Slow and steady wins the race
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ok. just saw the facebook thing. Is that one of the apex implants next to the blood bag thing?
Ok. I missed something here. WHat other products? Why is the bid stacked with millions trying to push price down? And since when is Litar optimistic about UATG? I was only gone a few hours!
This is a good example of what Tyaz and I said. The products eventually come out. They might be behind but they do eventually deliver. I am not saying that it is good to not meet expectations but being slow is different from being a fraud
You should check the Hygieia website. Looks like they added the colors of the HP socks. They were not there yesterday. They must be getting ready to go live with sales.
https://hygieiasport.com/products/womens-hygieia-high-performance-hp-low-cut-ankle-socks
anyone see the facebook post with pictures of the new HP socks?
Exactly right
Really? Stop talking? When they put out nothing everyone here called for his head! lol. Nohing comes to fruition? Thats not actually true is it? Again, the company is selling an actual product and is producing actual revenues. We will see what is next.
well not 20m but a nice chunk
I did just a bit ago. Heck it cant hurt right?
what is the O/S? Anyone know?
I think you have a good idea. I will join you.
He was joking. The company would obviously not restock just one 12 pack
Apple announces their products a month or more in advance of their availability and no one bats an eye lash. UATG announces that products will be available this month and it has to be done instantly? I would also add that we already know that a shipment of socks came in and was sent to Amazon. The company not only told us they posted pictures of it being prepared for shipment. Was that the company lying? What will be said when the shipment actually does arrive at Amazon and they are once again available? Will you then retract your accusation? All this drove away an investor yesterday and it was all based on things that were not true. I wonder why someone who says that have money invested in a company would intentionally devalue the stock they own? Odd?
I just think everyone’s expectations are a too high. The double standard is also troubling. Look what they did in just two years. This company was almost bankrupt and is now making money. I wonder how many here on this board could have done that? I don’t think I could have.
I do agree that we need more revenues, that we need better communication (which they have begun to do) and that the pps needs to go up but these other accusations are just utter none sense and have no place in what is actually happening here. JMO
I would also say that if so many hate this company then why do they stick around? To just complain and make false accusations? Doesn’t really add up to me. If I hated a company I would cut bait and move on to the next fishing hole. Again JMO
Stop what exactly?
There is no dilution. A/S has not changed. Where is all this coming from.
anyone else notice the cross trades today. Also note the timing of the cross trades with posts here. Very interesting. Also interesting, the comments about the company selling and manipulating versus the trading history and our little board.
Very sad what OTC has become. I thought it actually had gotten a little better but I guess not. Hopefully this company will be able to get out like they said they intend to
There is no new note and it is unfortunate that misinformed folks would spread that and send another investor packing. It actually works against them and the rest of us, so why do it?
last time the wife and I went on a cruise it cost me more that the tickets!
how can that be if AS is maxed out? Whos selling?
Oh I think I’m way ahead of you bud. Lol. I’m going before you do. Heck you’re retired and I’m still working everyday. Probably drop dead in pasture one day. Hopefully not before UATG makes it to NYSE
There’s a lot folks in the pinks don’t realize. That’s one of the reasons the company wants out. Lol. We will have out day. Hopefully soon
Small stuff I agree. They probably already have that lined up I would think. If they are doing online exclusively then they will have to do things with YouTube and those instagram folks
Folks here have been screaming mismanaged disappearing funds and you think it’s a good idea to spend millions on free products and payment to athletes that don’t stand for the national anthem? Lol. They will crucify him if he did that
I have a friend that has a company where he sells many different products and he is always complaining about suppliers running behind. Last Christmas he had three suppliers of various different things, one of which was his supplier for the discount coupon on the customers next order that he puts in with every order. That delay cost him 3 weeks before he decide to just go without it. Another supplier of shipping boxes was delayed 2 weeks around Christmas time and it cost him almost $200k! He was one ornery fella let me tell you. The point is, when it comes to manufacturing and retailing anything can happen and usually does. It ain’t no picnic let me tell you
I doubt it’s money. When I spoke with him they were waiting on packaging. The first three or four designs the supplier sent didn’t hold up. His exact words were that they looked like elephants slept in them. He was not happy and said that this manufacturing issue cost him a 6 week delay. They were also waiting on something else but I forget what it was. I think it was something that goes into the pillow packaging, not sure. The point is it takes a lot more than making a product to deliver a product but if you have never done it before you won’t know about all the little things that cost you. I can tell that with cattle no one cares about all the little things that go into putting that burger in your table but I can tell you it’s A LOT more than you realize and so many things cause delays and cost you money.
That would be nice. Not sure what they are waiting for. Maybe they havnt gotten all the stuff in to sell or ship out
Could be anyone but I’m guessing the bank, investment firm, factoring firm from sales orders or even partly from himself since the man is rather well off himself. I can tell you this that once he uplists he can go to probably any investment firm, bank or financial institution and get quite a bit of funding. I’m sure he knows this and is working towards it. The company is structured pretty good for it right now he just needs to get pps up and I’m sure a merger will tidy that right up for him.
I am not sure where all this comes from but I have to say that I dont see what you are seeing. In fact, the company seems to be thriving. They have revenues and are fully funded. No money has gone missing that is just non-sense.
