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Ubiquiti Inc UI

Ubiquiti Inc. is engaged in developing technology platforms for distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use. Its solutions are categorized into three categories: networking technology for enterprises, service providers and consumers. It targets the enterprise and service provider markets through its community of service providers, distributors, webstores and systems integrators. Its enterprise product platforms provide wireless LAN infrastructure, video surveillance products and routing solutions. It offers a portfolio of networking products and solutions for operator-owners of wireless internet services, enterprises and smart homes. Its professional networking products are powered by its UISP and UniFi software platforms. It sells equipment, and provide related software platforms, worldwide through a network of over 100 distributors, on-line retailers and direct to customers through its webstores.


NYSE:UI - Post by User

Bullboard Posts
Comment by Wever1974on Aug 03, 2017 11:22am
150 Views
Post# 26543000

RE:What's going on here? News

RE:What's going on here? News  This is by far in the best interest of shareholders 
or the company. It is to reward insiders and management
 .The private placement in 2015 was at .26 and warrants
were at .40. Normally warrants would expire worthless,
as they should . In this particular case management 
(CEO) is discounting the warrants to .0625  creating 
further dilution when funds are not needed . Basically
the same applies to all the private placements listed.
 It's absurd ! The private placement in march of this year
is included ???? Inks not dry yet !  Placement was at .10
warrants at.20 now at .0625???   Major dilution 
approx another 50,000,000 at historically low price .
  For what purpose. ?? Let them expire as should be.
 That is the risk reward set up upon participating in placements ,
but in this case CEO has the opinion it is in the company's 
best interest ?  I would suggest it is self serving at a minimum 
and in the interest of the participants in the raise . 
Extremly dilutive !!!! at the enrichment of ??? At historically
low prices . 
   
  
Bullboard Posts