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That last part makes me happy for you, sincerely. And I am most CERTAINLY not right most of the time in the market. But Alex has made it very easy to be right on this one lol. This and buying Meta on the $200 dip have been my two best moves in recent years. Plenty of losers too.
Lol, is that what you think? Deleting and running away if I lose money here?
Sir, I am not claiming I will be right on my bull theory on Alex, rather I know the odds are against me. I would be sad for sure, but I won't be stubborn not to admit that I was wrong and learned another powerful lesson. I know I am betting on an OTC company which has hardly proven itself right.
If anyone thinks they will be right all the time in the stock market, they should be consulting a specialist, lol. I am okay to lose my entire investment. I can tell you it is not a small amount, but it is not going to impact my personal finances much though.
Another shit week here ,14 years , 14 years Alex This thing is becoming so ridiculous.
Make sure you don’t delete your account when he cons you again. I want to be here to revel in it.
Yes, I was fooled like many here, but what keeps my faith is the action he took after that. He threw out Estrada, the bad apple. If Estrada was still with UATG, I would have left my position long ago. Still, I can't believe Alex took so long to throw him out, though. But at least it kept whatever trust I have in Alex. I can tell you it's not a lot. Any wrong move from Alex can destroy whatever trust I have left.
But just because his previous ventures were failures, it doesn't mean he will never succeed. You can see lots of examples from history. Alex is trying hard and hopefully learning from his past failures. So any person who has gone through a series of failures is not the same as when he started, rather a well-experienced one.
So I am hoping Alex succeeds in this H2O mission. And the attitude he is showing lately (less communication and no shitty weekly videos) is a good sign in my book.
I’m sure you were for Ossifix, too. Fool you once, fool you 8 times. Sigh.
Both scenarios are quite possible. I am in the bull camp and believe Alex will come around this time. peace.
Dogs, if you don't agree on this, there is no point we going back and forth, it would be worse than Kindergartners fighting for toys lol.
Yeahhhhhhh. You’re mostly right. It’s headed to the .004s and lower. And there will be a final nail in Alex’s coffin with some delay or failure. Hoping there’s one final BS pump but I doubt it. I shoulda sold more in the 8s
My two cents:
If you have been in and around OTC for a while, you know even a 30% drop WITH NO NEWS is nothing but a buying opportunity. A single share holder can drag the price even more than50% especially when there is no volume. Shares has to change hands and I hope it is reaching strong hands.
And I expect more dumping next week or so when the news finally comes. This not gonna magically move upwards after one PR we all know what it is. But it would slowly build the trust back should move slowly after few more PRs and if we are not experiencing extended delays. If that doesn't happen, we will fall to 004s and hover around that range.
Your “low bids” message aged like a glass of milk.
Great day today. Keep pumping it up on Twitter, Adam. It’s really working!
Not any OTC company Sweetie, it is THE OTC company you are obsessed over.. lol
“Nobody is selling”. Nice call! See you in the .004s next week. Alex continues to be Tim Cook like you all love to say. Bwahahahahahhahaha
Raise your hand - who knows what it means when a 10k share ask is hit with 350k buys and doesn't move?
WAHHHHHHHHHHHH
Then you are in good company. Have fun.
I’m truly concerned about the intelligence level about some people around here. Good lord. How do yall survive on a daily basis and ever make money trading? Such imbecile babies.
You parrot the same questions about con artist or businessman. Over and over. Are you serious lolololol
You just parrot and try to talk shit to posters on a message board about OTC stocks. Congrats butternuts.
Full of scams. Like UATG. Pump it up, buttercup.
Don't overthink it, it's the OTC.
You're so philosophical. So impressive.
I'm not watching the stock on a regular basis. It can do what it is going to do, no worries.
How's that huge bid doing? Get used to that. Whales are waiting for big bids so they can decrease their exposure without giving up massive %. It's really not complicated and I'm surprised you have such difficulty understanding it.
Who said it was in a great place? Stick to the facts. 220k @6, 10k @53. Wild spread on the b&a.
OMG a bid!!!! Hope tbear or helpx don't dump into it 🤣
Stock is at .0053. .002 ahead of it's 52 week low and .005 below the high. There is little to no bid support and you act like it's in some great place. Facts and figures don't give a shit about how you spin it lol.
OTC level 2 only shows the best price per MM, not cumulative for the MMs. Many don't even show all or none orders, or any for that matter. Nothing really happening here.
Anyone who sells over $1,000 will lose 20% - 40% of their money lol. The liquidity is comical. There are CE stocks doing 20x this volume.
Any successful, -real- CEO of a company would not be talking to random OTC traders on the phone. It's incredibly weird and scammy.
That said, not much buying or selling right now.
There's a reason he likes talking to people on the phone and making videos of himself talking. Maybe one day he'll step into the image he's trying to project.
Save face by doing what? Having a profitable business? It's an OTC pump stock selling skin cream and "oil refining machines". Ever said that out loud?
Agree on Friday meetings. As for the videos, I'd rather PR's myself, but he opened the can of worms in videos and failed at it too. I really expected something from him today, oh well. Maybe one day he'll be able to save face.
(Or not) - good addition.
Happy Friday everyone. On a completely unrelated topic, I truly hope that there's a very special place in hell for the people who invented early morning Friday meetings. Waste of time. Be back in about an hour.
I have to agree with you on this one. He needs to stay off X and before he joins IG, FB or Rumble, he needs to stay off that too! NO MORE SOCIAL MEDIA! Just put out the damn PR when it's ready. We all know how to read. I will accept a video once a Q if absolutely necessary and if God himself demands it! The only videos the company should be putting out are commercials advertising their products to build business! Ok ok, maybe a CEO video once a year at the end of the year about what was accomplished (or not) and what's the plan for new year.
Oh alex said he’d never say when a PR was coming. Remember that? Bahahahhahah. Can’t wait, pump it up, buttercup! A have a few mil I can sell.
Laugh when you can Dogs
It will be out soon. Then I will do video. AU
— UAT Group - UATG (@UmbraAppliedTec) March 8, 2024
Alex has created every failure and distraction for himself. One day you’ll acknowledge it and it’ll be too late to sell. I feel bad for you.
the trailer was close to tanks probably containing oil but nothing was connected
Good point on next cast and Ossifix. Guess we will see which is why I want PR's and Q's. Everything else is just noise and a distraction.
5 others on this board said so. Your bull buddies. Ask them.
Ossifix was built. Nextcast was built. Novi was built. You’re a genius, mikey. Id never work for such a failure 😂 surround yourself with successful people. It will work out much better for you.
I doubt Q1 will be anything. How could they be?
Like he always does? LMAO. The equipment that you said would never be built is built. Then it would never be delivered but now it's delivered. Now there will be a delay? In what? Let me guess, revs? I call bullshit on your commentary and am starting to think you have an ax to grind with the ceo. Seems REALLY personal. Did you use to work for them or did you know Alex and he pissed you off? Only time will tell but seems to me like he's delivering. lol
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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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