Tuesday, July 31, 2018 8:38:05 PM
*UBid to Acquire Sky Auctions and have funds for a SECOND Acquisition PRIOR to closing!
*Company WILL BE Uplisting to OTCQB, reason for Audited Financials needing to be complete
*UBid has Teamed with $FUSZ nFusz Inc to create all new Hyper Auction Platform
*UBid Current Est. Revs of $3.3 - $4.4 Million
*Sky Auction Est. Revs of $3.12 Million
*Current Market Structure
Market Cap
2,558,836
07/30/2018
Authorized Shares
750,000,000
07/23/2018
Outstanding Shares
41,271,555
07/23/2018
Restricted
16,926,954
07/23/2018
Unrestricted
24,344,601
07/23/2018
Held at DTC
19,660,443
07/23/2018
Float
22,764,588
07/17/2018
*Anticipated Market Structure after Closing
Authorized Shares
750,000,000
Outstanding Shares
412,715,550 (90% Ubid Owners 371,443,995 + 10% QMKR Shareholders 41,271,555)
Float
22,764,588 (Could Increase depending on whether or not new shares coming to market are restricted)
*Majority of the Company, more than 90% will be owned by Current UBid owners and Insiders. May see some of the current Insiders sell when their share become unrestricted. I do not see them settling for prices anywhere near these levels as they know the Magnitude of this deal and where UBid is taking this company in the future with nFusz tech and ground breaking Interactive Hyper Auction Platform at the helm!
Below find the Links and Pics to support this DD!
https://www.otcmarkets.com/stock/QMKR/news/Incumaker-Inc-Update-to-Previous-Announced-Merger-with-uBid-Holdings-Inc?id=199552
https://www.otcmarkets.com/stock/QMKR/security
https://nfusz.com/wp-content/uploads/2018/01/JUNE-15-2017-Press-Release-announcing-uBid.pdf
https://www.owler.com/company/ubid
http://www.hoovers.com/company-information/cs/company-profile.ubid_holdings_inc.031f57289f127f4c.html#financials-anchor
http://www.hoovers.com/company-information/cs/company-profile.skyauctioncom_inc.7cd79c18da5076b0.html#financials-anchor
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