I'll admit that before ballas was made ceo fo GDET and IMTL I thought that Ballas was against GPL
also I implied that ballas wasn't a crook more of a fool.
so I'm following scratch and I'll hat tip to Joe that indeed, Ballas & GPl are both criminals. where I disagree with the them still is that they are continuing to focus on retailers for their revenues, I think that ended when the OTC went after lawrence and the realities of the fact that
1. retailers aren't buying
2. the 8 billion shares joe talked about. I think GPL realizes their next money play is not from us, but from perhaps A2GG as joe implies, or those who own the float. which I believe are not retailers, but hedge funds and institutions
a recent exchange today though intrigued me. I still hold that fundamentals on GDET (in fact, GDET has no fundamentals at all hence its on expert) , IMTL and UBQU mean nothing. so still quite skeptical on scratch's assertion that if they continue to improve fundies, we could see a pop in UBQU's PPS.
but I have some questions:
GDET out of expert? anything happened recently to even IMPLY GDET is trying to get out of expert? firstly, GDET didn't have a product. IMTL and UBQU do. they could file months and months of paper I think showing 0 revenues but I think the OTC would frown on that. I think GDET was part of the GPL "reorganization" where they put ballas , their minor criminal employee under ceo ship as whoever was the single ceo of GDET ...went away. but it had no revenues, so they probably just let it go expert. but if there is proof they are bringing GDET back to pink...hooo boy good for us. another pile of shares for mergers acquisition and chaos for the institutes who short to drive these penny poses in the first place.
scratch mentioned GPL debt with UBQU cancelled? now indeed I noticed an article a year and a half ago where priya wrote that we had cancelled our debt with a large convertible debt holder (I think it was lawrence adams who probably was dying or had died and it was time to tie up that end)
but last I checked ubqu was 5.7 million dollars in debt. if we have ZERO debt, then yeah, we are a powder keg awaiting to go up.
in the end perhaps the billions moving with no PPS is GPL moving its own money around or putting the screws to AA2G.
with that being said, the movements on UBQU and now IMTL, and finalizing IMTL acquisition by ballas through sale of preferred shares of IMTL, along with these upheaval movements joe mentions happened within DAYS of meme stocks moving up (and that 400M sell with banks failing)
I am unsure that these moves are interior funnelings.
my thesis is this: GPL is cash flow positive. they have IMTL and UBQU who actually make money regardless of their horrible balance sheets. it's a bear market, and GPL realizes if they just WAIT OUT the bear market, and survive while their friends on wall street (and no, wall street entities hate each other) GPL could make billions from forcved buying from the entities that drove their pos stocks to nobid in the first place.
and also that's why I think they went dark with retailers. the buying wont come from disgruntled retailers who have been stuck at nobid for 6 months. when they tweeted updates coming, all the retailers tweeted back was "yeah sure you bunch of criminals" or something of that effect.
GPL doesn't expect the fomo effect to begin with retailers any more. retailers are tapped out and all out of fs to give. criminals sure, but not the criminals who will cause these stocks to rip the next time on. the bigger criminals are the target.
also they could be waiting out the bear market. eventually we will quantitative ease..and money will flood back into all markets, and last time that happened early 2021 UBQU went to 0021
of course this means we're still a P&D but if we p 0001 is the place to have an average.
anyhoo if my understanding on UBQU's debt or GDET coming back from expert is wrong, I'd love to know. that would be epic.
