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Urbanimmersive Inc V.UI

Alternate Symbol(s):  UBMRF

Urbanimmersive Inc. is a Canada-based company, which develops and markets real estate photography technologies and services. The Company is engaged in developing and commercializing immersive, which is a software as a service (SaaS) platform offering immersive marketing solutions, three-dimensional (3D) photographic equipment and photography services to professional photographers. Its segments include Software, Photographic Equipment and Services. The Software segment offers a SaaS marketing platform to professional photographers and other immersive visual content providers. The Photographic Equipment segment offers a resale service of 3D photographic equipment. The Service segment offers real estate photography and floor plans and measurement services. Its products and services include Print, Visual Media, Property Website, Floor Plan + and 3D Tour & Floor Plan. Through its HomeVisit printing facilities, it provides print solutions for real estate agents.


TSXV:UI - Post by User

Post by Torontojayon May 26, 2023 3:19pm
208 Views
Post# 35466309

To Redcoats/Kaykay

To Redcoats/Kaykay

Sometimes it pays to listen to an alternative viewpoint even if it makes you uncomfortable. You might learn something from someone else. Also, I had no intention on owning shares in the company but it doesn't mean I'm forbidden from posting. 

To reiterate my position on where the company is going. I think there is a HUGE risk that the company goes bankrupt in the future. The latest financials are absolutely horrendous and things keep getting worse. They made bad acquisition after another at precisely the wrong time in the cycle. They took on huge debt which keeps getting bigger while the cash positions keeps shrinking. Btw, 30 year fixed mortgages are going higher. If I recall, some guy on this forum warned you this was going to happen. 

If you allow yourself to have an open view, you might just be able to make better choices in the future. 

Please feel free to challenge me on this. I don't mind a healthy debate and it takes a buyer and a seller to make a market. 

 

 

 

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