Slow and steady wins the race
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
how is it dilution if A/S was not increased?
A/S didnt increase many times there was significant increase in volume. To me that is a good sign of the company buying. Especially when it happened with no news
They do have sales remember last quarterly and end of year reports?
The company has also said they are looking to purchase land to develop over the next 5 or so years to move all operations to one place in Florida. Last time I spoke with company they were already speaking with financial places to fund the design and construction of a corporate headquarters. Its also in one of their press releases.
They have 3 offices that I know of. One in Austin. one in Las Vegas and one in Florida. The original office they had, they said they outgrew and now they are in a temporary space while they negotiate the purchase of a warehouse and office in the Tampa area. I have not seen the new space but have been to the office in Austin where I first met Mr. Umbra 6 years ago. I have spoken with him while he was at the office in Las Vegas and there were pictures on facebook I believe.
If you look at some of their commercials I believe the parts where offices are being shown are in Texas and Nevada.
Yes. There was one yesterday and today
Come to think about it it look like there are some other boxes next to it and shipping bags stacked behind it. Those must be orders tey are getting ready to send out but the boxes might be the packages they said didnt work out so good. They are redoing the boxes for the Hygieia hp stuff they said on facebook
cant be. They dont make pink boxers and my eyesight isnt so good but it sure looks like purple in there to.
My wife sent me this as well. Is it my imagination or is that a box of Hygieia socks next to the underwear? I can see colors under the tissue paper which by the way looks really nice with the Hygieia logo on it! They definitely look like they are working on some very nice ways to present their products.
I seriously doubt the CEO is the one that does the facebook messages. I also think you are taking it too personal. Hes obviously not putting news out intentionally and for a reason. Do you ask why Tim Cook doesnt tell you about their new phone ahead of time?
They are obviously working on quite a bit from products being released to uplisting. Have you considered that maybe they are busy getting things done before they announce anything? This company has been brought back from the brink of complete failure. That could not have been easy nor is uplisting this company. IMO they are busy and will put out news AFTER they are done merging or uplisting. No CEO is going to put that news out ahead of time. NO CEO and no lawyers would let him
Thats not an email to one person. My wife just sent that to me from Facebook. Looks like we are getting closer
Mr. Umbra has brought this fact up several times in conversation and letters. They are very focused on hospitals and this sort of thing. They even have prototype privacy curtains and a surgical cleanser they developed to help fight this stuff. Last time he mentioned it he brought up disposable medical devices to help eliminate this sort of thing. They h8ave been working on that stuff for a while
Hes in NV quite a bit. He was just there and called me from there. They have an office there and there is a military base he goes to out there. Been doing it for years
boxers are still here:
https://hygieiasport.com/products/hygieia-boxer-briefs
I guess we dont know its strictly from sock sales but what else do they sell?
I am not sure what to expect but after they launch the rest of the hygieia products (before Christmas) I believe we will see them hit 7-8 figures annually beginning in 2019. The sock and underwear industry is very large (billions) and their technology and branding is premium. My partners and I have done research on these industries and its very big. I m optimistic about the companys revenues long term. CEO is very disciplined and even more patient. Hes smart.
Review last years financials. In the first two months of sales they sold something like $80,000 in socks! That was the first time they money in 5 years!!!
Seems to me that he understands it just fine. Company use to put at our a lot of news then it stopped. You think he just forgot about news? lol. Its obviously intentional. Maybe consider how they are going to uplist? I have discussed this many times here before.
Seems like a good way to keep the price down to me. Ever wonder if its intentional?
They are delivering products! I just received an order I placed for my sons earlier last week. Not sure why you think they are not selling the socks?
This is why a rarely visit this board anymore. This company was on the verge of shutting down because the original partners he got involved with were short sighted crooks in my opinion. I could have lost a lot of money but he made sure that didnt happen. He single handedly built a team and turned the whole thing around (in two years!). It has taken him 2.5 years and the price is stable and the company is profitable making cash for the first time in its history. How does he NOT have his big boy pants on? Could you have done better? How many guys would have just walked away? The guy has integrity and stayed to fix it. He has ALWAYS done what he said he was going to do (granted not always in a short time period or on time). This is why I believe he will uplist like he said. Of course I am skeptical about it happening this year. My guess is that they will in fact uplist by mid next year because he usually delivers within 6 months of when he says. Hes too ambitious in my opinion and his timelines are too aggressive and optimistic.
Regardless, The company has remained open (they are in year 6) and is actually selling products at a profit. I have been in this stock for 6 years and I can tell you that patience is what will win here.
