Slow and steady wins the race
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.
This is why we found that company newly registered in FL 2 months ago! They are definitely moving forward on a plan to uplist. I also wonder if this means they are exporting socks now and to where?
Wow! This press release all but tells us what’s coming. I have very little doubt now that I was right about what they are doing. Ceo mentions m&a as an example and then the part where they confirm acquisitions! This was an unusually short but brief press release. Almost like they were trying to put it out there under the radar.
This is the beginning. We should start hearing about a merger and uplist soon. IMO.
This was pretty big
It seems weird but I could be imagining things. Who knows, you might be right. Just have to wait and see. This company has really been a roller coaster of a ride. Just like to see it settle into something that looks more like my other investments. It’s the only one I have that has given me trouble. I started looking at other pinks but quickly came to my senses. Lol.
As long as the market settles down and Wall Street knocks off their games I should be ok. Dow is coming back but I suspect that won’t last. Inflation and politics are scaring everyone so the next few months heading into the midterms might be pretty rough. Not that any of that will effect UATG. Their too small.
Hopefully we get a year of some real good growth and positive outlook in 19. One can hope right?
2020 might just be the year I decide not watch tv because the elections are going to be unbearable.
Sock review on Amazon and Company website!! Please everyone go to both places and post good reviews.
Good idea. Everyone please do a sock review on Amazon!!! We should be helping the company in any way we can. It actually helps us as well
Did you notice the 30 day average on OTC. Almost 20M/day. Something is telling me that the increased 30 day, the timing and the company interest in nt wanting to see the stock spike up means something. It has to be related to a merger in a way that effects the share structure after conversion. If we knew what the company was and its share structure we might be able to figure things out. Any ideas?
Not that hes told me. Hes in TX, VA, DC, NY, FL, NV and FL the most that I know about. Hes been to NC as well but the thing to remember is that he does a lot of meetings with the government. I believe he still consults based on my conversations with him and a few of the politicians I know that know him.
I was just on UATG Youtube channel looking through the videos and saw a new one. I only got to watch it once then it said it was no longer available from user? Now it seems to be gone completely. Anyone see the new video? It had a bunch of action and athletes doing a bunch of sports. I believe it was for the Hygieia high performance stuff they mentioned
It just occurred to me that ceo does NOT have to disclose it yet because they are alternative reporting!!! Very clever. You are probably right about the insiders buying. I will add more tomorrow.
Ahhh good point. It could be insiders buying! I didn’t consider that. It the ceo does though he must disclose it!
Not sure. Doesn’t really make sense unless they needed a higher o/s for some reason.
It’s difficult to figure out when the plan is so complex. There has to be a reason. Anyone have any ideas?
Is it me or does it seem odd that they released the video and announcement after the close? Seems intentional to me. Why would they not want to get some momentum out of it unless they dont want stock price to see a boost from it? They dont make these types of decisions by accident. Something is going on here. I think they might want pps down because maybe they are the ones buying? I could be paranoid but..
Those boys sure do know how to make some good videos!
Has anyone seen the email the company sent out announcing launch of Hygieia on Amazon?
Video:
This company did almost 400M shares last week (I estimate around $800k in volume) and the stock stayed about the same. Why would the stock go down further with lower volume this week?
It seems like the more attention this stock gets the more agenda driven folks join this board. We have tried to keep this a board that shares information and DD so we can help each other but lately I’m losing hope.
There have been NO r/s in this company since they took over 5 years ago. I have been here since the beginning and I am 100% sure that the claim that this company did a r/s in the common stock is not accurate.
I wonder what motive could be behind such a claim?
Forgot about that. Yes. He said Amazon is in the works. He also said he was disappointed in the process with Amazon. Apparently there were issues and delays which he wasnt happy with
My partner and I got off a call with one of our attorneys about 30 min ago. I had called him last week to ask a few strategy questions about UATG. He has been my attorney for more than 20 years and was involved in the transaction that preceded UATG with the previous management before UAT merged with the old company and became UATG. He looked into everything going on recently and got back to us this morning.
I wanted to confirm my suspicions of a pending merger and the recent 3a10's the company did. He contacted UATG's legal department and subsequently spoke with the ceo as well. Also, the ceo called me this morning while I was on the call with my partner and attorney. I spoke with him after and will get into that shortly.
