Unique Logistics International Inc (UNQL)

[TimmayOHKAY]

The only plan I can see is the one where they extended the two remaining notes out to mature after Jan 2022. The fee to extend was 120k so why would they PAY 240,000.00 out of pocket to a noteholder for an extra 3 months? Because of the prospect of 35 million initial public offering proceeds following their IPO. Reduced float and a press release timed to correlate with with IPO (Asia Pacific Logistics controlling interest and added revs) Will not only rid them of Trillium and 3A but put them on NASDAQ with little to no debt, and EBITDA profitability. Institutions or banks could find the investment attractive for their high risk or aggressive portfolios. It doesn't matter to me. I'll only average down here using house money. No way I'm taking anything else other than house money to lower my cost. Hold until the wheels fall off.