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I didn't get in until forbed 2017 article
but somany's research kind of makes a theory that ballas was more dumb than corrupt.
He buys out the old CEO at around .4600 by giving the old CEO shares "worth millions". that old CEO what is he going to do? he's going to sell sell sell the second ballas starts diluting down.
now somany goes on to talk about corruption where they dilute to cover unreported debt. But hey, I can see ballas THINKING he can keep share price high, then the guy he sold to who no longer has controlling interest dumpsells, so ballas panics and sees has no choice but to also dumpdilute.
regardless, I'm not defending ol jimmy boy, just having an academic discussion. Either way, dumb or corrupt, jimmy has had years to steer the ship right since 2013!.
good luck to Smokey!
he may have filed for no fiduciary responsibility
But if he didn't get a "New York" investor, it's fraud
he dumped shares a week after writing a PR that said "not convertible for two years"
that's fraud.
If I'm incorrect in this is the way to prosecute, or I am misinterpreting this particular press release from January 14, 2019, please let me know
yeah, January 14, 2019,
that Ballastard said not convertible (and new York firm pah! I remember the 20 billion shares weren't from any ny firm)
said not convertible for TWO YEARS
DENVER, CO, Jan. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLifeToday.com, today announced a new funding relationship with a New York firm to help ensure that 2019 growth initiatives are met, coupled with better inventory pricing. This debt is not convertible into free trading stock of the company for two years.
he started dumping BILLIONS um....if I remember at best a WEEK after that
Rat Fink
Tuesday, 01/15/19 10:42:41 PM
Re: None
0
Post # of 51881
1/14/19 PR: UBQU LONG-TERM FUNDING ANNOUNCED!!!_https://finance.yahoo.com/news/ubiquitech-announces-long-term-funding-113000707.html
EXCERPT BELOW FROM LINKED PR:
Ubiquitech Announces Long Term Funding Relationship for Increased Inventory, Better Pricing, and Corporate Flexibility
DENVER, CO, Jan. 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Ubiquitech Software Corp. (UBQU), through its operating subsidiary HempLifeToday.com, today announced a new funding relationship with a New York firm to help ensure that 2019 growth initiatives are met, coupled with better inventory pricing. This debt is not convertible into free trading stock of the company for two years.
As a condition to the funding arrangement the company increased its authorized shares to meet the reserve requirement of the loan covenants. Although a significant amount of shares will be on reserve, they will not be issued unless the lender elects to convert. If there is a conversion the shares would not be salable in the open market until the required two year holding period is met. The increase in authorized will also give the company flexibility in addressing other corporate finance initiatives.
CEO James Ballas said, “We are excited about this long-term funding relationship. This will help ensure that the company can aggressively pursue its growth initiatives both organically and through potential acquisitions. The national CBD landscape is rapidly changing, and the company anticipates consolidation within the industry. This new relationship affords the company the flexibility to act quickly when opportunities arise. The Company has a plan, and this plan includes strong growth and reduced debt as we move through 2019 and beyond.”
The Company will continue to keep shareholders aware of this important funding decision, and will continue to keep shareholders apprised of all Company progress. Including the filing with FINRA for new name and symbol change.
About Ubiquitech Software Corp.
Ubiquitech Software Corp., through its subsidiaries, is a dynamic multi-media, multi-faceted corporation utilizing state-of-the-art global internet marketing, DirectResponse (DRTV) Television, Radio, Internet Content, and traditional marketing to drive traffic to the new and emerging multi-billion dollar industries like its subsidiary HempLifeToday™
About HempLife Today™
HempLifeToday™ focuses on the exciting and dynamic new thinking in the world today that recognizes the important health and life-enriching enhancement that CBD Oil from the Hemp plant can bring. Through its network of quality USA growers, HempLifeToday.com™ has developed multiple and proprietary CannazALL™ CBD oil products that include; It’s popular CBD Tinctures, Concentrated Oils, GelCaps, Skin Salve, e-liquid, and CannazALL Pets™ CBD products all offered @ www.HempLifeToday.com.
smokey, check the PR releases first three months of 2019.
