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FAB Universal Corp. Common Stoc Message Board

lbcb321 195 posts  |  Last Activity: May 22, 2015 11:03 PM Member since: Jun 4, 2010
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  • Reply to

    ABAT will go private

    by newyearabat Mar 9, 2015 11:44 AM
    lbcb321 lbcb321 Mar 9, 2015 6:18 PM Flag

    =When ABAT files

    Won't happen by March 31st. What will your excuse be then?

    =looking closer to 5.00 or higher... short term.

    LOL! Look at HPJ... a real company with no allegations of impropriety. They have a market cap of $75M. That would equate to less than $1/share for ABAT if they also had zero allegations. That is what happened to Chinese companies once people started catching on there is no accountability from them if they want to walk away with your cash. You are delusional to think a proven Chinese fraud would have a $400M market cap.

    =we are looking at a fast growing profitable company

    That has closed down their new factory for at least 6 months with no plan in place of what to do with it. Sure sounds like a fast-growing, profitable company to me. What part of factory shut down don't you understand? It was even one of the past pumpers that said he had information that they quit paying people at Wuxi and it was mostly shut down, also. He wouldn't provide any supporting documentation so it is naturally to be taken at face value as rumor only, but where is any recent proof to refute it?

    So what did you learn when you checked to see if ABAT is current with the State of Delaware?

    You can base your investing decisions on FACT, yet you would rather make outlandish "predictions" that have no basis in reality.

  • Reply to

    ABAT will go private

    by newyearabat Mar 9, 2015 11:44 AM
    lbcb321 lbcb321 Mar 9, 2015 2:15 PM Flag

    =ABAT will go private after filing

    Wow... count one more in the delusional column. I guess it doesn't count if it is just another of twisty's aliases.

    You REALLY think they are going to file 14 different 10-Q and 10-K reports in 22 days? Oh wait... the janitor at Paritz has an Asian-sounding name! That means he is part of the "team" auditing ABAT and they will do the impossible!

    =shareholders will get around $3.00 a share.

    Ridiculous premise one is Foo will spend the $5M+ it would take to audit those 14 reporting periods. Now you are saying that he can come up with a quarter BILLION dollars to buy out shareholders? Why buy something you already own? How many of thee Chinese companies do you need to see do the same thing before you understand there is no accountability.

    When you're dead... fall off the horse.

    22 days and then a whole new round of excuses begins.

  • Reply to

    The "END" is NOT near!!

    by acacles Mar 4, 2015 8:39 AM
    lbcb321 lbcb321 Mar 7, 2015 10:03 AM Flag

    The Sand Pit was a fun project. I can't give many details per the purchase agreement, but I learned a lot on that one.

    We have named the residence on the island, The Iceberg Home. 90%+ is below the surface. The goal is to make it look like a humble island home on top and all the fun stuff is hidden so as to not draw attention. Using camo-netting so the solar panels aren't sticking out. Tested some different kinds and it really doesn't block much output from the sun.

    Just because you are paranoid doesn't mean somebody is NOT out to get you... cqtm.

    I have a valid realization that there are, indeed, real-life pirates, drug-runners, etc. in these waters. Our boat to get back and forth to civilization looks like an old rusty trawler, but has $80,000 worth of new propulsion equipment, radar, radio etc. along with a couple surprises if anybody tries to approach too closely without permission.

    There are those who like "stuff" so they can put on airs and impress others and those who genuinely like the "stuff" on its own merits. We fall in the latter. I like to let people here know the types of things that are possible, but those who know us in the real world would never suspect all the things we have.

    Yesterday was a travel day and I am enjoying 80 degrees today. The amazing thing is I pulled up a 10-day forecast for the nearest city and it is literally 80 or 81 for a high and 72 or 73 for a low each of the 10 days. It just doesn't change much. I slept in a hammock under the stars last night and it was incredible how bright they were. Note to self to set up a telescope here.

    I understand the thinking of California dude. Many of the producers continue to throw in the towel and only produce enough now to keep their own lives comfortable and not support hundreds or thousands of others. When I shut down my last business, I even bulldozed the building so they couldn't collect huge property taxes off of it. I think I mentioned that before. Insert Margaret Thatcher quote.

  • Reply to

    The "END" is NOT near!!

    by acacles Mar 4, 2015 8:39 AM
    lbcb321 lbcb321 Mar 6, 2015 7:17 PM Flag

    I have a lot of respect for Ray Stevens. I love his political and comedy songs. My favorite is still his wambly pambly "Misty".

    Go to You Tube and watch "Mr. President - Mr. President". He had Owebama pegged from the beginning.

  • lbcb321 lbcb321 Mar 6, 2015 6:50 PM Flag

    =With more than $1 million in assets

    Doubt it... naïve and ignorant kids like you are easy to spot on these boards.

    =I am more than capable of managing my investments.

