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small volume about 25 million, but 24 million was buys, the last buy WAS at 0001 but a 300 share sale 2 hours ago at 000001 what is that, 3 thousands of a penny? sold by a MARKET MAKER probably shytadel of course makes it stick this way.
why? because kenny owns the OTC, and they LIKE it being 'stuck' there'
to make baggies upset, so upset they might place their wad on the trip 1 thinking that us ending at 000001 has anything to do with fundamentals and when kenny wants it to run? he can scoop up those complaining baggies shares cheap.
I scratched my head in the past when something like a 300 share sale to 000001 would happena nd then after buys of millions at 0001 the PPS on the broker platofrm would "stick' at 000001
not any more. I'd also chide ballas sarcastically for doing a "good job" but the MANIPULATION of the PPS you see is the work ofthe market makers, whose last name ends with a G...
and I think we'll close this thread with that. very good.
Just for fun I looked up global links since I mentioned it in my last back and forth: and it was used as a "distraction" back in 2020 so that canazall/hemp life investors would pile into it unstead of Ubquitech software, which they did.
...
went to the OTC about global links.
last letter was from a lawyer in early 2022 just claiming it was NOT a "shell company"
last actual financial disclosure was for Q1 2022.
yet it's "pink limited" not on expert, still trading at 0011. now it's back down to its stagnicity from the days it ran to 0190.
I'd claim some distractors stole ballas' squeeze.
and as for the "rules of the OTC" they are flimsier than used toilet paper, since this company is still pink and tradable with a year plus out of compliance.
and of course that last fin the CEO was Frank J dobrocki
https://www.otcmarkets.com/otcapi/company/financial-report/325359/content
also HQ in vegas. Oh I remember the fear ponged about how HLT /. cannazall was in denver, florida, vegas. Safe to say now in hindsight I think there might be legal reasons for UBQU to have links to tax free states but the most of what is going on now is in income tax-free Florida, where Ballas resides.
and its clear to me that the GLCO misdirect in 2020 and the mysterious tweeter "james A. Ballas" pumping it (that handle came adn left the second the global link squeeze was done...it's clear to me that someone ran their own little p&D play and probably stole Ballas' name to do it.
also using HLT, effectively they stole one of our squeezes.
but that's the past. the question I'd like to bring up is why is global links still pink limited after nearly 2 years of non compliance? I thought those rules were solid as concrete!
well if my theory is right, whoever owns the majority of shares of global links has influenced the SEC and OTC to just do nothing, since it's a zombie stock that wall street can still USE, or the SEC and OTC is too focused on 'real' meme stock, or the SEC and OTC is just truly incompetent. or a combination of all 3.
another reason I write out to my readers about this at all, other than a history lesson to dispel fear...is global links sells nothing. no product. it only trades at 0011 because it's float is 1.5 billion. a lot less, so its a ratio, but still a true zombie.
Cannazall sells a product, nationally, perhaps globally now. amongst the zombies that's a rare gem. I honestly believe if the corruption was 101% of wall street, we'd squeeze because of the long possibilities. but that's not the reality, but that also helps me understand why we stay at nobid. we're manipulated, heavily imo.
so that continues to give me hope personally that come the day that the owner of our float, Kenny (wall street) wants to pump it for whatever reason, they'll select US instead of a pile of garbage like global links.
at least the twitter is getting fixed, so I doubt we'll see any more "james A. Ballas" headlines pumping other stocks away from UBQU that at this point anybody who wasn't born yesterday shall believe.
I dream of a day when a stock is not judged by wall street
the SEC, the government, and their paid lapdog shill media
but a stock is traded by the fundamentals of its character.
yes, I've explained an R/S I also do not think is in the future, but I also think an R/S would help us the retailers more than the present stagnation and it isn't Ballas withholding "good" things from us, but the OTC denying such things which would benefit the share price and us retail investors.
the metaverse play is similar to the cryptolie craze of 2017...yeah turned out to be a bad bet, but remember, many more than ballas, like...the lame stream media was all Facebook facebook facebook! the metaverse is dead (for now) and so is the FANG stock craze. luckily, those ads probably only cost UBQU thousands of dollars. and who knows? it takes most new technologies one to 4 years to go from a joke to the greatest thing.
I don't defend ballas as some genius, he continues to make moves that honestly, are dumping on thousands of ceos.
yes he's a ceo of a number of companies. that could be as simple as his old wild west buddies died and the ceo-ship was handed to him, or there are other companies with real humans on their boards like IMTL who see opportunities we don't (these opportunities might be being BLOCKED by KENNY (not james) as I hypothesize but perhaps those insiders might bring more money and legal power to the eventual showdown that is going to maybe make moves on the openly exposed daily corruption of wall street and the SEC.
also there's very little risk to UBQU baggies when Ballas becomes CEo of a spinoff. like GDET, ballas didn't do jack. off it went to expert.my guess is he probably TRIED to merge it with UBQU and it was denied. oh well I doubt anybody reading our back and forth had any bags in GDET. I had a tiny one, and I dumped it the day of declaring expert before it went to nobid with no disclosure.
XREG not sure ballas was ceo, he was on the board, but again, it went expert, and I wasn't in it. my guess ballas as a board member was just a think they all did back before we learned that the OTC was sure, the wild wild west, but the major indices were crime ridden gotham! regardless, no skin off Ballas' nose.
Global links? that one now in hindsight is FASCINATING. you see we had someone showing e-mails and TWEETS from a James. A. Ballas (that name) pumping global links and claiming global links was the owner of Hemp life dated 2013.
global links pumped, then it dumped.
looking forward, with the twitter GINORMOUS SCANDALS and how easy it is to fake a date in an ihub post? I think that twitter wasn't James A. Ballas at all, and I don't trust that article either. it all went away when UBQU was proven to be the owner of cannazall etc, so that fear stopped pinballing about.
as for CBD products selling above 50 dollars a piece? unsure how that is a criticism of cannazall. the pricing on cannazall CBD seems valid to me. and the entire industry, I'm unsure of any of them doing well. the one that got lucky enough to hit kroeger shelves well it pumped their stock in 2018 when it happened but they came back down super hard in potaggedon of 2019 and when I hear reports on it, it is about how flavorless and uninspired the kroeger pushed CBD product is.
your final argument about Lawrence replacing ballas as ceo of image protect is backward. lawrence died. ballas was made ceo. how that happened unsure
https://finance.yahoo.com/news/image-protect-inc-provides-corporate-160000580.html
but here's the link. august 3 2022, passing of former ceo, on yahoo finance which is a water carrier for wall street imo. so I tend to trust it when they presented which is honestly an anodyne article.
I might have wrote that last one about merger, but it doesn't 100% seem my tone. maybe yours? even so, I tend to AGREE with that last post especially since ballas is now ceo of IMTL
but of course we are rehashing the same back and forth for no reason imo.
