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FAB Universal Corp. Common Stoc Message Board

lbcb321 597 posts  |  Last Activity: 15 hours ago Member since: Jun 4, 2010
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  • =At this point I think I know more about FAB and their business model than any other stock I own.

    LOL... you mean that business model they totally abandoned and even though most of their cash in 2013 was made from kiosk licenses they all of a sudden quit selling them? You mean that business model that changes with each filing as they struggle to come up with something different once challenged?

    It is inexplicable they would stop selling kiosk licenses. Makes me think it wasn't their choice and they lost the rights to license the content due to being caught in piracy. So many questions. Too bad they ran and hid and won't answer anything anymore.

  • =ABAT's insurance company settled for a chump change (275K) and the lawyers took the deal because they knew it was a nuisance suit at that point (because ABAT was a fraud).

    But Joe... you just claimed this:

    "Because every insurance policy has a disclaimer for fraud. If FAB was a fraud their insurance wouldn't pay squat"

    Now you are saying ABAT's insurance company DID pay out a settlement and they were a fraud. Which is it Joe... were you lying before or are you lying now? You and I both know that the argument of they must not be a fraud because their insurance company is defending them doesn't hold water. It is BECAUSE they are a fraud that the insurance company will tell the Plaintiffs to take a small settlement or get nothing when they are abandoned.

    Your desperation is making you say some stupid things and you are getting caught up talking out of both sides of your face.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM

    = I control one ID

    Sure, Benjamin:

    Reply to
    Timelines for Fab meeting with NYSE MLQP
    by vvrm •Jul 16, 2014 12:12 PM
    benjaminterrywilliams • Jul 21, 2014 8:44 PM


    Either lbcb is a bigger novice than I thought or he is lying again. The VIE structure poses some complex fiduciary dilemnas.
    Reply to
    Timelines for Fab meeting with NYSE MLQP
    by vvrm •Jul 16, 2014 12:12 PM
    benjaminterrywilliams • Jul 21, 2014 8:42 PM Flag


    Yes, lying also explains lbcb's lapses. It is hard to be consistent across lies, I think, but lbcb does a decent job of lying, give him credit, :)

    You forgot to switch back from your benjaminterrywilliams ID. I was nice enough to inform you anybody can easily see your home address, phone number, employer etc. and you should change IDs. Now you claim to use only one? It was just 3 days ago you used this one as well as your other numerous IDs plus the many more you have on Seeking Alpha.

    You have serious mental illness to continue to lie about things everybody can see for themselves.

    Are you denying benjaminterrywilliams is your ID?

  • Wrong, ditzy.

    "With AT&T reporting its financial results this week the media is buzzing about comments they (and others) have made to the effect that smartphone subsidies may eventually come to an end. The theory being floated is that future mobile phone buyers will be aware of exactly how much how much their smartphone costs. This new financial awareness will somehow prompt fewer people to pony up for an expensive iPhone."

    "Apple's iPhone sales could falter in China as government asks carriers to cut subsidies, UBS says

    By AppleInsider Staff
    Chinese authorities have begun to pressure the nation's massive, state-owned wireless carriers to roll back marketing expenses by as much as $6 billion, an edict that could force cuts to handset subsidies that least one analyst believes may have an impact on sales of high-end devices like the iPhone."

    "The U.S. is among the iPhone's strongest markets, in large part because of subsidies. But it is already showing signs of strain amid strong competition and slowing adoption rates for smartphones as the market becomes more saturated.

    Brian Marshall, an analyst at ISI Group, estimates U.S. sales of the iPhone fell 20% in the last quarter of the year following a flat showing the quarter before, as sales growth continues to slow.

    The fading of subsidies adds more pressure on a device that starts at $649 for the latest-model iPhone 5s.

    Apple declined to comment."

    It isn't down to anywhere near 25% yet. there are dozens of articles on the subject. The shift was supposed to begin earlier, but there are now indications the transformation is continuing... INCLUDING in China. Subsidies are the only way AAPL could maintain higher margins. I am not wrong about what is coming... the industry just delayed implementation of what we know is coming. Keep the margins and sell fewer phones or drop margins to attempt to keep market share. Those will be their choices. AAPL as a company has become too reliant on the iphone.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM

    =both about the reliability of my identity and the security of your identity.

