All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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It kills me to see the atmosphere and great news and growth getting killed by this stupid audit. Smh. Get it DONE RBSM
Loll yeah use a logarithmic chart ROFL. That’s real clever. Maybe try log 10000000 chart as your basis and actually there will be no price variation at all, ever! Wow!
News will to go to waste at this point. We need the audit. All that matters for the stock is the audit. That’s what happens when you make it a point of credibility rather than an aside, which is what happened. So now we need the damn audit. RBSM needs to be fired pronto as well btw
RBSM = really beyond slow mofos
Ugggghhh it’s annoying but he’s right. RBSM DO YOUR JOB
Lol because Canadians are necessarily better? Have you read the comments on the supposed “muh racism” incident? That is drooling moron-tier level of functioning right there. Ideally work with conservative French, Germans or Chinese people. Not just any of those people you have to know a certain type. Competent, conscientious, well-cultured, etc. Many if not most people in our societies are dysfunctional or cognitively stunted by upbringing to the point that you genuinely cannot work or reason with them, analogous to a young child in an adult’s body or an intelligent animal like a chimpanzee or a dolphin. The comments on the Snakes and Lattes ‘incident’ are a perfect illustration of what I’m talking about. When the conditions explicitly underpinning civic orders unravel or cease to exist what comes next? Get your popcorn ready, I’d say.
RBSM AUDITORS LLP
Our Mission
“Our mission is to lower the standards of auditing worldwide. Each and every auditor we select to work with us here at RBSM is unparalleled in their ability to take simple tasks people have been performing for generations and render them intractably complex. We take pride in our devotion to consistently amplifying existing problems and even going the extra mile to create entirely new ones wherever possible. Here at RBSM we treat every client as an individual, and work diligently to make their bespoke audit experience as perfectly horrific as possible. That’s the RBSM guarantee — oh, and thanks for paying us! We have a nonnegotiable no-refund anytime policy.”
Such faith. Much invest.
RBSM = Rather Boring Senile Macaronis
GET IT DONE
RBSM = Really Beyond Slow Mofo’s
Will show up in Quarter 3 most likely. It was explained in the PR accompanying the financials if you bothered to read it; only finished contracts were reported. That outfitting deal is not finished yet. But it is a done deal in the sense yes we are outfitting them with Gro3.
We need this damn audit so that the Snakes news doesn’t go to waste. RBSM is a New York audit firm that was a mistake New Yorkers are some of the most incompetent people on the planet they can’t do anything that hasn’t been perfectly prepackaged for them lol. Hopefully moving forward AMFE works with a firm that doesn’t have its head in the clouds like RBSM clearly does. We need the audit to drop to create hype that the news can be released into, RBSM needs to get its act together but Manhattanites never will. Sad. -Trump 2016 B.C.
No equipment for weed. Duurr. Someone gave us at least a 3 million $ contract to outfit a marijuana facility to....make it look better? Out of charity? Because Gro3 is a cool name? Lol, think before you post. Think of the value of 3 million. If you had 3 million right now, what would someone have to offer you to make you say, “ok have my 3 million then”. That’s exactly what someone in Canada already said to Gro3.
That’s 2.5% of the company. You should probably hit up the CEO to buy preferred shares lol.
One of the biggest takeaways is the price tag associated with our products. I’m not sure things from 2014 could cost the same amount today given how fast technology moves tbh. I honestly don’t understand how we could be where we are if this tech is real. Maybe Gordo has answers? What happened? The projections in 2014 are that we’d have like 50 million in revenue by now.
If you’re in the mood to let yourself dream a little have a read through this business plan from 2014.
http://www.frontpagestocks.com/wp-content/uploads/2015/08/final-copy-UATG-business-plan-27JUL2014-FA.pdf
Hes right that you don’t HAVE to file anything. But obviously UAT is filing lol.
The fact that we are considered mainly an MJ stock is why we have to get off this pink exchange. There is no rhyme or reason to it.
Lol. You would be surprised...a lot of people could pick up a field like accounting very well in a matter of months, myself included.
Still watching and holding. I expect to make some money here still. Doesn’t mean I’m not disappointed.
In 7 months I could self-study accounting, get certified, start my firm, and complete this audit. Dead serious right now. #feelsgoodman
Rabid dilution continues. Silence about it continues. I am very disappointed with the caliber of management. Investors were lied to here.
Look, I don’t want to argue with you man. We have to agree to disagree. Look at my post at all that has been accomplished by famous people in a couple months. Not impressed with these auditors.
Lol there’s no timber bro. We’re in the same 0.15-0.16 range. We need the audit to get out of it. Roger, you are within your rights to tell them: “by this week, or you DON’T GET PAID.” Be firm!
In a couple months, Mozart wrote The Magic Flute. Newton developed Calculus. Eratosthenes of Hellas calculated the circumference of the earth without any measuring instruments. Alexander the Great defeated the Persians.
Hitler conquered all of Western Europe in a shorter time period than RBSM is completing this audit...think about that one lol
I’m sorry, I am long here like you, full of optimism for the business, but I have to disagree. Audits are just bureaucratic nightmares. It’s grunt work; just crunching numbers. It really shouldn’t be taking a year.