I've explained for the folks who actually read me (they tell me in PM they do and thank me for my posts)
- I think there are (and were) plans for various things which makes sense like a symbol and CUSIP change for UBQU to cannazall, the rationale being C-Z products really doesn't need "Ubiquitous software" as their monicker, it's outdated
- however, my theory states a CUSIP change in ANY way, through merger or symbol change would recall all the shares. In my opinion, with the 8B mystery game which happened last time movie stock shot up, there's a real good chance a CUSIP change would not be a happy day for wall street and market makers.
- therefore, it makes sense that NONE of these things have happened, and of course, since we won't be allowed to see if there were shenanigans until "judgement day" for wall street...it is very easy to blame the CEO.
anyhoo, and so the game continues. retailers who are bagholding stock can at least get some emotional salve blaming the CEO on ANY stock.
but other than that, if one bet what they could afford, and keep emotions out of it and follow the PRs both true and fabricated, perhaps we'll find ourselves in the sky one day.
lol! well even that little pump piece (couldn't find the date) can't hurt!
man if ballas did a R/S of 20000:1 we could get 2 dollars....
on a 2.5 million share float. sadly that won't happen I think there are rules as to the minimum float one can Reverse split to.
oh man if there ARE shenanigans on UBQU, the pain the shorts would have on a 2.5 million share float!
I didn't say you railed against me.
and your second paragraph apes (pun intended) my sentiments exactly.
at this point, we sit and wait. soon UBQU will have to file their financials to stay pink.
was tons of interest due? as of last two fins, easily the quarterly interest was about 300,000 with no hits on the debt.
no official release of sales of the further 20B A/S and since we're at nobid I hope no sales of it.
so did UBQU owe another 300,000 dollars?
if not, we tread water.
if they did, how did they get the cash?
we'll either see UBQU file a fin showing added debt,
OR they won't file a fin,
or soon we'll hear press about bankruptcy.
actually I'd hope a LOT for #1. because a filed fin with no bankruptcy regardless of how bad it might be means we stay pink OTC. if we stay pink OTC and since it appears we agree on wall street's corruption and probably their manipulation of this UBQU stock....every day we last in pink means one day Kenny stops OWNING the cops, jailers, and judges. the second the manipulation ends, Ballas can get a CUSIP/symbol change or a R/S and we might actually see some honest action on the stock.
bankruptcy PR would be the worst but I don't expect it. it would mean GPL and the other lenders would own UBQU. they don't actually want to OWN it. and then they imo had better NOT sell it. if they sold it to say....ANY other company, well they'd have to buy the float which causes a reconciliation of the shares and that might cause those 8 billion mystery shares to have to cover.
I expect #2 if we don't file....I expect similar to GDET and another stock a PM buddy and I played which stayed pink for MONTHS after non compliance.
of course, maybe if Kenny wants this thing gone & dead, we might be at expert from a week to a month. unsure exactly WHEN UBQU has to file.
but since UBQU sells a product, cannazall, we've all bought it and used it....unlike many "piles of shares" that got relegated to expert...this company has the LEGITIMACY to be "pumped" by kenny.
bad news is , smart guess, they don't move MJ legalization any time quickly. too much chaos in a different direction, which is sad because the lich signing a legalizing MJ law federally would pump the entire sector imo for ...2 days. then Kenny could use the APPEARANCE of legitimacy to run UBQU up to.....0020? 0040
but maybe UBQU is one of those 10,000 OTC stocks still around worth keeping around for a while for a collateral pump.
the one thing I haven't talked about is possibly acquisition ...or maybe one day UBQU joining in the various lawsuits against naked short selling like G*T*I*I*. of course I don't put a lot of faith in the lawsuits thing. even if those 8B shares were shenanigans on a 29B float. well at this point my guess the shenanigans on UBQU aren't big enough for anybody to take notice or care.
but the other one would have hope. of course, I do think Ballas wanted to merge GDET with UBQU. now he's CEO of IMTL for whatever reason, I'm guessing he'd want to merge UBQU and IMTL and justify the symbol and CUSIP changes.
problem is even is elon from TESLA wanted to buy out UBQU....well that would be too high profile so maybe that would work, my point is GDET IMTL UBQU and the other tickers I can't name for off topic...well the stocks in the ballas-sphere...all too low key for anyone to notice care or make a noise large enough when the OTC just....denies or sits on their hands on applications which would force a CUSIP change and a recall of the shares. If I had to predict anyting....IMTL goes to expert before UBQU.
but there ya go. we sit, wait for a filing.....if we get a filing and stay pink, honestly, I'll be BUYING a BIT MORE to drop my 00007 average. it's a game of waiting out wall street for me. I don't even see Ballas as anything more than a CEO TRYING to save the company (aka his job) , I don't see him as the guy who will stop the run and screw anybody who bought the 000001s to trip 1s
you said you've been in this play for years. then you remember the 1.5 year nobid from 2019 to late 2020. I actually sold quite a bit and made quite a bit of profit because I bought a lot of those trip 1s. like I've done now. difference between the run of 2021 and now is now I know who is against UBQU and how disadvantaged they truly are!
you noted another reason why the folks here are frustrated:
but, sometime out of frustration my post would call on Balla or other board members, I am sure there more than Kenny out there who is screwing up,
yes....a lot of these penny stock ceos and boards...from UBQU to about 8000 other penny stocks, screwed up.
during the bull markets of 2016-2019, convertible loaners came to them and said hey take these loans at 10% annual. but here's the thing, if your STOCK goes up up up, we'll sell shares for you, and you get debt forgiven at 50% of the two lowest prices per quarter. Dilute SMARTLY ceos....and you can have a high price and be debt free!
thousands of ceos took the deal.then those convertible bond holders just sold shares while kenny shorted the same stock and lo and behold, huge dilution! 50% discount all shares diluted and STILL DEBT.
