$UBID Solid Due Diligence 》》 OTCQB Share Str
Post# of 379
OTCQB
Share Structure
441m OS
388m Restricted
47m Float
Updated on OTCMARKETS
ASSETS over $10,000,000 Audited
Revenues over $15,000,000
2 Acquisitions after the Triangular Merger in February 2019
SkyAuction generated revenues of $4,341,000 for the year-ended December 31, 2019, unaudited.
https://www.otcmarkets.com/stock/UBID/news/uB...?id=254098
Restaurant.com generated $10.6 million in revenue last year. However, in 2011, the company generated $63 million in revenue, according to a lawsuit against the Chessicks that was filed last November in Delaware, where Restaurant.com was incorporated.
https://www.otcmarkets.com/stock/UBID/news/uB...?id=255529
https://backend.otcmarkets.com/otcapi/company...23/content
S1 was filed in 2019, scared investors away. The plan is not to dilute the stock. The intent is to grow company through acquisition and up list to the nation exchange. Eventually they will reverse split with a ratio between 1:10 and1:30 very small.
Future Undertakings
We intend to undertake a reverse split within the range of 1:10 to 1:30 to allow us to meet listing standards of a national stock exchange and to pursue a number of potential acquisitions. There are no assurances that this action will be approved by our shareholders, that our registration statement will be declared effective by the SEC or that our common stock will be approved for trading on a national stock exchange.
These guys have a wallstreet Investment Banker in MAXIM GROUP LLC, not your typical banker in the OTC and also Weinberg and Company as the Auditor.
Also, Kevin Harrington is on the Board of Directors, former Shark, from The Shark Tank.
Shares to Begin Trading Today Under the New Stock Ticker Symbol “UBID”
Appoints Kevin Harrington to Board of Directors
Engages with Maxim Group for Investment Banking Services
https://www.otcmarkets.com/stock/UBID/news/In...?id=218369
4 Websites
http://www.ubid.com/
https://mobile.restaurant.com/?mobilestop=tru...p_mobi=yes
http://www.skyauction.com/
http://www.restaurant.com/