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Anyone else notice how they changed their pr schedule strategy? I wonder whats going on?
All good, ith interest rates, inflation etc... AU looking before he leaps, good prudence, as well as ROI is the big thing. Plus the tax implications of doing that are beneficial, if you don't show that big a profit you sink a lot more money into the business plus surgery this week Ossifix
what do you see in your crystal ball
ROI is a great tax break, putting money in the company and later expending it. Ask yourself why do you do a wash sale?
Anyone who has ever looked at a lot of financial statements understands how companies report losses to retain cash. What you are missing is that they are making more money now than they ever have and how you can tell is by looking at the reduction in how they report losses. They are reporting much less losses. No company does that unless there is no way around it. They are reinvesting their profits into the company to pay for growth. Just like FB, AMZN, TSLA etc did for years.
Still not profitable in 2022. Imagine that, Alex keeps flapping his trap with zero to show for it. Under a penny til 2029 lol.
Alex talking a big game on Twitter. I really like that his rhetoric has changed from promising possible sales/ contracts to promising delivery and manufacturing before year end. If alex is to be believed, this iron removal process will send the value of this company much much higher. Everyone is always shocked by how rapid market cap can change especially in the otc.
You're talking about a 2k dollar wall. They just have to post revs. Nothing else matters right now
Somebody needs to take out that 350k wall @ .006 and off we go
Skin cream too lol
Q2 is out
Keep it up uatg!
Big oil field contacts coming!!!
Easily .10$
Mental illness or habitual cocaine use maybe?
Doing a video at 11:30 is amazing. He literally works all the time. He responded to my email at 5:00 this morning as well. When does he sleep?
Video highlights:
-Company responded to high priority issue in oil industry
-Developed proprietary tech to treat oil &increase oil production
-All testing and demos are complete
-Several potential customers for oil in discussion with several sites
-First system to be delivered to customer in 8 weeks
-Water treatment manufacturing/delivery to resume in weeks
-New water customers as well
-Treating 100,000 barrels/month by EOY
-Q's out Monday
-Hygieia increased sales by 30% from previous Q
-Eye gel selling instantly when launched last night
-10 new products from Hygieia
-Ossifix surgery on the 19th scheduled
-Vid/pics of surgery coming
-Shareholder letter ready for release by mid-month
-More announcements coming over next 2 weeks
-Step wise execution of product delivery from each company
-Audit announcement coming
-On track for everything planned this year through end of the year
-CEO is still confident about EOY projections
-New videos coming in week or so?
🎥 $UATG | 8/12 Update
— UAT Group - UATG (@UmbraAppliedTec) August 12, 2022
CEO Alex Umbra gives latest update for UAT Group.
▶️ Find it: https://t.co/30wKw4bztz
We just need the right news
More news and the price just keeps going down.
Think we’ll get news today after hours?
I would settle for half of the projected $50M bur honestly $16M is pretty damn good considering they did $1.8M last year
They can announce a trillion dollars in sales and no one will care. Until they actually deliver on something this company has no actual value outside skin cream.
I suspect they won't even do $1m and will have no profits per the usual. Where is this vapor order? Wonder if it will still exist in paper.
NOTE 8- PURCHASE CONTACT AND DEFERRED INCOME
In February 2022 the Company’s wholly owned subsidiary, H20 Processing Inc. announced a purchase contract
for $7.6 million (rounded from the contractual obligation of $7,623,789), which represents the sale of three
The Iron removal in oil can be worth 500 million in revenue within 5 years.
They are already in line to do $16M minimum over fiscal year and 190% undervalued 1:1 revs but, if they do $50M they are $0.05 with no change to cap structure. That puts them undervalued by more than 800% at current pps. My guess is that they are waiting to put out Q's because they are getting ready to announce new sales/revs for the metal removal tech. This metal ion in oil issue is huge and I have a feeling they are getting ready to deliver on this first. Then they will announce water contracts. Producers are more worried about the metal in their oil because they cant sell it beyond a certain saturation level. Water can be put down certain designated wells - less of a priority for oil producers which are clearly their customers. This is why the CEO is so confident about revs. Personally, if they do $16M it will show me that fundamentally they are continuing to grow. $16M is over 780% growth in revs which is amazing. Honestly from purely a fundamental point of view, if the do half of that it would be impressive. My guess is that the CEO already knows hes going to do $50M though. I am sure some will still complain about a 2,600% increase n revs though. lol
I am sure the H2O trailers are not complete and delivered yet either.
Make sure all I are dotted to crossed
I doubt very seriously there's any significant revs in q2. Likely he was talking about sales again in regards to the quarter performance
I am Really surprised that Alex has not already released it! They have continually stated that it was the best Q ever, so why would you hold back that information and not release it early?
Are earnings due this Friday or next Monday.
Lets see if this week is when we start to trend upward!
And local oil is starting up so......
Maybe they talk about that apparition $6m order they talked about that didn't happen last q.
If we can just see a good increase in revenues we will soar past 2 cents before you can blink….
I think we are in for some excitement in the coming weeks here. Stock has been steady above .005 and pushing up. I think we will be getting more news in weeks ahead. The steady flow of news has been refreshing
I hope it does for you. I’m not a buy and hold kinda guy, but, I do set breakout alerts / monitor my scanner / feeds. If it moves (and meets my trade criteria) I’ll likely take another trade
Not just the iron removal equipment, we should be getting news any day now on the H20 Wastewater deals too! They are going to be making money on both ends, with the same customer! This is going to be great!
They are obviously setting up the deliveries of the larger systems. How could they deliver calibration equipment to a site with them NOT being a customer? You think they are just randomly dropping equipment off at other peoples drilling sites? Whos paying for it? Next question, why would you send expensive equipment to calibrate ANYTHING , if there isnt going to be something to calibrate soon? Like I predicted, small news once a week for a few weeks (although nothing has been small really), then twice a week for a few weeks then the big news. Same pattern every time. Anyone here longer than a year should know this. We are obviously being set up for the big news of how many of these iron removal systems they have sold at what the revs are.
News have been steady. PPS still not reacting. Hopefully financials' will help.
the larger treatment systems will follow and begin treating product across the U.S.”.
your lotto ticket is turning into a gold mine
H2O Processing, announced today that it will begin delivering a proprietary, industry specific testing and calibration system to calibrate metal ion/iron removal processes for its larger industrial iron removal system, to sites in south Texas. The first unit is currently in production and expected on site within weeks.
Don't miss the train a second time, this time it's gonna pay off in the millions for me
I feel playing scratch off lotto tickets to offer a higher probability than uatg, no offense. Still waiting on Alex to follow through with any one of his crazy pumps from the past decade
Now Alex getting into blue sphere garbage bio electric vibes? Only thing that ran that was mistaken identity and dumb money…. Now c.e. Uatg cracks me up
R/s always gets ugly. Sometimes post split if they take it easy on dilution can be fun if nobody’s in a cooked play. Glad u got your initial investment out / took profits. I haven’t been keeping up with whatever Alex is doing as of lately. He shift focus again? Lol
they will exceed 250 million in 2 to 3 years in income
That would be like 250 million market cap. I’m honestly shocked this somehow maintains above 5.6 million market cap
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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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