This was decided on November 20, 2020 and announced on December 8, 2020. It’s in the Def 14C. I don’t know how you missed this but it has been known by most everyone for quite a while, you should check more often. It also goes over the employee stock incentive plan to reward their employees with shares. If they raise it again within the next year then I may be concerned depending on why they would but it seems that was the reason for the AS raise and also they mentioned raising it to prevent a potential hostile takeover.

All you do is complain you are clueless

Why wouldn’t the company have diluted shares by now and just allowing the note holder to take a 70% hit at their stock without cashing in themselves? what is the benefit

Good afternoon, I am curious why this is relevant because there will never be 10b os and right now until we see an as raise it’s 800m authorized and 393m os. You brought up the note holder and 35m shares so we know the is will raise but what about your plan to sell to someone in HK? Does your price target remain $1? I am having trouble identifying your position in all this

Sunandan Ray owns 196m shares, from our highs of .38 that would be a almost a $60m loss. No sane person would allow this to happen unless they knew there was events taking place that would revive the stock. I don’t know where the bottom is but it is inevitable we find one at some point.

Indeed they have the option to merge with the other branches as stated in the original 8k

https://www.linkedin.com/company/uniquelogisticsinternational

Does anyone else think it is interesting that the LinkedIn page they shared the financial results from has its headquarters listed in HK? (1000-5000 employees) I believe we are much closer to a full scale merger between all branches of UNQL than everyone is thinking. This will be massive I have already dove into a list of UNQLs non-USA branches and they blow these already phenomenal numbers out of the water. I’ll be adding when I can, betting we will be updated soon.

https://www.linkedin.com/posts/uniquelogisticsinternational_cargo-ship-logjam-in-los-angeles-highlights-activity-6788082139775688704-IKKV

Great video posted by Unique on LinkedIn explaining the shipping crisis we are in, we have never needed a company like this more.

What are you anticipating price action wise leading up to the 14th and after? Also when are you planning to re sell them and any idea when the company will update shareholders next? I appreciate your insight

What are your plans for your shares? Do you have a price target/timeline?

Are you in for the long term sir? Or do you think they will convert as soon as they can

Air/Ocean cargo shipping prices are at an all time high and we have been fully booked for months

https://www.google.com/amp/s/www.freightwaves.com/news/suez-bypass-good-luck-finding-an-air-cargo-alternative/amp

A good article to read here that mentions Unique. It is more than apparent that there is zero charter capacity available. This signals the company is booming with business. I am expecting next quarters results to be even better than our already impressive balance sheet. Right place right time.

“Korean Air has no availability until at least mid-April and Cathay Pacific is sold out until May, said Marc Schlossberg, executive vice president, air cargo sales and marketing, for Unique Logistics International.”

Let’s see .20

What are you talking about man

Penny stocks definitely do trade on financials. You’re looking at a company with a current market cap of 42m. A small institution finds this and looks at it as free money. This is obviously still over valued which is why the company is still diluting.

Highlights from balance sheet.
2.5m liabilities vs 2m assets
Revenue of 400k only?
And 6m in net loss.
Looking grim

What a find, this company has a lot of assets. I wish someone would put up a large amount of shares for sale. Less than 4M float I wonder if I’ll be able to grab any at all

I really feel for you. This is a great company your timing is just awful. And you clearly lack the knowledge to interpret all the info out there so you just see dilution and immediately think it’s toxic. I hope it goes to .28 - .33 where I will add

So you’ve been blasting the stock wasting your time for two months while I’ve been making money on other plays. Now the price looks more appealing so I return to this board and you’re ready to call it quits. I have no hope for investors like you. Aka dumb retail. You find stocks last I feel bad for you

There is absolutely no reason this stock should have ever been at $1.50 that’s the problem you don’t know how to correctly value companies obviously, maybe you should get back to flipping burgers

You’re**

Everything I have said has been correct. Stay mad because your broke. Degenerate

Novice investors blaming the company for dilution? Lmfao why don’t you blame yourself for not understanding the business. If you trade OTC and don’t realize that companies such as DSGT need to raise money you played yourself. I have a buddy who does PR for them so I found out about DSGT at .10
You would have to be STUPID to have your stock go 4-5x your correct value and not dilute. Bob is doing a great job and real investors who’ve been in since the beginning are very much appreciating this price correction and once I see they have stopped diluting I will add my position back. Simple.

This will run it’s just a matter of time, solid financial documents to prove that we have a book value higher than current market price. Definitely reminds me of $UNQL so I’m definitely adding. These are the types of plays you buy and forget about them until the price catches up to fair value.

I’m not confused I know what I’m looking at so let’s agree to disagree

There is “very little” dilution compared to the OS yes but not compared to the buying volume. There has been consistently more dilution happening vs people buying. Hence the downward trend for the last few weeks. I will add when I see it has stopped.

This has clearly had a lot of dilution which makes sense because they need cash to bring the vehicles over. The question is where does it end? I am not concerned with the trend staying up long term and having explosive growth going forward but short term I don’t know how much cash they need, I’ll be watching closely.

This company clearly has the innovation, demand, and management to get to that level imo

https://www.post-gazette.com/business/development/2021/02/19/Pittsburgh-International-Airport-Qatar-FedEx-Amazon-passenger-cargo-Christina-Cassotis/stories/202102190155

Unique logistics taking advantage of lack of passenger flights in Pittsburgh to meet increased cargo demand very smart move.

What a great day today, first discounts then a show on the iHub lmfao now where is my açaí bowl? Looking forward to next week!

Yeah only 200k traded so far today... by the time we get our next announcement it will be too late to lock in any shares. Smart retail has found this stock, so has small institutions. Next will be large institutions and then dumb retail, looking forward to the volume from those crowds. $$$

Thank you I see now, 300k is minuscule I am not worried

Where does it mention The firm you mentioned yesterday? Yes my mouth is bigger than yours, so is my wallet and my d***. Degenerate old man

Sounds like more BS as usual from this guy

Proof? Can’t find any links between UL and Southridge capital

Finally current on otcm, our market cap is only 100m at .30! This needs to double to come close to the fair value, market will catch on soon

There have been no notices from the company of convertible debt until 2023 and recent volume points to the direction that they are not converting. With a large international company like this one there are currencies and language translations that are necessary to accurately complete filings. I assume it is this or labor delays as a result of Covid that is causing the tardiness.

Very much agreed

Do you have any proof? I have been following the stock for many months and have not seen any documentation referring to “ two hedge funds investing 1m dollars” and I have not seen any March conversion dates. I look forward to your reply with evidence.