Ubiquitech Software Corp (PK) (UBQU) Quote

Well Kevin is going to need to hire some type of financial consultant to help him maneuver around getting this outstanding share count down. I highly doubt that Ballas is just going to hand over majority control of the shares without a cost.

We just need ballas out of the picture altogether or $UBQU doesn't have a snowball's chance in hell out of getting out of this cellar boxed environment

I'm betting on Kevin is not wanting to pissoff his shareholders. He knows to be successful, you need happy shareholders.

People just aren't asking the right questions. And when they do, the answers never come. I do believe that Lamb is not going to be anything like Ballas from the standpoint of intentionally manipulating and lying...ultimately destroying shareholder value.

I am concerned however over the fact that, to date, Ballas has been the one on Twitter saying that a RS is not happening... But now that he's passing the torch over to "CEO" Lamb, that rhetoric can instantaneously change in the name of decreasing our OS and generating trade volume on the shares

Let's hope that isn't the case because EVERYONE will lose their entire investment just when we thought we may be lucky enough to be in on the ground floor...

We wait and see. We should have the answers soon.

I have no doubt in my mind that Kevin Lamb has a proven track record of success.

What we all need to be asking ourselves right now is why (specifically) Jeff Ballas is "installing" Lamb as the new CEO of the parent company itself.

Why wouldn't Ballas remain CEO of a holding company that finally has it's very FIRST profitable company under it's control?

Why did Lamb consciously choose to reverse merge into this defunct shell with such an elevated share structure?

Of what benefit is this to be publicly traded if the shares are "cellar boxed"? (Look up the term if you aren't aware of what it means).

Both Ballas and Lamb has stated publicly that there will not be a reverse stock split nor will the company be performing any type of a share buyback. They feel that any excess revenues should be reinvested back into the company for corporate growth - and - I agree.

But clearly, we need transparency on what impact to shareholders (from a share dilutive perspective) James Ballas's decision to step down as CEO is going to have.

What did Lamb receive from Ballas on the initial reverse merger?

What is Ballas receiving from Lamb now that he's handing over the torch?

Something smells rotten....

I believe we will see great things happening. Imo.

Ballas is in control of $UBQU (the stock/share structure).

Ballas has zero to do with Innovative Outcomes from any "purported" marketing standpoint, although that was CEO Lamb's "statement" of reason for reverse merging into this dead ticker's shell - to utilize the "marketing expertise" of Ubiquitech. If they had any marketing expertise, then they wouldn't have ran CannaZAll into the ground diluting/ruining shareholders along with it.

Ballas is merely handing over the torch to Lamb but behind the scenes there has to be a benefit to him in doing this. If it is his intentions to make $UBQU a "parent holding company" of profitable revenue and earnings producing subdivisions, then why doesn't he just do that instead of playing musical chairs with the title of who's the present CEO?

I agree and they keep saying they will release details but never do. This is standard tactics from JB.

Kevin Lamb will be "installed" as the new CEO of Ubiquitech Software. Installed by James Ballas ofcourse. Even though it was one of Ballas"s top priorities in 2022 - 2023 to have the name & ticker symbol changed, apparently that is no longer happening.

I guess the real question is "what method specifically, did James Ballas use to acquire Innovative Outcomes? Cash? Share issuances? A promissory note? "

Innovative Outcomes didn't just hand its business over to Ballas simply to be made public within the shell of a heavily bloated share structure.

None of this makes any sense

w0w CE0 Kevin Lamb T0P 10 Healthcare innovators🟩F0rbes 0n DECK Huzzah! 0h B0Y $UBQU
$UBQU pic.twitter.com/gNgqoDauU6— Corporate $UBQU (@CorporateUbqu) June 17, 2024

w0w NO R/S+MERGER AQUISITION 🟩ohBoy onDECKYowza!
Hello. The company has no plans for a reverse split and looks forward to solid growth with Innovative Outcomes, Inc.— Corporate $UBQU (@CorporateUbqu) March 6, 2024

$UBQU Innovative outcomes already doing 5M🟩 inRevenue Annually and growing, with facilities already in place to help make it happen. Just watch what we do!
$UBQU Innovative outcomes (OTC:UBQU) is an established company that's already doing 5M in revenue annually and growing, with facilities already in place to help make it happen. Just watch what we do! https://t.co/RU6f61UcnL— Corporate $UBQU (@CorporateUbqu) March 13, 2024
YEP HUZZAH! on DECK oh GIRL

Huzzah! ✅ $UBQU eliminates $2,000,000 of total debt in the last 12 months🔥


https://www.otcmarkets.com/stock/UBQU/news/EQS-News-Ubiquitech-Software-Corp-OTCUBQU-Successfully-Eliminates-Additional-Convertible-Debt-Bringing-Recent-Total-Elim?id=444198

"dissolved" and apparently the company was never sold

Yeah, i read the PR. CZ failed but what happened to the assets?

CannaZall no longer exists. It was a botched and failed CBD company and there's way too many of those out there right now in the space. Everyone and their mother is selling CBD.

That ship has sailed for Ballas. There's nothing left of the company whatsoever outside of a dying ticker symbol with an overblooded share structure.

Lamb states that he decided to reverse merge with $UBQU.due to "their" ability to market. Seriously? What has Ballas ever been successful in marketing?

Anyway, it's all in the filings and in the very first press releases issued by Ballas concerning Innovative Outcomes

We are heading in the right direction. I'm not sure what JB role is going to be, but bringing in Kevin with his company was a very smart move. We will get there. We had some disgruntle shareholders get out that would have slowed the run down. I feel a run is coming. Imo

My take is JB gets to walk away with Cannazal, it's inventory, it's website, and the proprietary formulations he bragged about in year's past.

Those who were ordering where receiving their product in a timely manner, telling me some sort of inventory existed. And yet, it all just vanished in a filing.

He gets that and Lamb gets the ticker and all the disgruntled shareholders...

Just my tin hat theory...

Yeah my posts are also posting in duplicate or triplicate for some reason. But I'm using the mobile app and it has all kinds of glitches. I wish the mobile app was more functional and you could edit or delete posts. One day Ihub willl get with the program

As far as $UBQU is concerned, CEO Lamb is going to have to strike some type of non-share dilutive deal with Balas in order for him to hand over the reins without further destroying shareholder value

It really is disenchanting that we had a fairly nice .0001 bid that was completely obliterated but my thoughts are that someone got out at less of a loss and at least they were able to recover some money to get into something else.

The share structure is simply too bloated and until Ballas is completely removed from the equation altogether, I just don't think we're ever going to trade through the .0002s

It really is disenchanting that we had a fairly nice .0001 bid that was completely obliterated but my thoughts are that someone got out at less of a loss and at least they were able to recover some money to get into something else.

The share structure is simply too bloated and until Ballas is completely removed from the equation altogether, I just don't think we're ever going to trade through the .0002s

No clue why it keeps double posting everything, sorry

Yeah it's in title only and jb is still calling the shots with his majority shares then nothing has changed. He needs to relinquish controll for this to do anything. It also even furthers giving himself an out and putting all the blame on Kevin. Great step if it's done right though.

A company like IO doesn't just take over the ticker symbol of a dead and defunct empty shell from a CEO who controls the majority of the shares, without paying a price.

The devil is always in the details.

Ballas isnt just going to quit being CEO of $UBQU and "walk away" with his tail between his legs without there being some type of share issuance or monetary exchange of some type

Maybe JB goes to president. We will have to wait and see

So to me, this would imply (and I would expect) that Ballas is transferring the Preferred Shares to Lamb. The preferred shares provide a majority vote regardless of number on O/S issued.

We shall see.... anyone else see this differently?

$UBQU The company is working on filings this week to complete an important part of the integration of Innovative Outcomes, which is installing Kevin Lamb as CEO of UBQU. With decades of experience, Kevin is uniquely qualified to lead the company in the medical healthcare sector.— Corporate $UBQU (@CorporateUbqu) July 29, 2024

I’m officially UBQU stock free after many years of loosing money and frozen money due to stock being at no bid, I have lost big chunk of money on this stock but now is time for me to take what I had left and use that money to make money, BallAss you are a fucking crook I hope one day you will end up in prison! Fuck you BallAss! Even tho I have lost thousands I’m still happy that I finally got out of this garbage and can move this money somewhere else, time for me to remove this board and blender look back! GLTA.

Keep charging that ask wall someone is putting up!! It will break

w0w CE0 Kevin Lamb T0P 10 Healthcare innovators🟩F0rbes 0n DECK Huzzah! 0h B0Y $UBQU
$UBQU pic.twitter.com/gNgqoDauU6— Corporate $UBQU (@CorporateUbqu) June 17, 2024

w0w NO R/S+MERGER AQUISITION 🟩ohBoy onDECKYowza!
Hello. The company has no plans for a reverse split and looks forward to solid growth with Innovative Outcomes, Inc.— Corporate $UBQU (@CorporateUbqu) March 6, 2024

$UBQU Innovative outcomes already doing 5M🟩 inRevenue Annually and growing, with facilities already in place to help make it happen. Just watch what we do!
$UBQU Innovative outcomes (OTC:UBQU) is an established company that's already doing 5M in revenue annually and growing, with facilities already in place to help make it happen. Just watch what we do! https://t.co/RU6f61UcnL— Corporate $UBQU (@CorporateUbqu) March 13, 2024
YEP HUZZAH! on DECK oh GIRL

Huzzah! ✅ $UBQU eliminates $2,000,000 of total debt in the last 12 months🔥


https://www.otcmarkets.com/stock/UBQU/news/EQS-News-Ubiquitech-Software-Corp-OTCUBQU-Successfully-Eliminates-Additional-Convertible-Debt-Bringing-Recent-Total-Elim?id=444198

Just read this. This was an excellent post.

https://mdmwoundventures.com ✅DoublePrintsHuzzah

w0w CE0 Kevin Lamb T0P 10 Healthcare innovators🟩F0rbes 0n DECK Huzzah! 0h B0Y $UBQU
$UBQU pic.twitter.com/gNgqoDauU6— Corporate $UBQU (@CorporateUbqu) June 17, 2024

w0w NO R/S+MERGER AQUISITION 🟩ohBoy onDECKYowza!
Hello. The company has no plans for a reverse split and looks forward to solid growth with Innovative Outcomes, Inc.— Corporate $UBQU (@CorporateUbqu) March 6, 2024

$UBQU Innovative outcomes already doing 5M🟩 inRevenue Annually and growing, with facilities already in place to help make it happen. Just watch what we do!
$UBQU Innovative outcomes (OTC:UBQU) is an established company that's already doing 5M in revenue annually and growing, with facilities already in place to help make it happen. Just watch what we do! https://t.co/RU6f61UcnL— Corporate $UBQU (@CorporateUbqu) March 13, 2024
YEP HUZZAH! on DECK oh GIRL

Huzzah! ✅ $UBQU eliminates $2,000,000 of total debt in the last 12 months🔥


https://www.otcmarkets.com/stock/UBQU/news/EQS-News-Ubiquitech-Software-Corp-OTCUBQU-Successfully-Eliminates-Additional-Convertible-Debt-Bringing-Recent-Total-Elim?id=444198

w0w CE0 Kevin Lamb T0P 10 Healthcare innovators🟩F0rbes 0n DECK Huzzah! 0h B0Y $UBQU
$UBQU pic.twitter.com/gNgqoDauU6— Corporate $UBQU (@CorporateUbqu) June 17, 2024

w0w NO R/S+MERGER AQUISITION 🟩ohBoy onDECKYowza!
Hello. The company has no plans for a reverse split and looks forward to solid growth with Innovative Outcomes, Inc.— Corporate $UBQU (@CorporateUbqu) March 6, 2024

