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.
The only hygieia product available is the white low ankle type sock. They just added the new products and they always say sold out before they launch. I believe its a default setting for their back end inventory software. Its what happened when they launched the first sock.
On the upside that means more products are coming soon which = more revenue!!!
There are only 600,000 shares until we are at 0.005? Did I miss a press release or news?
I believe the CEO has mentioned that it is his intention to offer a dividend at some point because he personally likes to invest in companies with dividend offerings.
If that happens as a pink sheet it will have to the first time I have ever heard of a pink offering a dividend.
Where did you did that?
The CEO has said he intends to uplist to NYSE or NASDAQ after he brings company to OTCQX or QB
He Found it! Heres an article that CNBC did and apparently in 3 years 200 companies went from OTC to NYSE/NASDAQ:
https://www.cnbc.com/2016/08/16/trader-talk-how-can-a-company-with-a-35-billion-market-cap-have-no-revenues.html
If UATG actually is able to meet PPS requirements and uplist to NYSE or NASDAQ then this will a really big deal. I have been looking and cant find a listing of how many companies have uplisted to real exchanges and what their PPS increase or success was. Does anyone know where to find that information?
My partner is looking into but I havnt heard back from him yet
Well like you I am skeptical about the price holding because it is the pink sheets after all and we have a lot of flippers in. I am more optimistic about recovering my losses because of increased communications from the company to shareholders and the fact that they have fixed most of the damage done by prior individuals. All that on top of the fact that they are actually selling a real product and making money finally.
There is a lot more activity both inside the company and in the market which is great. The market liquidity is impressive and they deserve a lot of credit for turning things around but we still have a long way to go IMO unless of course their plan is to merge with a larger company and they are actually able to uplist. It does seem to me that they have a plan and so far they have delivered on what they said but still- it is a tall order buddy!
I am cheering for them!
You should have her contact UAT and let them work on an order in advance. This way company knows how much to order and they can review it.
I just found out that my wife spoke with Mr. Umbra (they speak more than he and I do). She said he mentioned that he was contacted by Forbes to do an article and a few other publications want to review the antibacterial products! I have to admit I am surprised about that. Like Tyaz I thought it would take longer to get noticed.
You should buy a pair. Many of us on the board here have bought the socks and like them. I bought a few dozen before Christmas and gave them away. Everyone loves them. My daughter in-law sent the company a letter asking about childrens sizes in the socks and they told her children's sizes and clothes are coming starting in 2018. I think that will be a huge hit.
There are a few on here that actually won a contest the company ran for voting on their favorite company commercial the company put out a few months back. They selected 20 winners out of everyone who voted and sent them free socks, a company hat, stickers and magnets. People posted pictures and the gift seemed nice (it was worth $50 according to the company).
They labeled The athletic socks "sold out" last time before they launched them. This is probably an indicator that they are going to release it soon. Last time it was like that for a month so its a fair guess we are 30 days out from hearing they are available. Must be either tied into an automated inventory system (I have that in my business) before they add their inventory in to the computers or they do it so no on will try to buy it until they are ready to fulfill.
Just saw Blacks post! They are obviously getting ready to launch the other product lines and working on their website setup. This must be preparation for back-end order management and fulfillment. Im surprised they have it accessible to the public before its ready. It could be intentional but then why not release a press release on it or make an announcement?
Maybe its the whole thing about them not releasing press releases or making announcements that arent substantial? The CEO was touchy about that when we asked why more PR isnt released
Boxer briefs must be coming out soon. Look at this
https://hygieiasport.com/products/hygieia-boxer-briefs
I have no history of pumping any stock ever. How about you? Shorting stock or manipulating anywhere?
Fair question considering your post I think?
Litar, you know very well that the company has said MANY times that they intend to uplist to either NYSE or NASDAQ. I have said MANY times on this board that it is my opinion that the CEO is partial to the NYSE because of my conversations with him.
It is you that should stop preying on the people that are new to this board and dont know the history of the company and everyone on this board. As I have asked you many times, why do you consistently misrepresent things and this stock on this board? What is your agenda?
