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I apologize. I just wanted to correct the implication that you were handicapped.
Good.. Long process.. I have the time..
How'd your lawsuit go?
If I recall correctly he was threatening to sue the company and had supposedly obtained a lawyer
Damn straight.. That not how they treat their shareholder..
One thing i want to let you know i am not hearing impaired.. I am hard of hearing. Hearing impaired is for senior who loss their hearing later in life. Deaf mean born with full hearing loss and sign language as their first language.. Hard of hearing born with little hearing. Some can speak and hear more than be deaf.
There are 3 big different.
Just give a though.
IMO
He is hearing impaired and yes he was upset that that the CC was taking too long. YouTube does it automatically and for reason it would take an hour or two to before it was available which is weird but I dont think the company can do much about that since its YouTube. I would be pissed to because everyone gets it before him which sucks. At least the PR's were in writing which probably matters more than stupid videos.
Aren't you the disabled guy who threw a massive tantrum over Alex not using captions in his videos?
Lookin forward for this to go back to .0006 and ill pump in again..
IMO
announce your revs......hahahaha
They already have sales and I agree with you. Just imagine if they shrunk their cap size with the little revs they do have. More revs are obviously coming. The company would be worth more because of a healthier market. Overall value is of course the same but could grow once everything shook out. Then they could be undervalued and trade at a multiple eventually. Trim the fat.
Not true. You reorganize cap structure, reduce a/s and announce your revs alongside fully reporting status. Then banks will take you seriously. No dilution/selling into market. Institutions take long term position or just do finance. Its done all the time and is the whole reason a company is public - to raise money (those that dont understand that should not be investing in capital markets).Oversimplified version but you should get the drift.
I would agree with you regarding the reverse split of they can first get revs and sales. Key word there is "first"
The only way to gain access to capital in your scenario is to do a reverse split and then issue new shares. Which is dilution...
Depends on what company does but if they dont turn it around with a real plan to build and grow then me and several others will be out. Dont worry, we will be gentle. I wont dump in one day but by end of the Q we will be fully out of the position for sure.
How many million shares are going to dump soon?
Oh we are back to that? NO ONE INCLUDING ME SAID dilution. If you actually looked at the cap structure and did the math you would see in about 15 seconds that there is NO WAY with a BILLION shares out at .0022 that this company will EVER get access to the capital they OBVIOUSLY need. How are they going to get investment dollars or loans? How much in revs do you think it will take? Do the math. I am not trying to manipulate anyone. Do what you want but I am 100% correct. Cap structure sucks and I have explained many times what they need to do. A rs is just part of it.
Easy 0.0005 by january
Did you ask about the millions and millions in fake sales he announced. That would be plenty of runway for the company.
I just wanted they investors to understand how a business owner thinks
Well said, Vilone! Exactly how I feel as a business owner. I have two plans. Plan A if Republican’s win back control and Plan B if things stay the same. Recession might not be as bad if Republicans win. But, it doesn’t take a genius to see the direction we are heading in if things don’t change. The last time I spoke with Alex, he was worried about the economy and the direction it was heading.
Good point. Thanks
he's been doing b.s for 12 years, stop licking his ass. If he had a signed contract he would have to release it.
Why do you keep saying 12 , we both know what happened a few years ago
12 years..... wake up.
For you day traders here, carry on. Others, you really need to follow the economy, feds interest rates, diesel becomes scarce, gas prices rising, mid term elections and games eith big oil, im on the sidelines till after November, im not letting biden, Pelosi fictate my portfolio right now, republican take elections everything shoots up in the market, democrats everything tanks. As a business owner, no plans for expansion, new equipment etc..... until I see the price of things and where inflation is going. I'm not going to pay through the nose fir things till I see changes, good bad or indifferent. Biden trying to ride Roe v Wade, and 90 percent of people now are worried about putting food on their table and disel in their heating tanks for winter. Biden is the wrong horse to bet on. Now having said this, all of us business owners are in the same frame of mind, do nothing till after the elections, im sure Alex feels the same way
Yes sales and revenue...
By doing "it" you mean the stupid Reverse Split that you Harp about so much. I agree with you, Alex shouldn't listen to a few investors who just don't get it. I'm very glad he hasn't listened to you and destroyed this ticker. As for you leaving in January, well I sure hope the time flys. So long and good luck.
Whoever it was last year that had a few million shares, I honestly hope they got out or at the very minimum sold shares to get free position
Alex is no stranger to cooking the books / being full of crap. Most of stuff he’s pushed in past was all bs
So we'll just do a massive dilution and all of a sudden we're a NYSE company... that sells skin cream.... If you're in any way associated with uatg then your attempted manipulation of the people on this board would be highly illegal. Changing the share structure has no positive effect on the company's market cap. Only sales and revenues can have that desired effect
Just in General, no one takes into thought the economy, its not going to change till after mid terms, oh and diesel fuel is becoming scarce so think all industries that use it
Flip stock scam for now nothing more....lotto play for long term
Better then 000's in a month
Beer pizza money
what i don't accept is that he always intentionally exaggerated his predictions, so that makes a very bad ceo
He could be if he was willing to make the hard decisions and not give into shareholders that dont get it. He did build all this and did deliver revs for the first time all while quadrupling their size, assets and products. You are too focused on pps. That will change easily if he takes his head out of his a$$
Alex is NOT a NYSE ceo and not even close.
I really wish everyone here would call the CEO and ask him to restructure and uplist at least to QB. Then we could all buy in while pps increases which would just accelerate momentum. I would be willing to buy shares every day for a month if he did that (just depends on cost but I would do it). If everyone did that we could actually help the company grow and get funded.
Hes done a great job but unfortunately he started off great but just stopped. I need to see that he not only understands what has to be done but show me hes willing to actually do it. He seems to be able to take the pressure and criticism well so why cant he just restructure and continue to build the company? I just dont get why he listens to a few shareholders who dont get it and will never get it. I would even be willing to put money directly into the company via a raise. I have a lot of contacts and would help but first he has to commit to being a NYSE CEO. Doesnt matter, hes not going to do it anytime soon and I have to move on. I am here until january 1, then i am out. Nothing personal.
Anyway you're going to be the firts to dump your shares because of this incompetent ceo. Right
complained yes with lies in the videos not the videos.
Alex Scumbra about to join Justin conman Costello in prison lol
You guys are nuts. You complained when He did videos every week, updated everyone on TWTR, spoke directly with shareholders, disclosed what was happening behind the scenes and even discussed delays. Now the company discloses info in their Q's and scheduled PR's only (just like every other public company) and you say they are doing nothing, have failed and should go to jail? The company is rev positive with annual increases in revs year over. You want better performance? Then call the guy, tell him to restructure the company, audit, uplist, S-1 and seek investment! then your investment will be worth what you actually hoped for. We all know you wont so go ahead and keep complaining. I am sure that will change things.
I don't mind losing my money if he ends up in jail for the rest of his life.
the most incompetent ceo ever seen, he has no idea how to run a company. he is headed for disaster or prison
He does this every once and a while. Usually right after ramping up the lies. He'll be back in a few months as long as the sec hasn't picked him up.
Sounds like Alex didn’t come through / decided to disappear
Said the guy who is going to sell his shares because he don't believe anymore
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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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