KEY INVESTMENT CONSIDERATIONS – • Management committed to uplist stock from Pink Sheets to OTC-BB. • Independent auditors hired to complete historical financials for SEC filing to uplist stock. • Company is currently only moderately unprofitable and revenues are increasing. • CEO sold personal stock holdings in 2005 to fund Company’s working capital needs. • Management has not allowed significant stock dilution in recent years.
MARKETING SLOGAN – “Natural Alternatives To Toxic Chemicals In Agribusiness.”
BUSINESS – Company operates in the rapidly growing bio-chemical sector of the multi-billion dollar agri-chemical industry. USBO was established to develop, manufacture, market, and distribute biological based (bio-degradable, non-carcinogenic, non-toxic) bio-chemical fertilizer, bio-fungicide and bio-insecticide products for both soil and foliage applications. The Company has conducted extensive research and development (the founders have worked for over 15 years in this field) on product formulation and testing.
MARKET OPPORTUNITY – No national brand name currently exists in the bio-chemical fertilizer and related markets. Dominant companies in the fertilizer industry cannot risk damaging existing business by entering the “green” bio-chemical market, since this would highlight the fact that their existing products may be harmful, toxic or carcinogenic.
STRATEGIC BUSINESS PLAN SEGMENTS – Agricultural Crops – commercial farms, greenhouses, etc. Consumer Lawn & Garden – residential homeowners. Professional Lawn Care – landscapers, golf courses, parks, sports playing fields, etc. Trucking Distribution – distribution of Company products and outsourced trucking services.
CURRENT OPERATIONS – Agricultural Crops Segment commenced small scale production in 2005 but has not yet achieved economies of scale or operating profits. Trucking Distribution Segment also began operations in 2005 and is currently cash flow positive and profitable. The Company is seeking to negotiate a licensing agreement with a leading national brand name consumer lawn and garden care products firm (USBO would license its product formulations and possibly manufacture and distribute the products, while the partner would contribute its leading brand name and marketing capabilities). Professional Lawn Care Segment will be last to launch.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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posted
if there was buying pressure this would run 3 mms on ask to .23 2 mms on bid all it needs is some volume and this is easy money!
Posts: 199 | From: beach, sc | Registered: Mar 2006
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I think this is a great opportunity... The Company unfortunately has no sponsorship and has not yet been effective in getting their story out to the investor community... No analyst credit research coverage... If you like the stock too maybe take a position... Perhaps a little volume will bring some attention and new players as well... Best of luck (I am long the stock)...
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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Purl Gurl, thanks for your response (I was beginning to think I am the only investor who follows this stock!)
Unfortunately, I cannot provide financial statements because they have not yet been disclosed at this time. As I mentioned, the Company has hired an independent auditor who is completing the audit of historical financial statements for filing with the SEC as a prelude to filing to uplist to the OTC-BB from the Pink Sheets. Companies typically will not release financials in this situation until the audit is complete and the filings have been made with the SEC. My information regarding segment profitability is from conversations with the Company's IR representative at Phoenix IR Associates, who has provided me with business and operational updates from time to time (but not full finanancial statements).
What is your opinion on the stock and management? Thanks.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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When I heard the CEO Jimmy Joyner speaking about the Company, he struck me as conservative and knowledgeable.
Regarding the CEO,
* He has been in this field many years;
* He sold some of his personal stock holdings to fund the Company's working capital needs when initial sales in 2005 were weak due to heavy rains during the planting season (lower demand for fertilizer and related products); and
* He has not paid stock promoters with significant amounts of stock (in order to prevent dilution to existing shareholders).
HARDLY SIGNS OF A "PUMP-AND-DUMP MANAGEMENT TEAM!
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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posted
I would like to ask Purl Gurl about udsg that stock did real well got over 4$ and then dropped and split it,s down to .20 now anyone know whats up with that one
posted
Veritas, March, April and May charts suggest a normal bottom support of ten cents per share. Currently, USBO is just below that but trying to push upward.
Upward resistance appears around twelve to thirteen cents per share; narrow range. Back in March, USBO did break fifteen for a bit.
I would expect this one to move back to ten cents per share, fairly soon. I know, a close of eleven cents per today but a majority of trading is below that. Volume is a bit on the low side as expected for this size of a company.
A positive point is their trucking subsidairy. This reduces their transportation costs. My assumption, based on last year's news, they are also hiring out their rigs for revenue; no dead head loads.
A negative is they are leasing trucks which add to their operating costs.
Based on last year's filings, they are a small company but displaying modest profits. This is a good point. Release of current financials will lend well to trader decisions.
They are in competition with big companies which is a negative. However, their "green" spin is a positive. Clearly they are running tests on some of their products, such as "rust."
They are located well for distribution of agricultural products along our East region.
USBO might prove to be a small niche company which can be profitable. There is a need for current financials before any true "picture" of this company can be developed.
posted
Thanks, Purl Gurl. I appreciate seeing some intelligent contributions to the conversation.
