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You need to edit that last line.
The site at the link I included has all the data for past years, the specific page is what he copy and pasted. The other data is on the tabs (disclosure, financials, etc.). The empty years are the ones where they just haven't reported.
No, you are looking at market cap or restricted shares. The market cap is the only thing dated 4/22.
Here is the link to the info. Nothing about that post shows an increase of only 10m shares. 13,975,432,751 is the share count as of 4/9 and that's the last reported number for shares.I know everyone says this stuff doesn't matter, but you can't do yourself any harm by learning to understand this type of important info.
https://www.otcmarkets.com/stock/UBQU/security
How did you come to that conclusion?
You can believe that OS is much closer to 20B now. But it's not worth arguing over on here. They have access to the same info we do. They just don't care or interpret it differently.
I'm not necessarily saying people shouldn't play it however they see fit. I'm saying the outright lies to get people to jump on this stock are wrong on every level. The insinuations of insider info are disgusting. Having said that, I've basically decided that if people want to drop stupid amounts of money into a stock without even looking at/for the financials because someone on the internet told them to, that's on them.
I suggest you take a scroll back through the past few weeks. Actually, I can just mention here how Ballas screwed everyone years ago with his debt paid with shares schemes, fake PR's, lies about dumping shares etc., and has been silent and inactive since that happened. I'll mention how the recent pump involved just enough shares to absorb what he had left of the 20 billion and we will see how it is met by the board.Assuming it doesn't get deleted. At the very least those listed facts will be ignored and the topic will be deflected to basically any other topic. At least that's how it has been for the last month or so.
You know as well as I do that those kinds of facts don't fly on this board. It's either "to the moon" or get attacked.
Once all the speculative reasons for why this isn't running as predicted have been listed, there isn't much more to say.
I'll go ahead and sum up tomorrows reasons here.
1. Market is down.
2. Market is up.
3. Sector is down
4. Market makers.
5. Short sellers.
6. Another stock is getting all the attention,
7. People are waiting for "X", then it will blow up.
8. It's good that ubqu is down. Buy while you can.
The irony.
The financials showing how and why this went to no bid in the first place don't concern you?
They confuse negative facts with bashing. Day after day excuses for why this isn't moving are ok, anything else is considered bashing. I've mostly quit posting, I figure another cpl days at most before people get tired of the excuses and start to see the truth of where their money disappeared to. Especially if financials show up.
it's been 000 for years.
Best of luck.
I understand. I have had that feeling many times with this in the past. Just be careful and don't lose the gains you have already made. Smokey is not trying to manipulate the stock, or get back in lower, or any of the other things he is being accused of. He is sharing what has been our experience, and the experience of every other investor over the last several years. Ballas likes to pump the price and dump shares. We have seen it at least 5 times in so many years. Maybe you guys are right and this is the one that is real, but if not, do not watch this go back to no bid with the expectation that it's "temporary and will recover soon". Set mental stops and stick to them. At least then you can buy back in lower while waiting for the next run. Although I personally expect it to be done forever after these last available shares have been sold, any thing is possible.
You just gotta let them ride it out, man. Nobody wants to consider anything other than a big win. Probably just a coincidence that the total volume this week adds up to very near the outstanding shares they had left to dump...
Just to clarify, they had cash on the books (if I remember correctly 300-400k) and went and "borrowed" 100K to pay off with shares at .0001. The lender made millions over the course of months. And every penny of it came from investors that were being told regularly that no new debt would be acquired and no new shares would be issued.
They weren't even sneaky about it. It was disgusting. If you follow the paper trail, it is clear who the villain was, and their motivation. He deserves to be in jail, but if they have removed him, this company can be great.
Ballas wasn't forced to do anything. He literally came into the company with previous debt, added it to the books two years later and paid it off with shares @.0001. He then went on to acquire new debt and pay it the same way. Many, many times. Making them millions at the shareholders expense. But really this is the stuff I didn't want to harp on today. Hope it runs big, and you guys be careful of these sneaky bastards.
We've seen that happen a few times for sure. I just kind of quit talking about it because nobody listens. And now there are people just refusing to do any DD and outright asking "Should I buy here or not?". It's a setup for disaster and I do not wanna be too involved in that, lol.
I'm still not saying I trust this company. And if I were in now I would definitely be closing part of my position. I remember too vividly what Ballas has done in the past. I think the best possible scenario here, and it's very possible, is that the upcoming fins (I expect them soon due to this recent activity) will hopefully say the company is under new ownership and Ballas has been removed completely. I'm not going to go into detail on here about the past because you guys are having a good run and I don't want to rain on that, but I would be very careful about thinking Ballas has changed his ways. And if some idiots did short this stock, I hope they lose every penny just for being dumb-asses.
I'm not sure how they do it, but nearly every time they have diluted in the past they have managed to drive the price upward in the process (on their big dilution days). It's impressive that they are able to do this, but I have never figured out the particulars. They did used to have press releases sometimes and use that momentum, but other times it's like the volume comes out of nowhere and they just filter it in once the price is rising.
On a positive note, this happened several times right before they updated financials. If that's the case here, maybe you guys will see some fins soon.
It is interesting, though, that millions of dollars worth of shares has changed hands today. This seems to beyond the capabilities of small time manipulators I have suspected in the past.
Particularly when most of the volume IS dilution. Having said that, if you're willing to not hold out for millions and take profits when you can, you can probably make money from their shenanigans.
Certainly looks like it.
Probably. The highest I see is 1.85B in February.
And an ominous silence fell across the land.
Shocking.
Haven't seen it this quiet in here in a while.
Same stuff everyone has been waiting three years for. If 4/20 comes and goes with no news, you will receive a new 'goal' to load up for.
Been a lot of buildup on here for it. Hope it happens.
I've heard that PR Kraken is supposed to show up on 4/20. Should be interesting if that happens.
My guess, and it's just a guess based on 'ancient news', is that when they do become current and it becomes obvious where all this volume has come from, it will not be a good day for ubqu. But maybe they will surprise me and report some actual progress. Not promises, but already accomplished progress.
Where did you see these rumors? That would be an interesting read and may put this company in a more positive light.
That is literally the multimillion dollar question. None of us knows the answer.
Thank you. I feel like at least with the information out there, people can make informed decisions.
How so?
I have been trying to figure that out for years. In the beginning, they were well on their way to building a really great company. They chose short term gains at the stock holders expense instead. Made no sense then, and still doesn’t.
Thank you scratch. Always a pleasure exchanging ideas with you.
I was sharing facts directly to gkgGoings. Sorry if you didn’t like those facts.
If they are familiar with past antics of this company, they should care. Otherwise they will still be here in a few years hoping enough suckers buy back in to help them break even. That’s exactly what my entire post was about.
Greed kills accounts. Not the kind of greed that drives people to simply want more money. The kind of greed that makes otherwise good investors miss those massive red flags because they fear missing out on those overnight millions.
Invest in the company, or *trade* the share price. Definitely do not invest in the share price action alone.
That’s what I mean about people only being concerned with the share price and associated press releases. This company has proven that those two things do not accurately reflect what is going on. Those are the exact two things that you should be weary of.
Unless the news is updated, accurate financials, nothing has changed.
Ballas is scum and I am so disgusted with watching people give him their money. This board went from *lawsuit to *overnight millions without missing a beat and not one thing has changed.