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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Look, you can be a smart ass all you want but I literally do this for a living. I have been a part of many companies going public as well as many M&A transactions. I have spoken to many CEOs over the years about this very thing and watched as many of them made mistakes. While this my be my initial foray into OTC the fundamentals are the same. f the half dozen companies in OTC i have got involved with this is literally the only one that has a chance to actually uplist and grow. You might want to get back to the fundamentals, review the numbers and start running some calcs against real companies on NYSE/NASDAQ because hoping and wishing based on magic will not get us to where all of us want to be. This isnt a movie - its my money!
With the A/S maxed how does a r/s preferred series that does not have a cusip and does not trade do ANYTHING productive without a increase to authorized to support conversion which would be BAD! Amateur!
Yes. Looks like they were taking UATG or probably just UAT into UCIX but that plan was nixed for some reason. Looks like the people that were selling them UCIX screwed up and UATG cancelled. PR went out on the 12th about it
R/S on Preferred does nothing for us. literally changes nothing.
I agree that if this thing gets to $1 it would be nice because R/S would be minimal but at a R/S to $4 you would be looking at an O/S of 250M which would affect how much they can decrease the A/S. I would like to see an A/S around 300M but with an O/S of 250M it would not leave much room for investment bank raise. Of course if they Reverse to $5-$6 then things change but I doubt very seriously that a CEO who hates splits is going to be that aggressive. If he does one it will be conservative. He has to be all in or he runs the risk of falling below minimums if those who dont get it bail and push too hard downward. Depends on how savvy the UATG shareholders are I guess. Penny traders dont really look long-term they just like to flip, keep accounts flush with share count over dollars. My opinion of course. I hope I am wrong.
Finally, someone gets it! Now if everyone would just call the CEO and demand it we could get this thing moving!!!
I will never understand why everyone is against a R/S here. When I called for the company to do one 2 years ago it was like I called everyone here a bad name. The company really needs to be restructure and it would be a GOOD thing, The CEO might have said he doesn’t like to do R/S but they exist for a reason! Not every R/S is a catastrophic event. He needs to lower the authorized and have a higher pps to get on NYSE. He does that and we DO NOT lose money! We will make money and have more stable investment!!!! IMO
Personally, I would like to see a reverse split to at least $3-$4 which would leave a nice float in place and then lower the Authorized to 300M shares. That’s a real company and one that can build its pps over time on the micro caps. Watch it grow and move up through the NYSE. That is realistic and would show me that the CEO is serious about building a major company. He does this and we could be watching another AAAPL or GOOG. OVER TIME!
Getting reversed out is a myth if its done properly and as long as they don’t do a large issuance. They are going to have to do some issuance if they want funding in NY and hope to capitalize the company. Every company does it especially companies that want to grow. AAPL, GOOG, FB, etc. Its actually a good thing for us and its what serious companies do if they want to hire people and expand. It’s the whole reason to go public in the first place – TO RAISE MONEY!!!!
If they do a R/S and raise money at $3-$4 a share they would not have to do a large issuance. At $4/share they could issue 3M shares to an investment bank and raise $12M !!! Do you have any idea what a company like UATG could do with that money!? Think of the products they could deliver and revs they could generate! Manufacturing and hiring people cost money and so does marketing. This company is undercapitalized and a raise will take them to next level. IMO
I wish everyone here would write the CEO and request he do a R/S and lower the authorized. I have asked him many times for years at this point and he refuses. I just don’t get it. Maybe one day he will see the light.
I cant be the only one that sees this
Incredible!
Good morning everyone! Pre-market is looking good! I was on twitter and someone there posted a response e-mail from the CEO. I also saw a post on Reddit that discussed an e-mail they got from the CEO as well as a few people talking about how he returned their calls. Seems he has been getting a lot of e-mails asking about the company. Hopefully people don't burn that bridge with too many e-mails and calls. CEO has always been good about returning calls and e-mails. People are pretty excited about having a transparent CEO that doesn't hide behind call screening
That last trade was intentional! Why would anyone drop their holdings 10% right at the close especially in this market knowing we will probably open low in the morning? To make less than $2k knowing you lose in the a.m.?
