pennystock_es
5月前
What I’m trying to understand is what this actually means in practical terms.
If the revocation was dismissed because of the Form 15, does that make it easier for the company to come back to trading, or does it simply mean the real value here is in selling the shell as-is
Because honestly, URBF’s structure is pretty solid: active ticker, prior reporting history, and no final revocation on record. In the OTC world, that alone can have value.
And another angle:
If there were old positions still open (market makers, internalizers, etc.), wouldn’t this potentially create a serious problem for them if they ever had to close out
Not saying that’s the case, but the scenario is definitely interesting.
12yearplan
5月前
Can't answer your question other than no activity on that front but interesting a chat bot found this:
🟡 Recent (2025) Media Coverage Suggests Active Produce Trial
There is one recent (2025) commercial mention of Urban Barns produce being tested in retail stores:
Sobeys Quebec has signed a deal to test-market Urban Barns produce (organic lettuce, herbs, microgreens) in six IGA grocery stores in the Montreal/Laurentians region for an initial three-month trial. This involves local indoor-grown produce delivered to consumers via established retail outlets.
Canadian Grocer
⚠️ This is not a corporate press release from Urban Barns itself, but coverage of a distribution/trial activity that appears current — indicating some continuing real-world produce sales or trials.
Again, not answering your question but confirmation no activity:
🟢 Bottom Line
Yes — there is contemporary business activity in the form of local retail trials of Urban Barns produce in Quebec, indicating that the company or its products are still reaching market channels.
Canadian Grocer
But at the same time:
There are no modern corporate filings, growth disclosures, revenue figures, or formal investor communications.
The public trading status remains essentially dormant.
This makes assessing the full scope of operations difficult from publicly available sources.
pennystock_es
5月前
URBF – Question for the board: could the old management legally bring this back?
URBF was officially revoked by the SEC in 2021 under Section 12(j), so the ticker is basically dead from a regulatory standpoint. No filings, no operations, no active business, nothing.
But here’s the question I’m throwing out to the board:
If the original Canadian company still exists privately, could the former management restore the corporation and try to re-register it with the SEC?
Not talking about “reactivating the ticker” (that’s impossible after a 12(j) revocation), but about the company itself coming back and eventually applying for a new registration and a new ticker.
Would that even make sense?
Would it be legal?
Has anyone seen a case where a revoked shell was brought back through a full corporate restoration + new SEC registration?
Today’s small volume caught my attention, but I’m not implying anything — just opening
Curious to hear what others think.
l2 hunter
4年前
Share Structure
Market Cap Market Cap
16,124
10/07/2022
Authorized Shares
350,000,000
10/10/2022
Outstanding Shares
161,241,422
10/10/2022
Restricted
9,750,021
10/10/2022
Unrestricted
151,491,401
10/10/2022
threewheeler
4年前
URBF Security Details
Share Structure
Market Cap Market Cap
16,124
03/29/2022
Authorized Shares
350,000,000
03/30/2022
Outstanding Shares
161,241,422
03/30/2022
Restricted
9,750,021
03/30/2022
Unrestricted
151,491,401
03/30/2022
F/T
4年前
URBF really needs to start production again with their hydroponic proprietary technology given the dire situation we are in with food production, fertilizer shortages, etc. people will need to grow their own produce or at least by it locally through different technologies.
Saw this article recently:
“Vertical farming is the latest agricultural technology to sweep the market. In vertical farming, companies use shelves and artificial light to grow produce, minimizing space and water consumption. By conserving space, vertical farming has the potential to create facilities that are located much closer to consumers.”
threewheeler
5年前
URBF SECURITY DETAILS
Share Structure
Market Cap Market Cap
161,241
11/05/2021
Authorized Shares
350,000,000
11/08/2021
Outstanding Shares
161,241,422
11/08/2021
Restricted
9,750,021
11/08/2021
Unrestricted
151,491,401
11/08/2021
Held at DTC
142,634,586
11/08/2021
threewheeler
5年前
URBF SECURITY DETAILS same same
Share Structure
Market Cap Market Cap
161,241
11/02/2021
Authorized Shares
350,000,000
11/02/2021
Outstanding Shares
161,241,422
11/02/2021
Restricted
9,750,021
11/02/2021
Unrestricted
151,491,401
11/02/2021
Held at DTC
142,634,586
11/02/2021
threewheeler
5年前
URBF SECURITY DETAILS same same
Share Structure
Market Cap Market Cap
161,241
10/26/2021
Authorized Shares
350,000,000
10/26/2021
Outstanding Shares
161,241,422
10/26/2021
Restricted
9,750,021
10/26/2021
Unrestricted
151,491,401
10/26/2021
Held at DTC
142,634,586
10/26/2021
threewheeler
5年前
URBF SECURITY DETAILS same same same
Share Structure
Market Cap Market Cap
161,241
10/07/2021
Authorized Shares
350,000,000
10/07/2021
Outstanding Shares
161,241,422
10/07/2021
Restricted
9,750,021
10/07/2021
Unrestricted
151,491,401
10/07/2021
Held at DTC
142,634,586
10/07/2021