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Monday, July 03, 2023 12:45:38 PM
yes, I noted in "growing concern" that they mention two numbers.
originally when I was emotionally sparring with the DD guys they used the larger number (On GDET) as the actual debt.
I argued back then that this was total debt for the entire life of company, a running total.
fast forward to now. I gave up getting emotional, and even though I am HOPING you are right chip, I err on the side of worst case fundamentals.
witht hat being said, perhaps UBQU will show no or tiny debt on next filing. My GUESS is not necessarily. why? because if this latest action ...erased all debt, the PR written (by ballas or for ballas) would have been worded much more enthusiastically towards that exact point. instead of "in excess of 1M..." thus implying oh there is debt left.
hope you are right, but I'm still betting on
and all below is my GUESS and OPINION:
that there is a lot of legal garbage on UBQU which caused "kenny" to say oh THIS POS penny stock is destined for EXPERT (back in 2018) and started using his tools to send UBQU to expert...have the mastercard fail for 6 months, use convertible swaps and the run of the mill bad media.
and then not only legal garbage which was GPL's fault, you had all kinds of stock manipulation garbage on it.
so GPL wants their garbage to end, so that they can get actual price discovery and stock structure cleanup on UBQU...
small thief breaks in the house. Bigger thief blows the whistle on the small thief AFTER the big thief takes the stolen goods off the little thief.
little thief out of jail and no longer has love for the big thief. that's my guess.
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