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Lol, I need this job.
http://prntscr.com/mkuvpf
If I knew it was getting repaid with shares valued at .001 that could be sold for, at today's rate, double their value...yes I would loan them money. In fact, that seems to be the only way to make money here.
It should be against the law what they are doing.
UBQU has been hitting all time lows for weeks/months and all i see is trapped gamblers trying to convince themselves and others that it's a good thing...lol.
UBQU has been hitting all time lows for weeks/months and all i see is trapped gamblers trying to convince themselves and others that it's a good thing...lol.
I'm not in. I got out a year ago when a different group was saying how accumulation was their signal to buy at that time. It's currently worth 2% of what it was when i got out.
But I'm sure you're right. The volume jumped from 2m a day to hundreds of millions a day for no reason other than dilution and the "smart investors" chose that exact moment to start accumulating.
If you have been honest all along, you should be down like 80% right now. And begging others to follow.
There is not one F'n fact in all of your BS posts.
Ballas will announce that they are considering that as soon as everyone else in the world has a huge head start. Probably after a few press releases telling investors that they have their own plan that doesn't include beverages.
He spent 2 years telling us that SEO wasn't important.
Par is .0001. Or it was on previous conversions anyway I believe.
Tax write off.
Feel free to search my name on the board and follow my progression from invested firm believer in the company to disappointed realist with the ability and incentive to actually read the fins and gain an understanding of how this company operates.
Somewhere around January/Feb of last year was where it all changed for me, and every prediction I made during that time has come true.
Before you guys get all excited about the name change saving you, click the links below for some perspective, and some insight into why many are not convinced.
2016 name change search
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=26288&srchyr=2016&SearchStr=name+change
2017 name change search
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=26288&srchyr=2017&SearchStr=name+change
2018 name change search
https://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=26288&srchyr=2018&SearchStr=name+change
They are being run by an evil genius or an evil idiot. We wont know until he retires or goes to jail.
The day I realized what they were doing was probably one of the most disappointing days I have had as an investor. I couldn't believe what I was reading. I guess that's why I still check in sometimes, a year later and I'm still baffled by their choices.
I'm sure I posted nearly exact messages back in 2016, 2017 and early 2018. I still have some of their products in the cabinet and use them occasionally.
The company is definitely real, the products are real, and good. It takes a lot of effort to make something like this a bad investment.
And yet here it is. Unnecessary, exorbitant debt being paid off with your money.
That is a real possibility. It often pops nicely for a day or so. A smart trader would take that and run. I wouldn't let profit sit here overnight at all. At the very least recover initial investment and let the rest be the gamble. I'm telling you, this stock will draw you in and drain you. Because there is always that "hope" that it could go sky high and make life changing money for investors.
The people i have seen make money here are the traders that get out fast on a nice occasional pop.
No, I got out when they acquired more debt for Cryptobuy.com at the same conversion rate even though they had enough cash on hand to pay for it outright, and enough collateral to get a traditional loan with reasonable rates. That's when it became obvious what Ballas was doing so I ran for the hills, having watched all of my profits disappear a day earlier. I basically broke even after over 12 months invested and having been up 300% at one point.
I do still watch the company and read the board sometimes on slow days, and occasionally comment (obviously) to call Ballas out on his BS. I used to think if it dropped this low I would consider getting back in, but I can't bring myself to invest 1 penny (or .0003 of one penny) into a company run by such a corrupt PoS.
Time will tell if your gamble pays off. As for the other stuff I mentioned, it's in the books. Indisputable facts. Available to anyone that wants to look at the fins and see what they are actually invested in.
That "hope" is the absolute worst reason to be invested in a stock. If you can't name one reason why the stock would move up, you are gambling. Nothing wrong with that, but don't confuse it with investing or even trading.
What would make the demand outrun the seemingly endless supply here? Even if the name change is real this time, billions of shares are now stockpiled by market makers and will have to be put back into the mix if this stock starts to move upward at all. Those 5 billion shares that have been introduced recently did not land in the hands of long term investors. They are there, on the sidelines, waiting to be moved back to where they belong, in the hands of actual investors, should that demand ever become feasible.
If you read the Fins, it is clear that Ballas is acquiring unnecessary debt to be paid off with convertible shares at a rate of .0001. He then pays the debt with the shares, they sell them to the MMs for a huge return (even now it's 300% return).
Consider all of the projects that were used to justify the loans, and the projects never went to completion.
Cryptobuy.com was a notable one, and the millions they spent on HLT website development, but there have been 4 or 5 over the last couple of years.
It should, and may, be a crime. It is definitely deceptive and it is costing investors (stock holders) literally millions.
Don't worry, they will find a new project soon to justify more loans and excite a new batch of victims.
It's dropped from close to .03 to .0003 in the last 1-2 years. Predicting that with all the dilution it will soon take out those last 2 points is not much of a stretch. This is the third iteration of the name change scam. Not to mention all of the other fake boosts Ballas has thrown in there. Evidence pointing toward further decline is abundant. Any other prediction is purely hope for it to overcome the odds.
Facts are a bit too much for some of the folks on this board. You could post an actual chart and be called a troll. Anything besides "Despite all evidence to the contrary, this stock is going to the moon!" makes 'em cry.
It’s being walked down by the billions of shares being dumped into the market. The little support it has had so far was the mm’s controlling the decent. Otherwise it goes to .0001 immediately.
I have to head out after this but I'll be very specific this time.
They are borrowing money for fake projects and paying their friends (the note holders) with convertible shares and getting a hell of a pay off for it.
What's filed is more than enough to know exactly what they are up to.
I have spelled it out so many times. I will give you a brief rundown and you can verify it by reading the last 2-3 years of fins.
They create a phantom project (Cryptobuy,com, new products that don't happen, new departments that don't happen) and they borrow money for it to be paid off with convertible shares. When I stopped tracking it they had borrowed around a million and paid it back with over 10 million in shares. And that was about a year ago.
The financials are available to anyone willing to take the time to read them. I'm sure if you search my name on this site you will find detailed research I have done, along with predictions/best guesses, that it would end up right where it is now.
Not sure how everyone else knows, but I know because it's in the financials.
That's less than an hour of trading at the current rate of dilution.
Lol, such a good answer I edited my post.
Checking back in and I see it's in the .004s! wth
JSmash said he ordered some. That's the only one I'm aware of.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143037073
Still no gummies.
Yeah, if they follow through on any of their promises they might take off again. Something to restore faith in the company would be huge right now.
Yeah, this stock is dead. Market makers are propping it up for some reason, but there is zero interest in owning shares. Once they announce more available shares to pay off remaining debt it will drop to Par Value of .001 and disappear into the ether. I'm not invested here any longer, but for the sake of those that are I hope the perpetrators of this crime serve time.
I'm on the "investors" page. Although I have yet to see one investor on the page. Asked what they thought of the fins and not one person had an opinion.
Lol, I see we are both on the facebook group.
Nice. Can you post a link to order them? I've been looking and can't find it.
Thanks
Could have been site admins. It's always been hit and miss with IHub.