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oops sorry, type. yes, everything I wrote was for $IMTL
you wrote: They said they are doing things to try to increase shareholder value. There is no value to the stock.
they ARE doing things to increase shareholder value. just like movie stock game stock and every stock in the S&P are doing things to increase shareholder value.
and UBQU still has value. anybody could place the ask at 1 and sell still. also regardless of the general grumpiness of folks here, those holding shares long still do so I expect because they believe UBQU will move up. in fact I do! my thesis doesn't REQUIRE UBQU's CEO to 'pump' the stock.
but back to the fact that stocks try to increase their shareholder value. that yet the S&P will go negative for the year.
does that mean that every stock, every CEO from elon musk to James Ballas should be suspect for their stock failure?
in my opinion NO. the fact is stocks are down.
in my opinion, there's many reasons why they are, but little to do with the efforts of all those CEOs putting out great actions and trying to change that.
I don't need to repeat who I think is responsible for penny stocks, trips and now at this point all the stocks being down.
facts. all the stocks are down. no conspiracy theory there. simple indisputable facts.
does that mean UBQU is a dead cat? not to me oh no.
new ceo of ITML based out of florida.
income taxes, municipal taxes in New york where ITML is based is horrible.
ITML is blockchain NFT. equipment? computers maybe.
here's my thoughts.
new CEO moves ITML HQ to florida. as soon as that lease runs out (check the recent disclosure filings on ITML.) employees like this idea, less taxes better living.
new CEO either rents or most likely buys a condo for this new company.
new CEO by the way runs a CBD company with real product, also has an IR manager, a lawyer, and a marketing manager.
who rules NFT blockchain successfully, why, rian cohen of game stop.
other speculators think soon perhaps food like "perfectly popcorn" will be sold out of gamestop stores, maybe gamestop's e-commerce website.
perhaps our new iTML CEO has his marketing manager call up gamestop.
hi. want to buy out our NFT blockchain IP? want to add our wonderful newly branded CBD products in your stores and e-commerce website?
Don't know how badly wall street might have shorted ITML. but if there are hidden nakeds in the high hundred millions or billions. oh boy reconcile the shares if rian says yes to the buyout.
just a thought.
well if I'm wrong in my UBQU and almost all the OTC thesis, it will be ignored. in fact those who don't like what I have to say should put me on ignore, right?
let's talk about the two theses on UBQU:
the bear thesis - Ballas is a crook. therefore the stock will never move again and any retail holder will never be able to sell and leave the play.
my thesis - UBQU is a zombie stock. Wall street holds 20B of the float? also has 8B which just cycled at the speed of computers. Algorithms now move this stock, sometimes MM selling down to 000001 which no human can do to "equalize" what seems to be some buying pressure.
if retailers owned the float, you would have heard that from "pumpers" on twitter, not from me, and you'd see buying pressure again. but we don't, so I'm pretty sound on the thesis that wall street owns this float both long and short.
also well documented wall street owns over 8490 zombies. not a conspiracy theory. I have provided links. we've seen CDEL on the bid and ask a LOT also CTSI GTSM and sometimes VIRTU.
so there you go. I understand blaming ballas. I used to in 2018-2020.
also if I lost a lot of money should UBQU get moved to expert (dont' think it'll ever be delisted, see the thomas James video on expert markets) we'll be trapped for a long time or if ever. indeed if that happened, it would be a catharsis I am sure to blame ballas instead of myself for making bad risk assessment. easier also to blame me for providing a bull thesis even now.
of course, nobody is buying because of me. the volume today was 10 million? mostly buys and the MM ticked it back down to 00005. no matter. my risk says I can easily risk another 5 dollars tomorrow for 100K shares if the MMs keep wanting to sell at 00005
it's really not a conspiracy theory. wall street pwning the OTC is....pretty blatant out there on most media other than here on ihub.
simple. they make a promise on 'updates'. in fact they probably do it in good faith thinking that wall street and the OTC will cooperate by granting filings symbol changes etc.
of course in my thesis wall street and the otc doesn't cooperate. and if they promised MORE than just updates, well then the SEC sues 'ballas' and the game is over which is what wall street would most probably like.
the rules fromt eh OTCM and SEC are not there to protect us retail holders, they are there to smack down companies and protect those want to drive zombies into the dirt.
most readers don't read just this forum, so its not like removing or attacking my posts convinces a lot of folks that my thesis is wrong.
you COULD be right tho. maybe ballas is this master arch criminal who has ripped us all off, ripped off the GDET investors (from what I could tell that would be ME for 100 bucks alone) and IMTL.
man for such a bad dude companies are just THROWING the ceo position at him.
it's 3 months old but the last newswire on Ballas CEO IMTL
Image Protect, Inc.
August 3, 2022
In this article:
IMTL
-20.00%
NEW YORK, NY / ACCESSWIRE / August 3, 2022 / Image Protect Inc. (OTC PINK:IMTL) (https://imageprotect.com/) ("Image Protect", "IMTL", or the "Company"), an emerging tech and media Company, would like to update shareholders on recent Corporate activity.
Since the recent passing of its former CEO, Image Protect has been evaluating its existing digital media businesses. The Company has spent time addressing the structure of the business, contracts and other legalities (from clients, suppliers, vendors, etc.), and bank loans and debt. More work will continue to be done in these areas.
Additionally, new management has been evaluating revenue producing acquisition candidates that would potentially complement its existing corporate structure. The Company believes it has identified one candidate in particular that would enhance its business and serve the Company and its shareholders well. Additional announcements will be forthcoming.
so the former CEO "lawrence" passed. not stepped down passed.
what makes me more interested is the last paragraph. this implies that UBQU(???) "complements IMTL's corporate structure?" on paper IMTL looks a lot more healthy than ol James Ballas.
and I keep hearing that folks here post a LOT that James Ballas was an arch criminal in 2018 and is still an arch criminal today, ripping off the UBQU retailers.
eh, maybe JB wrote this IMTL newswire 3 months ago.
but I doubt it, IMTL has officers too, that John Thomas CFO, and a COO too.
