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FAB Universal Corporation Message Board

lbcb321 1514 posts  |  Last Activity: 15 hours ago Member since: Jun 4, 2010
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  • Reply to

    E-Mail them.

    by fritz_schnabel Apr 17, 2014 11:59 AM
    lbcb321 lbcb321 Apr 17, 2014 12:59 PM Flag

    =As soon as they make the statement this stock will more than triple!

    What "statement" can they make that will change anything fundamentally with the prospects of this stock? The only thing that can change anything is filing audited financials with the SEC where the CEO, CFO and auditor have all signed-off on them. They simply can't do this and allow Foo to save face so it will never happen. That is my opinion and I have meticulously backed up why.

    Oh, but ditzy likes it when I wish you good luck! You would be better off with Powerball tickets than ABAT shares.

  • Reply to


    by pel1961 Apr 16, 2014 4:57 PM
    lbcb321 lbcb321 Apr 17, 2014 12:47 PM Flag

    =does anyone recall a company whose shares were halted as long as FAB who re-opened and traded up to their last trade prior to the halt?

    I have never seen a company halted for this long from any exchange that ever traded again on that exchange. This would be a first. More likely they eventually get delisted and trade on the OTC.

    AMBO has been halted since 03/22/2013 by the NYSE. What a travesty!

  • Reply to


    by pel1961 Apr 16, 2014 4:57 PM
    lbcb321 lbcb321 Apr 17, 2014 12:36 PM Flag

    =The SEC filing is not what is due today for FAB.

    I never said it was. The SEC filing was due on March 31st. They have been delinquent with the SEC since that date.

    = If this plan is accepted by the NYSE, it is questionable if FAB would any longer be "in violation of their obligations to the SEC."

    Once more you spout off on something you are absolutely clueless about. Regardless of what happens with the NYSE, FAB is delinquent in a required filing with the SEC until it is made.

    =the NYSE and SEC are doing their job to appropriately determine the facts for a company before delisting them

    The SEC has ZERO input on whether or not the plan to come into compliance with the NYSE is accepted. You can't be "delisted" from the SEC. The NYSE is a regulated exchange that has the authority to delist FAB for not meeting their compliance standards.

    It is amazing you can be so clueless yet continually act like you know what you are talking about.

  • Reply to

    lbcb is a snake, so he thinks everyone is a snake...

    by altaga47 Apr 17, 2014 11:11 AM
    lbcb321 lbcb321 Apr 17, 2014 12:23 PM Flag

    =ABAT's short records are on the web

    Yes, they are. That is why you are a proven liar as it can be confirmed what the short interest is and the fact they are not on the Reg SHO Threshold Security List proves there can't be many failures to deliver (naked shorts). You claimed it to be their OUTSTANDING short interest which is different than a bogus CUMULATIVE short interest that is just adding up all shorts in the past.

  • Reply to

    lbcb is a snake, so he thinks everyone is a snake...

    by altaga47 Apr 17, 2014 11:11 AM
    lbcb321 lbcb321 Apr 17, 2014 12:11 PM Flag

    =lbcb, show us your past criminal records...

    Just as soon as you show me your sources the outstanding short interest is over 20M shares.

    altaga47 • Jan 8, 2014 5:51 PM
    Total (hiden) outstanding short position could well be over 20 million shares... lbcb doesn't want you to know...
    Now you know whom he works for and what is his agenda....

    He said numerous times he had sources for this.

    altaga47 • Nov 22, 2013 5:22 AM Flag
    Did you know? The outstanding short position coulc well be over 10 million shares.... According to the info I have... Now, you know shorts are very scared...They have millions of dollars on the line...

    He started at 10M and went to 12M, 15M and then over 20M all the while saying he had sources to back it up.

    It is confirmed liars and manipulators like this I attack for good cause.

  • Reply to

    ABAT ~ Interesting Price Move

    by twist.nrev Apr 17, 2014 11:16 AM
    lbcb321 lbcb321 Apr 17, 2014 11:53 AM Flag

    What a lowlife to keep using a spoof ID. Look at the last character. I am lbcb321. D-F is using lbcb32l

  • Reply to

    ABAT ~ Interesting Price Move

    by twist.nrev Apr 17, 2014 11:16 AM
    lbcb321 lbcb321 Apr 17, 2014 11:41 AM Flag

    =The Board of Directors is very likely asking either the Hong Kong Exchange or Shanghai Exchange if they now fully qualify for listing

    LMAO! They don't even come close to qualifying.

    =ABAT is in good standing with the Chinese government

    What is your source for that?

    More lies from twisty.

