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Not necessarily. I was invested in one company that received patents for their product and the company ended up going nowhere. UATG and Alex are different, but still...just saying that patents don't always mean success.
Very nice! Very few OTC actually receive a patent. Not just talk here. $UATG
I love that they have a patent. Now sell the Damn things already. LOL
UAT Group Strategic Partner Next Casting Receives Patent
Umbra Applied Technologies Group, Inc. (UAT Group) (OTC: UATG) - UAT Group strategic partner Next Casting Technologies has been issued a patent for technology it developed for use in its advanced SmartCast, IntelliBrace and BioSplint products. Filed in December of 2017, this patent was one of four patents that had been pending. The Company anticipates remaining patents being approved over the next ten to twelve months.
Next Casting Technologies (NCT) has begun the process of commercializing proprietary technologies which will positively impact people’s lives and increase value through a unique and diverse product line. The SmartCast Application allows the casting technician to slip the SmartCast around the affected limb and position to ?t by using a simple “mold and hold” technique. Lastly, the cast is activated by pressing the button to initiate the curing process. Within 4 minutes that cast is hardened, fixed in place and is not dependent on the technician’s artistry, or lack thereof. The results are a predictable standard of care across the patient spectrum. The end result is a completely waterproof, antimicrobial, orthopedic cast, that is time saving for clinicians and a superior standard of care for patients.
UAT Group’s Chief Executive Officer Alex Umbra, stated, “This marks a significant step forward for NCT. Having the appropriate measures in place to protect intellectual property enables the Company to begin evaluating production schedules, supply chain resources and fulfillment execution strategies. I look forward to working with the NCT team in the near-term future as they begin their ramp up.”
U GOT THAT RIGHT. BUSINESS PLAN IS MOVING FORWARD
we got some financing money and more coming
It's non-stop behind the scenes. This company is constantly moving forward. Revs, patents, product development, new launches from their sub companies. This is all coming together the climb is building
Blah blah blah. Contracts mean nothing without recorded revenue. This ran to .012 and back to .004, and it can happen again while Alex plays his usual pump games. If he records a few million in the books, that changes. But he’s fooled everyone way too many times on “news” and 2022 being the year of big revenues.
FYI, nothing I just said is false. All true, like basically everything I say. Just because people get butthurt doesn’t make it wrong.
I’m not in any hurry to me it’s range bound just waiting on developments.
Let 'em go. I'm sure they made a profit and are hoping to reverse it by blocking. The difference this time is Alex is actually getting things done. When .01 breaks, the chart will start getting a nice upwards trend and the games from disgruntled long shareholders hoping to flip will stop... at least in the stock anyway, I'm sure we'll hear from them a while in here trying to stir the pot.
That’s why their called idiots
Bone graphs alone are worth.20 imo
Let's see if this "early news" hits all the right newswires. If it hits Ameritrade and E-Trade I'll be a little bit more happier because this will hopefully mean prospectively new investors but we'll see.
Twitter -- News will be out early. Video update noon. Please be safe and enjoy your weekend. AU
i bailed us out boys. lets hope alex hits a homer tommorrow and stock zooms uppppp $$$$$$$$$$$
800k buys 360 sells $$$$$$$$$$$$$$
alex only puts out a video if he has great new news $$$$$$$$$$$$$
Not me i got mor at 83 and 9
I've been on both sides of the fence with Alex. This is the first time I've been on the side that thinks he is making tangible progress. He is so, so close to checking a legit box off.
Same thing I'm thinking too. There seems to be enough buyers so there is interest and Alex must be doing something right or people wouldn't be buying.
Isn't an issue. The seller will run out and not be able to buy back lower if Alex keeps checking the boxes. I'm sure we'll hear them here trying to talk the stock down and if they have pie on their face, they'll brag that that made all these thousands of dollars. It's an otc story for the ages. Patient buyers, frantic seller.
Why isn’t there a bid? Getting over a penny means nothing when nobody is bidding. It’s almost like people don’t believe Alex. How odd.
What idiots are selling for less than 0.01?
thx money. lets get this over penny today. huge buying yesterday $$
I LOVED what occurred yesterday. We had a number of buys coming in. I think...I think people know what's coming, I'm not certain but it appears that way. Let's see what happens today.
Tweets are great. Hopefully if there are any PRs Alex has addressed and fixed the issue
Twitter -- Good morning everyone. Just wanted to let everyone know that I will be doing a quick update video for tomorrow. Have some updates on Ossifix, NextCast and H2O. AU
One more 4mil volume will wipe out whoever playing game with PPS..
in 10 minutes we went from #11 to now #8. hoy here we come. grab your shares now
MARKET CAP NOW 10 MIL WITH 50/100 MIL IN SALES. CO WORTH MORE EVERY DAY $$
3.5 MILLION SHARES BUY 900K SELL $$$$$$$$$$ 4.5 MIL SHARES TRADED
WERE UP TO #11 ON OUR BREAKOUT BOARD. OVER 3.5 MILLION SHARES TRADED $$$$$$$$$$$$$ HUGE BUYS
some people must know something great $$$$$$$$
we all know we got a baby monster here that is going to make us longs millionaires. still believe mil shares be worth 500k /1 mil in 12/ 18 mths.
lets get to our hoy this week
Cdel playing its usual games
I think it's understood here that this level is either inflated or seriously undervalued depending on Alex's next moves. This sat in the sub pennies a while so I suspect the seller has cheaper shares and cashing out in hopes no tangible evidence of his ventures show up, or simply doesn't care what happens after they sell out. In the grand scheme, this is just noise. Its current state is either worth below .005 or above .05 and people are placing their bets.
Almsot feel like someone has hard feeling. No level of logic can explain the manipulation happening here..
Anyway, this wouldn’t have mattered if he had enough buying pressure..
Get one or two whales here.. spread the word..
I'm sure when they are out we'll have them posting here relentlessly trying to buy back in lower. Someone is hedging Alex's past without even the slightest thought that he's making things happen. What he had already pulled off with ossifix financing makes this undervalued, but those surgeries still need to show up as revenue next q, so...
Who sells at 89 when 01s were going lol
Trying to protect the 4M open short position.
Once this moves up more, there will be added 4M buying pressure as the short starts to cover.
Someone bid dumping lol.. poor attempt though..
WOOOOOOOOOOOOW 2.6 MIL BUYS 200K SELLS, 400,500,600K BUYS WOOOOOOOOOOOOOOOOW
Blue Sky. I looked it up. LOL
I've been playing pinks for over 20 years. Love blue sky breakouts. Outside of the recent news, this has 2 big catalysts on the horizon. H2O funding or the first time that ossifix revenue shows up in the filing. Either of those moves the stock hard as the value gets fully recognized.
Big money will be moving in soon.
Be some salty tears in the sellers beers
.0147 is a blue sky breakout
Might want to check what that means if you are new to the markets
I'm guessing there will be some salty sellers pretty soon. It just takes one of the 2 events to drop and we'll see a big, long term move north on this.
2 million investment for a 9% stake.
Hmm... Ever watch shark tank?
Run those numbers.
These guys want a big return on there investment and you can bet everyone they come across in the industry is going to be looking close at this gem.
Well Educated and Well Funded people.
Sellers are running out of ammo. I'd say the ss is pretty close to dry.
This is a rocket ship waiting to happen.
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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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