Ballas posted on talking about convertibles. it said in it "no conversion for 6 months"
look back on any chart to 1Q 2019, easily 8-12 billion shares got "traded" in that time, which led us to a nobid , then a trip1 trip 2 for a few months, then a nobid around may 2019 from which we've not returned.
I'll try to dig back to ihub and yahoo finance to see if I can find the press release.
Richie, I agree UBQU may soon have it's day.... but sadly not in high stock price.
Smokey, our friend and leader, welcome back!
and like every other loyal long (it's kind of nice to see others here are as down in dollars as I am, not that I enjoy others misery, I felt like the stupidest investor ever....eh I still might be
anyhoo, also count me in, you need me to sign something, I'll sign it, you need me to kick a hundred bucks or two for lawyer's fees, I'll pony up cash with the others to hire one.
Like skypilot yeah, my real wish is to turn this into a real company so the share price can go up, or even get back even 10% of my investment in free cash.
But I'm a realist, shame on me. at this point, I'll hope for Jimmy in jail, but at the very least, shutting down yet another one of his scam incomes. and you were the guy who coined "penny stocks are the wild west" to me.....I hold that thanks to the information era and the literal obliteration of markets overall, plus now he's made.....powerful? and at least savvy opponents through his scams, I do believe unlike the wild west, jimmy won't find a bunch of rubes in the next town, and the federal marshall is hot on his heels.
oh btw happy 4/20
doubt financial engines will be talking about how bad the pot industry is now, it'll be the destruction of the US economy and covid 19, 24/7.
with that being said, try to have a happy pot day.
oh btw, it's also Hitler's Birthday.
well Richie, I know I've been negative, but what's wrong with a little positivity at this point, not like the stock can go down very much more.
oh for the chart readers out there, we now are FLAT for 1 month and 6 month, we're in the MIDDLE of a "52 week range"
of course that's why the charthead algorythms are more Green and than red now.
again, what the hey, Jimmy if you are reading, have Mike Butler write you a PR that says ambassador or canazall for pets or whatever is doing great. have mike use....financial language or something.
then once the market makers get their 700 mil sold, save your big bag of dumping shares for say....trip 3 trip 4.
we long baggies won't sell as soon as it gets back to trip 1 trip 2. we swear. right fellow baggies?
Tiger, sadly, I don't think we as giant bagholders can "hostile takeover" the company.
Now, Smokey HINTED that if say a bunch of us got together, got 10% of all shares out there (which would be in the ballpark of a bIllion shares" we could force our way onto the "board of directors"
however, the reality is
there are 100 million "preferred shares" which typically by Investopedia means someone paid higher price for them and they get first dividend.
I am guessing that means "voting power" and I am sure between James ballas and....possibly tim Zorn and piossibly mike baker, but probably ballas and ballas alone, he has all the shares.
also smokey pointed out years ago in the 'constitution' of UBQU it says they have no fiduciary responsibility to shareholders. I am sure that's boilerplate for penny stocks and even those that go dollar holler, but that means that they have NO responsibility (nor would they care) if stock price went down to nobid. as mentioned here now numerous times jimmy could still be making PROFIT from sales of canazall and ambassador, but his pet dilution pig machine is broken....and fixing it might net him gozillions, but he knows he's caught, so just leave the pig dead and pocket the smaller returns from real sales. if he was like cannabis SCIONZ!...or KALY or those that don't even SELL a product then those guys kinda have to keep the dilution pig scam alive to even make money. but not canazall. of course, as luke dreyer, ma and pa dispensaries in now what? 13 legal states etc etc eat up what was once a closed and illegal market?.....good luck for jimmy to do anything more than keep his personal bills paid with this product which has packaging that look like it hasn't been improved since the 80s and a website the same.
