Replies to post #73213 on Ubiquitech Software Corp (UBQU)

[Chip79]

So you don't think A2G has converted any of the 9 billion shares that they were issued for "debt conversion"?

Seems like double dipping, They loan $793k, UBQU gives them $900k (minimum) worth of stock for the loan, yet the full debt remains on the books.
If the loan was not being reduced by through the issuance of the shares, why issue them at all.
I am not trying to be difficult, just trying to understand.