I do not doubt that shares changed hands but I suspect it was a left hand to right hand exchange v. a them to us legit purchase.
They simply did not have the cash...PERIOD.
Their MRQ cash was $18,000 which is far short of the cash needed for even the best deal on shares that I can imagine.
There simply isn't any way this isn't just "slight of hand" repurchasing... And I think most everyone agrees...hence the MINUS 25% today on UBRG stock... In fact... The stock never even saw a glimpse of green today.
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