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It's just a message board as someone mentioned to me once.
But I skimmed over the 10Q, pretty nice...
https://www.otcmarkets.com/stock/UCPA/disclosure
Letter from the Chairman of the Board
We hereby file the UCP Quarterly Report for Q2 2022. The complete report can be viewed here. In addition to the report, we
want to highlight the following in the UCP group development.
Net revenues
Net revenues the six months ending June 30, 2022, are up 12% compared to the same period last year. During the three
months ending June 30, 2022, the net revenues are 5% higher than the same period last year. The first quarter of the year
the net revenues were 23% higher than the same period last year, as many new clients (+13) came onboard during the first
quarter. In the second quarter the Company has also successfully sold many new projects and services to current clients as
well as entered contracts with several new clients (+6). The Company is increasingly selling tech, research and analytic
projects, digital solutions, and digital specialist services to clients. We have recently recruited a Nordic Sales Manager that
will start in September and strengthen our sales team.
The ongoing war in Ukraine and the increasing inflation has to date not had a significant impact on the Company’s business
or on most clients’ marketing budgets, even though it has had significant impact on a few of the Company’s clients. The latter
mentioned clients are experiencing shortage of supply of material for production of its products and/or distribution
challenges and hence these clients’ marketing plans have had to be adapted accordingly. We foresee that the high inflation
and the challenges in the global economy will increasingly affect our clients’ marketing activities. We are well equipped for
the future and have incorporated the expected tougher market conditions into our business plan.
Gross profit and result of operations
Gross profit has increased 6.6% the first six months of the year compared to the same period 2021.
The operations generated a profit of $509,000 the six months ended June 30, 2022, compared to a loss of $366,000 the same
period last year. The main explaining factor for the increase in income from operations is that the selling, general and
administrative expenses of the operations have decreased 30% year to date compared with the same period in year 2021.
The review of our organizational set-up and staffing conducted the second half of year 2021 resulted in a decision to have a
smaller top management, to clear out parts that were not profitable and to review our overhead costs, which has resulted in
significant savings this year. The selling, general and administrative expenses share of net revenues is 6.4% the first half year
compared to 10.4% last year. We will invest a part of the made savings in the second half of the year for new hires of top-of-
the class resources to meet the demand for specific digital services and strengthening our offering as well as to ensure we
have sufficient resources to secure delivery of our services to our clients as our client base is growing.
Profit before taxes and minority interest
Profit before taxes and minority interest year to date is $416,000 compared to a loss of $474,000 in 2021. The profit available
to shareholders by June 30, 2022, is $372,000.
We will continue our core business objective of contributing to our clients´ attainment of their objectives through efficient
and creative solutions granting a good return on their marketing and media investments. It is our firm belief that our chosen
strategy will ensure the Company’s continued growth and profitability. The powering by Making Science has strengthen UCP
and its subsidiaries and given the group a competitive edge in the market. It has also contributed to the fast competence
enhancement of our business and our staff. We can provide clients with top level tech and digital consulting for marketing
and media as well as with top-of-the-class traditional media services.
New York, USA, 15th of August 2022
Curious, do you know of another profitable OTC company with pps below .001, heck how about below .01? I actually might have 1 below .01, will see what it comes up once thier 10Q is filed. Trades super thin, but lack of liquidity can be a bitch. As with all stocks large and small, it will go and get pumped.
If you have one, please share and I'll give you mine, since I'm a curious fellow and play along.
Revenue hasn't increase yet, which is unreal, but new software, if they have been pursuing that route does take time to develope and then rule out, but this is a bit long.
Otherwise, there's some AR there that wasn't realized, so revenue was flat.
Also you mention S800 needs to be sold, but the overhead is not just from that, remember BYOC is a "holding company". And it's expensive to be an SEC filer otc pink company, which ultimately makes it legit and easier to make acquisitions and growth. As opposed to how many other otc pink companies which put out fake or stretching the truth news just for stock promotion purposes.
So as everyone sees, Sept 19th is key with the pre-trial and officially approving the motion that has been put in place. If that happens, that will further clean up the financials which has also been taking place for a couple of years. This has been communicated in prs and from the management, as well. So comparing financials from the past, a lot of clean up and operating expenses are going down.
Ultimately, with a lawsuit with they previous owner of S800, makes it hard to move ahead with the companies direction. So we will see what happens this fall.
Yes, dilution from Discover which we all already knew, but there not has-been much of an increase, plus Geordan and Peter took shares, as well as Electric Built.
They are being Pretty damn transparent if you ask me.