    Even a blind squirrel finds a nut once in awhile, but you don't have the skills to be a successful individual investor.

    The "Prudent Investor" you like to talk about says "thank you" when somebody goes out of their way to teach you what has taken years to learn. Investing in Chinese frauds is not the way to financial independence.

    Will you ever comment on the INFORMATION presented or just keep attacking the messengers? How come you can't take a step back and join in on a cogent discussion surrounding a company that could give two completely different sets of numbers for a facility and be forced to file an Amendment when an anonymous poster on a public message board calls them out on it?

    This is not investment-grade and you are too foolish to acknowledge it.

  • Reply to

    Delaware Annual Report Filed?

    by lbcb321 Mar 5, 2015 3:39 PM
    lbcb321 lbcb321 Mar 6, 2015 6:40 PM Flag

    = You have to pay to find out actual status.

    And that is where I show how full of sheet you people are. You claim to have hundreds of thousands of shares and hundreds of thousands of dollars invested here, but won't spend $10 to find out some REAL information and see if ABAT is compliant with their State of Delaware registration.

    =Some of these guys hope and pray that someone will take that statement incorrectly!

    LMFAO!

    Why would somebody take a simple statement like that "incorrectly"? You are so delusional it is actually quite sad. Did you have any comments to make on twisty's remarks that ABAT had APPROVED (past tense) some kind of equipment upgrade for Dongguan and was going to install it the second quarter of 2015? He said it was on their website, but couldn't back it up. Heaven forbid somebody should take those statements "incorrectly" when it has been shown they are absolute lies.

    You are a hypocrite and your hypocrisy is bringing all of this misfortune on you. Karma is a real beeatch,

    How come none of you supposed longs will call out twisty when he posts lie after lie? Not rhetorical... let's hear your reasoning.

  • Anybody check yet to see if they renewed their registration in Delaware that was due March 1st? That is one of your clues if they plan to ever come back into compliance.

    https://delecorp.delaware.gov/tin/GINameSearch.jsp

  • Reply to

    Jon Carnes Vancouver Silvercorp trial?

    by randallschuppener Mar 5, 2015 7:43 AM
    lbcb321 lbcb321 Mar 5, 2015 3:28 PM Flag

    From the BCSC website:

    The Panel's findings are due April 30, 2015.

  • lbcb321 lbcb321 Mar 5, 2015 2:53 PM Flag

    =Always question the motives.

    The motives are irrelevant. Motives do not change FACTS. Either somebody can provide supporting documentation and a statement can be independently verified or it cannot.

    These boards are full of failed investors that are always asking, "Why are you here?". Spend more time verifying information regardless of who presents it and you will do much better. A blind basher is no better than a blind pumper. Back up what you say and that is what is important... not whether or not you "like" or agree with the position of who presented the information.

    If you cannot be objective, then you have no business being an individual investor. Turn over your money to a professional while there is still some left.

    Let's take the latest premise... there is something terribly wrong when a company publicly disseminates two different sets of numbers for operational results for the same facility. Then they issue an "amendment" when called out on it. Is this verifiable fact? Of course it is. You want to look the other way because you suspect the "motives" of who first caught the discrepancy. You have lost the ability to be objective and verify facts on their merits and that means this is an investment that is not right for you. You have an emotional attachment and that is leading you on the road to ruin.

  • Reply to

    Fife Dumped NINE MILLION Shares!

    by lbcb321 Feb 23, 2015 3:44 PM
    lbcb321 lbcb321 Mar 5, 2015 1:49 PM Flag

    Still no new 13G or 13D filing indicating somebody is now a 5% owner.

    13D no longer applies or they are breaking the law. Guess they will claim to be a passive investor and then their 13G won't be due until next year.

    Interesting that Fife filed a 13G and not a 13D. If he attempted to influence the control of Sauer Energy in any manner, he was committing a felony by giving a false disclosure in his 13G. Not saying he WAS... just IF he was. I find it hard to believe he never had any contact with Dieter and never attempted to provide any guidance for how Sauer Energy should be run. We will give him the benefit of the doubt until there is evidence to the contrary.

    There sure is an appearance of impropriety and it is odd that Fife wouldn't know to file a 13D instead of a 13G just to make sure his intent regarding SENY was clear.

  • lbcb321 lbcb321 Mar 5, 2015 9:09 AM Flag

    =Prudent investors wonder why an anonymous poster keeps coming back to this board

    Nope. Prudent investors verify the INFORMATION presented and couldn't care less about the MOTIVES of who presented it.

  • Reply to

    The "END" is NOT near!!

    by acacles Mar 4, 2015 8:39 AM
    lbcb321 lbcb321 Mar 5, 2015 8:30 AM Flag

    Streakers of the world repent... your end is in sight!

