Ubiquitech Software Corp (UBQU)

[somanymike]

Yep, their only hope for redemption is to pay in cash instead of getting more shares to convert.

I got out when I saw the new debt and we weren't even looking for or expecting it. This time, if they have more A/S or more debt, the lenders will want cash because the Share price will be back down to .001 within a week of financials.

All eyes will be on it this time, and I doubt anyone will give them any more time to turn it around. My guess is that these fins will show no new shares and no new debt, as they had just enough to stretch it to eoq before needing more. So if it's not on this one, and still no explanation, keep an eye out for the Oct. fins. They will be key.