I believe there was a pre-existing connection between IMTL (and GDET) and Ballas before 2020....
of course my bear opponents would scream. BALLAS and his penny stock buddies are all con artists so they work TOGETHER.
eh again maybe in 2018 they were outlaws of the wild wild west. maybe they had to be but the marshall and the government in DC was more corrupt than the outlaws in 2018 lol. but here's a new twist on my own thesis about convertible bond holders.
maybe not 100% of those converters were truly helping kenny short UBQU into the dirt. maybe some maybe apex or GPL actually were trying to help BOTH IMTL and UBQU (and GDET and 8000 other penny stocks)
for sure, before 3 months ago no UBQU ape cared about IMTL so GPL converting in the last disclosure on IMTL has not a thing to do with one James Ballas.
similar to the nobid crash of 2019. what happened is Ballas agreed to the 10B A/S.
and as soon as possible WHAM out fo the gate SOME converter started selling their BILLIONS into the trips (Jan 2019) also coincidentally that's when mastercard just pulled UBQU's ability to take credit card payments which is 100% of their income based on "ooops we see hemp somewhere in your profile"
so if I were ballas or anybody SANE were ballas, they would take THEIR half of the A/S they could short into the float and get SOME cash before their non-friend shorted the stock to nobid. we went from 0010 to a hard lockdown nobid in like 7 trading days.
that was then, this is now. my new thesis is yeah converters sold tee hee, Ballas sold cuz he didn't want to baghold either. retailers blamed ballas cuz blame the CEO has been that same rule as penny stocks are the wild wild west. converters don't even get noticed. anybody know abotu kenny before january 2021? yeah real sweet deal for wall street.
but NOW I think GPL and apex and whoever has bonds on these Ballas-related pennies....they are seeing their chance to get anything out of this has dried up, they are reading the tea leaves also, and realizing hey....we can get in on this squeeze too once wall street gets blown out.
I have no clue how Ballas took over CEO ship of IMTL. anybody want to do their homework, mail preya and ask her. or whoever IR is for IMTL.
I doubt we'll get any REAL answer. but my guess is the findings will be more of ballas was INVITED, not that ballas bought IMTL or Ballas hostile-tookover IMTL
in closing. and a question for the UBQU Ballas haters...why are these companies even wanting James Ballas, master criminal ceo who apparently makes goziliions on nobid penny stocks, why is this guy getting CEo-ships of completely unrelated companies to UBQU?
my thoughts right now: ain't about the cannabis, ain't about the hemp, all about the technicals and predatory wall street actions, which one day we'll find out about once wall street collapses.
another point about how not only do hedgies own zombies like UBQU, they are trying to HIDE the facts about them
turns out expert markets are a wonderful way kenny turns pinks into for 100% sure their playthings. remember, none of those wild wild penny stocks that were shorted into the dirt that went to expert actually got REMOVED (that would require hedgie to COVER....expert is their way to never have to cover, never have to pay taxes on their millions upon millions in gains destroying those companies in the name of YOUR protection. heh
also at this point, for those posting against UBQU and disagreeing with any bull thesis.
if you think bull theses are wrong, why even post at all? you shouldn't be worried if your thesis abotu UBQU staying dead forever is solid..
after all nobody is paying attention to mine, for example. so no need to criticize it!
lol, areply to down the chain.
citadel alone held 8490 trip stocks as of just mid year.
they actually turn listed stocks to penny stocks then to trips
fluid there was news? I didn't even see it and the UBQU PPS action was as always, with teh S&P like a bored algorithm was playing it.
and yeah every bear here did claim they bought. did any claim they sold? I have them all on ignore.
if I were an upset retailer holder (and I was in 2019-2020!) I'd still do what I'm doing this very day. buying 00005's when the algo dumps to 000001.
open question to the upset long retailers on this forum. what is your exit plan?
stack the 1s now and hope to get something out of it?
ride it to 0 and feel good about the fact your belief that ballas did this to you is correct?
if it runs again, wait for breakeven and sell? if it runs again, will you still believe this stock is a dead cat
to be fair I'll share my plan. if we move up I do plan on getting out. probably for 1/2-80% of my stake but not all. especially if we move up due to just bullish action on the S&P algo buying.
if we RIP, I plan on selling at 0010+ BUT I will want to know WHY we rip. if the moass or a squeeze is happening? or the megacaps are crashing?
I might wait for penny or ridiculous levels like 0050 what? say the fundies guys that's market cap 250 million! no way!
right. but it's kenny's collateral pump, he might need 250M + on that DAY to keep margin on those big meme stocks he needs to control and short back down. ior he needs it to hold collateral on those longs he has as facebook plummets to 35.
I think we'll see a PR like rakuten again. it'll mean nothing as it comes out of newswire. but then some OTHER kenny bought agency will pick it up (remember forbes?) and then they have their lame ass excuse to pump it oh look UBQU went viral on the news. and in come the retailers to fomo it with no clue.
but in this scenario we'll head right back down in a few JUST like movie and game have done many times.
but.....if ballas sells say.....1B A/S and kenny pumped it to 0050? say ballas fills average 0035? 3.5 million. 1.7 million debt GONE, war chest 1.8 million. GPL ventures and that other converter pet of kenny's kick to the curb....and off tot he races with buybacks on kenny's next short down, reverse splits, nasdaq applications heck at this point put a freaking .0001 dividend on UBQU with that 1.8 million war chest and if kenny is still hiding 8B in the float on it, force him to pay 800,000 instead of hide 800,000. sure in 2020 that was NOTHING to kenny but now they are all hemorhaging money to KEEP all these meme stocks down.
right on Rmoss.
no clue who you responded to since i have a lot on ignore.
but yeah. these articles aren't coming from me. they are coming from thousands of youtubers, and millions follow them.
all the old wisdom of wall street like "OTC is the wild wild west" (implying the penny stock CEos are the outlaws)
listen to cramer
etc. all not true.
but to stay on topic, UBQU like many others, and now they are pushing to nerf 13F filings for anything under 3.5 BILLION dollars. proves that they are losing, they are desperate, and they need to hide even more shenanigans while gary gensler is still on their side. UBQU will continue to be a place to hide money for wall street. maybe only 800,000 dollars but they NEED ubqu right now as a way to hold collateral and short swaps on bigger larger and more dangerous stocks!
the good news? first these tricks by Composite man (aka Kenny aka big money aka smart money) is losing control, and it's out in the light now.
the better news? like I mentioend before they NEED UBQU. they can't just come up with a lame ass excuse like "hey all the haters of ballas on ihub called the SEC and complained so therefore ballas is a crook, move to expert. they DID that on another penny stock and it took 3 months of lawsuits from that company to undo it. the ceo they experted them on had MOVED ON.
so why havent' they just shut this down to expert? my thoughts? 1. at this point oh how ballas would sue
2. they have 800,000 dollars or more laundered in other short collateral and positions. shut it down, you gotta take that money out. if you can't take the money out, say....800,000 dollars of unexpected buying pressure on game stock? doesn't help wall street at ALL.
