RE:Fraud AlertUPI is not a "Scam" business. Do your homework please. The underlying operating company, VCI Controls, has been in the building automation business for 30+ years. They have contracts with government, large and medium sized companies, and with the military. Revenues have ranged between $8-15 million over the past several years with varying profitability. All of this is on SEDAR, with audited financials. The new management are essentially trying to modernize and transform what has been a fragmented, old school business, ripe for disruption and automation etc.
If you want to look at a scam - look no further than GFI. And ask yourself why TD Asset would have lent them $125 million via a 3% debenture when HY bonds were 6%? Where are those debemtures now????