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Friday, February 08, 2019 6:39:45 PM
Investors will be hurt and there will be a stigma attached not to touch the stock. My suggestion for any CEO is don't do a RS until the company is a sound company. Right now, UBQU is not, repeat, is not a sound company. Any company that have to depend on its investors is not a sound company. REPEAT, A COMPANY THAT HAVE TO DEPEND ON INVESTORS TO PAY SALARIES AND SUSTAIN THE COMPANY IS NOT A SOUND COMPANY AND MUST NOT IN ANY CIRCUMSTANCES DO A REVERSE SPLIT (RS).
THERE WOULD NOT BE A NEED TO DO A RS IF THE COMPANY MADE 30 MIL IN PROFIT. TO REDUCE THE SHARES THEY COULD BUY BACK THEIR SHARES AND RETIRED THEM.
NOTE: THIS KNOWLEDGE AND LEADERSHIP PHILSOPHY WAS ACQUIRED FROM MY CORPORATE FINANCE 101 TRAINING.
IMO
Recent UBQU News
- Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • InvestorsHub NewsWire • 06/11/2024 02:13:55 PM
- Ubiquitech Software Corporation Retains Vitello Capital Ltd. to Aid Strategic Planning and Assess Global Acquisition Opportunities • InvestorsHub NewsWire • 10/11/2023 12:09:01 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM