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STOP SIGN REMOVAL REQUIREMENTS as posted by OTCMarkets are as follows
hahaha, I'll have to remember that. Still watching OTCMarkets till the grandkids show up. See you in the Morning, let's see how it goes!!
Who is your Mortgage through? Even with a 822 Mid FICO 2,4,5 Underwriting gave me fits even though Pre-Approved for my property. LOL But I get what you're saying. Hopefully it gets wrapped up soon, and everything included in the silly filings makes it a great ticker to hold and not just flip.
Excellent, then all that is needed are the first two Qs of 2021. And the VERIFIED Profile. Forgot that one, but it is also required. Looking good for at least Pink Limited. Not a done deal yet, but headed in the right direction. GLTY!!
The Attorney letter is required as an element to UBQU becoming Pink Current. It's not really needed as a part of the Pink Limited Process, but is to become PINK CURRENT. This leads me to believe (opinion only) that the goal is to become Pink Current. But with the certification from the lawyer, UBQU has fulfilled an important element in the process. Pink Limited can now be achieved with the filing of 2021 Q1 and Q2 Documents assuming the earlier filing also contained the 2019 disclosures. Pink Current if they file Qs for 2019 and 2020. Didn't read the 2020 Annual Filing closely so I'm unsure if it covered 2019. Perhaps someone else has that section available for posting. I'll look through the entire filing more carefully this evening.
Yes there is, and that one is very significant. Great news for UBQU shareholders
OTCMarkets will review the filings for compliance once all are uploaded. Only one so far has been submitted. We're still waiting on the others so OTCMarkets can review them. Could happen at any time, so keep your eyes on
https://www.otcmarkets.com/stock/UBQU/disclosure
Look for VERIFIED PROFILE and each of the REQUIRED Filings. Each will appear the Moment UBQU uploads them as they did with the first today.
Well that's one opinion. Others would say traders were hurt by some pumping stocks as they declined. In my opinion if anyone traded based on the opinions expressed on any IHUB message board, pro or con. They should blame themselves, as that's a sure fire way to LOSE Money, in my opinion.
They are, here's the link again
https://www.finra.org/sites/default/files/2021-08/Regulatory-Notice-21-28.pdf
And NO, I'm not defending the OTC or any trading platform. I think they were terribly wrong for imposing the rule early. But I also fault the companies involved. Including UBQU for waiting 11 plus months to become compliant with rules they knew for a full year were coming. Regardless, many traders were hurt badly, and there's no excuse for that.
Well that ticker has the Limited designation because they have met the minimum standard for that designation. UBQU has not yet done that. Hopefully they will soon though
Which is actually going to be addressed on October 1st. And another eason compliance by the September 28th date is so important. See the link below from FINRA
https://www.finra.org/rules-guidance/notices/21-28
This is not trader vs trader. I stated many times for those that can read that if the company filed the PPS would most likely increase. While if they did not file it would not. Now traders are again asked to keep comments about the ticker within TOS, act as adults and freely post their opinions of the ticker but NOT individuals should they desire to have their posts remain on the board. GLTY
Well it's not actually MMs necessarily, though some could and probably are involved at the lowest PPS as that's their job. But basically UBQU is trading right now as if already on the Expert/Grey Market. So traders allowed by the OTC/SEC to trade in those markets are the primary traders at the moment. That's why you see such low volume (almost nonsensical) trades, steady BID/ASK numbers, etc... The new regulations we're experiencing right now were created to "protect" retail traders. Now as a free market guy that believe anyone should be able to buy any stock they want. I don't like the new rules. But just like you and I assume everyone on this board. The rules apply to me and all of us, like it or not.
Traders can sell and liquidate on ALL Platforms. The only restrictions for retail involve buys. That was clearly stated by all platforms early on. So yes, many retail traders are exiting while no new ones are adding (yet).
We'll see, it's all about the filings in my opinion. I haven't changed on that from day one, and I'm still waiting and hoping. ;)
If so, I sure don't get the point of the game. It just makes zero sense to play around. The "emotional" part of me wants to join you in saying this gets done, we make a lot of money and life is good. The numbers part of me says, one filing has basically translated overall into a .0001 gain. A start but nothing to celebrate. So based on that, again the "numbers" guy that I am says, let's just watch and see what happens. It's all speculation, good or bad until we see what UBQU actually provides. I'm patiently waiting on that and still hoping it goes well.
Agree, one way or another the discussion will be different. That's why the filings remain the only thing that really matters. After all, that's what will ultimately frame the discussion.
Well, I've learned nothing is ever a "given" in the Market. I loved seeing the "tweet" last week although I place no credibility in Twitter. And I was delighted to see the first UBQU filing today. But we still have quite a few filings remaining to get to the "limited" we can trade again plateau. Very encouraging signs no doubt about that. But nowhere close to enough either. Sorta like that glass that appears to be about midline. Some say it's half full, some say half empty. I'm that guy with a ruler saying let's measure it. LOL
Maybe, but again all that's really important are the filings. So far only one. So to (at least) maintain, UBQU needs to continue to file through the OTCIQ. I would really like to see them do the Profile Update AND at least one more annual ASAP. I think that could propel the PPS at least to levels where I "think" most holding would be at break even if not slightly on the positive side.
You can do that I guess, but I'm basing my calculations just as much on the interest on the numbers on the (ASK), as I am on the (BID). And that also in respect to the initial reaction of the UBQU BID outpacing the ASK having now flipped in the other direction. That to me indicating Sells as the primary trades, at least to this point.
