Slow and steady wins the race
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Don’t let them suck you in. Many of us see the potential and are not happy with the pps but that doesn’t mean you sell. If we hold we will make money. It will take time but this is a NYSE company in the making IMO.
Tyaz was never crazy but he does like to flip and if he is doing what he says he’s doing then he’s pretty good at. I am sure he’s making money. That doesn’t change the fact that flippers hurt the stock by keeping it from really growing. I think I’m the case of UATG that flippers won’t matter too much because I think I know what the company is doing and how they are going to uplist.
As for me “checking myself” I am not really sure what that means but I don’t have anymore insight into the ceo or the company than I have already discussed. I’m not sure what you think I can say or do to change anything but I am not in charge of the company. If I was, I would have done a rs and started over a year ago
Company main number is on the website but you can call on the 888 number Tel: 888.926.4682
Its not that difficult. You may not get him and might reach his assistant but he has ALWAYS returned my calls. Always! Sometimes it takes a day or two but he always calls back and usually same day but like I said it might take 24 hours or so.
Apparently hes coming to TX in two weeks on business. Something about water treatment for the state and my wife apparently invited him to the house so obviously she knew he was coming to town before I did and didnt tell me!
He has to go. He offered to do a schedule call with the iHub board this week if I could coordinate it. If the board is interested, let me know and I will send him an email with a time and date we can all be available to ask questions.
I asked about iHub advertising or news release and he said he has left that up to the marketing and IR guys. They have his approval if they want to advertise on iHub but last he heard they did not want to for various reasons. He wont expand on that
I asked about uplisting and he assures me we are on track and the stock price is not an issue. He also says, the company is finally in a position where those who play games with the stock price can no longer delay or hold the company back. "we are uplisting" and there is nothing that day traders can do to stop it. In fact they have actually helped
He does not know why we did 106M shares yesterday. he said the 3a10 firm sold about 16M as far as he can tell and they are restricted in how much they can sell in any given time period.
He believes that at least some of the volume is the result of shares hitting the market and causing more selling and buying but says that he doubts that, that accounts for all the volume.
I asked about news and he is reading me the riot act about only putting news out when its relevant to operations not to help day traders. He said he just put out a shareholder letter that was detailed and contained a lot info. Their will be news shortly though but not because its requested but because it has been scheduled for some time now. Apparently news is scheduled out for the next 6 months so he obviously knows whats going on in the future and has a plan.
He wont go into any of the rumors.
I told him everyone thinks hes selling shares, and he said thats ridiculous. He has never sold one single share he has. He directed me to check filings of which there are none he said. He would have to file to sell which I have said many times.
I am on hold for him right now. Apparently hes on another call with a shsareholders
Not yet. I missed his call! I will call him back shortly
Has anyone seen this? This was just sent to me. They must be getting ready to launch on Amazon!
Well said
Again, GAP accounting rule folks. UATG has $35M in assets. They account for loss due to debt for what was paid by both cash and equity
I have a call out to him. I need an explanation on this volume. I try not to bug him by calling him all the time but 106M share 0.002!? I need a discussion.
Outstanding Share count is 468,783,339
Was there an announcement that I am not aware of today?
Nite is in at .0024 for 1M!
I get it completely but even with the debt the company has built a lot of momentum. They will scale up soon enough. They get better every year
Holy heck! I just walked back in for lunch and saw the volume. What they heck is going on? Cant walk away from this ticker for too long can you?
Looks like a lot of people are looking at UATG
I doubt it. The only people who would have stock in cert form would investors who bought direct from company or those who had their stock sent to them from dealer. They can’t expect people to do that. I suspect an account statement at the time of purchase would be ok although who knows. Let me know if you call them and find out? I would be interested in knowing if they are selling them this year and what we need to do to get one
I know they changed their policy because of all the shootings. They will only sell to police and military but they are allowing a limited amount (200 I think he said?) to be bought by shareholders who own a certain amount of shares. I don’t think he told me how many shares are required but I remember the basic conversation. It was a while ago. Someone should call and ask
I agree. Revenue is the most important. The guns failed? They never launched them. lol. The ceo said they were going to launch them in 2016 but didnt because of the election and all the anti-police and gun things going on because of the shootings and protests. He didnt want UATG to be known as a gun company and have to be hurt by potential fallout from someone using one of his guns to do mass shooting. He said that many times and I believe they are launching the guns this or next year. They have a ton of them I think just waiting in their warehouses
If your launching a product you need to make sure you have enough inventory and I would imagine that bone pins are the sort of thing that you go through a lot of. How many come with a Clearview wrist fixator kit? I am guessing 6-8 minimum? They are launching the Clearview this year and are probably getting ready.
If they sold 4000 socks that means they sold around 1,300 pairs a month before they started marketing. Thats pretty good considering they are new to the market so I would think Clearview is being launched with lessons learned from the previous product launch
The discount is most likely to ensure the financier is covered for reserve purposes through the Transfer Agent. Makes sure the shares are reserved just for them? Not really sure
Looks like the company just released its year end report on otc. They cleared just over $80k in the few months they launched their first product! not too bad for socks and for the first time the company has generated revenue!
If I am not mistaken this means they sold 4,000 or so pairs of socks. Difficult to say now because they are selling for $15 now instead of $20, so difficult to be precise.
Not AAPL sales but its a start. I will take it.
I agree. I offered to buy the shares of those who wanted out as well. I bought quite a bit last week. By my estimates UATG traded over 125M shares last week which has to be close to $400k. That’s got to be a record! There’s a lot of interest in this company. Everyone complains that all the orders are sell orders but they ignore the fact that for there to be a sale there has to be someone BUYING!!!
