ITEM 4.01 CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT
(a) On April 15, 2015, Ubiquity, Inc. (the “Company”) accepted the resignation of KLJ & Associates, LLP (“KLJ”) from their engagement to be the independent certifying accountant for the Company.
KLJ did not issue an Auditors’ Report for the fiscal year ended December 31, 2013 and did not issue an Auditors’ Report to be relied upon for the fiscal year ended December 31, 2014, as discussed in further detail under Item 4.02.
During KLJ’s audit of the Company’s 2014 fiscal year and through the date of this Current Report on Form 8-K, there were the following disagreements with KLJ: (1) the valuation of certain intangible assets from the beginning of the fiscal 2014 through the year then ended; and (2) the filing of the Form 10-K for the fiscal year ended December 31, 2014 prior to receiving KLJ’s consent (see Item 4.02). Except as discussed above in terms of the valuation of intangible assets and such effects on the 2013 and 2014 fiscal years, and the inappropriate filing of the 2014 Form 10-K, there were no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
the naive people who haven't known that they issued 1 Billion shares to dump.
Totally a criminal scam.
The shareholders have lost Huge money. lol!
These Scammers are trying hard to pump it in Order to Dump their 1 Billion worthless shares to the naive people.
This company has Nothing at all, but $30 million losses!!!! No cash, No revenue!
"CCCR "CEO", Huichin Qin, criminal charges for transfering approximately $1.1 million from a Company bank account to his personal bank account (the "Transfer"), as well as his subsequent detention by Chinese governmental authorities."
What a Fraud! Crashing to $0.05 if not lower.
Stock Price (Aladdin Purchase Price) Shares Issued Percentage of
$0.125 ($0.0625) +25% 80,000,000 56.6 %
$0.10 ($0.05) 100,000,000 61.9 %
$0.075 ($0.0375) – 25% 133,333,333 68.4 %
$0.05 ($0.025) – 50% 200,000,000 76.5 %
$0.025 ($0.0125) – 75% 400,000,000 86.7 %
It's been a pump and dump Scam for years.
Just wait and see it.
No! Absolutely impossible !!! You're day-dreaming!
Never seen any BK was cancelled, but all BK shares will be Cancelled.
Those old bagholders are trying to dump to the new bagholders by Pumping!
It's just some pumpers here who are saying EC, in Order to Dump their worthless shares to the naive people. While no EC at all !!!
Again, All shares are worthless and will be Cancelled in the BK, definitely!
Go check its latest 10-K financial, you'll find what a POS it is!
Cash: $2k, Loss: $9.8 M. OS: 341 Million shares with market values: $30 m, for What ???
Totally a pump and dump Scam.
New bagholders coming!
Go read its 10K, page. 24,
It's been diluting year by year!!!
Totally a Scam!!!
Holding tight for Bigger gains!
This is a Fraud.
Yesterday, thanks to an anonymous source, I found out that the CEO of “3D Printing” startup Changing Technologies (CHGT) was previously charged with fraud and breach of contract.
If you check the Harris County Court Docket #200847398, FIDELITY BANK vs. DURHAM, OMAR (INDIVIDUALLY AND DBA MINDS (Court 061), you will see that Fidelity Band was granted a default judgment in the amount of $285,000 plus accrued interest. Omar and his wife apparently had a daycare center called “Minds”, on which they took out a loan. They failed to pay the loan back, and left everyone hanging, from the parents to the bank. Omar and his wife eventually declared (Chapter 7) bankruptcy. This isn’t the most promising sign of a competent CEO. But who is Changing Technologies anyway?
First of all, I know most people probably haven’t been following this story. But I’ve been investigating this suspicious looking 3D printing company since November of 2014. The reason they caught my attention was because 3DPI wanted to take a look at the overly fluffy nature of their press releases.
Basically, every new release contained a 3D printing industry headline like “HP’s Entry into 3D Printing Signals Mainstream Acceptance, Gives Momentum to CHGT’s Upcoming 3D On-Demand Retail Portal.” It would also have an unusually generic comment about industry forecasts from their CEO Omar T. Durham. For example, the HP press release had this quote: “Thanks to HP’s massive global reach we now have a giant spotlight on the 3D printing industry, which is good news for the rest of us already in the space, and the arrival of a major technology company means mainstream acceptance by consumers, which positively affects CHGT and our 3-D on-demand retail portal currently in development.” More or less, the company was usurping actual headlines and linking them with hyperbolic stretches to giant legacy corporations, like Hewlett Packard. Clever, but I’m still astonished that something like this generates investor interest and cash for the company.
Those who bought at $0.003-0.004 are very happy to Dump to you, the new bagholders, LOL!
Go check its financial (10-Q), you'll find it.
Just think it over Why it went down to $0.003 !!!
PPCH is totally a Pump and Dump SCAM !