  • Reply to

    SEC Activity on 4 March

    by china_s2 Mar 4, 2015 2:57 PM
    lbcb321 lbcb321 Mar 5, 2015 8:28 AM Flag

    =That is a mischaracterization of what happened

    The poster-child for the delusional returns to talk nonsense. That is EXACTLY what happened. Here is the exact text from the 8-K from 11/21/2011:

    "The notice states that, unless the Company files an appeal of the Staff’s determination, trading in the Company’s common stock will be suspended at the opening of business on November 30, 2011 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the common stock from listing on the NASDAQ Stock Market.

    The Company has not yet determined the action it will take in response to the notice from The NASDAQ Stock Market."

    All they had to do was appeal and get a 6 month extension like all the other companies do. At the end of 6 months, they almost always get a second 6 month extension. It was 100% under ABAT's control whether or not they allowed their NASDAQ listing to go poof. They threw the shareholders under the bus.

    So, josephfrank... if Andrew mischaracterized what happened... let's hear your interpretation.

  • lbcb321 lbcb321 Mar 4, 2015 8:29 AM Flag

    twisty... that doesn't answer why you lied about what is on the ABAT website. Why are you trying to con people into believing ABAT had announced plans to upgrade Dongguan in the second quarter of this year?

    They said no such thing. They have no plan and the only thing they announced was shutting down Dongguan for the first half of the year.

    This is simply not how business is done. You are eventually going to hear how Dongguan was lost to foreclosure or something like that. Nobody shuts down what was supposedly a profitable factory for at least 6 months with no plan what to do with it. It is more like a cover story for creditors selling off the equipment.

    27 days now to file 14 different 10-Q and 10-K reports. Even less business days. So, twisty, do you REALLY believe an audited financial report can be completed every other day through the end of the month?

    LMAO!

    The jig is up.

  • lbcb321 lbcb321 Mar 3, 2015 12:17 PM Flag

    twisty wouldn't be LYING to you again now would he?

    "ABAT has announced production equipment upgrade 2nd quarter 2015"

    Where does it say this, twisty? I google that entire sentence and it only exists in your post. Sounds like the whole Foo Entrepeneur of the Year Award sham again. Here is what ABAT actually said which is MUCH different:

    "1, Since January 1, 2015 and ends on June 30, 2015, suspend production."

    They have not "ANNOUNCED" as you claim an "equipment upgrade 2nd quarter 2015". In fact, they said Dongguan would be shut down for the ENTIRE first half of the year.

    "is expected to put into operation in the second half of 2015."

    The "plan" which they do not yet have is EXPECTED to be put into operation in the second half of 2015. Now why would twisty tell you they have already ANNOUNCED (past tense) an upgrade for the 2nd quarter of 2015 when ABAT told you something completely different?

    Care to comment on your most recent lies, twisty? Want to know why I stick around to torment you with the TRUTH? Not one of you is "innocent" as not one of you will call out those who continually spew lies and misinformation in an attempt to con others. So who is going to call out twisty for his most recent lies? Is what he posted actually what ABAT stated?

    "Paritz & Company, P. A. are charged with the update via their two person verification team."

    Another LIE. ABAT never made any mention of a "two person verification team". twisty made that up. Come on, twisty... where does it say this on the ABAT website as you claim?

  • Reply to

    Volume

    by tbeau2 Mar 2, 2015 6:17 PM
    lbcb321 lbcb321 Mar 3, 2015 8:19 AM Flag

    =they firmly believe the stock will go up after the release of the financial reports.

    OMG! You are still sticking with the premise they are now going to release 14 different 10-Q and 10-K reports in the next 28 days? You do realize that is one every other day for the next 4 weeks. At what point do you admit this isn't going to happen?

    Are you really going to be giddy on March 30th because you JUST KNOW they are filing all 14 reports the next day?

    You really need to take a step back and be honest with yourself. Did you bother contacting Paritz and asking them if they have begun any audits for ABAT? What was their reply?

    =I will like to learn your opinion of this low volume.

    That is an easy one. No MM will hold this stock in inventory. They are only matching buyers and sellers which is why it is so difficult to match orders. If you don't place a limit order... you will fill at 25 cents like we have seen many times the past few weeks. MMs know this is ripe for being suspended/revoked and you will pay dearly for them to take the risk and buy your shares. Another reason for the low volume is the most clueless people own it. They don't understand Bid and Ask and can't comprehend there is a 20% spread to sell now. They see .42 print and can't figure out why their limit sell order for .41 won't fill. It took .35 and .36 to sell yesterday. Just because one of the manipulators bought 100 shares late in the day for .39 doesn't mean you can sell close to there. The clueless will follow this down penny by penny instead of placing a limit order that can actually fill. Might still be able to get .35 for moderate volume, but it will take .20s to sell higher volume.

