Carbon offsets is a wide spread otcm scam sector. This UHF appears no different. Scams take on obscure hard to understand bait and promote them. UHF at this time has a yield sign on otcm, which in itself is a scam listing service and not an exchange. 'Uplisting' to another tier of otcm is a ruse and meaningless.
That said, uhf changed its name and sector 4 times in less than 10 years, and now is into some strange exchange agreement with itself. Which usually means stock manipulation. The product is bait.
Must have been a good pump and dump back in oct-nov 23' to do a 30 day run-up in pps. With hard work keeping it in double digits, but looks to be slowly fading. Also gave themselves 5 billion shares auth. to play with.
RGLG Security Details Share Structure Market Cap Market Cap 65,853,667 03/07/2024 Authorized Shares 5,000,000,000 03/07/2024 Outstanding Shares 303,333,333 03/07/2024 Restricted 284,183,333 03/07/2024 Unrestricted 19,150,000 03/07/2024 Held at DTC 9,198,899 03/07/2024 Float 9,198,889 01/23/2024 Par Value 0.001
The other tells is that it a non SEC registered corp with no recent official public disclosure in over 2 years. 8K's sent into SEC edgar data base is NOT filing with the SEC and is NOT vetted by the SEC and IS advertising wholly written by the officers themselves, meaning it can't be relied upon to be dependable.
Financial Reporting Reporting Status Alternative Reporting Standard Audited Financials Unaudited Latest Report 11/30/2022 Quarterly Report CIK 0001363598 Fiscal Year End 2/28
If uhf was a sec reporting company they would not be allowed to claim stocks sales as profit. Technically, uhf is still a shell with no actual generated outside profit and only 5 employees. All being major owners of the company.
Summary: Possible ongoing scam. Legit company: Questionable depending on ones version of legit. Disclaimer: I don't give a shit if people buy or sell stock in this corp. It's a hobby sniffing out scams.
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