The company (UAT) was originally private and Mr. Umbra was approached by two individuals that had a public vehicle. The public vehicle was funded by me, my partners and several other investors they lied to. Mr. Umbra came on board via a reverse merger and was lied to as well.
UAT brought all the research and was mostly funded by Mr. Umbra and I think 30 or so investors he knew personally from military and government I believe
It is true that I have been around since the beginning and there were three individuals that were crooks IMO. Mr. Umbra came onboard through a reverse merger and he obviously did not realize who he was dealing with. I will say that once he found out, he got rid of them but damage was already done. My partners and I original invested with the other fellas. When Mr. Umbra met with me and my partners (and attorneys) he was very transparent and cordial. The truth is he really had no liability nor did he owe us anything. I can not get into specifics but there were others and he made everything as right as he could for everyone. He has always made himself available and has always been very professional. Hes a very intelligent fellow and he is well respected in Washington and other circles. I know a few elected officials that he is friendly with or has consulted with and they absolutely think hes the genuine article. To be honest, the only folks that I have heard say anything bad about him are some of the folks that he went after for what they did. CEO is a very cordial man but I would not want to be on his bad side. Hes a very military fella and his background is not one you would want to play around with. He is very well connected in government and other companies that do similar work. I am invested in another company that does defense work and provides security forces for U.S. companies around the world. The CEO knows Mr. Umbra well having served with him in special forces. He vouched for him without hesitation when I asked if he ever heard of Mr. Umbra.
He is not very happy with the folks that got in the way and set him back a few years. He had originally told his investors and me that it would take 5 years but he admitted to me that he really thought he would have the company profitable in 2-3 years. He probably would have it werent for those crooks. Even with the set back he was able to make the company profitable in 5 years! That is impressive and to me proves the guy is committed to make it work. He stuck it out even when he didnt have to. I believe him because he has actually done everything he said he was going to do.
That doesnt mean that I am happy with the situation but does mean that if anyone can fix this its this CEO. Guys like him dont quite. They dont know how to.
This is what they did and what he was referencing:
"We identified areas to be targeted for improvement and we continued to further streamline operational processes to support product launch and delivery. We implemented far-reaching cost-savings actions by implementing administrative cost reductions, reducing manufacturing costs and streamlining our fulfilment apparatus. We increased proportional investments in targeted product inventory, marketing strategies and s-curve data analytics to direct product innovation.
Our efforts to make the UAT Group more dynamic and less sensitive to market fluctuations continued to bear fruit. Implemented efficiencies and effective inventory control ensured that UAT continued to strengthen its cash flow, cash position and product awareness while mitigating remaining over-runs."
They have actually done quite a bit over the past 2 years to turn this hunk of junk around.
Shady past dealings? What is in his past that is shady? The man has high security clearance, former military and government man, still works with government and is well respected in those circles. Also when we looked into this fella he had no criminal background. You might want to think about libel and defamation laws especially about a public ceo. That could be a costly mistake.
I like you Tyaz but you might be over stepping here
They had some snakes in the den and instead of jumping ship the CEO/chairman fired the executives and fixed everything. Its taken over two years but it looks like hes just about done it. I am actually really optimistic about this CEO after all hes stayed the course for 5 years. Most OTC ceos are used car salesmen that jump around selling their stock. This guy has not sold one share and apparently put his own money in the company. Pretty solid guy IMO
I would agree with Tyaz if all things were going to stay the same but we are headed for an M&A deal and IMO and its coming soon because the process to uplist takes time. The CEO said this company "IS" uplisting in 2018 so he obviously has a plan that fits within a 12 month time period. My guess is that we will hear something this quarter to the next 5 months. Remember, price has to be $4/share minimum for NASDAQ and the company has been VERY consistent with its intentions to uplist this year. Going from subpenny to $4 is a HUGE leap and a tall order. There are only a few ways that something like that is even possible. You dont make a claim like that unless you are confident you can deliver! They have something cooking and by the looks of it, it has been in the works for at least 2 years.
I recommend everyone go back and read the last two years of press releases and shareholder letters. I found it very insightful. I missed alot last two years and didnt even realize it. Of course, hindsight is 20/20 as they say
UATG has $35M in assets
I re-read yesterdays shareholder letter a few times and this kept standing out:
Market Oversight- "We restructured and/or settled debt to better position the company’s corporate balance sheet ahead of independent audits in anticipation of future opportunities for expansion and institutional financing."
