Unique Logistics International Inc (UNQL)

[TimmayOHKAY]

The late filing is actually a good thing because they indicated there was no significant change in business operations leading up to it, which means they simply have had another busy year, like last time. These reports are massive and require a ton of data entry, fact checking, desk time is insane for the 3rd party accounting firm. The first thing I checked on their late filing was to see if they had any significant business change indicated. With the addition of Kroger it is likely they have improved margins in this report. None of it matters though when you've got low confidence in retail around your market security due to the many problems insiders present with their own, flagrant disregard for shareholder value. With that said, I gather the current share price will yield a very nice scalp for some of the scalpers willing to risk a position and then flip it.