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If I remember correctly he did mention the second trailer and he mentioned an issue with an incorrect part that was supplied with the first trailer and when the requested a replacement the manufacturer sent the same incorrect part again. The part was for water rather than oil and while it seemed to be holding up OK Alex wanted to make sure the correct part was installed. He also complained about shipping lab samples. He said there was a lot of red tape involved because of potential bio-hazards or something. I have to admit I didn't really pay good attention to that part. He mentioned shipping parts for the second trailer so I know it is being built. If I recall correctly he said they are shipping large portions of the second trailer so that it could be mostly constructed at their facility rather than in Texas. Again I didn't pay close attention to the details. The main thing I got out of the second trailer conversation was that it is in the process of being built. Sorry I didn't take notes because I was walking my dogs while talking to him.
Regarding the demo machine(s): I do recall some posts on some small scale machines. I don't know how complete those were or what scale compared to the unit being tested. Also, if I recall correctly they were for water filtering not for oil. I also think the demo machine was a short term test. Again, if you compare a new process such as this to processes I have worked on over the years then a few weeks of startup and testing is very justified. I have worked on food processing line projects, transmission line projects and substation projects. The regular delays and startup/testing can easily delay the project completion by weeks or months. I am not sure how this is such a difficult concept for some people to grasp.
I had a long conversation with Alex yesterday mostly about things unrelated to the oil filtering. The conversation did turn to it for a brief period. I don't think we have anything to worry about. I know the long wait is frustrating, but Alex wants to do everything right before posting any news. People keep acting like this new process should be easy to finalize. I am currently doing some engineering work on several electrical substations. The substations were supposed to be completed months ago, but are being delayed by change orders and other problems. These substations are all existing technology yet they are delayed by several months. This oil filtering is new technology. I am not surprised at all that it is taking a few weeks to get the startup and testing completed. I would be more skeptical if the results were posted right away.
I agree. I'm still buying. Not much, but I buy a little more a few times a week.
I spoke to Alex about a topic unrelated to H20. However, he did bring up H20 and the oil filter system that is currently running. He didn't say much, but he did say H20s filtering of oil and later water is going to be a huge impact. Because of this he wants to capture what he can in the financials, which is why they have been delayed. It was my understanding that once he gets the financials coordinated with the new H20 $ then he will release a PR and submit the financials at approximately the same time. I remain cautiously optimistic. I suggest everyone just calm down. Another few days or even weeks is not going to kill you.
I'm not sure what new information he is supposed to post. Can you elaborate? I think his last X post covered everything that is currently happening. I am not expecting anything new until the startup and evaluation period is completed. Three weeks is not a long time for the evaluation of a new process.
Dog's who? 😆 I gave him the boot a long time ago.
Maybe it wasn't a mistake. Maybe he was hoping we didn't notice the difference.
Yes, I spoke to Alex prior to his Tweet. He actually said they were exceeding expectations in a lot of categories.
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.
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.
The only problem is that as Adam917 said he just repeats the same things every day.
You really need to ignore Dogs. I always skip his posts. He provides no helpful information. The situation with H2O reminds me of what we experienced with Hygieia. At one time I recall people thinking that would never produce anything and would never make it to market. It did seem to take forever and if I recall correctly they missed a lot of deadlines, but they finally made it happen. I still had my doubts about Hygieia so I bought some for my wife and had her try it out. She said it seems like good stuff. So I think we just need to be patient. I am about 75% certain H2O will work out even better than Hygieia. It might take several more months before it equates to an increase in stock price, but I can wait.
You really need to ignore Dogs. I always skip his posts. He provides no helpful information. The situation with H2O reminds me of what we experienced with Hygieia. At one time I recall people thinking that would never produce anything and would never make it to market. It did seem to take forever and if I recall correctly they missed a lot of deadlines, but they finally made it happen. I still had my doubts about Hygieia so I bought some for my wife and had her try it out. She said it seems like good stuff. So I think we just need to be patient. I am about 75% certain H2O will work out even better than Hygieia. It might take several more months before it equates to an increase in stock price, but I can wait.