Well I have yet to find a retail platform allowing buys. But if someone knows of one, I'd sure like to see it posted for those interested in buying. As for trades today, sells still beating buys. Not slamming the stock, just going by (you guessed it), the actual numbers. After an initial PPS boost following the first filing of + .0002, things have slowed as the financials were examined with the ASK once again higher than the BID slowing momentum. Still waiting on more financials, but if the first is an indication of PPS movement. We should (at a minimum) see at least a .0002 rise per filing short term. That could change of course (especially with improved financials). Still a waiting game in my opinion, but overall encouraging for all of us without a doubt.
OK, just checking because I know a few here are interested and the Canadian thing proved to be of no help. GLTY!!
Really? What Platform did you use to buy UBQU?
OK I'm good with that. Still waiting on the 2nd filing and hoping for the best. GLTY
That's just a MM Preset. Meaningless until you see an actual ASK at that level. But not downplaying it either. Nice to see an initial higher set up placed. GLTY!!
If you mean me, I've stated for months if UBQU filed the PPS would increase. If they didn't it wouldn't. Some here we're talking penny value (even a few dollar value), and we're still in the Trips. Initial filings aren't good by any measure. If subsequent are just as bad, the PPS will struggle. If better the PPS should rise, but not to extremely high values until the A/S is addressed. That's honestly just simple and factually numbers based assessment, both in past, in the present and for the future. GLTY!!
If the UBQU financials look anything as has been hyped for months, it won't matter if you buy in a bit higher. If they're not, hopefully high enough traders make a little cash and move on. All depends on the filings. Remember it's a TRIP stock, so every 0001 is significant. GLTY
I would somewhat agree with you at this point and based ONLY on the initial filing. First off though. For anyone selling 0001 UBQU shares at 0002, that's a 100% profit. And a Trader can never lose money taking a profit. But again, current trading is based entirely on that first filing. Now if subsequent filings show improvement, the PPS should respond accordingly. Just too early to know until more filings are uploaded. GLTY!!
Yes, the initial financials are ugly, so we'll have to see what the others contain. Hopefully those will look at a lot better. As to filings they need 7 more (including the attorney letter) to be uploaded BEFORE OTCMarkets will begin to review them. And yes those include the first 2 Qs of 2021. They also must upload the New Profile information which I'm actually surprised didn't come first. OTC Markets is stating on other company filings I've reviewed that once all filings are received that the review process takes between 3 to 5 days on average. So IF UBQU can get everything done today, they "may" get things done before the September 28th Deadline. But it's going to be close. UBQU then needs to stay Current by filing the Q3 no more than 90 days after the end of this month. So still lots of work to do.
Oh yeah, many filings have to be made, but it's a start. I've always believed once a company starts the process (due to cost) they'll finish it. Now once submitted the filings have to be reviewed, approved and processed. But assuming that goes well, UBQU is on track to trade at some point. Still unclear if that will be before or after September 28th. But as long as it does trade at some point, shouldn't matter too much. GLTY
Traders can guess if they want to, I honestly don't care. And like all others honestly don't know. I'm much more interested in follow up filings. GLTY!!
Retail Traders can't buy until all filings are in, accepted and OTCMarkets is updated. They will not even begin to review UBQU until all filings and Profile have been submitted. So, it's going to be a while, but the process of filing has started. GLTY
Saw it and posted about it already. SJ picked up on the sudden change in BID/ASK and I checked immediately. Keep 'em coming.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166005315
Keep your eyes on OTCMarkets
FIRST FILINGS HIT
I just meant for today kid, still hopeful myself
Don't give up yet. A lot of companies file just before or just after close. As long as UBQU files no later than Wednesday, they have a shot at being current by the deadline. IN MY OPINION. GLTY and all
Well I know traders love debating what's a good opportunity vs and P&D or whatever else they want to include into whether or not a stock will or will not perform. But (no secret here), I'm simply a numbers guy, no more no less. So, while it's fun for some (many) to discuss who is buying, selling, holding and why. The truth is not only does no one actually know (and never will). It's honestly not really important for any of us to know either. And unless I'm one of the daily trades, my money isn't involved so I could honestly care less. LOL
What is important right now is for a Ticker to be PINK CURRENT by the OPEN of business on September 28th. (6 trading days away). That's going to impact every shareholder in every Non Compliant Ticker, UBQU included. It's not negativity, bashing or anything other than FACT effected Tickers must gain access to the OTCIQ, upload all required documents and be current by the deadline. Whether a company does or does not meet that standard will effect what I personally care about. The numbers and only the numbers, specifically the PPS, as that's the actual money. The BID number traders know they can get and the ASK numbers they hope the ticker is worth at them moment. And while not much is certain in the Market. In this case, Pink Current Status is HUGE, and will without question or debate impact UBQU.
Next week is going to be very interesting. The Company has clearly and now publicly stated they will be uploading financials through the OTCIQ System next week. Once they do, we as shareholders will see what they post for review by OTCMarkets. And what is contained in those filings will determine (1) if they will become Pink Current, and (2) with the numbers they contain what we as shareholders should "expect" to see in regard to PPS. Yep, the numbers. Looking forward to next week, it's a numbers week and right in my wheelhouse. I love it!! GLTY
haha, I'm in at a level and value that it doesn't matter. It's a trip ticker. Goes up, good, doesn't that ok too. As I said it's a TRIP stock, nothing more than a play so I'll hang on no matter for however it ends.
View, thank you for that information. It is the FIRST time someone has actually provided some factual data on that and I'm sure MANY have been wanting to know. Also appreciate the "check" and verify. So anyone interested should do just that. Thanks again for checking, and for sharing. GLTY and see you next week!!
We all are