All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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.
Dilution has SLOWED DOWN, but it is NOT over...another 15 million share dump just now. That’s disappointing to see, especially given how low we are. It’s not looking good without any news. UATG is supposed to release half a dozen products in the coming months for Hygieia. IMO CEO should PR EACH one, and AGAIN when they are made available on Amazon like for the socks. We need to get people interested in the stock; there is no volume apart from dilution. UNLESS the CEO is purposefully taking advantage of these low levels for share buyback and will reduce OS 60-70% later, then we are unfortunately dealing with inept management. Simple as that tbh; hopefully it’s Case 1 and once dilution +buyback is over we see a big share reduction and a big increase in transparency from the company.
It’s really a shame that we have allowed this audit to become the be all end all thing here. Many many OTC Pink stocks have surpassed 1$ without uplisting. Looks like we are stuck 0.14-0.19 until audit/uplist, for purely psychological reasons.
Lol ikr. Can’t wait for it..
Don’t think anyone is ‘flipping’ at 0018. Everyone is negative right now.
Looks like dilution not over after all :/
I want to see an explanations regarding the share reduction. So many things don’t make sense here but with a little more info it could come together in a big way.
That is a wonderful thing...volume of past weeks was dilution. If it’s over then maybe we progress to the next stage of the ‘master plan’? Lol I don’t know. Hope we hear from the CEO soon. Everyone, including IR guy for the company, is hinting at some “big thing coming” in the near future.
What a difference no dilution makes...
Are you in London??
Meanwhile we barely have a 1 million $ valuation. This is really intriguing...
That’s a great find. Could you elaborate on how you found it, I can’t see it? I see that there’s a distribution across the street lol.
9 reviews on Amazon in a couple days only. They all are 5 star and rave about how amazing the sock is and how the technology works and how it’s the only sock they will buy from now on. We need to fulfill about 30,000 3-pair orders to hit our first half million in revenue, or much fewer for larger pair options. Doable short term if this enthusiasm continues or we land a contract with a small distributor. And that is based on SOCKS alone, which are the Hygieia product with the least potential. Heck forget all the other tech, they should just be a clothes company lol plenty of money in that.
I think I’m going to take a sabbatical from this board and the stock. The dilution is really just horrible and a morale drain and everyone is losing money but ultimately this is a real company making money and is undervalued by many multiples, if not orders of magnitude.
Guys just want to say I am NOT BY ANY MEANS throwing out the possibility that there truly is a mind blowing 50x PPS QB—>NASDAQ master plan in the works. CEO is a former CIA agent with his name on the business after all. Who knows what’s coming. The Cede and Co ownership I found a while back could well be a hint leasing to hundreds of million share reduction. Just no knowing what will happen here.
How does one get hold of the CEO rather than the company though?
I’ll try calling the company today. Not going to complain just chat and ask questions, see how things are.
There’s no need for imo; it’s not opinion unfortunately.
Everyone bought “too soon” because we are at all time lows and yet still there is no bid support or buying pressure and ask continues to grow. CEO is causing people like Gordo who were here for years to be left with nothing while penny flippers can load 10s of millions of shares. Go to the website and read how UATG values “INTEGRITY” and being an “ETHICAL CORPORATION”. I cannot lie I am very disappointed in these actions, go back and read the shareholder letter, we were truly not led to expect monster dilution coming destroying the equity of the company. Truly, many people would say Shareholder Letter lied to shareholders’ faces.
Completely 100% no ambiguity flat out WRONG. Whereas this stock HAD long holders like Gordo locking the float, believing in company long term, etc, NOW this dilution has enabled flippers and penny stock traders who give no crap about it to collect hundreds of millions of shares. That means HUGE resistance to a run as those flippers sell for a ticks and certainly will sell for 50-100% gain, unlike genuine longs. You are COMPLETELY wrong on that this dilution has no redeeming qualities it was all bad for the stock. Period. Should’ve paid the damn debt. Instead he paid 60% of the company for it. The ONLY possible benefit is cheaper share buyback. That is the ONLY positive possibility from this, and to be completely honest it’s unlikely given that they couldn’t settle 100k in debt. :/
I really want to see less pipe dreams about big mergers and uplist and stocking in American Eagle Outfitters. This stock would do extraordinarily better if it was just REALISTIC, focused on building a sustainable business up. We’re in debt because company ordered thousands of products manufactured that had no buyers. NO! Focus on the clothes. Get sustainable revenues. Achieve profitability. Expand your product line from there. Take calculated risks. The approach of “build guns, build medical stuff, shoot for huge partnerships, stock up on 5 different high tech products” and hope for the best HAS NOT WORKED because there are no buyers. You have to establish a company and grow. You cannot become Lockheed Martin and then start getting clients. You have to grow from somewhere to BECOME Lockheed Martin. I really don’t want to see trips I actually believed I was making an investment into a legitimate company. Still prepared to hold long term if explanations are given and changes are made.
