Ubiquitech Software Corp (UBQU)

[seneca_44]

The debt holders must be making a killing out of this company. Not only are they getting 10% interest on their money but since 2017 they had the capacity to sell their converted shares at up 30 times the cost of the shares to them. Even now at the depressed price of $0.0073 they can still sell their acquired shares at a 600% profit.

UBQU must be a profit mill for these debt holders. Since January 2017 over 960 million UBQU shares have been traded. In that period the company issued to debt holders over 270 million shares. Your guess is as good as mine as to how many of those shares they are still holding. Chances are, they have sold them all. Those shares would have cost them less than $300,000, but if they sold them they could have made a profit of over $3 million. I guess they arn't fools. Go, Go , Go UBQU they must be saying as they stroll to the bank to lodge their cheques. Its better than the lottery.