what I expect if they finally come for jimmy (and since he's selling a product unlike cannabis SCIONZ! this might be from a year to never) . they will do the same as they did with banababis scionz. they will suspend trading for a few days. then they'll open it up for a while. since we are at nobid you won't even be able to see then. then if they decide jimmy is a bad bad man, then they'll confiscate the company and sell it off. since his company consists of him taking orders, then tapping that lab I forget its name, getting product maybe slapping a label on it then putting it in a box making an address label and sending it off? I would be flabbergasted if the RETAIL value of this company is over 50 grand dollars.
and cannabis scionz, the balls on Dabney the CEO scammer, he just said he was going PRIVATE.
maybe jimmy can do the same, I doubt it but you never know, then I am guessing some fools could buy his stock privately. But I gar on tee I was super lucky I sold all but ONE share of Cannabis science. that single share with 0.00000 value sits on my trading browser now....forever.
I think Ihub still entertains a CBIS board. yahoo finance dropped theirs. I last went there like 4 months ago.
so the question of can us giant bagholders do a hostile takeover? no.
can possibly smokey or some serious corporate lawyer sue jimmy ballas and get his assets in a class action lawsuit? maybe. tho I betcha UBQU is incorporated. but I gar on tee if the lawyer won, UBQU would be sold for whatever and we'd each get maybe 50 cents as a payout
but you'd force jimmy to start up another scam
and I'm sure you, me, smokey, and other real-pissed off folks the second they say anything they could use the modern information era to find him would raise the alarm on whatever chatboard that was.
I know, cold comfort, but an old toast used to be "frustration to our enemies"
I think that's the best we can do. either be patient and hope some force majeur gets this off of nobid where we should sell like our life depended on it, or lessons learned and at least stop the snake oil salesman from going to the next town.
thanks for the hope Sylvia, but to quote smokey in the past, the bullish trend is just a bunch of chart algorythms.
of course, it might make peeps with no DD buy.
then again, pennies in nobid lock hell even typically give small DD folks pause. it would still take 60-80K cash to get us even to trip1 trip2
and of course, anyone who logs in here or yahoo finance chat boards (the only two I know of who even still discuss this)
they would see the pain
even so, keep up the good work. smokey also said one time he walked away from a nobid penny came back a year later....it was 0028
GO TO JAIL
Jimmy,
Do not Pass GO
do not collect 2 million shares of UBQU at 0001
anyone out there, like smokey, used to be a wall street type?
more importantly, anyone out there skilled in financial law?
I know investment institutions sued Elon musk back in the day when he spoofed shorters with "Saudi investor"
elon slipped the noose obviously,
but could we, for say, 1000 bux (a LOT less than I've lost on this POS) figure out what to sue (UBQU), or who to sue, and just sue him for some sort of malfeasance?
Not looking for my money, back, not even looking for equal justice, bare bones, looking for Jimmy to lose control of UBQU or the dissolution and confiscation/sale of the business.
of course, once the corona chaos ends, and the SEC maybe juuuust maybe gets back to looking at pennies who have never filed their 10Qs or financials, like cannabis scionz! (scionz!) who knows, this thing could be suspended from trading
sadly, if that leaves them still able to move product, all jimmy loses is his vehicle to get 5-200 dollars a trading day in peeps still willing to buy 50K to 20mil of this crap.
yet one can dream of poetic justice for Jimmy.
I actually hope Luke Dreyer eats his market share for lunch at this point
some trading platforms (I forget which) allow big market makers to trade on the 00005.
Ihub I've heard rumors and seen rumors that one can trade on the 000001.
