Disclaimer: All of my posts/comments represent only my personal opinion and should not be interpreted as professional advice under any circumstances
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I hope not. Hasn't he learned his lesson yet? Just do what every other damn CEO does and shut up! Let the Q speak for the company!
I thought this guy said he wasn't doing anymore stupid videos or tweets! Did he walk that back too? There a video today? post link where he said that so I can read what he said exactly.
I sure hope not!
I do believe they are doing it but the liquidity issue concerns me so I am not sure I will get too realize it quickly
I don't think the financing was easy to get.
I am up and have been up. Been in for a while and bought plenty in the trips in 2018. Unless they go back to trips I make money. Makes it easier to not get too pissed. I have already given up on this as a retirement package but I will make money either way. It will take time to realize because of market liquidity and other issues but its still a nice roi.
Nothing to defend. You are 100% correct. Doesn't mean the stock is worthless. A lot of money can be made here. If that wasn't true you wouldn't be here right?
100% you are correct about what they have not delivered but he has also answered for all of it. He explained all of it but somehow it keeps getting brought up as if it's a new failure. It's been explained so I move on. We are where we are. I don't get the issue? Also, how many CEO's in companies you are invested post messages on X late night, early morning and over weekends where they are speaking with shareholders? How many e-mails have you gotten around the clock from ceos of companies you are invested in? You have said repeatedly that you won't call or email this CEO so I am guessing you haven't spoken to any. The point is he has always made himself available and always responds which 99% of OTC companies (and many NYSE/NASDAQ) do NOT do. That counts for something with me. I don't think he has outright lied, I think he has failed which might even be worse to be honest. He is now making some smart moves that seem to be leading the company in the right direction. We will see.
Again, I am not defending him. He has screwed many times and I have said as much. What I pointed out was that Tbear should have handled it differently? You can't get pissed off at a guy that you call names or are unprofessional with when he decides to end the discussion. He brought that on himself. In fact they both did but that's really not the point.
I am not the Alex and everyone knows it. I have criticized him many times. If I was the CEO I would have done a rs 4 years ago and got rid of most of the other companies. Plenty of history of me pointing that fact out!
If you were half as objective as you pretend to be you would see that I was not defending Alex but pointing out that Tbear was just arguing for arguing sake. If you start calling the CEO names on their company page what do you think is going to happen. He went about it the wrong way.
I agree that he has made some very smart and strategic decisions lately but he waited far too long. Many of us here knew Estrada was a loser and he should have known as well. I also have no problem with oil and water being the business model because they are some of the most valuable commodities on earth but he has to execute. So far it looks like he is doing just that so I am staying until he proves otherwise.
No one here thinks Alex can do no wrong. The guy has screwed up MANY times IMO but I also don't ignore what actually has happened that took the company forward. I would also add that most people here use this board to bash the company so I have no idea what you are talking about LOL. One example would be someone saying that they have been on their board for 10 damn years but they just joined in 2022. It's just to bash and not use this board to help each other which is what it was SUPPOSED to be for.
I NEVER said I was dumping in order to tank the stock. I said I was selling and when I was asked if I would dump all at once I said I would trickle it out. Go check! I also later spoke with CEO and decided to give them another year. I told everyone on the boards about my conversation and what I decided. You can check that as well
Thanks. I didn't see that. Was it on X?
It's insane how much energy you put into being a condescending douche. The community is here to share and help each other not to make you feel superior to others. I also find it interesting how you go pout of your way to slam a stock you allegedly don't own when its down but disappear when the ticker goes up. Just sad that you need so much validation. Oh, and thanks for not answering my question at all.
Where did the company say there were delays? I don't see it anywhere. Can someone please post a link?
Name one company that hasn't had a delay on a new product they have launched? Even AAPL has had delays and they are worth a cool Tril. I do expect the first iron system to be onsite though. What I am waiting to see is how it works out. New technology always has hiccups.
The truth is that none of us know what's going to happen but it looks like things are finally headed in the right direction. NO ONE will actually KNOW ANYTHING until they post revs in the Q! Once the Q comes out we will know what way things are actually trending. He launched a company in middle of the pandemic and went from $0 to $2.5M in 2 years which is good but not earth shattering. Maybe he's learned something and figured out how to put the $50M in contracts into the company bank accounts.
Ossifix had no reported sales that I saw in the Q's. They announced surgeries but never told us what the revs were did they?
