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FAB Universal Corp. Common Stoc Message Board

lbcb321 230 posts  |  Last Activity: Apr 30, 2015 4:08 PM Member since: Jun 4, 2010
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  • lbcb321 lbcb321 Feb 5, 2015 1:04 PM Flag

    We had -22 this morning. 100 degrees colder than where I have been spending a lot of time lately... wink, wink.

    I haven't used the same laborers for more than one project at the new compound. Bringing in supplies a little bit at a time. Making a lot of progress, but a lot more to do. You would find the details interesting, but sometimes discretion is the better part of valor.

    Life is good when you aren't delusional and sit on dead stocks for years. I'll bet agacles is still under his bed sucking his thumb in the fetal position and lamenting how flywheels would rule the world by now if it wasn't for "Ted".

    I don't think I would ever go as far as renouncing my citizenship, but I can watch the end-game play out from safer shores if and when it ever becomes necessary.

  • lbcb321 lbcb321 Feb 5, 2015 2:35 PM Flag

    =Must be the # of shares you are trying to buy.

    Perhaps it is a broker that doesn't want to get sued. It is illegal to allow your clients to buy "inappropriate investments". When I hear of these people who bought this for their IRAs it makes me sick. Their broker should be sued.

    josephfrank is just a lost cause. He is also buying CSGH that trades sub-penny. ibn8n AKA dreamcrusher, kc79acres etc. and more of the delusional here own that loser. It is another fraud that only exists to pad the books for other companies.

    I wonder which will be revoked first... ABAT or CSGH. Wouldn't it be hilarious if it happened for both in the same enforcement action.

  • lbcb321 lbcb321 Feb 5, 2015 2:52 PM Flag

    = It's called manipulation.

    You are an absolute idiot that doesn't understand the concept of what a Market Maker is or does. No MM wants to hold inventory of this. They know it will go poof one day and their inventory will be wiped out. All they do is match buyers and sellers. If they can't... the spread will be high to account for their extreme risk. That is why you have seen buys for .50 and sales for .35 when the volume was higher. The spread has been around 5 cents for these lower volumes.

    Do you really not understand the concept of a Bid and Ask? How do you think the MM makes their money? Read your agreement with your broker. I will bet you there is a disclaimer saying they do not guarantee best price fills on OTC stocks.

    You claimed to buy hundreds of thousands of shares in the .50s and higher. How many more shares do you want? If you put in an order to buy 100K at .50, I will put in an order to short 100K at .48. The MM will match us and we will both be happy. Deal?

  • Reply to

    LBCB321, PATHOLOGICAL LIAR

    by apple03051990 Feb 4, 2015 11:37 PM
    lbcb321 lbcb321 Feb 5, 2015 3:48 PM Flag

    =I made the post for my father as his id is not currently working on this board

    Wow... just WOW. Seek help.

    =he has been deleting a lot of his old posts so that you could not continue to stalk him.

    LMAO! I have exposed your lies and don't "stalk" you. Once more... seek help.

    I also busted you the day you claimed to sell at the high of day. NOBODY sold at the exact high of day. You need to learn how the Bid and Ask work and what "the spread" is before you lie about your trading. It was especially hilarious how you were buying for many dollars yet sold half your shares at $1.10 and $1.00 and "broke even".

    You have some serious mental issues. Most people disappear when they are exposed to be a liar. You are just as mentally ill as qdog since you both cling to your delusions even though your lies are PROVEN and can be verified by your own posts.

  • apple was begging to average down to $3 so he could break even:

    apple072458 • Jul 17, 2014 7:53 PM Flag
    Now, unless some negative info comes out before it re-opens, if it opens low (like in the 2's or high 1's) because there is a rush for the exits I will gladly buy more on the cheap and try get my average cost below 3. If I can do that I am pretty confident that I will break even or better.

    Confirmed by this post:

    apple072458 • Aug 2, 2014 7:07 PM Flag
    Just to set the record straight. I own 5500 shares of FAB most purchased in November 2013 average cost 3.70.