$UBQU Innovative outcomes already doing 5M🟩 inRevenue Annually and growing, with facilities already in place to help make it happen. Just watch what we do!
$UBQU Innovative outcomes (OTC:UBQU) is an established company that's already doing 5M in revenue annually and growing, with facilities already in place to help make it happen. Just watch what we do! https://t.co/RU6f61UcnL— Corporate $UBQU (@CorporateUbqu) March 13, 2024
YEP HUZZAH! on DECK oh GIRL

No how can he step aside when he owns the majority of the stock and he is in charge of marketing for Innovative Outcomes?

He still controls the majority. He said he was stepping aside in the beginning but it clearly isn't the case.

I thought Ball ass was out?

It remains patently clear that on the $UBQU Twitter page, that CEO Lamb is posting the posts about wound care and CEO Jeff Ballas is posting everything related to the stock, meanwhile he's probably cashing out a few thousand dollars here and there by hitting the bid or parking on the offer.

Goop
That may be ss cause we match that penny for penny

To be fair. Companies show payroll taxes on the P&L. I am not so worried about that.

My concerns are expenses that I didn't even mention like Advertising and marketing. Did they make 2 phone calls and pay themselves? We don't know anything.

I'll add this. Reagan expression was to "Trust but verify". But we only get to trust without any verification.
As I've reported before. I will only layoff of the criticism until we have a bid again.

I see a payroll tax deduction for $22,334. Thats 7.9715% of the $280,176 salaries deduction. When I get a paycheck, I am the one paying the tax, not the company. And 7.9715% tax rate is very unusual to say the least. Kinda makes me very skeptical of the whole disclosure, given ballass’s track record. I smell a RAT!

GLTA
POOPSTAIN

$UBQU As mentioned yesterday the company is currently involved in many tasks to complete the integration of Innovative Outcomes into UBQU. We have a lot to do during August but believe shareholders will be happy with the plan and structure being implemented to move us forward.
Here is my take of the shareholder's current situation: There seems to be no doubt that IO is a real company with real revenues and trying to grow those revenues.
Where the shareholders struggle or rather yet, where the market struggles is the bloated financial structure (O/S) and the expenses to income ratio.
There are only 2 main ways the insiders can make money. Through selling stock or revenues from the company.
There is only 1 way that shareholders can make money. Buying stock and selling at a higher price.
So here is the conflict of interests that needs to be addressed by the company due to their horrendous track record.

The company can make money by selling stock that were issued to them without spending any of their own money to buy shares. So they literally can sell at .0001 and make money. Shareholders have to wait until at least .0002 to make any money which little to no volume have occurred at that price. Second, the company insiders can draw salaries and draw capital through quarterly expenses as seen below. Shareholders don't see a dime.

Advertising and marketing $17,850
Bank charges $2,641
Computer and internet $2,642
Consulting $5,000
Depreciation $1,670
Insurance $15,850
Office supplies $8,480
Postage and delivery $1,167
Professional fees $22,500
Rent $82,971
Salaries $280,176
Payroll taxes $22,334
Telephone $6,179
Utilities $11,521

I won't deny that some of the expenses above are legit, but you could question everyone of them to see how much commingling with insider's expenses that are occurring. There are nearly $500,000 for the quarter. What are the professional fees? Who gets the salaries? Who gets the rent from the building and is there an insider who owns it? (Just to name a few unanswered questions).
Bottom line. If the insiders have so much confidence in the future. Why take any salaries or any compensation in the form of an expense?
They should take stock options only to make it a truer even playing field. But then again, why would they do that when they can have their cake and eat it too? If they lowered the O/S and took no compensation until profitability, the stock would skyrocket.