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the title makes it clear
pretty clear Alex bought house not company or shareholders
any details of house purchase? address? purchase price? paid with cash or a mortgage?
new house? new car? any visible signs?
not at all
where is he making money?
OMG Hygieia has contact information see https://hygieiaskin.com/pages/contact
both a telephone number AND an email address
LOL IMO this is immaterial in the overall scheme of things.
I am bored during the shelter in place rules. Hope everyone is staying safe while the essential workers are helping all the non essential people(like me) shelter in place
my opinion is different I believe I am right.
and you believe you are rigth
only one of us is correct
Even failure does not mean scam. My constant refrain is Mr. Umbra is still trying.-yes even after 5+ years. no matter how many times he has failed he is still trying
LOL companies fail all the time that is a risk that any shareholder takes.
example mortgages-thousands of people defaulted on their home debt Mortgage company take the property back either by default, mutual agreement of through foreclosure. for the most part the prior owner had no obligation to make the mortgage company whole-pay that loss on that prior home -even though there was a valid debt instrument
example the overall market is down 20% I lost money in a mutual fund there is no one will make me "whole"
Umbra, like any other person, works for himself. He has shares in UATG, like many others, but this does not mean he has to keep working on UATG, He has the ability and the right to seek other opportunities including UCIX
I hope he creates value in UATG but there is little I can do if he fails to create that value-other than sell, or not buy more UATG-
??? so you are not now concerned
lets not nit pick words or comments. Your post and my response was regarding the current lack of news and my comment was directed to Mr. Umbra's apparent current focus
I will acknowledge that 5 years ago things were different (even 1 to 5 years
If your concerns over 5 years have not been addressed then IMO perhaps consider they never will be and modify your investment strategy accordingly
there is lack of information-during which the stock can go up,down or sideways--This is a concern of shareholders and future shareholders
Time and money are limiting factors for Mr. Umbra-right now his focus appears to be on things other than news or information
meaning your concerns of an immediately higher share price are not, for now, the same immediate concern of Mr. Umbra
different company not UATG with the $50 million in revenue
Why put out a news release to get bashed? just keep putting out products and making sales
lol then buy shares on the NYSE or AMEX
make Hygeia face masks
LOL I repeat there is no need for a response with facts and logic
I dont think logic or facts are very persuasive when discussing UATG
so increase value you would:
a) be current-However since being current in the past did not increase value why would it be any different this time?
b) release boxers-so adding a product would increase value? However UATG added products and started generating revenue yet that did not increase shareholder value so why would one more product be any different and increase value this time
the basic approach of doing more of the same yet expecting it increase shareholder value was proven NOT to be effective in the past so IMO doing something different MIGHT yield different results
IMO UCIX is something different I dont know what it means for UATG but I give Alex credit for trying
curious - What would you do to increase shareholder value?
great point but I dont think he will answer it
should he give up?
I chose to believe in the potential. I think Alex is trying to make it work. As a result I will continue to hold and perhaps buy.
If uour opinion differs from mine thats OK with me
if you think CEO is going in the wrong direction then sell
then sell
reality check- no communication from Alex=complaints
communication from Alex=complaints
No matter what Alex does is wrong
I
Interesting- before there were sales the complaint was there was no sales. Now the complaint is that there is not enough sales, or not enough inventory, or different kinds of inventory is needed
This is a sub penny stock with the CEO's name on it. IMO he is trying, he has tried some things in the past and failed too
success is not measure by how many times you fail but how many times you get up
I haven't failed
Quotes - Thomas Edison and the Invention of the Light Bulb. "I haven't failed -- I've just found 10,000 that won't work.
good point. I think Alex tried to make UATG work as penny stock play for years. Looking at the news I think he started an alternative which turned into UCIX- that process has probably been underway for about a year-
I suspect personal cash resources are strained to keep everything going
Obviously will take more time but IMO putting out UATG news after a year of silence Alex must think it is close (weeks or months-not years)
But nothing is certain particularly timing with limited cash
IMO still positive as long as he is working on it.
pump and dumps are usually fronted by someone else and you certainly dont put your family name on it if you are truly committed to trying to build something
just my opinion
Alex is working for long term gain and people on this chat board are looking for short term
bigger socks-If you dont think management is capable of ordering/manufacturing larger socks then IMO you should re-evaluate your involvement in UATG shares
It is nonsensical to believe that Alex is not capable of that but if that is your opinion, which IMO is a pretty basic skill, comparable to visiting a shopping mall and buying any type of clothing for oneself. IMO this is not a lie but really a belief that Alex might not be able to care and feed himself. Certainly not a basis for investing money into a company.
I appreciate your opinion but I disagree.
??important date of Jan 27th came and went with no report from those touting this information
Why do you say this? Is there some obligation that forces him to work at UATG for no money?
How does he support himself? his family?
