Ubiquitech Software Corp (UBQU)

[80 bluchip 20 pot]

In all seriousness, I'm unsure if there is a covenant with the convertible lender to not issue a cash dividend, or if sub penny OTC stocks can even issue a cash dividend.

with that being said.....at this point the path to screwing the shorts on UBQU even if they cannot get the SEC to change the ticker etc is simple.
1. pay the debt which is like 1.5 million. remove the covenants.
2. get a R/S hear me out....if and only if you need to have a PPS above a certain area to offer a dividend.
3. offer a dividend. even if it is a PENNY on a certain amount, if it turns out that shorts have nakeded this thing so at present float say retailers DO own 20B+ of this "pos" float?....first fomo will kick in just to hold pennies each quarter on a manipulated cellarboxed stock. Secondly, if it does turn out that there are say....50B....60B shares out there held by retailers, well the MMs and institutions who went naked on the stock have to pay out the excess dividends. sure right now that may be a dollar lol....but should FOMO continue and it's clear UBQU isn't going bankrupt...the shorts will cover and find a new cellarboxed POS nobid penny stock to hide their shenanigans in and try to drive to expert.
that's why I think IO is huge....shorts now realize UBQU isn't going to be one of those thousands of cellarboxed POS penny stocks that they can drive to expert and then ignore.