I have cut loss before on stocks that I considered lottery picks. Brewbilt was one...(Thank God I cut that one at .0065 from .01) I cut Optec, I cut many others. I don't cut UNQL because they have a profitable business and have demonstrated their ability to follow through on their promises. I also continue to hold this stock because of the revenue growth factor. Margins can always be improved but market share and increased revenue is what I consider an indicator of unrealized profit growth. I happen to have some experience in marketing and I can tell you that a company which can bring in more revenue always points to professionalism and quality customer service. UNQL has been very transparent in how they intend to be listed on the OTC which is also to their credit. I dig honesty. I like how they don't try to saturate their news feed with meaningless fluff, which says to me they aren't running a scam. I like how they do business with Autozone, and CARPARTS.com. I run financials for a Collision Center and I can tell you that parts purchases from overseas Manufacturers is at an ALL TIME HIGH. I'm dead serious. Why do you think Allstate took such a big hit on their last earnings miss recently? BECAUSE CLAIMS ARE UP. When claims are up (auto claims specifically) Parts purchases are also up. Most of the parts manufacturing companies are overseas. Who do you think ships those parts? CARPARTS.COM does. That's who. Now, we still have Asia Pacific Logistics to acquire, but one has to wonder if this company is ready for the big time. It seems as though they are to me, if they attract institutional buyers on some type of insider leak or info the SP will thrive following the RS...There's always HOPIUM. Cheers:)

Whatever the case may be, the share price sits close to support and presents a decent entry level starter for anyone who wants to own a NET profitable cannabis stock before congress catches full blown FOMO. jmho- I grabbed a few today.

I think much of the buying power that should be pushing this up is waiting for the up list. I could be wrong but I doubt it. Fact is, UNQL retreated in share price despite being a solid, high growth company because the reverse merger with INNO tied them to two dilutive financiers. (Trillium and 3A capital) These two entities were needed at the time and they sold shares to the bid to get paid back on the money they lent UNQL. What scared people away was the realization that UNQL, 3A and TRILLIUM were all essentially one company. This would have been fine if OTC had longer term investors instead of paper penny flippers who fall apart and cut loss, feeding shorts and driving away bulls. BUT with 35 million NET operating capital from their new IPO (45 million gross) AND the prestige that comes with being listed on NASDAQ. I highly DOUBT this company will be EFFIN around anymore so to speak. They will want to create shareholder value with the monkey (Trill and 3a CAPITAL) being removed from their backs. Can't run with the big dogs if you pee like a puppy they say.

Have a great weekend everyone

I wonder how long it will take for options to open up after they hit NASDAQ. Tomorrow I will probably be looking at buying MRMD for a swing trade if it stays .70 or below. Made a small fortune off that one earlier this year. I need to start working on these other plays so I can average down on this one with house money. Funds cleared today so tomorrow I'm gonna make a move. My DD is pretty strong on this one. Risk Reward is really good, but I prefer a good options call instead but everything is just so slow on the volume side. Very little hype or fomo pushing stocks up right now. There's more FUD than fomo therefore I guess I should look at either puts or a perfect swing. Have to be careful though.

I'm willing to bet the noteholder is almost out of shares.

Just deposited some more cash to add to my arsenal. Can't wait to put it somewhere good. Keeping an eye on this turd too, in case I need to grab more shares. In no rush

Yea but following the reverse split they will have one thing going for them. That is trading on around a 35 million share public float and no dilution after the initial offering. Obviously they are waiting to release press on the Asia Pacific merger/acquisition so that it is timed with their NASDAQ uplist. This could go well

They most certainly are going to NASDAQ. E.F. Hutton is underwriting they're heavy hitters in the industry. Furthermore, you can type in the ticker on marketwatch.com and see the pre-IPO already in the search bar. It's almost a guarantee. What people don't consider is the Asia Pacific Logistics merger has already been inked. The NASDAQ ipo proceeds are going to be used not only to clear off dilutive financiers/notes but to purchase the 61% controlling interest in Asia Pacific. Most certainly will be cash on hand following the uplist. This is an interesting investment from my view, I could have sold for profit a few times now. (Not many, mind you.) But I am holding because I look for a true bull trend to sell my investments. I don't mind seeing red, but to be honest there are alot of BB stocks doing just as poorly as this one right now failing investors. Time is on my side.

