You're welcome. I hope for both of our sakes I'm right and this has another run in it. GLTY

I was out of town the last few days and got back in late yesterday. I wasn't able to see the L2 yesterday, so I don't know how this traded. However, after reviewing the DD I did, I stick to what I said in an earlier post.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149251877

I don't believe this is currently being diluted. I said I thought the notes were done being converted (the ones that currently could be converted), and then yesterday the company put out a PR confirming that. My guess as to what happened yesterday; I think that this was being manipulated either by someone shorting it after the spike or someone trying to keep the price down to load more shares before this runs again. Like I've stated before, I'm not the best at reading the filings, nor am I an expert trader. I do however try to continue to learn and get better everyday. With that said, I could be wrong and this is all IMHO. If anyone can provide me with a better explanation than what I have given, I would greatly appreciate it. Until then, I'm sticking with what I said in my earlier post.

If you read my previous posts you will see what I was referring to. I do NOT think it is currently being diluted. I believe dilution is done until August at the earliest.

I don't believe this is currently being diluted. Like I said in my recent posts, there shouldn't be any dilution until at least August. If you have some information to prove otherwise please share it. I think the selling happening today is impatient retail. This is all IMO.

I think with the dilution we had last week, which I believe is now done, my guess is the OS is somewhere in the neighborhood of 325M. That is still a very good OS if you ask me. If I'm correct that the notes are done converting, then there are no other notes that can be converted until August. That note, by the way, is relatively small at $63K. Given this and the way it has been trading this week I think another nice run could be on the horizon. This is all IMO. GLTY

Green so far for the day on low volume. I like to see that. Any decent buying pressure and this could run fast IMO.

Gotcha. Thanks for answering my question. I appreciate it.

I agree and said pretty much the same thing in a previous post. We won't know for sure until we hear from the company either through a PR or filing. You never did answer my question though. Where are you getting the 347M figure from? I want to make sure I have the most accurate info possible. If you are correct then I would like to update the info I have. Thanks!

Thanks Estrella! I'm always trying to get better. I wasn't able to verify the 347M he mentioned, that's why I asked him where he was getting that from. Given the fact he didn't respond leads me to believe it's not accurate. So for now I have to disregard it and use the info I can verify. I agree that a nice run could be coming. If the company gives us an update confirming dilution is done, I think this could really take off. That was one of the catalysts from the last run. So far today, the way it's trading, it looks like bottom is in and it could be reversing. Next week could be pretty interesting IMO.

Based off the trading today and after studying the 10Q some more, I believe the notes are done converting. Here is what I know based on the info in the 10Q. As of 5/10 the OS was almost 252M. There was $191,553 of principle between three convertible notes. One of those notes cannot be converted until August. The principle amount of that one is $63,000. That leaves $128,553 of principle debt left to be converted as of 3/31. After 3/31 there was $39,650 worth of debt that was converted. That leaves $88,903 of convertible debt remaining. All of this is in the 10Q. Now here is where I have to do a little bit of guesstimating. OTC Markets is showing that the OS as of 5/31 is almost 286M. So since the filing of the 10Q until 5/31 there were 34M more shares converted. My guess is that most, if not all, of that conversion took place the last four to five days of the month when there was around 50M in volume. Based on the discount rates of the notes, and taking into account the interest and fees, I think it's fair to say that approximately $50K of principle was taken care of. That leaves approximately $39K of principle left to be converted as of 5/31. Based on how low the pps dropped and the discount rate of the notes, there should have been somewhere in the neighborhood of 40M shares give or take left to be converted. Given the fact that between yesterday and the day before there was over 46M in volume, I think it's safe to assume the notes are done converting. Obviously, we won't know for sure until the company updates us or the next 10Q is filed. Either way, I'm interested to see where this goes from here, especially after the way it traded today. I think a run could be coming soon. This is all my opinion and everyone should do there own DD. If I'm wrong or missing something please let me know. Like I said in an earlier post, I'm not the greatest at reading filings and would like to know if I'm wrong. I'm always trying to learn more and get better at this. GLTA

I haven't seen any dilution today either. Where are you finding 347M? I can't seem to find that number where I'm looking.

You'll have to forgive me, as I'm not an expert trader, but are you referring to the OS? I'm seeing that as of 5/31 the OS is about 286M. Where are you finding 347M?

Exactly! I'm looking at the way it's trading and it seems a bounce is getting close. The L2 is shifting. The bid is getting stacked and the ask is thinning out. Heck, right now the bid is higher than the pps.

Where are you getting that number from? Yesterday alone there was 34M in volume. There was about 100M in volume in the last seven trading days (since 5/28), like I said in my post. Do you honestly think that only 30M of that was dilution? I don't believe that. Look at the volume prior to the 28th; it was considerably lower.

I agree with you. Obviously there has been dilution taking place. I'm not the best at reading filings, but if I'm even close to being right, I believe dilution is either done or getting very close to being done. If in fact it is done, it would be nice for the company to PR about it. The Zeni deal falling through is a bummer, but I still think this has potential to run, especially if dilution is done. Just take a look at the volume today compared to the volume the last seven trading days. Clearly there is no dilution happening so far today. That tells me it's a very good possibility dilution may be done. A PR from the company and a little buying pressure and who knows what could happen here. This is all IMO. Best of luck to you.

I can't speak for anyone else, but I've been ready for something to happen here for quite some time. It would be nice to get an update from the company on any progress they have made since the last PR 6 months ago.

Well said Johnny! You took the words right out of my mouth.

Hey Dadeano, I just followed you on Twitter. I can't send you a DM until you follow me.

