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Nothing will be announced before financing.
My predictions for the next couple weeks prior to year end. No name change this week. No PR’s prior to the 12/29 podcast, the final of the year. And there will be few updates we don’t already know on the podcast. In other words, Ken will kick the can down the road. Hope I am wrong but if I’m a betting man these are my bets.
Found it funny Ken posted the notice about compliance. They tend to do a good job of stating expectations of what is to come that don’t happen, then hide behind the wall of compliance.
Note to Ken, don’t set expectations if you cannot fulfill them.
You’re funny Jronpar. With WDLF feels more like wax off than wax on. Very little clean about what I have seen here. Cheers and Merry Christmas.
What does fully waxed mean?
It’s called building one’s hope then pulling the rug. At what point do people start holding Ken accountable for his words? I for one have reached that point after two years. Way past time to deliver on the liquidity events. As for the revenues, I work for a small HR firm that does that kind of revenue and we would not even think about being a public company. The liquidity events mean far more to me than revenues since they are at a relatively small level and they have been at this for pushing 10 years now.
These were his exact words….
“With that new information, we have decided to push the Q4 update to the end of the month, add to it a 2022 year-end update, and proceed with any news/press releases between now an Dec 29th. That way we can address any questions that come up relating to press releases and announcements, and hopefully Finra's name change approval, as well as the next steps for the up listing campaign.
Stay tuned for more updates, and cheers to a happy and safe holiday season for everyone!”
If this does not intimate that or lay the expectation PR’s are coming between now and the next podcast, than what does. If there are no PR’s then this IR announcement is deceiving, at best.
I am one that places value on a man’s words. If you don’t intend it, then don’t even hint around it, especially when you have been doing this for the past few years about a “liquidity event”.
How will a name change impact the fundamentals in the business?
Ken is a spin master. I just think his communication is terrible. He does nothing with his words that instills trust for me. He’s a smooth operator. In other words if there is no PR between now and 11/29 he should not have made the comment. He does this frequently. Intimates something that never happens. I hope he proves me wrong. I’m not holding my breath.
Ken stated PR’s are coming before the 12/29 podcast. Let’s see if he delivers.
Correction - another delay on the next podcast so no update tomorrow as I thought. There is no reason to delay business updates because of a name change. The name change is just that, a name change. It does not change the fundamentals of the business, nor the fact Ken has not delivered a liquidity event as he thought he would, fiat in 2021 and now in 2022. I think people, including Ken, are making a much bigger deal of the name change. I’d rather hear updates on liquidity events. The delay is another example of what Ken does well, tells us he is going to do one thing then not be true to his word.
Let’s count how many PR’s happen between now and the 29th just like he said. I’m not holding my breath.
There will be no liquidity event in 2022 as Ken had hinted at and set the expectation for pretty much all year. Last update for 2022 is tomorrow. No 8K today with any news so they won’t talk about that. Sure he’ll tell people how close they are. Probably set the same expectation for 2023 that he did for 2021 and 2022, both of which never materialized into a liquidity event. Fully expect tomorrow to be nothing more than kicking the can into 2023. Ken has lost credibility in my eyes until he actually executes on a liquidity event he’s been talking about for years. Last call he said they were going to bring 40-60 companies into the incubator program. Can we bring one to a liquidity event before he throws these pie in the sky numbers at us. Hope I’m wrong but calling it the way I see it. Cheers and Merry Christmas to all who celebrate the birth of Christ.
Come on now. How can you possibly make this comment without further explanation. I agree that they will get it done. The question is when and with what underwriters and terms. Would love to hear your reasoning here.
Let’s just call it his words shall we? Plenty of words spoken with expectations and “be on the look out for’s” and not delivering on those. On most podcasts Ken says be on the look out for this PR or that 8K and it doesn’t happen.
Let’s just agree to disagree. Good luck to all. Irony is that I have 17M shares.
To say that anyone complaining must be confused is an arrogant and self righteous comment. You are saying that I am confused which is the farthest thing from the truth. That would lead one to believe Ken et al are doing nothing wrong. And obviously you feel that way because you have never said anything that would hold Ken accountable for his words or promises. I listen closely to what CEO’s say and measure their response to their comments. Ken has come up woefully short in my opinion to doing the things he said he was going to do. I am done talking about people being confused. Rather I will holding Ken accountable for his comments.
I am not confused by the process at all. What I am confused about is why Ken makes comments on podcasts without any follow up.
For example, in the 11/15/22 Q3 podcast, Ken stated, “We have, of course right now in Q4 2 liquidity events that we are working on, one finalizing so that we can make an announcement on that, MJ Link. The MJ Link liquidity event is right around the corner. And I hope to have that put out certainly before the end of the month (November at the time of this podcast), definitely by the end of the year. Keep an ear to the ground for that update. I suspect here in the next couple of weeks that announcement will come out.” My ear has been glued to the ground with as much as a whisper from Ken.
Why would he say certainly by the end of the month, definitely by the end of the year? What is the difference between certainly and definitely? It is just BS. Seems to me he uses the shotgun approach, just spews nonsense out and then never backs up his words.
Following this podcast, he delayed the next podcast two times. So there would have been zero communication by Ken since 11/15 by the time the next podcast occurs on 12/21.
