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Just like the Novi. and Ossifix. and Nextcast. you know, the products that never existed. tick tock.
"Initial excellent results.", From yesterday's X Post
He had a post on X yesterday, but even if he didn't I wouldn't say it is strange for him to go silent for a few weeks. Alex is one of the best CEOs at trying to keep shareholders informed, but that does not mean he has to send out weekly updates.
even with news and video showing the system cleaning oil nothing will change for the pps now it will take 20 million in the q to move
Huge volume on the big update LOL. Hilariously bad. Alex is about to topple into the abyss and I'll be laughing the whole way down.
Look.like noone believe b.s Alex anymore
From "X", yesterday 3.14.24
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UAT Group - UATG
@UmbraAppliedTec
·
17h
The H2O IRS unit arrived customer site 26FEB24. Unit was set up, calibrated & loaded. Currently finalizing testing & evaluation period. Initial excellent results. Further specifics in future PR. No additional info will be given at this time. AU
Except he said in a PR in December of 2022 that the units were built and would be producing that month. What’s your brilliant reasoning there? I’d love to hear it.
why Alex is silent now? Strange no?
I agree with you up until the sarcasm. The truth is we should be patient. I have been engineering for over 30 years and I have never seen a start up go perfectly smooth. Even with all known technology there is a period of evaluation and trouble shooting. Two weeks or even a month is not even close to unreasonable for new technology. In addition, I recall that we went through the same skepticism with Hygieia. I count myself amongst the skeptics. I even went so far as to buy a container of the lotion just to see if it was real. Alex finally came through with Hygieia. I am pretty sure he will come through with H2O also.
HAHHAAHAHAHAHAHA
Everyone relax. This is proprietary tech. Umbra is the first guy ever to use a centrifuge to spin solids out of a liquid. Especially in the oilfield…they’ve never even heard of solids control or centrifuges. It’s gonna take time to test this brand new method. I did hear he is using hygieia socks around the discharge hose for the premium filter effect though. The trailers on location have guards wearing the UAT exoskeleton suits holding UAT sniper rifles all while UAT drones fly overhead. Theres even a guy straight India from the 2 week testing period with a bacter device to make sure anyone with a cough doesn’t have chlamydia. It takes time. It takes in imagination. And it takes pure stupidity to believe this clown LARPing as a ceo has anything going for him. Trade this accordingly.
Lets wait another 3 months to see
Obviously not paid LOL. Ossifix was paid and posted to financials.
Dont think , nothing in Q1
Hmmm....
Evaluation Period: not paid?
No PR lolol cause he doesn’t want to lose another court case for manipulation. Smart man.
evaluation period.....probably all year
UAT Group - UATG
@UmbraAppliedTec
The H2O IRS unit arrived customer site 26FEB24. Unit was set up, calibrated & loaded. Currently finalizing testing & evaluation period. Initial excellent results. Further specifics in future PR. No additional info will be given at this time. AU
How much longer until the delusion wears off? I give it another 2-3 weeks and the pitchforks start to come out. Come join the intelligent side, friends!
Answer: dangle carrot
answer......soon
I did not ask for anything except when can we expect an update/pr.
That he should be able to answer, even if its a vague answer.
Technically he shouldn't respond to any of this without making it public. He just needs to come clean in a PR if it's a real thing, the longer he's quiet the more scammy it looks based on his track record.
Emailed the following:
-----------------------
Hi Mr. Alex,
Hope you are having a great day.
I will keep this very short as I know you are a very busy man. Hence, the reason I did not want to call.
Personally, I am somewhat concerned that you have gone silent just after having your oil/iron removal system on location.
WHEN can we expect an update and/or a PR ?
Please review and advise,
Thanks so much for your time.
Sincerely,
xxxxxx
investor
alex.umbra@umbraappliedtechnologies.com used to reach him. Haven't tried in many, many years though.
B.s.liar@uatg.com
conman@uatgscam.com
Does anyone have a good email address for Mr. Alex ?
TIA
That's pretty standard for Alex. The weirdest thing to me is people buying at the ask this week with him being totally silent. He has given no proof yet that he has completed anything other than his usually cryptic statements.
It’s March 14th with no PR and the bulls think these “units” are operational. Alex woulda sent a PR out after the first successful day and yall know it. How long you gonna wait until you accept reality?
He is not better than 99% of other OTC CEOs. His list of outright lies in public postings is extensive and comical.
I agree on many fronts. That said, he is a master bullshitter and this one could put him on the map as a real CEO. So far, so bad.
Eh, in the grand scheme of things it's not a long time. Quarterly reports will show the real story. The potential for this company has been enticing for awhile. The way I see it, this stock will end up either a 50+ bagger or go to 0. I don't see it languishing for years, there will be a definitive outcome. Don't mind taking the risks. As "bad" as the CEO supposedly is, he's better than 99% of other penny stock CEOs out there
I coulda sworn they were due on the 15th. Must be the end of the month cause they would've had to disclose a filing if they were late.
They have filed on the 30/31 for the last 2 years, I don't expect anything different. Alex is a creature of habit.
It’s due on 3-15. And then quarter is due 4-15. Can’t be late without filing.
He usually drops it at the end of the month, but his current silence is deafening.
When is quarterly/annual report due?
This has honestly held better than I expected with Alex going quiet after missing multiple layers of his timeline. He knew he fucked up so bad this time there was no need to defend it. It will be interesting to see how he spins it when he puts out public info again. Be nice if it is still tied to the task at hand.
50M coming.......in 50 years
Three days to financials. $2.6mil through 9/30. Annual going to be MAYBE $3.5mil. Puts this at .0035. Congrats longs! LOLOLOL
Alex said last years pr was coming soon ,so i guess only 6 more months to wait
MASSIVE PR TODAY. WOW. HUGE. ALEX DELIVERED.
That'd be a solid increase in company revenue.
Maybe while we wait Alex can use the trailer to make snow cones to sell at the park since the weather is nice. Maybe a sticker flavored H2O cones.
Another abysmal week for y'all. Capped off on Friday with 2023 revenues that will give us a fair PPS valuation of .003. TO THE MOOOOOOOOOOOOOOOOOOON
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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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