Ubiquitech Software Corp (UBQU)

[somanymike]

The last report doesn't include the last 3 months of dilution. They average about 50m/month so they are most likely just past the 900m they had available. No idea how they pay debt from here since they don't have enough shares to convert. I'm not comparing them to any other company, I'm looking at the numbers they reported for the year and the quarter. If you are expecting them to be valued high because their competitors are valued higher, I think you will be disappointed in the long run. It's THEIR numbers that determine the value of the company. That's not to say it won't run artificially when the sector gets some good news, we know that can happen as that's why some of the longs are still here. They bought in on some news and are now too far under water to get out without a huge loss. I hope it runs for you guys, but I got out for a reason and unless they do something about the debt and dilution I just don't see how this will ever be anything other than a vehicle for Ballas to move money from shareholders to Common Sense Holdings. They got some of mine, but they won't get any more of it.