I can envision peeps on ihub thinking "eh I can get a million shares for a buck? let's go for it
but at this point, since Jimmy boy still has billions of fake dilutibles and no scruples, heck, why not dump a mil of those bils for a buck, and then a few others who just hate seeing that, maybe pay 5 bucks (why not, we're down literally tens of thousands) to sweep up 25K for 1.25 and the other 25K for 2.5....so I can see jimmy spending a mil shares to which he can always sneak off and get more illegally to get another 5 bucks.....he ends up making 6 bucks in his dead dilutibles scam, plus priobably pocketing any profit he's making selling cannazall…
oh jimmy, if yer still lurking out there, reading our posts and getting all butthurt, there will be a day you head to court another time. I'll lose everything, but at this point I only pay 5 bux a day to see it go back to -89%.....but I'll give it all up and the 5 bux a day to see you take some serious damage over all this.
I'd like to amend my response a little bit.
if Jimmy was smart, he'd drop all his asks, let this thing rebound a bit eh? to trip 3 trip 4, let some shares build up and DUMP again, or "quantitative ease" sell maybe a few mil shares a day and not drive down the bids.
by doing that say jimmy could sell 1M to trip 3. that's 300 dollars. nowadays, on a GOOD day jimmy gets a couple mil, and sometimes it's those IHUB idiots selling down to 000001 and jimmy ain't getting none.
my point is jimmy could be making MORE daily than just stuffing 800 million on trip 1 and waiting for 20-30 bux a day
so maybe it isn't jimmy, it's pissed off joe bagholders, or those smug 18 year old market makers who used to play this thing in trips like it was their favorite rag doll, or maybe some of those market makers who got HIRED by jimmy to move it around, and got left holding the bag themselves.
now, that's my theory if Jimmy was smart and didn't crowd the ask.
now the REALITY is jimmy got us to nobid cuz he's dumb and greedy. so it could be a mix. oh no! a market maker croded trip 1 with 100mil! I can't WEAIT for this to rebound! I need to gt my moneymoneymoneymoney…..so then jimmy dogpiled on once it was clear back in mid 2019 this thing wasn't going to rebound back to trip 1 trip 2.
or it could all be jimmy. cuz jimmy is just that dumb.
give a hoot jimmy, don't dilute.
I wouldn't be surprised if jimmy is like the first 200M
or more
jimmy is definitely up there first and foremost, probably with others too and he's "good until cancelled" on them renewing those as much as possible.
other than that I'm sure we also have market makers that got screwed by jimmy on the way down trying to make thousands of dinner money on the trip1/ trip2 and trip 2/trip3 trades.
some I'm sure are baggies like us and small hands just hoping by some miracle if they put a mil or two GTC they might catch something and get out.
if he reduced the number of active shares, he'd HAVE to reverse split.
I am still happy ghost that you are making commissions, that's a positive sign for even us baggies without the knowhow time or tech to sell on commission! who knows? if sales get big enough and canazzall hemp life becomes a name, we might get buyers in spite of the fact jimmy is a scammer!
but to realities, jimmy can't Reverse split. It would require him going to the SEC/OTC, and they'd be like oh yeah....you haven't filed an 8K or a 10K in years, you have numerous complaints, and it seems you are running a fake convertibles scam....oh yeah, you wrote a press release no convertibles for 6 months then dumped 10 billion within a week after that? and you went to the well for another 10 billion?
even if he COULD RS? I'd dump nearly ALL my shares for around a 80% loss (there IS value of dollar cost averaging even at buying those 000001 and 00005 shares) before every other baggie could ...actually it would be a race, because you KNOW jimmy is holding a giant bag of convertibles and at this point he might have gone to the fake well yet again because most watchdogs on this site just gave up and went away. it would be a race to sell out against joe bagholder, the market makers who moved hundreds of millions around at trips on jimmy's behalf, and jimmy himself. also, without any REAL PR, who would buy? you might see a spread like 1 dollar on the ask, ….1 cent on the bid.
of course, with some GOOD PR jimmy might sucker in new blood who hasn't done their DD. he might be waiting for the MJ market to turn around. who knows? with blue chips in crisis, nobody is really looking at the MJ market. oh it's still HORRIBLE, but you get my drift, just a side thing like US legalizing, or some talking head saying blue chips gonna crash again, mj market finally at it's low, go buy buy.
or we might luck out that some people still believe the chart heads who say hey this thing looks like an inverse cup handle or whatever now 7 of 9 say buy.
so if jimmy times it right, writes a decent PR witht eh chart guys, hires some REAL pumpers across all the web boards, and actually has decent sales through ambassador.....then he could reverse split....and maybe even get a small lift before people come to their senses that jimmy's a scamma.
at this point, if I can even get 11% of my original investment back, I'll consider myself lucky.
yeah, jimmy can't do that.