I was bummered when GDET went expert but I get it. it made no sense ballas wasn't going to get those 35B shares merged forcing any sort of reconciliation. also no reason to keep that 15M in debt afloat.
that's why I was overjoyed when chip79 pointed out that Ballas now ceo if IMTL
much better structure. probably a company held by the same folks who are supporting UBQU AND bullish on this play.
also a move of HQ to florida would remove a ton of overhead and taxes for IMTL,
and with less GPL shenanigans ON it unlike GDET, maybe a much more solid case to merge UBQU and IMTL
and lastly as I wrote yesterday, the best part it where GDET was just more cbd and bitcoin crypto credit card, which is 2018's busted plays, this is NFT blockchain, which at the moment the bears in the crypto world hate on (see a pattern?) but to me this is like when amazon was a joke and hated on. NFTs are proven to work (reference rian cohen) and crypto is suppressed by wall street same as the MJ sector.
all will return. and that is bad for Composite Kenny. also IMTL will bein the forefront even if say, a big player like elon or rian cohen do NOT directly get involved.
but back to cannazall. it's a now much better branded, better bottles, always a great product. I see very little reason why one day Ballas might hit a home run and get some larger agency to put it on its shelves. (and yes it has been hoped by movie apes that popcorn muight one day be sold in game stop stores. munchies with the video games? maybe some 50 state legal cbd too...why not?
we wouldn't be having this conversation if the hedgies and kenny just...shorted 100% of borrowable legal shares on many stocks. but they got greedy. it worked in 2008 it has always worked. short, hire mainstream media to distort, a bunch of emotional folks bash the shorted stock on forums, and wham, you've got retailer capitulation. drive it to penny, then to trips, cover a little then once they file bankruptcy....hehe add the Q to the ticker move it to expert and the retailers move on. the ceo is blamed (sears, toys r us, blockbuster) and retailers wish they had listened to cramer more and go chase kenny's long positions that cramer is pumping.
exact opposite happening now! kenny is hugely long on facebook.
I'm still very bullish about UBQU. even moreso hearing about IMTL
on convertible bonds, and why they dilute lower and lower:
not a financial advisor, not financial advice!
yeah this stock looks really bad. actually so do 11,000 penny stocks, and probably half of those 11K stocks are in trips.
you wrote "we all know this will eventually happen". Which I assume means you think that eventually "they" will pump it again.
I think Kenny will pump pennies including UBQU one day. other think that Ballas might succeed with PR shotgunning to get a pump from his devices.
either way, Ballas or Kenny, one of them is "they"
also, right now the beariest of bear markets. we get back to a real bull market? I don't think UBQU stays at nobid. but that requires patience, but oh boy it appears a bullish resurgence on the S&P is in the air.
I can't talk about others. but I picked up a tiny bit to scale into IMTL today, and I'm enjoying getting 00005s on tiny buys of UBQU. managed to get my average to 00007
is there a tweet like, even lame ones always at 9 o clock every day?
at this point my guess the reason it "appears" that promises are dragging feet is because moves are being made by meme companies (including Ballas and associates), they have expectations because if things were lawful, the filings they make to the OTC would be ...granted.
but my theory is if the OTC which is owned by kenny was FAIR, they'd get blown out due to their previous crime. so My theory is the stall is on the OTCM side.
since Ballas has to play fair or lose his compan(ies), or get sued into the dirt, UBQU corporate communications has to wait until there is legal good news to tweet.
there is no reason to pull a P&D from the UBQU side at this time. I've mentioned now for a few days why the PRs might behoove KENNY to pump, which is also illegal, but Kenny owns the SEC and the OTCM AND the DTCC and DTC at this time. so that why at this time I think all the memes play by kenny's game until kenny loses control.
I think news will be released when the OTCM finally capitulates or gets sued to allowing certain filings and moves then those moves tweet out, then we might run.
until then expect probably lame stuff like 50% off for the holidays sale veterans day etc.
that doesn't mean ballas lied imo it means Ballas' hands are tied.
I expect kenny is going to continue to lose control through Q4 here as memes financials get much much stronger and legal shorts decide to start covering. at the same time the megacaps are just....falling apart.
we get a market face melting rally like congress finally capitulates to home-energy productions (coal and oil) while the rest of the world continues to death spiral via quantitative easing and massive inflation. the USA wins. a face melting rally would be very bad for those who are short the entire stock market to the tune of 8B dollars. the S&P would squeeze. the algos would cover and buy.
very good chance the algos on many penny stocks including UBQU GDET AND IMTL would start covering out any swaps on bigger short interest on bigger stocks and start buying also.
so I went to OTCM on IMTL,'
yep chip is right, more up to date they are retiring lawrence's shares and Ballas is stepping in.
what is important tho:
more income
A/S is only 6.5B with 1.2B more to dilute and before anybody screams DILUTION IT IS A BEAR WORSHIP WORD
it's pink it filed...
the going concern didn't mention debt. it mentioned a DEFICIT and it borrowed a bunch of 50K bonds....but nothing like the hell UBQU is experiencing.
oh holy shnike, this could be where we win.
check the profile. it's an NFT blockchain company
OH NO NFT IS THE NEW CRYPTOLIE I'll save my haters the time.
game stonk...in it's first week of releasing the NFT marketplace beat coinbase.
also not the LEASE on the HQ of this computer based company expires soon.
new York state. highest taxes in the union. worst place to live imo if it's NYC not going to recheck the profile.