    Then he claimed this:

    I sold a little over half my position, some for $1.10 some for $1.00. Felt bad doing it but I was stuck with a lot more shares than I ever planned on owning. right now I own 2,500 shares and I am pretty much break even.

    So what's wrong with this picture? Explain how you have 5500 shares at an average cost of $3.70... sold 3000 of them for $1.10 and $1.00... and "am pretty much break even".

    Seek help.

  • Reply to

    Algomezus

    by sitting_like_ducks Feb 5, 2015 12:07 PM
    lbcb321 lbcb321 Feb 6, 2015 10:59 AM Flag

    =If they don't report, 17 cents is still too high to average down.

    Wow... you REALLY think they will catch up with the SEC by March 31st? You really think they can make 14 filings in 53 days? Yeah, right.

    10-Q for 3rd quarter 2011
    10-K for 2011
    10-Q for 1st quarter of 2012
    10-Q for 2nd quarter of 2012
    10-Q for 3rd quarter 2012
    10-K for 2012
    10-Q for 1st quarter of 2013
    10-Q for 2nd quarter of 2013
    10-Q for 3rd quarter 2013
    10-K for 2013
    10-Q for 1st quarter of 2014
    10-Q for 2nd quarter of 2014
    10-Q for 3rd quarter 2014
    10-K for 2014

    Besides these 14 filings that would cost many millions of dollars IF they intended on completing them, they also owe the SEC dozens of 8-Ks on MANDATORY 8-K triggering events.

    Keep dreaming. They came out with one last pump & dump campaign so friends and family could sell their remaining shares and they are gone. The volume is down to nothing. Let's hear you go on the record that you believe they will complete 14 REQUIRED filings in the next 53 days.

  • Reply to

    Used my P winnings and shorted good already up $3

    by ditzil Feb 6, 2015 3:55 PM
    lbcb321 lbcb321 Feb 7, 2015 5:15 AM Flag

    Yet more PROOF you are lying and only a paper-trader. You could NOT have used your "P winnings and shorted good(sic)". I assume you mean GOOG, but you must be drunk again. Your broker would not allow you to cover the one short and initiate another one with those proceeds within hours. There is a little something called the "settlement period" that paper-traders always neglect to account for, but REAL traders are well aware of. The settlement date is usually 3 days from the trade execution date.

  • Reply to

    WARNING ABOUT POSTER LBCB321

    by apple072458 Feb 7, 2015 4:54 AM
    lbcb321 lbcb321 Feb 7, 2015 6:20 AM Flag

    So, apple... have I ever once posted out of the blue about you or have ALL my posts regarding you been a REPLY to some lie or misinformation you have spewed? That speaks to the "stalking" nonsense from you. Those who live in glass houses shouldn't throw stones.

    I gave you "the last word" you wanted so badly. You are mentally ill and I was only too happy to provide it for you if it would help in your therapy. I gave you the opportunity to slink away as the winner in your mind. You are so mentally ill that this wasn't good enough for you. You had to continue to post out of the blue about me (stalk) since I have proven so many lies from you. You have called me a liar once more, yet you haven't documented a single lie. Why is this?

    I wish you the best in the rest of your life, but I hope you will understand and learn from it that when you are a liar and a conman... don't be surprised when somebody calls you out on it.

    You win, apple. You are an awesome dude and you decimated me. Will you take your victory and move on since you claim... "Anyone associated with this company or this board is a liar, a moron, a criminal or all three." We are all liars, morons and criminals so it would be beneath you to waste your time here anymore. Buh-bye.

  • Reply to

    Algomezus

    by sitting_like_ducks Feb 5, 2015 12:07 PM
    lbcb321 lbcb321 Feb 9, 2015 8:11 AM Flag

    =I believe they will report audited statements

    It was October 20th when they hired Paritz and subsequently announced they had "plans" to become fully reporting. So in 112 days they have filed ZERO reports and you still believe they will be able to file FOURTEEN of them in the next 50 days.

    Tell me how that doesn't qualify as delusional. It ain't happenin'!

