It appears this is a problem for some users upgrading from 7.0.x. It runs the 7.1 altertable, but not the 7.2 altertable. A quick fix for now, you can run the following SQL command:
update ubbt_VERSION set SCRIPT_VERSION='7.1.1'
After that, go through the upgrade script again and it will run the 7.2 alters.
From the /ubbthreads directory the command: update ubbt_VERSION set SCRIPT_VERSION='7.1.1'
returns bash: update: command not found
Any suggestions? and thank you Gizmo and Rick for the help