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Re: None

Wednesday, 05/08/2024 12:39:17 PM

Wednesday, May 08, 2024 12:39:17 PM

Post# of 75988
This is my take. When we see the next report in July. I will be looking at the following.
1.What revenues are currently and if they give any past revenues numbers. Will they be required to show us that since it wasn't a publicly traded company until this last quarter. It will be informative to know where they've been and where they grew to, along with seeing if there are any net profits(not likely).
2. What were the terms of the acquisition of IO. Details of the extra 2.7b of O/S. Will there be more dilution on the next report?
3. If they disclose any stock ownership from the insiders. The ultimate would be nice to see if they purchased any shares with their own money. Big Board stocks require disclosure of buys and sells. Penny stocks do not. I would like to see good faith of UBQU insiders disclosing that even if they are not required to do so.

If there is no actual dollars coming our of insiders pockets for their own stock and/or company. Leading one to believe that it is only about what money that can be taken out through selling stock and salaries verses investing their own money in a company they believe in. If they believed investing would give themselves a large return and improved the company, they would do it in a heart beat like other confident insiders for other legitimate companies.

I will be scrutinizing all the above. I believe Kevin and JB know what it takes to increase the stock price. Will they be able to? Or are they not capable or willing to do it?