neh. perhaps retailers were the original targets, before the collapse of the markets became REAL (ftx started it but it still takes months and months for the biggest P&D (the s&p) to unravel, but the retailers made it clear to GPL who is the brains of the operation that they weren't going to buy. so they fired their entire PR firm for now, no point in paying them. and yes, ORIGINALLY their goal was to p&d retailers hence the lawsuit against lawrence adams by hte SEC. but that was a while ago. and the reason teh O/S has stayed the same is because retailers aren't buying. also I am unsure GPL can "dilute" by placing GTC orders on the ask. even so, since it is GPL's OBJECTIVE to dilute at the highest price for good or ill, last thing they want to do is stack trip 1, discouraging retailers. I'm pretty sure that ask stack is mostly CDEL and other market makers. I doubt few expert trip humans have the patience to get a sub trip 1 average. even so, I don't have an ask right now.
and if I were GPL and the only buying was to come from angry retailers always dissing on the stock and their puppet ballas, I would probably call it a day. after all, the 5.7 million owed by UBQU and the ...7M+ owed on IMTL is owed to GPL.
but yet, when everything looked darkest, they work to get pink again, pretty strenuously, and the earnings versus the debt and being at nobid inspires no retailers, inspires no algorithms that UBQU is a buy.
so why? based on the general tone of this message board which to my knowledge is the only one engaging retailer sentiment, lots of angry folks. blaming ballas. I doubt they intend to entice retailers to get this next fomo.
If I were GPL I'd have filed for hemp life today name change in 2019, and I have had filed for cannazall name change back in 2021. I believe they did. I believe the OTC (and sec) are our real enemies, not ballas, and not even gpl any longer. and they are like nope. don't want those shares reconciled.
I believe they tried to merger GDET they might be looking at doing similar with IMTL or at this point, just moving all operations to florida for many reasons. I will be jaw dropped if IMTL stays headquartered in New york state.
So honestly, I do not expect any slow moving grind of sell more units, make more profit, pay off debt. actually at this point, since I've changed my feelings of Ballas beign hostile to GPL and I agree with the angry folks that Ballas and GPL are working TOGETHER, they are going to continue to grind to just stay PINK....and the other thing I now think is sure GPL has ubqu in debt for 7.5 million dollars but its effectively GPL's company now, with ballas allowed to stay on as CEO as a figurehead. so in a way, the debt isn't a real threat to UBQU's bankruptcy and dissolution.
unless I get surprised and find GDET goes pink (really doubt it its listed not only as expert but skull crossbones caveat emptor) and debt just vanishes on UBQU's filings....I think the next play will come out of nowhere and have nothing to do with UBQU trying to win back the love of disgruntled retailers.
I'm emboldened by no name change so far no symbol change. this means that instead of Ballas being hostile to GPL who is working with kenny. it means that ballas is working with GPL which to which kenny is hostile. since the SEC is pretty much there to protect WALL streets interest not ours.
if there weren't those 8 billion in shenanigans on UBQU. they'd let us symbol change to CZAL or what-ever and if retailers were still here holding 29B shares of garbage....we'd scream louder and be screwed. but we haven't symbol changed. I don't think wall street wants our shares to be recalled from the DTC and rectified.
remember when stock twits had UBQU tweet out hey OTC update our share structure! I do. nothing happened AND this forum continued on grumbling and blaming ballas.
anyhoo, there ya go. I haven't been more confident that there is corruption on UBQU's share structure, and its on the big three's end (market makers, brokers, banks) more than GPL ventures end now. GPL is still in the play NOT to get retailers to buy, that ship has sailed, and retailers are emotional types who never forgive. besides we're a POS nobid penny stock, the best jump we might get from here is 0010, so most retailers are gonna at best trade and move on.
so no need to have marketing budgets any more. but how can they get a share structure rectified. well, acquisitions, mergers, symbol changes, etc. GPL can be patient. wall street and their SEC puppets are running out of time.
so as always, not waiting for any love to come from UBQU directly to us. but I watch the markets, the collapse of financial institutions, hoping GPL stored some cash for the winter and not in any of these small banks ...and I watch the trades.
got a lot of trades again, weird 500K and 10K moves, some within 30 seconds of each other. not humans. nothing like those 8B and 3B moves that joe mentioned. but we still had them. I'd be surprised if more than 250,000 shares today were bought today by humans.
they could be cycling through the 8000 penny poses that citadel controls right now. but eventually I think they'll cycle back to us.
Kc shaw of youtube mentioned two more banks besides comerica and zions which are looking pretty bad. the end for every bank but the biggest 4 criminals is near. sadly, I think the most UBQU profits are to be had when they use swaps to cover on meme stocks by moving as much covering as they can into the POS penny stocks. so we'll wait I think.
but I don't expect any tweets or PRs from UBQU begging back the love of angry retailers, and I don't expect angry retailers to fomo into the stock, initially. not that it doesn't mean UBQU won't move up in PPS imo.
