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I think there will be more news next week
Hope the time is now, they are an year late.
You know what they say in uatg land, 7th time is a charm. Lol
As I said watch the economy and ride the wave
Just hope this time is for real.....no more b.s but i need to see $$ in the next Q
I see great minds think alike
Ditto, been creeping into shares, patiently at the bid.
you see we agree on something here.
the biggest challenge will be to restore market confidence, it will take several Q's....
Maybe its time to load slowly for 2023 something need to come out next year.
CEO update video out tomorrow!
— UAT Group - UATG (@UmbraAppliedTec) December 1, 2022
Litar, when do i jump back in for the next run? It almost hit trips again, i give it a few more months maybe?
Go right ahead. We are not allowed to go on TWTR so I cant do it. They are also talking about banning us on Stocktwits so I might not be there long either.
Awesome breakdown @McCol52!
Do you mind if I share on Twitter?
Maybe time will tell.
Yeah but hes delivered and you are forgetting that he doesnt run each subsidiary. Maye the problem is not him? Or it could be. He did put everything together and buy the other subs so I cut him some slack.
Bingo....need a new ceo asasp.
Lack of consistency and credibility. Too long with little or inconsistent follow through. They have to follow through and keep following through before everyone jumps on board. JMO
Why do you think noone believe the news.
Todays PR: Iron removal 3,500 bbls/day x $5BBL (best guess) = $17,500/day x 30 =$525k/month x 12 = $6.3M/yr. Water treating: 12,000 bbls/day at just $1 is $12k/day or $360k/month = $4.3M/yr. Todays pr is basically announcing over $10M in revs with more announcements of contracts coming! Something tells me they already have them because they always announce prs in batches. They probably already have the contracts and announcements set to go. Thats what they are hitting us with this month. Thats why they thought they are going to have high revs.
I thought I would share my post from Stocktwits for those interested. This pr has three huge things in it. 1- they have contracts with TWO companies to treat iron in oil (3,500 bbls total); 2- More contracts are coming; AND they have a contract to treat 12,000 bbs of water/day for almost TWO fricken years! These contracts are probably worth 8 figures easy. This is why the CEO said they were targeting $50M for the year. They are obviously behind but at least they are getting it done!
$UATG @UmbraAppliedTec UAT Group Subsidiary H2O Processing Partners with South Texas Water Disposal Company https://t.co/9xcMc7BT3c #OTC #OTCMarkets #StockMarket #Biotech #WaterTreatment #Texas #UATG #McapMediaWire #UATGroup #PressRelease pic.twitter.com/tcjneZflQB
— PRISM MediaWire (@prism_mediawire) December 1, 2022
I'm not say uatg I'm saying the world as a whole
Hahaha.....so funny....only uatg can't do nothing because of china. So lets wait another 10 years.
Do you look at the economy? China is in lock down and riots, trying to get things only going to get worse
As well as me snatching it up
I guess the news 'happy holidays' is coming soon.
You said was coming 3 years ago....still wating.
More float for me to own
Back to garbage ,one more b.s year for Alex.....a life of failure.
You guys should sell. Save yourself the keystrokes and stress.
I guess Alex is going to wait until the new year to get his pumps back in line. Almost time to start buying back.
No silver protection Regular sheet bed at 19.99 in stores.
You are seriously complaining about a new product launch? Theres plenty to complain about, a new product is not one of them. JMO
all this time for regular bed sheets .... more and more stupid this co.
I've been using some Silvon sheets forever and was shortly after that Kickstarter that he started in the socks. There's a market if he can get there.
Bed sheets without silver protection.
$UATG
UAT Group subsidiary 'The Dreaming Company' has progressed in their plan to "engineer a total sleep experience" with the release or their Hygieia Bed Sheets.
Hygieia Sleep Bed Sheets
twitter.com/TrueVisionMoves/status/1596173616437133312
They did, but it was the holiday season for 2018. I guess it technically has merit. Lol. He needs to get on the horn and he needs to cash in on this $7m in sales he claimed is happening.
Didn't they already announce the bed sheets would be available for holiday season? I suppose some wanted them to confirm they actually followed through on something.
All year for.....sheet bed! What a joke clown Alex.
Why not PR that the sheets are for sale ahead of one of the biggest sending weekends of the year?!
Why is boost not promoting this?!
On my end it it lets you add to cart. I could check out if I wanted.
news of what? it will be a miracle if he manages to sell sheet beds before december 15th.....h20 had income before Alex buys it
Its their time. Once the news comes out they will disappear just like every other time.
Prison for Alex, or at least fines for violations. Either way taxes and bills go unpaid yet again….. Alex back to dilutive funding yet again
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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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