Ballas isn't alone in this scam, not by far, and not even CLOSE to the company that got screwed the most by it.
my guess the transfer company that hasn't updated all their share structures ....all th stocks in it might have types like GPL as their convertible lenders. wouldn't surprise me.
so yeah to call out Ballas is....cathartic. I get it. and now ballas kinda sorta has a board? preya, the marketing guy, the lawyer...maybe....honestly this company is so small it's hard to know who the insiders are.
but at this point the reason I know ballas sent that letter saying in effect "guys I know you want to turn trip 1 into x100 and own a yacht, but from now on speak to IR"
was because he has to keep legal, and he cannot look in any way to be "squeezing the stock" it's his job at this point to get out of debt, stay current and make moves to grow the company so the shareholder price can go up. UBQU is too small to scream "my stock is naked shorted to all get out!" (it probably isn't) and he definitely can't openly imply his stock is manipulated by the majority holders of the float.
anyhoo. yeah I understand being upset at Ballas is cathartic. and I agree with scratch....nobody really who comes in here and doesn't buy UBQU because of the negative press won't affect anything. but it doesn't help.
um. ok.
ok so you've been around. you know who kenny is, and you have read my posts.
so you have the answers. you acknowledge the decades long frauds and damage they do to retailers. safe to say then you don't necessarily DISAGREE with my thesis then.
safe to say then you aren't railing aginst what I've written, and we're on the same page.
sounds good.
we can close this thread then.
negative. original A/S was 20B as of circa jan 2021 before you entered the play. and 10B was still to be "dumped" additional 30B A/S was vbrought in during 2021 after run to 0020 was dumped, which at that time DID put a dent in the debt but kenny who still owned the float used his shares to make sure UBQU didn't get out of debt. additional 30B added on or before you entered the play mid 2021. at that time, everybody including me grumbled, but now later I for the minimum understand the intent of any CEO trying to raise more capital, to get out of the debt trap set for them by Kenny or "the man" or composite man but Kenny IS the poster child of the corruption of wall street.
the rest of the information seems ranty and hard to understand.
wow, I've mentioned kenny, gary, Janet, Joe many times and you ask again?
ok cool. some people out there definitely haven't looked out the UBQU window and maybe have intenionally ignored, or refuse to digest anything I write.
https://en.wikipedia.org/wiki/Kenneth_C._Griffin
I'm not allowed to talk about anythign BUT UBQU and I answered you before as to why THIS time we've been at nobid for ONLY 3 months so if you want me to further detail my answer to your original question if you are earnestly interested....PM me.
thanks.
oh additional edit you are upset that the OTC hasn't updated. well if you've been digesting my many posts about this. the OTC IS NOT ON RETAIL INVESTOR"S SIDE imo. and opinions of millions now outside this forum.
the OTC and SEC does NOT DO THEIR JOBS VERY OFTEN in the best interest of RETAILERS.
they PROTECT WALL street of whom which kenny is the poster boy.
that is why as kid noted, every stock in the transfer company has NOT been updated. also why UBQU's applications for symbol and CUSIP change, and I'm sure if they applied for a R/S they would either be slow-walked or flat out DENIED. because they aren't doing their JOBS.
happy friday the 13th
I'm sure most UBQU bulls have heard this outside this forum especially dealing with movie stock. the TRUE role of a CEO:
it is to Grow the Company, and financially be a good steward of the COMPANY (get it out of bankruptcy.)
it is not only ILLEGAL for a ceo to take action to "squeeze the stock" or "pump and dump" the stock, instead the Ceo is supposed to help increase shareholder value by improving the fundamentals of the company.
Not saying JB isn't a crook, not saying JB has kicked those screaming at him to the curb (tho to be honest, those screaming at him to reveal something which will allow them to get their UBQU squeeze should be told to talk to IR)
but what I am saying is now I've seen a bunch of people screaming about the BIG meme stocks in a similar way they b and moan about ballas, and seriously, that's a quadrillion dollar game while this stock if it runs, will only cost kenny a few million which he STILL can afford to lose but thankfully no longer has in petty cash.
patience. not saying JB is great...but he's doing the ceo's job. whether it's too late for UBQU since it's literally in the basement of the cellar, well that's anybody's guess.
my math was off about the R/S
Ballas has approximately 20 billion shares left to sell.
20 billion at 0001 is 2 million dollars, which is more than the 1.6 million UBQU owes to the bond holders.
this could be why the additional 30B back in 2021.
back then 30B at worst case trip 1 was 3 million.
and at the time, the fed blowing joebux into the marketplace (before inflation) drove UBQU to 0020 and pretty much squeezed...well you've heard my story.
now we've had this unit on movie...A%P%E%....4.5 Billion of it. opened at 7....7 x 4.5B billion even at half capture is 15 billion dollars which would have destroyed movie's debt, gave them a 10B war chest AND caused the MOASS.
so kenny did what he had to do, drive the simian under a dollar, tried to make it a penny or even sub penny, so at best the dilution would have been a few hundred million, not enough and bankruptcy.
so actually if I were Ballas and I were one of our fellow UBQU baggies, I'd be ASKING for an R/S because technically the bag left of ballas' if he could even get CLOSE to 100% capture after the R/S he could get UBQU out of bankruptcy which would interest outside money, no matter how bloated, take bankruptcy off the table and throw the bondholders to the curb, then buybacks etc could be discussed and if those 8B shares weren't legit well we'd have a run at very least on UBQU.
so there you go bears who ask why nobid, and whine that ballas opened up 30B more for greed.
nope, same reason movie opened up 4.5B ....because the goal was getting out of debt.
movie stonk, UBQU, every penny in kenny's backyard, he so does NOT want them out of debt. and that's why our enemies NOT ballas will fight tooth and nail to keep it here...unless they need a collateral pump or we get lucky and get to squeeze on some out of the blue MJ legalization talk. or we get lucky and the cops judges and jailers that kenny has bought all of a sudden get a case of conscious and change our symbol, CUSIP allow the R/S aka do their jobs.
Kenny owns the OTC, kenny influences the SEC.
Kenny owns the float.
Kenny owns a market maker
that maket maker makes the MOST bouncing it back from 0001 to 000001 on more than UBQU, thousands of these stocks from pink to expert. that 100x is a nice spread. also a great way to launder money.
my friend, in 2019 when their plan was to drive UBQU to nobid AND expert AND bankruptcy, the OTC denied a symbol and CUSIP change to hemp life today, then Mastercard decided to close UBQU's money making capability by just shutting down their ability to take credit cards claiming "hemp" is a bad word in the name. that took months to fix.