To conclude I am not confused by the process. I am confused by Ken’s constant promises to take action followed by no response.
And this is why he is losing credibility in my eyes.
I don’t disagree with you on the economy. However, Ken was making comments well into the decline of the economy, rising inflation, supply chain issues, etc. As recent as a month ago. This is on Ken in my opinion. He should not make promises he cannot keep. Best to keep one’s mouth shut on expectations if he cannot achieve them. I think he is a very smart guy ( one may say manipulative) and knows what to say to keep the hook in the mouth. Then he makes excuses, and kicks the can down the road. This was very predictable. If I am wrong and he announces a liquidity event by end of year I will gladly admit I was wrong. My gut tells me I’m right here.
Two weeks to go. If no liquidity events are announced by the 12/21 call, Ken’s credibility takes a big hit to me. I’ve been saying this for months as he teased gleefully on past podcasts that one if not two events were coming in 2022. Also if you go back to listen to the past podcast he mentioned updates that never happen. We shall see but I am not optimistic he will announce much of anything by year end. I hope I’m wrong but this has been the pattern for the two years I have been long this stock. Ken talks a big game but delivers very little. The only thing that matters to me are liquidity events. Why? Because that is the end result of their core business model, their Tech Incubator business. Tic Tok Tic Tok.
Let’s just kick that old can down the road. My prediction is that do not close any liquidity events this year as advertised, and that Ken is trying to buy enough time to manufacture the excuses for not getting these done. Tic toc Tic toc on hearing the nonsense excuses.
Time to put up or shut up. Months ago Ken intimated they were close to completing the liquidity events for MJLink and Huntpost. Tic toc Tik toc. If he does not announce a liquidity event before the end of the year, Ken will lose credibility. No more excuses nor kicking the can down the road.
By my math they should have completed the IND. Time to show up CUBT management
If that was true this news would have to be disclosed given his position with the company. I have not seen an 8k to this effect.
The name change will occur long before the uplist based on Ken’s promise not to uplist prior to a $.05 price. It will take some time to get there imo. My interpretation is that Ken is expecting and planning to get the name change and complete the liquidity event at or near the same time. Thanks for the definition of the term in conjunction with. Maybe tell Ken since it was his comment. Good luck .
At 11:26 mark into the podcast Ken said “As soon as the name change happens we can then move forward in conjunction with with the liquidity events so that we can do that uplisting.” It does seem like Ken intimates here the name change will occur prior tor the liquidity event.
This makes it sounds like the name change has at least some bearing on the liquidity events. Either way both will likely occur in the next two weeks.
Totally agree. This was the first step. Let’s see the news that follows. Hopefully just as you laid out.
$512K in Revs. vs $140K Q2. Sequential revenue growth of 265%.
Fully expected Q3 ER out by now based on Ken’s comments in his last podcast. Ken needs to stop over promising and under delivering on his expectations around his comments on deliverables. This has been the fundamental reason I question his credibility. I hope Ken reads the comments here and actually takes the criticism to heart. And how close are we now to end of year where he said he expected two, not one, liquidity events by end of year? If he delivers on those I will give him full credit. But I am very skeptical he makes these at this point. All my opinion after being long this stock for two years now.
They have less than 60 days to do a liquidity event. If they do not I will question management. Ken and Todd have said all year they were targeting one if not two liquidity events by year end, talking specifics like MJ Link being acquired and HuntPost going way of SPAC. If they do not accomplish this their credibility will take a major hit. No more kicking the can down the road. Been doing that for a long time.
They also are not required to make the comment in their filing. My conclusion is that it ain’t over and I am drawing that conclusion based, in part, on the comment. Whether you or anyone else agrees with my conclusion, I care not.
It is straightforward. It is what I meant. I expect another offering shortly.
You been saying this a long time. Not going to happen.
“The Company also requests in accordance with Rule 457(p) of the Act that all fees paid to the Commission in connection with the filing of the Registration Statement be credited for future use.” This comment in the RW today lends credence to your assumption that it ain’t over. I don’t think they have come this far to not get it done. Negotiations take time, particularly given this is an OTC Pink sheet company trying to get to a major exchange.
Under Rule 457(p), the filing fees from unsold securities may be carried over to offset filing fees for a subsequent offering. I don’t think they would make this comment if they were throwing in the towel.
It ain’t over. Far from it. It will happen. Mark my words.
Until we actually hear from the company everything is speculation. I think they will still get this done. Securing financing is rarely easy, especially when moving from the pinks to a real exchange. Totally understand the frustrations here. Got a few myself. But I do think they will get this done. Lots going on behind the scenes we simply do not know.
They will get this done. Believe the noise if you choose.
You can lead em to water but the horse is going to believe what they want. Insiders are not selling shares nor will they after the uplist which I expect within a week of not sooner.
You won’t be calling it OTC much longer. And no more “stinky pinky” tag. You’ll have to come up with some other cute little saying. LOL.
Current market cap is just $10.86M. That is the only number I care about. I think the upside is significant.
Market makers holding this back. Welcome to the world of manipulation. I am getting some good buys.
Got filled at .0197
Interesting. I’m in the hunt too. Love these 1 share sells sub .02. Someone needs to clear the decks.