Unique Logistics International Inc (UNQL)

[TimmayOHKAY]

For some reason or other, the price has found it's way to the price to book valuation on a fully diluted float that doesn't even exist except on paper hypothetically. As in, if Ray had raised the authorized share count to allow all of the preferred B's, warrants, and related securities to be added to the OS. In which case the float would be over 9 billion. Since the authorized share cap is 800 mil that is currently impossible. But according to the metrics, even if it had happened the fair value is .025. With that being said you can divide the current AS by the pretend diluted float to get a yield on how much fair value is being discounted by the AS sitting at 800 mil. 800 mil divided by 9.5 bil= 11.875 (.026)= .30875 So. .30 cents per share on 800 million float is equal to .025 cents per share on 9.5 Billion float. Price to book value. Coooool BEANS!