But they need to execute once that lawsuit is finalized, and I believe they will and "all the frustration will be worth it"
And I 100% agree with what was just explained, as I received them same info from George Pursglove himself... they had to find the best of worst ways to get financing for what they wanted to get accomplished. They lost the initial backing because at the time, Boustead Securities was chasing all the new Chinese companies that were coming to market, that trumped and there were no resources for what BYOC was trying to accomplish.
It's been a long bad series of chain of events.
Bottom line is Discover is in control, but things are looking much brighter.
Can't wait for what the plan here is.
Lol, hang tight, with this current OTC market.
We're not expecting much, as this really doesn't tell anybody anything about what the company plans are, other than a general statement about entering the EV space.
One post back, lol
Atlis Motor vehicles has raised from inception more than double that 13 million... in fact try 32 million and over 20,000 investors.
That might be a record for crowdfunding, although other companies like Glowforge raised almost that within only a month, but I don't know. Either way, it's a lot money and rather exciting what AMV has accomplished and thier plans for expansion. I own a few shares just to see how it all goes.
BYOC management team has been to Atlis, not sure if was because of Elettricars or something else... hopefully it is for future EV business of some sort, with Remo Weber leading the way.
Will see I guess, tomorrow for the name and ticker change to ?....?
Couldn't agree with you more and I've had the same itchy fingers! It's horrible...not retail friendly, but that's not surprising. As with you, if I have to close my position, absolutely no worries here, but I think there's upside here that's not priced in already, but could be. Dilution does such wonderful things, lol.
The somewhat good news here is Discover might be in the past now... but we know they like to hold on to companies.
Trend is up, but it definitely hits the cusp of changing, lol.
Fortune favors the reward, as Doris is fulfilling his words, so more on the way it seems. Today's 8k spelled out a lot and is needed before for the next filings.
Yes, very similar isn't it? The Ironclad contract strikes again... but who does it benefit besides Discover, hmm?
I still say "similarly", if they are doing that down here, this is the discount and those investors will want their money back... and the mark up will be nice.
With Camber 8k, wondering if a lot of the volume is dilution from the settlement with good old Discover and this other entity.
Thoughts?
I guarantee that he bought around .70 to take a position, along with his inner circle.
Either way at .88, his followers will still make out.
I bought in the 70s and have averaged up myself. If we gap Monday, I'll play that accordingly.
Hi Raw!
I said my piece on Twitter to them, and yes frustrated as we all are. Basically frustrated on all fronts all around and just choosing to stay away from posting on it, way to much negativity at the moment, in addition to from certain posters. I will say this... Danielle completed the word I was looking for from last week. Then they are getting cocky/ arrogant that the frustration will be all worth it. A penny minimum and they know it, and all of us in our group 100% agree.
Right now I'm focusing on my other plays such as CEI... of course like I said to War last week, "Discover" was involved with this company/stock a couple of years ago, so I recognized it right away. I actually first noticed this stock when I was researching Discover and naturally stayed away last year before its pop. Lol fkn Discover, but ole Johnny K. is smart!
Happy Easter Raw to you and your family!
Looking good for Monday, as there's a notorious Twitter guy named LadeBackk that just posted on it tonight, as many have been tragging him and Zach.
Go CEI!
Since I know you're a big fan, I'm quite sure you're happy with that tweet. GLTUA!
Buckle up, sit back, and enjoy!
Will see
I think Myth was referring to patience, but it's all good.
Thanks on the good words though, I look at my role on this board on this lovely website that I guess I don't mind since I post here....is to be the one who delivers some facts and data, with a side of rose colored opinions.
There's so much negatively, why not, but that's everywhere anyway.
Anyway, I'm fascinated with today's video... something in it that I do believe may just relate to the stock.
But at least BYOC or S800 is producing revenue, albeit at operational losses for now. How many other otc cos down here where we are can say the same, not many. Of course we're only down here because of one reason.
The MC currently is below the book value, imo.
It will be curious what is communicated this month, with retail getting a better understanding what they have up their sleeves.
However, as you said yesterday....
"Valuations are meaningless. Companies with 50 billion O/S trade with a market cap of 1.5 billion with no sales. How's this even possible.. Lol it's the OTC ."
Anything is possible!
It's their fiduciary duty as a BOD, or they go to jail. I would say to always buy stock in a good company that is diluting, because... the stock price will go up, might as well be fact, lol.
That other company should go to jail for what they're doing, but they're on the OTC
I got a bid down there to, GL to us both!
You know as well as I do, people sell at the 52 weeks lows, the same way those same people will chase and buy at the highs.
Not many selling anymore down here, I will agree there, but there are some.
Perfect time to load for us, insiders, and investors... when nobody wants it.
In your opinion, of course you'd say that. Lol.
I base my opinions on facts and data... and it's a fact that for legitimate, non- scammy stocks like BYOC, dilution is for something for the well being of the company, shareholders, stakeholders. Plus who doesn't like discounted prices.
