Welcome Notaguru. I completely understand your fr
Post# of 4861
I will say this for what it is worth. I invested in UNVC years ago because of the reputation and accomplishments of those involved. As far as we know, all but Dalton remains of the original four managers. Everything we started with has fallen by the wayside, and we are told new ventures have taken their place. The biggest buzz words are thrown around regarding such things as telemedicine, teledoc, telepharma and others. However, no proof has ever been provided. We do know HRI has 204 million in revenue because of a Black Enterprise article, but nothing else. And, we are told it will be combined with Univec Conglomerate at some point in the future --- no timeline provided. PPSI is already a subsidiary of Univec, and no one knows what revenue is produced there (I suspect it could be close to what HRI is making, but no one knows for certain).
I could name other companies that are rumored to be combined with Univec Conglomerate (some say dozen and others say scores), but we have nothing in writing to prove it. IF seems to be the predominant word regarding Univec.
Some claim Dalton has told them secretly he will be speaking at Hope Global, and financials and even up-listing to a higher exchange will be stated while he is there. I certainly hope this is true, because I stand to make a few pennies if it is. However, no paperwork has been filed to our knowledge --- not even the paperwork for a direct listing (an S10 form if my memory serves me correctly).
I can tell you financials are required for a typical up-listing, and then three to four months more for approval (again, in a typical up-listing). We have no idea if the required number of investors are registered (most retail investors are not counted because only the broker is typically listed, and a broker only counts as one no matter how many investors are using that broker). However, in Dalton's defense, he likely does know enough well healed friends if they decided to invest.
So lots of questions, and not a whole lot of answers. The people who claim to have the inside track on what is going on say they are told "privately" and "secretly." These same people scoff at anyone who questions such communications. I suspect any investor one talks to will tell you this does seem more than a little shady.
Finally, we have the threats of legal actions against those who might question anything at all being posted. I say bring it on. The disclosure required will be interesting to say the very least. Specific names will need to be provided indicating who said what and to whom. I am certain you get the drift of what might transpire, and I suggest those pumping their chests and threatening action might want to put a little padding around their back sides --- they will need it when the attorneys crawl up their butts with a microscope.
As for Dalton, does anyone really think he is going to want his life and financial dealings opened up for scrutiny? Dalton is an extremely private man who does his best to keep his life private. And, he has said many times he does not wish to be the public face of the company. So in my opinion, someone else will run the conglomerate if there ever is one. Time will tell. Hopefully, we are not talking about months more or even years.