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  • Report: #1100808

Complaint Review: Ubiquity Broadcasting Corp

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  • Submitted: Tue, November 19, 2013
  • Updated: Wed, November 20, 2013

  • Reported By: SJhon — Irvine California
Ubiquity Broadcasting Corp
9801 Research Drive Irvine, California USA

Ubiquity Broadcasting Corp This completely lies. Everyone from their financial guy Brenden, chris and his wife coney. They claim to be christians but they are not. Irvine California

*General Comment: I am a private investigator

*UPDATE EX-employee responds: Bogus Postings NOT posted by Robert M Prestwood III

*General Comment: Ubiquity Broadcasting Corp proof stands in Governments Q's and 8K filings.

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This company does not have any products. They lie to investors claiming that they have a logo detection technology that are selling to cisco. This is a lie. They also say that they have a sports technology called SME, but all it is a fake blog website made on word press and they have managed to get investors to put in millions in to this fake company that is run by the carmichael's kids. They all have brand new bmw's that the company pays every month from investors funds. How is this allowed? This people must brought to a stop. They do not have any product to launch. Anyone can call and ask for a real live demo of any of their products: sprocket, sme, weav, logo detection and they will not be able to demonstrate anything. They will just show you a video that shows glass technology that they took from a youtube video from the company 3M. Please be careful with this people. They are fraudsters taking investors money to keep up with their lifestyles. They have never ever launched not even once a technology product.


This report was posted on Ripoff Report on 11/19/2013 09:33 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ubiquity-Broadcasting-Corp/Irvine-California-92618/Ubiquity-Broadcasting-Corp-This-completely-lies-Everyone-from-their-financial-guy-Brende-1100808. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
0Author 3Consumer 0Employee/Owner
Updates & Rebuttals

#1 General Comment

I am a private investigator

AUTHOR: PrivateInvestigatorbrucerobertson - ()

I am a private investigator. I was hired by an investor of the company who became concerned after reading these posts.

I can only confirm that the statements in this post are untrue and the allegations are false. Only it seems that the individuals involved in writing this information hide their identity to avoid prosecution for libel and slander.

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#2 UPDATE EX-employee responds

Bogus Postings NOT posted by Robert M Prestwood III

AUTHOR: Robert M. Prestwood III - ()

I Robert M. Prestwood III California Real Estate Broker # 01027050 have never posted anything negative about anyone on the internet.  It has come to my attention somebody has posted UNTRUE statements about me and my former business partners & friends Chris Carmichael, Al Carmichael and Connie Jordan-Carmichael.  My history with Chris goes back to when we went to college together and later we went on to have 3 very successful businesses together.  I worked for Connie in 2000 and 2001 and while she is a tough/smart business women she paid me extremely well and was very generious and kind to my family.  I have nothing but good things to say about her.

ANY NEGATIVE POSTINGS ABOUT ANYONE WERE NOT FROM THIS Robert M Prestwood III

It appears someone made negative coments to defame all of us and generate litigation between us all.

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#3 General Comment

Ubiquity Broadcasting Corp proof stands in Governments Q's and 8K filings.

AUTHOR: worldwideinvestor - ()

Ubiquity Broadcasting Corporation is not a fake company. You need to read your fully reported Q and K reports which are posted on the internet and are public documents via SEC which covers revenue, assets, and capital.  Obviously if this is a fake company its gonna be really hard to fake millions in assets to the government. Ubiquity is a public company fully reporting and is audited every quarter by the government. They also have to go through the SCC's financial arm FINRA every quarter. When you are a public company you are required to adhere to strict regulations that include government audits. The main companies products are patents. These patents are the crown jewel of the company. In this day of age of technology patents play a crucial role in protecting the products that you make. The patents are the real product. They have had 4 PHD's that have worked on object and logo detection over the year. What I can see Ubiquity's goals are they launch their technologies through businesses by licensing their patents and these businesses who buy the licensing pay for the actual build out of the actual product. As far as I know Cisco has confirmed that the object and logo detection is ready and has been tested from Cisco's own press release. Obviously the person that wrote this is  completely misinformed without any facts. SME is a completely separate corporation and has a website that is active today. Ubiquity Studios which has the latest and greatest technology 4 k and 3d theatre and the latest 4k cameras and projection systems. Ubiquity doesn't need to take cheap videos off the net when they produce major commercials, TV shows, and movies. Their arsenal of products are being launched through major corporations which have distribution that can use the technology and be protected and supported by Ubiquity's patent portfolios . This string of jealous lies is ridiculous. As to taking investors money I noticed that Mr. Carmichael has personally loaned the company millions and is owed over 1,250,000 in salary and puts up a average of 800k a month in credit for Ubiquity. As evidence by the Q  and 8K filings by the government. What I have noticed as an investor is this company has more promise from its assets and capital that has been put into the company to generate revenues. Anyone that reads the erroneous accusations against Ubiquity needs to read the Q and 8k filings put out by the government. This is typical from most fraudsters to hide behind a vail online and deflect the heat but don't ever say their real name online. They can hide behind their fake emails and names but everything is public about Ubiquity you just have to look.

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