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The cheerleaders always say it's coming, the change is here, our time is due. They give details on the how that is going to happen though. I believed that until he came back to the same patterns after getting pink. I do want it to ride but I'm looking at reality.
They will appear after either approximately 15bil more shares are diluted, JB steps down as CEO, or hell freezes over.
Ha, they say they have 170 affiliates also now that they are advertising through. Haven't seen one name besides the boat one.
Can I get a quick run down on what has changed and what is changing? Seems like the same pattern is holding pretty strong.
Maybe, if he didn't dilute and follow the same pattern month after month week after week.
Next week he'll raise the shares another 50bil so he can have some more to dilute.
And just like that with all the roaring consumer confidence JB has successfully built with his utmost transparency and straight forward honest approach to shareholders, we are back at nobody.
Couple of fluffy tweets today. Ask to bid is crazy right now 44m bid to 2bil ask
Don't worry, there will be a fluff pr soon to spike some more dilution and the volume will fly again!
Hundreds of thousands of dollars and what results have we seen?
Ha step away and looks like more dilution based off that tweet. Nice.
Thanks, I wait with bated breath heh
I might be misremembering but didn't they say they have another big announcement today at some point?
I can tell you if he was building that house with all the false promises, half truths, and outright lies, we'd have a house that would be a Saudi prince to shame.
If they even do a PR, it will be like gdet and they will say big things coming then promptly never mention it again.
Pure speculation but Id bet dollars to donuts that boatcrazy is one of jbs buddy's that he just diluted a shit ton of stock for to pay for this lousy advertising.
Big news now on Monday, new tweet. Let's hope we are all surprised and it doesn't mean the last 20bil will be diluted.
More exciting news Monday at 8:30 as the Company continues on its plan for sales and Growth of the Cannazall™ brand! $UBQU
— Corporate $UBQU (@CorporateUbqu) August 12, 2022
How is that a good answer? He didn't address the dilution at all. This comes off as snarky at best and out right rude at worst. I edited the post to show what I asked, maybe you missed that.
Well got a response from preya, that was unexpected. Here goes:
********,
Apologies for the delay in getting back to you. Thanks for your inquiry. I forwarded your email to James and he had the following to say, "This is a marathon, not a sprint." He stated that all of the company's financials are publicly available and all efforts currently being made are for the growth of the company.
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Preya Narain
Corporate Advisor
Oh edit I'll show what I wrote and how it answered nothing:
Are you going to address the new 4 billion shares spent or are we back to no transparency and ballas paying his buddies off with toxic loans. SEC would be mighty interested in this. The silence is deafening
I missed the action yesterday, so I didn't see what's different about this dilution. Isn't it just the same PR then dumpfest cycle? Or was it the amount at almost 5 bil instead of 3 like usual?
It's always one step forward 20 steps back as JB wobbles from his pockets being too fat. I did send another email to preya but she has stopped responding to me months ago when I asked about another round of dilution. Maybe others should try so we can get some of that new fangled transparency they once talked about.
Very late to the party? Jb just dump 4 bil shares?
Don't worry, he's using all that money to buy us personalized yachts.
I'm just gonna say can we pick someone other than heard? Don't need to have an argument and wake up with a fresh deposit on my coconuts.
I'd like to see the checklist that he has been ticking away at. Then put the timeframe he said it would happen and when it actually happened. Each one of the things he's "done right" has either taken to long, not happened, or came at a cost (dilution.) Until they give us a itemized list of where all the dilution went to, like what aspect of the company was he growing with it and how it was used, I cannot have faith in him to do anything right.
Ha. It's like they haven't learned yet that silence is deafening.
Thanks for the reply. It seems if you even ask about dilution you get black listed and they will never respond to you again.
What was the reply? Have you asked her about where the dilution is going specifically? Like a breakdown on how they are using it all? They never respond to those emails and I don't want to spam them but they seem to like responding to you. And yes I am polite in the emails.
Yeah and the dilution thing comes back full circle to the transparency. If we need full on what it's being used for then people can't say he's just lining his or his pals pockets. I'm still in and am going to hold because I do think it will turn around, honestly what's the point not to now, we just need answers and maybe even new leadership. I know the last one will not happen though.