  • Reply to

    Fife Dumped NINE MILLION Shares!

    by lbcb321 Feb 23, 2015 3:44 PM
    lbcb321 lbcb321 Mar 2, 2015 1:05 PM Flag

    The big question is what happened to those 9 million shares? There isn't a new filing from anybody showing they are a new 5% holder. That makes me think that Fife might have wised up on the tax implications for his deal selling the old Helix assets to Sauer. He would have a huge tax liability and worthless shares he couldn't dump. Perhaps he declared the deal void and "gave back" the shares from the Helix deal while he still had time to file an Amended tax return.

    That is what I would have done. I got burned many years ago when I took some Rule 144 shares as payment for some consulting work. Even though I couldn't sell the shares, I had to pay taxes on the value of the shares when they were issued. The shares tanked before I could legally sell them, yet I still had a huge tax bill. Go figure. That would be an amateur move for someone as experienced as Fife to get caught like that.

    This is the accident you just can't turn away from. Now we are all watching to see who the fatalities are and glimpse the gory corpses as we go by.

  • lbcb321 lbcb321 Mar 1, 2015 10:00 PM Flag

    More lies from twisty. Paritz & Company was NOT retained in March of 2015. There is no March 2015 update.

    LMAO! twisty thinks if Paritz has some employees with Asian sounding names then they must be working with ABAT. Quite the stereotype, huh? Come on, twisty... you STILL think it is even a remote possibility much less probability that ABAT can file 14 different 10Q and 10K reports in 30 days?

    WOW... delusional isn't the word for it.

  • Reply to

    SEC DEREGISTERATION OR SUSPENSION

    by fu_lied Feb 27, 2015 8:51 PM
    lbcb321 lbcb321 Mar 1, 2015 9:40 AM Flag

    =don't you think ethically and morally speaking the SEC should come up with a better way to protect shareholders than to simply deregister a company.

    No. That is not their role. It is up to the courts to hold the companies accountable for transgressions. It is up to the SEC to protect the public and not allow tainted shares to be dumped to unsuspecting investors. The problem is the SEC acts in an arbitrary and capricious manner. They need to enforce their own rules and not allow scams to continue for years.

    Miss one filing and have your symbol appended so the public knows you are delinquent. Hey, things happen. You are on the clock to correct the delinquency. Once you miss your second consecutive filing your stock is halted. No more manipulation where trading occurs on nonpublic information. You aren't deregistered at this point, just halted. There is still time for the company to come back into compliance. Once you are delinquent with your second consecutive annual report, you are deregistered. Make it simple and companies would know where they stand and investors wouldn't put money into shady operations.

    I have told you over and over that judges and the SEC do not care about current shareholders. Judges only care about the interests of those in the Class Period for the applicable lawsuit. Those who hold after a company is exposed have their own greedy reasons and let the bottom-fishers beware. You should not be allowed to pawn your worthless shares off on others. The SEC needs to do their job of regulating. They fail miserably and the only way scams like Madoff and ABAT can go on for years after they are exposed is when corruption is rampant and people are being paid off.

    None of you get it. As current shareholders you are asking the civil judges and SEC to help you and that is not their role. You need to file your petitions in the state where the company is chartered if you want to avail yourselves of the many options available to CURRENT shareholders.

  • Reply to

    SEC DEREGISTERATION OR SUSPENSION

    by fu_lied Feb 27, 2015 8:51 PM
    lbcb321 lbcb321 Feb 28, 2015 1:29 PM Flag

    =I am sure the SEC is aware of the circumstances why ABAT has not filed and will accomodate them until the filings are made.

    What makes you SURE of this when you have seen the official position of the SEC in a brief filed in the CBEH case?

    "Even if China Integrated should get all of its delinquent filings submitted before this Court rules on summary disposition, the respondent's securities registration should still be revoked based on its violations of the Exchange Act. In Absolute Potential, Inc., the Commission revoked the registration of the delinquent issuer despite the fact that it became current during summary disposition briefing. It is necessary to deter Absolute and other issuers from disregarding their obligations to present accurate and timely information to the investing public until spurred by the institution of proceedings. Deterrence is meaningful only if a lengthy delinquency, in the absence of strongly compelling circumstances regarding the other Gateway factors, results in revocation."

    ABAT has been delinquent longer than CBEH. According to SEC guidelines they WILL be revoked regardless if they ever file again or not. Just a matter of time. Gee, who should we believe... the delusional ballsy who is SURE the SEC will not act or an official brief from the SEC stating the reasons for violating the law do not matter and a delinquent company needs to be revoked as a deterrent to other companies breaking the law.

    So, ballsy, are you going to pay all these people what they lost when the SEC suspends/revokes ABAT and they get NOTHING instead of around 40 cents? After all... you are SURE the SEC will not act.

    =I have no interest in calling the Sec number you posted.

    Of course you don't. The delusional never like to be confronted with the truth. Ignorance is bliss.

FU
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