ok if I was Ballas, or someone advising him. you finish the lease, you take your what? 7 employees dunno doubt it's a lot it's just IP and say hey come to florida no income tax city and local taxes low, no chance of being killed on a daily basis.
all the while I bet tons of aps to MERGE these tickers happened a long time ago but Kenny will control the stocks until he can't control the stocks.
point is, maybe not out of the condo. or maybe get a nice lil condo for the 7 computer guys you might need to run an NFT company.
and hopefully preya or cheung or that marketing guy is suggesting ballas goes ring ring
rian cohen, king of the nFTs....
hi Rian, interested in buying us out? partnership? selling some cool CDB in gamestop stores right next to that perfectly popcorn product so the gamers can have their munchies and their mellow??
viral much?
heck at that point JB might merge UBQU INTO IMTL
honestly only reason we are in the cellar is cuz kenny is still in control for now.
as Ace ventura would say oh oh hooo reheheheally?ya yahoo finance is old .
Ballas became CEO of GDET. we all wondered both how and why. he probably just inherited it for nothing.
same could be true since YF is ancient with I&M&T&L
sadly, if the strategy was the same, to merge a pile of hidden credit default swap shares of kenny's dog doo OTC zombies, the OTCM is also saying hail no.
doesn't matter, it probably cost ballas nothing to take over. it also could be his backer from new york allowing it. if kenny stalls, well I&M&T&L will also spin off to expert. (didnt' check to see if its pink or healthy) won't matter, cost nothing for something ballas probably didn't pay for to spin off to expert and die.
gonna cost kenny a TON if he hid a bunch of those 150 senior meme stock's shorts via swaps in these pennies....
so did a quick yahoo finance (so take it with a ton of salt) profile check on that I&M&T&L ticker chip mentioned.
COO's name is John Thomas. no joke.
the CEO is one Lawrence something?
hmmm is this part of our convertible holders scandal. where that Lawrence GPL guy got investimigated?
no matter, it's interesting. it owuld be very interesting if say these two companies were trying to MERGE for whatever reason...
because then maybe 8B shares of UBQU would need to be reconciled.
guess we'll see. as I write the main memes are going parabolic. maybe those 8B mystery credit default swaps on UBQU might need to be frantically moved around again, or covered....hey what's 800,000 dollars to hedgie? they used to be able to find that in their couch cushions in the lobby.
used to hehehe
I think most of these pennies are trying to do what they promise,
and their true owners stop anything they really don't want to have happen.
so UBQU will have an update on this other ticker I've never heard of. hmmm
no clue what IMTL even is and how it's related to UBQU. interested, though. I still think Ballas could do his owner Kenny some HUGE damage to those 8B mystery shares if he could force a reconciling, through a symbol change or some share restructuring. Is Ballas CEO of IMTL also?
GDET got moved to expert (finally) . my guess is ballas tried to combine GDET with UBQU. the SEC said HAIL NO. (I've explained that the OTC is owned by kenny and NOT retail's friend) and since Ballas could just let it go BK and not lose a thing on it. he just let it spin away. that's what I would do, taking on 15M more debt when they couldn't merge the shares would be pointless.
as for UBQU, well I've explained.
Game stonk had a huge pump and today is the day buyers jump in for Q4. S3 partners said if over 30 parabolic!. it's 31 as I write pre market
so possibly, if kenny has a bad day, might need a collateral pump. if not today, on another green day for the kenny's beaten dogs he kicks in his backyard soon I am thinking.
I am sorry my friend. Not trying to agitate you.
I am simply pointing out at this point it's a binary situation.
as for worthless stock, I think we all have a lot more "worthless" penny stocks now than UBQU which are down almost as much as Facebook is YTD lol. wait, that's correct. intentional joke to make a point.
either this is the same story as 2018, even if so, if it stays pink LONG enough, some other FED might print an unprecedented amount of money like they did in 2021, give it to banks which will pump all stocks. (this one now we know has penalties down the line, so I hope NOT)
or it's the new story of 2021. if so, here's the good news, I am sure our various readers own morehan just UBQU as penny stocks. a lot of folks here own many OTC stocks, we share many.
the thesis isn't that kenny has just UBQU as their 000001-0001 whipping boy. the thesis is that kenny has ALL the OTC unfortunates (and 2000 of them used to be 1.00+ stocks before kenny got ahold of em)
so there's another reason why I'm hopeful. when UBQU starts to move up, I think THEY ALL will move up. sector doesn't matter. just depends on which of the various MMs play on them. some of these pennies I am not sure citadel and virtu are big players, they might languish forever.
don't forget my friend, a long time ago you told me CDEL was biggest on ask and bid. CitaDEL has a lot lot lot of interest in UBQU.
more proof of my thesis. and kenny isn't having the greatest of years. `
and I think UBQU won't be the only penny stock we all play that rips.
that implies I need to be right or wrong about the price.
this discussion isn't meaningless if say, certain agents of UBQU insiders still read them. definitely hedge funds use agents to engage "retailer sentiment" they said so.
and I've had others openly say a few days back they read my posts.
Indeed, I would claim this. if you are correct, that retailers hold more of the float than hedge funds, and that Ballas is the only agent that can move this stock, and ithere's no connection to the entire market system, then I would agree with you, we are truly Fed. we'll be lucky to sell at 00001
If I'm correct, if Kenny controls the float, and kenny collapses or kenny decides we are wonderful little collateral pump for a few days, there's more than hope.
and at this point its clear to me my hat isn't tinfoil. too many crazy things are happening outside of this little UBQU world.
eh. it's a tautology that I've changed on since 2021.
the old thesis is that no stock is connected to broader markets. especially penny stocks, doubly especially UBQU.
therefore, James Ballas is stillt he central focus. he was in the past he is now and will always be in the future.
the new thesis is that the OTC is "kenny's back yard" (not my quote) and UBQU is kenny's dog doo (my quote)
James ballas was the past, he made a very bad decision, heck he might have been a little wild west in 2018 but he was a punk compared tot eh criminals who tore his stock apart with convertibles and siren songs to chase crypto which thousands of OTC stocks did.
that's why I still care about PRs. but not because I put any faith in ballas or that they matter from a perspective of how any retailers who consider UBQU would think.
