Long weekends are so long when we are still waitin
Post# of 6857
November 2020 this company announced plans for a reverse merger with an OTC shell. The deal as stated was completed in December 2020 and in January 2021 they started as a new company. From the words of the CEO, they could have had an IPO, but he wanted the little guy to have an opportunity at making money as opposed to Hedge funds and accredited investors. This garnered a huge following and the stock soared in January and February.
The company as an OTC planned regular shareholders zoom meetings where ALL could listen and see the companies timeline and plans for the year. Over the course of the year it was like clockwork, thing accomplished and PRs left and right and shareholders conferences almost monthly. Acquisitions were made partnerships were made all with massive PR and a shareholder conference to talk about the details after. Total transparency in the OTC. This company made it known that they planned to uplist at some time to a bigger market like Nasdaq, and they were acting like it. September 2021 a shareholders conference in person in a large city was held where shareholders and the management met and had fun with each other and a conference mapped out the same roadmap and how things were going and things to expect. November they announce applying to uplist on OTCQB as a jump off to eventually ending up on Nasdaq. OTC was understaffed but eventually PR announced they uplisted this past week.
What this shows is how transparency is the way to keep shareholders engaged. The stock is being shorted now, but I have the utmost confidence in this companies future since I know every aspect of the business and how they got there and where they are going. As a shareholder in any company this is vital. They are in a competitive arena but they navigated not divulging secret acquisitions etc and products but still kept shareholders informed.
Univec in contrast is a ghost to me. I have most of my investment in it based on hoping and dreaming and believing in one person who fails to see the value of his shareholders.
How will Univec fair in the long run? For someone who is already wealthy, what is big to them? What is generation wealth to someone who is already wealthy? Have we set our expectations to high?
Looking forward I hope UNVC becomes even 25% as transparent as the other company I talked about. Shareholders deserve more than dreaming and being told to believe. Companies that value shareholders, they just execute and talk to their base.