Ubiquitech Software Corp (UBQU)

[somanymike]

Those are the balances. Nov. 30th 2016 was 185,308,000. Then Feb 28th 2017 was 267,308,000 (increase of 82m for the 3 months, about 27m/Month). Then it went to 715,528,000 by Nov. 30th 2017 (increase of 448,000,000 in 9 months, about 50m/Month). Then in Feb 2018 it's at 771,908,630 (increase of about 56m in three months, less than 20m/Month).

So during the first quarter of each year, they do below average conversion. In fact, the fins say nothing was converted in February 2018, although I seriously doubt that's the case. Then they ramp it up in March.

If you look at then records, it looks like Nov., Feb., May and Aug. have consistently less conversions. Probably some tax related tactic, I have no idea.