more of a smokey question, but, sadly, I think I'm correct when the answer is 'no'.
on all those 10B dilution forms ballas has a 100M "preferred shares" which I assume are what is called in blue chip world as "class A" shares. those shares are worth the same crap as yours and mine, but basically holders of those 100M are the ones who get to vote on the "direction" of the company. I'm guessing the old PR guy, who was "paid" 100M shares, and who most likely could have been the final 100M dump to send us to no bid, did NOT have "preferred shares" poor guy, had to cover for ballas dumping, and got paid if he waited to dump them...10K
my guess ballas has 55M of those 100M shares, Zorn may have 45M at best. I'd guess this thing turned into the BIGGEST joke in penny scams of all the pennies...that ballas has all 100M, even Zorn would have been like "wtf man?"
so to get them, you have to have ballas willing to sell them. which he would have if he could by now.
so the only other ways, which are all fantasies and I back it on NO facts or personal experience, are the following guesses.
1. the OTC and the SEC gives a crap about us whining, grabs ballas, puts him in jail. Then his "company" may, just may, go up for auction. probably to pay his debts. with debt I'm sure he hasn't paid, and his company possibly not existing any more, it might take 20 million dollars just to buy it enough to get it back to a no-debt structure. In fact, Smokey once claimed ballas was offered 10M and ballas turned it down, seems positive? well back then ballas THOUGHT he could make much more than 10 million pumping his own PR and dumping. back then the stock was between 0150 and 400. now, ballas would HOPE to make 10M for a buyout, especially if the investor also paid his debt.
the best hope we might get is a class action lawsuit like INSYQ. when INSYS went bankrupt all we bag holders got a form asking if they wish to file. But again, don't hold your breath. what lawyer would prosecute. can't squeeze blood from a turnip. lawyer wants his 40% of ….what?...maybe a mil of all ballas' assets? ok, so then split 600K among the 11buillions shares of bag holders and you get a check for .00005 a share....which....since I'm holding at trip 1....I'd take another 50% realized....of course, maybe ballas is worth more than 2 million. of course, he's incorporated UBQU, so all you can go after is the company...which is some label makers and office equipment, right?
2. WE could throw more money at ballas to buy out UBQU. like I posited above, we are talking 10 million dollars. money none of us have. and I don't trust him, I'd need good lawyers to make sure he doesn't sell us nothing. honestly, I believe UBQU is such a mess, you'd only want to buy the canazzall brand, not the company with its debt. buy the means (rights) of production, and start up a new website. orders come in, cannazall either pre-bought and stocked up, employees grab the orders, package them, make postal labels, mail it. IS there a cbd shortage? doubt it, think he could buy some back surplus. I know the shelves at kroeger are packed with CBD from CVSI.... In the end, we'd be better off finding out who actually makes the bottles of canazzall, see if they make it for anyone, see if UBQU/hemplife today owns the means of production. if not, make up a new label (be creative!) incorporate yourself, and buy those bottles and slap ones own label on it
be cheaper.
now if UBQU/helpstockdeath today does own an actual plant or lab that creates the product, bottles it, and sends it out, then yeah, it might be worth real cash millions to buy it.
also, sadly, canazzal might be a proprietary recipe owned by ballas, you'd have to buy it from him. no luck. but then again, I've seen a few overall CBD reviews. Canazzall does well, but by no means is it #1. Either buy up a recipe that went bankrupt, get one of your sciency friends to take his best guess, and patent your own recipe and mix.
overall at this point my guess is starting up on your own would be cheaper than buying ballas out.
AI