This one sentence has huge implications and explains some of the volume (selling and buying) over the past 6 months. It also forecasts "opportunities". what opportunities?
Then I saw it. Two paragraphs down under section number 1:
"We needed to address market liquidity concerns, for without the proper liquidity, shareholder value cannot be assured nor can a company be viewed as an enterprise level opportunity by financial institutions."
An "enterprise level opportunity by financial institutions" to me indicates financing that they are either working/already have in place OR financing that supports an M&A transaction! This is hidden in the letter but is huge. I went back and re-read some of his other letters and I have noticed in all his letters that he telegraphs and hints at things coming. I just never caught on until now. Its buried in the middle of the letter and is somewhat subtle and ambiguous but it is clear as day when you take into consideration the partnerships for hygieia and the re-structuring of the capital structure of the company. I would also say that once you re-read the shareholders letters that it does seem obvious that this CEO has had a plan all along. Maybe things didnt always go exactly how they thought or planned but everything in all the letters mostly happened.
Letter is well written, covers a lot of ground and contains everything an investor needs without being speculative or violating "forward looking" regulations. This CEO has finally gotten his act together and his experience shows more now than ever! Lets hope the lessons hes learned along with his military background will finally deliver the vision we all were promised.
If this company gets private funding or goes through M&A the entire float could be had for $600-700K. thats not a lot and would really tighten things up so we could break a penny. If 200m shares were taken out with a company like this and its trading volume, it wuld move the pps significantly. hopefully that is part of their plan
The fact that this company has consistently outlined longterm plans 3,4 and 5 years out really proves that they are not a typical penny fly by night company. I am optimistic about 2018 for UTAG. This could be the year we make it to NYSE
I am glad I bought more in December to reduce my cost basis because I think we are in for the long haul on this one seeing $1.31 again
Considering I am in at 0.65 I am in good shape but I had hoped We would see $2 or higher by now.
More partnerships coming!!! Thanks to strategic manufacturing partnerships with companies like NextCast, as well as others to be announced in the near future, we initiated our expansion objectives to include next generation trauma care, digital health and quality of life initiatives, empowering people to embrace technology as a daily partner in their lives. I have directed the company’s vast resources in innovation and technology to seek new ways to not only improve technologies surrounding healthcare but integrate them in a way that fundamentally improves the quality of the care delivered. Working with partners throughout the globe and across many disciplines we will be able to support powerful research and development that can provide practical guidance and advanced solutions to global leaders implementing health systems and solutions.
This is what is coming and its going to be huge:
Our strategic imperatives implemented, we now have for the first time, a revenue positive business model. With double and triple digit growth across various metrics we now reflect a company whose posture is squarely aimed at success. This is in part due to Hygieia but it is also just the beginning. Hygieia will see the launch of further improved sock designs, boxer briefs and bedding product lines but it will also lead our entry into antimicrobial touch surfaces and other unexplored medical industry firsts. In addition, this smart textile will also cross pollinate further product development across all UAT divisions supporting the development of our B.A.T. Suit exoskeleton, Scorpion Security Drone and H.A.V.O.C. third generation camouflage.
Looking forward, we continue to implement our strategies and as a result, have a busy year ahead of us. The first quarter of this year will bring an increased operational launch of the BioTech Division with an expanded Hygieia product line. Additionally, the third quarter delivery of orthopedic medical devices through strategic partnerships, signals the dawn of a sophisticated and mature corporate division with its focus on expansion across a broad product line.
Not your typical penny stock company. These folks are committed to building a real powerhouse of a company. This is year 5 and if they were your typical penny company they would have closed up shop and launched a new ticker to pull money out of the market. After reading this letter again I have very little doubt that this company is going to make it. They already made it 5 years and have actually started making money!
Once we up-list to NYSE I think we will be fine. I also think we are going to make alot of money which would be nice considering I have been waiting almost 5 years for that!
Another excellent letter from the Chairman! I will say that his letters are one of the few chairman or ceo letters I have to read more than once. There is always alot of information in this chairmans letters and they are always thoughtfully and carefully written.
