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Alias Born | 12/31/2016 |
Thursday, December 10, 2020 5:32:49 PM
Great day to add or grab a starter.
If anyone remembers how this traded into the .20s, it was extremely difficult to get shares, and any offers got bought hand over fist. Any price that was bought today was a good price, IMO.
Name & ticker change coming on or about Dec 27, as per the last filing. That means that as we get closer to that date, the inevitability of this being halted to make the changes grows closer and closer.
When the halt happens, it will not be tradable by retail. Last ticker I was in that did this was untouchable for 4 days. It had volume but it was very light, from MMs only I suspect.
If the changes take 4 days here, when we do start trading again I expect a gap up. I'm not going to assign any PPS value because that's something I stay away from. But we'll probably have some financials confirmed by then also, and IMO the market has this company grossly undervalued.
A worldwide logistics company with millions in recurring revenue, $25M credit from their invoice company, a major $20M+ Asian air freight contract, a management team that is moving things along quickly and quite brilliantly....merged into a shell that's .06, with a float somewhere between 33M and 69M shares.
I think the PPS has some room to appreciate, IMO.
Hit the disclosure and news tabs to read all about it:
https://www.otcmarkets.com/stock/INNO/profile
Then browse through these other links. The more familiar people get with this company now, the easier it is to make informed decisions when considering investing.
https://www.post-gazette.com/business/development/2020/12/08/Qatar-Airways-cargo-flights-Pittsburgh-International-Airport-Doha-Bangladesh/stories/202012080062
https://unique-logistics.com
https://www.linkedin.com/company/uniquelogisticsinternational/
Have a good night all!
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