  • Reply to

    WARNING ABOUT POSTER LBCB321

    by apple072458 Feb 7, 2015 4:54 AM
    lbcb321 lbcb321 Feb 9, 2015 8:28 AM Flag

    =And if everything he warned about fab was factually correct, then he has even more to atone for, because his warnings fell on deaf ears due to his hatred and arrogance.

    LMAO! I reiterate that you are a failed investor because you think motives change facts and you only listen to people who agree with you. YOU are the one who made "it" about ME. It never was and it never will be. It is all about THE INFORMATION. Either it can be verified or it cannot. You never bothered to verify the information because you didn't like my posting style. You seriously can't see how ludicrous that is?

    =So not only did he personally offend and abuse me in every possible way, he probably indirectly also contributed to my additional financial losses.

    Hoo Boy! You sure showed me! You threw good money after bad to get back at me? Wow. Just WOW!

    Seek help.

  • Reply to

    Financials

    by justice_47 Feb 9, 2015 8:55 AM
    lbcb321 lbcb321 Feb 9, 2015 12:04 PM Flag

    = the company expects to provide complete financial reports in the first quarter of 2015.

    LOL! The excuses are already beginning. COMPLETE means AUDITED financials:

    "Mr. Zhiguo #$%$, Chairman and CEO of Advanced Battery Technologies, commented, "We are pleased to retain Paritz & Company, P.A. to audit the financial statements from 2011 to 2014 and we are determined to become fully compliant with SEC reporting rules."

    They have not mentioned an INTERNAL report or a PARTIAL report. They can't become "fully compliant with SEC reporting rules" with anything other than AUDITED financials so your statement is nonsense.

    So who wants to answer the question today? NOBODY has been able to provide an answer. twisty just keeps burying his head in the sand and posts old information instead of answering it.

    If ABAT truly wishes "we look forward to reporting solid operational and financial results to our shareholders", then why don't they IMMEDIATELY release all SAIC and SAT reports? They already have them as China would not allow them to be delinquent for years. Why all this talk of spending millions of dollars to inform shareholders of their financial condition when they could do so just by taking a few moments to scan their SAIC and SAT filings into PDF documents and post them online.

    So WHO is going to answer this today? If you can't answer this then you have no business owning this stock.

  • Reply to

    WARNING ABOUT POSTER LBCB321

    by apple072458 Feb 7, 2015 4:54 AM
    lbcb321 lbcb321 Feb 9, 2015 12:58 PM Flag

    =To this date you have not presented a single verified fact other than the bond that the company had already admitted to.

    And that, folks, is the supporting documentation for your mental illness. Your denial is great even though you have seen the documented proof of many things.

    They also lied about their deployed kiosk count. They gave the exact same number of deployed kiosks about 2 years apart yet said deployments were still "brisk" to use their exact word. This is, of course, an impossibility so it proves another blatant lie. I gave all of the exact quotes and where to verify them for yourself. I also gave their exact description of their "intelligent media kiosks" and compared it to the description from their internal report which confirmed it was a lie and the deployed kiosks had no such capabilities. I also showed that they originally said the report would be an INDEPENDENT one and they later changed it to an INTERNAL one after reading it. All of these are PROVEN FACTS and I provided the verifiable, supporting documentation.

    I also showed that they didn't change the amount ($60M?) they claimed for Goodwill. That is a proven fallacy as they stated unequivocally that they reviewed this and did not feel the need to adjust it. That is actionable, also, as it doesn't take a rocket scientist to see that their Goodwill had imploded with their stock price and the proven allegations.

    How about the building deposit? What happened to the Longguan deposit? I also proved from their own filings they never received this money back even though the BOD requested it January 7, 2014. Who gives away that many millions of dollars to express an interest in a building and doesn't have the funds properly escrowed to ensure the return of it? More PROOF of financial malfeasance and a lack of proper fiduciary duty and oversight by all involved.

    I could go on and on as there were many, many things I PROVED with exact quotes from publicly available documents. You lose.

