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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Of course. I doubt he intentionally misled anyone. he definitely screwed up though several times. He was way too optimistic in the past which is why he is the way he is now. He should have been more hands on with the companies and should have cut Estrada off years ago. Estrada on the other hand is a scumbag for sure.
Court documents said Estrada wasn't paid. Read the company disclosures for the past several years. Estrada was paid!!!!! Something is wrong and it's obviously over our heads. I have someone looking at it who actually practices corp law
Looks like UATG didn't respond to any of it so the court relied only on Estrada? Something is up. Easy to win a case if it isn't defended. Alex's attorneys must have some type of plan. Maybe Estrada did what he's always done and lied which is what they wanted? I have no idea. the whole thing is crazy.
Don't tease me. A few of us have been begging the company to do a r/s so we can stabilize the pps and trading. CEO refuses to do one until who knows when. Its sort of ridiculous if you ask me but I also understand his explanation.
Looks like its all Hygia
That's just tax strategy to offset the costs and reinvestment. They carry debt like every other company does. The cream crap generates millions. Who cares as long as they make money
Skin cream is making them millions.
The Q had a lot in it and most of it shows the right direction. We will see how the legal stuff goes but I for one am glad they got rid of Estrada. Guy was a con artist and everything they did with that guy was a catastrophic loss. A quick search into Estrada shows everything he's done has been a failure. All dream ideas with no follow through. Alex should have cut his buddy loose years ago and the proof is what just happened.
Good point. I and others have been compiling about Estrada for years. Alex should have listened but wouldn't. H2O is good with me though. Let's hope he doesn't disappoint. It's taking way too long but I still think the guy might pull it off. If he does it will be HUGE!
Ossifix was a dog. Who cares. Good bye and good riddens. It's about time he cut Estrada loose. How many here have been complaining about that guy. Now the CEO does it and they still complain?
A lot of the guys on reddit like Alex and hate Estrada. One criticized Alex and they jumped on him and started posting a bunch of stuff on people who use to work for Alex but he had arrested for doing crap they weren't suppose to. I don't think Alex would go to such lengths to go after people if he was part of it but he clearly has issue with trusting losers. I mean how many times does he need to go through this before he learns? I respect that Alex has invested his own money and years of time without selling stock apparently but at what point does this guy wake up and finally deliver. Hopefully he's close. Still a BULL
I don't know Dogs. Alex screwed up with trusting Estrada. Many here told him and have been saying Estrada was a loser but he didn't listen. Looks like he's finally figured it out and hopefully is going to drop the hammer on this loser. I have been looking into both guys and Alex has a much better pedigree. If I had to guess, he probably has good intentions but is either out of his depth or or doesn't have the tools he needs. Maybe he's getting there with H2O and funding. Estrada on the other hand has fewer patents than he has been claiming and literally none of them have made ANY money other than two I saw he assigned to some dental company that I am having trouble researching if they actually did anything with them. It also looks like he's taken money from other investors based on what I was reading on a Reddit board about Estrada.
What difference does it make? It's not like Estrada made UATG any money ever. Alex is definitely wrong for letting this go on for so long. I have real problem with that. There's no way he didn't know Estrada was a loser. Many here have told him that for years and many have even complained.
Has anyone noticed that the UATG disclosures clearly show (for several years) that Estrada got paid for a few things but the lawsuit says he wasn't paid? It's also suspicious that UATG just gave up 9% for $2M and then all of sudden Ossifix sues UATG. So Estrada gets stock and cash from UATG, gets money from another firm that buys 9% and then sues UATG to keep the whole company but does it by lying to a judge? I can't be the only one that is seeing all this? There have been many of us here that have said this guy was bad news for years. I really can't believe Alex let this go on for so long. I hope he's going to teach this guy a lesson.
It's obvious that there is a riff between Alex and Estrada but the question is why? Look at the dates! The CEO said he was divesting from certain non-performers and then the company announces that it its dumping Next Cast and Bacter. All of a sudden Ossifix sues? I also looked for the patents. Where are they? Also take a look at the disclosures for the past 10 years. They paid Estrada for several things through stock and cash! So the company pays Estrada a ton of money in stock and cash, can someone tell me what they have acquired from Estrada that has actually made ANY money in 10 years? The real question is WTF Alex let this happen and go on for so long? I think Alex finally had enough of his bff playing games and now Estrada is freaking out. Estrada hasn't done anything in 10 yrs other than get paid by UATG. Its about time Alex grew a pair and stopped the bleeding.
hygiene is obviously profitable and they said they make them in California.. This is all stuff easily researched guys
The company has made more this year so far than all of last year! This IS the year of revs only to get better once H2O revs hit the books! Glad to see that Alex has finally woken up and cut the liars and dead weight
Watching the video makes it VERY obvious that a lot of this decision was influenced by banks. They went after funding and the banks or investors knew what all of us ALREADY KNEW, Estrada was full of crap. Looks like Alex wanted to get rid of Estrada anyway so now we have a REAL company with a REAL path to success. Best move this guy has ever made even if it was mostly forced by the banks. Just remember I called it weeks ago
Im about halfway through the video and the thing that strikes me is the difference between UATG CEO and Ossifix CEO. One is professional and the other is vindictive and trying to start a twitter war. I can't say it too much THANK GOD THAT GUY IS GONE! My only complaint is that it took Alex too long to realize that nice guys finish last. Show me the revs!