3 months at nobid? in 2019 to late 2020, how about a year and a half?
and yeah, if kenny wins and has no plan on pumping this ticker, you may lose what you bet on UBQU. then again, very few stocks sub penny are doing well. even folks playing apple are starting to feel -40% pain... anybody who still ascribes to the major markets and the OTC act differently...well it's probably their first bear market and I don't know what to tell them
but you asked anyone why by 3 months no bid. because kenny wants it here. and no retailers have the resources (yet) to dare challenge the ask and put 80,000 bucks into it. which to me makes a lot of sense because unless Kenny wants it to run? he'll ask the algos to slap another 800M on that ask.
also, anybody who wants out and is upset shoudl be PRAYING for a reverse split even though all I hear is "oh no reverse split" but if they got one they could sell and be DONE.
heck, I'd sell a LOT and be DONE if we R/Sed but we won't, why? not because ballas doesn't want one, everybody says EVIL ballas he wants a R/S so he can dump more shares. yeah he does because if he can't pay the interest any more well kenny then decides if expert or take control of UBQU....sadly, odds are more than 50% expert markets and then no hope of getting anything back.
but kenny doesn't want an R/S I'm sure the applications for a R/S have been DENIED as much as symbol and CUSIP change.
because with a smaller float, harder to short, harder to manipulate, ....easier for new money to come in and squeeze it, easier for ballas to sell those 21B remaining A/S under R/S 100:1 to 21 million, sell at .01 maybe less....sure the entire new float is now 50 million at .0075 cents but as he diluted, if he captures say .0080 its only 168,000 dollars maybe enough to pay next quarter's interest, but then he gets more A/S.
yeah, present money sells, I would since my new average is 00007 I might make a few bucks, disgusted holders also would leave. But the float at present is 50 million a LOT harder to manipulate. then there is also the question of the 8B that magically bought up at trip 1 with no bid there during the last meme frenzy. maybe UBQU on a R/S 100:1 doesn't just go to ten cents and straight down again, maybe there's a little covering...during that covering ballas sell higher, captures more. even so it's a LOT HARDER to play shenanigans on a smaller float and a smaller float is more attractive to bigger money (not saying money would pile into a zombie, but it WOULD find some people more willing to risk on a 50M float than a 50B float. UBQU might be the largest total share stock ...well that I know of.
so yeah a lot of us are STUCK here. and those folks who would get out the SECOND they could, should be praying for a R/S without cynicism imo. of course, since a R/S would counter-intuitively be a GOOD thing for UBQU, I am pretty confident it won't be allowed until the true owner of UBQU, the market makers and hedge funds, want this stock to run.
I am no longer in schwab. Schwab and TD are brokers real deep in cooperating with Citadel. I am no longer in them and won't reveal any more detailed information about my brokers or myself, ever again.
not financial advice, not a financial advisor, but I don't trust schwab to honor any huge market event where any of the meme stocks squeeze. they might even 'take away the sell button'.
also still here, haven't left, and not leaving.
nothing has changed in the UBQU play imo, except the fact that this zombie stock is pwned by kenny they own the majority of the float.
if they get squeezed, UBQU moves up.
I think they applied for a symbol change with hemp life, and with cannazall and were denied because the OTC is kenny's back yard. either symbol and CUSIP change would have forced a reconciliation of shares.
8B shares were mysteriously laundered on UBQU when the movie company announced their preferred unit and there was 8B shares that somehow all got bought at trip 1 when the bid on trip 1 was maybe in the low millions. UBQU is filled with hedgie shenanigans I'd claim.
the only thing has changed is if kenny gets his reverse split on movie stock and is able to solve his massive short problem on that stock, maybe then all the penny stocks from UBQU to all the other ones played in kenny's back yard stay right where kenny wants them, down here.
good news is JB can't sell those 29B still authorized. if kenny loses control of UBQU or he lets it run to collateralize it on MJ sector news or we get a general index squeeze and kenny has a bad bad day on his puts on the S&P, maybe we get 0010. Ballas could then sell all 29B, get 2.9 million, pay the 1.6 million dwebt with a 1.3M war chest, cause a share buyback...anybody who follows the saga of the movie stock knows the drill.
so we wait. will UBQU not get interest paid and off to expert? or will kenny use UBQU like GDET and keep it pink for 6-9 months AFTER non filing because hey, UBQU could be very useful for a pump moreso than a zombie with no income stream.
or do we just wait for a surpise bull market? it's kind of possible since statistically, a green S&P has always followed a -20% or more S&P year....
even with a REAL crash, won't be good for the hedge funds. they lose control, well I hope my fellow UBQU longs also play a volatility index here or there as their own hedge....
crash, they have margin issues. market bull runs, they have margin issues on their massively leveraged short plays.
or do we get acquired....I think kenny would stop that, because again, having UBQU merge or reverse merge into ANY other CUSIP forces a reconciliation of the shares.
however, all of those, makes controlling the zombie stocks we all are here and once loved...more difficult. and at the moment, Kenny owns the cops (gary), the judges (janet & the congress), and the jailers (the FBI and the DOJ) ....but even the best of criminals with all the crime behind them make mistakes. my proof? 1929, and the ones I've seen since I cared....2000, 2008, 2022 and possibly 2023.
ok this was for fluid, kid and rmoss....I know I'll get a lot of hate for this post from others. but wanted to give a thumbs up to the "we're not leaving" crowd.
100M buy came in parsed as 99.3M wiht 1M etc other buys right at 9:30 on the nose.
I think most folks can't buy batches larger than 9,999,999
so....most likely, a premarket bet ready to go from an algo. if it was human, say ballas getting a golfing buddy to buy to give him 10K more interest payments....wouldn't be at 9:30 at market open.
the other 8M probably were humans, but a 100M buy from an algo.
our tiny tiny drops to .000001 were expected, that's the MM algos "balancing" after the relatively large buys. always trying to end the day with PPS action on any stock at same level if not a little down.
my best guess is a lot of folks think that the MJ market is going to pump with "legalization" soon. perhaps one hedgie got early to the game.
most likely one algo was still tied to tilray, aurora, the big MJ players.
the bad news is if I'm guessing right, a lot of algos hooked to MJ have given UBQU, a CBD only company, less connection.
with all that being said, when the pump of MJ legalization comes, I'm sure we'll get more than one 100M hit.
I wasn't expecting much on the fundamentals front, to be honest. on this or any penny stock. sorry :(
will UBQU start to have buying activity on no news?
well let's just say right now F*T*X collapsing is just the beginning. "bank run" on crypto.com and we are squeezing premarket on the two biggies.
oh and since nov 11 was a bank holiday, all the margin calls didn't go out that day, so 3 days of margin calls gonna happen TODAY monday the 14th.
it ain't over until my ex gf sings, but I do get the feeling it won't be the greatest day for wall street.
and since I believe wall street owns hates and manipulates UBQU's float downward, that means probably a good day for UBQU and a ton of other penny stocks where all types of shenanigans are hidden.
GoodLTA, guess we'll see !
market makers work on trying to get a net neutral and being on both sides of the play.
recently comments that UBQU sux because we visit 000001 some times.
as someone who gets a lot of 00005s, I am noticing that others (not me I have enough) place those 100 dollar to 500 dollar buys at trip 1 for 1-5M shares.
and then right after, or at close, we get those teensy weensy drops sometimes on as little as 2000 shares to 000001.
humans not so much. MM algorithms trying to end the day at the same price (yesterday being 00005).
now of course my haters would argue, why would a MM care about volume that some days is 1000 dollars?
I'd say HUMANS wouldn't ....but the MMs dont have humans on a lot of these zombies.
anyhoo thanks computers for giving me a 00006 average now.
maybe Sam Bankman Fried had 6000 dollars of shorts swapped into UBQU and he had to buy them out as he just got liquidated lol.