  • Reply to

    Financials

    by justice_47 Feb 9, 2015 8:55 AM
    lbcb321 lbcb321 Feb 9, 2015 1:23 PM Flag

    =Every year they have to hand over their "Certificate of Tax Completion" to the Chinese State Administration of Taxation(SAT).

    Okay. So who here doesn't want to see how much they are REALLY paying in taxes in China and what they are claiming their revenue and income is?

    Anything is better than nothing. Your nonsense does not address the question of why they don't release all SAIC and SAT reports if their intention is to provide transparency to the shareholders?

  • Reply to

    WARNING ABOUT POSTER LBCB321

    by apple072458 Feb 7, 2015 4:54 AM
    lbcb321 lbcb321 Feb 9, 2015 4:19 PM Flag

    =None of this is proof of anything,

    LOL! It's proof of your denial and lack of any semblance of objectivity.

    Riddle me this... why is the market cap miniscule when they are claiming to have $100M of cash if there is no PROOF that this is an utter and complete sham?

    Fools like you think a "basher" can affect the stock price of a public company to a great extent. Nope. There are plenty of dispassionate investors who look for value and don't develop personal attachments to companies. Not a single institutional investor or wealthy individual investor with the ability to do first-hand research in China feels there is value here. You are so obsessed with ME that this FACT escapes you.

    FAB Universal wasn't (isn't) a losing proposition because Carnes, Geoinvesting or I said so. It is not investment-grade because of what FACTS can be verified and what the company has FAILED to verify even though it should have been readily available information. You continue to get hung up on the players when it is the INFORMATION that is important. That is why you don't have what it takes to be an individual investor and should turn what is left of your money over to a professional.

    I especially liked this one:

    "So not only did he personally offend and abuse me in every possible way, he probably indirectly also contributed to my additional financial losses."

    OMG!

  • Reply to

    things you should not do at any time

    by knowshitsurelock Feb 8, 2015 6:26 AM
    lbcb321 lbcb321 Feb 10, 2015 12:38 PM Flag

    =Are these warnings or subtle instructions

    DOH!

    Your cover is blown. The jig is up. Run, Secret Squirrel, Run!

  • Reply to

    Another Hour Passes

    by sitting_like_ducks Feb 10, 2015 11:52 AM
    lbcb321 lbcb321 Feb 10, 2015 2:37 PM Flag

    Let's hear you chime in, ballsy. Are you delusional enough to believe ABAT will file an average of 2 audited quarterly reports a WEEK for the next SEVEN WEEKS? That is what it would take.

    Not likely a Top 4 firm could pull it off. IMPOSSIBLE for Paritz to accomplish this.

    It ain't just a river in Egypt , folks. This is a train wreck in progress and you have a front-row seat to observe it.

  • Reply to

    News Release 02-10-15

    by rock2gold56 Feb 10, 2015 4:54 PM
    lbcb321 lbcb321 Feb 10, 2015 5:28 PM Flag

    =So what does this all mean?

    It means you were taken.

    The confirmation the company was abandoned is not relevant. All but the most delusional already understood this. What is relevant is all of the nonpublic information including clear MATERIAL NEWS that was not promptly disclosed in a Reg FD-compliant manner and all the trading that occurred based on this nonpublic information.

    What it means is we now have confirmation that Jim Rogers is a huge weasel and as sleazy as they come. "James Rodgers(should be Rogers), Jr. informed the Company that the one-year contract pursuant to which he served on the Board expired in June 2014 and that since he had not renewed the contract he was no longer a member of the Board as of June 2014." How convenient. He failed in his LEGAL REQUIREMENTS to act in a fiduciary manner towards shareholders in the period of time he was on the BOD and then claimed he was not responsible after the fact. This is a clear violation of all legal and ethical tenets to not immediately announce leaving the BOD.

    Oh yeah... the obvious things:

    "Chairman Zhang Hongcheng has been detained and that an investigation regarding his conduct had proceeded to the second of three stages, in which the prosecutor determines whether to go forward with charges. The Board is informed that the potential charge against Chairman Zhang is illegally obtaining funds from the public."