This company has some big plans and is going places. The management of this company is professional and obviously know what they are doing or at least what they want to do. Hopefully they will deliver on their promises. so far they have. Last year was a pretty big turn around for they company so this year they need to continue
TAMPA, Fla., Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Umbra Applied Technologies, Inc. (OTC:UATG) Chairman is pleased to issue the following letter to shareholders today:
January 17, 2018
UATG Shareholders
Re: Umbra Applied Technologies Group, Inc.
2018 Chairman’s Letter
(UATG:PK) Year 2018
Chairman's Letter
“UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences.”
Dear Fellow Shareholders,
First, I would like to wish everyone a prosperous New Year and I hope everyone enjoyed the holidays.
As the Chief Executive of a publicly traded company I am the fiduciary for all shareholders, many of whom have invested in UAT Group based on long-term goals such as retirement or to pay for a childs higher education. As such, I advocate and otherwise direct corporate governance practices that are in keeping with long-term value creation for our shareholders and clients. Last year I asked my executive team to help me outline a new strategic frame-work for long-term value creation that could be completed within the year. I am pleased to report that we have been successful in our execution and were so against significant odds.
Over the course of the past 12 months, many of the assumptions on which our plans were based, including low interest rates on capital and an expectation for continued globalization, have failed to sustain despite indicators to the contrary. With U.S. reflation, increasing rates, renewed growth, the increasing turbulence in Asia as a catalyst to geopolitical tensions, the prospective withdrawal of the United Kingdom from the European Union reshaping Europe and the United States undergoing a fundamental reformation of long held fiscal strategies; the economic environment has been and remains quite volatile. This does not mean that this company or the market at large is expected to be impacted negatively but it is a factor when crafting a long-term execution strategy.
The impact that globalization and the evolution of technology have had on employees and communities is significant. While the overall benefits of globalization have been significant, I believe global companies represent a driving force for growth and prosperity for all. That said, there is an obvious inequity in the benefits shared. This is in part due to asymmetrical wage growth but more specifically technology that has eliminated millions of jobs for lower-skilled workers while simultaneously creating new opportunities for highly educated positions. Employees whose positions are being relegated to obsoletion due to technological advancements, like those found in manufacturing processes, are typically facing retirement with insufficient savings. This is wide spread and is expanding, in part because at some point over the past twenty years, companies decided to transfer the burden of retirement planning to the employees. This change in responsibility comes with significant consequences to the political landscape and economical environment that impacts all of us.
I believe that it is imperative for a responsible company to understand these relationships so that strategies can be implemented in a way commensurate with the challenges it faces and with an understanding of the topography in which they operate. UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences. We have enacted a business strategy to not only create jobs but to sustain employment with proposed tuition assistance programs and re-training initiatives.
So, with the above outlined, 2017 behind us and before looking ahead, let’s take a retrospective look at a two-year long effort to get us to a year that I view as a significant milestone for this company and its shareholders.
“Two years ago, we implemented a holistic strategy that went beyond merely ensuring survival but focused on delivering top-line growth.”
2015 through 2016 marked a professional period for UAT Group so climacteric that it presented the very real potential for failure. We had many substantially complex obstacles to overcome and the challenges were many. This was a parlous period for the company, so far reaching that many had difficulty envisioning a path where success was a likely outcome. I can say, not as a point of ego or arrogance, that I never doubted our success nor do I fault those who advised that it was time to close the doors as it were. I knew that with more than thirty million dollars in assets, a stable of completed product lines across multiple divisions poised and prepared for launch, a calendar that outlined the delivery of products for the next seven years and a population of shareholders counting on us, that failure was not something we could tolerate or consider within the vernacular of UAT Groups universe.
In 2017, we made significant progress in our execution strategy and achieved many core mission objectives that helped to ameliorate company specific market metrics that were less than favorable. Despite the challenges, it was a compelling year with continued operational growth and ongoing progress in developing high-value technologies.
The end of last year not only marked year five for us but it also represented the year we overcame significant obstacles, most of which went well beyond the typical hurdles companies face when striving for success. I attribute this ability to forge ahead and work towards corporate objectives to a team comprised of individuals with intact self-fortitude and discipline that drew on their collective strength to endure and emerge successfully as a stronger company with improved shareholder value potential.
