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I'm wondering the same thing. Looks like we'll be getting Q1 financials and the Q1 shareholder letter at almost the same time. I believe the financials are due the 15th and the shareholder letter comes out whenever they feel like it (but it was early May last year).
I'm hoping the delay is due to them taking time to workout the details and logistics on the previously mentioned share structure change. This has been delayed for over a year now. Times up!
I'm hoping the Q1 financials, shareholder letter, and details pertaining to the share structure change work as catalysts in tandem to compound a run this stock truly deserves.
weird, because this is sitting at over a 100% gain from less than a year ago. I'm sitting at over 100% unrealized gain with my current shares and well over 300% on the profits I realized this year. I'd more than welcome a dip into the 50's to replace the shares I sold this year.
If you have a modicum of patience this is a pretty good place to stash some cash as far as the OTC goes considering they actually have operations and significant revenue instead of false promises. The problem is most OTC traders just want to get rich overnight and chase the next pump and dump and end up buying into share selling schemes. I'm happy with the zero dilution here and management ownership.
Newsletters are never technically due, they are voluntary and not a filing requirement. That said, they typically release them quarterly and the next newsletter is typically released end of April/early May.
Also, the trades today have been almost exclusively bullish. 90% have been slaps on the ask and above 90. It was just one small trade that dropped this below 90. Someone is likely painting the take to get cheaper shares.
Very excited for Q1 to see if they can maintain the $15m or improve!
Anyone panic selling today is probably not a very savvy investor. Revenues for 2020 were $7.9m Q1, $7.4m Q2, $9.4m Q3. With the annual revenue reported at $39.9m by my math the Q4 revenues improved to $15.1m approx. Annual financial result was substantially better than expected and recovery was much faster than I would have expected.
Q1 2021 financials are due in a month. I'll be blown away if quarterly revenues remained around or above $15m considering this is what they were doing pre-pandemic.
Based on the first 3 quarters of this year I'm not expecting for stellar financials tomorrow, probably around $34m annual revenues. I'd just like to see the quarterly revenue improve from Q3 to Q4 and see positive cash from operations.
I'm more excited for the quarterly shareholder newsletter which should be forthcoming in within the next month. Hoping for an update on the share structure change they hinted at last year which was delayed (likely due to COVID). We shall see we shall see.
Sure, it's not top secret, it's the opposite....It's so unknown know one cares. Likely the only people with access to the information are the owners, and maybe one accountant. Leaks, take a willing party to reveal this information, in this situation there is likely only one person with the capacity to 'leak' information, but what would they benefit?
This isn't a public company with leveraged options you could 100x with the right information. A leak, even very favorable financials for a company like this would most likely be overlooked and ignored. This is small potatoes and the OTC. And most 'leaks' are intentional.
This would be like me leaking that I'm getting a raise at work.
Not trying to be an ass, but these smaller OTC stocks don't really work like the bigger boys. Leaks are either intentional or non-existent given how small the company structures are.
Anytime! UCPA tends to be pretty consistent with when they file. For some reason they always always always submit a late filing and file exactly at the extension requirement which in this case is 4/15. Not sure what their logic is here, maybe they're just looking for some breathing room during their busy season.
Anyways, two days to go!
Annual financials which will include Q4 are due on Thursday so we should have updated financials this week. Q1 2021 are due middle of May. And the quarterly shareholder newsletter normally lands somewhere in-between, though the newsletter isn't a filing requirement so this is at their discretion.
Does it matter though? Tell me what's the difference between this stock trading around .01 with 1.6b outstanding vs if this same stock was trading at .10 with 160m outstanding, or $1 with $16m outstanding?
Market cap and $-float is what matters.
The only difference is optics. Even at .01 UCPA can uplist. That said, I wouldn't really mind if the did a r/s assuming it's not their intent to issue shares. But I'm not sure it will be a real catalyst.
I expect uplisting would be one of the best potential catalysts here, but it's much more costly from a reporting perspective to uplist so I'd be surprised if they go this route.
At this point new contracts and continually improving financials/profitability are what will continually drive this north. It's not exciting like some of the P&D's, but that's what makes it a solid stock.
What's great about the annual report (due in approx. a week) is that it's immediately proceeded by the quarterly shareholder newsletter as well as Q1 financials in less than a month. Lots of news to come.
Without fail, they always file late. Hopefully we see a strong recovery form COVID especially with the new Amazon specific agency.
Lol, the stock price isn't even sitting at double where it was when I posted that. Enjoy letting your money sit for the next 10 years.
I think volume and news will be thin until around the end of April at which time we should get annual financials and the quarterly shareholder newsletter which may finally speak to the share structure change they've hinted at for the past year.
After that Q1 financials will be coming out at the end of May. So several catalysts in the next couple months, but likely none in the very short term. As always patience pays with this one.
Safe trading yall.
Cheers!
Well we're approaching a year since James's position was updated to CEO. And we're almost 6 months from the share reduction. It looks like this was being setup for something, the question being, was that project abandoned (perhaps because of COVID), or is it just slow to come to fruition.
Either way this feels like a solid bet. Current float is only $307k. Any news of reverse merger or favorable operations (weed, crypto, etc) and this is an easy 10 bagger.