    No surprise there.

    "The Company's business in China appears to be abandoned."

    Thank you Captain Obvious. Now who told you that months ago?

    Remember Joe's big thing that since Rogers hadn't left, he was good with FAB? Hey, Joe... I hope you sue Jim Rogers and the other BOD members who did not act in a fiduciary manner and shirked their oversight duties. For Jim Rogers to come in after the fact and say he wasn't a BOD member since June of 2014 when he failed to speak up at the time is inexcusable. You harmed a lot of good people, James Rodgers, Jr. How do you sleep at night?

  • lbcb321 by lbcb321 Feb 10, 2015 5:39 PM Flag

    Go read the latest news from FAB Universal (FABU).

    "Chairman Zhang Hongcheng has been detained and that an investigation regarding his conduct had proceeded to the second of three stages, in which the prosecutor determines whether to go forward with charges. The Board is informed that the potential charge against Chairman Zhang is illegally obtaining funds from the public."

    No surprise there.

    "The Company's business in China appears to be abandoned."

    Thank you Captain Obvious. Now who told you that months ago?

    You will be able to just change some names and use the same PR for ABAT. LOL... hey, they already did that once when they plagiarized the HPJ PR including claiming quotes from the HPJ CTO were made by Foo.

    They are finally cleaning up some of the fraud in China. Foo and his son should be very, very afraid. No wonder they shut down Dongguan (and Wuxi according to another poster who wouldn't reveal his source, but he left the board). They will try to slink away now. Beware The Wreath, good Chairman. What comes around goes around.

  • Reply to

    Ibcb now what?

    by roccjewletta58 Feb 10, 2015 8:43 PM
    lbcb321 lbcb321 Feb 10, 2015 10:02 PM Flag

    I believe their best option is to declare the merger void and say it was done on a fraudulent basis. They will shed the assets that were questionable anyway, but also shed the liability going forward. I said they should do this many months ago and you would see a higher share price than where it is now.

    I don't think it can happen now. I am afraid what will happen now is a 99% chance of bankruptcy because of the liability issues (read the press release carefully regarding judgments) and shareholders will be wiped out. Spencer and Busshaus have probably been shopping for months for the financing angel that will swoop in during BK and buy up whatever assets are remaining minus the liabilities and shareholders.

  • Reply to

    Lets look at lbcb321 track record

    by ibn8n Feb 11, 2015 6:22 AM
    lbcb321 lbcb321 Feb 11, 2015 9:10 AM Flag

    =He missed the move in CBAK from .70 too 5.00 Told me when it was .70 it was being de-listed and would be bankrupt.

    LOL! They did EXACTLY what I said they would do. They did a CHINESE BANKRUPTCY exactly as I described. They got a "loan" for all the assets which they had no ability or intent on repaying. All of the BAK International assets were foreclosed on and they are left with nothing. Only people left there are the ones too stupid to comprehend the assets are gone.

    I TRIPLED my money on December Puts. Broke even on Aug and lost a little on Sep. It is amazing to me you talk about a failed call on CBAK when I made a lot of money on them with shorting and Puts. I have MANY CBAK trades posted here contemporaneously where I made a ton of money.

    =He missed the huge rally in the Shanghai stock index from 1900 too 3400

    LMAO! I'm not stupid enough to place a bet on a Chinese Exchange Index.

    =Said ABAT was a fake Co. it isn't

    Show me the post! I have NEVER said ABAT was a fake company. I have ALWAYS said the assets were real, but it was irrelevant as the US holding company was abandoned. You keep making up lies, but you never back them up.

    It is easy to count your aliases with your "ratings". I just laugh every time I imagine you guys furiously switching IDs to rate your own posts. Pssst... there aren't even 11 different people that read this board.

    The pumpers know I hit home with showing the ABAT and Foo similarities to other companies that are being dealt with. It just didn't make sense for ABAT to shut down their new factory with no plans for the future. Something is up. I think Foo and son are on the run. Prove me wrong.

FU
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