Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
3A isn't out and as long as they are around shorts can buy back to cover lower when 3A whacks the low bid which is the only reason there is any volume at all aside from the stragglers retail investors buying small bits here and there. Will squeeze up after 3A is out. Trash
May take awhile but the stock will get legs again. I think there's some option plays more worthwhile than worrying about this one coming up in September. I expect alot of big board plays to get beat up and sold off, that's when I'm swooping in picking up the call options. I'm gonna wait a few days and see where the big boards are Sept 17th. Asses everything from there. I'm not swinging profits into this one because 3A is around. It wouldn't do me any good
I may not be the smartest guy here but, I CAN tell you the reason we are down 7.5%----3A capital received 25 million shares in an exchange agreement to pay back 1 million note. The provision in the agreement relative to unloading those shares dictates 3A is allowed to sell up to 7.5 % of the daily average volume. As you can see- we are down 7.5% Yesterday we saw buying come in and we touched close to 12% before selling hit and we closed around 5% up another 7% shaved off there. So what you've got here is around 7.5% of the average volume hitting the low bid on any given day until 3A is out. Has nothing to do with retail sentiment other than buyers are wary of being dumped on and not anxious to take a starter.
I like $SDC calls expiry Jan 2022
Nothing to pick apart there. A healthy perspective from where I'm sitting. Right now the stock can't rebound on retail buying power because 3A jumps on every gain. Just another potential winner being held back
And I doubt anything they are doing with corefund is "FURTHER" eating into their profits. The volume of their charters increased and I am certain the rate at which they pay interest to front the costs has stayed the same. More than likely, with the increased charter volume their profit will be greater, not smaller. Maybe not by a huge margin but greater nonetheless. Sounds like a meaningless filing to me, but it's nice that they have increased volume to work with.
It should come as no surprise. Why would they pay the costs up front before they get paid in return? Especially since they have increased cargo to charter based on higher demand. BUCKETHEAD :D
Anyone know what to make of that filing that just dropped
I believe I checked into the valuation based on the fully weighted diluted average number of shares vs. their revenue and profit without accounting for growth or increased margins and I came up with around .12 fair market. So it's definitely trading at a discount right now for sure. 3A capital will be selling 7.5% of the daily (average) volume which is why its difficult to watch gains dissolve. They should be gone within two to three weeks. They may let it run a few days but rest assured they will pounce on it again before we hold to see .06's and above. But I am encouraged that we still closed green even with 3A lurking in the shadows trying to stay quiet. Thankfully they don't have a lot of shares to move this go around.
GOOD MORNING!! They say you can hope in one hand, and shit in the other and see which fills up faster. I think that same logic applies to buying penny stocks. TO DA MOOOOOOON? :D (some day)
The public float is still very small for a company that is profitable and forecasting EBITDA profit growth year over year. Only around 235 million shares available to trade retail the rest locked up by insiders. At some point the sell pressure will be gone
3A is still bid whacking. With our volume being low they won't be out for around 3 more weeks. Likely
Yeah but the note is convertible at any time right?
$UNQL needs to earn back the trust of the common shareholder, and they need to do it YESTERDAY. Fix the GAD.DAMN.OVERHEADD! And get Trillium paid back through EQUITY instead of common shareholder. My mind is numb to this stock and the endless possibilities or hidden variables behind its decline. Aside from the main obvious reason (dilution) to repay debt. I noticed $UNQL included a provision in the exchange agreement with 3A capital which ruled out "shorting or hedging" Their position on the 25 mil shares par valued .01---- My question is, WHAT PROMPTED THAT PROVISION? Could it be Trillium and 3A capital colluded during the first spike back in Feb and April?? Trillium gets a bunch of free shares, 3A capital sells a bunch short also for .30's at the same time and then Trillium starts dumping like mad--- 3A buys back to cover at .05 and they proceed to tongue punch each others fart box and high five each other etc etc while all of us cry a river of tears... Certainly seems that way. That's kinda why I am not buying .03's I DO NOT TRUST UNQL'S partners.
Next big catalyst will create a pivot point in either direction for this stock and will happen on or before Oct 06th - That is finding out if management allowed the Trillium warrant to mature. If they clear that note in cash rather than allow it to mature the pivot will send us north of .06 possibly to .12 and correct this entire problem rather quickly. They should have the capital to do this. HOWEVER If they do allow that warrant to mature the pivot will send the stock further south, as I have been pointing out. Most likely all the way to .005 to .02's- That is the next big catalyst, not Asia Pacific.- That is what matters right now. Since 3A does not appear to be pressuring PAUL to unload to the low bid as of yet, we are getting a good signal that 3A is not competing with time against a warrant which could mature within 3 weeks. Fingers crossed, but if I am being honest, I kinda want that Trillium warrant to mature so I can buy a zillion shares sub penny and fix my cost basis. But then again if that happened I would have to be worried about an RS also-- what a mess lol
If 3A doesn't have PAUL wracking the bid then it could mean they aren't expecting the Trillium warrant to mature. Otherwise 3A would need to dump in high speed to make time before the warrant. A good sign
We on no-bid yet? LOL
This board is funnier than that time in Oklahoma city when I went to the Looney bin comedy club and got drunk on long Island ice tea's. I'm cracking up over here.
