since the new website hit around June 10th, the next fins will reflect the previous quarter. even if there are huge increases in sales from the new website, we won't see it in the next released fins I believe.
but I get the gist of what you are saying.
as for having enough time from 2014 to be here now, well we all have looked at all the companies in the market. all of them have angry apes who expect immediate results. and with the headwinds I believe are on UBQU those we didn't expect to be hostile towards it in 2018 and those that are all too open about it now, I kind of do believe that it would take this long to dig this, and any business heavily attacked with an interest that it visit 0, out of the mire.
as for the sentiment of "too little too late"....well we're here, now, with these new additions. and I am actually very bullish about the free membership offering and 40% discount across the board. again, it's the wal-mart tactic.
when the economy is down, cut your profit margin to razor thin per unit.
but but bluey, say those who hate bluey "we need the profits now so Ballas can pay the debt and pump the PPS"
but at this point during a down market, if UBQU drops its margins to razor thin, and the other CBD gummy companies do not. (similar to wal mart) then the consumer goes to the cheapest prices for equal quality ( and cannazall has improved in quality), thus increasing their profits by selling more units.
also this causes the competition to fold, and if UBQU increases sales in units, it also causes more of the profits to cycle back into production, delivery, etc. and the profits are made up in volume.
of course, eventually this model hits a viral breaking point, and the debt can be adressed.
of course, there might be plans to hit that 1.6M debt other than just move more units and slowly pay back the debt, as I've mentioned to nickel and dime overpay the toxic convertible debt is not the smartest way to go.
I'll still want improved profits and debt reduction next fin. hoping for about 25K profit, and 1.4, 1.3M thanks to all the A/S being converted. but not expecting to see breakout next fin. the fin after that I'd expect something....
at this point UBQU probably being led by NOT ballas is building a loyal CUSTOMER and SALES base. with that, and especially witht he weird replenishment of the bid, I am sure the share buyers will follow.
100M PGM? yeah I scoff at Jimmy B with you scratch. but I've seen wilder things, like those two bankrupt companies turning into multi billion dollar companies with 1B dollar war chests. who knows? by 2025? yeah possibly 100M PGM. short term? maybe back to 4M PGM a year.
It's going to take a while to get retailers to slap the ask with crazy abandon. but in my opinion, it's a good thing we settle down here for a while while the fundamentals of the company truly improve. and something weird with the 000098 sells IS going on. is jimmy under preya's advisement undercutting the MMs like CITADEL and VIRTU and the converters, and direct selling to more and more venture capitalist...humans? possibly. only reason atthe moment I can fathom why the bid isn't like...400M right now. and at this point, the less the toxic converters are in the play to help ballas "raise cash" (of course this dilution problem started in 2018 its not like it's a fresh thing) the better.
either way, if the MMs are getting cut out of the dilution trade, imo that would be a good thing. if humans own 100% of the float, regardless of its size, humans start to determine the bids, the asks, and 100% humans in it their goal would be to drivethe PPS as high as possible because no UBQU human who wants to make money buys the shares wants to sell them lower.
I don't know about 2014, but this is definitely NOT Hemp life today's 2018 company in my opinion.
and finally about what the market will say. so far, the only anomaly I've seen from being tied to the memes is this weird 000098 action followed by the bid replenishing. the memes ARE up today so maybe MMs stacked the bid based on movie and game being up.
my thoughts are our fins will come out, maybe if 2 fins from now for Q3 (isn't month 6 like just before Q3 begins) come out and profits knock the socks off, well then we might rip. other than that, I really think we move with the memes.
I will give the distrustful sentiment this. if it does show massively increased sales, but stagnant profits, and no true infrastructure investment in tangible things, then yes, sadly that means continued mismanagement. but if say the money is used to repay debt or reinvestment in tangible assets such as warehouses delivery or increased inventories, this will continue to be looked at like a very small growth company.
now the question is for me, why is the ask so low and so much? 1.49B.
I can understand why so much if:
- the buyers are trip traders and trying to get 100% and their initial bet back
- the company is super overshorted and the shorting entities (MMs) want to psychologically upset folks like you and me that this thing 'will never run'
- I'm wrong and there are a bunch of panicked retailers who instead of just dump selling are stacking the 2s hoping in months to years they can get out at trip 2.
- algos run this stock, MMs do have plenty of shares long, and well, markets SUCK right now so their robot minds say UBQU lean towards nobid.
I thought the 2nd, I now strongly believe the 4th, and the 1st one is starting to look a tiny bit more realistic to me.
I so expect more A/S to be sold, sadly. down here. but at this point not sure I mind it as much. it might not be benefitting the toxic converters and it is very clear that an effort was made to improve cannazall.com regarldess of a sentiment too little too late, it was done. it's here, and I'm anxious to see how it plays out.
