All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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Nobody is selling. There isn’t anything on ask from actual people just look at L2. Why would they dilute at these levels it’s unreal when compared to the quality of the company. Going to have to trust the CEO when he says he has control of the situation.
Audit doesn’t change the fact that Snakes is franchising, has exclusive partnerships with 50 million $/year game, partnership with Lending Loops, self-publishing, Nintendo partnership/joint PR, etc etc etc....
For now I would like to see them stop increasing it mainly lol. Reduction of any kind would be much better.
If no audit there should be some kind of explanation made today imo, people are uneasy it seems.
Company has stated they have been conducting a share buyback for the last 10 months in mid-November, so over a year now. We may see a huge reduction in OS based off of that.
Which is why so many people holding for long term here. Even at maxed out AS we have fundamental valuation of 0.044 based on assets here.
No comparison to pink “garbage co” here. Sad.
“Thanks to strategic manufacturing partnerships with companies like NextCast, as well as others to be announced in the near future...”
Catalysts coming...I am holding long term...
Demoralizing yes, affecting fundamental value of the company no. Should be much higher, no doubt there. IMO when next Hygieia product lines are announced that’ll be a good catalyst.
“Hygieia will see the launch of further improved sock designs, boxer briefs and bedding product lines but it will also lead our entry into antimicrobial touch surfaces and other unexplored medical industry firsts. In addition, this smart textile will also cross pollinate further product development across all UAT divisions supporting the development of our B.A.T. Suit exoskeleton, Scorpion Security Drone and H.A.V.O.C. third generation camouflage.”
“Since launching Hygieia we have engaged dozens of manufacturers interested in the potential of having UAT manufacture their products for them using our antimicrobial Hygieia technology.”
Don’t get it. Any one of those deals is worth millions. One for 500,000 units with NextCast is ALREADY secured through 2021. Ludicrous that we are at 0035, lower than many stocks which have been defunct for months and years. It’s like, helloo people we are an advanced technology company with multi-million dollar contracts in the works...
Thanks for doing that. Can you ask him about dilution as well please?
“Market Oversight- We restructured and/or settled debt to better position the company’s corporate balance sheet ahead of independent audits in anticipation of future opportunities for expansion and institutional financing.”
From shareholder letter. Hopefully we are seeing the last of these convertibles notes and financing will be through normal means in the near future.
That’s great to hear thanks Gordo. I still think clarification regarding dilution is necessary, OS increased by like 70 million since AS increased.
Why do you think he’s not doing it?
There are some material things. 500,000 Hygieia ASP units sold to NextCast over next couple years period already (multimillion revenue locked up it looks like). Also I spoke with a sales rep of Facebook today so that side of things is fine looks like.
I hope we don’t see further dilution. It caused lots of people to bail today.
Company has 9 million $ in assets and has stated they are doing a share buyback. Hopefully we see a significant reduction in OS in the next few months.
35 million in IP acquisitions, 5 years R&D...I spoke with Hygieia sport on Facebook today, a sales rep responded within 30 seconds answering my queries regarding buying the socks. The potential here is through the roof imo and from what I gather from those who have been here longer than I have CEO is a very, very serious man
Even if the audit doesn’t come tomorrow which I hope it does, the billion dollar potential here is real, close, and too big to sell because people are worried about an audit which doesn’t change the company’s fundamental value. Snakes alone is undervalued.
People are so caught up in this whole audit thing they cannot see everything else going on. The audit won’t even have impressive numbers, it’s of the past 3 years not all the things currently happening. Not sure why the CEO let it build into this whole huge thing if it wasn’t 100% happening this month.
Assets + IP portfolio valuation IN THE FILINGS = PPS 0.12. I.e 35x higher than our current levels. Even if the entire AS was maxed out which it won’t be PPS would still be 0.044 for fair valuation. I get dilution is worrying but this is ridiculous at this point.
Will say it again: Hygieia is an impressive technology with great potential. I think a small amount of dilution causes inordinate panic.
