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Yes, and that is short term. Much more for those willing to wait.
I don't see CFGN, and VNDM is at .10. TDA goes through CDEL a lot.
I have no doubts about that. We are so undervalued here, it's ridiculous. A golden cross is coming too to confirm how strong the upward move is going to be.
MJ Stocks: What you need to know:
Currently, valuation is an average of 35x sales: http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/. If you are in a shell play, get out and get with a company with actual revs that are growing. Take UBQU, for example: If they match revs from last quarter (let's round it to a million dollars), $4 million annual revs x 35 = $140 million. Divide that by the o/s (rounded to 100M, although float is only 46M), and we get $1.40 per share. Don't laugh. CANN is now at $4.82 with less revs (meaning they are trading at more than 35x revs) than UBQU and losses (smaller o/s of 15 million). $1.40 is not unrealistic, especially since the company stated they expect to TRIPLE sales next year! $12 million revs x 35... we could be looking at a $5 stock next year!
I believe the only reason the stock hasn't caught on or caught up to fair valluation is the company's name (UBIQUITECH SOFTWARE CORP) makes people think it's a software company. Name change to HempLife Today and ticker change are imminent (awaiting FINRA).
MJ Stocks: What you need to know:
Currently, valuation is an average of 35x sales: http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/. If you are in a shell play, get out and get with a company with actual revs that are growing. Take UBQU, for example: If they match revs from last quarter (let's round it to a million dollars), $4 million annual revs x 35 = $140 million. Divide that by the o/s (rounded to 100M, although float is only 46M), and we get $1.40 per share. Don't laugh. CANN is now at $4.82 with less revs (meaning they are trading at more than 35x revs) than UBQU and losses (smaller o/s of 15 million). $1.40 is not unrealistic, especially since the company stated they expect to TRIPLE sales next year! $12 million revs x 35... we could be looking at a $5 stock next year!
I believe the only reason the stock hasn't caught on or caught up to fair valluation is the company's name (UBIQUITECH SOFTWARE CORP) makes people think it's a software company. Name change to HempLife Today and ticker change are imminent (awaiting FINRA).
Don't believe me about how MJ stocks are valued? Here's an article that will confirm that the average valuation is 35x sales (some higher, some lower). That means for UBQU, if they match revs from last quarter (let's round it to a million dollars), $4 million annual revs x 35 = $140 million. Divide that by the o/s (rounded to 100M), and we get $1.40 per share. Don't laugh. CANN is now at $4.82 with less revs than UBQU and losses (15 million o/s). $1.40 is not unrealistic, especially since the company stated they expect to TRIPLE sales next year! $12 million revs x 35... we could be looking at a $5 stock next year!
http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/
UBQU best MJ stock on OTC. Here’s why:
Real products (great reviews from those who’ve used them) with new products being developed.
Almost a million dollars in revs in the third quarter alone and growing rapidly (average price to sales ratio for this sector = 35x due to greater than average growth rates: means UBQU could be fairly valued at 1.40 [using round numbers: $4M annual revs x 35 P/S divided by 100 million o/s] if next few quarters remain flat, which they won’t). For comparison, CANN selling at over $4/share with fewer revs and showing losses (15M o/s).
Over $81K in PROFITS third quarter (most MJ stocks are being valued using price/sales ratios at this time due to it being a relatively new sector).
Low o/s less than 100M, float 46M.
Company on a great growth trajectory.
Currently setting up international sales distribution of their high quality CBD products.
Name and symbol change any day now (awaiting FINRA) to HempLife Today. Greatly needed since I believe share price reflects most people think UBQU is a software company. lol
Chart shows we are gearing up for a HUGE move to the upside:
UBQU best MJ stock on OTC. Here’s why:
Real products (great reviews from those who’ve used them) with new products being developed.
Almost a million dollars in revs in the third quarter alone and growing rapidly (average price to sales ratio for this sector = 35x due to greater than average growth rates: means UBQU could be fairly valued at 1.40 [using round numbers: $4M annual revs x 35 P/S divided by 100 million o/s] if next few quarters remain flat, which they won’t). For comparison, CANN selling at over $4/share with fewer revs and showing losses (15M o/s).
Over $81K in PROFITS third quarter (most MJ stocks are being valued using price/sales ratios at this time due to it being a relatively new sector).
Low o/s less than 100M, float 46M.
Company on a great growth trajectory.
Currently setting up international sales distribution of their high quality CBD products.
Name and symbol change any day now (awaiting FINRA) to HempLife Today. Greatly needed since I believe share price reflects most people think UBQU is a software company. lol
Chart shows we are gearing up for a HUGE move to the upside:
UBQU best MJ stock on OTC. Here’s why:
Real products (great reviews from those who’ve used them) with new products being developed.