Time will tell if anything happens here but my shares are locked and loaded.
I've seen it all before. I've been here for years slowly loading on the lows and sometimes selling a bit on the pumps. This will pump and then a slow trickle down to under a penny. Not really a concern for me at this point, though if we dip enough I'll be adding to my shares. 10m locked and loaded for .03+ any additional shares are for swing trades when this gets inevitably pumped again.
Yup, that's exactly what I'm referencing. UCPA doesn't mess around with pumping their stock on social media. They issue quarterly newsletters and comply with filing requirements. They're a slow and steady grind towards prosperity vs a pump and dump/get rich quick scheme.
For sure. There has been a lot of selling in the overall market as well as the penny space the past few weeks but this one is holding strong.
UCPA will continue to get more attention as the SEC focuses their efforts on shutting down manipulated penny stocks and stocks that haven't reported recently. Those that are willing to gamble in the OTC will start to seek slightly 'safer' havens.
Once we see some volume again I'd be surprised if we didn't see new all time highs. We're already trading well above the prior base. .02 easy, maybe .03+.
Time will tell!
Good call, this was one hell of a strong close. I think most of the sellers departed a few weeks ago during the 40m volume day. Sell orders are looking thin to .02. This one is ready for an explosion.
I'm pretty amazed with how well this is holding above/around a penny. Crazy!
I'd agree with this assessment. Majority of trades have been on the bid the past few weeks yet stock price continues to move upwards.
Looks like quiet loading for sure.
I wish I wasn't right, but we've already hit 80's. Hopefully we hold up at least some of the gains we made this time, but I think we'll be dropping down.
I hope I'm wrong, but even today I can already seen the interest in this stock waning. We'll probably even see low 80's today.
6,000,000 bid sitting on .004 today. Someone is willing to drop $24k on this one. A bit frustrating since they keep blocking my bids, but gotta play the game I suppose.
This would be an amazing time for some news from our new cannabis friendly and experienced CEO. Weed stocks are running and the penny market in general is booming.
Easy 10x from here with some information pertaining to the company getting into the weed business.
Considering the volume all came in at once yesterday (at least the majority of the volume that spurred the run) this was either an individual or group that's loading shares.
Sameeeee trick here ever few months/years. Someone comes in, buys up a ton of shares and disappears for a while letting the stock settle back down. Then they come back buy up a ton of shares and start to pump the price and hype the stock. The price shoots up fast and hard, and they unload.
Rinse and repeat.
It may be a while, but they'll be back. There wasn't enough volume or PPS increase yesterday for them to have dumped their shares. Expect this to trickle back down to .06 before it explodes again probably up to at least 2 or 3 pennies, maybe higher with how the OTC is playing out these days.
Agreed, penny market is hot right now and UCPA is blowing up along with it. Over $130k in capital traded today. Big money moving in.
Interesting movement here considering I don't see any pump groups touting this one yet. Over $100k of capital moved here today and I'm not seeing a peep on twitter (from any big names).
Will be interesting to see if they get involved tomorrow. We're still 200% away from recent high of .03.
Solid money to be made here.
I'm not much into charting/chart reading, especially on low volume OTC stocks, but damn if this isn't a very healthy looking upward consolidation.
right right, the front loading comes first. Then the pumping...if that's the case.
You're math is pretty far off. Even if every share was traded at the high of the day it would be only $21k. But almost none of the trades were above .01
Less than $10k was traded. I've made much larger trades in the OTC. This can definitely be a pump group.
yupppp, looks like someone is front-loading this one. Maybe it's an insider, maybe it's a pump group. Time will tell.
Dividend incoming. Ownership in billion dollar corp's gotta pay dividends. Ownership confirmed in recent financial statements.
Dividend announcement is imminent!!!!!!
Agreed. The over $1m that was traded wasn't from the tiny followers of these P&D groups that commit $1k or less (sure the leaders of these groups have more capital but not enough for the volume we've seen).
I have no doubt we'll be over a penny again tomorrow/early next week.
Either way, nice to see some churning.
Lets see if we get a bounce back in the afternoon. I find it hard to believe the over $1,000,000 in equity traded here was all from a pump and dump group. While I'm sure plenty hopped on the bandwagon, something else is pushing this up.
Looking good here. More to come for sure.
Indeed there are now, but no postings from earlier in the day when this started to explode. It actually took a while for all the pump groups to catch on.
I just randomly got lucky when looking at my phone and caught the action as it started. There were lots of very large buys on the ask constantly. This is either a very wealthy individual/entity or a pump group that has a serious amount of sway...but given the usual cheerleaders haven't shown up to show support for this one I'm leaning towards this being a large buy from an induvial.
Very similar pattern from years prior. No catalyst but the stock explodes and is driven up for weeks before they pull the rug.
Can confirm. They had a netflix contract for marketing in the Nordic region previously. Not sure if they still have this contract in place or not.
That said, I'd say a contract with Amazon is more likely. They recently partnered to establish an Amazon specific agency that targets marketing for manufacturers/sellers on Amazon which just recently expanded services to one of the Nordic countries (can't recall which one offhand).
True True! I did say it was a conservative estimate after all :)