OMG!...yeah I remember. he had 100M shares, and as we dropped from 0.0292 to trips.....the posts on this forum was that craig rage quit. Later, I would theorize that craig might have quit because he either opposed the Convertible debt decision (which cellarboxed thousands of penny stocks and some not so penny stocks (toys r us, blockbuster, sears) or he wanted to sell before we got to nobid.
Fascinating. so Craig quit. so did that other guy I forget his name ....and hints the other guy was behind the scenes.
now craig is back in?
that further stokes me. people who rage quit especially petty criminal bands don't say oh yeah lets get back in.
I think what happened is:
1. ballas said let's do convertibles. some said NOOO
2. convertible debt effed UBQU in the A (and the USA to be honest)
3. everybody quit ballas. ballas had to hire that baker guy and new players, etc. they also quit cuz we're in the greatest recession ever known and UBQU looks like a dead cat.
4. GPL lawsuits start ot unwind. Ballas gets to be CEO of a ton of these POS penny stocks. is ballas winning suits wiht GPL or working with them? dunno don't care it's the Ballas-sphere now.
5. then Ballas old exec officer comes back secretly
6. the most important one....Ballas KEEPS FILING to stay PINK on IMTL and UBQU as they sell a product, debt and fundies be darned.
7. now craig is back.
craig must not be so upset at ballas any more, if at all. Maybe Craig senses that a ...Mother of all short squeezes is coming in many many many illegally shorted tickers, and since the "financial revolution" of 2021, it's been 2 years of understanding HOW wall street did said manipulation. I'm sure there are folks out there with much more knowledge and skill than I to save their companies now they know how their companies have been manipulated.
as I write this, movie stonk continues now to dip in the first hour, then keep raising up....as I mentioend, it's gone from burning 100M a quarter to probably being profitable from 100M-500M a quarter. only folks in a short poisiton now HAVE to manipulate the price down to survive.
and our UBQU algo might drop some 000001s, but it isn't slamming us down and locking us there ....in other words, we're seeing the similar algo love.
Craig might be coming back to write "truthful" PRs that might trip kenny's algos better, or since "vitello capital" implies its a hedge fund...maybe Mr. Fischer will bring knowledge on how to fix the stock structure. He'll definitely do what the PR promises "advise improvement on fundamentals" of which my guesses prior are a subset of "advising improvements on fundamentals"
still waiting to see what this company IMTL is acquiring....
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