I care about PRs in how it might benefit KENNY to move this stock up.
honestly, I have no clue what promise JB made and he's apparently late upon. but it seems a matter of stress?
in the end, I care about the fact that the entire stock market and OTC is collapsing. what was F A N G is now dying. and to me that's a good thing because I believe what's bad for kenny's house is bad for kenny's ability to control his back yard. maybe he'll sell his collapsing house.
I'll be more concerned say if markets turn around money is flowing into the MJ sector, wall street is in flames, and I and others have tons of tendies and UBQU still volumes 10M and under a day.
until then, I think Mr. Ballas was 2018's news, and nothing more than a figurehead that wants to make money just like the rest of us. I am sure some around him have noted what has gone on for the last 1.5 years and I'm sure getting out from under this convertible debt should be his paramount focus. At very least, he has to stay current and not default. But if I'm right, kenny might find this dog doo useful for a CD swap so similar to G&D&E&T it might languish for months even if he defaults on interest payments.
two ways of thinking. and honestly at this point I don't think even ballas expects retailers to buy in, I think he's waititng for a MJ catalyst that would incentivise the hedge funds who own in my belief 20B+ shares....to want to move this stock upward. right now with those various banks like credit suisse circling the drain, now is not the time to do an old classic PR pump. I wouldn't.
let's hope the greatest depression doesn't make people spend less on cannazall. but other than that, I'm unsure what moves Ballas can make except dig into his personal funds to pay off the toxic debt, which I doubt he shall do. why take that risk, easier to just let it go.
so the only hope I can see is that those controling this stock want to manipulate it up in the next 3 months. It's a solid hope.
of course I'm not an expert on the business so they might have some move I can't see coming. and there's always the hope of going viral.
until then, I never was really good at focusing on Ballas as the reason for all our woes. oh yeah I used to mock him a LOT, but I coulda sold a lot more than I did in 2021. But even if I could sell all to trip 1 now....I don't think I would. If I thought Ballas still was in charge, oh yeah I would sell at trip 1 and leave. but I don't
you can't control what the company tells you.
and indeed you can't control the algos, but you can note when the algos act.
at this point, I don't focus on ballas, I focus on computer which would do things that humans wouldn't. like sell to 000001
oh look there it goes again, gotta pick up some more 00005 the algos are selling.
fundies are fundies.
but I'm still totally with my thesis.
in a bear market the moneyh that used to go to pennies of all sorts on sidelines or fighting hard in multi billion dollar meme stocks.
I believe hedge funds who use alogrithms to monitor sentiment and trade control UBQU's float. even if retailers were to fomo in a billion of buying, it would come right back down.
I would agree if we get PR the algos note it, register it and a human evaluates it.
but I think the next catalyst to move UBQU would move the entire MJ sector (legalization)
until then. I even think if we got 1.7M debt paid or even refi-ed by some miracle in present market sentiment we wouldn't move.
but i think we would move if those hedge funds that control the algorithms lost control.
I think november and december are going to be very bad for those funds that control the algorithms and want UBQU in the cellar box. I think a few more aren't going to be around,. and I think those 8B shares that cycled at the speed of computers are still out there, and still need to be reconciled.
retailer money will come back in, but not before imo they get paid on those memes.
ya at the moment the dumps to 000001 are few and the computers only do it with tiny bits.
for now.
and of course why would deutsche credite suisse even hold UBQU?
why wouldn't they? credit default swaps everywhere tee hee.
Kenny's citadel will be last hedgie standing. he held melvin's bags long enough to shuffle melviin's shorts to some other hedge bagholder. so I don't expect the dumps to 000001 to be huge here. yet.
but they definitely are not having fun right now, those folks who I think hold 20B+ of UBQU's float. :)
hmm....about 8M just dumped today to .000001.
credit suisse? deustche bank? I wonder which hedgie circling the drain is doing a little house cleaning :)
recap on UBQU;
the bear thesis:
- in 2018 Ballas took out convertables, he was in control 100%, dumped them, and stuffed the profits in his pockets.
- Ballas is still in control this is his only lever, and he'll do it again and so we'll be at nobid forever, investors get screwed. Ballas gets rich off of us.
The present day bull thesis:
- in 2018 Ballas agreed to convertibles. Hedge funds control the convertible bond holders. the entire MJ market was pumped so it was an obvious short and distort.
- in 2019 this was quite successful. aurora, canopy, tilray, every other MJ penny stock plus tons of other penny stocks out of sector were pumped, dumped, and the converters who get to forgive debt at 50% of the LOWEST PPS in the quarter got to line their pockets on the pumps, while forgiving tiny debt. even better when the foolish CEOs chased cryptolies (bitcoin was also pumping) and then the hedgies dumped bitcoin and it was a nice little short across the entire OTC, which wall street owned but nobody was thinking that.
- covid made it even better for wall street. ho boy, now its time to delist all those non compliant penny stocks which honestly were just piles of shares, piles of sharest he MMs and wall street was getting rich off of, but at this point nice thing to never have to cover once they became expert zombies or totally delisted.
- then it was time for greed, which is the bull part of this thesis. wall street doesn't play fair. short just the entire float? no, why? wall street owns the DTCC the DTC and at this point, UBQU ain't coming back it's been at nobid with nobody on the message boards in 2020 and only folks selling arte the occasional dumps to 000001. buy it all up.
- then the fed printing money and blowing it into the market january 2021. UBQU heading to 20....many retailers got out at trip 2 glad to be rid of the junk. positive UBQU apes talking about "fundamentals" even I was like, hey UBQU dollar hollar. of course I didn't understand this zombie bull thesis until like, 4 months ago.
- then ballas hires others. others with some smarts. others who understand that kenny owns them and we're a zombie. we need to be one of their excuses to pump, and Ballas needs to have enough A/S once the pump comes to get out of toxic debt. oh this pig may never go dollar hollar, but once cash flow positive and out of debt, well then fundamentals WILL matter
- UBQU sees three events in 2021 to 0010+ but right back down. cuz wall street owns the float.