Two years ago, we implemented a holistic strategy that went beyond merely ensuring survival but focused on delivering top-line growth. Two years later that strategy has delivered us to the precipice of success. As a result, I am very excited to announce that we will begin 2018 perfectly poised to complete all the objectives we defined from the beginning of this journey.
We continued to position ourselves to meet tomorrow's challenges
We have executed on many important decisions that have strengthened the operational and capital posture of the company. We have evolved our product lines, expanded our team, improved market metrics, ensured broad accountability, and aggrandized our resources. Each decision has slowly and methodically placed UAT Group in the best possible position for the next decision to be made and as a result, has created opportunities that will continue to impact the company in ways that will be far reaching. Recently we fundamentally restructured the capital structure of the company to reflect a company more in line with its peers on senior exchanges so we could consider additional opportunities. This is indicative of an aggressive strategic action plan we defined almost two years ago in an effort to course correct the company’s trajectory. This initiative has resulted in substantial progress in three key areas:
Up-listing- The execution of a comprehensive action plan designed to accelerate the company’s momentum towards an eventual up-listing to a senior exchange.
Market Oversight- We restructured and/or settled debt to better position the company’s corporate balance sheet ahead of independent audits in anticipation of future opportunities for expansion and institutional financing.
Delivery of Product – UAT, a UAT Group subsidiary, delivered its first product successfully proving that it has the ability to not only generate significant revenue but be a disruptive force across multiple market segments.
While I am mindful that we did not reach all of our financial performance priorities this year, I am very proud of our achievements and encouraged by the team’s ability to support a steady cadence of increasingly complex operations that strengthen the company’s leadership across many market segments.
Identifying shortcomings should not be a point of embarrassment but an attribute of strength
To be a cross industry disruptive force that challenges the way we and others not only think but how we, as a company, approach problems or exact a solution, you must first be willing to be self-critical. In keeping with this doctrine there were a few things we identified early on that needed to be ameliorated, augmented or otherwise corrected.
We needed to address market liquidity concerns, for without the proper liquidity, shareholder value cannot be assured nor can a company be viewed as an enterprise level opportunity by financial institutions. To address this matter, we focused heavily on fostering a more open engagement with shareholders and the market as a whole. We improved transparencies, audited the company, made corrections to previous filings when and where necessary, expanded our public relations effort, forged strategic alliances to bolster productivity and partnered with those who brought value to our e-commerce presence ahead of our first product launch. The result; a nearly 8000% increase in market liquidity, 7000% increase in daily volume and 2000% increase in dollars traded.
We needed to demonstrate, our ability to generate ideas, advance multidiscipline design acuity, the ability to improve manufacturing efficiencies and a proficiency to deliver successfully, superior high-quality products. To that end we succeeded and launched our first product, a scaled down by-product of a smart fabric we have been working on since the beginning - Hygieia. When we launched Hygieia we knew it would be the beginning of an extensive product line we had planned with nearly limitless scalability. What we did not know was the overwhelmingly positive response we would get from shareholders and commercial industries across the globe. Since launching Hygieia we have engaged dozens of manufacturers interested in the potential of having UAT manufacture their products for them using our antimicrobial Hygieia technology. The response has been stunning and to be honest quite humbling. Years of dedicated and focused efforts being embraced by others and on the verge of bearing significant returns.
We needed to prepare for what we knew was coming. If we executed as planned, we would need to have the resources to expand quickly while maintaining control of company branding, product quality and a strict production calendar. We identified and engaged industry manufacturing partners, financial institutions for potential financing in 2018 and initiated dialogs with those who could facilitate the company’s intent to be listed with one of the senior exchanges. In doing so, we now have the necessary relationships we need to be successful.
Efficiency should be an obsession and a pursuit that is without cessation
We identified areas to be targeted for improvement and we continued to further streamline operational processes to support product launch and delivery. We implemented far-reaching cost-savings actions by implementing administrative cost reductions, reducing manufacturing costs and streamlining our fulfilment apparatus. We increased proportional investments in targeted product inventory, marketing strategies and s-curve data analytics to direct product innovation.