As I have said many times in this board, I think we have some folks here looking to short the stock and pocket a few bucks. It’s just a shame that we have some inexperienced folks here that are being manipulated by a few rotten apples. Hopefully it will all be over soon enough if there is a merger soon
You cant possibly believe that? The NV factory and contracts with big Detroit make it worth more than that
Any warrant holders here? I was wondering there was anything scheduled for warrant holders to have a call before the feb 6th call with the company?
We will get there. ceo is focused on the correct path although I am concerned that he seems to not like returning calls from shareholders
Thats not accurate. The current dollar value of our equity would remain unchanged however you would potentially have less shares depending on the value of the purchasing company. There is no way to guess what the outcome would be without knowing the pps value of the company buying UATG.
There is no evidence that UATG is buying Nextcast and if you really think about it buying a private company and taking it public will most likely take too long and not get us uplisted to NYSE by end of year. Too many moving parts.
I originally thought it might be possible but after speaking with a one of my investment managers he convinced me that its more likely that UATG would merge with either a QX company or be bought by a NYSE company to achieve an uplist. The latter being far more cumbersome because of regulatory hurdles and disclosure requirements. He is looking into UATG further but views the only realistic way is to move up slowly through a series of steps such as go to QB then QX then apply to NYSE. He also said that getting it done by end of year is ambitious but doable. He suggested that if they had a QB company lined up that the more likely or realistic outcome would be for UATG to be a fully reporting company on the QX and be under review by the NYSE by end of year with the company potentially being listed on the NYSE mid 2019. He is going to call into the company on Monday and request confirmation on audited financials and S-1 on behalf of his firm to see if he can get any insight but said the company will most likely decline to provide the information as would be normal practice. Doesnt hurt to ask though right?
Not really. Like I said, too many unknowns right now.
I have spoken with him several times. Hes a pretty easy guy to talk to and direct when he can be. I met with him years ago when they merged with a company I had invested in and changed name to UATG. The previous management were crooks and he found that out shortly after he took over. He got rid of them and set about fixing everything they did. It took him a year or so to discover all that they did and It has taken him just over 2 years to undo a lot of what they did and he has always been transparent with me, my partners, accountants and lawyers. He told me 5 years ago that the company would be profitable in 5 years and this past December he delivered. It wasnt by much but we took into consideration what he was up against and how much he actually got done. Its impressive to say the least and to be honest the simple fact that he he pulled it off is a testament to the type of guy he is. Also, crooks dont try to do the right thing! lol
He knows I am not happy about share pps but he did say his belief is that "a company is suppose to make something and sell it at a profit" and he thinks if he just stays focusd on that, that the pps will take care of itself. I partially agree but we are LONG way from $3 pps so he obviously has something up his sleeve. IMO its a merger and hes going to convert everyone over to the new company that will remain after the merger. Its what he did when he had to switch public vehicles the first time because of the crooks so why not do it again? I do think that this time he is doing it a little differently because of the uplist. Thats the reason for the cap structure change. Again, I am speculating but the writings seems to be on the wall. Hes a smart guy that learned the hard way how crooked people are on the pinks. He was not use to having these types of folks around him and he doesnt like those type of people. Hes a military guy, comes from federal government, intelligence and works with government and washington (maybe he should be use to crooks then? lol). He plays everything straight so being a pink sheet company among crooks has to bother him IMO.
I am betting on him being fed up with everything and wanting to get out of otc and among real companies. When you speak with, just straight out ask him what he thinks of otc and wanting to uplist. Cant hurt right?
I agree. It doesnt make sense unless you consider its being done to adjust cap structure for a merger. We wont know exactly why until we know the company we are merging with, their cap structure, their pps, their revenues and business model. Too many unknown variables to consider. They will tell us more soon I think.
I would call ad ask to speak with investor relations or ask if the ceo would be available for a call from a shareholder. Many times they will take your info and he will call back usually that day or within 24 hours. Hes pretty good about that. Many times the ceo will actually take your call right then and there. Its pretty impressive considering that most ceos wont take a call period
I agree. I am holding. They have a product out and many other real products that we have seen videos of and pictures of. They are not making things up to trick investors. I believe we are already in the process of preparing to uplist via a merger or acquisition of some sort. If I had to guess I would say we are going to be either a QB/QX company by the end of second quarter and then they will announce the company beginning the process to go to the NYSE/NASDAQ by July/August. That’s the only way they have enough time to become a big board company by year end.
I believe if it’s possible this ceo will get it done. He’s too determined and I believe he really wants out of otc.
If he pulls this off, this company will be trading at $3 pps by December of this year. I’m holding!
If the ceo remains silent then I think it’s an indicator that he’s ok with the price going down. The reason I say this is because a lower pps most likely helps control the end o/s post merger. This gives the company the ability to issue after merger and after news at be pps. I could be wrong but it makes sense if you look at it from his position and from the position of a long term plan to uplist.
If company uplists with small o/s and float it has more control over what the pps will be going into their uplist on the NYSE and NASDAQ. If we were him what would we do if the goal was get to the big boards as fast as possible? To me his plan is becoming a little more obvious by the day but I am the first to admit I am speculating.
We don’t have enough information to really figure things out for certain. It’s intentional I am sure because they don’t want anyone knowing everything yet and working against them.
Essentially yes but a reverse split would be a MUCH more significant decrease in our shares and doesn’t have the negative stigma because assets are being added which increases value.
R/S just gets rid of shareholders equity
lol. This isnt Canada. You would never get away with that here and collusion? With MMS? Oh no not another democrat conspiracy. lol
Very interesting. I hadnt seen that!
Are you fellas serious? Aside from being completely illegal and unethical do you really think it would be a good idea to threaten the children of a man who was in special forces and worked for intel agencies his whole life? This board is getting ridiculous.