Weather finally broke yesterday. Components being loaded in. Assembly has begun! AU pic.twitter.com/BLqlSQGFzp
— UAT Group - UATG (@UmbraAppliedTec) January 18, 2024
Trailers done by tomorrow then off to get finished.
A pic of a trailer skinned. Both should be out the door tomorrow to have motorized roof installed about 50 miles away. Then off to Colorado so we can install our tech. I apologize for the poor lighting. I will get more pics for everyone in coming days. AU pic.twitter.com/IfyGpX7OmC
— UAT Group - UATG (@UmbraAppliedTec) January 11, 2024
they trip over dollars to get to cents. Very shortsighted.
CEO said that the people they use (subcontractors) were on vacation during the xmas break. Only UATG people were working so I doubt they are going to have pics this week. most companies took this week off anyway.
No. It's been a while. I am waiting to call him. I use to call all the time but he really doesn't like to talk about things until after they are announced so it seemed like I was overstaying my welcoming if you know what I mean. He's a nice guy and always takes the call so I don't want to burn the bridge. He's literally the only CEO I have called that always takes the call or calls back.
I believe CEO said that it takes about 2 months to turn cashflow which triggers $5M in SBA funds once they have proven cashflows. He said that in a video. They also have 4 in production not two. It's two at a time I think and they are expanding as they go. He also said that they are in production and will continue production for whatever that's worth. Time will tell IMO. Cautiously optimistic about them fulfilling all their contracts plus the 6 he said are waiting. That's easily over $100M in revs if not $200M in revs IF they pull it off. You're talking a lot of money needed and a lot of manufacturing not to mention the man power needed to run all these things. I think they can potentially finally realize the original $50M but beyond that is just too early to tell IMO.
this is the year
They posted pics on Twitter of the first two trailers being completed. They must have several in the pipeline. This is huge actually.
Tell me about it! Lets hope hes finally close.
What do you mean "staged"? Estrada has been allowed to get away with this crap for too long and Alex should have put friendship aside and cut Estrada off. As soon as Alex c cancelled the contracts with Estradas companies he sued Alex. He also lied to a court it seems. Alex better have plan to deal with Estrada and his BS or else I am out. He has until end of first Q with me unless I am told something else by my attorney.
Company has been around just over 10 years with Alex as CEO and not performing is different than intentionally lying. That doesn't make Alex a good CEO or anything great at all but Estrada clearly lied which is why he sued Alex when Alex terminated the contracts. The real problem I have is, what happens to all the money and stock Estrada was already paid? Why do we as shareholders have to pay Estrada and why does he get to keep the money and stock if he never delivered a damn thing? Company never made any money off of anything associated with Estrada. EVER!
Of course. I doubt he intentionally misled anyone. he definitely screwed up though several times. He was way too optimistic in the past which is why he is the way he is now. He should have been more hands on with the companies and should have cut Estrada off years ago. Estrada on the other hand is a scumbag for sure.
Court documents said Estrada wasn't paid. Read the company disclosures for the past several years. Estrada was paid!!!!! Something is wrong and it's obviously over our heads. I have someone looking at it who actually practices corp law
Looks like UATG didn't respond to any of it so the court relied only on Estrada? Something is up. Easy to win a case if it isn't defended. Alex's attorneys must have some type of plan. Maybe Estrada did what he's always done and lied which is what they wanted? I have no idea. the whole thing is crazy.
Don't tease me. A few of us have been begging the company to do a r/s so we can stabilize the pps and trading. CEO refuses to do one until who knows when. Its sort of ridiculous if you ask me but I also understand his explanation.
Looks like its all Hygia
That's just tax strategy to offset the costs and reinvestment. They carry debt like every other company does. The cream crap generates millions. Who cares as long as they make money
Skin cream is making them millions.
The Q had a lot in it and most of it shows the right direction. We will see how the legal stuff goes but I for one am glad they got rid of Estrada. Guy was a con artist and everything they did with that guy was a catastrophic loss. A quick search into Estrada shows everything he's done has been a failure. All dream ideas with no follow through. Alex should have cut his buddy loose years ago and the proof is what just happened.
Good point. I and others have been compiling about Estrada for years. Alex should have listened but wouldn't. H2O is good with me though. Let's hope he doesn't disappoint. It's taking way too long but I still think the guy might pull it off. If he does it will be HUGE!