Slow and steady wins the race
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very weird day of trading. Unusual for this stock
They said shareholder letter or CEO letter coming soon. I suspect it this week now that everyone is back at work and eyes are back on market.
Letters are usually pretty good so I am optimistic about what they will have to say.
Well first, who doesn't like and cant afford pizza right? lol
The number of people who signed up for pre-orders alone was double that and that last I heard they sold over 1000 pairs! Not that I am saying that is great but its a start. They need to sell that a day and then we are getting somewhere! lets see how the first year goes. That's the critical time that is very telling. If they haven't sold 00,000 pairs of socks by the end of the year then they need to rethink things. Marketing, product, price, etc.
I suspect that they should be selling 200-300 pairs a day to make things work. That's 66-100 sales a day if I am not mistaken which should be easy if they have the right marketing company in place. Looks like they do by the looks of their videos, websites and social media activity
Anyone notice that they changed the Hygieiasport.com web page. They must be up to something.
Let me know when you figure out how to do that? lol. I think they are looking to merge with another company. I just dont see this CEO giving up control of the company or walking away so I dont know how they can merge with another company without giving up control. Even with an S-1 and strong earnings statement I dont see us breaking penny
Nite is looking to fill the flippers. Problem is we have too many penny flippers in this stock. It is never going to stop because to many flippers are too short sighted and arent actually investing in the company. They are just using it to make a hundredths of a penny at a time. They will never be long term investors that help build the company or profits which is exactly why I believe the company does not owe them anything and why I have practically begged for the company to a RS. It is the only way to get rid of the flippers and pull us out of sub-penny!
Of course I am told I am wrong (by many here and the CEO no less) but I just dont see it. CEO supposedly has a plan and I am eager to see this miracle. Until then I am here watching the floundering stock die on the vine along with my investment. I hope my patience and trust in this CEO is rewarded SOON!
Spoke with Mr. Umbra in reference to something unrelated to UATG and he mentioned a shareholders letter coming soon. Something to look forward to. His letters are usually been very good and informative
I have to agree with Tyaz on the charts thing. Indicators have shown good support with little resistance many times and for long period of times. That said I am surprised at the volume tat we saw through December and now this early in January. There are a lot of eyes on this stock which is really good for all of us
I dont expect news this week. When I spoke with him he mentioned news in the coming "weeks". Most traders and brokers arent back in full swing until next week and I am sure the company knows that. Why waste good news or try to build momentum when no one is looking. We are not the problem. the MM's and day traders are. That is the audience they need to turn around if we are to see upward movement of pps.
I just did a search for antimicrobial socks and it Hygieia web page was literally the first one that came up. They are also in Google shopping but apparently that takes longer to build. Not sure what that means exactly but my grandson found that as well
FYI UATG posted an amendment to their September disclosures. Its essentially the same just more specific on debt. They are obviously consolidating debt because of their audits. Pretty good news. Hopefully this means they are close to straightening out their historicals and financials.
I also like that they have been working through the holidays. Shows the are serious abut moving the ball forward.
Hygieia came out less than 2 months ago. How could it possibly be on a list of socks when it has not been reviewed yet?
I thought everyone would like to know that I spoke with Mr. Umbra on Christmas. I was surprised when my wife handed me her phone and it was him. He had sent her a recipe he promised a few weeks back and was walking her through how to use the pressure cooker he sent her. According to my wife he is quite the chef and when I have spoken with him in the past he mentioned he wished he had more time to cook with his children. My wife showed me the menu he put together for his family and friends and I think its safe to say that my wife and I might "crash" his Thanksgiving dinner next year! lol.
I am going to keep this brief and to the point because I have a house full of family over.
He told me he was not very happy with the quality of the Christmas card that went out to shareholders. His guys designed it but the company they hired to print and mail it out fell short. They are already working on next years card and have found another printer that understands what the boss man is looking for. I am surprised hes working on this already. It really did bother him.