I wonder where those 8B shares went. I think some wall street types are bagholding a few swaps down here in the UBQU cellar box. we'll see as the market turns upward.
for us UBQU long bagholders, well one thing we can say, we're still solvent, a 16 Billionaire just went to 0.
that HAS to hurt lol.
go to otcm, check out IMTL's recent fins. it mentions ballas as the ceo now
go to yahoo finance, you'll see their last posted newswire there was 3 months ago mentioning the old ceo's "passing"
sorry listening to an earnings call and working, so this response will be brief my friend.
Chip, how debt conversion has actually increased debt is explained right in the contracts!
the converter has the ability to sell A/S to pay interest whereupon the debt is reduced by "50% of the lowest two points in that quarter"
Yeah, what you say speaks a little truth. the thing Ballas could do, (and the thing that from the movie stock down to the other 10,000 OTC cellarboxes) could do at this MOMENT is pay off debt.
some reasons why I don't agonize too much yet from the movie stock atthe top down to UBQU is because a couple memes have even PROVEN beyond a shadow of a doubt (can't mention tickers oh hey G*T*I*I and A*T*E*R*
to illegal naked shorting. they had proof.
and they still are down, way down no squeeze.
yet.
but as I write right now. well let's just say the DOJ might be getting involved and now these OTC stocks I just mentioned are realizing there are other ways to ....save their own companies.
Ballas as CEO did what his job is defined. trying to grow the company and increase company revenues (regardless of how dismal the financials are he's doing that.)
it's illegal for a CEO to actively be trying to squeeze their stock or throw off the shorts any way else. so at this time, sadly, the game is rigged against those 10,000 OTC stocks. for now.
but the moves I'm seeing give me a positive vibe Ballas is trying to survive, and grow UBQU.
I still am unsure as to how he became CEO of GDET and IMTL. sure, GDET failed to expert. but it was already in horrible debt. so perhaps Ballas stepped in to just bury that corpse he didn't (or did) create, regardless it didn't affect UBQU.
but IMTL has a healthier appearing balance sheet than GDET and more active participants. Blockchain is a joke now, but it won't be in the future. I personally think the age of T+2 will turn to T+0 because blockchain might allow investors to buy without MM shenanigan involvement in the future. I personally think the age of MMs using short exempt to sell for the sake of "market liquidity" will come to an end. and when it does if one wants to be a real MM, they have to hold the stock BOTH long and short in order to satisfy the buys and sells from retailers.
maybe IMTL will drag up UBQU or the other way around. another reason I just don't believe the ballas master criminal thesis is because IMTL didn't hit UBQU's radar until NOW. the investors and players in IMTL didn't know who ballas was 3 months ago. many don't now.
if the folks in IMTL in new york thought Ballas as some master criminal, I doubt they'd agree to let Ballas become CEO.
there's players behind the scene bigger than Ballas. GPL ventures might not be as bad as I think they are. I don't know, not sure yet.
I also am more confident the feds will "legalize" MJ soon, that catalyst will happen, maybe even before end of this year. that catalyst will it pump UBQU?
honestly, my gut says no BUT, the algorithms running UBQU are losing control at the high side.
but in closing. not best imo to look at UBQU with a narrow lens. indeed if UBQU is alone in this world, and my thesis is right, kenny has this stock in control. no way ballas could refi the loan through wall street lenders. his stock can't get on computershare because it's a trip OTC darling that never left the OTC.
I personally believe every thing UBQU has done in good faith with teh OTCM has been responded in bad faith by the OTCM....slowdowns, no symbol change, no refinancing, etc.
but this IMTL thing and GDET before tells me other things are being tried to think outside the cellarbox.
but with kenny's long positions, amazon micro netflix facebook down 50% witha market crash coming. now is the best time if I were ballas to wether through the storm and wait.
we still do about 10M volume a day, which is a paltry 1000 dollars.
why? imo because folks if they have 1000 dollars are buying bigger memes. people don't have the money and if they do they are waiting for hte bottom on other much bigger plays. a bottom which will maybe show up after a volatile wednesday.
in some way, my UBQU holdings are safe in comparison. market crashes, we'll still be at nobid!
forgot to mention a few more things about why this stock is still current and Ballas is "not in jail. I am one of maybe Two people on this forum who have been in this play since 2017.
in 2017 one of the old posters here alerted the SEC about this stock and Ballas
in 2019 that same poster who at that time I claimed was a personal mentor also alerted teh SEC about this stock and Ballas. they posted the e-mail they sent on this forum.
nothing happened either time.
On both this forum and many many other OTC forums I have been on, folks claim they call and report these OTC stocks and their CEOs.
I am sure they do.
yet nothing happened with UBQU each time, and nothing happened with those OTC stocks.
I am still 99.999% certain we are down here at nobid, because the markets are manipulated down, this is a bear market worse than the 1970's which most of us weren't even born, and this OTC ticker along with about 10,000 others, are manipulated and cellarboxed right here at nobid.
I am likewise confident that they will lose that control to keep us in the cellarbox, or use UBQU for a pump and dump before we are moved to expert.
simple, because nobid for 2 months is more an action of the S&P AND the owners of this stock than the ceo.
CDEL VIRT GTSM And CTSI own this float. this is a zombie stock. perhaps they want it to go to expert. if they did I am sure they'd try to investigate ballas. that's why I think he isn't the criminal the folks on this board claim he is. stock is too small, cayman island accounts belong to one kenneth Griffin not James Ballas.
also zombies in pink are quite useful to hedge funds. say they legalize MJ which looks more and more possible each day. wonderful collateral pump.
why is this stock not shut down yet? well they never "shut down" these OTC stocks they just move them to expert markets where there is no price discovery at all and no chance for retailers to get out until the hedge funds want to move them up, like blockbuster, toys r us and sears on rare occasions. cineworld group will be joining them too soon.
but they can't move it to expert probably because 1. they got nothing on Ballas and 2. they kept current by filing.
I'm not even sure defaulting on the convertible bonds at this point would necessarily move us to expert. that's up to the folks who control this float. in, my opinion , wall street.
they can't move it to expert yet, but they can definitely use it for a pump engine later.
plenty of pennies not moving or heading toward nobid for the last two months. nothing special about UBQU in that matter.
bill hwang will do time in jail before James ballas does.
I don't agree with the Ballas has offshore cayman accounts argument.
also that Ballas is some master criminal. I've been in UBQU since 2017 and Ballas wasn't being considered anything but a dufus then.
also the argument that as new tickers enter the Ballasphere, this implies everybody who was in those other tickers are now colluding with some master criminal. seems like a lot of collaborators for a stock that has been in trips for 4 years.