Our attorney agrees that if the ceo is what we both think he is then all signs point to a merger of some type. In all likelihood it will be a reverse merger or UATG being bought by another company. I dont see this ceo giving up control so we looked into companies they are or might could be related to in some way. NextCast was a good candidate but they are not public and have filed nothing to go public. He did find some patent applications related to UAT technology but nothing with another company (They have a lot of patent applications in recently). We dont have a company identified but have narrowed down what they would look like so we should all put our heads together. The company they are going to merge with will most likely have the identical cap structure, be fully reporting QB or QX, be revenue positive, be a technology company that fits into UATG existing business model, Be trading at a minimum of $2 pps and have existing market liquidity proportional to UATG based on the pps difference.
Our attorney did bring up something that I found very interesting didnt know and didnt think of. He said that a 3a10 could be used for acquisitions! This fits in with the last shareholder letter so I am thinking we will see another filing that outlines the company buying another company. It could be the company they are looking to merge with for the purposes of uplisting. I asked if they could have done the previous 3a10 filings to merge but labeled them as debt. He said no and that would be illegal to his knowledge. One take away from the call is that we all agree that what the ceo is attempting is difficult, complex and not common. To me this shows the sophistication of the management team which says a lot considering what they started with. They were greenhorns in the beginning that got taken advantage of so its good to know that they got caught up!
It is my opinion that the current ceo is already involved with this new company and may even control it in some way without it being publicly made available. He would then take control of new company and take it to NYSE IMO. That is the only logical outcome IMO.
Now for my brief conversation wit the ceo. He called to let me know that he had spoken with my attorney and that if there was anything else I needed to let him know. The reason the ceo had to speak with my attorney is because legal could not expand on some of the information as it was not publicly available information and only the ceo could make the call as to what he would be willing to share. He told me and my attorney that the company was preparing to uplist and that they are on schedule to do so. He did mention a few things to me though. He told me that he could not confirm my suspicions but did caution me on speculating publicly (hes not going to like this post) as there are those that would trade off of such speculation which could be detrimental to the companys agenda. This was interesting because if I was wrong wouldnt it be detrimental to the shareholder? I think my suspicions are very close to being on the nose. He also said news is coming and it will be the beginning of a series of press releases that are scheduled. He told me to "be patient, buckle up and enjoy the ride" because apparently there is going to be a deluge of information coming out in the coming weeks. He wouldnt say what news or what it was in reference to or if it was good or great news (I asked).
I have to run out to the barn for a while but will be back later if anyone comes up with anything
I agree so long as after the o/s is done being increased there is a merger that restructures everything within another company. I need to see continued movement in the direction of nyse/nasdaq. I am expecting to hear something about a merger and uplist to at least qx this month. We are running out of time and the management needs to move faster than they are. I give the man a lot of credit for sticking it out and turning things around and for finally delivering a product. I also give him credit for creating revenues for the first time in the companys history and for creating market liquidity the likes this company has never seen but now its time to take the next step and build on all the "successes" and improvements!
I have been around 5 years and am getting impatient. I had hoped to hear about contract coming or something by now. I do understand why we havnt heard anything IF we are doing an m&a and IF we are going to nyse this year but if we are not than there is no excuse. Best I can figure we would need to merge or be acquired (unlikely because I cant see this ceo giving up control) no later March if he really intends to go nyse/nasdaq. I could be wrong but a lot has to happen between now and the end of the year for that to happen.
When I spoke with the ceo a few weeks back they already completed 4th of July shareholder greeting cards, were finishing up summer apparel line-up and were already working on Christmas cards and the Christmas season holiday marketing program for hygieia products so they obvioulsy have a plan laid out that is forward looking. This makes me hopeful but I am nervous about uplisting by the end of the year.
At these prices, spending $10k will almost guarantee a several times multiple post M&A transaction. IMO.
I have increased my UATG holdings because I think the conversion will hurt my higher priced equity. The cheaper shares are going to save me
I bought quite a bit this week. It really helps lower my cost average
I will start putting something together to share what my experience has been with this company and what I think overall. I have shared a lot on this board about the company’s history but it’s been a while and we have a lot of new folks here that might be interested in learning about the company. I will sit down later today and start putting things together.