I am happy for you Ghost, but the reality is most likely you'll make more in commissions than we will in bagholding.
our only hope is if Jimmy boy forgets to continue his Good until cancelled on hundreds of millions of his still remaining billions of dilutable shares.....one day there's only like, a few million on the ask, and people start trading it again. of course, I think that's what happened on XREG and HBRM, two other crap pennies where jimmy's stink can be found. XREG even went up to 0028! HBRM only went to trip 1 / trip 2
I'm guessing jimmy just waited....and started re-dumping his infinite bag o shares there too, don't check xreg any more but HBRM is in nobid, and if you think 1-2 million trading a day on UBQU is bad.....
but if we ever get out of this and end up like USMJ was for a bit, 1 billion on trip 4, one billion on trip 5, sell my friends selllllll
hey I got an email from both mike baker and Luke Dreyer. both said CBD might not cure corona, but hey, it'll alleviate some anxiety from it.
how about the anxiety caused by jimmy still sitting on 700M shares on the ask?
my schwab site never updates until next day once the stock drops to 000001. someone just moved 10 millions share, I have no clue if it was a buy or a sell
regardless, this stock is still crap, but I hate it when it goes to 000001
then again, ballast isn't making the moves I bet, I doubt he's dumping 10 million shares to get 10 bux
So there’s like 20.9 billion shares, unless jimmy took his bag of 7 b remainkk in bv go xreg. So for 3 million dollars you could buy the company
Not that one would waste 3 million doimg that
agreed. It could move like cannabis scionz!....to suspended from trading.
but all kidding aside, I too share your optimism my friend. I do believe one day it might like xreg, see trip 7 again
God willing, I'll sell and get out!
so basically TSX and HKG then have a market cap of 15.99 million
wow, jimmy is just a bored member there and there's toxic dumping?
heh maybe just maybe jimmy is running out of his 6 billion left from destroying UBQU....then again, maybe he already went to the well again for another 10 B and he's turning all his scams (I only know of Herborium, xreg and ubqu) to nobids.
actually, Jimmy should just publish he's stepping down as CEO and now justaboard member/silent investor (some sort of "emeritus" position, doesn't matter)
then again, since more p-o ed investors here want jimmy in jail more than Hillary....yeah, jimmy just has to post pr saying he has no more control of the company in order to possibly get off nobid.
dunno if Mike Baker is a scammer, it seems likely, but regardless....
a tactic I could see possibly working:
Mike baker buys out Jimmy for 50,000-100,000 dollars (more than jimmy will ever see waiting for peeps to buy his 5 billion remaining convertibles.
Jimmy publishes PR that jimmy be gone.
noobs knee jerk and buy.
not out of business, but odds are low and grimdark that this thing will ever lift off nobid.
with that being said, pot and CBD across the board is down 80% or more. can't think of a company and I bought heavily into ACB and canopy growth and I still lost about that 70%
there's still hope, if MJ gets love from the government especially CBD it might float all boats.
Ballast has to keep the company running. from what I hear cannazzall is still a superior CBD, so there's hope.
Ballast has to keep the company going because if he just leaves town or pulls any more scams tons of watchdogs and hella pissed off investors here will have the SEC whistleblow on him. Cannabis science CBIS, it got suspended then halted. it was still trading at two CENTS when they whistelblew on it. It made NOTHING. KALY still tradest today at like 0020. go to its site on investorshub it says right there this doesn't even make a product caveat emptor.