    I know the identity of the person behind the ID(s) you control. You could be an identity thief, but your previously claimed knowledge-base matches with this person's background.

    As far as MY identity.... There is no claimed "security" of my identity. It may easily be obtained by a lawful court order. I have no delusions like yourself that I could commit illegal activity on these boards and be untouchable. Just the opposite... I have nothing to hide and welcome any investigators to contact me where I can get them on the right path to what manipulation is being done here with multiple accounts.

    YOU are the one obsessed with agendas and motives as you continuously deflect from the facts at hand. If my agenda were to just "bash" FAB, I would not fall into your games and allow the discussion to get off-track all the time. I would keep it to the facts, but punking you is now a hobby of mine. Yes, I admit to my childish diversion. You so richly deserve what is coming to you and I will stick around long enough to watch you get your just desserts.

    At least Joe deceives about things that an ignorant person could believe was plausible. Like insurance companies refuse to pay for frauds. I am trying to think of a single instance where the insurance company refused to pay for a Chinese fraud. They pay the small settlements after claiming the assets are untouchable in the PRC and it is just a cost of doing business.

    I propose any company from a country that will not enforce a judgment from a US court should be required to put up a surety bond in the amount of their market cap in order to be listed on a US exchange. That would end the accountability problem with these Chinese frauds. The bonding companies will weed out the bad actors by refusing to do business with them or charging exorbitant prices.

    China can enter the real world or we should make more requirements from their businesses.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM

    =That's my interpretation of the exchange.

    Your rose-colored glasses "interpret" things one way while an objective person interprets things another way. You continue to show how clueless you are to continually say some is "lying" about an "opinion" or a matter you, yourself, state is open to interpretation.

    =So your statement in your post is estimated Lie 25 for your posts

    I probably have given 25 opinions on this board, so in your mind that is 25 "lies". You aren't even a good consultant. I'm sure they have regretted hiring you for your disinformation campaign. At least Joe can con the ignorant once in awhile but your paranoid rantings actually make you look like a stealth basher. If I were viewing this board for the first time... that would be my opinion of you. Hard to believe somebody could actually be this dense.

    I wonder if FSU knows what you are doing in your spare time?

  • =Because every insurance policy has a disclaimer for fraud. If FAB was a fraud their insurance wouldn't pay squat (and neither would FAB....frauds don't have money).

    That lie, yet again, Joe? You admit ABAT is a fraud and their insurance company paid out. Same with SCEI. A proven fraud and their insurance company paid out. And MANY more. The insurance companies are still required to pay the legal defense for ANY single management or BOD member that may not have been complicit in the fraud. Instead of paying the high legal costs they pay the settlements. It is also bad for business when they don't pay and accuse their clients of fraud.

    You know how the system works, Joe, and your nonsense like this just confirms to people how much misinformation you spew. Everybody has the knowledge to verify some of your lies and misinformation so they should hold suspect everything they can't verify. Everybody has seen one of the Chinese frauds settle their lawsuit with the insurance company paying out so they know you are lying when you say it is the practice of insurance companies to refuse to pay out for frauds. That just is not standard practice and you know it.

    Yes, it will be a small settlement because you will see a statement like... given the uncertainty of collectibility with the majority of the assets in the Peoples Republic of China, Plaintiffs have chosen to accept a settlement instead of pursuing a lengthy and expensive court proceeding and find their is nothing to collect. Happens all the time with these Chinese frauds.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM
    lbcb321 lbcb321 Jul 23, 2014 11:59 AM Flag

    =And why would you believe a story coming from a guy you state is lacking in "ethics and morals"?

    I won't keep punking you on the rest of your nonsense, but will reply to this one ridiculous statement. I believe nothing "from Carnes". You continue to lie and deceive about his role in the FAB debacle. If Carnes did not exist, it would not change the facts. What did Carnes provide that cannot be documented elsewhere? Nothing but the pirated content he documented. Big deal. Surprise, surprise the Chinese are thieves and there is pirated content everywhere. Like that is an unknown.