You really need to ignore Dogs. I always skip his posts. He provides no helpful information. The situation with H2O reminds me of what we experienced with Hygieia. At one time I recall people thinking that would never produce anything and would never make it to market. It did seem to take forever and if I recall correctly they missed a lot of deadlines, but they finally made it happen. I still had my doubts about Hygieia so I bought some for my wife and had her try it out. She said it seems like good stuff. So I think we just need to be patient. I am about 75% certain H2O will work out even better than Hygieia. It might take several more months before it equates to an increase in stock price, but I can wait.
I do the same. China and Demain have taken over the board and made it pointless. They repeat the same thing every day and none of it is helpful.
It is on its way up today. I wonder if people are starting to realize that it is only a matter of time before it will go up and not come back down.
While I still think INTK is likely dead I did see a flicker of life today. I see they got their website up and running again. Will the new CEO pull a rabbit out of his butt and pull INTK out of the sewer? Doubtful, but we might as well keep our shares since they are basically worthless right now.
I have been hopeful, but skeptical for a while. Now I am pretty sure the company is dead. I just tried opening their webpage and it is gone. I tried Syneffex and their contact numbers don't work. No new posts on X. I know they have had long silent periods before, but even then I was able to reach someone. This time appears to be different.
Loading almost every day.
I agree that he does not provide much information in the chats. Things do seem to be moving very fast for a change so they must have been ready to hit the throttle once they got financing.
New Tweet
Quick update on where we are in the manufacturing process for the initial units. pic.twitter.com/XmMwUQ05hw
— UAT Group - UATG (@UmbraAppliedTec) January 5, 2024
Anyone know what companies are still a part of UAT Group? Currently the website is showing DreamCo, Boost Local, Hygieia, Ossifix, H2O Processing, HBC, Bacter, and EXT. Of those the only ones I have heard anything lately are H2O and Hygieia.
I'm noticing a pattern again. Ryder, Demain, Ryder, Demain, Ryder, Demain and then every once in a post from someone that is actually trying to provide helpful insight or information.
Good morning everyone. I will record update video shortly. Should be posted later today. I hope everyone has a great weekend. AU
— UAT Group - UATG (@UmbraAppliedTec) September 15, 2023
Does anyone else here think that there are two people that spend entirely too much time on this board and need to get together and spoon for a while?
I think those that are negative about this are missing the point. I understand the frustration, but progress is being made. This company is so much better than a couple years ago.
They have to be a couple 50 year old dudes that still live with their mothers. They spend their whole day in the basement playing video games and chatting with themselves on Investors Hub.
Nothing real exciting in todays presentation, but one thing that caught my attention was news next week followed by a video. Hopefully the news is something significant.
R/S for an OTC stock almost never helps. I know there are exceptions, but every time a stock of mine has done one it has failed completely. The stock immediately crashes.
New Tweet regarding a new CEO. If it happens this could be exactly what is needed. Stu sucks as a CEO. If the company is legitimate (not saying it is or is not) then it needs someone that has more skill than Stu has.
Tweet: Upcoming Executive Team Changes: $INTK is searching for individual with extensive previous experience as a successful senior level executive at a NASDAQ Company to take over as CEO of $INTK by 12/31/23. Current CEO, Mr. Burchill will retire at that time, remain as CTO & Director.
Same here. I am pretty confident that the long term potential is great, but it is frustrating waiting for things to happen.
Wow. I was starting to wonder if they were still alive. No comments from Demain or Chinese please.
What idiots are selling for less than 0.01?
Some brokers don't charge commission fees on most trades. Fidelity doesn't.
I'm still hanging onto my stock. At this point it isn't worth selling. I still think Stu is only about 50% full of crap. If that is true then the company should still do OK eventually.
What we really need is verification that these things are real. If that happens to even 10% of the items on your list or if we get audited financials or if the buyback actually starts then the stock price will improve. Without these things the stock will continue to slide or at least not improve.
A R/S would crush this stock. The stock would implode immediately after the split. A R/S is seen as a desperate move for OTC stocks. If there is verifiable news or audited financials then that might be a different story.
I think you are absolutely correct.
Crazy high volume today for this stock.