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Why can't some Reddit guys run this like they do for those Chinese stocks? Did you see the action on TOP, MEGL today? UCPA is actually a better company, low float, etc. Since management, old or new would do nothing, it might be our only hope to get out after so many years of holding.
Thank you for the link.
Looks like they generated an operational profit as opposed to a loss the year before and are still optimistic about the current year given the global economic situation.
Wasn't the 10-K supposed to be out by now?
Please, do!
Does anyone know what happened to the ucpworld.com website?
It's not accessible any more.
Given what I have to say most likely not but, if he does, I will let you know.
Thanks, I'll try that.
Does anybody have an email address for MS CEO?
I couldn't find one and I'd like to send him some choice words.
Nobody's been able to figure out why they wanted to keep such a low profile over the years, while their revenues were consistently in the 45-60 million range. Of course they paid themselves very nice salaries and bonuses to avoid paying US taxes. My guess is that they wanted to escape the scrutiny that comes with increased public exposure, audited financials, analysts ' ratings and regulatory issues. Hopefully the new owners will see the rewards in driving up the PPS as a catalyst for growth.
I think the key phrase in the chairman's letter was "During the three months ended March 31, 2022, the Company contracted many new clients (+13) and also sold new projects and services to current clients."
That can only mean growth in revenue and hopefully profits in the very near future.
Thanks, it's what I was looking for but couldn't find it.
Where is it? Do you have a link?
What happened to the 10-K?
Was supposed to be out 2 weeks ago. Even with the extension it's still overdue.
Well, there's something we don't know or the Swedes did't realize what they had. I'm leaning toward the latter because for 10 years these guys did absolutely nothing to increase the share price. They did grow the business almost every year but preferred to pay themselves very nice salaries and big bonuses rather than show a profit. Never PR'd any new deals, never put any numbers on the deals, never considered paying for audited financials, restructuring the shares and/or uplisting. I don't know if it's ignorance about how the US stock markets work, stupidity or some kind of convoluted planning. On average, companies in this industry have a market valuation of 1.3-1.5 times sales. These guys have probably made close to 50 million in sales last year, hence a fair pps of at least 4-5 cents without any other considerations for an increased valuation (i.e. Local Planet stake). So, since they owned 1.2 billion shares, at 4 cents/share that's 48 million USD. Maybe they needed the cash money right away and are going to quickly disappear from the company, maybe they hope that Making Science stock is going to 300 (fat chance at an average trading volume of 700 shares/day) or who knows what they were thinking.
Anyway, let's hope that the Spaniards realize what they bought, have a better understanding or counsel for the US stock market and bring UCPA to its fair market value and beyond.
I do not know if any of you guy saw this, one day before they announced the 70% acquisition of UCPA:
https://www.adweek.com/adweek-wire/making-science-announces-global-advisory-board-adds-a-trio-of-us-executives/
Looks like they plan on rapidly expanding in the US.
Hopefully, it will be under the UCPA umbrella as a holding company.
Well, it's possible but out of our hands. Hopefully, MS will not ignore the minority shareholders like UCPA did and will put out PRs with numbers as deals happen.
Everything good, time to finally get rewarded.
A few facts and thoughts:
This is a PR I found from Making Science
Madrid, October 25, 2021
MAKING SCIENCE GROUP, SA (the "Company", the "Company", the "Group", or "Making
Science") by virtue of the provisions of Article 17 of Regulation (EU) No. 596 / 2014 on
market abuse and in article 228 of the revised text of the Securities Market Law, approved by
Royal Legislative Decree 4/2015, of October 23, and related provisions, as well as in
Circular 3/2020 of the BME Growth segment of BME MTF Equity, hereby discloses the
following:
OTHER RELEVANT INFORMATION
Making Science becomes part of the global network of Local Planet media agencies with the
acquisition of 7% of the global holding company. By this acquisition, the company becomes
the preferred partner for digital business and data analytics at a global level, having access
to a network of 56 agencies in 68 markets and business opportunities for multinational
clients. Local Planet manages US $ 17.1 billion in ad spend around the world, with hundreds
of local and global clients. These customers have growing digitization needs which provides
Making Science a great opportunity to commercialize its advanced digital technology and
services.
In compliance with the provisions of Circular 3/2020 of the BME Growth segment of BME
MTF Equity, it is expressly stated that the information communicated hereby has been
prepared under the exclusive responsibility of the Company and its administrators.
We remain at your disposal for any further clarification.
Yours sincerely,
CEO of Making Science Group, SA
José Antonio Martínez Aguilar
Now, since Making Science bought 70% of UCPA and UCPA owns 100% of Tre Kronor, which in turn owns 6% of Local Planet, that means that as of the time of acquisition, MS owns 13% of Local Planet.
Combine that with the fact that through UCPA they have gained direct access to the US stock market. If they put all their assets into UCPA as a holding company, then I think it is not too far fetched to assert that at some point in the not so distant future the share price could reach $1+. Hopefully, this was their plan from the beginning or at least a possibility they should consider.
Welcome to the frustration club guys! Been here many years, wrote many letters to management, no answers. They simply don't care about the s/p until they're ready, so we stay completely ignored.
Nobody here is satisfied, but that's the way this company is run, like a private company with complete disregard of minority shareholders' interest.
Everybody on this board with a vested interest in UCPA should write to Niclas and Lars and give them a piece of your mind. I did, but never got a reply. Maybe if they receive 100+ emails from irate shareholders they will respond and even do something to bring the share price where it should be.
I think that all of us with a vested interest in this company should email Froberg congratulating him on drawing a super salary for doing a great job at growing the company and also to thank him for having our best interest at heart and the stellar performance of the share price.