- UBQU probably wouldn't be at nobid right now except every stock is down 40% or more including the megacaps. giant bear market. hard for money to flow into UBQU when it's panic selling out of facebook. wall street who owns UBQU isn't looking so hot on their own long positions either. I bet deutsche bank and credit suisse are in bankruptcy court before Ballas is.
- so, ballas still has 21B A/S. DILUTION is a bear worship word and those who don't buy the financial revolution still fear it and want to sell once dilution happens. But for my bull thesis, dilution on UBQU HAS ALREADY HAPPENED. those 8B "fake shares" that cycled at the speed of COMPUTER that definitely wasn't retailers.
- when wall street loses control, they might need to BUY 8B UBQU shares to reconcile shorts. heheh, then ballas sets the price,
- wall street is definitely still in control right now, but check out any financial media outside this tiny little ihub world. wall street is not in good shape, not like they were in even 2020 covid. all it takes now is for one piece in their continuing maintained cheat machine to break.
honestly, best PR would be payment and extinguishment of the 1.7M debt and the toxic ballooned 2012 debts.
however, another CBD company one that sells its cbd at kroeger was once at 5.00 and now trades at 3 cents just realeased that very information.
and it went up from 3 cents to 0.0350 or so.
in other words, sadly we are kenny's back yard dog doo.
ok now for the still hopeful side.
1. so are about 11,000 (used to be 9,000) stocks.
2. one day kenny might want to pump UBQU. then the PR can be stupid as dumb, like the rakuten deal. then kenny has all his owned media (bloomberg, FORBES, motley stool, seeking alfalfa, etc etc) mention UBQU.
then we rise . oh it'll be a pump and dump and if ballas is smart he'll sell mroe A/S high get out of debt. I shall sell too because I think we'll be going right back down to nobid real soon after that. kenny will pump it either for temporary collateral proof (he'll need that either with a S&P crash or a meme moon) , or to make bank himself. the good news is if Ballas sells enough (1B at .0020 is 2 million. just enough to pay the 1.7M debt and have a tiny war chest) ....THEN he can actually START to rebuild his balance sheets and this stock on fundamentals.
3. those 8B shares that just were volume but we stayed 1/2 musta moved at trip 1?? if it was kenny has virtu hold his bag, virtu has CTSI hold his bag....etc....guess what? someone is still SHORT 8B on UBQU. they don't care. they don't think UBQU could ever squeeze. so one day that game of hot potato could end, and its worse for them if UBQU actually goes cash flow positive while being at nobid.
4. and lastly, if there are no shorts. one of two possibilities. either RETAILERS hold a lot of the float, or MARKET MAKERS and HEDGE funds hold a lot of the float.
you know I already think it's MMs and Hedgies. maybe tutes, but in this case none of them are selling. and I think MM's and hedgies WANT us down here at 0/1 even if they are "long" ubqu.
but the lovely thing here is supply and demand if we dont' have shorts and there's even a tiny bit of "fair".
eventually retailers WILL come in and want to buy a 29B float total cost at trip 1 = 2.9 million dollars
where is that money going to come from?
well in a BULL market what have we heard? some of these trip and penny players make millions of dollars on smart plays. some have a lot of cash....or HAD in a bull market
now it's a bear. we wait. lot more retailers learning how to make thousands in this bear market. and the meme holders I 100% believe will make millions.
technically if we don't have shorts. and say MMs hold 20B, to KEEP folks from fomo-ing into the stock and force Price action up would mean the MMs would have to wall sell for 2 million. not a lot post-moon.
but until then, Ballas has to stay pink. he can't sell any more A/S to pay the interest which seems to be about 275-300K a quarter. so something else ingenious to raise money in 3 months, or be patient.
lots of talk of mergers and acquisitions and sales of preferred shares on a certain meme are making retailers realllly happy. so there's still hope Ballas might sell UBQU to someone. if that someone had it's own share structure, UBQU would be absorbed into that share structure and if there was 8B naked....oh boy. all gets cleared befroe those mergers.
lastly, there is one type of PR that could rocket us.
somethign viral. not just advertising or even debt payment.
something kenny can't control. something kenny can't spin well.
elon musk. big name like that. something that would cause normies who still don't realize anything about zombies and how kenny can cellarbox them come fomo-ing in.
stranger things than this have happened since january 2021.
sorry for the long post. folks who aren't friendly to UBQU or Ballas tend to claim these are too hard to read. but Ithink it's important to remind those who do still have hope for UBQU that even though fundamentally it does look bleak, in my opinion, technically and based on the financial revolution that might shatter OTC SEC wall street corruption, there is hope for this one of over 11,000 victims of that corruption.
someone just pulled 250M off the ask.
my guess a GTC is getting readjusted with an algo or an algo may have heard the MJ sector is being manipulated upwards today and so just not push UBQU hard down today.
volume didn't change so it's probably a GTC getting readjusted.
ON TOPIC: UBQU is down to 000001 today imo because of kenny's crime nothing more.
:explanation.
ya. anything sub 0001 is citadel's or a mm's algorithm selling, since we cant.
also it was like, a tiny tiny amount like 5000 shares. it's just an algo saying we're at the bottom of the cellar and for NOW they want it to say that way.
warning: do not buy over half the volume on a day. doing that can get you a call from your broker.
with that being said, I practice my usual. so I made 3 buys, each for varying amounts from 25K to 175K.
after they cleared, they filled for the entire .0001
so I do expect like in 2019 we'll readjust on REPORTED pps either later today or tomorrow.
but since we are in the cellar, we are at the very very caboose of the train, and kenny wants us to stay at 0001 and even demoralize us more by havintg the otc take it's very sweet time updating the PPS. that's the reason these present price movements happen, even on a positive S&P day.
of course right now all they are doing is bull trapping retailers buying calls ont he S&P during the earnings call days of microsoft apple etc. kenny's pump darlings.
so today the fact the S&P is going up up up and UBQU is 000001 does NOT upset me. also my memes are up up up but that's kenny's cost of doing business and the options will all expire out of the money on friday .
used to be they said penny stocks were the wild wild west
I heard a report yesterday that the entire OTC is kenny's back yard.
yeah you won't see any 13Ds for those 5%+ owners either for two reasons:
-crime
-they are doing a bill hwang and opening a number of shell agencies holding for citadel each holding less than 5% of the float which at this time is about 1.45B shares.
not difficult.
