right on Rmoss.
no clue who you responded to since i have a lot on ignore.
but yeah. these articles aren't coming from me. they are coming from thousands of youtubers, and millions follow them.
all the old wisdom of wall street like "OTC is the wild wild west" (implying the penny stock CEos are the outlaws)
listen to cramer
etc. all not true.
but to stay on topic, UBQU like many others, and now they are pushing to nerf 13F filings for anything under 3.5 BILLION dollars. proves that they are losing, they are desperate, and they need to hide even more shenanigans while gary gensler is still on their side. UBQU will continue to be a place to hide money for wall street. maybe only 800,000 dollars but they NEED ubqu right now as a way to hold collateral and short swaps on bigger larger and more dangerous stocks!
the good news? first these tricks by Composite man (aka Kenny aka big money aka smart money) is losing control, and it's out in the light now.
the better news? like I mentioend before they NEED UBQU. they can't just come up with a lame ass excuse like "hey all the haters of ballas on ihub called the SEC and complained so therefore ballas is a crook, move to expert. they DID that on another penny stock and it took 3 months of lawsuits from that company to undo it. the ceo they experted them on had MOVED ON.
so why havent' they just shut this down to expert? my thoughts? 1. at this point oh how ballas would sue
2. they have 800,000 dollars or more laundered in other short collateral and positions. shut it down, you gotta take that money out. if you can't take the money out, say....800,000 dollars of unexpected buying pressure on game stock? doesn't help wall street at ALL.
I was bummered when GDET went expert but I get it. it made no sense ballas wasn't going to get those 35B shares merged forcing any sort of reconciliation. also no reason to keep that 15M in debt afloat.
that's why I was overjoyed when chip79 pointed out that Ballas now ceo if IMTL
much better structure. probably a company held by the same folks who are supporting UBQU AND bullish on this play.
also a move of HQ to florida would remove a ton of overhead and taxes for IMTL,
and with less GPL shenanigans ON it unlike GDET, maybe a much more solid case to merge UBQU and IMTL
and lastly as I wrote yesterday, the best part it where GDET was just more cbd and bitcoin crypto credit card, which is 2018's busted plays, this is NFT blockchain, which at the moment the bears in the crypto world hate on (see a pattern?) but to me this is like when amazon was a joke and hated on. NFTs are proven to work (reference rian cohen) and crypto is suppressed by wall street same as the MJ sector.
all will return. and that is bad for Composite Kenny. also IMTL will bein the forefront even if say, a big player like elon or rian cohen do NOT directly get involved.
but back to cannazall. it's a now much better branded, better bottles, always a great product. I see very little reason why one day Ballas might hit a home run and get some larger agency to put it on its shelves. (and yes it has been hoped by movie apes that popcorn muight one day be sold in game stop stores. munchies with the video games? maybe some 50 state legal cbd too...why not?
we wouldn't be having this conversation if the hedgies and kenny just...shorted 100% of borrowable legal shares on many stocks. but they got greedy. it worked in 2008 it has always worked. short, hire mainstream media to distort, a bunch of emotional folks bash the shorted stock on forums, and wham, you've got retailer capitulation. drive it to penny, then to trips, cover a little then once they file bankruptcy....hehe add the Q to the ticker move it to expert and the retailers move on. the ceo is blamed (sears, toys r us, blockbuster) and retailers wish they had listened to cramer more and go chase kenny's long positions that cramer is pumping.
exact opposite happening now! kenny is hugely long on facebook.
I'm still very bullish about UBQU. even moreso hearing about IMTL
