Replies to post #77224 on Ubiquitech Software Corp (UBQU)

[Chip79]

Great points Campe!

It would be too easy for them to provide the details, but they never do.

[Scratchgolf]

First of all, they have only proven to be a $2.5 company.

After seeing their first fins, we can see that the insiders have made no efforts to increase shareholder value. They raised the O/S and raided the tills with expenses.
They tried to fool us with a retirement of debt, but we know that wasn't out of the goodness of their hearts or using their own capital.

If insiders took nothing out of the tills with salaries or using expenses to line their pocket. And used their own money to buy buy shares, I would believe the company has the shareholder's backs. But it is a walletectomy. How much they can put in their own pockets while trying to grow a legitimate company with IO.

I do believe Kevin is trying to build a real business.