Slow and steady wins the race
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Hes already said hes held back news and that they would be releasing it over the next 90 days. Why do you think he would do that? to support a conversion via a merger maybe? Hes not stupid, hes calculating. As for trusting him you should ask around; I have yet to run into one single person that actually knows him or has worked/served with him that doesnt describe the man as a boy scout! You should hear how folks talk about him. They love the man. Hell my lawyer went from thinking he was part of the past management and wanting to sue him to inviting him down to securities conference last year! They spent 2 days together and now Mr. Umbra walks on water with my attorney!
How are you going to replace the guy who started the company, runs the company, has all the relationships that support the company, helped design a lot of its technology and is the one with the security clearances and network to bring contracts? That would be very foolish and suicidal. The man leaves and this company is over! I say we give him until the end of the year before we call for his "impeachment".
I agree with this. Today is the last day subpenny gets cleared through Alpine so none of their broker dealers will be trading subpenny tomorrow
It will be big news when it happens. Its alot of products to deliver to market at once. Very expensive. I applaud the ambition but question the feasibility. I do think hes going to try but its a tall order. how many products does Apple launch at once and they have over $200B in the bank!?
I understand your point t I dont agree with the premise that the company is fraud. Just nothing to suport such an accusation. You are obviously invested in the company and are upset (justifiably) but that doesnt mean the man is a conman. Hes made mistakes as well as successes. The company is headed in the right direction. Share price is not the totality of a company (albeit it may be from our perspective as traders) IMO
I dont think the man is a liar. I think hes ambitions and so are his timelines which is why he is behind schedule. He takes shareholder calls and returns emails. Ask anyone here who has actually taken the time to contact him. Hes always polite and professional and clearly is very knowledgeable abuot the public markets. Hes smart and hes tough but he is very patient and disciplined. Hes a special forces military guy and an intelligence guy. These types dont quit and dont lie. I believe he has every intention to deliver the goods but that doesnt mean he will be successful. It just means he wont quit until he gets there which is in our favor. Hes a very likable guy and I believe hes trying to make good on his promises. I absolutely do NOT believe hes a liar or conman. No way! He is very well respected by elected officials in DC and elsewhere and I have to believe there is a reason for that. He got dealt a band hand with this company and appears to be making the best of it
They would not have been included if they were not DWAC'd to their account. They can convert without delivery and be held
THERE HAS BEEN NO "BIG" NEWS. Lord this boy could screw up an anvil
Wow! More fabricated conspiracy theories backed with absolutely zero effort in DD. This is the exact sort of thing I am talking about. Lazy. This isnt the old ladies club meeting at the corner laundromat where you come to vent about your no good husband. Stop complaining and actually bring something to the table we all can use to figure out how best to trade this stock.
So I just spoke to the man himself and this is what he said:
Hes aware of the high volume and they looked into it. The vast majority of the selling was from a previous held position via the 3a10. Apparently the company that did the 3a10 was holding sahres because they believed the pric was going to go up in the next 90 days (I find this number interesting-what do they know that would cause them to hold getting rid of hares?). That all changed yesterday after the Alpine call because they are being forced to liquidate all their sub-penny shares. He said the number of shares sold because of the 3a10 held shares was under 40M shares. The rest (40M or so are from other broker dealers that were forced to liquidate sub penny shares as well.
He said there have been NO NEW 3a10 or conversions! The company has issued NO shares in the past 30 days!
Something else I found interesting, I am literally the ONLY one who has called him on this issue in the past 2 days! That means that everyone here complaining and accusing has not so much as called the company to ask what is going on! When is this board going to start working together instead of letting flippers and shorters make the loudest noise? Facts = good decisions. Due the DD and stop being lazy
The man said they releasing a lot of news over the next 90 days along with new products. I have been in for 5 years whats another 90 days. In fact Im going tell you like I told him, I am in until the end of the year. If he doesnt perform by then then I need to consider other options. I am too old to give this another 5 years
You forget that the ceo started this company with his own money and it was significant. I would venture a guess that he is down more money than most and has invested in the company for more than 6 years (it took him a year to get the company started). He could have quit at anytime but stuck it out and turned it around. Thats not what crooks do and its not what liars do. I dont like how long its taken but I am not going to throw the baby out with the bath water either. Patience is the solution for me. You ask how long you should support the guy...,As long as it takes. He hasnt lied to me once regardless of what is said on this board and as far as I can see he hasnt lied to any shareholder. They said they were getting things done and they seem to be doing just that albeit well behind schedule. Being late is not the same as not doing it all
I would agree that it is not common and not typical but its not accurate to say its not possible. Companies have done it before and neither corporate law or SEC Regulations would not prevent them from selling the company to a company with a higher price per share. A Merger is literally the only way I see it happening to be honest.
