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80 bluchip 20 pot

08/12/22 10:02 AM

#71924 RE: Chip79 #71921

that last fin was confusing to be sure.
2 fins before we diluted about 2B, and about 100,000 was forgiven
recent fin, we diluted 3B and debt in "going concern" remained 1.6M "interest paid" was in the fin 576,000

so either
1- input errors with lawyer cheung in the filing. we'vehad errors before. but I give this a low possibility
2- baloon payments on additional interest.

honestly, I am unsure, that's why yesterday I did give support for a bear case that they've reached critical mass on baloon payments and interest.
even today's action is weird. we're still "dumping" yet not going to a hard nobid lockdown. not sure it's all about UBQU's debt problems either

let's just say....the big wall street money is taking a serious beating int he memes now. some of this could honestly be emotional trading with the market makers, laundering naked shorts, OR just panic selling by wall street which I am positive hold a LOT MORE shares of UBQU than retail. I don't think apes are stepping in and buying 180M ones at the open.

in the end, penny stocks are an experts' game. there's a chance we are a zombie in the cellarbox and without investor sentiment to cause fomo pushback like a major meme stock, this play does fail.
I do think because this refuses tor whatever reason to NOT go to hard nobid, I think one day the bid rises again. it will then be up to us retailers holding less than 200M (and admittedly my position is not that huge any more) if we want to get off the roller coaster or continue to question the weird moves that continue to go on that have NOTHING to do with recent PR campaigns or fundamentals.