Unique Logistics International Inc (UNQL)

[LJ-Bodhi]

I must have neglected to hit submit on this one....oops:

Briones was issued his 20k at the time of the merger in 2020. He failed to timely file his Form 3 for 2 years. He's the stock accounting consultant and he blew this deadline.

As explained last night, dilution occurs when new shares are issued in the OUTSTANDING shares. That dilution happened when Ray CONVERTED Series B into new shares. When Trillium and 3a Capital CONVERTED all those shares from the convertible notes. When Trillium CONVERTED Series D into new shares. When Southridge CONVERTED Series A. THAT WAS THE DILUTION WHICH RAISED THE OS FROM 329M SHARES TO 799M SHARES.

The 9.6 BILLION shares have not been converted yet. YET. YET. YET. YET. Is that clear enough??? ALL 9.6 BILLION WILL BE CONVERTED AS OF THE DAY BEFORE THE EAC MERGER CLOSES!!!!

THEN, AS OF THE DAY THE MERGER CLOSES, THOSE 9.6 BILLION NEW UNQL COMMON SHARES WILL BE EXCHANGED INTO 27M NEW EAC SHARES WHICH WILL BE RESTRICTED FROM TRADING FOR 6 MONTHS TO A YEAR.

Maybe the future is an impossible concept to understand? That is the massive dilution that has not happened YET. But, according to the publicly filed documents IT WILL HAPPEN WHEN THE EAC DEAL CLOSES.