Audits are nearly completed and news of uplist should be forthcoming soon. They are discussing licensing and manufacturing for Hygieia, with several big companies, Biotech is fully launched in 2018, Renewable greentech division will be launched late 2018. Arms will be launched no later than beginning of 2019 and apparently Aerospace is being launched in 2019 as well.
They are also going to be updating their websites with new videos and images on the new products coming out. New socks, boxers and sheets are coming over the next quarter. Test marketing began a few weeks ago and the full marketing plan will be in effect over the next month or so.
He asked if I heard back on those interested in the shareholder dinner meeting and I told him no but I would ask you all. He mentioned a shareholder town hall that they are planning for Q1 which I am personally looking forward to. He also mentioned some new tech that they have been working on which is a more advanced Power Cube. Apparently they have made significant strides in this area as well as bio-electricity. They are going to post videos on this he said. To be honest much of what he said was over my head but he seemed really excited about it.
I asked about share price and he said it will recover and to give him a few months. He seems to have a handle on it and if nothing else he seems confident about it.
Low volume and weak support is typical this time of year. Wont pick up until mid January. Plus they will be making announcements they said. I wouldnt read into it too much
Anyone else get a UATG shareholder Christmas card? I got home today and it was in my box! Nice card!
That actually sounds like a very good idea!!! you should call company and tell them. How many diapers does a baby go through in a day! How many babies are born everyday? Diapers arent cheap and I am thinking there is a nice profit in that industry
Are you being sarcastic or did someone mention that the company is planning on making baby wipes? That is actually a really good idea. A product that is disposable and needs to be repurchased over and over could drive further revenue. Baby market is big.
Thats a good question!
I also dont think the CEO is watching the stock and freaking out every time something happens. High volatility is the reality of a penny stock company. If this was a NYSE company the CEO would have to divert attention to a downturn but with penny stocks they happen every other day. If he focused on every trading issue he would not get anything done or make any money for the company. I also dont think we want him obsessing JUST on stock price because then he would be like every other pink sheet ceo that only did things to effect trading instead of building a real company. His job is and must be to deliver products that sell and show a profit. If the company makes money the price will eventually go up. This is a long term investment.
I didnt always see it this way until I spoke with the CEO himself. He has a very clear vision and a very strong opinion of these markets. He is very focused on building a revenue positive company or as he puts it "a real company, that makes something and sells it at a profit". After he said that to me I saw things a bit differently. That doesnt mean I am happy with where we are, just that I am willing to be patient for a little bit longer.
That was a cross trade. Set up in advance and it wasnt a MM. Someone is playing games
I dont get it. You complain when volume increases when news comes out and now you complain that selling is happening with no news? You cant have it both ways.
I dont think company is selling shares. I could be wrong but its just my feeling.
These are all the company websites that I know of:
http://www.uatintel.com/
http://www.hygieiatech.com/
http://uatgroup.com/
https://hygieiasport.com/
http://www.uatgreentech.com/
http://www.umbrabattlerifle.com/
http://umbraappliedtechnologies.com/
This is an old one that apparently they have not taken down so I am not sure if they still have operations there:
http://www.umbraexploration.com/
And someone very clever on the board found this a few weeks back:
https://hygieiasport.com/products/hygieia-boxer-briefs?variant=308838793225
If anyone has more links please help Mr. hippo out
Its not the socks. Its the textile they are made from that can be made to conduct electricity and transfer data. They made the socks to put a product out and generate revenue.
Apex surgery video:
http://umbraappliedtechnologies.com/apex/
Clearview surgery video:
http://umbraappliedtechnologies.com/clearview/
Youtube channel:
https://www.youtube.com/user/UmbraAT
Guns:
http://www.umbrabattlerifle.com/photos/
sniper rifle:
http://www.umbrabattlerifle.com/prp-30/
More links:
http://umbraappliedtechnologies.com/arms/
http://umbraappliedtechnologies.com/bio-tech/
I dont see stock photos or videos. They have also posted videos and pictures on their facebook and twitters
Facebook:
https://www.facebook.com/Umbra-Applied-Technologies-Group-INC-UATG-265502490241809/
I have to strongly disagree with you on your conclusions. You are taking the significance of the sock technology out of your conclusions. The underlying technology does have many implications including military.