If he did have cayman offshore accounts, and it was due to criminal activity, I am pretty sure the SEC and the OTC would have investigated and shut down UBQU by now., but if he did, it would make more sense to pay UBQU's debt and benefit more
lastly, these arguments abotu master stock manipulators having offshore cayman accounts. it's proven there's a guy who does! that's kenny. I sense....projection.
one last thing. remember that every time we are close to filing, the same folks bashing on UBQU now say we'll never file on time and get to expert. we did file on time.
the bashers arguments are clever and look detailed, but they make very little sense to me
we all want the PPS to go up.
I watch the general markets and the S&P, and the fortunes (or misfortunes) of those who truly control UBQU and other zombie stocks, especially in the continuing emerging ballasphere.
and so far when wall street hurts a bit, our fortunes down here tend to go up, when the S&P is manipulated downward, we take a hit. hasn't changed since.
oops sorry, type. yes, everything I wrote was for $IMTL
you wrote: They said they are doing things to try to increase shareholder value. There is no value to the stock.
they ARE doing things to increase shareholder value. just like movie stock game stock and every stock in the S&P are doing things to increase shareholder value.
and UBQU still has value. anybody could place the ask at 1 and sell still. also regardless of the general grumpiness of folks here, those holding shares long still do so I expect because they believe UBQU will move up. in fact I do! my thesis doesn't REQUIRE UBQU's CEO to 'pump' the stock.
but back to the fact that stocks try to increase their shareholder value. that yet the S&P will go negative for the year.
does that mean that every stock, every CEO from elon musk to James Ballas should be suspect for their stock failure?
in my opinion NO. the fact is stocks are down.
in my opinion, there's many reasons why they are, but little to do with the efforts of all those CEOs putting out great actions and trying to change that.
I don't need to repeat who I think is responsible for penny stocks, trips and now at this point all the stocks being down.
facts. all the stocks are down. no conspiracy theory there. simple indisputable facts.
does that mean UBQU is a dead cat? not to me oh no.
new ceo of ITML based out of florida.
income taxes, municipal taxes in New york where ITML is based is horrible.
ITML is blockchain NFT. equipment? computers maybe.
here's my thoughts.
new CEO moves ITML HQ to florida. as soon as that lease runs out (check the recent disclosure filings on ITML.) employees like this idea, less taxes better living.
new CEO either rents or most likely buys a condo for this new company.
new CEO by the way runs a CBD company with real product, also has an IR manager, a lawyer, and a marketing manager.
who rules NFT blockchain successfully, why, rian cohen of game stop.
other speculators think soon perhaps food like "perfectly popcorn" will be sold out of gamestop stores, maybe gamestop's e-commerce website.
perhaps our new iTML CEO has his marketing manager call up gamestop.
hi. want to buy out our NFT blockchain IP? want to add our wonderful newly branded CBD products in your stores and e-commerce website?
Don't know how badly wall street might have shorted ITML. but if there are hidden nakeds in the high hundred millions or billions. oh boy reconcile the shares if rian says yes to the buyout.
just a thought.
well if I'm wrong in my UBQU and almost all the OTC thesis, it will be ignored. in fact those who don't like what I have to say should put me on ignore, right?
let's talk about the two theses on UBQU:
the bear thesis - Ballas is a crook. therefore the stock will never move again and any retail holder will never be able to sell and leave the play.
my thesis - UBQU is a zombie stock. Wall street holds 20B of the float? also has 8B which just cycled at the speed of computers. Algorithms now move this stock, sometimes MM selling down to 000001 which no human can do to "equalize" what seems to be some buying pressure.
if retailers owned the float, you would have heard that from "pumpers" on twitter, not from me, and you'd see buying pressure again. but we don't, so I'm pretty sound on the thesis that wall street owns this float both long and short.
also well documented wall street owns over 8490 zombies. not a conspiracy theory. I have provided links. we've seen CDEL on the bid and ask a LOT also CTSI GTSM and sometimes VIRTU.
so there you go. I understand blaming ballas. I used to in 2018-2020.
also if I lost a lot of money should UBQU get moved to expert (dont' think it'll ever be delisted, see the thomas James video on expert markets) we'll be trapped for a long time or if ever. indeed if that happened, it would be a catharsis I am sure to blame ballas instead of myself for making bad risk assessment. easier also to blame me for providing a bull thesis even now.
of course, nobody is buying because of me. the volume today was 10 million? mostly buys and the MM ticked it back down to 00005. no matter. my risk says I can easily risk another 5 dollars tomorrow for 100K shares if the MMs keep wanting to sell at 00005
it's really not a conspiracy theory. wall street pwning the OTC is....pretty blatant out there on most media other than here on ihub.
simple. they make a promise on 'updates'. in fact they probably do it in good faith thinking that wall street and the OTC will cooperate by granting filings symbol changes etc.
of course in my thesis wall street and the otc doesn't cooperate. and if they promised MORE than just updates, well then the SEC sues 'ballas' and the game is over which is what wall street would most probably like.
the rules fromt eh OTCM and SEC are not there to protect us retail holders, they are there to smack down companies and protect those want to drive zombies into the dirt.
most readers don't read just this forum, so its not like removing or attacking my posts convinces a lot of folks that my thesis is wrong.
you COULD be right tho. maybe ballas is this master arch criminal who has ripped us all off, ripped off the GDET investors (from what I could tell that would be ME for 100 bucks alone) and IMTL.
man for such a bad dude companies are just THROWING the ceo position at him.
it's 3 months old but the last newswire on Ballas CEO IMTL
Image Protect, Inc.
August 3, 2022
In this article:
IMTL
-20.00%
NEW YORK, NY / ACCESSWIRE / August 3, 2022 / Image Protect Inc. (OTC PINK:IMTL) (https://imageprotect.com/) ("Image Protect", "IMTL", or the "Company"), an emerging tech and media Company, would like to update shareholders on recent Corporate activity.
Since the recent passing of its former CEO, Image Protect has been evaluating its existing digital media businesses. The Company has spent time addressing the structure of the business, contracts and other legalities (from clients, suppliers, vendors, etc.), and bank loans and debt. More work will continue to be done in these areas.
Additionally, new management has been evaluating revenue producing acquisition candidates that would potentially complement its existing corporate structure. The Company believes it has identified one candidate in particular that would enhance its business and serve the Company and its shareholders well. Additional announcements will be forthcoming.
so the former CEO "lawrence" passed. not stepped down passed.
what makes me more interested is the last paragraph. this implies that UBQU(???) "complements IMTL's corporate structure?" on paper IMTL looks a lot more healthy than ol James Ballas.
and I keep hearing that folks here post a LOT that James Ballas was an arch criminal in 2018 and is still an arch criminal today, ripping off the UBQU retailers.
eh, maybe JB wrote this IMTL newswire 3 months ago.
but I doubt it, IMTL has officers too, that John Thomas CFO, and a COO too.