UATG is way way undervalued, even with limited dilution. 9 million dollars in assets on their financials, for crying out loud. That equates to a .025 pps. And they have acquired an IP portfolio for 35 million dollars, again from financials. IP + assets = pps of 0.12 about. That’s not even considering the work UATG has put in on that IP or the products they are bringing to market—like 500,000 units minimum of Hygieia ASP to a cast manufacturer, for starters. I am holding my shares, IMO if we get any revenue news, which we should, the PPS quickly corrects to the levels I indicated based on simple valuation of assets and IP.
VNDM at 006 imo no dilution occurring today just stop loss and people panicking
TBH not sure why we are valued so low even without uplist when you look at the valuations of other pink stocks? Maybe it doesn’t feel real to people idk? We have exclusivity on a game which brought in 50,000,000$ in its first year. That alone should tell you this is a serious company and there are like 15+ things of that magnitude.
Let’s see that audit :)
I would love for you to be correct, don’t get me wrong. I just don’t think that’s likely given how much the CEO has put into this company. And it’s already worth quite a lot on its own merits imo.
I am already loaded! Not a big tuna sadly so not like I have so many shares. I have put all my available funds into UATG and will be holding for the long term. :) hopefully we can enjoy a great ride together. Looked an awful lot like dilution today though so I was worried.
IMO Craig is correct on dilution happening today. VNDM was not on the ask past few days but now is offering 10k asks. Immediately following the AS raise I actually agree yeah that is disconcerting.
Didn’t really believe you initially, but just checked L2 for a while and yeah I agree.
IMO you are wrong or out of line in saying this CEO is just another OTC CEO. I.e. a scammer. I think at the very least he has earned the benefit of the doubt. And apart from this AS raise what doubts do you even have? I don’t have many.
You may be right and I hope you are. Thanks for qualifying and explaining your opinion :)
False and imo false. Current AS is now 3x existing OS exactly as I stated. I have read all the filings, PRs, website, etc, and don’t see anything to substantiate the view that some kind of reverse merger or merger is imminent or even desired. The CEO has explicitly stated multiple times, almost as nauseam, that he wishes to grow THIS business and uplist in the future. Not sure where a merger fits in with that crystal clear stated ambition. Acquisitions, maybe, but for 600,000,000 shares? Personally I hope not as imo this company already has a great IP portfolio it can work on commercializing for a long time. Again I am holding for long term here. Maybe I’ll write a complete post on what I like about UATG in the near future so people don’t think I’m overly negative. But it’s very unwise to downplay or try to brush off valid concerns about possible 3x increase in OS especially when company has a history of dilution.
I don’t really thinking there’s ever a “good reason” for 3x more shares? Again I am not worried here because I think the company and CEO are doing great things and I have faith, but what “good reason” do you imagine for potentially tripling the OS?
Let’s hear some news about the audit, it would be a shame to see all this strength and anticipation get eroded
Concept of a share dividend doesn't make much sense in increases and dilutes everyone's proportion by the exact same amount no change. I don't think that's why AS was raised tbh, I'll wait and see hope for the best
Love the anti digital aspect too man. People are putting their phones down at meals and actually interacting with their friends, families, girlfriends...some of us think board games = monopoly but that’s changed and nowadays these are social, interactive and friendly, perfect to converse and bond over. Even if I weren’t invested here I’d love to see SnL succeed. “Board game cafe” will be as cliche a first date as dinner and a movie in the near future imo <3
IMO SnL going to be worth billions one day. There’s just too much going for it. Basic cafe chains like Prêt a Manger are worth billions with innovations like “fresh and organic”. SnL is the biggest player in game cafes which are exploding and is gearing up to be a big player in game distribution.
I’m holding long term here, don’t mind if it heads back to 003s for a bit even
He said he had 18 million shares and nowhere near that volume was traded Friday so it doesn’t look like he just bailed on all his shares lol, but why don’t you just ask him.