Almost a million dollars in revs in the third quarter alone and growing rapidly (average price to sales ratio for this sector = 35x due to greater than average growth rates: means UBQU could be fairly valued at 1.40 [using round numbers: $4M annual revs x 35 P/S divided by 100 million o/s] if next few quarters remain flat, which they won’t). For comparison, CANN selling at over $4/share with fewer revs and showing losses (15M o/s).
Over $81K in PROFITS third quarter (most MJ stocks are being valued using price/sales ratios at this time due to it being a relatively new sector).
Low o/s less than 100M, float 46M.
Company on a great growth trajectory.
Currently setting up international sales distribution of their high quality CBD products.
Name and symbol change any day now (awaiting FINRA) to HempLife Today. Greatly needed since I believe share price reflects most people think UBQU is a software company. lol
Chart shows we are gearing up for a HUGE move to the upside:
This stock hasn't even warmed up yet. lol
Kind of a misshapen cup and handle plus a golden cross coming up in the upcoming weeks = HUGE explosion on the horizon, imo, in order to take us closer to fair valuation. We are nowhere near close!
Yep... and that's why I just added.
Thanks for adding that. Amazing opportunity here! Could very well be a life changer for many of us.
UBQU best MJ stock on OTC. Here’s why:
Real products (great reviews from those who’ve used them) with new products being developed.
Almost a million dollars in revs in the third quarter alone and growing rapidly (average price to sales ratio for this sector = 35x due to greater than average growth rates: means UBQU could be fairly valued at 1.40 [using round numbers: $4M annual revs x 35 p/s divided by 100 million o/s] if next few quarters remain flat, which they won’t). For comparison, CANN selling at over $4/share with fewer revs and showing losses (15M o/s).
Over $81K in PROFITS third quarter (most MJ stocks are being valued using price/sales ratios at this time due to it being a relatively new sector).
Low o/s less than 100M, float 46M.
Company on a great growth trajectory.
Name and symbol change any day now (awaiting FINRA) to HempLife Today.
You should definitely PM people who want the info and share the word on UBQU. It's the best MJ stock out there at this level based on fundamentals, products, growth, and share structure. Unfortunately, the company name and ticker symbol are not helping us get found, so word of mouth can help!
Knowing what you own is the first rule around here. This is typical for a Friday without news. ABCE primed for a run... and with such a tiny float, it will move very hard and very fast.
See you all Monday!
Kind of an anticlimatic close, but not a bad day overall... and tomorrow is another day!
Awesome! Nice to see you here, Cheds!
You are right. A pinkie with profits is an extremely rare find! I think the name and ticker change will help greatly because a lot of people can't tell from the current company name or ticker that this is an mj play. There are lots of ways to value stocks, so that's more complicated to answer, especially since this is a relative startup with a lot of growth potential.
Haha... I was thinking the same thing. It's always a good sign when gonz shows up!
Exactly! UBQU is extremely undervalued is the point. And with such a tiny float, it will move lightning fast with volume.
cj pointed out market cap, not revenues. UBQU has more revs and shows a small net profit compared to CANN's huge net loss. CANN shares are $2.32. UBQU is .017. Try to make sense out of that! cj was showing the market cap for both CANN and UBQU are way out of line... CANN's is too large and UBQU's is too small.
I agree!
52 week high is actually .45
Yep, agree!
A penny = $400k market cap = ridiculous!
Right? lol. Some people just don't know what they're holding so churning at a penny is normal status quo around here. lol. If people knew how few shares there are of this severely undervalued company, they wouldn't be giving them away for practically free.
Nice call on ABCE, bb!
VNDM now at .08. It looks like selling is done, which means large blocks is going to get harder and harder with such a tiny float.
There's the penny. VNDM had 10k shares... lol!
Market cap at a penny is $400K. They did a couple million in revs last year. A dime takes the market cap to $4M. That's more than reasonable! 52 week high was .45 with only a few million shares less outstanding.
Why is it a stretch?
Yep, I think we break a penny today... which is actually nothing compared to where it should be.
52 week high .45. The only reason it's down this low is conversions were occurring when there was absolutely no volume. There are only a few million more shares out from those tiny notes. We are due a MAJOR price correction!
It will fly... easily to silver imo.
Thank you. I look forward to hearing his response. I've been a little out of commission (prayers are appreciated ), so not up to speed on the boards. However, I'm positive we will see a price correction in the near future. Not worried at all.
I was in a couple of plays just like this over the summer: notes converting on an undiscovered stock driving price down to a ridiculous level... then HUGE correction due to being severely undervalued and tiny float!
I agree... and the 27th is just 2 weeks away!
Got a position today. Looks like we are coming off bottom. 52 week high .45. I know there are a few more o/s, but still crazy low number.