We need the fins to see if they are making it even now. I know the next ones won't reflect the latest news/updates and I'm not expecting much out of them. The next quarter though will be the true test if this dilution paid off for the company and us. Remember when they were going to be transparent, specifically stating they will explain what the dilution is being used for? Well that hasn't been addressed, I know me and many others have reached out to preya, (also tried to new It,) about it. I can't speak for everyone else but I have always been cordial and polite in my questioning.
Progress is great. The site is great, the new products are ok, wish they would move on to other THC products though. I feel cbd, especially at his prices, won't cut it in this market. The thing about progress though is if I say something will be done on X date then it takes me 6 times the length with no real update, it doesn't feel like it, it feels deceptive. They really need to work on this transparency. Put these rumors to rest.
Edit: I can tell when I switch from cheerleader to realist. It was when they started with the two more weeks type of updates and countdowns to countdowns. Also, it really is not hard to spot his pattern of dilution. Pr about an upcoming PR>Actual PR or promised delivered>dump>silence>repeat.
While I do agree some dilution is necessary at times, the way JB has done it is unexcusable. I mean the patterns have been the same before pink and now after. It's always the same, some lame fluff piece in or a promise meant to be delivered months ago and some times half assed. I used to argue with you treasure but I mean it's so apparent now you have to have blinders on not to see it. Now does that mean I don't think we cant get out of it? No, they have a great product. They just need to want to grow more than their own pockets.
Now what would you suggest to have us all come together to get Ballas to change? I'm asking seriously because I do not think he will but I got hope. All you can have now.
Glad they got the site up. Now we wait an see what announcements they got coming. Hopefully doesn't take 6 months to get them.
Would be nice. I also am hoping that when they announce the new products they are also getting more into the legal side of THC. I know they got the dis but there's a wide family of them now. You got d9, d10, HHC, Thc-o, and more. Huge market for it right now especially in non legal states, even in some legal states it's still more accessible, money wise.
I can see why he would as well but then don't try to drum up a new following, or reignite old excitement by making transparency one of the new foundations going forward. As I said it leaves anyone to make up or think anything they want. I too am holding on to see what happens with the new site and product line. I personally don't think that announcement and new site will send us rocketing but it will show they are working and planning for a future that might.
We can want that and also poke at the flaws and obstacles that are holding us back from achieving that. That's the big issue, they promised transparency going forward in January. We have not seen it. What does that leave? It leaves it open for anyone to say anything until proven right or wrong when they finally come forward. There is a difference between having faith and blind faith just as there is a difference in pointing out what is wrong and needing to be fixed and to da moon posts.
Ha no. I may be crass with Ballas "style" of running a company but I do want this to succeed. I know I've been a Debby downer of late but can't argue with clear facts and documents.
I just got another email saying they filed something, report 20071017054, I assume it was getting back in good standing. When I searched it though I didn't see an update on it.
Edit: https://coloradosos.gov/biz/BusinessEntityDetail.do?quitButtonDestination=BusinessEntityCriteriaExt&fileId=20071017054&masterFileId=
Click on the good standing link. Looks like they got it in already. Good job.
I just got this update email from the Colorado SoS website. Anyone else that was subscribed to updates from there should have also gotten it. Here is what it said:
"The Periodic Report for Ubiquitech Software Corporation - 20071017054 is due.
You must file a periodic report annually to keep your entity in Good Standing. If you don’t file on time, you will need to pay a late fee. Due dates and any fees or penalties are automatic and statutorily applied. As such, due dates and fees cannot be altered or waived"
I think this will be a good an easy test to see how much Ballas does care. I remember people saying it only cost 100 bucks for them to get it in the first place. I will screenshot as well, but as I said anyone who subscribed to updates on the site should have gotten it.
I do agree dilution can be useful and sometimes needed, what I think others want, at least for me, is to know exactly where this dilution is being spent. That's what preya was brought on board for, to be transparent, there is no arguing they have failed on this. I too believe they have great potential and this can fly. My concerns are they are following their old patterns, and yes I have reached out, politely, to see if they would explain. No answer on any questions. This creates frustration and leaves room for people to create any narrative they want. You'd think a company with the past ubqu has, would want to be open to show they have changed, they have not.
Edit: I would also say I am excited to see the new site and products, along with the other changes they haven't specified, but that excitement dwindles each time they fail to make deadline, which so far has been all of them.
Or dilution. He likes to do it in 2s. The optimist in me hopes the dilution is going to be used in the right way to grow the business. The realist in me knows Ballas though and how he runs things.