Again, even when I called the transfer agent, the company has not done any 3a10's since last year so to blame the company for selling is can not be accurate. Blaming the company for not having more products or better sales or better branding/marketing is fair game but selling stock is silly.
I have answered all this before but will say this much, it takes money to develop products but it takes money also to manufacture and deliver products in quantity. They have been underfunded and had rats on their ship. As soon as they got rid of the cancer they began to turn around.
You cant sell millions of products if you dont have the money to make millions of products, make packaging, build supply channels, build sales channels, do marketing etc. It takes a lot of money to launch a product and development is only a portion of the costs. I can tell you in my business it cost alot to get stuff out to customers and me and my partners have been doing this a very long time. Maybe thats why we are a little more patient or understanding. Maybe we are wrong about UATG but I have to think that the man has followed through and stuck it out even when he didnt have to. Running a company aint easy enough but building a company like UATG to be successful is a horse of another color entirely. There are results to be seen but I will grant you that I would like to see more as well.
That was the only point I was making.
Mismanaged!? Come on fella, you know better than that. As I have said MANY times on this board, the company was on the verge of bankruptcy and as the CEO himself has said he was advised to shut the doors and start over. He almost single handedly cleaned house, got rid of the rats and turned the whole company around to the point where we now see products not only being sold but sold out! Add to that the company has revenues for the first time in its history. He did that all in two years!!!!!
We are not happy about the pps either. Trust me, we have been around and in when it was $1 a share but dont you think your expectations are just a bit high? Perhaps you are being a little to hard on the guy. Especially since he has almost all his own money in it and was one of the major investors keeping the company afloat. If im not mistaken he has more money in the company than almost anyone else and stands to lose quite a bit if he doesnt make it successful. Just some perspective from an old cowboy.
I doubt we will lose since typical acquisitions usually pay a premium for their equity
It will most likely be a company that has something they need. Thats what they have done in the past 3 or 4 companies they bought
not correct. Small floats can move pps big! When a float is tight a few strategic trades can create huge spreads. No one doing a merger at a specific price would want that.
This large float with max out issuance is intentional. IMO. Thats why they are not doing an increase to the AS and RS is out of the question as that would increase the cost of conversion on an M&A transaction. No, the way I see it the company planned this from the beginning and they watched while we call them crooks, con artists, stupid and every other name instead of figuring out where and how we could make money on the deal. The distraction was welcomed because it prevented us from focusing on their plan and stopped us from looking at the possible companys that they are merging with. Cal me paranoid but the planned, executed and are waiting. My guess is that we will see a merger happen soon and when it does it will be quick so no one can react fast enough on the buy or sell. Mergers dont happen overnight. Everyone thinks it takes a few weeks because we are on the outside but it takes months and even years in some cases. They told us the were going to uplist over two years ago and they cleaned house and turned the company around. Then they restructured the market cap. At some point even a blind man will be able to see that this has been planned for at least two years minimum. They are not stupid.
I thought this was obvious but maybe I should have spoke up earlier. Large float creates smaller spreads and more stable price at this PPS. To me it seems obvious that this is all intentional but what the heck do I know. lower price means lower cost on acquisition. Larger float means smaller spread and trade metrics which means they can count on the pps staying within a general range. Why do this? Because when you are structuring a merger or acquisition it takes months and a stable price keeps things predictable for them. I dont think this is all an accident and I think to dismiss these guys as greedy, stupid and typical pink sheet company or ceo is a distraction. By dismissing these guys as crooks or stupid no one has given any thought to what they are actually doing. This is why when I call IR or even speak with Mr. Umbra and discuss what is being said about him on the boards he not only says he doesnt take it personally he thinks it works towards the companys best interest right now. That always made me scratch my head but then I remembered hes a government guy and making people look over yonder prevents them from looking at whats right in front of them. He knows everyone is going to change their tune. how? why?
I just think to call these guys stupid and crooks stops the conversation and DD right there. Thats why I have always said we need to work together to figure out what company they are merging with. These folks are not stupid and to call them greedy is just ridiculous considering they are barely getting paid anything if at all in some cases. We call them names because we dont understand what they are doing or what the plan is but that doesnt make it true. This sort of thing is just holding all of us back from figuring things out.
JMO folks.
At least socks will be available on Amazon soon. Hopefully the make room comment is about the new stuff coming out
Because they are changing their Amazon store to reflect the new products coming out like the post says. Also they must have to integrate Amazon with their store somehow to manage inventory or they would never know what they have sold or how much is left. This obviously requires some type of programming and takes time.
Also, I find things sold out on Amazon all the time. I once called and one of the people told me that Amazon charges storage for inventory so many people dont send them alot of stuff so they dont get charged as much
Looks like its sold out. Since when is selling out of a product over and over again a bad thing?
I also checked the company site and they are still available there. Before you say the company site has no visibility just remember that before they were on Amazon, they launched on the company site and sold out!
They also may be transitioning from Amazon warehousing their inventory to their new warehouse they just moved into. Just a thought.
looks like company just put out something on the facebook
I dont think they are going to do clothing. If I recall correctly I think they want to show whats possible to get the attention of the big boys and then license it out. That would be smart IMO