That's the spirit. lol
Gents, we don't have to agree all the time but there no reason to personally attach each other. Just be civil. It's just a ticker and it's just business. No reason to make it personal. Dogs, you have a few valid points as do many others here that are entitled to believe that the missteps were not intentional. Everyone is entitled to be either bull or bear.
The company is finally making the right choices and getting rid of dead weight
That's why I rarely come here. The board use to be a community to share information and help each other. Now its a board for people to vent whatever instability their dealing with
Have you ever considered that a CEO might actually be busy? That's my problem with the shit he does. He tries to make everyone happy by being more visible and communicate with everyone but the minute he gets busy the trollers use it as an excuse to say everything is going to hell. LITERALLY no other CEO makes himself more available, more interactive and more responsive. WTF does he do this? He needs to take the lead from every other CEO and let the PR team answer "occasionally" and not all the time. Then let the pr's speak for themselves and ignore the cry babies who are WAY TOO high maintenence and totally full of it.
I agree but I don't think that's why they are doing it
There are MANY big companies on OTC and they do it to avoid the high fees of the big boards but it is well known on wall street that SEC, NYSE and NASDAQ have had it out for OTC. They have picked up their efforts in the past 12 months. Have you noticed how the SEC and FINRA have forced OTC to delist almost 100 companies over the past 10 months or so? It's not mainstream but they want ALL alternative reporting companies gone! that's all pinks-GONE. I was told by the end of the year but I doubt very seriously they can do that without major problems. The only thing left will be OB and QX and I doubt that even they will last long if SEC wants everyone on NYSE/NASDAQ.
Hilarious you think SEC cares at all about OTC. They are trying to get rid of the whole thing and push everyone to small boards on exchanges not listing services. Haven't you noticed? Complaining just give them more excuses. In five years you will be lucky to see OTC as a service at all.
Not hiding at all but again, if he doesn't run the company and he was lied to then how can he know ANYTHING. That's the problem I have with this whole company. Too many people not performing and hiding behind one mouth piece. Hopefully Alex woke up and realized that he looks REALLY bad. Hopefully he's getting rid of the losers holding this pps back
Alex doesn't run Ossifix. IMO that's the problem. He is the mouth piece but still dependent on the other CEO's to deliver. I hope he dumps Ossifix if they haven't delivered. H2O is where the REAL money is.
High demand yes but I have no faith in Estrada to be able to meet ANY demand. He has just cost time and money. Yes I blame Alex for letting the bs go on for so long but at least now he's taken his head out of his ass and dropping the loser. I need an ROI FINALLY on my investment. Glad Alex is awake now. Fingers crossed.
As you know, I have been here a long time. I think you should consider who actually runs Ossifix and that track record is beyond bad. I think Alex finally woke up and is getting rid of him one company at a time. At least I hope so. I wouldn't be surprised if something happened and Alex finally had enough. That something very well could be lies as well as non-performance. Name one thing that Estrada has actually delivered on other than patents he does nothing with? Alex should have cut him loose a long time ago instead of dumping money down the endless pit. Where would UATG be if he put all that money into H2O!?
Yep! Hopefully Alex is going to keep swinging the axe. Looks like he is. next week pr should hopefully be more of the same.
Hopefully that's next! PR says they are cutting more and he did say news is coming next week
Im glad they set that in stone. Need to cut the dead weight and BS nonperforming companies. If they can't cut it they need to go! Great job Alex but really you should have done this 2 yrs ago. Anyway, I will take it! #h2oprocessing
I am loving this new lean and mean UATG. CEO is FINALLY becoming a REAL CEO. Make the tough calls Alex and make us money!
Not spewing anything. The CEO is making the right moves, plain and simple. Focus on revs and cut the dead weight loose.
It's crazy that over the past 3-4 years the guy has totally turned the company around even going from zero revs to millions but some people still sing the same tune. Time to change with the company and not be so negative. That and it just looks ridiculous saying the company is a loser and the CEO is a liar while you're still invested in it and while the company keeps getting better. Looks suspicious AF
Todays video was VERY insightful. Looks like they are getting financing for first 18 systems to deliver to customers in September! They have some stuff already built like the "tanks" that go in these systems. That is huge! They have been moving forward. Also looks like he's about to get rid of a lot of non-performing assets. Somebody is getting the axe
I wish you were right but the guy won't do a r/s. I have discussed this with him many times as well as a few others I know. He's against it. Restructuring is probably about the subsidiary companies not the public one.
Video was very insightful and CEO was more candid than I have seen before. Very interesting and they are doing a ton of things behind the scenes. Nothing happens overnight and results don't always come every day or week but they are getting it done. Monster company in the making