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Great job! Enough is enough. Hopefully he will wise up, but who knows.
But it's got to be done. Longterm, only the strong companies will be able to make it to the market instead of a trillion companies of which 99% won't ultimately make it. The companies that do will give investors a much better much healthier choices going forward. And it would be nice for SH to actually profit along with the MM's. CSH's, mgt and all their friends and family.
Hopefully the Morning acquisition will be complete by the end of next week as expected. What a one-two punch that would be to have the audit done along with it.
Yeah, I agree. The money I have vested is now expendable so I intend to hold on until we either do well or there is an obvious fundamental breakdown. If next fins show again stagnant or decreasing rev's with Cryptobuy, Petmeds, and gummies still in limbo, then I may sell just out of principle. So the 3 month wait is on...tick tock.
I've been Long 15 months now and my main concerns are the stagnant, now decreasing rev's, additional toxic debt, lack of SH updates for months, and an OS of 800 million and counting. I think that's everything. Oh, and a CEO that apparently has a disdain for SH.
ps- A finally a pps that hasn't seen 0.03 since late 2016 or early 2017 and continues to retrace to sub penny levels
Providing points of view that I certainly believe are validated is not bitching, but providing a structure for other board members to expand upon be it negative or positive. I have personally benefitted from hearing both sides of the prevailing argument. Although some "bashers" may have an agenda, quite a few of them offer a compelling point/perspective. That in turn prompts me to investigate those points/perspective more thoroughly until I feel I've done my DD well enough to either reject or validate their positions for hopefully my own benefit. Negative constructive criticism is neither bashing or bitching, it's simply a tool used to stimulate tnought among other board members. Just because you amd some others on this board don't benefit from thought provoking conversation, doesn't mean others do not benefit. UBQU has problems. Those should be discussed right along with the positives UBQU has as well.
It's been a long haul and many of the Longs here have put their time in, so it would definitely be great to have the audit done and out of the way. Trying to keep my expectations low for today, but find myself continually looking at the clock for 4pm to strike.
And when the company doesn't respond after multiple attempts...then what?. What you are essentially saying is that ihub boards should only be for positive comments no matter how ridiculous? Are you for shutting down conversations that don't agree with your perspective? Sounds like you might have a freedom of speech issue. If one has a good arguement, point, or perspective regarding a stock, I for one would like to hear it. Isn't that what these boards are all about??
It goes to show how bad things have got around here. Well, today being both Friday and 4/20, maybe, just maybe we'll have something good waiting for us after close. My fingers have blisters from crossing them too much. Might have to switch to my toes!
Yeah, can't blame him.
I did...for what it's worth, GO UBQU!!
Nice to see you Champ! Was just talking about you.
I love posts that offer no insight whatsoever, both good or bad. UBQU is in trouble boy.
Exactly!! Making money in and of itself is simply not enough, especially with stagnating rev's and now decreasing rev's. Ballas needs to convey to SH what's been going on with the company the last several months. I agree he stopped doing so because the answer is probably damn scary.
I had alot of hope in the company, but to have topline retreat this quarter and last few quarters has been steady without significant growth is a disturbing sign. Then add the name change debacle, lack of Cruptobuy news, more debt, huge money being spent God knows where, and the big picture is looking more bleak than bright
Decreasing rev's Dave. Please explain why the rev's are worse yoy and qoq. Make it a good explanation that actually makes sense, and I may even be swayed. Set. GO!!
Never said sell. My point is to counter the nonsense to da moon speak with reality. I don't care what you do with your shares. I haven't sold one share, but I'm prepared for this to go to $0.00 or $100. But hailing Ballas as a hero...please.
But both scenarios reveal failing companies, and the pps suffers either way. Just because one company isn't failing as fast as another, doesn't mean the one taking it's time won't get there soon enough. C'mon boy, think.
Yeah, they were awesome. Kinda like getting a $1000 paycheck steadily, then all of sudden, you start getting $750 a paycheck. You're right, everyone is happy when that happens. UBQU is in trouble. Decreasing revenues in an explosive market. Our big brother is constantly putting out PR's of record rev's coming in, but you go on thinking that wosening rev's are a great sign that a company is doing well.
