Agree surly, this will pop, and pop big
One could argue though that after the big pop it would go down again. The "reality hits" phase after the pop. and after that pennies either enter a "consolidation phase" and they explode big time 3000 to 4000% later and stay there, or they fail to capitalize upon their pump on poor management and crash and go bankrupt.
I'm believing that UBQU has HAD it's consolidation phase. it popped to 4 cents in 2016, then 2.92 cents in early 2017...then it crashes to now...on poor management decisions "cryptobuy, diluting.
even the 5B dilution seems to be a poor move by Ballas.
But, now we have rumors that advisors, solid financial backers doing 10B doubling down, name change, farm bill, increased google trust score, distributorship program and youtube videos showing decisions being made to increase advertising and going viral.
To me, this stinks of "consolidation". Smokey is saying also the first 5B is aimed at the toxic debt. another good play. So...this company has abandoned trying to chase the latest fad, which is a possible tactic for wins in a bull market, and is now focusing on debt management and increasing revenues in a bear market, trying to use good management techniques, just like we as individuals would run to cash and overpay our debts to erase negative percentage growth in a bear market.
So, if UBQU pops....imo it has a 10% or more chance to pop humongously. 3000-4000% and plateau.
oh another thing, which came up a week(?) ago which means it was a million years ago. UBQU had acquired more acreage for MJ growth. The argument was that was fake and useless news because UBQU didn't own the land. true, it would be cool if UBQU actually increased it's true value capitol, but think about it.....more land (even rented, even contracted with enzo labs) means they need more pot...more pot means more CBD oil....more CBD oil means they know they are going to move more units= more earnings = more revenues = eventual catalyst news.
