Not Hilarious, Fraud
Anyone who reads both the SEC filings and their long history of press releases will conclude that UBIQ is a pump and dump. Promises of great things that result in nothing. Every technology and business initiative this firm has announced has produced zero, thats right zero, nada, zilch, nothing.
All shareholders have is massive dilution and a CEO who gets paid to sell shares and who has so many conflicts of interest it isn't funny.
All the capital raising has produced is cash for the CEO, and family, and a huge overhang. It hasn't advanced business prospects an inch.
Actually, this whole story is very funny, though it will end badly for shareholders.