Ballast took a startup that went 50 cents in 2014....and waited until the saturation of pot in 2019 to run it into the ground with same convertible scam being used by all the rest. So, he can't just pack up and find the next online town. He's gotta try to make this business at least still sell product.
but any hope of getting this thing off of nobid? not really. love will have to come back to the entire pot sector.
also right now it would take just 61K to get us to trip 1 trip 2 , maybe some mook will come along and drop that in one big whoosh....but anyone who has done the least DD will know this stock is dead.
who knows? maybe Jim Baker will help UBQU sell cannazzall through its ambassador program....while other startups come, explode, scam out and die. Maybe sooner or later we'll be the last one standing, like Bubba Gump shrimp going ballistic because it was the one boat which survived the hurricane.
not the way to bet, but hey, none of us can sell out. maybe God willing, he's looking out for us, locking in our future profits.
jimmy ballast needs bubble gum money.
They dilute once a month right after the pr every month....dunno why anyone expected any different
ya HLT ubiquitchtick whatever hasn't been at a show in like....since 2017.
was hoping they'd start, but they are still of a mindset that they are one of 12 startups circa 2014.
sadly, going back to one of my long discourses, this stock is dead with little hope, except that each of these startups might fizzle in the pan, and canazzall is liked for its flavor, and effect.
oh, btw, I heard from my wife and local users that the CBD sold at fred Meyer's/Kroger, from CVSI....yeah there might be a reason that stock which went dollar holler 5 dollar in fact back before potoggeddon is threatening to head back to it's penny stock roots. they say the stuff is bland, unspecial with little effect. every time I see the shelves, they're full. so along with other pot stocks, I sold 90% of my CVSI 6 months ago.
more startups, but which one becomes a unicorn? dunno. Canazzall is a great product, but we need ballas and his management mentality out of the way before we can see if it can survive. we also need a resurgence of investors in general back into the pot sectors. the press now hates the pot sector in general. sooo….well that.
lol, great joke BCH,
but, I am sure that if Jimmy boy was in jail and say, mike baker was at the helm as Canazzal is still moving, I am sure a few things would happen.
- those lot of investors who are hopping mad and talking about class action suits, and have in the past found data where jimmy boy went to the well to get 10B shares, twice? They found previous docs where jimmy went to court on some of his past frauds. They'd find the data he's in jail.
- and they'd post it....and this stock if it has any chance of getting out of nobid, would find that possibility then.
on the 911s
my guess is market manipulators or even ballast himself, for the cost of 9 cents (without trading fees or for a few bux) can send a false message to folks like us who are desperate for hope to buy a million or two.
at this point, if ballast or a MM can get a hundred bux or so from this dead horse, it's worse the sacrifice bunt of selling off 9 cents or 5 bux on investorshub.
the reality is...no news no news
to answer the question though, yeah Hemplife is still selling cannazall. Ballast kinda has to. if he stops or worse takes money and doesn't give product, at this point the better business bureau or the STC/OTC comes down on him shuts him down like they did CBIS and in this environment there's no more scams to conquer. the 2010s might have been the wild wild west for penny stocks but we are closing on the age of the automobile and WWI for penny stocks. and MJ pennies are dead. too many, UBQU was something when it was ubique...er...unique or like there were 12 stocks out there ….now....eh you can buy CBD at wal mart and kroeger.
no public update:
ballast put out crap press twice a week beginning of 2019, pumped this pig up to 0030 at the time. then ballas just dumped....BILLIONS into bids that totaled millions and drove it to trip1 /trip2 for months. once ballas was done doing that with 10 billion shares, he went to the fake lender who was his agent and got another 10 billion shares, didn't bother to file with SEC OTC by the way and dared write a press release saying no conversion for 6 months. I started dumping millions inot the 600 million trip 1 bid. but couldn't dump it all. ballas got nervous and dumped a billion into a 600 million ask and here we are at no bid.