IMO Alex got screwed by former management who put him in this public company and then trashed the stock. He has trying to make it work for 7 years, While all the time getting bashed on this board and probably others, harassing phones calls
nothing but complaints while he was working to make money for everyone
reality check-he should have given up years ago yet for some reason continues to try to make money for others.
life is simple
socks dont fit? order bigger socks. dont like what company is doing? then sell
not sure? then hold
like it? then buy
reality check-shares have a stop sign,
-company has little if any cash,
-CEO is determined, for whatever reason, to make it work,
-no more shares can be issued eliminating possible dilution
-selling socks is nice but without a lot of cash for inventory this does not support a public company there is simply not enough volume or profit to grow sales and therefore the company
my opinion CEO is trying to swing for the fences and make some thing big.-maybe it works maybe not--no risk no reward
Jan 27th might be important for the parties (gov and defendants) but why is outcome of the status hearing or even the trial significant for NERG?
Why is Jan 27th important?
true UATG is not registered with the SEC. But you stated something that was totally false
I agree that it was false information. However I replied to a post which said I was wrong. So I asked, show me that I am wrong.
I can readily admit that I can be wrong and do not have all the information
wrong? I did not see anything on otcmarkets which referenced the SEC litigation release regarding UATG.
If you are correct then my apologies. Could you a reference where that information is located?
Thanks
there is nothing on otcmarket which if true probably have had something.
In addition SEC would have made an order to cease trade the shares
clearly an attempt to create panic selling
wow here is link https://www.sec.gov/litigation/litreleases/2020/lr24718.htm
no mention of UATG
SEC Charges Eight Unregistered Brokers for Their Participation in Fraudulent Offerings of Microcap Securities
Litigation Release No. 24718 / January 16, 2020
Securities and Exchange Commission v. Drake et al., No. 2:20-cv-00405 (C.D. Cal. filed January 15, 2020)
Securities and Exchange Commission v. Brooks, No. 1:20-cv-20176 (S.D. Fla. filed January 15, 2020)
The Securities and Exchange Commission charged Gregory Drake, Scott Messier, Jay Scoratow, Jason St. Amour, and David Wolfson with fraud for their participation in a matched-trading scheme involving dozens of microcap securities. The SEC also charged Thomas Brooks, Stephen Grossman, and Stephen Moleski for acting as unregistered brokers in connection with the matched-trading scheme.
According to the SEC's complaints, between at least December 2014 and March 2018, Drake, Messier, Scoratow, St. Amour, and Wolfson ran boiler-room operations to carry out a matched-trading scheme to enable shareholders of microcap companies sell their shares. Solicitors working for the boiler rooms, such as Brooks, Grossman, and Moleski, allegedly cold called prospective investors and convinced them to purchase shares of microcap companies in the investors' own brokerage accounts at prices and volumes that were coordinated by the boiler-room operators and the selling shareholders. The complaint alleges that selling shareholders simultaneously entered sell orders at the coordinated prices and volumes, making it highly likely that the selling shareholders' sell orders and the solicited investors' buy orders would match. Through this matched trading, the selling shareholders were able to offload their shares into a ready market.
The SEC's complaints, filed in federal district courts in California and Florida charge Drake, St. Amour, Wolfson, Messier, and Scoratow with violating the antifraud provisions of Sections 17(a)(1) and (3) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The complaints also charge Drake, Grossman, Moleski, St. Amour, Wolfson, Brooks, and Messier with violating the broker-dealer registration provisions of Section 15(a)(1) of the Exchange Act, and charge Scoratow with aiding and abetting Messier's violation of Section 15(a)(1).
Drake, St. Amour, Brooks, Messier, and Scoratow have consented to the entry of final judgments that impose permanent injunctions, conduct-based injunctions from soliciting purchases or sales of securities, disgorgement of ill-gotten gains, and civil monetary penalties. Wolfson has consented to the entry of a permanent injunction and an injunction from soliciting purchases or sales of securities and reserves the issues of disgorgement and a civil penalty for determination by the court. The settlements are subject to court approval. The SEC seeks injunctions, disgorgement, and civil penalties against Grossman and Moleski.
The SEC's investigation was conducted by James Thibodeau and Laurie Abbott, was assisted by David Whipple, and was supervised by Daniel Wadley, Regional Director of the Salt Lake Regional Office.
The SEC's Office of Investor Education and Advocacy has issued an Investor Alert to encourage investors to check the background of anyone selling or offering them an investment using the free and simple search tool on Investor.gov.
SEC Complaint against Gregory Lamont Drake, Stephen Kenneth Grossman, Stephen Scott Moleski, Jason David St. Amour, and David Alan Wolfson
SEC Complaint against Thomas Troy Brooks
SEC Complaint against Scott Charles Messier and Jay Zola Scoratow
Enforcement
Accounting and Auditing Enforcement Releases
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Information for Harmed Investors
Litigation Releases
Opinions and Adjudicatory Orders
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Modified: January 16, 2020
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