Cracks me up. Literally a real company with real profits that actually HAS to reverse split just to leave behind the horde of useless cheap penny flipping ding dongs that plague the OTC. The majority of which have no money to make a dent in which direction the price per share moves. This is obvious when looking at the updated outstanding public float which is MINISCULE relative to any public listed company. The volume has been the equivalent of what you would expect from a ten yr Olds lemonade stand somewhere in Alabama during July. IN SPITE OF THE FACT THEY DO BUSINESS WITH AUTOZONE AND CARPARTS.COM AND ARE ABOUT TO MERGE WITH ASIA PACIFIC LOGISTIXS. 3flight already knows it about to hit. I wouldn't be surprised if he was short and about to have a panic attack worrying about the press release with Asia Pacific. I would be if I were him. Your looking at a 200 million public float that trades for a penny. Any news would send it higher.

I'm not interested in donating money to someone else so they can buy their borrowed shares back lower and pocket the difference. If that's your strategy best of LUCK. Paper loss means absolutely ZILCH to me. In this market things can turn around and the only reason to ever sell and take a loss is if you need money. Which I dont.

Interesting day

As always threeflight, you provide an invaluable insight to this board and I extend my gratitude to you sir. As for me.."I'M...NOT......F*CKIN ...SELLIN!" Besides I am already down 97% bahaha. In my experience though, it is better to ride the storm out. Maybe you will win some other trades in the interim while you wait for your paper losses to gain. Maybe the stock does a 180, maybe not. But it is never a loss until you sell. Obviously many people that held this paperhanded it to the shorts. Whatever to each his own. I am watching every stock out there persistently not just this one. I have plenty of reasons to believe I can get my cost back to even on this one using house money but I'm not jumping on anything just yet. The market is to hard to read right now. I've got a lot of tickers I am interested in though. You can bet my house money will be going here to lower cost.

Rinsing off the paper hands nicely these days.. hehehheh

man these declines in SP are so brutal. Sucks- The OTC is ROUGH! oof

Just remember one thing. Every single borrowed share has to be bought back at some point. They can't stay short forever because things can turn around pretty quick. Mess around and wait to long to cover you could get yourself hemmed up.

I don't think dilution is the goal at all. From what I can see the reason for the RS is simple. They cannot attract serious investors on the OTC period. There is no institutional buying down here in the trenches. Take a look at the updated public float. The increase in outstanding shares on the public float has been minimal and I was suprised because I thought they were dumping like mad, but it was just a bunch of penny flippers the entire time cutting loss. Once they get to NASDAQ what I keep telling everyone is you can hedge with PUTS once options trading opens up. If they can market the initial public offering well or time the publication of the press release detailing Asia Pacific Logistics the IPO could be high volume and squeeze. I am not saying its a guarantee or even likely but it is possible. But I honestly don't see this company trying to use the RS as a jumping place for more dilution. Will they do an offering at some point later afterward? Of course. What remains to be seen is just how serious are they going to be once on NASDAQ in being successful and attractive as an investment. I could care less right now what's happening Ive got time.

They will get to NASDAQ, I would be surprised if they didn't. I don't know why everyone thinks it's so difficult. I saw AMPG uplist to NASDAQ after a reverse split and they were worse off than UNQL by far. After the reverse AMPG saw some big gains before the fundamentals took it back down. In this case though, the fundamentals are actually decent so who knows?? Maybe turns out well

wtf happened to my 01's barely even dropped. I'm not loading 02's unless I have to. Should get some more sellers

Going to wait until tomorrow to add. See how it looks around midday and go from there in case its still selling off.

