Unique Logistics International Inc (UNQL)

[LJ-Bodhi]

Someone should break the news to the sky water handle on Twitter that the world is going into a recession and the crazy inflated shipping rates from covid will be ancient history. Shameless pumping without any basis in reality:

The Wall Street Journal: Cargo Shipowners Cancel Sailings as Global Trade Flips From Backlogs to Empty Containers.
https://www.wsj.com/articles/cargo-shipowners-cancel-sailings-as-global-trade-flips-from-backlogs-to-empty-containers-11664681947?mod=flipboard

As anyone who actually follows UNQL knows, they did not increase from $100m revenues to a billion. The revenues were over $300m in FY 2020 and much of that was due to higher shipping rates. Then, the shipping rates went even higher last year to achieve the "billion in revenues." It's all artificial pump nonsense because the costs were also a billion. To be very specific, UNQL paid the exorbitant rates first (with the TBK credit line) and then charged a pathetic 4% margin to the small handful of customers UNQL has. Facts separated from fantasy.

And for the new person asking about the acquisition and uplist, that has been teased for over a year. Current deadline to raise $40m is December 31. No reason to hold your breath. That can will likely be kicked down the road again. Standard Operating Procedure for UNQL.