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Without me here to encourage healthy discussion with facts, it just kind of dies, lol. But I'm just keeping to myself so whatever happens can't be attributed to my posts. I do have some fun facts though, once we have established that I am not a variable where volume or share price is concerned.
Thanks.
Isn't tomorrow the Canada vote to legalize? If it goes as expected, we should get a nice bump from that.
Looks like 210 is the new 200. That's ok, next week 220 will be the new 210!
Thanks. This looks like it is setup to run nicely up to 200 over the next month or so.
Buy some calls! My July 20 185 strikes are up almost 30% since I bought them yesterday morning.
I don't want the stock to go down. I want to see what management does. It would be really easy for me to say I owned shares if I wanted to bash the company and justify it.
Just as I didn't wait for it to get to the bottom to get out (because I saw in the fins that the company was making mistakes, or worse), I don't need to wait for the stock to recover to buy back in.
If I got back in it would be based on the fins proving that the company has made choices that add value to the company. Not because the share price started to climb.
And I'm definitely not letting my money sit here while I wait and see.
I'll stay quiet for a while unless addressed by name. Good luck to everyone.
I'll do just that. Nothing like fighting corruption with passive silence.
GLTA
I was invested here for a year and a half. If they do manage to reverse the damage they have done I will reinvest. I follow the boards of stocks I'm invested in and a couple that I keep on the radar, including this one. They have lied to investors consistently for at least two years. After watching 20k in profits disappear in one day due to their remarkably bad management decisions, I intend to see how this plays out.
Even those currently invested don't trust management. They are just too far under water to bail now. They are hoping that the market makers run the price up so they get get out green. Read the posts carefully...nobody that bothers to look at, or knows how to read the fins is touting the stellar performance of management. They are relying on share price manipulation to work in their favor and save them.
Sorry, I ran out of optimism here in February. Since then, my suspicions have been supported by the company's actions (or lack there of). They can still turn it around if I'm wrong. They may even be able to turn it around if I'm right. We will find out by October. I hope they pull it out.
Yeah, that's what I was thinking too. But they should still have to notify shareholders of the vote I would think. Hard to find any detailed rules and regulations on the matter.
I've been trying to figure out if there is a way for them to do that for months. Everything I read says a shareholder vote is required. But otherwise I have no idea what they do about the debt. I guess time will tell! About 5 months to be exact.
I wouldn't doubt it. They are gonna be really scrambling if this closes over 210 today! Although it wouldn't break my heart to see some better volume.
The worst-case, but more plausible with each quarter, is that the entire focus has been on getting those shares to the "lenders" to be converted into millions of dollars (between 9 and 18 million dollars so far). Once that is completed, which is this month give or take a few weeks, the company/books/financials/share price/share holders are left in ruins. Once the shares are converted, why would they care what happens to the share price? 9-18 million dollars for 2 years of work will be considered a success for the golf buddies that split that money up.
Worst part, it's probably not even illegal. Now some of their actions probably push the limits. But taking stupid loans and paying them back with convertible shares in itself is not illegal. Immoral, unethical, dishonest to shareholders, yes. But probably not illegal.
Where we (shareholders, not me personally) are today is almost at max shares, several hundred thousand in debt, stagnant or falling revenues and no working capital because it has to be used to pay the debt once shares are exhausted. Maybe they have something ip their sleeve, otherwise this share price is imploding in October if not sooner.
At a point late last year, all they had to do was not screw it up and this thing would be at least .05-.10. That additional debt for absolutely no good reason completely screwed everyone but Common Sense Holdings, and anyone getting a kickback from that.
I'm sure there are some out there shorting it, but there is no way I would short this stock where it sits right now. It's just building up for a run to 240+.
I think that's what he was trying to say, lol.
Lookin' good!
Did I just see 2m come through in a matter of seconds and knock it down to .0079 bid?
Thanks. After looking at the chart and the really strong numbers here, I was surprised to find such a quiet board. Looks like it's ready to continue running upward!
Getting in here tomorrow, looks like a good entry.
Agreed. At the rate they were issuing to lenders (30-50m/month) they should have used up the remaining 180m that was reported on their last fins. That should leave them with several hundred thousand in debt and no shares to pay it with. Fins due by July 15 which probably won’t tell us much (their quarter ended this past Thursday, may 31). Just the remaining debt and shares. It’s the fins in October that will hopefully tell us what they are doing about the remaining debt.
As a disclaimer, I no longer own any shares here so a few of the posters disagree with or disregard my input. There are plenty still invested here that might offer alternative thoughts.
They should be about out of shares. The question now is how to pay the remaining debt.
It took a while in my phone, but I did find the pet meds. It was in a drop down under cbd products.
What does that have to do with me asking him what his post means?
I'm lost?
Gummies pps value potential =
gummy sales 'greater than' pps
gummy cost 'less than' pps
gummy revs 'not equal to' pps
gummy hype 'no idea what you are trying to say here' pps
?
Blue crush is part of ubqu. So if they are paying debt @.001/share and then buying back the shares at .01, there is a serious problem. I wish they would be audited.
Yeah, there is a lot of unexplained reasoning behind what's going on here. The only explanation is that they prefer for Common Sense holdings to make the profit from the shares. Otherwise, why not issue the shares themselves and pay off the debt with the proceeds, leaving a nice bit of capital for ubqu.
Yep. They may have a few left but it can't be many. May have saved enough to try to keep the volume "normal" until they get more. Otherwise, we will see a lot of <1m volume days as the price slowly declines.
Fins in July will tell us. I'm sure they show very few available shares. I doubt there will be an indication as to how they will pay off the remaining hundreds of thousands in debt (Which has to be paid off in 2019 at latest).
So glad I don't have to sit around being terrified of the next 2 fins. And hey, if they managed to do something right, like paying in cash, I can always jump back in down here!
As recently as yesterday they were increasing the share count with conversions. They average about 50m converted shares/month. A buyback would be a complete reversal of everything management has done for the last two years.
Anyone order the gummies?
"THIS IS AN EXCLUSIVE PRELAUNCH & QUANTITIES ARE LIMITED!"
Lol, we know what that means.
My guess is that because of the self imposed deadline (and maybe being called out on it), they will now list the gummies on the site even if they aren't ready to ship. May or may not say "coming soon!" or "out of stock", but most likely will not be ready to ship. Otherwise I'd imagine that little slip would not have happened this morning.
Anyone wanna make a bet on when the first ones will ship?
I bet somebody was getting yelled at this morning over these gummies, lol.
Well, today marks the end of their opportunity to get it right for a change. And even now they have no idea when it will actually be released. I can not even begin to describe how good it feels to know that my money is no longer in the hands of these guys. Two years I have watched them fail to meet their own self imposed deadlines. Someone should buy the company and replace everyone responsible for the continuing let downs.
"Denver, CO, May 01, 2018 (GLOBE NEWSWIRE) -- Ubiquitech Software Corp. (OTC: UBQU), through its operating subsidiary HempLifeToday.com, announces the imminent offering of its newest CannazALLâ„¢ CBD product derived from legal Hemp. The New CBD Gummies will be available on the www.HempLifeToday.com Website by the end of May. The Gummies will come in a variety of delicious and popular flavors. The company, which has been in product development over the last several months, intends to announce more exciting and healthy CBD products in the coming weeks."
My guess would be early July. In the weeks leading up to the next fin release. But of course that's just a guess.
I think the volume has been a consistent 2.5-5m/day for a while now. Only 3 days in may were over 9m. And only one of those was green.