Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What impact if any in your view does the PPS from a year ago influence the current PPS? More shares outstanding today but a much stronger set of fundamentals?
This is much larger to me than a name change; it's clearly a change in strategy or a better articulation of their intent! It will take far more thought but it could lead to a much larger company.
When a company reports is one thing but generally within 10 working days the P & L results are known internally LESS maybe accruals for a quarter! Our company has a simple product line with minimum skus, sold via the internet using credit/cash type facilities(this is almost Quick Books accounting). The simplicity of the products, presumed float, lack of huge long term debt and the ability to participate in an industry segment that is at the forefront of exploding and has an estimated 59% compound growth rate is the excitement and intrigue.
Year end (annuals) may take longer to close especially if one has to schedule an accounting firm for a review or audit however that is usually scheduled in advance. In our case any tedious financial activities that involve closing down a division, writing-off bad debts or so called extraordinary postings are handled, generally within 5 working days after a normal close? They have known the shipments/revenue since at minimum 5 working days subsequent to the quarter's end.
My experience at the reporting level goes back to 1983 in public companies with a 100 fold complexity to our company here. The experience includes from general manager, COO, CEO and Board chairman along with just board memberships. The communications from our investment executives is RARE and at BEST poor. I don't know our executives and have no idea of their real experience nor "any" company they have worked with or the positions they held. Their company affiliations seems to be missing. Communications including conference calls are common with experienced executives of public companies even without real revenues and they always RETURN their calls!
So my question is "why" aren't they communicating. Incidentally my 1st 16+ years previous to the aforementioned experience was with the IBM Corporation.
"Show me the results"-smile!
I'm concerned. Don't require nonessential releases either, but a prominent component of their October 11th release was their initiation of at least weekly, sometimes daily updates. They've stopped with any results, just marketing/promotional initiatives. My mother used to tell me that she liked what I was telling her about my school activities, BUT she would say, "sugar, do I need to go to the school so I can see your report card"?
Management's communication doesn't make this feel like the "winner" we all seem to think this is! They vowed to communicate at least weekly.
You're the most definite on the name change for early 2017! Are you Joe with Midam Ventures, the I R company?
Not enough people believe us yet! Pink sheet, unknown mgmt, no board of directors and totally unrealistic expectations for the year established in January of 2016 in an industry sector that is truthfully the wild, wild west! We have to continue to perform and communicate our business results.
When we're believed we get benefit of the doubt; this could be NORTH of a $1.00 per share!
Bought more shares, hoping for at least qtr over qtr good results. I was hoping for $1.5 mil 4qtr to bring us in to just under $3.9 mil for the year. Whats your thought for the quarter?
I hope the out of stock conditions did not do too much damage to revenue (shatter is still unavailable).
What was the company or IR's response to you recently on progress including name/symbol change? I believe Wesley called also?
I've called IR to pose that question along with others today. I noticed that name/symbol change is no longer mentioned also! Do you think its because it's very eminent, being shelved, entangled in a legal morass or........
Wesley do you mean that your friend has found someone to do a private trade for this stock?
Expect another shipment today however powder and shatter are still out of stock. Does a company with great demand already heavily discount those products? Maybe I've personally over estimated 4th Q's revenue? HOPE NOT!!!
What's your thoughts on this generous promotion as a shareholder? Does it sound like we're overwhelmed with current demand?
Will you share management's response to the message you left for them to call you?
Please share your discussion thoughts after Ballas/management returns your call?
8 persons w 6.0milion shares = more than half of 95 mil shares. Everyone is imp but you have clout!!!
(7) more of you would constitue a "majority" shareholder vote. Of course Ballas wants to know what you have to say!!!
What would like to see in their next PR?
Ballas is CEO, President, CFO and only board member/director. I called him several weeks ago and "no response", then I called the I R person whom had never met the company or its management team at that moment in time.
Yes! I didn't learn anything and my questions were specific.
Through last week we have all purchased shares and products numerous times and encourage you the same from you and your friends.
I'm now ready for "results". Management can be more transparent and give clear direction on:
Name/symbol change status
Is Tim Zorn the COO or will there be one
Select 1-3 products and tell us specifically what we've learned and their results to-date
Preliminarily ....did we experience an exceptional quarter; if so provide us with 1 or 2 initial results
Why so many product outages.....shatter & powder
Since retail stores are out, what other branded internet sites have we added for distribution
Will they do a conference call, perhaps monthly to shareholders
There must be a stock option pool for current management, future management, board off directors and certain vendors who insist on stock.
Called Thursday late afternoon, phone switched and spoke with a female person with a definitive accent about shatter availability. She said that it might be available again in a couple of weeks along with powder. Most HLT internet mail pieces have some errors.
Intriguing operation that feels like a true start-up but with 2+ years of growing revenue.
I can't find anyone who has visited the company, know James Ballas, yet I bought more during the week (what's wrong with me-smile)? Still don't see the name/symbol change request @FINRA. I guess if it were all pristine it would be @$.25 per share.
Someone will because management is not maximizing shareholder value! Results oriented communications is lacking. They say "we're meeting or exceeding all stated goals and objectives". Have they read their I/13/2016 communications to shareholders?
Excellent products, great ideas, hardworking people but..........
If the demand is nearly as good as we anticipate, I believe that starts your coil to spring, then its buoyed by positive sector activities. Unfortunately the "market" wants something? Looks like 2016 was really a year of reorganization with the 4q especially October and November showing that we're back on the trajectory they thought they could attain back in January!
Wouldn't $10,000,000 be a great achievement for 2017? Likely come in a tad under $4,000,000 for 2016.
Great products and aggressive marketing initiatives! However if we had experienced revenue in 2016 that is/was 2x-3x 2015 attainment we would be much further along. if we could attain the goals established in that 1/13/2016 release "next" year I would be pleased!
What causes you to think that the name/symbol change comes next week? I am thinking that " excluding " it from Dec 1 PR is not positive.
"We've also quadrupled the number of customer specialists to assist with order inquiries" as in today's release.
In lieu of a BOD, with an operations oriented executive team, a person gets energized as a result of insight and access. Just looking for something in addition to their PRs. Quadrupled order takers is about as demonstrable an indicator as I've learned today.
Certainly could benefit from a smart outside shareholder physical visit and interview.
Assuming you live in the Denver area, have you visited the company and management? You were contacting Joe (IR guy), so what can you share with us that you learned?
Good news is that the pps a year ago was in the $.05-$.06 range albeit the o/s was different. I'd say we're a much better company with a singular mission. 2016 is likely a 30% increase in demand vs 2015; 4Q 2016 we're likely to see a 30-40% increase vs 4Q 2015 AND last year's 4Q was HUGE.
Nor am I if I can avoid it! If management owns over 25%, bylaws withstanding, it doesn't take too much to get it done.
I agree with you. Why wouldn't someone acquire us. We're cheaper @4x the current pps than a company could launch a new division.
Do you think that management taking it private is a good thing for us shareholders? Incredibly rambling PR. Is this the 1st product of the new PR firm?
Why do you think it isn't completed?
Maybe they're managing the "change" timing rather than they CAN'T get it done now.
4th qtr and year 2016 ends today. I'm thinking that year over year results are excellent while the quarter is a true blockbuster launching us into 2017 that I expect catapults into the $10+million range!
....Don't know that I've seen "cheap" associated with a non-solicited write-up?
Once Ubiquitech Software officially becomes HempLife Today, it’s only a matter of time before more pot stock investors discover the company. Once that happens, we don’t believe shares will remain this cheap for long.