and the trip 1 ask scab is just probably 300 mil mms, 300 mil or more ballas, and ballas is still easily sitting on 6 billion shares
ballas muight be a slow learner, but he didn't learn you can't just write a press release with nothing in it then dump. it worked for him circa 2017 cuz there was hype throught eh MJ sector. Ballas doesn't know that Einstein said "doing the same thing again and again expecting different results is the definition of insanity" ...he just kept dumping.
ballas' second to lass presser was "made 3.9 million in 2018. well most peeps expected more than 4 mil. it was a loss, and ballast stopped even filing 10Qs....this shall EVENTUALLY cause the SEC OTC to come for him. but of course he did with his bank shutting him down for months production and sales halted. sales in 2019 must have been dismal.
his last PR was "help strife redoubles its attempt at catalyzed growth!" ha, true but a true lie. he DID redouble his efforts....he borrowed another fake 10 BILLION shares, now 20 billion in dilutables.
so now what's he gonna write? he has agents and witnesses have acclaimed he's been on this board before. He's read all the criticism, all the hate, and the outright promise that a few big investors here who have resources and monies are seeking some justice.
whose he gonna fool with a fake press release?
we continue to sit on a dying thing that is one step from finally not being tradable. with the hope that something out of ballas' control to wreck will lift the stock enough for there to be joy again or for us baggies to just sell and gtfo a lot of us a -80 to -99% loss.
o
oh yeah, and their COO luke dreyer dried out ballas by ninja divorcing UBQU in early 2019, and now runs his own CBD joint trifecta. The packaging is nicer, the website is snazzier...and luke put out a few youtube videos showing how you can be an ambassador for him. he also stole jimmy boys mailing list and finally UBQU has caught up and has decided to mail its customers again. with luck, UBQU has only lost 50% of its customer base to trifecta. since trifecta isn't publicly traded (why? luke probably is running a solo op where he can just pocket the profits on sales direct. even if lukey boy wanted to repeat the dilution scam first he needs to pump his product, putout an IPO and then do quantitative easingly SLOWLY so when he dilutes he can get top dollar , drive the price up still, keep investors happy and not drive his product to nobid and get investor hate. joining mjna, xreg, hbrm and all the other nobids jimmy and his oldschool cronies have made worthless
so yeah, ubqu's in business, the only hope is some weird resurgence of dumb investors grossly into the CBD world, that mike baker can make ambassador go viral (little hope with luke's snazzy stuff dancing around trying to poach all fo ubqu's business) or ballas stepping down in a way that guarantees smarter management. but then again, luke just left nad stole, has the same suppliers. luke claims trifecta IS cannazall's recipe. jimmy doesn't own the means of production....so no need for luke to buy the cow when he stole the milk and the cow is metaphorically walking towards him.
so sadly. we're screwed. that's the short answer to so many questions. we can't even sell unless we wanna get on investorshub. magically transfer our sharest to it and then dump them at 000001 and take another 99% loss on our already thrashed losses.
in time I am sure those folks I once hung with are working on a class action lawsuit. it won't do anything other than shut jimmy down. I don't expect to see a dime. even so, I do believe the day of jimmy finding a penny, pumping it and diluting it to the tune of millions are over for him. I'm hoping for a tennis farm prison like martha stewart, even 6 months for him. but I'll be happy if he's only pocketing hundreds a week as he twists in the wind not being able to do anything with a once great product he ruined.
I saw a single 911 trade first thing of the day a week ago.
dunno how many are circulating now.
yes I got the email too....
at first I was "well stocked eh? that means you are reaaaaalyyy low on sales then"
but actually, no need to be down, power of positive thinking my friends
GLTA
Ya I was going to remark also that ask is now 620 mil and climbing:
and I agree I doubt that's good news.