    I don't believe the bond was issued because Carnes mentioned it. I believe it because I saw the documentation proving it. I don't believe their deployed kiosks were pure fantasy because of anything Carnes said. I believe it because they promised to released a list "when translated" and couldn't do it. The entire premise of The Joe Scam is to blame everything on Carnes just because he is despised by so many.

    You are just as morally bankrupt as Carnes with your obvious manipulation. Anybody who can independently verify anything doesn't matter to you. Did the NYSE "believe Carnes" or did they have information that could be independently verified? You are despicable, Joe. Your propaganda campaign to blame everything on Carnes instead of those who actually committed the transgressions is pathetic.

    Why don't you quit acting like you are a shareholder looking out for shareholder's best interests. You are a conman. You are defending those who have destroyed shareholder value and shirked their fiduciary duties to shareholders. That is obvious. Let this trade and watch your big con fall apart.

  • lbcb321 lbcb321 Jul 23, 2014 10:45 AM Flag

    NFLX is like AMZN and TSLA. Scratch your head all you want over valuations, but you are a fool if you bet against them. They don't trade in the real world. ditzy got spanked hard betting against AMZN.

    By the way... I told you SCTY wouldn't go straight up and you would have trading opportunities. I'm holding a core position there and trading some on the side. Had a nice dip to $50 and back up to $75. Was going to start picking up some more at $60 this time and may have missed it. Didn't quite get there and are now back at $70. They are accumulating a nice customer base and someday when battery storage is feasible, they will have add-ons to all their solar installations and will pop big in a short period of time.

    Time to buy ENOC again under $18. Another one I have a base in from really cheap prices and trade a little on the swings.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM
    lbcb321 lbcb321 Jul 23, 2014 9:50 AM Flag

    =He has broken many laws, according to my analysis.

    LMAO! Show us what laws he has broken and provide the supporting documentation your analysis uncovered.

    You can't do it. You are a hired flunky to spin that it is the fault of anybody and everybody other than who committed the actual transgressions.

    Did Carnes illegally hide material information and fail to disclose a bond offering?

    Did Carnes state a DEPLOYED kiosk count that was pure fantasy and did not exist?

    Did Carnes cease cooperating with the auditors when they asked to verify information instead of closing their eyes (plugging their nose) and having blind faith in what they were being given?

    Did Carnes lie and issue a "vehement denial" of the existence of the bond when in possession of the documentation PROVING it?

    You are hilarious, but there aren't many falling for it. Carnes is a nobody. I believe he is lacking in morals and ethics, but to accuse people of crimes without providing any supporting documentation is not right. Even IF he were guilty of crimes, your straw man argument of "if Carnes is bad then FAB must be good" does not play. They can BOTH be bad.

    If you aren't a paid flunky then you have severe mental illness. All you do is question motives and make up stories about people instead of verifying facts. All you do is deflect from the company and those who have destroyed it. The derivative lawsuit will attempt to hold them accountable. The entire management and BOD needs to go. Each one has failed in their oversight duties at a minimum and shirked their fiduciary duties to shareholders. How anybody can defend them is indefensible in its own right.

  • Reply to

    Seeking Alpha on CBAK

    by nationalsozialistischen Jul 22, 2014 1:58 PM
    lbcb321 lbcb321 Jul 23, 2014 9:36 AM Flag

    =At least it is operating and no one robbed the stockholders. Yet!

    They did a "Chinese bankruptcy" and you don't think shareholders were robbed? Shareholders lost all of the assets for their operating subsidiaries and are left with a promise that they can build a new facility in Dalian when they don't have the cash to do so.

    Yes, the stockholders were robbed. They are just too clueless to realize it and will receive a rude awakening when the next financials come out showing next to nothing left. Depending on how much debt they couldn't shed... this will either go down a lot or HUGE. It won't be a little drop when the new numbers come out.

  • lbcb321 lbcb321 Jul 23, 2014 9:32 AM Flag

    It will go up slightly as the fools are conned into thinking it was a good quarter when they missed what was expected. Then the institutions will resume selling and it will be down slightly by the close on slightly higher than normal volume.

    Yawn... their growth story is done.

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM
    lbcb321 lbcb321 Jul 22, 2014 5:40 PM Flag

    = he tries to make me (this ID) scared that he knows my identity.

