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Lol. You'r a lot more optimistic than I.
I’ll laugh for months to come at how dumb y’all were. Nice one.
Alex waiting on the legal opinion to be filed for Current. Maybe they aren’t going to sign off after LOSING A $5MIL COURT CASE lolol this might be the end, for real!
not even capable of being current, how incompetent after 14 years
That's a tall ask from Alex, but would be a good start. First thing he needs to get the company current... Again
I wonder how many calls and emails he has to answer today, that must be his main task in his days and weeks, he must feel important
What delusion. Alex is playing you. Again. Again again.
If they are running net30 which I believe he said were the terms
I think we see closer to the 180 number
it was the year of big income hahahaha liar
we understand why he no longer wants to answer questions.....
Yield sign now. Should be a warning to people but they'll still praise Alex as the next Bezos. I hope they took out a second mortgage to buy more hahahahaha
They were never going to happen. Kind of like getting an update from Alex I guess. Ha
it looks like we're going back into silence to better return with round #3 for this scam
YIELD SIGN! LOL what a clown show! Alex can't do the simplest things to avoid being a scam hahahahah
Along with the $50mil in contracts? LOL the old deferred revenue that doesn’t exist. No wonder those audits never happened.
It would still be an account receivable on the filling though if he actually has anything.
My guess is $45k since the trailer got pulled to wait on parts or whatever. Any revenue from the trailer at this point would help Alex begin to save face. I'd love to hear the opinions from those who talk to Alex in the regular. This would really gauge how truthful his steering is.
Even if the hypothetical machine is running, they wouldn’t haven’t received any payments. Terms are most likely Net60. But nobody here knows how actual businesses operate, so that wouldn’t make sense to yall lol
My guess is low end 180k and tops is 450k thats everything running 24/7 for the last 60 days and getting top dollar ($5 per bbl)
I would guess close to 180k
The personal attacks will be flying as soon as Alex fails for the 100th time lol. It’s going to be glorious.
Calling someone names is one thing, but and publicly disclosing their personal info, such as name and address, is NOT ALLOWED!
No personal attacks? Are you kidding? Two people having a disagreement isn't a personal attack. Neither is calling out someones lies.
Better have 2 to 3M.....but probably nothing because the guy is b.s
He said he was taking so long on things to make sure he captured the revenue a while back someone posted. What are the guesses for revenue...
Add 5 days delay
What was the Net income last year? Simple question. Can you answer it?
Buhahaha.. lol
I will keep a close watch on your posts and will call out if there are lies. Buhahahahaa You were having free run in this board, not anymore Dwaags. Buhahahahahahahaaaa
Oh that’s a guarantee. Maybe it’s back to the machine guns for WWIII? That’d be good for a pump to .02!
For sure. This clown behavior is even extreme by Alex standards. With the q due in the next few weeks and it looking like he is getting absolutely nothing done, at least he has to put something out. Embarrassing or not for him.
normally with a period of silence he comes back with new acquisitions and a new round of b.s for 3-4 years
What are we whining about today? I'm sure it isn't about the biggest joke of a CEO that you all love, right? How are those PRs coming? The uplist to OTCQB? Oh wait, that would require a measly penny price that he cant even sniff hahahahahaahaahahaha
Could you be any softer? I’ll tone it down, didn’t realize you were a minor. Woof.
There’s 4 others on this board you need to tag in that post. But you love to ignore their posts, huh?
Let’s just try and have different opinions about this stock without personal attacks.
Name calling is one thing but giving out peoples personal information is totally different.
I get personally attacked every week. Where’s my free speech, trumper? Yes, I know you Bob.
Absolutely NO PERSONAL ATTACKS allowed here.
He said in a video 2.5 months ago that PRs were coming out before the quarterly. How’s that going?
HAHAHAHAHAHA how stupid are you? He has the 2nd unit was in Colorado two months ago. So it’s still not completed after two months?! How efficient. Bahahahhaha you just keep making yourself look like a genius, huh little guy?
Totally Agree . . . "BUT DO NOT SPREAD BLATANT LIES.. ALEX NEVER SAID THE SECOND TRAILER IS COMPLETELY BUILT. SO D NOT SPREAD LIES. "
UATG was a crap for many years. Now they are in much better shape, that doesn't mean, we are now Apple (like Tyaz says..lol)
But Alex has come a long way. In recent time, only lies I believe he said is related Ossifix and Novi. I personally believe since Estrada is out, now UATG is in a lot better state. You don't have to believe my words, you are free to form any opinion.
BUT DO NOT SPREAD BLATANT LIES.. ALEX NEVER SAID THE SECOND TRAILER IS COMPLETELY BUILT. SO D NOT SPREAD LIES.
@Dwag, I will be here to keep you in check.
Admins, for the *** sake, take action at least when it is proved it is a lie.
When he's been lying for 14 years, what do you expect?
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One of their subsidiaries does Crude Oil Cleanup, and recently received (2) $15M contracts. (See News below)
Another of their subsidiaries has a unique bone grafting system that is currently live in Texas, and will soon expand to Florida (See News below)
Share Structure:
Authorized: 1,000,000,000
Outstanding: 1,000,000,000
Float: 924,000,000
Umbra Applied Technologies Group, Inc (OTC PINK:UATG), announced today that it has reached an agreement with a lending partner to support the growth of its subsidiary H2O Processing.