I believe there was a pre-existing connection between IMTL (and GDET) and Ballas before 2020....
of course my bear opponents would scream. BALLAS and his penny stock buddies are all con artists so they work TOGETHER.
eh again maybe in 2018 they were outlaws of the wild wild west. maybe they had to be but the marshall and the government in DC was more corrupt than the outlaws in 2018 lol. but here's a new twist on my own thesis about convertible bond holders.
maybe not 100% of those converters were truly helping kenny short UBQU into the dirt. maybe some maybe apex or GPL actually were trying to help BOTH IMTL and UBQU (and GDET and 8000 other penny stocks)
for sure, before 3 months ago no UBQU ape cared about IMTL so GPL converting in the last disclosure on IMTL has not a thing to do with one James Ballas.
similar to the nobid crash of 2019. what happened is Ballas agreed to the 10B A/S.
and as soon as possible WHAM out fo the gate SOME converter started selling their BILLIONS into the trips (Jan 2019) also coincidentally that's when mastercard just pulled UBQU's ability to take credit card payments which is 100% of their income based on "ooops we see hemp somewhere in your profile"
so if I were ballas or anybody SANE were ballas, they would take THEIR half of the A/S they could short into the float and get SOME cash before their non-friend shorted the stock to nobid. we went from 0010 to a hard lockdown nobid in like 7 trading days.
that was then, this is now. my new thesis is yeah converters sold tee hee, Ballas sold cuz he didn't want to baghold either. retailers blamed ballas cuz blame the CEO has been that same rule as penny stocks are the wild wild west. converters don't even get noticed. anybody know abotu kenny before january 2021? yeah real sweet deal for wall street.
but NOW I think GPL and apex and whoever has bonds on these Ballas-related pennies....they are seeing their chance to get anything out of this has dried up, they are reading the tea leaves also, and realizing hey....we can get in on this squeeze too once wall street gets blown out.
I have no clue how Ballas took over CEO ship of IMTL. anybody want to do their homework, mail preya and ask her. or whoever IR is for IMTL.
I doubt we'll get any REAL answer. but my guess is the findings will be more of ballas was INVITED, not that ballas bought IMTL or Ballas hostile-tookover IMTL
in closing. and a question for the UBQU Ballas haters...why are these companies even wanting James Ballas, master criminal ceo who apparently makes goziliions on nobid penny stocks, why is this guy getting CEo-ships of completely unrelated companies to UBQU?
my thoughts right now: ain't about the cannabis, ain't about the hemp, all about the technicals and predatory wall street actions, which one day we'll find out about once wall street collapses.
another point about how not only do hedgies own zombies like UBQU, they are trying to HIDE the facts about them
turns out expert markets are a wonderful way kenny turns pinks into for 100% sure their playthings. remember, none of those wild wild penny stocks that were shorted into the dirt that went to expert actually got REMOVED (that would require hedgie to COVER....expert is their way to never have to cover, never have to pay taxes on their millions upon millions in gains destroying those companies in the name of YOUR protection. heh
also at this point, for those posting against UBQU and disagreeing with any bull thesis.
if you think bull theses are wrong, why even post at all? you shouldn't be worried if your thesis abotu UBQU staying dead forever is solid..
after all nobody is paying attention to mine, for example. so no need to criticize it!
lol, areply to down the chain.
citadel alone held 8490 trip stocks as of just mid year.
they actually turn listed stocks to penny stocks then to trips
fluid there was news? I didn't even see it and the UBQU PPS action was as always, with teh S&P like a bored algorithm was playing it.
and yeah every bear here did claim they bought. did any claim they sold? I have them all on ignore.
if I were an upset retailer holder (and I was in 2019-2020!) I'd still do what I'm doing this very day. buying 00005's when the algo dumps to 000001.
open question to the upset long retailers on this forum. what is your exit plan?
stack the 1s now and hope to get something out of it?
ride it to 0 and feel good about the fact your belief that ballas did this to you is correct?
if it runs again, wait for breakeven and sell? if it runs again, will you still believe this stock is a dead cat
to be fair I'll share my plan. if we move up I do plan on getting out. probably for 1/2-80% of my stake but not all. especially if we move up due to just bullish action on the S&P algo buying.
if we RIP, I plan on selling at 0010+ BUT I will want to know WHY we rip. if the moass or a squeeze is happening? or the megacaps are crashing?
I might wait for penny or ridiculous levels like 0050 what? say the fundies guys that's market cap 250 million! no way!
right. but it's kenny's collateral pump, he might need 250M + on that DAY to keep margin on those big meme stocks he needs to control and short back down. ior he needs it to hold collateral on those longs he has as facebook plummets to 35.
I think we'll see a PR like rakuten again. it'll mean nothing as it comes out of newswire. but then some OTHER kenny bought agency will pick it up (remember forbes?) and then they have their lame ass excuse to pump it oh look UBQU went viral on the news. and in come the retailers to fomo it with no clue.
but in this scenario we'll head right back down in a few JUST like movie and game have done many times.
but.....if ballas sells say.....1B A/S and kenny pumped it to 0050? say ballas fills average 0035? 3.5 million. 1.7 million debt GONE, war chest 1.8 million. GPL ventures and that other converter pet of kenny's kick to the curb....and off tot he races with buybacks on kenny's next short down, reverse splits, nasdaq applications heck at this point put a freaking .0001 dividend on UBQU with that 1.8 million war chest and if kenny is still hiding 8B in the float on it, force him to pay 800,000 instead of hide 800,000. sure in 2020 that was NOTHING to kenny but now they are all hemorhaging money to KEEP all these meme stocks down.
right on Rmoss.
no clue who you responded to since i have a lot on ignore.
but yeah. these articles aren't coming from me. they are coming from thousands of youtubers, and millions follow them.
all the old wisdom of wall street like "OTC is the wild wild west" (implying the penny stock CEos are the outlaws)
listen to cramer
etc. all not true.
but to stay on topic, UBQU like many others, and now they are pushing to nerf 13F filings for anything under 3.5 BILLION dollars. proves that they are losing, they are desperate, and they need to hide even more shenanigans while gary gensler is still on their side. UBQU will continue to be a place to hide money for wall street. maybe only 800,000 dollars but they NEED ubqu right now as a way to hold collateral and short swaps on bigger larger and more dangerous stocks!
the good news? first these tricks by Composite man (aka Kenny aka big money aka smart money) is losing control, and it's out in the light now.
the better news? like I mentioend before they NEED UBQU. they can't just come up with a lame ass excuse like "hey all the haters of ballas on ihub called the SEC and complained so therefore ballas is a crook, move to expert. they DID that on another penny stock and it took 3 months of lawsuits from that company to undo it. the ceo they experted them on had MOVED ON.
so why havent' they just shut this down to expert? my thoughts? 1. at this point oh how ballas would sue
2. they have 800,000 dollars or more laundered in other short collateral and positions. shut it down, you gotta take that money out. if you can't take the money out, say....800,000 dollars of unexpected buying pressure on game stock? doesn't help wall street at ALL.