I mean I just don’t see why there wouldn’t be an audit? People here like to filibuster and say it’s complicated or whatever but the fact is auditing and accounting is a very straightforward and systematic process that requires very little creativity or brainpower really. It’s a question of pay the fee, give the documents, wait a bit, done. It’s a very basic service, they aren’t doing higher-dimensional topology lol. I don’t understand what’s taking so long. If your question is, is this a scam? I can confidently say: NO! Snakes is the real deal, of that we’re sure :)
These auditors really are horribly incompetent. Most businesses wouldn’t get paid if they worked at such a delay.
Actually that is not true, he said updates on each sub coming end of month and through March. FYI
End of month is after tomorrow....at this point we honestly need this audit completed. It’s a question of credibility now, more than anything else; it’s been promised.
CEO needs to explain what happened to all the products he formally announced were getting manufactured and bought, then he let disappear without a word or any trace or revenue. CEO formally said they were manufacturing 1000 UBR-16 with buyers lined up and that manufacturing should increase. That was several years ago. What happened? No explanation ever given.
Also, regarding the SEC thing—lol, SEC doesn’t give 1/2 a damn about a stock trading in 001s. If this were happening on a legit exchange like Nasdaq and there were years of apparently ‘fake news’ and OS endless increase there would be lawsuits and probably charges brought.
Now, I actually am optimistic for UATG which is why I’m invested here but don’t call piss, rain...CEO has a LOT of explaining to do to win back people’s trust. As you say, it’s not cheap to design and manufacture products—well it was financed with 100s of millions of shares sold to shareholders. Don’t you think we deserve at least a bit more honesty than what we’re getting here?
Thanks buddy :D
Will be purchasing 200$+ of UATG socks and some will go to a pro runner I know. Will get you guys their feedback before the summer! (It’s for a summer birthday)
That would be an amazing thing. Since you’re in contact with him, please pass on the constructive criticism from me, in a lot of UATG videos the text is shown onscreen for too short a time, making it hard for some people to read. For a TV commercial it could be nice to keep that text onscreen a bit longer
Why be disingenuous in your response to me? What was the OS 1 year ago? 2 years ago? 5 years ago? Would love to see that commercial, Ejboug
Absolutely right. Kareem Davis doesn’t know that because he’s an administratively suspended ex-lawyer, as I showed in my ‘DD’ yesterday. AMFE would be well within their rights to not apologize or sue this guy for slander as he went on public media. But ofc that’s bad PR in a town like Toronto. What can I say? BRING ON THE US FRANCHISES. If those Torontoans don’t like it serve some normal Americans lol.
AMFE is a medium sized growing business. Small cap growth has a reasonable PE ratio of 20-40. Let’s go with 30. To sustain our current stock price of 0.16 we need annual earnings of about 2.5 million, or 0.005 per share. Even if we see no growth from now to end of year, we have 9x2 = 18 million $ annual revenue. So to sustain our current stock price, assuming zero growth from now, we need a profit margin of 13.9%. Not exactly the end of the world, is it?
Now, AMFE is really a growing business. We are expecting NSI to bring in 18 million +++ annual $ soon. Gro3 has brought in 3+ million $ through literally 1 partnership. The growing MJ market can sustain 100s of such clients, so growth there is virtually unlimited. Gro3 also was said to have application in food and poultry in particular, another huge untapped market. And, of course....Snakes and Lattes. The #1 brand for board game cafes in the world, cited as an inspiration across continents for small family-owned board game cafes popping up everywhere. S&L currently runs 3 locations, is building 3 more (that we know of), and has received HUGE franchising interest in the US. It’s a business model that would be highly appealing in European countries, especially cities like London, Lausanne, Stockholm, etc. S&L has partnered with huge partner CBRE real estate and Lending Loops to make FAST expansion possible. The reality is, this has the potential of a Dave and Buster’s, a Prêt a Manger, à Pain Quotidien, or a SBUX. And we’re in game distribution and development as well, another billion dollar industry.
So, with all that being said, what gets us to 1$? At PE ratio of 30, an earnings per share of 0.033, or 15.8 million $. If franchising is successful, that milestone comes very, very quickly. And when sentiment is high on a medium sized growing business that PE ratio can go to 40, 50, 60, just look at some other runners.
The reality is, YES, we are undervalued, and once we uplist I believe that will quickly cause an upwards correction.
Lmao you guys completely misunderstood my post. Go back and read PNS’s article and my post again...
Agree 100%. But it’s a BIG if and CEO needs to be more transparent with us to restore confidence
The Clearview Wrist Fixator article PsychoNoobStock posted was from 13 years ago; before UATG was founded by 8 years. And tech from over a decade ago is not ‘cutting edge’. I actually am wary of these obscure references to our products. I would like to see a focus on Hygieia and more proof of what is on the site tbh. We NEED more communication and TRANSPARENCY. You guys who apparently chat with the CEO all the time, could you tell him as much??!!? Ty, because I couldn’t get a hold of him.
Hahahhahahahahhahaha. Great poem, and yes, look at how ridiculous that it makes a difference whether the server was white or not. Only white can be racist or make mistakes when serving Lattes, eh? In the end, S&L is the one growing, S&L is employing people, S&L is providing happy customers with games, fun, and joyous memories. I think morality is on OUR SIDE here.
This is my last post of the day, I'm at 15/15, so have a good evening guys, nothing will stop the success of S&L and AMFE, not even salty internet trolls.