I know they are looking for land to buy so they can build their own technology park and headquarters. I am familiar with the funding institution they are using for the acquisition and build. Hes a very ambitious CEO. I hope he doesnt bite off more than he can chew. Hes undertaking a lot at once. He says he expects to buy, build and move in no later than 2023. Four years to design and build a headquarters is VERY ambitious! Hell it took us 2 1/2 years just to finish designs on one of our ranches!
Sheets dont come out until 2019 is what I was told. They are more focused on the uplist and cant do more products. They pushed sheets, hospital stuff and a few other things to next year. The underwear, socks and pillow are coming out this year along with something else from either same division or one of the other divisions. They way he told it was that most of the products are completed and ready to go but there is staff, marketing, fulfillment and packaging to consider that takes up a lot of time and resources. He wants to uplist and is determined to do it by the end of the year. He said it was his highest priority
Sorry to be the bearer of bad news but last I heard they closed that office and moved to an undisclosed location. They outgrew the office was what I was told. That was 6 months ago I think. They may use the office for something though so I am not sure
Night time looting? You do make me laugh Tyaz. Forgot how funny you were. Actually made me laugh. Good to see you still on the board.
He actually used those words oddly. Said the are in a quiet period for next couple of weeks. Said news would be coming after they completed a few things. Wouldnt say much more than that other than he was in NV on business. He goes out to that military base out there often so that wasnt out of character for him. Other than that seems business as usual
Summers been busy. Busier Tun I would like but that’s how it goes sometimes I guess. I haven’t heard anything new or exciting. I did speak with Mr. Umbra on Friday. He was in NV for a few days at their office but was heading back the next day to Tampa. He was responding to my calls into the office. Nothing exciting to update.
They did say they were buying back over a period of time so I expect they have taken some shares out of the market quietly. Not sure why they are doing it that way but it does seem to be the case
That is not true. They had that wind turbine in development 5 years ago. I personally saw the wind tunnel tested model of the fan blades. Not sure who told you that it wasn’t a UAT product but they lied to you.
Not that I know about. Did you hear something?
It took me a minute to find it but its called Applied Sciences Division. The nickname is Scorpion Works. Its on their web page but the web page is down now. Looks like scheduled maintenance
Not sure about the blood bag. I did see it in person a few years back when I met with them. They showed me a few things that were pretty interesting. The prototype they had was very hightech and made blood last longer. I do know they have a lot products they dont show on their website and he told me years ago that they had enough products for the next seven years. They are pretty diverse which worried me initially because it seemed all over the place and they were trying to do too much. Now that I see how he operates it makes more sense what he said. He has a stable of products that hes going to release over time. He obviously knows what hes releasing for the next few years and is doing it slowly while they grow.
I believe they do work together but on limited number of projects. Its on a contract basis if I am not mistaken.
Someone else runs the department now. Its their secret department so it would not surprise me if Mr. Umbra himself supervises it. He is very involved in product development and design. I know he designed the rifle and most of the companys packaging or look himself. When I spoke with him a month ago he disclosed that he is the one that worked on the sock design and packaging as well as the pillow design being done by him because he is very particular about his own pillow. Not sure how he does it but he is definitely a smart guy and a hard worker
Estrada does contract work for them
I dont think Estrada is officially with UAT as a fulltime employee or director anymore. If I am correct, he is contracted when needed to assist their design and engineering staff. He left to start his own company and I would not be surprised if UAT bought it in the future. UAT has bought 2 or three companies from Estrada going back 4 or more years ago. I do know he is a significant shareholder. He and CEO are very close. I met him in TX 3 or 4 years ago before they moved office.
thank you. wish I could say it feels good to be back. vacation is hard work. lol
I am back. Wife and I went on cruise. Got back yesterday. Still recovering from being an old man.
As usual ski, you are right on the money in my opinion.
lol. This company is too small for that to effect it. besides, The economy is the best its been in almost 2 decades. Inflation is at 2% and the econmy is growing at 3%. Unemployment is at all time low, optimism is up the highest its been in 2 decades and hasnt grown like this ever! For the first time in more than 17 years there are more jobs that there are applicants. Where do you think a recession is coming from?
Sorry bud, but I think you are reaching.
They havnt confirmed a merger. That is my speculation. Company is not going to tell us that until the are ready to file an 8k and notify everyone.
As for keeping control, I am not sure. I dont see him giving up control of UAT but maybe he would not run the public vehicle. He might be content running the subsidiary UAT only although that is doubtful. I think he probably already controls the public company that is going to acquire them and is keeping it quiet. If there is one thing I am certain of is that the man is a planner and wont leave too much to chance after what has happened. Its how guys like him are wired. Too many people counting on him to leave it in the hands of anyone else. Thats why I dont think its a major company like GE or Lockheed. It will be a mid-size QX or NYSE company IMO. Probably trading at $3 pps and have revenues of over $2M because that is what is required. Just an old cowboys opinion