Low V today. Looks like there are a lot of smart investors staying out.
I dont know how many here are trading today but I have been out since 10:00 this morning. Yesterday we barely traded. Looks like the best move is to stay out while market adapts to news and numbers.
Dont forget that UCIX cancelled all M&A contracts and it appears that all the companies are going to UATG now. I expect we will see another 2-3 companies put into UATG. If they do it like last time it will be all at once. Market cap here could grow quick.
Flippers will be priced out as pps increases and when company files to uplist most penny guys will jump ship. Too rich for their blood. OTC is different universe. Guys here like share count over BIG ROI's thats why they are flipping and holding pps back instead of buying and holding. Most will miss the next Amazon, Apple or Google. UATG could be something like one of those companies especially since they are obviously setting their busy model up the same way Bershire did - holding company with many subsidiaries in different markets. With revs being announced soon and products being released this company could go big. IMO
THEY HAVE REVENUES BEING REPORTED "SHORTLY"!!!!
"The Dreaming Company has exceeded my expectations in every way and its success is evident in the impressive Hygieia Skin Care revenues that we will be reporting shortly."
4 min left up 25%. If we could just get people to stop bid whacking and hold we would be at .10
Why would you bid whack it will lower the price! Slap the ASK!
Without question this company has the tech to get to $1 with current cap structure but I think it would be better structure to RS and be at $2-$3. Either way there is no denying that this company has untapped value and its current pps is seriously undervalued
Depends on what news comes forward on pending contracts and mergers but I think a RS would be a good idea as long as it is a fair one. Its more important to have real value in stock than to have a bunce of shares. A lot of penny traders dont get that but its the truth. The higher the PPS the better we look and of course the more valuable of an asset we will have. I for one would rather have 100 shares at $2 than 6,000 shares at 0.03 but thats me. At $2 we have more long term potential and can actually uplist. This company actually has a chance at getting out of penny stocks market. Then they will have access to real capital markets and grow into another Amazon, Apple or who ever! Stuck on OTC they are VERY limited at how far they can actually grow.
Nice pps increase. Up 39%. With the right news we might see 0.10 before the end of the month.
Just got off with the CEO. Still cant believe this guy called me on a weekend. Ok so it was a quick call but I did learn a few things. First, did anyone know that UCIX put out a press release on Friday?
https://finance.yahoo.com/news/ucix-terminates-recent-acquisitions-220400148.html
I cannot believe I missed this release! Apparently, all the companies that UCIX bought have been undone. He would not say why and said he couldn’t expand on what was contained in the public announcement. I asked if the companies would be moved into UATG and he said that announcements were coming that would better explain the reasons for the contracts being “terminated”. He again reiterated he couldn’t say more than has already been said. IMO they are getting rid of UCIX and moving all those companies into UATG. Something must have happened with UCIX that he didn’t like.
I asked about his guess on the audits being completed and S-1 being filed and he said “he wouldn’t feel comfortable applying a timeline to something that he didn’t have complete control over”. He said “the SEC has their process and it wouldn’t be fair to impose a timeline on them or their process”. I guess that’s fair. He can’t control everything and I know all too well how the SEC can be. He did say that it was his intention to have it completed as quickly as the process would allow for. IMO it could this year. It doesn’t take that long but he is auditing the company and filing an S-1 which could take 5-6 months depending on the SEC and depth of audits.
I asked if they would be releasing more news this month or if they were done with February? He said he could not disclose what was coming or when but did tell me that they have a very full calendar of announcements planned over the course of the year as well as more things being released via social media from all companies. “all companies”, I didn’t even ask but I thought there were only 2 (UATG and UAT)? I guess two companies is plural but I am telling you they are moving the other companies in. IMO
I asked if we would see revenues before S-1 filing and he said YES. He said they are in the middle of going through the financials and disclosures for the past 5 quarters and would have UATG current ASAP ahead of the S-1 filing. Makes sense because they will need that stuff for an S-1. I asked when he thought he would be able to get on the NYSE and he said he really couldn’t discuss it at this time.