It could be from one of the previous notes but It is my understanding that the conversions were already done. The volume is due to the Alpine situation more than likely not some new deal. Also, there are no new court filings for any other debt conversions. The curt records dont lie. If it is a conversion then its from one of the previous deals that has already been made public. The company can not sell shares nor can they cut new paper to trade. There is literally now way for them to do it and the CEO can not sell shares with out a filing
I thought someone posted the O/S the other day?
No, thats actually common knowledge. Thats why so many flippers trade out of foreign firms. You dont actually believe everyone trades out of just one account do you? Its a way around U.S. securities laws
God I hope so. Then we can shed the negative folks on the board and get to the business of building a company. It will sting in the beginning but lets rip it off like a band aid!
Not that I think he will do it. I have practically begged him for over a year to do it. No, I think hes doing a merger and uplisting and I think its already in process. we will know soon enough I guess
O/s has not increased. I do not see what you are referring to
Easy. I have no choice and the facts support what he has said. He had a company at higher pps but it never traded and there was little interest in the company. The company had NO revenues and few viable products. The company had no money to speak of and their were rats in the ship. In two years he has delivered a product to market, developed several viable products and has a company that has a lot of interest and market liquidity and revenue for the first time in its history! He has hired auditing firms and legal teams to clean the company up. He said hes going to uplist and all indications are that he is in the middle of doing just that. Its not all on the surface as it shouldnt or couldnt be but that doesnt mean that its not happening. Look at all that has happened in the past two years. You say thats all bad, I say it was necessary. What people dont like is how long it is taking which is exactly what I warned him about when I spoke with him and it is why I said he should have done a r/s over a year ago. People dont have the endurance or patience to go along with a plan that has so many steps. They are short sighted and will complain, accuse and blame him for every little thing they can think of. He said hes aware of this and can take the criticism. I think it was foolish to trust that shareholders/traders would have the vision to support a long term plan but thats what he chose and hes the boss. I also do my DD and see nothing that supports fraud accusations or anything illegal. I go by facts not emotions. I have far too much money on the line to let emotions influence my decisions
Traders out of South America and Canada can short as well
What has he lied about?
Hygieia is a UAT brand. I do not believe they are partnered with a Hygieia company they are partnered with a manufacturer to produce their textile.
Conversions are done not because Mr. Umbra says it because the court ordered 3a10 says it! This has nothing to do with company "dumping" anything. Follow the facts
Ok boys and girls grandpa has to get cleaned up for supper with the grandbabies. Hopefully tomorrow will be better trading day. Have a good evening
Like I said, unchanged. No dilution
Are you reading my post? I did not say NOTHING was his fault. I said EVERYTHING cant be all his fault! If you believe everything bad is his fault then what about the good? Did he do that or was that...you? Who?
Absolutely
Market makers DO buy shares! Are you serious? That is exactly what they do and when they are not buying they are leveraging against our deposits! They have way too much power! If you or I did any of what they did we would be put in jail! Have you not seen the T-trades? Who do you think is the only one legally allowed to order that?
Why dont we just wait and see if the Authorized or o/s increases tomorrow before we jump to conclusions? Everything cant be Mr. Umbras fault every time can it?
I agree. MM's are probably capitalizing on this as well.
I completely agree! I say they sell out of all their shares and let us ride this to the top!
I said nothing about a good deal. i said it was not dilution. Unchanged O/S and authorized prove that. People panicked on whether they were going to be able to clear their shares and sold off. They were probably ALL flippers who were going to sell anyway
Mr. Umbra mentioned uplist almost 2 years ago. lol. There is no pump here. If there was the price would have gone up not the lowest its ever been. Thats not how a pump and dump works. We have been hearing about pump and dump for months from folks who clearly dont really understand how fake companies do pump and dump. They do it to pocket money which is why they drive the price up not down! Price has been below 0.002 for 3 months!
I doubt very much that was dilution. It looks like everyone panicked that was holding stock because of the Alpine issue. Apparently there was a conference call today where they informed all the broker dealers that they would not clear anything under a penny because they would be required to cover the difference of any sub penny price up to one penny so if your stock trades at 0.004 the Alpine would have to put up 0.006 in collateral until trade was settled. That gets very expensive and they cant afford to do it apparently
BMIC (I believe is Merrill Lynch) will no longer clear and thing under penny for Alpine. They are not under investigation that anyone knows of. I dont deal directly with Alpine, does anyone hear know anyone at Alpine they can call to see if they are going to get this fixed?
Looks like all the stuff on Alpine is from 2017. I have a call into my broker. I am sure he will call me back
What Alpine event? What happened?
Wow! I take one day away and all hell breaks loose! Where the heck did all those shares come from!?
The military only uses one type of rifle at a time? lol I am not worried. Last I checked the military uses MANY types of guns
Hygieia is UAT technology. Its literally everywhere. I am not sure I understand what you are saying?