rodman
2 days ago
White Lion and UEEC continue increasing ownership investment and financing.
Date of Sale
Title of Security Number Sold Consideration Received Purchaser/Recipient
January 2024 Common Stock 600,000 $122,627 in cash White Lion (1)
February 2024 Common Stock 850,000 $164,973 in cash White Lion (1)
March 2024 Common Stock 600,000 $103,625 in cash White Lion
https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=318306575&type=HTML&symbol=UEEC&cdn=1ad91990a3656231d5af5b63e1d6547a&companyName=United+Health+Products+Inc&formType=10-Q&formDescription=General+form+for+quarterly+reports+under+Section+13+or+15%28d%29&dateFiled=2024-05-09
$5-$10+
ITYS
2 days ago
Dec 31,2023 YE
ITEM 3. LEGAL PROCEEDINGS
None.
During the year ended December 31, 2023, the Company made the remaining payments owed on the civil penalty and paid $7,638 of post-judgement interest. As of December 31, 2023 the accrued litigation settlement balance was $0.
ALL IN RECENT FINANCIALS...just saying
Someone needs to get outta the DARKNESS OF HOLLYWOOD
shoondale
2 days ago
"FIRST CLAIM FOR RELIEF
Violations of Exchange Act Section IO(b) and Rule 10b-5 Thereunder
(UHP and Beplate)
SECOND CLAIM FOR RELIEF
Violations of Exchange Act Section I0(b) and Rules IOb-S(a) and (c) Thereunder
(Schiliro)
THIRD CLAIM FOR RELIEF
Aiding and Abetting Violations of Exchange Act Section lO(b) and Rule 10b-5(b)
(Schiliro)
FOURTH CLAIM FOR RELIEF
Violations of Securities Act Section 17(a)
(All Defendants)
FIFTH CLAIM FOR RELIEF
Violations of Exchange Act Section 13(a), 13(b)(2)(A) and 13(b)(2)(B)
of the Exchange Act and Rules 12b-20, 13a-1 and 13a-13 Thereunder
(UHP)
SIXTH CLAIM FOR RELIEF
Aiding and Abetting Violations of Exchange Act Section 13(a),
13(b)(2)(A), 13(b)2)B), and Rules 12b-20, 13a-1 and 13a-13
(Beplate and Schiliro)
SEVENTH CLAIM FOR RELIEF
Violation of Section 13(b)(5) of the Exchange Act and Exchange Act Rule 13b2-1
(Beplate and Schiliro)
EIGHTH CLAIM FOR RELIEF
Violations of Exchange Act Section 13(a) and Rule 13a-14 Thereunder
(Beplate)
NINTH CLAIM FOR RELIEF
Violations of Rule 13b2-2 of the Exchange Act
(Beplate and Schiliro)
TENTH CLAIM FOR RELIEF
Violations of Sarbanes-Oxley Act Section 304(a)
(Beplate)
ELEVENTH CLAIM FOR RELIEF
Violations of Exchange Act Section 16(a) and Rule 16a-3 Thereunder
(Beplate)"
https://www.sec.gov/files/litigation/complaints/2022/comp25413.pdf
Waverunners
4 days ago
GetRch, interesting that you’re lecturing on patience now. The posts relating to future PRs by Pragmatic and I are clear statements of how the PMA timeline works. And could (should in my opinion) result in a PR.
BTW, where was your patience in March when you wrote:
“8 weeks to review sterilization data and submit is plenty long enough to have given a further update. This tells me that either they submitted and have big news coming, but are fearful of leaks so don't want another PR, or they are clueless on what to do next and are fumbling around looking for a Doug-like expert to bail them out.
Enough is enough Brian - Finish the Deal!”
OR Dec 2023:
“11 weeks is MORE THAN ENOUGH TIME to complete those tests. From the companies I've run, and my experience, If I was Thom, I would be sleeping at the test facility, right next to the testing team and the owners working daily to get this done well, ASAP.
