Replies to post #26973 on Unique Logistics International Inc (UNQL)

[LJ-Bodhi]

Fact: UNQL has dropped from 38 cents to a penny in 18 months.

Fact: UNQL did not "make" over a billion last year. The total amount of "revenue" generated from operations was a billion while the total amount of costs were also a billion. The company LOST $1 million last year when it comes to "profit/loss."

Fact: a $40k investment in UNQL will absolutely NOT make anyone millions of dollars.

Fact: there is no pending merger. The word in English is merger. There is no pending merger. There is a "plan" to raise $41m to buy Asian offices for $22m. That "plan" is currently dead.

Yes, do your own DD on UNQL. A middleman company operating on 1% margins that lost money 2 of the last 3 years.

[LJ-Bodhi]

Hi Jaguar,

I would like some more information about UNQL and you seem like a great source. When you say UNQL "made" a billion dollars last year, can you please show me that on the 10K annual report. I see they had about a billion dollars in "revenues" and right underneath that, they disclosed about a billion dollars in costs as well. When I look at the Net Income for the entire fiscal year, it shows only $3.5 million dollars. But then underneath that, the company took a $4.5 million charge for giving preferred shares to some special inside investors, so the company reported a Net $1 million loss on the whole year as the bottom line. I'm new to this stuff, so can you please help me understand how the company "made" a billion dollars.

Also, have you read the wise tweets from this guy Randy Rennon on Twitter? He seems very knowledgeable also. He says all the selling today is just a few, very small number of shares bringing the price down. But when I look at Level 2 for the trading action today on UNQL, I see a green "buy" column and a red "sell" column. That sell column as I write this has over a million shares traded today at a loss in that red sell column. There are very few "buy" trades in the green column of the total 1.3m volume today. Since you know about this stuff, I thought I would ask you if you think this Randy person on Twitter actually knows what he's talking about with UNQL? My eyes tell me one thing when I read the Level 2 trading activity, but this Randy seems to be saying the exact opposite of what the chart says. Do you think he might be lying to folks? I've heard Twitter can be a dangerous place for fake news and stuff so I thought I'd ask someone knowledgeable about UNQL like you. Thanks Jag!