Very disappointing fins aside. The next fins will either confirm this to be a diaster or just a bad quarter. Although I'm not optimistic, Cryptolie may actually be out by then. As I predicted, Petmeds were a non-factor as well as Cryptolie in these fins. Must be psychic or it was just that easy to deduce.
Anything is possible, but those fins were a mess124.
4/20 2017 was pretty much a bust. Don't buy because of an arbitrary date. When and if Cryptolie comes out, maybe that will help, but if it's anything like the name change debacle, watch out below.
So, you don't like reality...gotcha.
Just keepin the cheerleading real. New investors should know what they are getting into with UBQU. It's quite sad. The company had the tools but managed to make a mess of it. Also, I want to make it hard for you to flip...just as a bonus reason to call out the issues here.
Laughable! Notice how they didn't mention rev's are down by 200k from a year ago which stops dead in its tracks the double digit rev growth yoy. We are actually worse off than a year ago in an explosive CBD market. OS nearly 800 million and less rev's. UBQU is so far short of expectation you would need the new James Webb telescope to see it...due to launch this year. Much more exciting than this debacle.
Bingo was his name-o. Ballas is literally screwing up the one division of UBQU that is making money. I have to sadly chuckle at the folks that were calling for 1.5 million in rev's and beyond. Sadly, I was right again and the market apparently is showing it's disdain.
Revenue going backward. Going to be hard to keep up with big brother when you're losing market share. Ballas is way behind in this race.
Funny, I checked it just before posting. So q1 rev's 1 million, which is far less than my conservative prediction of 1.3 million. Folks, we are going in the wrong direction! Something is wrong with UBQU. We are losing market share??
Is anyone other than me a bit concerned we've had a yield sign all week and fins are nowhere to be found??
It's definitely hard to get to 100k shares and beyond on the big guys without spending serious money on a pretty risky bet. That's why I sold off. The pps would have to get pretty high to make any serious bank. The key has always been to find great companies early like our MGC, but of course the risk goes up dramatically. Do you plan on talking with Ron today?
No, it wasn't me. I had it for higher but sold out last year. MGC will be our Aurora, but much much better!!!
#MGCAUSSIEGOLD
Yeah, no kidding. HLT has the right stuff. Release the power already and stop screwing around. It's all about execution and nobody cares Ballas did infomercials. HLT...we have the meats!!!
I remember that SH update very well. Man, those were the days...
You crazy girl!!! Actually, I think it's a great plan! I would be happy with 500k in MGC!
It's so hard to not do daily checkups with these stocks. Apple or Google, yes, but here in the wild west of the OTC, you have to watch these things like a hawk!!! I want to hold until 2021 and beyond. I gained alot of patience holding BAC since 2008 through the dark years, kept buying, and now reaping the benefits over the last 18 months. However, if our little baby grows up really fast and hits >$3-4, I might be tempted to sell half.
#MGCFORABRIGHTERFUTURE
It's pretty bad when they were actually better a year ago then now. Normally mgt gets better with time and experience, whereas Ballas continues to worsen. I hope he didn't develop a drinking or drug problem. I honestly can't think of why his ability to navigate the company is worsening. Getting fins on time was a given in the past, now mothing makes sense.
It's complete BS but par for the course, especially with the OTC market stocks. The pps will stagnate for a long while then blast off for a few days to a few weeks, then back down it comes. Kinda like our run to 0.17. Didn't last long and was great for anyone who traded that run well. As a LT holder, I just sit back and monitor the fundamentals. As long as they are good, I'll continue to hold.
#LONGLIVEMGC
It's almost as if he likes sticking it to SH. I have felt for some time he's not a big fan of SH and seems to have distanced himself even more so over the last 7-8 months. Maybe he is doing well personally from the earnings and doesn't really care what the stock does. Just using my gestalt on this.
He didn't last year. Why post late and make the stock look worse than it already does??
I see the MM's are doing what they do best. Goes to show even with fantastic news in the MJ world recently, they can still manipulate the heck out of these stocks. No matter, MGC will prevail!!!
MGCNOWANDFOREVER