The more it drops the cheaper the discounted diluted shares are which means OS increases even more to cover debt. Does CEO care that equity is getting ANNIHILATED? I am starting to feel naive for believing the shareholder letters and calls for trust etc
Stock performance and disregard for shareholders getting ridiculous and disgusting if it continues even Gordo will be forced to bail. CEO should be encouraging people to be long, but at this rate no bid not far and I say that as someone who actually BELIEVES in the company and potential. Something needs to change NOW or it’s over.
I don’t think it has much to do with UATG since the site says it was founded in 1999 by a group of engineers. I understand it’s fun to look at companies offering similar products and dream about Hygieia and American Outfitters partnerships but the reality here is we are in free fall. If the last two weeks are the same as the next two weeks everyone here losing their entire investment. CEO needs to EXECUTE on his ‘master plan’ because we are out of time. If we go to trips the stock is dead.
There are dead companies gone bankrupt with higher market caps that us here at 0016. This is actually a joke. CEO needs to start explaining what is happening or he will not have any more shareholders for his company.
Is UATG actually going to trips. Literally any other pink stock with this news, potential, and share structure would be at .01+. Wtf is this
Are you messing with us or did you actually hear this from somewhere legit?
This was my favorite part of the PR:
“A number of US and Canadian franchise and joint venture initiatives have already been capitalized on and there are more in the works. We therefore anticipate further positive impact moving forward as additional retail locations continue to open this year.”
Didn’t you literally just say you liked it lol? You’re a bit all over the place o think...
I agree with you on that one....I am still genuinely interested to hear your take on situation with dilution, NextCast, and Northbridge?
Lol ok man. Everyone has their own theory as to why debt was owed to NextCast and purchasesd by Northbridge resulting in near doubling of the OS to 600 million today. Yes I have my own theory as well. I’m still here holding aren’t I? I would like to hear your theory if you want to share.
Not going to lie that it looks very bleak. However if the CEO is right when he claims having this technology and becoming profitable it can be turned around.
Yes but the point is WHY, we all know it was court ordered, can you tell me WHY though? No you can’t no one knows but the company
Yes obviously everything knows that the point is we are in the dark as to why UATG owed MextCast 100k given they are meant to be business partners.
Obviously his point of ‘0.0001’ soon is not going to happen but we ARE losing 10% daily because of dilution with no end in sight or roadmap from the CEO. At what point do shareholders bail? Until we get concrete news his point can’t really be dismissed imo. The CONTRAST here in the way the CEO deals with company and stock is unreal. The company is making legit moves, listed on Amazon recently, apparently has a bunch of community outreach and nice programs like that, values employees etc, but the stock is really managed as if it were an OTC scam. There’s such a disconnect if you look into the company itself it makes you wonder dafuk is happening here.
Here is the BRIGHT SIDE:
Behind the catastrophic equity destroying dilution, UAT Group appears to be generating revenues for the first time! Imagine they monetize their full 35 million$ worth in acquisitions. Even at maxed OS, that equates to 0.035 PPS. Of course an acquisition should bring MUCH more value to the business than acquiring price (I mean if management even knows what they’re doing) so really those acquisitions should be creating a 0.1 $ PPS even at maxed out OS. Now if there is a significant share buyback and management REALLY knows what they’re doing— I.e. really converting their acquisitions into value and building their own business and tech alongside it —what PPS would that put us at? Point is, if this company is even in the slightest ‘legit’, we are ridiculously undervalued.
There is 0 reason for dilution other than to raise capital. The only function of dilution is to dilute equity for cash. There is no need to change share structure via dilution for M&A, RM, uplisting, or virtually anything else. That’s the truth. So yes we are a bit in the dark here’s as to why OS is apparently being maxed..
No, I am rather hoping to see increasing signs of legitimacy from this company. That’s means legitimate business partners/contracts, way more transparency, greater online presence, etc etc and of course revenues. Thugs like silence, dilution, or an A/S raises that you mentioned, are NOT signs of legitimacy and I really don’t want to see any of them. The dilution here is really worrying. I’ve been in plenty of M&A and reverse merger and there is actually no need for dilution to complete them as some here have stated. So at the moment we don’t really have a clue what is going on. The reason I’m holding though is because things are clearly happening behind the scenes. I just hope that shareholders are a part of CEO’s ‘master plan’...
Completely 100% disagree the higher the A/S the less legit the company. Nobody on any legitimate exchange has an SS even CLOSE to billions of shares. If A/S is raised I might actually just take my losses because that would basically signal there is no plan they are just dumping as they go. Really hope that doesn’t happen. If there is a plan there is NO NEED to raise A/S again and again, what kind of plan would that be lol.
No offense but AMFE has a valuation near 80 million $. We should be well past being satisfied that the share structure is better than pink sheet billion share dilution scams....I mean obviously AMFE is better than them we are looking at billion dollar potential here and that’s why we need to uplist.
Why would 400 million shares have to be diluted to cover 100k debt when stock price is 002 though?
I hope we uplist before financials are released because the pink sheets really don’t value things correctly.
A potential run on news will be much weaker if we start at some ridiculous PPS like we are at now. It’d be nice to give the dilution a rest for a bit to at least let the stock recover. Why kill the stock for 100k in debt. Execution of this master plan really can’t come soon enough. It seems like so many things are happening but all that we get to know for sure is dilution continues...