    Of course I know your identity. You are Benjamin Terry Williams from Tallahassee, FL. It was hilarious when I stated you were either a teacher (probably college professor) or consultant and you turned out to be BOTH. You work at FSU and do consulting on the side. No surprise Chris Spencer is in Florida. Is he the one who hired you for this "consulting" work? It has been obvious from the beginning you were defending management after all their shenanigans that hurt shareholders while purporting to be a shareholder advocate.

    You even screwed up a couple days ago and posted with your old alias. As you cycle through aliases to rate posts... sometimes you forget which one you are on. It is easy to spot all your aliases as well as your multiple aliases on Seeking Alpha.

    benjaminterrywilliams • 20 hours ago


    Either lbcb is a bigger novice than I thought or he is lying again. The VIE structure poses some complex fiduciary dilemnas.
    Reply to
    Timelines for Fab meeting with NYSE MLQP
    by vvrm •Jul 16, 2014 12:12 PM
    benjaminterrywilliams • 20 hours ago Flag


    Yes, lying also explains lbcb's lapses. It is hard to be consistent across lies, I think, but lbcb does a decent job of lying, give him credit, :)

    Should be more careful about going back to that alias. Other people can track you down. I couldn't care less about a conman like you, but other people you have conned might take offense.

    Keep lying about using ONE identity and that I use multiple identities when I use exactly ONE and I will continue to expose the truth about you. I believe you are guilty of manipulation of a listed security. I welcome an investigation into the manipulation here. I can withstand the scrutiny, but manipulators like you cannot.

  • Where was that big blowout quarter you promised, ditzy? I never got the pop, so I didn't get to short them. See what GS had to say about institutions holding AAPL?

    "Apple's not so hot with some fund managers. A report from Goldman Sachs says Apple is one of the most underweighted stock among large cap fund managers."

    The retail fools can be led by the nose to follow the bandwagon too long, but the big fund managers can't get out all at once and are a precursor to upcoming movement. The fact they are underweight at these over-bought prices should tell you something.

    AAPL misses the revenue number they had already guided much lower and continue to guide future estimates lower. TOO funny.

    Google: apple guides lower

    EVERY quarter you see the same headline of Apple guiding lower. What a crock! If you take 6 month out numbers estimates, Apple hasn't beat guidance for years. They are constantly guiding lower for the upcoming quarter so they can beat sometimes and miss sometimes. Can't believe they missed the revenue number after guiding it so much lower.

    Put your rose-colored glasses back on and tell us how great they are. They will have trouble hitting their 2012 highs again now. Guiding for $37B to $40B now for next quarter revenue when consensus is over $40B now. They will talk guidance down to $37.5B and post $37.8B to "beat". And ditzy will fall for it and say what a growth company they are.

  • Reply to

    Check out ivc short CBAK

    by ditzil Jul 22, 2014 9:18 AM
    lbcb321 lbcb321 Jul 22, 2014 11:14 AM Flag

    Just got my confirmation. I took my quick 10%. At 11:08 I covered at $3.965 in two fills of 1400 and 1100 shares. Look it up. Yet another successful trade in real-time while you suckers sit on your dead money.

  • Reply to

    This stock is ready to explode?

    by barneyspeedway Jul 14, 2014 6:19 PM
    lbcb321 lbcb321 Jul 22, 2014 11:00 AM Flag

    =Gotta wonder what kind of an idiot would bid up the price of this stock.

    You are subject to the whims of a master now. Fife received 5M more shares as settlement of the lawsuit and to solidify his vested interest, he had to purchase 2M more at .15. This gave them $300K. It isn't enough to implement any business plan and begin manufacturing anything, but Fife wants them to stay alive long enough for more pump & dump campaigns so he can cash out his millions of shares.

    How come there hasn't been an amended 13G from St. George Investments (Fife) showing the additional 5M + 2M shares he picked up?

    The lies continued in the last 10-Q. Some good trades out there today... I'll revisit the 10-Q when I have a chance. Let's just say this is a pure sucker's play as it has been for years.

  • Reply to

    Terrible First QTR

    by misterjer2000 Jul 21, 2014 1:35 AM
    lbcb321 lbcb321 Jul 22, 2014 10:48 AM Flag

    = Most of the people who buy the kiosk license's have no interest in deploying a kiosk. Once they have the license the products can be purchased and then pirated for a nice profit.

