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Microcap & Penny Stocks : Cubix Investments - QBX on the CDNX

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To: keith massey who wrote ()1/7/2000 1:27:00 AM
From: keith massey   of 135
 
I have been following QBX for a little while now and based on my due diligence efforts I believe the company may experience some price appreciation in the short term. I am a private investor who is not compensated by the company in any way, however I am currently a shareholder and have made several first time purchases QBX in the mid-.80's during the past couple of weeks.

Cubix Investments trades under the symbol QBX trades on the CDNX exchange.

On Nov 10, 1999 RIS on the CDNX did a corporate restructuring which resulted in two new companies, CUBIX INVESTMENTS (QBX) and ULTRA HOLDINGS INC (UPH). On Nov 10, 1999 Shareholders of RIS received 1 shares of QBX and .25 shares of UPH for each share they held of RIS. As part of the restructuring UPH received 11,726,245 shares of Ultra Petroleum Corp (UP on the TSE) and $300,000 in cash which were part of RIS assets. QBX was left with the remaining assets of RIS.

The management of QBX has stated in several recent news releases that they are presently seeking innovative investment opportunities in the internet/technology sector and possibly resource sectors that which will add to the equity value for its shareholders. In the past 6 months they have been very successful with their first couple of technology investments in UBRT (Ubrandit.com), CLP (Capital Charter), and ONT (On2.com) and have gain over $8 million dollars net in cash and paper profits as a result of these investments. After the recently announced financing of $1.75 million they will have approximately $28.3 million in cash to invest.

Best Regards
KEITH
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