I told him that I looked at the Alexa scores and metrics of all the company websites and was very impressed with hygieia skin. I asked if they were selling a lot of the beauty cream and nutrition lines? He would only say that he was very pleased with the progress they have made in those areas.
I asked when we would start seeing hygieia commercials on TV and he said they have recently been discussing the merits of that value and expense. He said he was not completely convinced that it made sense yet. I asked what he meant by that and he said it is an expense for an emerging brand that could potentially hurt margins and initial growth.
I asked if we would see shareholder letter this month and he said he could not give specifics but he assured me that it is completed and is coming. My guess is that the shareholders letter is going to be out within a week or 2 max! Its not unusual to draft letters many weeks in advance so the lawyers can look at everything and so its ready for release. These things probably go through many drafts.
I asked about what he said in his video about green projects and biotech stuff. He told me that they never stopped development in those areas but had to focus on one product at a time to remain focused on each brands success. They chose hygieia and have been building on that tech ever since. He said that it was always the plan to bring greentech and biotech forward in 2021. He wouldnt say anything else about what tech was coming but did say that he felt it was a good way for the company to launch itself into those areas. I asked if he was working on or considering contracts with the government in those areas considering the new administrations focus on those areas. He would only say that the company has always been and remains open to working with any group, company or organization blah blah. Basically, he was going to discuss it. Lol
I asked about the town hall and when more videos were coming and he said soon. He was really animated when talking about the town hall. He seems really excited about it. He said he is looking forward to speaking directly with shareholders from all over the world. I asked if there would be a “live audience” and where would it be taking place. He said they were actually discussing this yesterday and are considering the logistics of that taking into consideration CDC guidelines surrounding covid. This pandemic crap has affected enough and needs to end. I am over it. Anyway….
We chatted about a few other things but these are the highlights. He was very nice as usually and I didn’t want to bug him on a weekend. He was actually in the office working when he called me and said he had a few hours of work left so I figured I should just let the guy work. Hes clearly busting his a$$ and trying to make it happen.
Somehow I missed a return call from CEO on Friday. I e-mailed him yesterday morning apologizing for the missed call and he e-mailed me back within an hour. This guy is without question one of the most responsive CEO's if not thee most I have ever seen. Just incredible. He said he would be available most of the weekend if I needed to speak with him or I could schedule a call with him next week. I told him it wasnt necessary to bother him over the weekend with a call unless it was more convenient for him. He replied back that he would call me today around 2:00 if that was ok? I told him I would make sure I was available and would not miss his call.
I would like to hear just ONE example of a CEO taking a call from a shareholder over a weekend especially a holiday weekend! I know there are some here that think the CEO is full of it but come on! Calls over weekends, holidays, 6:00 in morning, 10:00 at night and he does it for everyone? I am not saying hes Jamie Dimon but he is without a question working and trying to build a real monster of a company here.
I will let everyone know what he says.
Its a Friday and Friday trading is always thin especially when its heading into a 3 day weekend. Combination of MMs playing their games and people taking their profits for the 3 day weekend. Todays sellers will be back buying next week. Typical flipper stuff.
Shareholder letter is coming and I have a feeling we are going to be hit with alot more news over the next few weeks. This is how they do it. Hopefully price will level up during last hour today
Many people here have spoken with the company many times. I have not called today but did speak directly with the CEO a couple weeks ago. Hes very receptive to questions.
If you call the company and ask to speak with the CEO he will speak with you or call you back. ALWAYS!