That's a valid point, and you are correct. Not only would it take forever to move them all but the constant sell pressure would devalue the profit yield itself. Let's say hypothetically, $UNQL somehow decides to allow the Trillium warrant to mature and issues a filing to disclose what happened. The authorized share count is now 800 mill. The outstanding share count is around 603 million. Therefore they would also have to raise the authorized share count an additional 300 million to sit at authorized shares of close to 1B. They would have to disclose that also in a filing. As you can probably guess, the next thing that would happen if this were to come into fruition is a plummeting share price. Conservatively I would say if the Trillium warrant matures you will have a bottom show up around .005 (ish)- And on 500 million shares at an average of .005 Trillium would have a gross profit of 2.5 million- adjusted after capital gains tax roughly 1.8 million NET profit. That's if they can even find bidders. The aforementioned scenario will only happen if $UNQL does not use some of the proceeds from their last equity raise to pay off that warrant. I believe the cash value to redeem is somewhere in the neighborhood of 1.5 milly. So- from .033 to .005 is quite the disparity which is exactly why I am not risking a dip buy right now. If they redeem the note I will certainly buy .03's but not until then
I would be very careful dip buying right now with Trillium waiting to get a warrant matured Oct 06th. Honestly. Right now the dilution holding us back is coming from 3A but they only had 25 million shares valued at 1 million USD. Those shares are par value .01 so if that were the only thing I would dip buy here as they will not let it go below .02- But it's not, the Trillium warrant should it reach maturity is 500 million shares par valued at .001----- They could pay it off though they have the equity to do so. I just don't trust them so I am waiting.
Last I checked Ray's compensation was 300k, and that's nominal for a company with over 1.5 million NET profit. HELL, my company only makes around 3 to 5 million in revenue and our CEO makes around 200k to 300k per year. That's nothing.
You can still make money here if you wait until the Trillium warrant matures. If they don't pay it off first. Cause then it will go low enough that a dip buy would actually help your cost.
And if you think its bad now, wait until they let the Trillium warrant mature. That's when it gets really bad, we ain't seen nothing yet. The only flipside of that coin is they will need to raise the authorized shares to allow Trillium to receive 500 million shares should the warrant mature. They haven't done that yet but, given their track record, I wouldn't put it past them. That's why nobody else is buying and that is also why we will be on no bid until this overhead is addressed.
Pretty soon this will be on no-bid- LMAO Welcome to the laughing stock of the OTC. I will put my bid in good til cancel at .00001 but the lowest it will let me bid is .0001- Currently the stock is not even worth that much. In fact, they should be paying us to invest in this worthless pile of diluted, watered down barrel of dog shit. I could take the money they pay me and reinvest it in therapy to cope with the trauma of being associated with unimaginable levels of emotional stress.
Good ?? morning!
The issue here is three pronged. 1.) To much sell pressure on the stock
2.) A warrant could possible mature Oct 6
3.) To much sell pressure on the stock.
Be that as it may. This is not a permanent problem but neither has it run its course entirely. That is why nobody is buying down here. This is not necessarily a bad thing unless you can't afford to wait. The lower prices will help the cost basis of those who have the patience and discipline to wait for the correction. Also, many people know about the Trillium warrant and until we see that resolved there won't be very many people willing to risk a starter.
Reasons to feel bullish are simple.
1.) Much of the debt associated with going public has been resolved aside from 3A capital 1 million value exchange agreement. Which won't last forever.
2.) The public offering in June that they did has raised their equity and we still do not know what plans they have for those proceeds.
3.) Asia Pacific Acquisition along with forward guidance of revenue increases and/or improved margins and profit.
4.) The AS still sits at 800 million and no announcement indicating a further increase means the Trillium warrant set to expire Oct. 6th is unlikely to happen.
5.) Management holds a large inside position and if they don't address the things weakening their investment will remain unattractive, meaning they are incentivized to create shareholder value moving forward.
6.) Being newly listed means dealing with temporary setbacks such as the ones we have encountered. In time those setbacks will be ancient history.
Furthermore, as it stands the indication is that the Trillium warrant will not mature. The AS is currently to low for that warrant to gain maturity so unless they raise the AS. I'm inclined to believe we have floor around this general area.
Actually in my opinion the further down they take it the better. I'm just sitting back waiting to find out what they decide to do with the Trillium warrant that's set to mature Oct 6th. If they allow that thing into maturity I'll wait again and buy a shit ton wherever it lands after the fact. If they don't let it mature, then this will be the bottom. This or close to it. If the Trillium warrant doesn't mature the PPS will recover all of these losses in my opinion. And then some. Without that warrant this will go to .12
3A's shares are par value .01 so they won't be selling much lower than this. Of course, if $UNQL doesn't redeem the Trillium warrant that's a different story lol. Remains to be seen if they will do it. We have all this month to find out. If they fix that problem the stock will recover nicely
Dilute this dilute that, end of the day you have a company that makes money, earns a profit and discounts their own shares cause they are newly listed. I say wait around until u see dirt cheap shares, and buy em. Don't buy today's prices cause these clowns are short. Wait and let them give you shares for free. Become Warren buffet, make more money than this idiot CEO. Watch him destroy his own price per share through incompetence and then reap the reward. This guy is a joke. No reason why we shouldn't get paid while he realizes how stupid he is. That's just my opinion. Burn it down to .001 all the better I'll buy more.