I plan to talk to the IR representative at Phoenix IR Associates (Tony Drake) later this week and will update this site if I have any additional information on the Company. The key here is to get the audit completed, which is necessary to file for an uplisting to the OTC-BB, which in turn is necessary to raise funding from institutions (which only want to finance audited and fully reporting companies), which in turn is necessary to gain consistent financial market investor interest. So, let's hope the audit is completed in the next few weeks or months at latest.
Veritas
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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A website does not add much to value but the quality of a website provides a hint to how well a company presents itself.
Nice website, well arranged. Only negative I found is a lack of financials! I suspect financials will be forth coming in the near future. My hunch is they are still breakeven to modest profits. I would not be surprised to learn of mild losses. This is in keeping with their current market position and efforts to expand.
posted
Veritas, I am leaning towards buying 50K shares or so. I would like to buy around .07 to .09 per but suspect buys will be close to .10 per.
I think if traders can stay at or below .10 per share, risks of losing money will be minimal. Below .10 per share, a lot better.
This will probably prove to be a long term investment, a year or more, most likely more. Potential is there. This company does seem serious and displays sincere intent to expand.
A wild winner? Doubtful. This one appears to be one of those more safe and sane pink stocks; slow, steady growth.
I enjoy taking a chance on early development companies with potential for growth.
Readers are reminded this is a pink sheet stock which represents very high risks. Potential seems to be there, but you could lose your money. Perform good research, think carefully. If uncomfortable, simply wait and watch.
posted
Pump and dump email, pump and dump faxes, are always a major warning. However, rarely do these originate from the company. Chances are good, if these reports are true, USBO was a victim not a perpetrator. USBO does not fit the profile for a pump and dump company; they seem legit.
Anyone have a copy of the email? Header info? How about websites listing this fraud activity? Sources of information are needed for readers to review on this email scam claim.
posted
The website is what originally caused me to research the Company further, one of the best thought out business plans of any microcap I have seen.
In addition, even though the IR representative is not currently retained by USBO (he was in the recent past), he still takes the time to talk with me and answer any questions. Integrity can be quiet yet speak volumes.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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imakmony2005
unregistered
posted
Purl, It was in the mail, you know post office not email. Hell it is a buy now compared to where they were when i got that mail.lol, good luck.
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Snail Mail Scam! Now that is unusual. We have yet to receive hard copy type scam mail!
Use to receive email scams. I wrote a spam filter, no mas. No active fax machine, so none there although some war dialing fax machine out there hits our number once a week, usually at four in the morning!
I am considering sending back a fax of my big naked butt.
What we do receive a lot of is realtors wanting to buy our rental properties, lots and lots of those. "We pay cash!" Idiots. As if people savvy enough to have income property are stupid enough to be low-balled by realtors.
posted
I am sure there are good companies in Boca Raton. I have yet to find one! Boca Raton is a center for financial crimes. I do not know why. Certainly something about the city which attracts scam artists.
This company, eh, rather shakey. Food service industry usually proves to be a loser. This is a sector which is very rough, very difficult to succeed.
A clue for me is reading so much hype from those "stock pick" sites which are pure pump and dump. The company probably has nothing to do with them but tons of news coming from those sites is not good, not good at all; early scam warning.
I only took a quick glance at udsg and noted right off they are in poor financial condition. Currently, way over-valued.
2005:
Cash $224 Assets $282,114 Liabilities $716,244 Net Loss $901,186 Total Deficit $1,043,538
When I heard the CEO Jimmy Joyner speaking about the Company, he struck me as conservative and knowledgeable.
Regarding the CEO,
* He has been in this field many years;
* He sold some of his personal stock holdings to fund the Company's working capital needs when initial sales in 2005 were weak due to heavy rains during the planting season (lower demand for fertilizer and related products); and
* He has not paid stock promoters with significant amounts of stock (in order to prevent dilution to existing shareholders).
HARDLY SIGNS OF A "PUMP-AND-DUMP MANAGEMENT TEAM!
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imakmony2005,
I would like to post one addition/correction to my statement above which may explain what appears to be a discrepancy. On July 15, 2005 USBO's CEO Jimmy Joyner gave an interview on the Wall Street Reporter (no relation to the Wall Street Journal) website regarding the Company's history, strategy, business plan and recent developments. I do recall this PR interview may have been paid for in shares of stock. The Wall Street Reporter may have sent out "spam" promoting the stock and then sold last summer. This appears to me to be the only time USBO has engaged a PR firm with payment in stock. Perhaps that explains whatever you received?
I am signing off for the evening. Good luck all.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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posted
PCYN - Check out the new posting on Procyon (OTCBB: PCYN) which I listed today. Procyon is a medical products company: CONSISTENTLY PROFITABLE, 7x P/E ratio, GROWING SALES & EARNINGS, AUDITED financial statements and fully reporting to SEC, OCBB listed stock, publicly traded stock for over 10 years.
-------------------- ALWAYS PERFORM YOUR OWN DUE DILIGENCE! - Veritas Posts: 47 | From: NYC | Registered: May 2006
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