I doubt we will see an a/s increase. They increased it twice almost back to back to a specific number. This is where they want to be for some reason which is why I think the company we are merging with has the same cap structure. If we find that company and buy shares in it we will see serious gains. Thats why I was asking for everyone to help me figure out who we are merging with but then everyone wanted to complain and call names. This should be about helping each other figure out how to see significant returns not what its become.
Requiem? Thats a bit dark and dramatic dont you think? funny though
Wow! Just came in to get cleaned up before lunch and we have already done 54M in trading! I wonder if this volume is the new norm? Just need to do this volume at $2 pps and we would be in great shape! lol
Anyone else here taking a a bath on MCD? Its a good thing I have been in so long but seeing an almost 7% loss is something we havnt seen for some time. Looking at more red than I would like in the portfolio
Thanks for the sober post. It’s needed here lately. Ceo has already said that a lot of the liquidity is due to note conversion. I don’t recall which two people other than myself spoke with him but it seems he told all the same thing which is good. I like consistency. I have been around since the beginning or really since before they became UATG and I am confident that the company’s intentions are good but have always reserved a little doubt about their ability to deliver. Intentions are not enough and don’t turn into dollars. Experience and brains do so I have always been a little worried. Over the past two years I have seen a lot of growth and have become more confident but being sub penny is getting tough to look at. Hopefully this merger takes place soon.
Someone said the ceo was mad at us and now you say he hates us. Why? Did something happen or did someone speak with him? I keep missing parts of the day when I have to step out. What happened?
Don’t get me started on losses. I can’t look at my portfolios right now. Just got to ride it out until the public gets use to inflation and understands why we are where are. I honestly think Wallstreet comes up with excuses to shake things up. There’s no reason for the market to be doing what it’s doing now to such an extreme.
I think UATG will come through. Question is when? Sooner rather than later hopefully
That means there is a lot of support and interest in the stock. A good sign for sure. Now if we can just figure out with who and when they are going to merge with so I don’t have to look at this pps anymore.
I honestly have no idea what you are talking about now. They are building a sock business. lol Thats why they have sold $80k worth in less than 3 months.
YOu should call them
Looks like its not MMS pushing pps down. 7.2M shares out of Etrade. Someone is manipulating us down either because they are shorting us or trying to create a bounce so they can make money both ways.
Tyaz? Do you have any insight to this sir? lol
Someone got under his skin? What happened? How did I miss that? What did he say?
Those are concepts or under development I believe. Also, it takes money to manufacture and actually deliver products. One thing at a time is more efficient
well I might have to agree with you on that one. He seems to have made a few mistakes over the past few filings. It might have to do with the auditors and legacy issues but the they should all check it twice before making it public. Its just unprofessional and not what a NYSE/NASDAQ company should do (if you want to be like them right?). They need to get their rears in gear and finish these audits, file S-1 and make the announcement of when they are uplisting, merging or whatever. I know things take time but I personally would like to hear about what progress we have made and where we are at on things.
ceos dont do financials. CFO's do. At least hes not the only one working at the company. Must have something to do with the audits
Where did the company/ceo make these claims? I have never seen that. Please post link where it says they have batteries 100x more efficeint than duracell
And what do you think they are going to say? We are sorry sir we had to pay our debts but now that you mention it we will call the whole thing off just hold for one second while I get the judge on the phone to have him cancel a court order, call FINRA and SEC to cancel our shares and get our shares back out of the market, have the vendor we paid send the money back and while they are at it solve world peace. lol. None of that is even possible. Complaining will accomplish nothing other than possibly allow people to direct their anger out on people who had no say in any of this. Investor Relations are employees. Unless you are suggesting everyone here call the ceo? Of course then he is answering calls instead of doing his job which seems to me at least like a really bad use of his time.
I suggest we work together on DD and trying to figure out who they are merging with. The company has to be public and seems like a good opportunity for us to make some money on that side as well. JMO
GM UATG. Hopefully we get some news from the company today. If we don’t hear anything today it will most likely be next week because I doubt they will put news out on a Friday.
Ceo did say something was coming out “shortly” so a man can dream right?