It DOES mean we are about to get "news" or the RUMOR of "news" is being believed by MMs and ballast (who might also be the one asking for the news)
in effect, even tho UBQU be deeeeaaad…..ballas still gots 5.5 billion of ballast to unload, so even a mini-pump where peeps come rushing in to buy 10 million (still a thousand bux) could net ballas thousands....and market makers who were left holding baggies? they could just get the eff out.
also could be some retail investors hoping to get in the queue to cash out.
but yeah, doubt over 60K of buying will happen with the extreme amounts of pain the entire pot and cannabis oil pennies are still suffering would cause a 61K dollar buy in here.
back to bidness as usual....except....well now you might see the ask scab get to a billion....
eh, even though I'm pretty sure it was an ihubby finally tired of the shares they bought at 000001, who knows? ballast is still sitting on about 5 billion shares unless he can dump them at XREG (he sure ain't dumping them at HBRF)....maybe he felt a little peckish and needed a tenner for panda depress. that could get him some sugar chicken with a side of white rice.
No tip, but I'm guessing ballsy ballast can't afford tipping much nowadays.
actually, it would be more fitting if he ate out of the dumpster. get it nyyuck nyuck he dumped shares so he should eat out of the dumpster nyuck
Did you hear about the octopus that is in trouble for having a health monitor? A squid go pro nyuck nyuck
Good . There’s some mm who really is scarfing up 0120 in mass quantities. Loading up to pump and dump or does he know? ...regardless not a lot of tanking up. But by sane token dilution holder isn’t placing huge asks anymore. I’m thinking the dude grabbing at 120 is slapping it on the ask at 140
Well even so a pr would be welcome
Is this a c u next Tuesday joke?
The only reason I believe they won't close up shop short term is because if that was their plan, why not close up when the banks stopped allowing their credit cards?
Now, the SEC/OTC might do what they did to cannabis science. There are more angry investors here clamoring for ballas' head, but at least canazall selling is still a going concern. But, Jimmy hasn't filed an expense report or whatever now pushing a year and change. now, Cannabis scionz! hadn't filed for multiple years and their CEO was indicted on many counts of fraud. Yeah, ballas did too, but he went to court and far as I know, he's not being wanted for anything at the moment. So, he might slip the noose of getting OTC/SEC shutting him down, or not. at this point I see that as a crapshoot.
It is possible that mike baker sees the possibility of growing once the stranglehold on the entire MJ industry is loosened. I still believe strongly that Ballas has got nowhere to go, no new scams to start up, bills still gotta be paid, and golf course fees ain't cheap, so he's gotta keep keeping on. And Luke bailing and doing a younger, sexier version of Hemplife through trifecta proves that to me. as previously mentioned, everyone is trying a startup, and UBQU is now one of those many startups. Ballas always needed sexier marketing besides himself. He probably thought that his stock would recover as he dumped 10 BILLION (about 7B) into it. now Luke is trying that. And if I'm right, why would mike or james tell you the truth? um, yeah, we managed 2019 so badly that our COO quit in disgust and stole our client list.
it is kind of dead money. The only hope is that the US government and the states start to understand that CBD has no THC, and that its got great medicinal value. of course, that will probably make stocks like CVSI soar. Of course, if Mike Baker can consult with James, maybe Mike can either grow ambassador, but moreso, just update the website, update the marketing.
even if a miracle happens, and say, they start making a PROFIT on canazall sales, james might not even write a PR about it. why? he's probably pissed off at us, slamming him all the time, siccing the OTC on him, etc. he'll pocket his profits, slap his remaining billions on the ask as it gets bought, and make money the old fashioned way. it is very clear he didn't give a crap about his investors.
with all that being said, yeah, it's kinda dead money. Good luck to all, prayers for a lucky day. dunno how to do it, but you guys could get on investorshub and get 000001 for it....then again, emailthecheque just wrote he can't trade anymore...then again, email's messages are hard to comprehend. then again, every day, I see the price drop to 000001....so (shrug) whatever.