I am not being paid to post here. I don’t have any business or financial relationship with UNQL. I bought INNO pre-merger and was out entirely by last August when Ray converted his 125m shares. I posted the playbook back then that this was a pop and drop ticker that moved predictably on earnings and news. The chart proved me 100% correct.
I held out hope for the merger and capital raise/uplist through the end of 2021. Then, the Exchange Agreement in December was a red flag, the Amended S1A was a red flag, the January 10Q was great, but the failure to file basic disclosures on February 15th, along with misrepresented filings on OTC raised major red flags for me.
As I've said consistently since, I did a deep dive and have posted evidence of the stock scam from the public filings since early March 2022. Over 200m preferred shares converted for fractions of a penny and billions more to go. Anyone can check my posts. Many here don't like that I switched my opinion and I couldn't care less. I try to help new folks in a sea of misinformation. A billion in revenues? Yes, and a billion in costs too!
I don't tell anyone to buy or sell. I explain when the price will drop and it does. I explain why it drops. The chart again proves me 100% correct. UNQL has dropped consistently since going public. It's not a new company...been in business in Asia since 1983 and the US since 2012. The Asian offices are not really a big deal. Full value based on the current acquisition agreement is less than $40m. The purchase price is disclosed. I find it ridiculous that anyone says UNQL is a billion dollar company. It was consolidated for $8m 3 years ago. This business doesn't trade on revenues, it trades on profits. Target profits for the Asian offices is less than $5m and that's before interest and taxes. It's clearly stated in the filing. Maybe I shouldn't care to protect newbies who might actually believe such nonsense.
It's a very much different thing I do hear compared to those who own, are red, and still try to persuade others to buy the same junk they want to dump if it could only get one more good pump. In my book, that's shameful.
Also, try this decimal trick. Move UNQL over to the right three places. If I see a stock trading between $10.80 and $12.80 on a Monday in a down market with no news and low volume, I see clear market maker manipulation. That's a 20% spread up and down in one trading day for no legitimate reason. This is not a normal stock and it's not a normal public company. The chart speaks for itself.