Our efforts to make the UAT Group more dynamic and less sensitive to market fluctuations continued to bear fruit. Implemented efficiencies and effective inventory control ensured that UAT continued to strengthen its cash flow, cash position and product awareness while mitigating remaining over-runs.
As a result, UAT Group is a more nimble, flexible, opportunity driven, global and customer oriented technology manufacturer. Research and development combined with a scalable business model will be the factors that significantly contribute to our success, present opportunities for growth and improve profitability. A focus on efficiency increases cross-company capabilities to include expansion of our dynamic and elite team members. With a company poised for expansion, having the proper personnel to support growth and deliver products is essential.
Looking forward requires a disciplined approach to evaluating core competencies
When drafting or otherwise coordinating a strategic corporate action plan it is essential to be clear on what the company actually does, how it does it, why it does it and what the long-term objectives are. For UAT Group, core competencies must be forged from corporate tenants bolstered by the founding principles that defined our guiding ethos more than five years ago. Seems simple enough but, understanding UAT Group at the onset of 2018 can be challenging and requires a longer view of a complex institution with operational objectives that at times may seem singular in nature or at times too diverse. This is especially true when vision meets execution and when strategies are multilayered or designed to build upon one another. In short, UAT Group needs to be agile and dynamic in order to maintain an innovative culture that is not in keeping with trends but, rather creates trends. After all, innovation is the fundamental underpinning upon which this company has been built and is sustained. We must constantly evolve in keeping with a tempo that is always several steps ahead of what is needed, known and/or desired.
It has everything to do with a passion for vision and absolutely nothing to do with fixing something that is broken. Rather, our experience over the past five years has taught us to be persistent and vigilant when looking ahead. We began to see that the defense and technology industry was going through a shift in focus, driven by the phenomenon of data capturing, the maturation of analytics and the evolution of artificial intelligence or AI. We began to see a space in the technology markets where we as innovators could capitalize on the convergence of these events where new opportunities both in technology and business would be well served by UAT innovation.
We did not hesitate or wait for others to lead. We ended our start-up phase and focused our considerable resources to the production of final design prototypes. We trimmed top line excess in a way that would not negatively affect the bottom line. We refocused our efforts to reimagine innovation in the twenty first century based on current and future needs as we envisioned them. This meant an acute focus on technologies that could be interconnected and supportive of one another. Technology with an integrated capability that was scalable and could be built upon as mechanisms intertwined throughout many product lines across many divisions. This is what our clients and customers need for the burgeoning new era we are entering.
A paradigm shifting UAT Group future is coming and things will never be the same
We begin 2018 as a fundamentally different company, changed forever with potentially the broadest market segment product portfolio in our industry. With legacy issues addressed to course correct our operational trajectory, we emerge with a strong foundation to build a yet stronger company. With emerging applications in artificial intelligence, augmented reality, swarm technology, digital health and reinforcement learning, we are front and center of a technological renaissance that will continue to shape the future of humanity for generations to come.
Our strategic imperatives implemented, we now have for the first time, a revenue positive business model. With double and triple digit growth across various metrics we now reflect a company whose posture is squarely aimed at success. This is in part due to Hygieia but it is also just the beginning. Hygieia will see the launch of further improved sock designs, boxer briefs and bedding product lines but it will also lead our entry into antimicrobial touch surfaces and other unexplored medical industry firsts. In addition, this smart textile will also cross pollinate further product development across all UAT divisions supporting the development of our B.A.T. Suit exoskeleton, Scorpion Security Drone and H.A.V.O.C. third generation camouflage.
In keeping with our brand commitments, Hygieia represents a piece of the puzzle whose aggregate defines a set of strategic imperatives that will transform UAT Group into the broad scope business, data, cognitive and security technology company with the potential to, and in concert with other industry leaders, change the world.
Looking forward, we continue to implement our strategies and as a result, have a busy year ahead of us. The first quarter of this year will bring an increased operational launch of the BioTech Division with an expanded Hygieia product line. Additionally, the third quarter delivery of orthopedic medical devices through strategic partnerships, signals the dawn of a sophisticated and mature corporate division with its focus on expansion across a broad product line.
