Ubiquitech Software Corp (UBQU)

[seneca_44]

You are right. Sorry for the typo, but why should one be paying $0.0073 for shares that are being issued at $0.001. At one point in September 2013, the share price was $0.43. As recent as May 2, 2017 it was selling for $0.03 and it has declined since then to $0.007. It is just dilution, dilution, dilution. Their latest report includes the following details on shares issued at $0.001 per share in 2017.

"During February 2017 the company issued 22,000,000 shares of common stock for conversion of debt, valued at $.001 per share.
During March 2017 the company issued 58,000,000 shares of common stock for conversion of debt, valued at $.001 per share.
During April 2017 the company issued 25,000,000 shares of common stock for conversion of debt, valued at $.001 per share.
During May 2017 the company issued 21,000,000 shares of common stock for conversion of debt, valued at $.001 per share.
During June 2017 the company issued 62,383,727 shares of common stock for conversion of debt, valued at $.001 per share.
During July 2017 the company issued 55,000,000 shares of common stock for conversion of debt, valued at $.001 per share.
During August 2017 the company issued 30,000,000 shares of common stock for conversion of debt, valued at $.001 per share.

I say the company is profitable. Get a loan and replace this toxic debt or the shareholders will find the value of their shares begin to approach the $0.001 per share they are now converting the debt at. I own no shares in this company, but In March 2017 I did think about it. Thankfully I did not. If I had, I would have been looking at a 80% loss of capital with no evidence of a short term prospect of recovery.