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Monday, August 14, 2017 1:09:54 PM
UNITED COMMUNICATIONS PARTNERS INC
Huge key points below on why this could turn into a monster runner:
INSIDERS OWN BASICALLY 70% OF OS!
The OS has been the same since early 2013, so don't expect a change there either.
Current Share Structure:
Share Structure
Market Value1 $5,662,605 a/o Aug 11, 2017
Authorized Shares 2,000,000,000 a/o Jul 31, 2017
Outstanding Shares 1,617,887,264 a/o Jul 31, 2017
Management continues to buy these common shares over the past years. See below for proof:
MARCH 31 2017
DEC 31ST 2016
DEC 31ST 2015
DEC 31ST 2014
DEC 31ST 2013
DEC 31ST 2012
With insiders owning over 69% of the common shares, this leaves the remaining OS at 495,235,071 with market cap of around $1,733,322 at it's current PPS of .0035
GROWING SALES & PROFITABILITY
IMO
This company is really turning into a big board company with the growing numbers. And it's always a great sign when the insiders refuse to sell their shares, and actually are buying over the past years.
Only negative thing I hear about this company is the fact in their last shareholder newsletter,they decided not to upgrade to OTCQB. I posted it below.
IMO, they decided not to, because they are still buying shares. If you were in their shoes and still buying shares, would you want to upgrade at this time? They own 70% of the OS so IMO they do care about the PPS. lol
Expecting Q2 2017 numbers to be out by Tuesday 08/15. And don't be alarmed if they are below Q1's sales. Q2 is normally slower for them, but expecting a growing number when compared to Q2 2016 which was at 11.8 million.
With 70% of the shares locked up from insiders, the amount of shares available is crazy low.
And with these growing numbers, I believe it should be considered 100 million dollar+ company
NEW YORK, NY--(Marketwired - Jun 16, 2017) - United Communications Partners (OTC PINK: UCPA) -- We welcome our shareholders to the 2nd Quarter issue of the UCP Newsletter. In it you will find current information as reported by the management of the various companies that fall under our holding company umbrella.
Recently, several shareholders have contacted us asking about a potential upgrade from OTC Pink market to the OTCQB market. At the board's latest meeting it was decided not to upgrade.
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