As for top secret and all that conspiracy jazz, all I can say is that the company has never said nor has the CEO that to me other than when I have asked about specific applications or projects they dont "advertise". I also dont recall ever seeing an interview where he said something was top secret because they are doing it with the government (I would have remembered that because it would mean they have a govt contract which would be VERY good news).
As for weapons and UAVs being discussed openly with the public by a manufacturer.....Try calling Lockheed, Boeing or Northrup Grumman and asking them to tell you everything you want to know about their weapons systems or "top secret" airplanes/drones. lol. If they answer you feel free to three way me on the line because I am shareholder in all three of those companies and would love to know about that stuff (as would most of the public and literally EVERY foreign government).
I just dont know what you are questioning considering they have pictures of the products on their websites and have also posted videos of surgeries using their devices. Both the Apex and Clearview surgeries are online as well as pictures of the implants, textiles, batteries, gun, drone test footage and laboratories where they are researching and developing. Hell, the old website even had pictures of the crutch I saw in person!
It takes money to go into full production and support it with marketing. The company has been significantly under capitalized for years. He has said that several times. At least they are past the research and development startup phase like it states now in their quarterly's. You might want to take a fresh look at the company because where I am standing they have done a 180 in the past 2 years and as many on this board know, I have been around since the beginning.
he mentioned implant (called Apex) with Clearview and agis bone pins. They are both being sold in Europe first. Should start next year. I didnt think about asking when they will sell here. Sorry.
You should call him and ask yourself. Hes very personable and I know he takes many shareholder calls. Call and ask for him (888)926-4682. you might get lucky!
We did discuss the Clearview wrist fixator that will contan the agis pins in the kit to the doctors and hospitals. They are going to be released overseas first (I got the impression that they have something going on overseas like customers waiting/contracts). I did not mention the pin sales on their own. I forgot. sorry.
He had to go
He wont discuss projections until new year but said it was "favorable".
They intend to make application for uplisting next year. He wont give specific date or even month. I am sure that is for disclosure reasons.
I asked about a R/S again and he said its hot happening. he wont discuss contracts being worked on or possible mergers or acquisitions. Hey it was worth a shot to ask right?
I asked about the company diluting equity and he said they have not nor do they intend to dilute. Debts have been settled due to time of year and audits but he does not consider that dilution because they were owed. As for AS being increased, he said it was necessary for the company to be in alignment with other typical cap structures. I told him that that seems to indicate a merger or acquisition is on the horizon and he told me again he wont discuss that.
I asked if biotech was the only thing on the immediate horizon and he said no. They are apparently working on many things some of which are "sensitive" projects as he put it. I asked what other division will be launched next year and he said all divisions are operational to varying extents but only two others are ready to launch products immediately. Security and Aerospace have been ready but it would require hiring more people which he does not think would be prudent to do at this time so he is waiting. All other divisions can be fully operational with final products within 90-120 days and they all have a pipeline of products designed most with final versions of products completed. The only thing the other divisions need would be a confirmed supply chain, manufacturing schedule and in most cases tooling for specific parts of products. Apparently the company has invested over $7M in R&D
The athletic socks they currently are selling are in white and black was suppose to already be out but there was a delay in manufacturing due to production calendar scheduling (time of year). Black athletic socks will be out in January. The HP (High Performance) socks are next along with crew socks and they will be out in February and March. The crew sock will be out in white and black. The HP sock out in white, black, gray, pink and lavender.
I asked about the boxers and they will also be out next year most likely early Q2. Sheets and towels will follow socks. Uniforms for military, law enforcement and medical are all set to go into production 2018 as well.
They are also launching a surgical cleanser and it is currently being "field" tested by doctors knows. There will be a home version as an antimicrobial hand wash and a medical for hospitals.