I mean, you guys are still here for some reason, so you must believe in the management of the company and to have fun to trying to piss off longs to sell at the 52 weeks low.
Last night I was going to specifically post that either you or Myth were going to say that, lol. So predictable!
I just looked at that one and the pps and what transpired, omg. So sorry.
That is a very horrible stock, the history is there. It had zero bid everytime I looked, which I honestly thought would be safe to buy, as well... guess not.
You can trust that definitely won't happen here, not with shares valued at .01 for Discover. But I could always be wrong, lol.
BYOC has never done any split and I know some guys that would be extremely mad if that was done down here, omg.
Well, did you look at how many RS's that company has done this far?
Somebody compared that stock to BYOC on Twitter not that long ago, so I went and looked, omg 8X and not that long ago!!
Easy to find this info, so you only have yourself to blame for buying the POS.
Go to otcmarkets.com... then to Security Details... scroll to bottom to Dividends & Splits... then click on "splits"
Homework for you is go find and report back how many total splits BYOC has done?
On the 2 million Discover has given them in the last year, yes, equivalent value at .01.
But on this 1 million, it's a promissory note, due April 1st next year.
Back to the dirty word again, An RS affects everything that is outstanding with the company that they owe and shares that can be converted at .xxx price, would be my guess... it doesn't make sense any other way, because then that would breach contractual obligations.
No Discover is giving them another 1 million dollars on a promissory note that is due April 1st, 2023.
No conversion to shares valued at .01 this time, just a note, unless they default.
Yep, no conversion to shares! Which is favorable and NOT adding to the OS... and if there is a conversion, the shares have to be registered.
Perhaps if the promissory note isn't paid by next year at this time, then there will be conversion of shares, but who knows. Also why would they convert shares at .0002 when it's north of .01... they wouldn't. And that's why this note makes more sense, especially if Discover is already going to make a "sizable return" on his 200 million shares valued at .01.
So how will BYOC pay off the note next year, with 20% taxed on top of it for interest?
This again shows something seems to be on the horizon here, which will be favorable to us all.
Long is an understatement. And we haven't been in it as long some other people I know.
However, if played right...a lot of money has been made these past 2 years.
It's like I said from the beginning, the best case to covert at, is the lowest share price possible. The time when the last amount of retail is interested. Monthly dispersal started in July 2021 and goes until June.
Besides Discover, but BYOC has to be working with some $ investors in order to do all this andkerp pps low, so they/ Geordan ultimately have full control of the pps.
How bout option 4 with lots of volume down here like we had between .001-.002 to soak up rest of dilution....
If my math is sound...There's roughly 5.5 billion shares worth of Discover dilution still on the plate, or $1.1 million dollars worth at .0002, which is nothing in the grand scheme of things.
Then prs/ 8ks/ etc to kick things off, popping this higher over .01 to sell into on initial investments/ profit taking/ etc. Just like on the other pops. History will repeat here again!
That is of course assuming they have something juicy.
But what do I know with this burner account, buhaha
He doesn't technically buy them, these are shares that he is given from the company for his salary, so this adds to the OS.
So he could sell them down here, but then he would need somebody to buy them or at any pps, for that matter at whatever price.
He already took shares at .0004, and his salary in shares was announced back July 2021, so they knew back then, something was coming.
Otherwise, why take shares for your deferred salary?
I meant Electric built anyway, mistyped Elettricars, which I didn't understand how that would work.
If what they got going is good and major, the ones "in the know", such as the insider will hold a large portion, including the major investors that bought millions of dollars worth.
Believe what you will, but I will have fun along the way.
Well, I was happy with the last 3 times this rocketed from this level, so dangle away, I'll keep grabbing up shares!
I love how everything is about if there's an RS, to scare. Reality is if they want to be legitimate, uplist, merge... or whatever then there WILL be an RS or another option at some point. When is another question, but I can guarantee it won't be down here. They know they can take this to .01+ without it, and Discover knows this, as well.
Even if they did an RS down here now, and even if you have a much higher average like where all the billions were mostly accumulated, you'll be quite fine and make out well ahead in your investment.
Nobody, including the BYOC BOD, wants an RS, but I'm sure the goal is to try and get this pps high and pump like TSNP, GWSO, and other examples. Wishful thinking I know, but a boy can dream, can't he?
Umm, lol Warefare & Moneykey were talking about Elettricars and that the 10k said the deal was no longer... however the video said they were having a strategic meeting next week with Elettricars. I hope for this is for using new software that was developed for s800 or whatever new EV platform that seems in play.
You apparently didn't watch the video then.
Yep, cause you know I'm not good at it and won't help much, even though ive been called a pumper so many times it's hilarious... buhahahaha
BYOC