I was bummered when GDET went expert but I get it. it made no sense ballas wasn't going to get those 35B shares merged forcing any sort of reconciliation. also no reason to keep that 15M in debt afloat.
that's why I was overjoyed when chip79 pointed out that Ballas now ceo if IMTL
much better structure. probably a company held by the same folks who are supporting UBQU AND bullish on this play.
also a move of HQ to florida would remove a ton of overhead and taxes for IMTL,
and with less GPL shenanigans ON it unlike GDET, maybe a much more solid case to merge UBQU and IMTL
and lastly as I wrote yesterday, the best part it where GDET was just more cbd and bitcoin crypto credit card, which is 2018's busted plays, this is NFT blockchain, which at the moment the bears in the crypto world hate on (see a pattern?) but to me this is like when amazon was a joke and hated on. NFTs are proven to work (reference rian cohen) and crypto is suppressed by wall street same as the MJ sector.
all will return. and that is bad for Composite Kenny. also IMTL will bein the forefront even if say, a big player like elon or rian cohen do NOT directly get involved.
but back to cannazall. it's a now much better branded, better bottles, always a great product. I see very little reason why one day Ballas might hit a home run and get some larger agency to put it on its shelves. (and yes it has been hoped by movie apes that popcorn muight one day be sold in game stop stores. munchies with the video games? maybe some 50 state legal cbd too...why not?
we wouldn't be having this conversation if the hedgies and kenny just...shorted 100% of borrowable legal shares on many stocks. but they got greedy. it worked in 2008 it has always worked. short, hire mainstream media to distort, a bunch of emotional folks bash the shorted stock on forums, and wham, you've got retailer capitulation. drive it to penny, then to trips, cover a little then once they file bankruptcy....hehe add the Q to the ticker move it to expert and the retailers move on. the ceo is blamed (sears, toys r us, blockbuster) and retailers wish they had listened to cramer more and go chase kenny's long positions that cramer is pumping.
exact opposite happening now! kenny is hugely long on facebook.
I'm still very bullish about UBQU. even moreso hearing about IMTL
on convertible bonds, and why they dilute lower and lower:
not a financial advisor, not financial advice!
yeah this stock looks really bad. actually so do 11,000 penny stocks, and probably half of those 11K stocks are in trips.
you wrote "we all know this will eventually happen". Which I assume means you think that eventually "they" will pump it again.
I think Kenny will pump pennies including UBQU one day. other think that Ballas might succeed with PR shotgunning to get a pump from his devices.
either way, Ballas or Kenny, one of them is "they"
also, right now the beariest of bear markets. we get back to a real bull market? I don't think UBQU stays at nobid. but that requires patience, but oh boy it appears a bullish resurgence on the S&P is in the air.
I can't talk about others. but I picked up a tiny bit to scale into IMTL today, and I'm enjoying getting 00005s on tiny buys of UBQU. managed to get my average to 00007
is there a tweet like, even lame ones always at 9 o clock every day?
at this point my guess the reason it "appears" that promises are dragging feet is because moves are being made by meme companies (including Ballas and associates), they have expectations because if things were lawful, the filings they make to the OTC would be ...granted.
but my theory is if the OTC which is owned by kenny was FAIR, they'd get blown out due to their previous crime. so My theory is the stall is on the OTCM side.
since Ballas has to play fair or lose his compan(ies), or get sued into the dirt, UBQU corporate communications has to wait until there is legal good news to tweet.
there is no reason to pull a P&D from the UBQU side at this time. I've mentioned now for a few days why the PRs might behoove KENNY to pump, which is also illegal, but Kenny owns the SEC and the OTCM AND the DTCC and DTC at this time. so that why at this time I think all the memes play by kenny's game until kenny loses control.
I think news will be released when the OTCM finally capitulates or gets sued to allowing certain filings and moves then those moves tweet out, then we might run.
until then expect probably lame stuff like 50% off for the holidays sale veterans day etc.
that doesn't mean ballas lied imo it means Ballas' hands are tied.
I expect kenny is going to continue to lose control through Q4 here as memes financials get much much stronger and legal shorts decide to start covering. at the same time the megacaps are just....falling apart.
we get a market face melting rally like congress finally capitulates to home-energy productions (coal and oil) while the rest of the world continues to death spiral via quantitative easing and massive inflation. the USA wins. a face melting rally would be very bad for those who are short the entire stock market to the tune of 8B dollars. the S&P would squeeze. the algos would cover and buy.
very good chance the algos on many penny stocks including UBQU GDET AND IMTL would start covering out any swaps on bigger short interest on bigger stocks and start buying also.
so I went to OTCM on IMTL,'
yep chip is right, more up to date they are retiring lawrence's shares and Ballas is stepping in.
what is important tho:
more income
A/S is only 6.5B with 1.2B more to dilute and before anybody screams DILUTION IT IS A BEAR WORSHIP WORD
it's pink it filed...
the going concern didn't mention debt. it mentioned a DEFICIT and it borrowed a bunch of 50K bonds....but nothing like the hell UBQU is experiencing.
oh holy shnike, this could be where we win.
check the profile. it's an NFT blockchain company
OH NO NFT IS THE NEW CRYPTOLIE I'll save my haters the time.
game stonk...in it's first week of releasing the NFT marketplace beat coinbase.
also not the LEASE on the HQ of this computer based company expires soon.
new York state. highest taxes in the union. worst place to live imo if it's NYC not going to recheck the profile.
ok if I was Ballas, or someone advising him. you finish the lease, you take your what? 7 employees dunno doubt it's a lot it's just IP and say hey come to florida no income tax city and local taxes low, no chance of being killed on a daily basis.
all the while I bet tons of aps to MERGE these tickers happened a long time ago but Kenny will control the stocks until he can't control the stocks.
point is, maybe not out of the condo. or maybe get a nice lil condo for the 7 computer guys you might need to run an NFT company.
and hopefully preya or cheung or that marketing guy is suggesting ballas goes ring ring
rian cohen, king of the nFTs....
hi Rian, interested in buying us out? partnership? selling some cool CDB in gamestop stores right next to that perfectly popcorn product so the gamers can have their munchies and their mellow??
viral much?
heck at that point JB might merge UBQU INTO IMTL
honestly only reason we are in the cellar is cuz kenny is still in control for now.