Guns out in late 2018/2019 with limited release to civilians. he is uncertain yet but thinks less than 300 will be made available to civilians and almost all of that will be to shareholders only.
He just told me that they are planning a town hall style event for next year with shareholders around the world submitting questions live via twitter, facebook, e-mail, text and maybe even in person depending on venue. They are working out the details now and hope to have something ready by mid next year.
I asked abut the shares dumped yesterday and he is aware of it and looking into who had that much and why. he seems pretty irritated about yesterdays volume and price.
Just got call from Mr. Umbra. Hes returning my call from last week. I asked if I could take questions from everyone here and he said ok. I wasnt expecting his call so I came inside to get on the computer to see if anyone had questions. Sorry we didnt get to plan this better.
Anyone have questions? He only has a few minutes
It just dawned on me that the company might be the one buying it down so they can buy large blocks. Not a very Christmas thing to do but it could be for a reason like a merger. If a company is trying to buy them they may have restrictions on percentage of company out. If it is them then we now know what they are doing with their revenues although I dont think wasting capital on a buyback is smart. How would reducing a companys capital help a company expand and make more revenue?
I am not sure I understand their entire plan yet but that doesnt mean much. They have alot of smart folks over there and so far they have proven quite savvy. I will wait to see what the rest of the day looks like
My first thought was to agree with Litar (God help me) about the dilution to a certain extent but the OS has not changed. In order for stock from the company to be sold it must first be issued which would increase the share count.
Also, has anyone noticed that the OS actually decreased? Unless I am mistaken, it was over 360M and now its 352M. If this is actually accurate then I am at a loss to explain how a stock price drops if the company bought back millions of shares.
Why are you saying that sock sales are grinding to a halt? Do you know something?
Box looks set to go up but the time of year makes it difficult to trigger. Volume is much lower than their average 7-8M shares/day. We might have to wait until January to see a rally. By then I suspect their news schedule will begin. Hopefully with news of a merger and serious revenues
Doesnt matter if previous revenues were zero. Increase in projections is good regardless. Shows they are confident in their revenues. I will take them earning $1-2M in what I view their first year of being revenue positive as a really good sign.
Take that with all the other products they are coming out with and departments they are set to launch next year and we have potential 8 figure revenues in their first year of generating revenue! That's pretty darn good in my book. Just wish I didn't have to wait five years to get here but better late than never I suppose.
The time of year doesnt help either. Volume is going to be low no matter what they put out so MM's dont have a lot of resistance from traders or the market. If the company is smart they will keep putting out news to set up something big in January. If they put out the really big stuff now it will just go unnoticed by most of the traders that are out or heading out on vacation for the year. Both my broker and banker leave for vacation the end of this week and wont be back until the third of January although the y both assure me I could reach them on their cell phones. lol.
Why spend $5-$6 (at a minimum) in trading fess to purchase 0.36 cents and $3.59 in stock. Its just beyond obvious what is being done and only a MM would pull a stunt like this because they dont have the fees per trade that we do. They are all so crooked and OTC does nothing to change it.
look at the L2 screen. The trades are intentionally small to step the stock down. This just emphasizes why the company wants to get out of pinks. Pretty sad
I just realized I made a mistake. UATG is projecting $1,000,000-$1,800,000 (on Hygieia socks most likely) which is still very good considering they only have one white ankle sock right now. If they launch the other colors and other products they should do even better maybe 2-3 times earnings these projected numbers ( $3M- $5.4M annual?). Still pretty good considering the company has reported nothing but losses for 5 years. I have to congratulate them for turning things around.
I got a little too excited earlier and made a math mistake. I apologize for the carelessness.
I did not see this coming at all. I couldn't be happier. Has anyone also noticed the quality of the news coming out lately? This company's news has been reading more like a real public company on the bigger exchanges. Much higher level and in line with how the bigger company's put out news also the type of news "real" companys put out. I am very optimistic at the direction we are headed. Things are picking up as well which I hope means even bigger news is coming.