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Threeflight

12/16/21 9:05 PM

#17511 RE: TechnicalAnalyst1984 #17510

As I said I normally agree. However look at the market cap and the lack of dilution. Its competitors on the NASDAQ have valuations 10-1000 x higher. And UNQL does better earnings than most of those.

Plus the Company just put a cap on all dilution...you have another merger about to take place that will bring in another $400 M in revs and at least $10 M in net income...and it is about to go NASDAQ.

All for a $10 M market cap more or less. I mean I am aware of the worst shells of shells on the pinks that have higher MC's.


In most other circumstances I would agree with you. BUT....this company is NOT doing a RS to remain on the OTC and to dilute again. Quite the opposite. It is doing a RS to get OFF of the OTC and to NOT dilute.

Enjoy your adult beverages and your family tonight. :)
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StockDetective

12/16/21 9:19 PM

#17512 RE: TechnicalAnalyst1984 #17510

First, I am not going to dispute the fact that Malbec from Argentina is good :)

Second, ya don’t seem to understand the entire situation here. Yes, R/S is bad news. I would normally agree 100%. However, this play could show some returns IMO. They updated their website to reflect the 39 offices worldwide last week, since the upcoming merger is basically a done deal. The supply chain issue is huge bruh. Look it up. They’re making some serious cheese… Like most shipping companies are right now. Massive infrastructure bill recently passed, which means even more demand soon. Just how much revenue will the Asia Pacific merger bring in? Not to mention the institutional investors from EF Hutton.

No dilution and from my understanding 90 days of no dumping from 3a & Trillium aka institutional investors (LMAO).

This can definitely see a nice bump next few months. Look at WKSP… Climbed a bit right off the bat… Just saying.

Go have some more wine bruh! Enjoy!

GLTA