One BIG reason I remain optimistic is that 300+ million shares are held by Cede and Co. for UNDISCLOSED BENEFICIARIES according to filings. That could mean ANYTHING. Could be private funding for UATG. Could be a buyback. Could be getting acquired. Remember that UATG has an IP capital of MINIMUM 35 million $. However their market cap is only 1 million $. So it is possible CEO a) struck a deal with private capital to restructure the company for uplist, b) leveraged the company’s capital for the buyback. Cede held 66% of OS for the undisclosed beneficiaries at the time of the last filing which was BEFORE all this dilution. If most of this dilution was bought up Cede could hold 80+% of the OS. If we see a share reduction by that amount, and follow it with news which corrects this to being valued at 2-3x IP assets, we would be at 150 million OS and a ~70+ million $ valuation, which easily fulfills the CEO’s stated ambition to reach QX by the end of this year. This buyback would have been well achievable with roughly 1-2 million $, which is EXACTLY what CEO gave as an estimate 2 years ago. It’s possible folks. And remember that investor relations and CEO have been promising a “master plan” for a while now.
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