Really the OTC is in transition due to the SEC clamping down on front loaders. They arrest these twitter whales for stupid sht like selling into their own pump when the real criminals are the fraudulent CEO's like Roger Pawson, of OPTI (bankrupted around 4 or 5 tickers each time claiming health issues for stepping down) The only things bouncing up right now are already heavily oversold and/or illegally manipulated in dark and murky schemes of which retail is blind to. I have seen ppl getting blindsided in the OTC around EVERY TURN. literally the only OTC ticker I seen trade clean was ILUS but that hit a top and will bear trend now for a while. So yes, I prefer UNQL to trade on NASDAQ with a 33 million share public float. HELL yes. That said, 20 days minimum before RS and a good chance of a panic sell to .01 Monday- and imagine the possibilities if we average down our cost at 01. Instead of 026 that's a ONE HUNDRED PERCENT DISCOUNT.-- once the panic subsides up from 01 is very very hard to dispute will take place. They want 1 for 300 or 1 for 400 and they need 4.00 for NAsdaq. So that means they believe it goes no lower than 01- which leaves 3 weeks to play an oversold bounce after averaging down

20 days minimum before the RS so tomorrow when a bunch of idiots take the haircut we can lower cost at .01 and within a week catch even on the rebound

I'm guessing at least 20 to 30 percent drop Monday sounds about right. I have never seen an OTC stock announce an RS and not drop so I am fully expecting and already presume the price is now .017

I doubt remaining on the OTC would be wise right now, there are literally no twitter whales left to even provide the buying power needed from retail in an organized effort to see an OTC make gains. There are some decent discord but they pale in comparison to what Gallagher was capable of. Even if he dumped his position followers always kept the hype alive. This stock isn't going to reward investors while on the PTC save for some random 30 percent gain followed by a sell off and right back to where it was before. I mean, look at how they have been shunned by the OTC following extraordinary earnings and profit. Unheard of in the OTC. They announced Autozone in a PR- no gains. They announced carparts.com No gains. You can say dilution but we just saw the updated float and there's only been 50 to 75 million added to the public float. Which granted seems like a lot but the pps is so low that's not very much money. They want institutional investors because retail sucks.

Yep as you can see... there are several possibilities this company has planned for. One is a sharp decline in sp come Monday on heels of the 14C filing. This is obvious because of the announced range of their RS. 1 for 300 or 1 for 400. They need at least 4.00 to be on NASDAQ so clearly they want to be covered if retail cuts loss down to .01 (highly unlikely) its obvious they've already inked the deal with Asia Pacific logistics and are waiting to publish PR on a timing basis. HOWEVER. Once on NASDAQ what you will have is a 33 million share public float. AND on top of that, availability to institutions, banks, and aggressive portfolio buyers will now be on deck. NOBODY will ever recommend .025 penny stock to retail when they manage a hedge fund but, newly listed traded company with 1billion revenue and profitable? Yes there will be institutional buyers after the uplist. This money you will not find in buying power while on the OTC it is only to be found in the upper class. That being said, I see these nasdaq low floaters squeeze pre market all the TIME. So it is not off the table that a squeeze could get your cost basis back to even. My advice is to hold and buy the post RS dip if there is any. In some cases an IPO might sprout wings and volume eats up the offering and that is not impossible either. The company is clearly smart. They are audited. They are transparent. They want to be rid of the toxic lenders they hosted from the reverse merger. Let them do it. I say, so if the IPO flops. Hold your shares long and buy PUTS after they open options. Then buy the dip on your long shares after the float settles and lower cost. But never sell for a loss. There are to many better strategies then cutting loss. GLTA

When they land Asia Pacific logistics and become a 1 billion per year revenue company I'm certain they will lay out a plan on how to also increase their profit margins. It could come in the form of anything. Hype. Fluff. Rock solid organics... won't matter. Sometimes once these these things gain steam and the right funds invest... don't matter... just goes and goes. I expect nothing except to be disappointed and I'm happy either way. Will be here when the dust settles. Got many others on my radar with this one. Cheers to an awesome weekend and if red on Monday? Cheers to that too!!