Ballas probably doesn't hold 1.45B long as an insider, and we know the A/S he has to sell if he could.
so there ya go. they are SUPPOSED to declare and be transparent. but they won't nor will gary do a darn thing about it. sorry, I wish it was different.
UBQU folks and general folks who believe my theory that a LOT has changed with retail vs wall street
yeah that thesis assumes there are only 53 holders and divide the 0s by 53.
there are probably 53 who hold a lot.
5% of the float now is 1.45 billion shares. all 53 cannot hold that. or can they? i mean I would LOVE there to be 53 non-filed megabagholders. I gar on tee kenny holds probably just around that.
they don't have to file on the OTCM because crime and Kenny pwns gary for the moment.
also they might be pulling a bill huang where they have tons of little entities holding 1.4B each....not enough to file, but leveraged all the same.
anyhoo I'd love this thing to sill have 8B+ short on it. and it just might! why? as SCRATCH has always said 100% correctly, there's a buyer for each seller.
haters here would love to make you think it's ballas and his small time crime buddies. but I don't believe that 0%, it's kenny and his BIG time crime buddies. some other hedgie or hedgie spin off bought those 8B at the speed of computer. shorts covered for now, at that time credit swaps of shorts on....well whatever ubqu was helping to the tune of 800,000 dollars for kennyco was covered, for now. some other little fundie holds the bags.
so if we moon which we will one day, they'll have to play hot potato with teh hidden shorts AGAIN. (heh if this is right even if they got this 'pos' to expert they'd still have to deal with it) and one day one of those smaller MMs like CTSI or GTSM might not want to help ol kenny or susie Q hana out.
anyhoo, I'm still going with, especially since treasure posits maybe at max the 10 disgrunteled folks here hold maybe 100M, that counting the twitter whales....we retailers maybe hold 7B of the 29B. fine by me. helps my thesis. they want to control this stock so they do because they own it.
but they are losing control.
sorry for the long post there, but hey I've got 44 followers! I'm sure many just wanna know WHEN I can post so they can respond bearishly, but many ubqu bulls still do.
if nobody is reading long posts, nobody is reading short dumb posts which keep whining about ballas!
and yeah, folks still read long posts, folks don't buy the thesis that the bears keep selling and baiting and switching.
cya one day when kenny wants to move this zombie up!
in all fairness I get it . I said same to you in PM and now for the floor.
it sucks being here. at nobid. we made our choices.
and indeed even if I AM correct, there's still a darn good chance kenny pulls the plug and it's over.
then when that happens, I get it, ballas deserves SOME blame. it helps one deal with bad choices.
you are probably right, writing here is worthless, but I am not offering false hope.
it's 100 % sure and interesting what I'm noting.
when the S&P gets a downturn, we get....anywher from 1000 to a few million sold to 000001.
then the market makers sell some 00005s for a while, and the second we get an S&P flick up, either a small buy or someone else moves it back to 1.
I think you'd agree that no retailer is choosing (or able?) to sell at market to 000001. and why would a hedgie even and why do these drops happen with the S&P and the shift of my entire P/L?
because it isn't a human, it's a computer. and to them the 29B float of UBQU cost them 2.9 million dollars to buy, before citadel started hemorhaging money, they had 2.9M in their couch cushions in the lobby. even so, it's just a way the MMs while through the day making a few bucks on the partial trip.
augusts sales were up 40%?....wait I'm going to need to check,maybe this fin was for Q2? unsure. If this fin represented a quarter BEFORE the website was up and the new products were up, then I'm less upset.
however the earnings need ot go up a lot more, there is a huge problem now my friend, and it's that 210K of interest a quarter. no debt, that's 210K a quarter positive operating capital.
100% agree no more if you build it they will come. they actually used that on a discussion of movie stonk. so apes there are taking matters into their own hands. (also I think Q4 is going to be a very bullish quarter for the memes
but yeah, the hole is too deep for UBQU. even if I were to take over now I don't see how to dig out. because those who own UBQU are hostile to it and I'm not meaning the retailers. they have no intention on letting ballas dig this company out.
but that's why I'm posting now. not giving up, because the hedge funds have bought ubqu for a reason, and they've got it hooked up to the S&P and the memes, the ones that CDEL is tied to.
we could get a white swan! it won'tbe fundamental, it'll be ....technical...it'll be someone forgets to unhook UBQU to a major meme, or tilray booms and they forget to unhook it to tilray, or they surprise pass MJ legislation, or powell decides to go dovish flows so much money into banks (which would be bad) but all the stocks get money.
or I'm wrong abotu retailers like coach and alex delarge not having any UBQU and instead they have 15B-20B ubqu.
and the markets turn around, and the S&P is 4000, and the 8B in puts on the S&P unwind the S&P squeezes the whales playing pennies and memes make a ton of money and fomo UBQU where 1B shares can be had for a measly 100,000 dollars (and you and others tell me some of these penny players make a LOOOT of money doing that)
ballas still has...wow...21B shares.
does not sound like a lot when we zoom in at trip 1.
but any of those white swans happens and instead of dumping immediately, he's patient and dumps at 0010, 0020, 0040, penny?
1B at penny is 10 million.
that's how adam aron diluted his stock andit went up.
there's the hope. no dates. but I think our time comes
also remember champion of UBQU, you've called out ALL the shills before. remember the one that said UBQU was a useless pile of shares? definitely wasn't
how many times have you chastised the folks saying we'll never file THIS time and off to expert. at least 4 times.
my point is there's a reason Ballas is filing, and it isn't to mill A/S. there's a reason kenny isn't trying super hard to kill this stock. imo much more valuable as a pump and short (credit default0 swap than an expert dead stock.
if we were in a bull market right now with the S&P 4000+ every other penny stock green and we were here. yeah, then I'd say ballas should just give up and declare b/K.
but we aren't . apes all over the market getting REALLY angry now. the hate on UBQU's forum is nothing in comparison.
but Q3 is terrible for stocks and we're in a giant bear market maybe a depression. but that also looks to be a false flag, so we might be moving up sooner than I thought. first the S&p then the memes then UBQU.