  • Reply to

    Cost of Silver for SVM compared to CDE and AG

    by wrsparks Apr 16, 2014 12:12 AM
    lbcb321 lbcb321 Apr 17, 2014 11:36 AM Flag

    =You might do well to point out that this "cost per ounce, net of by-product credits" metric is a silly accounting gimmick.

    asianvest is 100% correct in this statement. The best example is HL. They used to have a NEGATIVE cost per ounce with by-product credit because their by-product was gold. This is by far the most misleading metric of any for miners.

    The first thing I look at for a miner is how much cash they are burning. You can play a lot of games with numbers, but if you are burning cash... that is more telling than anything.

  • Reply to


    by pel1961 Apr 16, 2014 4:57 PM
    lbcb321 lbcb321 Apr 17, 2014 11:27 AM Flag

    =Hopefully, they file before the close of business today.

    They aren't filing today, but they may be granted an extension by the NYSE. This is not to be confused with the SEC. They are currently in violation of their obligations to the SEC and no determination by the NYSE changes that or absolves them from their SEC requirements.

    What will probably happen is the NYSE grants them more time. They will make a case that they should be allowed to complete their investigation before they are required to file. While that is not in the public interest, the NYSE has been leaning more and more towards protecting bad companies instead of protecting the public.

    It still could literally go either way. The NYSE has more than enough justification to deny an extension and delist them. It won't take a long time to find out which it will be.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 11:09 AM Flag

    Real mature with the spoof ID again. What a low-life. The gig is up. People are realizing I was right all along. They can see my posting history is different than what the manipulators are saying. I can back up what I say while the manipulators have attacked me and attributed things to me I never stated.

    You usually don't see action like this unless something has been leaked. Be careful, people.

  • Reply to


    by ronalddickman Apr 17, 2014 10:28 AM
    lbcb321 lbcb321 Apr 17, 2014 11:03 AM Flag

    =Does he not lose also by allowing stock to tumble?

    That is an easy one. which is better for Foo?

    A) He owns 10% of the common shares. He should bring along the other 90% of the shareholders for the ride just so his 10% is more valuable.

    B) He does nothing and the SEC registration gets revoked. He relists in China in the future and owns 100% of the company.

    Which makes more sense to you... reward the people who exposed your fraud and sued you or cut them out and own everything? I really have a hard time understanding why people think he is worried about his 10% of the common shares of the US Holding company when he owns 100% of the Chinese operating subsidiaries if he does nothing.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:55 AM Flag


    There were other contemporaneous posts that confirm exactly what I said. Just as I said... I was courteous, straightforward and did nothing but wish the longs well. I didn't bash them before I bought and didn't pump them after I bought. Everything was exactly as I said. You sick people forget this. You only want to remember how my disposition turned when I was savagely attacked just for asking questions and trying to gather more information.

    Will you apologize now that you have the confirmation? Just put a line from the post in the search box and the post will come up and you can read the whole threads.

    There you go altaga. You can read each of the threads where I posted my trades as they happened. I made smaller profits on my other trades, but each of them were disclosed here.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:53 AM Flag

    =You are a liar... Show as your trading record

    altaga each of my trades here are documented pretty much in real time here:

    Re: Big buys coming through now

    By lbcb321.Dec 8, 2011 3:51 PM
    =My guess, it is either invest2bfree or lbcb321

    LOL! You're getting to know me too well. Yes, I have been lurking for a trade. 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.

    Re: Do you have to ruin it lcb?

    By lbcb321.Dec 13, 2011 12:20 PM
    I served my purpose. If I wouldn't have bought 300K at .29 and .30, the run would have started at .25 instead of .30. I sold half of them at .45. One of two things and I would have held all of them. If the company would have issued a PR I would have held all or if the volume was higher I would have held all. Once again, if they don't want to get excited... why should I? The cost basis on my remaining 150K is quite low, so I don't mind waiting to see what happens. Do they really want to increase shareholder value or do they want to destroy shareholder value and take it private cheaply? We shall see.


    By lbcb321.Dec 14, 2011 11:49 AM
    I'm gone with a $73K profit in less than a week. Sold my other half between .62 and .65. Beware when known events move the PPS this much on relatively low volume. The one plus the longs have is the company finally got the message and put out a PR. Good luck to you. If they continue communicating, you could come back to a buck soon. I liked the risk/reward better at .29 than .65. Good luck to those who are in this with both eyes wide open and understand the risks. Good riddance to the blind pumpers that make this look like a pump & dump scam.

    to be continued

  • lbcb321 lbcb321 Apr 17, 2014 10:44 AM Flag

    =Joel. now you know well that what lbcb intended to do... How can you line-up with a snake?