I get "wait and see for shareholders." The wait and see by Thom while the test facility F#*^S around is INEXCUSABLE. Take some ownership and walk the test facility across the finish line.”
GetRch$lwly
4 days ago
As I've stated before. UEEC has zero reason to update shareholders or issue a PR until there is something to actually write about. They are not going to spend money having a PR written that states "Still waiting on the FDA." We must be patient. Patient that the process is executing as it should. That UEEC is providing answers to any questions the FDA may have. That the FDA is following their process, doing site visits as needed, etc.
There is zero benefit for Brian or anyone else at this company to hide information, or slow play this. It's very clear, the eggs are all in one basket . . . getting FDA approval.
Let's all have a bit more patience, and fingers crossed for some good news as soon as the news is actually news and not just rumors or speculation.
shoondale
1 week ago
👍️SEC👍️ Charges Rhode Island Stock Promoter with Microcap Fraud
https://www.sec.gov/litigation/litreleases/lr-25993
The companies in question are SOLY, CNSP, EBET, VLCN, TOBAF
The Securities and Exchange Commission today announced charges against Cranston, Rhode Island resident Ahmed Alomari and MCM Consulting, the entity Alomari controls, for fraud and other securities law violations related to their promotion of the stocks of at least five microcap issuers.
The SEC alleges that from at least March 2019 and continuing to February 2022, Alomari used such outlets as Twitter, Instagram, Facebook, investor chatrooms, and text blasts to promote these microcap stocks without disclosing the source or amount of compensation he received from, or on behalf of, the issuers for his promotion of their stocks. The SEC further alleges that Alomari personally invested in some of these issuers' securities, then surreptitiously sold the stocks while publicly recommending that investors buy them. This conduct included two initial public offerings in which Alomari allegedly invested and quickly sold all his shares for at least $1.4 million in profits. According to the SEC's complaint, Alomari also was able to publicly sell shares he had earned from his promotional services based on false representation letters confirming that the shares were available for public trading. The SEC alleges that Alomari directed his wife, whom he named as the sole officer of MCM Consulting, to sign the false representation letters.
The SEC's complaint, filed in the U.S. District Court for the District of Rhode Island, charges Alomari and MCM Consulting with violating the anti-fraud provisions of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, the anti-touting provisions of Section 17(b) of the Securities Act, which prohibit promotion of a security without disclosure of compensation received for the promotional activity, and the registration provisions of Section 5(a) and (c) of the Securities Act. The SEC's complaint additionally charges Alomari with violating Section 20(b) of the Exchange Act by violating the anti-fraud provisions through or by means of his wife. The complaint seeks, as to both Alomari and MCM Consulting, permanent injunctions from violating the charged provisions of the federal securities laws, disgorgement, prejudgment interest, civil monetary penalties, and a penny stock bar. The complaint also seeks a bar against Alomari from acting as an officer or director of a public company.
The SEC's case is being handled by Richard Harper, Jeffrey Cook, Alexandra Lavin, Jonathan Menitove, Ryan Murphy, and Celia Moore of the SEC's Boston Regional Office.
Waverunners
1 week ago
Pragmatic, another accurate post re the current state of the PMA and where it stands with the FDA. Thank You, Hopefully UHP updates Shareholders in a timely manner.
If/when they announce if the FDA has agreed to File the application, Hemostyp will then (and only then) move on to the full review stage.
Typically UHP is quick with positive news, and vague with negative news. We’ll see what happens this time around.
Here’s a quote from the last time Hemostyp got to this stage successfully.
May 5,2021,— yes 3 years ago.
“following the resubmission of its application for Pre-market Approval for HemoStyp gauze on April 6th, the FDA has now accepted for review and commenced its Substantive Review of the application.”
Hopefully there are no resubmissions required this time around. As in that case, the original was submitted Oct 2020.