That shit don't matter, the truth is now the same as it has ever been
Warren buffet made 500 million in dividends on coca cola stock while the CEO made 10 mil in compensation. On one hand it looks like we are getting shafted but when you turn the other hand over, truth is, investors will make bank here. All u have to do is buy the dip. These guys have some TEMPORARY roadblocks to a higher pps. Trillium and 3a they don't go long. What they have accomplished here is a lower starter position for investors and that's ALL THEY HAVE DONE. THATS ALL THEY WILL CONTINUE TO DO. In three months this is easily .07 to .12--- $UNQL is not stupid. Short this at your own peril I'm long.
Really the only reason this stock is being suppressed right now is because of 3A capital and also the Trillium warrant which matures Oct 6th. I do not believe they will let that warrant mature because the share price is already defeated by the previous dilution. This stock is more beaten up than a .50 cent hooker on Las Vegas blvd... it wouldn't take much to reverse this situation. Unfortunately 3A will be here dumping for at least two weeks. I imagine we will here about some relief and a reversal will hit soon though. This is way over extended in the wrong direction.
There is support because 3A is only making money above .01 which is the par value of their exchanged shares. They have to hit 1 million. So keep in mind they will not be selling much lower than this. The floor is already here, in order for then to hit a milly they need to allow the pps to remain around this level. I would say look for anything here or below and buy it. The Trillium warrant won't mature because if it did, they would disclose the raised AS. WHICH THEY HAVENT. That trillium warrant is null. 3A is owed 1 mills on shares par value at .01 they need the pps to stay healthy. I'm looking for .02 to add- I am very selective with my next bullet. This month is going to be good. In spite of the current narrative I believe this is still a good investment. I am targeting .12 following disclosure that the Trillium warrant for Oct 6th was redeemed. Following that I see Asia pacific on the horizon
It will go back up some day. Haha we're all getting the shaft but remember. It's UNREALIZED - Don't sweat it. Company is at least making money if they want to have a stock worth ANYTHING at all they will have no choice but to address the diluted float. Otherwise no amount of shares ANYONE owns will be worth Jack SHIT. CEO'S shares won't even be worth a roll of toilet paper. Preferred shares? Not worth the dirt on my shoe. Your shares my shares, everyone's shares. These idiots are simply ruining their own shot at being a decent comeback story. Right now the laughing stock of the entire OTC. EVEN OPTI TRADES HIGHER.
If they acquire Asia Pacific it could turn around on a dime. I have a feeling the Trillium warrant won't mature. The silver lining is, the more beat up this gets, the greater the surprise is when they fix dissolve the fear controlling this right now.
Got curious so I looked up the origin of the term "Laughing Stock" Webster said see example* $UNQL, Trillium, 3A Capital --- true story.
I'm still not done accumulating. But I am going to wait until I get the cheapest price imaginable. Up down, sideways none of this matters to me right now. Eventually they will have all of these clown lenders off the books and then it will move, if I wait long enough to fire another bullet I will have the right cost basis in check for when this recovers. For now I say, BURN IT DOWN.. The only people who will suffer are those penny flippers with a two day hold range, and they're no better than Trillium in my opinion. I'm willing to bet they leave the float at 800 mil and no warrant matures. They've been good about filings thus far.
If I never here the word "Trillium" again in my entire life it will be to soon. LOL
Some perspective here is overdue. When they raised the AS to 800 mil it was already announced in a previous filing as a part of the merger plan. They have not disclosed any intention to raise the Authorized shares higher than 800 mil. If nothing else UNQL has been transparent in that regard. I'm speculating here but perhaps they have no intention of allowing the warrant with Trillium to mature. We have all of September to cross our fingers there and find out if they clear that warrant off the books and I'm cautiously optimistic they will do so, because if the warrant matured, the Authorized shares would be less than the outstanding and it clearly states at no time will the outstanding shares exceed the Authorized shares. Again, they raised capital June 23rd when they issued 60 million shares and that's closed. They have that equity, they are sitting on it or they have used it and not disclosed, meaning the warrant is already cleared. Something is likely being worked on here to save this. Cautiously optimistic but not expecting much. Staying long in September hoping Like he'll 3A gets out of their 25 million shares within two weeks.
Maybe they will deliver a surprise and reveal they've redeemed the Trillium warrant using equity from their last public offering. If they do that, I think shareholders would come back and we could make some gains. The option is only 1.1 mills right? They should consider the fact that they can raise far more capital by allowing momentum to take hold in the PPS for as long as possible. Once the gains hit that's when you do the offering. Issuing shares down here all you are doing is making yourself look bad and ruining your chance at any equitable return on raising capital. Sheesh