I'm red now as well. This is frustrating to watch. The potential is still there, it just needs management to break their silence and become more active. I realize they are working behind the scenes, they just need to let everyone know about it.

I received a response from the company today. I wanted to share it with everyone here. My question to them was if they were planning to give an update to shareholders anytime soon. Their response was:

"Hi Joe, we've been trying to accumulate enough news so that an update would have some substance. We're still working on a few things but have yet to obtained the results we'd like. It's been a while and we know that our shareholders are anxious for an update so we plan to do that and follow up with more later when we're further along.

Thank you for your support and patience."

I was thinking the same thing dadeano. A good PR would be nice right about now. It could send this thing soaring IMO.

I agree. I've been watching the L2 and it definitely seems like it is being manipulated to keep the price down.

This was my thought exactly. I think from here on things are going to get interesting. Honestly, the share structure and no dilution is the main reason I have been as patient as I can be and have stuck around. I could have sold when we hit 52 week highs, both last summer and just a few weeks ago, and made some pretty good money. I didn't because of those two things, and feel this has the potential to go much higher IMO.

On a side note, thank you for your contributions here. You have helped me remain focused and not make a decision I would regret. Cheers!

GLTA

MJ Circle just tweeted. Looks like they are going to get active again. This is a start and nice to see.

I don't know if they did or not. I don't recall them saying this. I do understand your frustrations though. It has been tough watching it lose almost all the gains they made recently. That's why I stated in my post on here and to them that I was getting concerned with their lack of communication. We will see if they live up to their word. It will be very telling for me, and will most likely be a major factor in what I decide to do moving forward. I'm willing to give them the benefit of the doubt at the moment, mainly because the setup here is so good and it wouldn't take much to make this go parabolic IMO. GLTY

I just received the same response from them. After messaging them earlier this week and not receiving a response I sent them another message today expressing my concerns for their lack of communication. I'm glad they finally responded. I won't lie, I was beginning to have doubts and was getting concerned by their silence. With that being said, I'm glad to hear they intend to start increasing their communication with the shareholders. It doesn't take much, just some updates to let us know things are moving forward. I look forward to hearing what they have to say.

I second this...

The remainder of my order just filled. I still however believe there is some manipulation going on. I don't believe this is all weak retail hands selling on the bid. JMHO

It is my belief that the MM's are manipulating the pps to push it down. There were 11,700 shares on the ask for .0155. I put in an order for 15,000 shares at .0155. Obviously, it partially filled for the 11,700 shares showing on the ask. The remaining amount sat there waiting to be filled. Then a trade goes through at .0158 and right after that another goes through at .0145 for the exact same amount as the .0158 trade. Shortly after, two trades go through at .01525 and then another at .0159. It keeps jumping back and forth over my order and it's not showing up on the bid, nor did it ever. WTH?! It makes me believe that something big is coming and the MM's are trying to get as many shares as possible. I could be wrong or completely of base here, but I thought I would share.

Earlier today Fox Business News had a segment on the MJ sector. They said that Wall Street was gearing up to exploit the legalization of MJ. They compared it to bitcoin three years ago. I don't know if anyone else saw this, but I found it interesting and thought I would share. IMO I think some big things are coming for UAMM and the whole MJ sector. GLTA and have a good weekend!

Nice! I was just looking at the chart last night and thought the same thing. I'm not an expert when it comes to reading charts, so it's nice to know I'm not the only one seeing a possible cup and handle setup here. I think next week could be a really good week for UAMM. My gut tells me that they will drop a PR on Monday or Tuesday. If not, I think we get news at some point next week. This is all MHO. GLTA

Took the words right out of my mouth. It looks like it is starting to bounce back up.

We're all good jonsmile. I know it was frustration, I specifically stated that. I'm just saying that the frustration you expressed sometimes came off as negative. No big deal. It really doesn't matter. We're all in this together to make money. The chart is showing this is on an upward trend, and we're sitting in a good position going into the new year. I wish you and everyone else here nothing but the best.

LOL! I'm not worried about that. I know what I own and I've been invested in this for quite awhile. I've seen the posts that have made you feel this way. I don't think you're a basher. However, some of your posts do have a negative tone to them. Even if it is just pointing out facts. To me it seems like you have some frustration with this stock, which I can understand. I too would like to see things move a little quicker. With that being said, I also know you need to have patience when investing long term, which is what I have done here. I think we're good and things are just getting going. This is all JMHO. GLTY

I noticed this too. It is curious for sure. I feel like it's a bad move on their part, because I think this is could run much higher.

I've been in for over a year now myself. Looking forward to the things to come. GLTA

Just thought I would share with everyone a response from the company that I received today.

"Hi Joe, we have been marketing the two sites and signing up paying customers as we speak. We will gradually ramp up the effort as we go. Thank you for your support and have a Happy Thanksgiving!"

I couldn't agree with you guys more. I too have been patient for quite some time. My concerns are beginning to grow as well. It would be a shame to see them miss out on the opportunity that lies in front of them. The company has so much potential that it wouldn't take much IMO to gain the interest this needs. Let's hope management is on this.

GLTA

Happy Thanksgiving!

It's too bad the volume wasn't going up daily as well. These low volume days are tough to see. With the potential this has, it's surprising that the volume isn't higher. The ticker change fiasco that occurred earlier this year killed the MOMO this had and it just hasn't been able to recover from it since. It would be nice to see the volume increase, and I believe it will as we get closer to the new year. I just wish it would begin sooner. LOL! I'm already heavily invested and would possibly add more, but I'm holding off until the interest returns.

GLTA

I don't typically divulge the amount of shares I have in a company. However, this morning I'm feeling froggy. LOL! I have 4M and have been in for awhile.