Thanks to strategic manufacturing partnerships with companies like NextCast, as well as others to be announced in the near future, we initiated our expansion objectives to include next generation trauma care, digital health and quality of life initiatives, empowering people to embrace technology as a daily partner in their lives. I have directed the company’s vast resources in innovation and technology to seek new ways to not only improve technologies surrounding healthcare but integrate them in a way that fundamentally improves the quality of the care delivered. Working with partners throughout the globe and across many disciplines we will be able to support powerful research and development that can provide practical guidance and advanced solutions to global leaders implementing health systems and solutions.
Additionally, we take very seriously the threats to the environment, the depletion of our natural resources and the necessity of innovators to introduce solutions to address the coming social and environmental impact. Over the past 5 years, in preparation of a full divisional launch, we worked to design a stable of clean technology products with the ability to offset and/or reduce the carbon footprint of our products, manufacturing processes and industrialized nations. We are committed to supporting our government and customers in reducing their environmental impact by providing energy efficient products produced via sustainable processes that, either stand alone, or operate in support of existing infrastructure.
The Helix Power Station, PowerCube and our most recent innovations in bio-electricity all represent initiatives in furtherance of our commitment to researching innovative solutions to complex challenges. We also continue to share our zero CO2 emissions technology across all divisions with design advancements from our GreenTech division influencing multiple divisions within the company. With testing currently underway, our Aerospace & Defense division is scheduled to begin offering our new zero-carbon footprint security drone platform later this year.
Objectives for a brighter tomorrow
Providing a path to innovation, environmental sustainability and demonstrating an ethical responsibility to all that share our planet is what a manufacturing leader does. UAT Group and its subsidiaries will continue to build on our commitment as leaders of industry and stewards of our planet. We will continue to leverage our global resources and presence to improve the lives of all, through responsible technology. In accordance with this commitment, I have directed our team to set our most aggressive environmentally conscious expansion targets to date and through 2025.
It is now the company’s official targeted objective to manufacture in accordance with bluesign®, Green Seal and by 2025 meet ISO 14001 standards. In addition, we have designed a framework that will have all six divisions of UAT fully operational over the next 3 years; one wholly owned subsidiary added, via acquisition, to the UAT Group holding company per year for the next 5 years; and initial construction of a corporate headquarters. To be completed over the next four years, UAT Groups new headquarters will be designed to house corporate offices, research and development complex, technology demonstration facilities, manufacturing operations, fulfillment processes, a shareholder/client welcome center and support public education initiatives. Our expansion will not be solely focused on profits but will be done honoring our commitments to our country, fellow shareholders and an environment under siege across the globe.
UAT Group remains committed to building an enterprise level company with a global footprint that does more than innovates technology for products to be sold. UAT Group has always been and remains the example of what to do when given the responsibility of being an industry leader. UAT Group will continue to focus on corporate sustainability and responsibility as a cornerstone of its business model as well as in developed and emerging markets in which it operates.
I would like to once again thank my UAT Group family for their support, tireless commitment and loyalty to a vision that many thought was not possible yet has empowered us to contribute in a way that matters. Together we can build that which will make a difference for generations to come and be the clarion call for others to join in our pursuit of re-imaging what is possible through innovative thinking and responsible technology.
Warm regards,
Alex Umbra
Chairman & Chief Executive Officer
Umbra Applied Technologies Group, Inc.
About Umbra Applied Technologies, Inc.
Umbra Applied Technologies is a member of the Umbra Applied Technologies Group (OTC: UATG) family of companies. Umbra Applied Technologies, U.S. based Defense and Security Company, is engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, civil, and commercial applications in United States and internationally. It also provides management, engineering, technical, scientific, logistic, and information services.
In support of air, land and naval forces, the company operates in five segments: Aeronautics, Information Systems & Global Solutions, Biotech, Alternative & Renewable Energy, and Intelligence Systems. The Aeronautics segment offers military aircrafts, such as unmanned combat and air mobility aircrafts, and related technologies. The Information Systems & Global Solutions segment provides advanced technology systems and security expertise, integrated information technology solutions, and management services for civil, defense, intelligence, and other government customers. The Biotech segment addresses critical gaps that are absent in defense medical research programs. The Alternative & Renewable Energy segment provides alternative solutions to energy through research in bioelectricity, wind, thermodynamic and solar energy. The Intelligence segment provides computational study of signals, open source and network intelligence through advanced metrics and algorithms to locate and extract sentiment from gathered intelligence.
