Need cash badly, yet...
This company has sold almost $7 million in equity at steep discounts, hurting existing shareholders, still needs cash desperately, yet can lend an affiliated company $787,000 dollars.
Seeing as the affiliated company is owned and run by UBIQ's CEO & CFO how can this be ethical?
And, the affiliated company looks to be long defunct and not operating.
Oh, and should we mention that almost 1/2 million of the money raised is paid the CEO as a "commission".
This just underscores the magnitude of the fraud they are running.