Ubiquitech Software Corp (UBQU)

[Joe Burmeister]

I tend to agree.

Ballas has billions of shares at his disposal, that had been previously converted, and now are accounted for in the O/S, when he "issued" 16 billion shares to GPL in the last two years. But GPL never received them since if they had they would have to file a Form 13, and Ballas would have to list them as a 5% holder in the financials, and Cheung would haver to mention them in his attorney letter (but he disclosed instead there were no 5% holders), and the SEC would have seen that GPL had more UBQU shares on their books (16 billion shares!!) than any of the other 85 microcaps that GPL did business with. No other microcap came even close to the 16 billion shares Ballas supposedly gave GPL! But GPL never had those UBQU shares on their books - so where did those 16 billion shares go?

That's why we have been seeing billions upon billions shares hit the market in the last few weeks and no increase in OS.

That lengthy PR, basically said NOTHING. Just another fluff PR to convince the masses that UBQU is going places, while he continues to dump week after week. The P&D campaign is in high gear as is evident by the number of tweets & PR this past month, but so is the volume. Even with all this shameless pumping, and huge volumes in the last few weeks, the stock has gone no where but down.