I guess in closing if one focuses on ballas, maybe then one will start to lose hope cuz yeah he's the original reason we're here and I don't see anything good coming from that sphere that kenny won't block if he wants to.
but if one focuses in on kenny, man that guy is circling the drain fast. so its more hopeful to go that direction
until then I'm not pumping UBQU or betting the farm any more, just happy when teh algos give me 000001 to pick up a million for 50 bucks. my average is now 00007
um, this implies that all the arguments now of fundamentals you guys are still making DOES mean something? you also can't sell. so that counter is kind of contentious imo. technically you still can sell! some of that ask I'm sure are some retailers wanting to get out.
so I'll reiterate. plenty of times we could have sold. but the thesis was from everybody but me recently that for some reason it would turn around.
then I cut out for a month. then meme stocks resurged with the S&P and 8B shares just...poof, cycled in volume yet no price action.
so you guys worrying about will ballas ever turn it around selling shares or anything I claim now means nothing. sorry, I no longer believe ballas or retailers or anybody on this forum or even on tweets have any control.
again what am I trying to point out.
the hedge funds own this stock now.
is it hopeless? if you guys continue to think the way its been thought about since 2017 when we all got in, the "ballas is corrupt and or stupid" theory, and ballas still controls and dumps theory, yes it is. heck sometimes on this board the post depress me so much I put a millie or two on the ask then I change my mind.
already explained why this could move out of nowhere.
the here and now: actually thats how hedgies want(ed) retailers to think.
oh you are down today, you should have sold yesterday. oh look your p/l is red. should sell now
wrong. successful traders sell on green and buy on red, unsuccessful ones do the opposite.
UBQU is here because hedgies want it to be here. I don't care about the here and now on my other stocks or this one.
what IS very bad news and indeed I uderstand why a lot of you still like to blame ballas. it's easy. we all made choices and had plenty of chances to dump and be gone in the great 8B share laundering. (keep in mind, as you've told me scratch, someone had to buy those. hedgies just didn't make the shorts and swaps dissappear, they played CATCH between themselves so there's still abunch of effery on UBQU stock to the tune of 8B right now another reason to not give up hope)
it's bad news we might be at nobid for a very long time.
keep in mind my friend and one who flipped me from bearish to bullish when you were believing in UBQU in 2019, that nobid desert lasted for 1.5 years.
this one aint' gonna last for 1.5 years. CDEL, CTSI , dunno about GTSM....but many of them aren't gonna last through Q4.
as always, watch the S&P, and listen to news abotu how wall street is collapsing as we write here.
it's happening. but since you are concentrating on to be honest our liked UBQU here and now you aren't seeing it. we're at the very end of the train, but our overlords and manipulators are having the worst time in ever.
ya I noticed that too.
then I noticed when those bonds matured.
2012.
we've been in toxic debt even prior to most of our entry in the play.
we're now in a cycle of just paying interest.
I'd have written this off except for the video lets see if I can find it.
this implies the only way UBQU can sell shares is on the open lit market where we can see them.
tender offer, or maybe the algorithms will switch to buy within the next 3 months. it appears the interest is around 200-300K a quarter.
I was curious how they even met Q3s interest. but they did.
also, since I believe this company is owned by the hedge funds, they will either do one of three things unless they lose control.
1- somehow make it so its pink next quarter also . we might stay at nobid, but the bondholders might negotiate behind the scenes. Ipersonally believe the hedgies own the float, and like UBQU right here at nobid.
2- move the stock just enough so enough debt can be converted to make the interest payments
3- not make it so the debt is paid it goes into default and either it's over or it's not, but the hedgies will dictate the tune.
if they lose control, we move up because retailers come back in and then UBQU can dilute A/S as required.
of course the arguments would be R/S which would be bad but I doubt it because the hedgies don't WANT ballas to even SEEM to have control. also it might cause fomo at the beginning as many R/Ses do and they like it right here at nobid imo.
the other one is Ballas could go out and refi the bond. get some other shmuck I mean converter to lend him 1.7M. that also isn't going to happen ebcause we're a zombie stock for a reason. ballas made a bad decision in 2017-2018 many did and yeah be great in hindsight if ballas was competent, but he did. no lender is going to touch this. he has a better chance of getting a loan from elon musk or one of his golfing buddies. but in the end, I believe all efforts would be made to stop this 1.7M debt over UBQU's head, becasue the hedgies like this stock right where it is, sitting at nobid.
but there's another good thing going on. those 'lenders' out there. they are losing big time. many aer down 70% or more. many don't even have 1.7M to risk on a pos penny like UBQU if they wanted to.
why is that good?
UBQu has 3 months to come up with the interest. but the hedgies who abuse this stock probably won't last 3 months imo
ok interesting.
does it require that to be considered a beneficiary holder one must have filed their 13F and therefore have more than 5% of the float?
no that's mathematically impossible, because 5% x 53 is 265% of the float, I don't think at this point this is that overshorted (others are :) )
so this data, does it say who these holders are and their 13F filing amounts? I doubt it.
of course I doubt only 53 retailers hold shares so yeah, but it was a fun thought experiment.
53 "large" shareholders, then that goes to my other theory. there's a lot of the float (even so I think hedgie has a LOT like 10B but say retailers hold now 19B vs hedgie 10B.
that means the big boys didn't sell.
which to me is a positive.
either way, whether we have a lot of retailers willing to wait out the worst bear market since 1971, or we're a zombie who just has to wait fot he MJ sector to get a pump for whatever kenny's needs are, I get the feeling it makes sense to me to get shares at 00005 as long as the MM wants to sell those cheapies to me.
I didn't even know of the discrepancy of 41 vs 53.
of course, I don't trust the SEC or the OTC or the OTCM, because they update as slowly or as quickly as required to manipulate stocks including zombies like UBQU.
my comment was about there being 53 retail holders of UBQu. sounds low, and 41 even lower, but IF true it helps prove MY theory that retailers might hold at best 7B of this stock.
in my previous posts, I pointed out that whether retailers hold a tiny percentage and algorithms might move us up for their reasons, or we have retailers who are hibernating holding massively large positions of UBQU and knew now is not the time to panic, this data if true wouldn't surprise me, nor would it cause me to be concerned at this point.