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It would be so easy for Ballas to clear everything up.
Just explain:
The change from wholly owned subsiderary to joint venture.
Why CZ Products is associated with CannaZall.
What Christopher Ballas (CZ Products) doing for UBQU.
Any bets on how long it will be before we see another word on Vitello Capital LLC, and what they are doing for UBQU? Maybe next October....
Frank Casella:
Review Control Reputation Management CEO
Ubiquitech CMO
Also associated with:
Prestige Marketing Concepts
Quick Reach Media
Media Plex of Tampa Bay
Premier Productions of Tampa Bay
SMT Sales Group
Great post Sratchgolf, and I couldn't agree with you more.
Ballas is good at promising great things to come in the hfuture, but they never come to fruition.
We've waited several months for a true update, and all we have received is that Vitello Capital Ltd. has been retained to help with business operations efficiencies, acquisitions, etc. What does it really mean? Probably just another professional services expense on the next financial report.
Why isn't Frank Casella (our CMO) doing something to boost sales? Instead, he's funneling more money into one of his other business ventures via IMTL.
Why can't Ballas explain the CannaZall subsideray / joint venture situation? Instead, he is slowly updating all resources to state "joint venture". Why be sneaky about it? Why not say who the partner is?
Whats up with BCMG? What revenues are they generating? Seems our wonderous accountant should have that identified on the disclosure docs.
Just realized that we hit the 5 year mark on an annoucement from 2018, that UBQU would hit 50 million in sales in 5 years. Guess we are just a little shy of that mark.
How can IR say the joint venture news is false, if the website ls stating the same.
Theres absolutely no reason for him to be silent on this. As shareholders, we deserve to know who UBQU partners are.
Thanks Joe, figured as much, but thought I'd ask. Appreciate your feedback, along with all the investigative insight you've provided over the past couple years.
Sure wish someone on the board lived close to Ballas to pay him a personal visit to see what is actully going on.
Joe, would sharing revenues between UBQU and CZ Products be illegal (I know its not ethical)?
I still don't understand how we went from revenues of $1 million / quarter to $41k.
What revenues is BCMG generating?
Wheres the explanation of subsiderary versus joint venture?
Why is CZ Products associated with CannaZall?
What exactly is Vitello going to do for UBQU (theres no info on that company). Is Craig Fischer involved? If so, is it the same person that was previously engaged with UBQU as IR?
James recently mentioned that they figured out how to increase sales. What is this magic bullet?
What's the make up of the compamy's management team?
Answers please.
The real sad thing is that we probably won't hear another word about this newly announced relationship, just like all of the other announcements, i.e. affiliates, Boat Crazy, etc.
Vitello Capital LTD
BB Winks LLC
Valucorp Trading
All have an address listed as:
1926 Hollywood Blvd
Suite 212
Hollywood, FL 33020
As Blu pointed out Craig Fischer is associated with these companies, and just so happens to be the same name as UBQUs Investor Relations contact a few years back. Coincidence?
Something tells me this relationship is a not going to do anything for us.
Why would it take 1 year to finally tell us that they ran into regulatory issues with the infomercials. Unbeleiveable!
Next update coming Oct 2024.
Craig Fischer was UBQU'S old IR person.
Joe B., I'm looking forward to your post regarding Vitello Capital. You always have a way of finding the good stuff :).
What happened to the news around the discovery James mentioned a couple months ago? Remember, he said they finally figured out a way to increase sales. Well, we are waiting.....
Here is the news release: https://finance.yahoo.com/news/ubiquitech-software-corporation-retains-vitello-120000917.html
Corporate Restructuring??? Didn't think there were many still around.
Bost, the news was that IMTL acquired one of Frank Casella's companies...another nothing burger :).
Frank stated that there were going to be great new things to come...just like his statement last year regarding UBQUs engagement with Hearst Media.
Take a look at the acquisition.
Same ol story, more things coming in the FUTURE...it's Ballas's moto.
Don't get too excited about the acquisition news until you look at Frank Casella and his portfolio, Media Plex amongst others.
Just another way for Ballas to pay his friends.
How many companies does Frank own/run? Its like they are in a competition to see who can be involved witv the most companies
We need our CMO to spend his time and effort on UBQU.
Here is the news on the IMTL acquisition front: https://finance.yahoo.com/news/image-protect-inc-announces-acquired-120000932.html
What a joke, look at who the founder is of the company they are acquiring, none other than our CMO Frank C. Way to keep it all in the family.
James mentioned that the company IMTL is aquiring has been in business for 5 years. CannaZall (HLT) has been in business since 2014, so unless he is lying (again), it shouldn't be tbem.
MediaPlex (Frank's company) states they've been in the industry for 14 years, so it shouldn't be them either.
Tuesday will be interesting.
Very interesting Stonerex, Preya is still hanging with Jimmy.
Frank Casella was mentioned as the CMO when they issued the Hearst Media endevour (that never took place).
1 more day to meet the September news promise.
UBQU should be the acquirering company, not the other way around. The acquisition should also include GDET.
Isn't James's brother tied to CZ Products? Keeping it all in the family...
Is there a chance that the "joint venture" could be tied to GDET or IMTL? Probably a stretch there.
You had me going Stonerex, thinking that he actually replied to you....old news. Oh well.
Looks like he was associated with UBQU quite a while ago:
UBQU - - Current report filing (8-K) - InvestorsHub https://ih.advfn.com/stock-market/USOTC/ubiquitech-software-pk-UBQU/stock-news/42702768/current-report-filing-8-k
I just realized that JB said news would be out in August AND September. Well, 2 weeks left for him to follow through on at least half of his promise.
Boating season is pretty much over in this area of the Country, so I will wait until next spring to purchase my yacht, once he turns things around :).
We are anxiously awaiting completion on the first CannazALL™ short form Infomercial to run on Hearst OTT Streaming and anticipate the first media test to begin this month. More Infomercials are going into production and we expect this to be a very successful platform! $UBQU
— Corporate $UBQU (@CorporateUbqu) October 6, 2022
Definitly wouldn't be hard to do.
He also owes an update on the marketing initatives that they uncovered, that would really drive sales.
Well I guess an August update is out (not surprising). Now we only have 30 days to wait for the non-news.
My bad, it was 1000 shares at $.000001
How does someone (or why would they) sell 10000 shares at $.000001 for a a dollar amount of $.001? This is one of the trades this morning.
Oh boy, can't wait to see how he spins this one.
So true Scratch, all could be easily cleared up (or verified) with communication.
Remember that Smethers is UBQU's accountant, responsible for the financial reporting.
He also happened to take over as CEO for XR Energy, bringing it back to life just long enough to dilute millions of shares.
He is another piece of work.
Treasure, found this site for PPP Loan database search:
Helloskip.com
I do not find any results for Ubiquitech or Cannazall.
Well put Joe.
CZ Products should have zero skin in the game when it comes to Cannazall. There has been no mention of any contribution by them, so if there is a partnrr, it would need to be GDET or IMTL.
Why can't he clarify now, as nothing is changing from now til sept.
Its always wait for something in the future.