The private equity partner has provided the necessary strategic growth capital to support the production of its iron mitigation systems that remove metal ion from crude oil. Initial systems have entered production and are expected to be delivered to customer sites over the next several weeks.
The obligations of the debt financing will be paid from the proceeds of production. The timing of the first payment will allow for the units to be constructed, delivered, placed into operations, and generate cash flow before that first payment is due. Notably the Company will be able to fulfill the requirements from more traditional financing sources as a result of this financing.
H2O Processing went through underwriting with The Bancorp SBA program in May of this year which required minimum revenues totaling three months.
https://finance.yahoo.com/news/uat-group-receives-financing-iron-140000240.html
Umbra Applied Technologies Group, Inc's (OTC: UATG) subsidiary, H2O Processing, announced today that, it has received two separate letters of intent. Under the proposed funding agreements, the bank would provide a credit facility through the SBA 7(a) loan program. The credit facility is provided by an SBA National Preferred Lender, institutional banking services provider and one of the few bank-owned vehicle and fleet leasing groups in the nation.
H2O Processing Chief Executive Officer, Stan Abrams stated,” We are working within an expedited SBA process through a major bank. This shortens the processing time which allows for SBA funding to be issued within very short cycle.”
Each of the proposed lending facilities would provide $500,000 in initial working capital for a total of $1 million. The capital is to support the equipment delivery of the Company’s proprietary Iron Removal System and ancillary services under the previously announced contracts. Under SBA 7(a) loan program each loan could be increased to up to $5 million each.
Chairman of H2O Processing parent company, UAT Group, Alex Umbra commented, “Additional news on production scheduling for the build out of these units, delivering those units onsite, and revenue guidance from units will be forthcoming.”
https://finance.yahoo.com/news/uat-group-subsidiary-h2o-processing-123000680.html
Umbra Applied Technologies Group, Inc's (OTC: UATG) subsidiary, H2O Processing, announced today that, at the request of The Texas Railroad Commission (“TRC”), it has submitted a proposal to support a pilot program designed to treat and reduce wastewater currently being disposed of in salt water discharge wells. The objective of the TRC’s program is to not only reduce the amount of discharge water, but to address the amount of seismic activity in the Permian basin.
H2O has developed a proprietary process to significantly reduce the volume of water injected in to salt water discharge (SWD) wells. The process can: 1. Treat the water to a quality that can be used for agricultural use. 2. Treat high salinity water by separating the salt and reducing the remaining byproduct for disposal to approximately 10%. 3. The separated salt can be captured and marketed as a commodity.
The H2O proposal outlines the use of a 200 gallons per minute system (6,700 BBls/day) and includes a mechanical evaporation unit to treat water where the chlorides are above 60,000 ppm. H2O believes this system will properly demonstrate the viability of the process. Once this pilot project is completed then, H2O can work with the TRC for larger systems to be deployed to treat larger volumes of water in various areas identified by the TRC.
The systems are portable and can be used in different locations in order to prove the ability to treat different waters from different locations and wells.
H2O Processing Chief Executive Officer, Stan Abrams stated,” We are very excited to team up with and support the efforts of the Texas Railroad Commission. My team and I are looking forward to working with the Commission and the great State of Texas”.
H2O’s evaporation process is a mechanical system that will produce a “clean salt” that is less than 10% moisture. The salt can be processed into several products to meet a large demand and market. The salt commodity can be marketed and removed from the process sites and converted into an income-producing product instead of a waste product to be injected in to a SWD.
https://finance.yahoo.com/news/uat-group-subsidiary-h2o-processing-123000954.html
12-15-22
UAT Group’s Subsidiary, H2O Processing, Announces Up To $17.2M Contract with Texas Oil Company
Denver, CO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc’s (OTC Pink: UATG) subsidiary, H2O Processing, announced today that it has been contracted by Pinto Red Gathering Company (PRGC) to treat iron contaminated crude oil. Under the agreement, H2O Processing will treat an initial 650 bbls/day for the first 60 days and 1,200 bbls daily every day after based on existing production. The contract specifies a reduction in iron contamination to under 10 ppm minimum so that product may be retailed to a U.S. pipeline. The newly signed agreement outlines an increase in production to 1,200 bbls a day totaling an estimated $3.24 million dollars in annual service contracts. Initial anticipated monthly production is valued to begin at an estimated $108,000 eventually increasing to $216,000. The agreement announced today further allows for an increase in production of up to 8,000 bbls a day totaling an estimated $17.2 million dollars in annual service contracts. Increase in production will coincide with the delivery of additional equipment from H2O Processing over the course of the year. This contract is in addition to the two previous contracts announced earlier in the week. In total H2O has announced three contracts this month totaling nearly $50 million annually.
https://www.otcmarkets.com/stock/UATG/news/UAT-Groups-Subsidiary-H2O-Processing-Announces-Up-To-172M-Contract-with-Texas-Oil-Company?id=383949
12-13-22:
UAT Group’s Subsidiary, H2O Processing, Announces Second Contract Valued Over $15.4 Million
Source: Yahoo News Published on 2022-12-13
12-8-22:
UAT Group’s Subsidiary, H2O Processing, Announces Up to $15 Million in Crude Oil Iron Removal
Source: Yahoo News Published on 2022-12-08
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