    I didn't want to bring that up as I would be attacked as biased, but that is an interesting proposition. Perhaps they really did sell the licenses, but that is why they were never deployed and they can't provide the locations. To expand upon your premise... perhaps they are forbidden from selling more licenses and lost the right to the content after being caught pirating content. That would be an interesting development.

    Yes, folks... that one is in the pure conjecture category and clearly an opinion. I demarcate fact from opinion yet the delusional always claim I am "lying" by giving an opinion.

    Perhaps that explains how they could sell zero licenses on what was such a lucrative part of their business and shown it generated $29M of the $54M in cash from operations raised in 2013. You don't just walk away from that business completely even if you are "transitioning" to a different model. How come no conference call so they can be asked if the zero license sales were there choice or if they lost the right to sell licenses and the accompanying content?

  • Reply to

    Timelines for Fab meeting with NYSE MLQP

    by vvrm Jul 16, 2014 12:12 PM
    lbcb321 lbcb321 Jul 22, 2014 10:39 AM Flag

    =The central thesis for Ibcb for the first 4-5 months of 2014 is that FAB would go dark.

    That lie again? I already showed you many of the posts refuting that and there are many more:

    Reply to
    10K Audit......
    by joebigbuck •Mar 4, 2014 3:57 PM
    lbcb321 • Mar 5, 2014 5:40 PM Remove

    =With today's news I think it's a given FAB will file their 10K in a timely manner.

    Dream on. We will know soon enough. If they are stupid enough to put out a 10-K where all the language is watered-down and wishy-washy, it will do more harm than waiting for the investigation to be completed.

    Want another one?

    Reply to
    march 31st
    by leron14277 •Mar 20, 2014 5:46 PM
    lbcb321 • Mar 20, 2014 8:46 PM Remove

    If you think FAB is filing, you just haven't been paying attention. IF they do, it is going to be such watered down language that it will mean nothing and probably do more harm than going dark. We will know soon enough.

    And yet another:

    Reply to
    FAB Redemption Coming Soon
    by stockbraveheart •Mar 24, 2014 10:36 PM
    lbcb321 • Mar 27, 2014 9:02 AM Remove

    4 days to 10-K due and 5 days for NT 10-K. I'll be home by then. Can hardly wait to see what happens. A watered-down 10-K or going dark... which will it be and which will hurt them the most?

    And there are many more. An option was always to put out a 10-K with all of the supporting information proving the allegations removed. That is the route they chose.

    Once more I provide the documented proof exposing yet another of your lies.

  • lbcb321 lbcb321 Jul 22, 2014 10:33 AM Flag

    "I give the truth and a consistent message whether I am long, short or no current position. I don't pump when I'm long and bash when I'm short."

    Yes, Ben... (or do you prefer Benjamin?) I give a consistent message unlike fools like qdog that go back and forth pumping and bashing depending on their position. You gave part of the message as you continued stalking me on other boards, but as usual... twisted my message.

    =Since when is he long

    I answered that in the post you twisted as I answered that question on the ABAT board:

    "December 8, 2011
    Let me make one thing perfectly clear... I am not pumping ABAT by any means. I think there are some serious unresolved issues. I am a student of human nature and I believe there will be a pop for the factory grand opening. I will be selling Monday or Tuesday, but think anything under .30 is a buy through the close tomorrow."

    Some one was giving me a hard time about shorting ABAT and I pointed out I made more money on long trades than short trades there. Even when I was long, I did not pump them and still gave my honest assessment of them.

    I have a long, long track record of successful trading and consistent, honest messages while you are caught in lies over and over. Pssst... you used your benjaminterrywilliams alias again right after claiming you only used ONE ID. Too danged funny what a complete buffoon you are.

  • Reply to

    Check out ivc short CBAK

    by ditzil Jul 22, 2014 9:18 AM
    lbcb321 lbcb321 Jul 22, 2014 10:17 AM Flag

    =ABAT is running above as well.

    Above what? There was a large sale followed by a smaller buy at 30% above the sale price. Why don't you actually see what the trades are before you post such nonsense. Still trying to con the ignorant.


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