For more information visit www.uatgroup.com or www.uatgroup.com
Investor and Media Contact: Everest Corporate Advisors, Inc.
(702) 902-2361 (702) 982-1339
NEITHER THE SECURITIES EXCHANGE COMMISION NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Forward-Looking Information
This news release may include "forward-looking statements" including forecasts, estimates, expectations, and objectives for future operations including but not limited to its ability to conclude a business combination with a third party, sale of assets, return of capital or initial public offering and a secondary listing on the OTC as a result of aforementioned and its ability to fund the exploration of its assets through the raising of equity or debt capital or through funding by a joint venture partner that are subject to a number of assumptions, risks, and uncertainties, many of which are beyond the control of Umbra Applied Technologies including but not limited to capital markets and securities risks and continued development success on technology. There can be and are no actual or implied guarantees that any of the above activities will be completed or completed on terms acceptable to the Company and its shareholders or approved by any regulatory authority having jurisdiction. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Risks and uncertainties about Umbra Applied Technologies business are more fully discussed in the company's disclosure materials, including its MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Umbra Applied Technologies does not assume the obligation to update any forward-looking statement, except as required by applicable law.
looks like they are preparing to do trade shows as well. This supports them providing hygieia technology to other manufacturers. The CEO has mentioned this several times.
This obviously going to be a huge year for UATG. They clearly used 2017 as preparation for 2018. They are obviously launching everything this year. We might actually see some movement here with the pps. Pretty exciting.
I am eager see what the shareholder letter says.
PPS going up above penny, 10 cents or $50 dollars is not going to happen without a push. Thats not organic and believing that organic is the only way to get this stock going is a pipe dream. There are too many flippers in this stock at sub penny and they're not going to hold that long.
I stand by what I have been saying, merger or RS and since the CEO seems to be against a RS for reasons I cant seem to understand....then M&A is really the only way. Based on what they have telegraphed via press releases and the cap structure being changed it seems that this CEO has something big up his sleeve. He has to or we are dead in the water. I will say that I think the cap structure needs to be addressed further if we are really going to the big boards. 600M outstanding is not going to cut it if we are going to merge with an active higher pps company. we need to be at a minimum of 800M to 1B or else we will not have the liquidity we will need to uplist. Again thats my opinion for what its worth but trading at $2/share minimum is a tall order when you a sitting at 0.003!!!
Current model sock is on sale because they are preparing to launch the next couple models of socks, boxers and sheets.
The calendar for all hygieia products is already scheduled and ready. They are finishing up a few "loose ends" on textile products and then immediately moving on to medical devices and two other divisions that will be releasing products.
He just told me he has letter to the shareholders that is ready for release and will explain more and "set the stage". whatever that means. He wont explain that comment.
I told him that I was passing questions along to everyone here and he asked me to tell everyone hello and that he hoped everyone had a good Christmas and New Year and that he has some exciting things planned for this year that he thinks everyone will be happy about. I dont type fast so im summarizing.
He is also going be in Nevada in a week and then Texas. He will be swinging by the ranch to say hello and asked about our Tampa dinner?
We need to come up with a date. I propose first week of March. Please let me know if anyone can make the weekend of the 3rd or 10th. Any later than that and he probably wont be available because of quarterly filings.
On with Mr. Umbra now. He wont give me a specific date or what is going to be released but did say the company is going to "communicate" with the shareholders "soon". I asked if that meant this week and he said there will be an increased flow of communication from the company to the public beginning this month. He said he already has things drafted and scheduled for release.
As for the buyback, apparently that began last year. He wont say anything else about that now because it will be discussed in a later press release.
apparently hes been busy because he has interviews scheduled with major and mainstream media coming up.
He just said he cant discuss the S-1 at this time
My wife is on phone with him now. What do you want me to ask him when they are done?
The 666 trades are from a flipper that has been around for quite some time