Unique Logistics International Inc (UNQL)

[TimmayOHKAY]

The Asia Pacific deal got extended because UNQL knew they needed to wait for some of these temporary road blocks (noteholders etc.) to play out before they could get a better share price and open negotiations. My belief is they are fully aware of the current decline in SP and unphased, as they know it is a minor setback in the long run. Asia Pacific acquisition should take place after the SP has corrected itself to a fair market valuation. (IMO fair market on current financials is anywhere from .12 to 2.00+) That's taking into account the fully diluted weighted average of outstanding shares. (Keep in mind the AS 800 mil) What I see happening is UNQL will deliver a positive earnings surprise with forward guidance before October when preferred shares become available. This will draw in more investors. I also believe that UNQL is incentivized by a higher SP and not looking to sell stock incentives at the market ESPECIALLY down here in the trenches. They KNOW how much revenue they generate. Granted they did issue some shares I can't blame them for that, cost of being listed needs tending to and that's what market capital is for. What is likely to happen is the preferred shares which everyone is scared of will be utilized in the Asia Pacific acquisition under friendly terms, which should allow room for the sp to gain exponentially on earnings, and guidance, in the interim. (Asia Pacific is also incentivized by higher SP) I cannot see any bear thesis that would merit this stock trading at .05 right now which can hold up. The fear of dilution with this company is misguided. Chances are everyone involved here is looking for higher SP than we know. So, aside from the remainder of whatever's left from that last 8-k, I am confident there is a lot of room for the SP to gain back some losses here. Anything can happen, I'm not buying down here just in case I get to see some really cheap shares for sale. Instead will watch and wait, holding my position win lose or draw.