This is the only company that does it. It's a completely different mindset than that of a typical American company. They do not give a hoot about the minority shareholders and they run it like a private company. Few years back I wrote to Froberg about the fiduciary duty to always maximize shareholder value. Never received a response. They own 75 percent so they don't care. Only when they will be ready to sell we will see a huge spike in share price. That could be soon or take years. In the meantime they draw handsome salaries and couldn't care less about us.
Ok, thanks Kramer!
Earnings for Q1 due today?
Why don't you enlighten me?
I wish a trading group like the ones on Reddit would pump this to the moon so we can get it over with. The market is crazy lately. Forget GME,AMC and the others; did any of you guys see the action in GBR yesterday? 5 million shares outstanding, 2 million float and the volume was 95+ million for more than $1 billion in value. It went up more than 1000% in one day and their quarterly revenue was $590K.
UCPA makes $15 million per quarter!!! Boy, some people do get lucky.
Aren't there any standards before listing to NASDAQ?
This company is listed with 2 employees and even at $2/share its market cap is around $20 million. 2 persons, what the CEO and the CFO and its worth $20 million, ridiculous!!! Some even speculate it will go to $50/share in no time, just by putting out PRs. Really, a $500 million capitalization with 2 people? Then Amazon should be worth at least $500 trillion!!!
Thanks for the update man. Nothing has changed, they never file on time.
Where is the 10-Q? Today is the 15th, they were supposed to release the 1st quarter report.
Well, we all have the choice to email Niclas and tell him to get his head out of his ass. I did, got no reply.
Welcome to the frustration club. I have stated on this board several times that management of this company does not care about the pps and hence about minority shareholders. You could win big, eventually, but in the mean time(and that could be a long time) your blood pressure it's going to spike. These guys (Niclas, Lars) have an exit plan but they will never, ever share it with us so, we will never know if it will be in 2 years or 20 years. Unfortunately, even if one would like to get out and sell it's practically impossible since there is no volume.
The UCPA website is under construction but the Tre Kronor one is working https://trekronormedia.se/home
Scrolling down to "Our History" one can read the sentence that baffles me the most: "Our achievements have so far won us the award for Best Media Agency in 2009, 2010, 2011, 2013, 2015 2016, 2017, 2018 and 2019". First place every single year since 2009, but for 2012 and 2014 when I believe they came in second; and yet they loose clients and the stock is trading below a penny. Unbelievable!!!
First of all, Matthew, thank you for all your efforts. However, as a long-term shareholder I'm not very optimistic that you will succeed. I have been with this company long enough to realize that they don't really care about minority shareholders and that they are not by any means bound by the fiduciary duty to always maximize shareholder value. I believe they have their own plans which, of course, cannot be shared with us. As you can see from the latest filing (note 11), even though the company's posting a loss for the quarter and definitely for the year, that hasn't prevented them from paying themselves hefty management fees and bonuses. Last year also they could have easily shown a profit of over $1 million if they really wanted to. The note does not include bonuses and fees paid to other members of the board and employees which are hidden in the selling and administrative expenses. But why pay Uncle Sam its share and draw attention to the company being profitable when the strategy is to stay under the radar and keep the share price as low as possible. Management are definitely not hurting by the slowing down of business: high salaries that we don't know about because again, they are buried under selling and administrative expenses, bonuses, fees, whatever. I find it strange though that a company that consistently wins the award of “Best media agency” in Sweden is losing large clients left and right and they're not able to make up for those clients with new big ones. Also, they do not have any of the large Swedish multinationals as their client??? Maybe it’s just a coincidence but it seems that ever since Niclas stepped down as CEO of Tre Kronor and that Hakan guy took over, things started going south. Often times it’s not easy to find the right successor when one of the founders relinquishes operational control. However, they are probably stuck with him after granting him many millions of shares and in my opinion, intentionally not promoting the stock to keep the pps low so that he can buy many millions more on the open market. I believe he now owns close to 150 million shares. Even if they let him go, they cannot get the shares back. Maybe it’s just me being a little paranoid with frustration. Even with the slowdown the pps should be around 4 cents, but they will do nothing to bringing it up because at this time they do not want the increased scrutiny that comes with notoriety. God forbid an analyst would start covering the company and they have to file audited financial statements. I’m sure though that when Niclas and Lars will be ready to retire and sell, we will see the pps at its fair market value, but that might be many years away. In the meantime, like I said before, I commend you for your efforts and I hope you're successful for all of us but, I'm not holding my breath.
You are one year behind. $58 mil was in 2017. In 2018 it was almost $67 million.
What would be their advantage in taking the company private?
We all understand that this entails high costs, more public exposure and scrutiny (things they might not be ready for yet), but we are at least entitled to some forward guidance about what benchmarks they want to hit before starting the process.
Well, Mr. Clean, when you meet with Niclas you should tell him we're all happy with the continued growth but would like some future guidance about when or if the company will take measures to bring the pps to fair market value.
May 1st, they filled for an extension. May 15th is for the 10-Q, quarterly report.
Well, that was Firebird, because they pretty much financed Avax over the years and were not stupid to lose all that money for nothing. Even the principals of BioVaxys are formerly involved with Avax no mather if they say otherwise. The problem was not that the science was not there and actually very effective in saving lives, but being a good scientist does not make you a good businessman. To have something that works and not be able to bring it to market in 20 years says everything. Now they transferred all that knowledge and clinical trials to the new company and you can bet that soon enough it will go public to raise new capital. Of course, common shareholders of Avax lost everything.
But hey, look at the bright side Powerbattles, if you lost money in Avax you can use it to offset the huge profits you're going to make with UCPA.
Someone executed an after-hours trade that brought the closing price down almost 15%.