Ubiquitech Software Corp (UBQU)

[Matthew12321]

Seems ppl are a bit confused with my 2bn shares comment. I didn't say they have 2bn shares. What I said was EVEN if they DID have 2bn shares I put fair PPS at .035. Given that they only have 750m shares or so that puts current fair value at 7m (projected rev) * 10 (rev multiplier) all divided by 750m (shares out) gives you a fair value of just over .09. When doing valuations though I always assume some dilution rate so in reality I would expect 1bn shares here so the price I think is fair currently is .07. Any way you slice it though this stock is very very undervalued and I'm a big buyer here is the main point. Even at the low end of the range (.035) that's over a 3x return which is fantastic. So no they don't have 2bn I'm jsut always conservative with valuations due to some lessons I've learned in the past about aggressive best case scenario valuations. Best case this thing is worth about .15 currently. But again even worst case I'm looking at 3x return here.