OTC Markets Sets the trading rules - - State of MD Licenses the business. If you strip away the outside narratives and the CEO's personal brand, you are left with a company that, on paper, has very little active business operations generating verifiable revenue.
Management knows that retail investors often "buy the person, not the stock." By saying "it's not in my DNA, to fail," has kept investors focused on his Ambition.
The Pure UNVC Data
Share Structure 1.25 Billion Float (Highly Diluted) UNVC, Historically has settled portions of its debt by issuing shares. This directly correlates to the 2.52 billion shares outstanding, Each conversion increases supply, which mathematically places downward pressure on the stock price.
Liabilities $17.7 Million (Legacy Debt)
Accountant CPA License-Revoked (Richard Blickstein) If the preparer is not in good standing with a State Board of Accountancy, an attorney may find it legally impossible to sign a letter stating that the financial information is "reliable" and "prepared in accordance with GAAP."https://www.pals.pa.gov/#!/page/search
Legal Status Forfeited (Since 2007) In a forfeited state (since 2007), the company cannot legally borrow money from a bank or enter into a legitimate joint venture to fund any type healthcare business.
https://businessexpress.maryland.gov/search?q...gsc.page=1
Attorney Letter Empty (As of April 21) For a December 31 fiscal year-end, OTC guidelines require annual disclosures and, if unaudited, an attorney opinion letter within 120 days--placing the deadline at April 30.
April 21st, no updated attorney letter has been publicly posted. If that remains the case past the deadline, the company risks losing “Current Information” status, which may impact quoting eligibility under SEC Rule 15c2-11.
Disclaimer: I am not a financial advisor. This is not financial advice. I may hold a position in this stock. All statements are my opinion based on publicly available information.
PL
Management knows that retail investors often "buy the person, not the stock." By saying "it's not in my DNA, to fail," has kept investors focused on his Ambition.
The Pure UNVC Data
Share Structure 1.25 Billion Float (Highly Diluted) UNVC, Historically has settled portions of its debt by issuing shares. This directly correlates to the 2.52 billion shares outstanding, Each conversion increases supply, which mathematically places downward pressure on the stock price.
Liabilities $17.7 Million (Legacy Debt)
Accountant CPA License-Revoked (Richard Blickstein) If the preparer is not in good standing with a State Board of Accountancy, an attorney may find it legally impossible to sign a letter stating that the financial information is "reliable" and "prepared in accordance with GAAP."https://www.pals.pa.gov/#!/page/search
Legal Status Forfeited (Since 2007) In a forfeited state (since 2007), the company cannot legally borrow money from a bank or enter into a legitimate joint venture to fund any type healthcare business.
https://businessexpress.maryland.gov/search?q...gsc.page=1
Attorney Letter Empty (As of April 21) For a December 31 fiscal year-end, OTC guidelines require annual disclosures and, if unaudited, an attorney opinion letter within 120 days--placing the deadline at April 30.
April 21st, no updated attorney letter has been publicly posted. If that remains the case past the deadline, the company risks losing “Current Information” status, which may impact quoting eligibility under SEC Rule 15c2-11.
Disclaimer: I am not a financial advisor. This is not financial advice. I may hold a position in this stock. All statements are my opinion based on publicly available information.
PL