    LMAO! Yes, I showed a long time ago how to force a shareholder meeting and elect your own slate of directors to take back YOUR company. Tell me, altaga. Would that be in your best interests or not? How much of a future is there in your common shares that have been abandoned while Foo runs the company like his own personal piggy bank?

  • Reply to


    by ronalddickman Apr 17, 2014 10:28 AM
    lbcb321 lbcb321 Apr 17, 2014 10:40 AM Flag

    =Any intelligent answers to what is happening? Thank you..

    Yes. The price has been manipulated based on the premise that all would be fine after the lawsuit was over. The Final Order has come and gone and Foo still has not responded. Even the most delusional have trouble explaining away that one.

  • lbcb321 lbcb321 Apr 17, 2014 10:38 AM Flag

    =But I still believe you all will fail...

    Versus doing nothing but #$%$ and moaning and waiting for the registration to be revoked?

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:34 AM Flag

    =The company is the shareholders

    Can you really be this stupid? Then why did THE SHAREHOLDERS sue THE COMPANY?

    It is amazing what a D-F you are. That one simple statement shows conclusively they are not one and the same. In a REAL company, the shareholders vote for and control a BOD. The BOD guides the company. The BOD is the mechanism which is the go-between for the shareholders and the company. To say they are one and the same just shows you don't get it. This is the absolute stupidest group of shareholders I have ever seen as you have allowed things to work backwards. Foo IS the BOD and you kiss his backside instead of removing him which is your RIGHT and SPECIFIED BY LAW exactly how to do it. The company controls this BOD and not the shareholders.

    For years you have been supporting those who, as a shareholder, you are suing. How stupid is that? Supporting Foo is NOT supporting the common shares and the shareholders.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:25 AM Flag

    =What is your current position in this stock?

    I have been both long and short in the past. I currently have no position. I really wanted to go short again, but I believe SEC action could come at any time and I really don't want to be stuck short with revoked shares. I have been advised that they cannot necessarily be declared worthless in the eyes of the IRS and it could result in more hassle than I wish.

    If you are REALLY brave, you may wish to take advantage of one last mini-pop that could happen. I think sleazy Foo will make one more PR to try to head off shareholder action. That is his style.

    Can I ask you a question now... why didn't you sell when it went over a dollar? You received an amazing, incredible gift when it went up like dozens of other companies for no reason after the TSLA announcement. Nothing has changed fundamentally with or without any lawsuits. Your common shares have been abandoned and will eventually be revoked.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:18 AM Flag

    =Please explain how your quote to "destroy this company" is not against all shareholders.

    We already know YOU are too stupid to know there is a difference between THE COMPANY and THE SHAREHOLDERS. The COMPANY does need to be destroyed so the SHAREHOLDERS have a chance to make something in the future. How many times have I urged shareholders to "take back your company".

    You really are a D-F, ballsy, and you just proved it again. Foo and his hand-picked cronies need to be removed (destroyed) if the SHAREHOLDERS will ever have a chance.

  • Reply to

    To all...

    by lbcb321 Apr 17, 2014 9:47 AM
    lbcb321 lbcb321 Apr 17, 2014 10:12 AM Flag

    Reply to
    lbcb insults all long investors yet again
    by auyf860128 •Nov 13, 2012 12:39 PM .

    lbcb321 • Nov 13, 2012 12:58 PM Remove

    I didn't insult all longs. I have often stated that I have no quarrel with the informed investor that sees this as a speculative gamble. I have wished them well. It is those who try to con others into this with lies that I have a problem with. Yes, the drop in PPS is proof I am correct... so far. I don't know how you "keep score" with your investments, but I use cash value to score my trades. I can't imagine how you can say I am delusional for correctly showing you all their proven violations while you ignore the facts.

    You are either a conman or you do have serious mental issues. I do not make this blanket statement for all here. twist claims he isn't selling yet he lives and dies on each trade price. A thinly-traded penny stock can easily have a spread of 20% to 30% or more. You couldn't sell any volume for more than .22 and couldn't buy any volume for less than .29. It doesn't matter what the last sale price is... only what price you could liquidate your position for. twist's 200K shares would be lucky to fetch .18 right now.

    You don't need to put words in my mouth. I am very specific on who I am insulting. I am insulting YOU. You are a liar and a POS. You can't refute the facts presented, so you attack the messenger. I hope the SEC grows a pair and investigates the organized group misleading people here.

3.070.00(0.00%)Nov 21 4:00 PMEST

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