Sort of. This is where the images use to be but they have taken them down.
http://umbraappliedtechnologies.com/green-tech/
They had a while green tech page that had several products but they took it down. I dont thing they want it released or known yet. They had some really good 3D modeling images of the blades the solar thing at the top and other stuff. Very cool product
MMs are working hard and coordinating to pull this down. They must have shorted. This is the worst I have seen it yet. They will get squeezed and we will break free. I am all in
Video does reveal more than I thought. They are obviously spending a lot of money on professional services for a reason. Legal and accounting for an S-1 filing and audit is big money. An S-1 costs around $150, 0000 and auditing UATG and UAT will be another 6 figures. They brought in Culhane Meadows and now an auditing firm that works with the same law firm to get things ready for the S-1 and then uplist. They are going for it. The uplist team is in place! ITS GOING TO BE A GREAT YEAR!!!!!!!!!!!!!!!!!!!!
Alot of easter eggs in the background of that video. I saw the clearview bone thing, hygieia hand sanitizer, boxers, all the sox, the pillow, hats, the supplements, and i think the things in the back were spools of thread. I am not sure but those spiral things to his right behind him looked like small models of their turbine blades? Anyone else see anything else. We have watched it twice here and even put it up on one of the big screens but am not sure.
Green energy and bio tech coming! Did everyone see all the UAT stuff in the background!? Many real products already done and are coming. Evidence is in video. CEO put out a serious video. shareholder letter coming and S-1 is getting done! More videos coming. Shareholder town hall coming! Company is obviously starting a serious campaign to engage shareholders. Obviously, many people are calling asking for inside info. Oh, and nice suit! Lol kind of funny he says he wants to do something in formal while in a suit and pocket square. Lmao. Serious guy.
You are wrong and out of control with the personal attacks. I have done DD extensively on this company and this BS pr you are pushing has NOTHING to do with UAT Group. Stop being lazy and call the CEO yourself! Tough guy behind a computer. A 2014 business plan is useless (its 2021) but even if it was still relevant there is no documentation about this Cordis company being related in anyway to UAT Group, I HAVE READ IT ALL!
THIS IS IT BOYS! They brought in Culhane Meadows and now an auditing firm that works with the same law firm to get things ready for the S-1 and then uplist baby! The uplist team is in place! ITS GOING TO BE A GREAT YEAR!!!!!!!!!!!!!!!!!!!!
Now we just need to get the MMs and shorters out of the way so we can glide to the dollars promise land.
They put out a PR earlier than usual. Probably because the CEO is making announcement at 9:05. Maybe he is going to talk about the S-1 now that all the pieces are in place?
This has nothing to do with UATG or Hygieia products. We looked into this company a year ago and CEO confirmed that they are not affiliated with in any way. Call the CEO and ask him yourself. This group is out of Europe and UATG does not have a footprint in Europe. We asked the CEO at the time and he was looking into why they are using the Hygieia name
I leave for an hour and all hell breaks loose. I wonder what the announcement is going to be about!? I knew they were going to come at us hard and fast. Tidal wave of updates coming. I wonder when the next PR will out?
We have 6.5 trading hours in a day to increase ROI and people are selling? This is why so many day traders in the pinks miss out on the VERY few that make it out and up. Shortsighted and no trading discipline. Doesnt help that MMs are up to their same old tricks trying to drag us down.
We can at least see what their skin websites Alexa score is and they are high. Huge traffic daily. Means they are selling!
Its already confirmed. They are filing financials and disclosures soon which is confirmed by CEO and the S-1 will take a awhile to put together and submit the S-1. My guess is that they will be current way before they file with SEC. S-1 is a big document. It can take weeks to put together. They will be current before that
MMSs pulling their crap again. Lets squeeze them
MMs started pulling it down probably to cover short positions. Then short sighted traders decided to take profits. They are idiots. Let things shake out and reset the new low for us. Next news will probably be really good and I suspect that they will do what they did last time and dump news after news all in a short time period. Shareholder letter IS coming! When that happens we will soar!
Anyone here have an account on reddit? Did you post this press?
Its Happening! They are bringing this beast current and its about to take off. Hold on to your b$%&s boys because this is how they do it, hard and fast. We are about to see news and more news just like they did last time!