perhaps. but move more product? yes! more volume means expanding microeconomy for ballas his laboratory his distributors his warehousers.
also even though the "subscription" is free? it's a subscription model. netflix got HUGE on that. also amazon etc. of course their bubble has POPPED but we're on the ground floor....since we're in at the ground floor, if UBQU bubble pops at .....10 cents rofl....oh nooo good problem for all of us to have.
and as I floor wrote .....the point here isn't to gouge employees or even make more gross profit at this time. it's to build the brand and increase exposure of Cannazall. of course when Jimmy B says "we're going to be a 100M PGM company" even I went SCOFF! you are presently doing about 240K PGM a year! no way I see the leap with your present business model.
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NO WAY I, bluey, see the leap. but I'm not a visionary like preya....and I also listen to the siren lies of wall street saying the company of the past is the company of the now therefore if we wall street hate it YOU the investor must hate, jim cramer get in there and SHILL....
so even though I scoffed at the beginning, I've now seen some squeezes where a penny stock movie company staring bankruptcy in the face this week will now jump from teh top stock in the russell 2000 to the russell 1000, another brick and morter selling game cartridges in the era of computer gaming digital platforms, where the CD ROM drive now is only on "ancient" computers....that company went from bankruptcy to cash flow positive with 1.2B earnings a quarter and is taking the amazon-growth model platform.. it's on the russell 1000 and if it squeezes again, watch out for the S&P 500 for that one.
so can James ballas keep his promise of 100M in PGM?....don't think it's going to happen pre MOASS for various reasons...too many headwinds. but eventually,
well I'm obviously an UBQU BUll, but I wouldn't bet against UBQU doing 100M in cannazall sales yearly before 2025...
my thoughts on the near term awesomeness of this....is the free membership is great....the 40% discount is great...it might cause some customers to feel comfortable enough to AUTOSHIP.....constant order, constant pull from the credit card until they cancel the autoship.
once UBQU can start to see a more reliable stream of orders, they can start to have more freedom on what they can do with the increased profits.
to be honest, I don't want adam aron to take his 800M remaining and slap his 5.1B debt. the haters on that stock would just say not good enough and look smaller war chest.
so even though I crow with UBQU hey throw every extra penny at that debt so one day you can kick the converters to the curb cause fomo in your stock and undilute this pig?
I'm not 100% sure that's the smartest way to go if they grow. if they DO undilute the pig, they need to get 1.6M dollar and just END the converters. no drop in the buckets forever.
as I said before, it would behoove Ballas to cancel A/S but hold 1B A/S....and just hold it. for the next fomo run. many investors who are playing movie and game BOUGHT the stock happily when those two companies diluted because long term they knew the bigger the war chests on those stocks the more they could ...well do waht they are doing, growing, succeeding.
would UBQU whales be willing to sell ballas his last 1B A/S at say .0050?.....that would be 5 million dollars right there. then he could pay off elon or the bank or whoever bought the 1.6M leaving at 3.4M war chest. never needing to go to the well ever again with another toxic converter. could perhaps buy another cheap condo for the west coast....store a bunch more product there....making deliveries faster. for hubs of subscribers in a local area near a hub....buy a van...hire a CANNAZALL delivery driver.
you get the picture. yeah 100M could happen before...I die rofl.
