Replies to post #9329 on Ubiquitech Software Corp (UBQU)

[Kilo82]

Brother I have no need to be unrealistic, do you have a way to forecast the future of UBQU?

[I'AM]

Everything possible, witnessed it happens in penny land!
Welcome to MJ world :)

$UBQU$

[BeamMeUpScotty]

In coming years is what he said that he sees the share price rising to Dollars.

I agree

:) :) :)

UBQU

[happykat]

He's not being unrealistic at all. According to this article, http://www.cannabisfn.com/cannabis-valuations-are-lofty-now-but-could-be-cheap-long-term/, most MJ stocks trade at an average of 35x sales because it's a high growth sector. UBQU made almost a million dollars last quarter, so if they remain flat (which they won't), $4M annual revs x 35 sales = 140M divided by 100 million o/s = $1.40. UBQU is a real company with real products, and they expect revs to triple this coming year. They are also profitable, thus won't have a need to dilute shares.

Last year, this article valued UBQU at .34 on less revs, so there's nothing unrealistic about understanding that UBQU is nowhere near fair value. Can it realistically get to dollars? You bet! :-)
http://www.investinmj.com/media/com_acymailing/upload/imj_special_report_on_hemplife_today.pdf