Ok so keep in mind, excessive volume trumps all. If NASDAQ likes their IPO and the new 33 million public float believe me. You will make back your money and then some. That's the first thing, second, the IPO will give them 35 million in operating capital which is free cash flow. Honestly? An RS and NASDAQ is the best thing that could happen here. They aren't going up in the OTC YOU CAN FORGET ABOUT THAT. Every pump n dumper in the SEC that supports OTC gains has been arrested and assets frozen. Now is the time to leave the OTC. This is a smart move. Debt will be paid. Merger with Asia Pacific logistics will drop at same time. NET PROFITABLE EBITDA PROFITABLE with raised forward guidance and potential sector trend when supply chain becomes more liquid. I am excited and I could care less of my excitement gets punished with a decline. I will wait for the bottom just to buy more. Idgaf

AWESOME so what will the float be after the RS they reduced the Authorized shares down to 250 mil. Very manageable post RS.

Ongoing health issues? I think you misspelled "death threats" Pawson. The only reason that Pawson lives is because all of the people he has robbed are now so poor they can't afford to even pay attention anymore.

The only plan I can see is the one where they extended the two remaining notes out to mature after Jan 2022. The fee to extend was 120k so why would they PAY 240,000.00 out of pocket to a noteholder for an extra 3 months? Because of the prospect of 35 million initial public offering proceeds following their IPO. Reduced float and a press release timed to correlate with with IPO (Asia Pacific Logistics controlling interest and added revs) Will not only rid them of Trillium and 3A but put them on NASDAQ with little to no debt, and EBITDA profitability. Institutions or banks could find the investment attractive for their high risk or aggressive portfolios. It doesn't matter to me. I'll only average down here using house money. No way I'm taking anything else other than house money to lower my cost. Hold until the wheels fall off.

I had my drinks last night and the best part about it was I woke up the next day to find that I had not drunk texted something stupid and random to a single ex girlfriend. Which made me ecstatic as that has never happened before. Rockets!

This company could be trading higher on forward guidance of increased EBITDA profitability alone like so many others do. But it isn't because of management's choice to use dilutive financing in the past. What they should have done is let their share price appreciate like it was initially doing and then raise equity through an offering once it hit a top. But noooooooope.

Watching for 3.50's to come into play. I suspect 2.60 to 2.85 will be the bottom here but you never know. They haven't exactly been achieving anything of merit this year so ...

In case anyone was wondering why MRMD doesn't hold gains, it's because there is a noteholder converting shares and selling them at will. These guys have no patience and will dump into the market whenever the share price starts to appreciate. The current noteholder has some 6 million shares I believe, give or take. With that said, if volume was high each day the noteholder wouldn't matter but since it is NOT. This A-hole will make the stock appear to be dead. These guys are the worst thing imaginable that can happen to an investment and your guess is as good as mine as to why MRMD used dilutive financing. Maybe because they can't borrow from a bank until safe banking act passes. I dunno. Love this company but sooooo sick and tired of noteholders popping up in my investments. They are like a virus that never goes away.

RSI14 IS 23 and stock is being oversold-

Shot in the dark, but maybe Sunandan wants his companies market capital to go UP? Not down

The Authorized shares count is 800 million. It states at no time whatsoever will the outstanding share count exceed the Authorized share count. This is something a lot of ppl ignore but is important nevertheless. Imho.

From a technical standpoint, the triple bottom on the chart is an attractive setup for just about anyone

With the RS and uplist they will do an initial public offering at the new share price. If NASDAQ likes the stock and business model it won't have much of a dikutive effect though. Volume could easily absorb the IPO. The float will be tiny in terms of NASDAQ and if a day trader squeeze hits you could be looking at gains immediately following the offering. I seen it happen with OAS after their reverse from .10 to 10.00 they are now trading above 90.00.

HAHAHA good eye. I seen a few guys like him in here from time to time, I wonder if its the same guy changing his handle around. Good entertainment though. I like how he really tries to sell it.