Pros: actually had product tested, has good flavor.
- Ordered 2 bottles of main stream product, label was printed immediately, placed in post office a week later, 1 week to deliver. 2 weeks, they say 2-3.
- at an all time low, with no sight (yet) of inverse split. so if not in the stock, now would be a time to get into ground floor of this micropenny. Nobody expected for it to go this low, only has 12 or 11 more points to drop. so far resistance at 12, but of course we've seen it go lower. Looks like big dumpers for end of year tax writeoffs are dumping, but since they diluted shares at 10, even not in interest of management to have price go below 10, if goes down from this point, tank up at 0009 or 0008
- since not going bankrupt, because of a good product perhaps a buyout from some rival with better press who yet still operates at negative earnings. even a buyout at 8M or more would most likely make your day to be in at 13.
- farm bill passing, any pro pot or CBD news can get sympathy bumps.
- even from a day trading perspective, buying at 12 and selling at 24 on local pops is a one-bagger for you.
- perhaps perhaps, their name is getting out there by raising google trust score. Or more unlikely but possible, the distributor program could actually act as "real" sales.
If this is the case you could see this stock get back to .01, even .02
-see cons below. Company is chasing rainbows. However, however, this is what Amazon also did, and it paid off big time. Sure, if company got down to making more money the old fashioned way, this stock could see .03, even .04 or .05, but if one of these rainbows actually pays off and UBQU say....gets mentioned on main stream media or by some miracle some hemp life bigwig gets and interview on Cramer, you might see this thing go dolla holla. then you'll wish you bought a mil shares for 1300 bux. of course, should that happen. remember Tilray and sell and GTFO.
Cons:
- the name should be changed to HempLife. Lots of investors mistake this for a software company
- like a lot of sheep managers, this company chased cryptocurrencies and threw a lot of money into it with no result. Hopefully they abandon this fad and get back to spending less than they earn and paying their debt then building the core business
- don't think that is in the cards, however. They continue to raise more debt. Ironically, they still show a profit every quarter. By share dilution, it seems they continue to raise more capital and don't just pay their debts, they continue to chase some rainbows.
- product has no THC at moment. It can't to be sold USA wide, but most users want a little buzz with their product.
I'd say buy 2M shares, set to sell 1M good until cancelled at 25. Let the rest ride.
