Good morning/afternoon UBQU shareholders,
I have not posted in awhile as I wanted to give UBQU leadership and Chris Fisher (IR) time to take in our feedback/disappointment as shareholders at how the company is being run, look in the mirror and really put in the effort to do things right.
After reading the latest PR from UBQU, it's evident nothing has changed. That PR is poorly written and says nothing of value. I showed it to my 8th grade daughter and she laughed and asked if these are educated adults running this company.
Any CEO worth his salt, would never allow a PR like that to be issued. A PR should inform shareholders and provide valuable data supporting the actions they've taken to drive the company forward. It should be professionally written and reviewed prior to ever being released.
James Ballas is NOT a CEO and must be removed from this role before he destroys the company. I don't make this statement lightly. It's with a long track record building businesses that I have a good understanding of when a CEO is doing their job (truly representing the best interests of the shareholders) and when they are not. It's clear from reading this PR that James Ballas is not a CEO, just posing as one.
It's truly disgusting to watch a company I've invested considerable funds in be run in this manner. It's why UBQU is trading at $.008-$.01 endlessly when it should be at $.04+ today. The market and deep pocket investors see what is transpiring, thus the stock price is trading well below where it should.
Rush/Smokey/SMM and others, please keep all communication with leadership and Chris Fisher. Chris may very well be in on what's happening outside our view and thus tread carefully when communicating with him as things don't add up with UBQU.
I've kept my shares thinking they would take our suggestions/knowledge/advice and incorporate into the company for the betterment of all. After not posting in almost 3 weeks (while still reading the board and company communications) it's evident that nothing has changed. This PR just confirms the original concerns I shared with James Ballas and Chris Fisher prior.
The only way they will change is enough shareholders write, call and demand change. If not, we will be sitting here in another month with the same unprofessional behavior as we've grown accustomed to seeing. Leadership will manipulate shares and the company at some point will declare bankruptcy after they've taken enough funds from unsuspecting shareholders.
Best regards
