Slow and steady wins the race
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UAT is projecting $3,000,000-$5,400,000 minimum for 2018!!!! This must be just on the Hygieia products they just launched! With the other products UATG could report 8 figures in 2018 alone! I might actually cry like a child on Christmas. I have been waiting for this for 5 years!!! I am speechless
UATG Increases Revenue Guidance NEW PRESS RELEASE
https://globenewswire.com/news-release/2017/12/06/1234051/0/en/Umbra-Applied-Technologies-Group-Increases-Revenue-Guidance.html
Thats what he says hes working on. Biotech department is being launched first then alternative energy department or arms department. When he and I spoke he said guns were either end of 2018 or beginning of 2019 because they have made additional modifications that would make it only for military or police. I dont think he is going to sell to regular folk because of all the nut jobs shooting people in the past year. If all this is still accurate then we should hear something on another department being launched over the next 6-10 months.
$30M in assets with 336M outstanding would put the company at 0.09 cents per share at a minimum and thats not taking into account the new revenues from sales.
Keep in mind Facebook was not profitable for the first year or so, if I am not mistaken, and it was valued at $38/share. Two weeks after its IPO Facebook lost about $35 Billion in value when shares dropped below $29/share. It also took Amazon 6 years after their IPO to show a profit.
If UATG merges with another company on the QX or NYSE they could pull from almost any funding firm or bank when they file the S-1. This makes me think that this is part of their plan to fund the company to expand as they have stated. As long as they are fully reporting and not alternative reporting they can get funding from a bank or institution. What is particularly interesting is that they have been able to get institutional funding without being an SEC filer. What did they show those firms that made them want to invest in UATG?
I am glad to help. Wish I had more insight but they have been tight lipped lately. Even they people I know that know them professionally arent very forthcoming lately, hopefully that is a good sign.
I am glad to help. Wish I had more insight but they have been tight lipped lately. Even they people I know that know them professionally arent very forthcoming lately, hopefully that is a good sign.
Scorpion Works is a division in the company like Lockheads Skunk Works, Boeing Phantom Works, Googles X Division or Targets Crime Lab (I believe CEO was affiliated with Skunk and Phantom in some way in the past). I was told by a Senator that the CEO has a long history in secretive projects (Special Forces, CIA and something called SCS which I have never heard of) and its one of the reasons hes widely respected out of Washington DC. Its because of this tha tI have remained so optimistic about the company. You dont get to that place in the government if you are not a straight arrow. It also means that this man probably has some pretty serious projects under wraps in the companys secret division.
I did call the IR guys yesterday and asked about when we could expect a press release and they told me they didnt know. I called back and asked to speak with Mr. Umbra and he was in a meeting. I sent him an e-mail and he replied this morning. The basic gist was that he could not "comment on specific time of release or content" but that the company will be putting a few things out before the end of the year. Not exactly helpful or informative but it is something I guess.
Everytime I have spoken with the CEO he has been very consistent about having a schedule of press releases, corporate actions and product releases planned out anywhere from 6 months (press releases) to 5 years (products releases) ahead of time.
Most of the people he has around him are prior military, mostly special forces and intelligence guys from several agencies. They are planners and I doubt that much catches them by surprise. I have very little doubt that they have planned all this out and know exactly how everything is going to go. My concerns have always been the fact that the market is very finicky and unpredictable. It would have been helpful if they would have told us what the plan was from the beginning but I understand why they didnt disclose it. Pink sheets are not trustworthy so they didnt take a chance on trusting us. Rightfully so, just look at the games being played with the stock over the past 12 months alone.
Bottom line , I think these guys are the genuine article and are go getters. CEO has kept his word to me and my partners and has been very transparent (where he could be) with us and the public. He seems to do what he promises which is rare in the pinks. I am very optimistic about recovering my losses.
Its beginning
All equity would have to transfer per SEC regulations
If we consider how long M&A's can take (3-6 months), the 2 year audits they are suppose to be handing over to the independent auditors (takes 4-6 months), the review process to uplist (3-4 months) and S-1 (3-6 months); I think we could expect to hear about an uplist and merger within 6 months which would mean we could be trading at senior board minimums within the next 90 days?
Thats a fair guess IMO
This is what I have been saying! They uplist but after they do a merger/acquisition. They would have to payout the shareholders to carry us over to the new company! This is why I said we need to put our heads together and figure out who they are merging with or selling to (although I seriously doubt this CEO would ever give up control in a sale). They have to be a public company and they have to already be on the QX, NYSE or NASDAQ, although my guess the CEO is partial to the NYSE.
I have been tough on this CEO but I have to give credit to the man. He is much more savvy than I gave him credit. Hes at a much higher level than 99% of the pink CEO's
Come on Litar; its Christmas! lol. At least youre consistent. I have to give you that! lol
I have only found 3 companies doing something similar and they are all much more expensive than Hygieia. When I asked company about competitors, he was aware of them and stated that Hygieia has 100% antimicrobial because of their processes. Apparently they use different processes for different applications. He also said that of all the competitors that they tested only two are quality but they are also much more expensive ($20+ per pair of socks). He also mentioned a company that made clothing which charges over $80 for a polo shirt! that is very expensive.
Keep in mind that Hygieia was born because of the military textile they make that conducts electricity and transfers data. Hygieia was obviously made to release to general public and generate sales (and attention). These are all positives in my mind and is a huge step in the right direction considering where the company was a year ago or even 6 months ago.
You dont need to file anything with SEC if youre an alternative reporting company on the pinks. Thats why they are doing it now before they file their S-1, become fully reporting and uplist. This is yet another sign that they are in the process of finishing their audits and preparing to file with the SEC and upist (most likely within OTC before NYSE/NASDAQ) as they have publicly stated several times.
To me this is good news. Means that this CEO has finally gotten is act together and his head out of his rear end
Wow, ALL CAPS? Wonder why you want to emphasize your "dumping" opinion? The thing you should be focused on is why did they only increase it by 200M? Like I have said many times, a small increase in authorized so their cap structure is more typical of big board companies is exactly what we want to see! If they went to a billion authorized the we should be concerned. To me they are preparing to match the cap structures of other companies (it was too small to begin with) which leads me to believe that a merger is on the horizon.
Been saying this for months and I hate to toot my own horn here but I did specifically mention 600-800M authorized did I not? They obviously have contracts and a merger lined up. They have been telegraphing this for months and in many cases told us outright where we were headed.
FYi: authorized was changed on Monday so why is this a big deal 4 days later?
Its not a rumor. It has been stated by the company several times. They are uplisting but we dont know when
I hope you are wrong but I understand your point of view. I think we will be above 0.10 by mid January and over $1 by second quarter. The reason is because of all the news the company has put out about uplisting and products coming out. They can not uplist until they are trading much higher, reporting revenue and fully reporting. This must be part of their plan IMO or they have no chance.
They also have just put out their first product and after 5 years are finally making money. This is a huge step forward and the fact that the liquidity of UATG has increased many times over in the past 6 months is a very good sign. IMO
Not sure why anyone would recommend selling now? It would be crazy to sell this low especially now that they have revenue, retained auditors and legal to uplist! I think we are going to see upward movement over the next 2 months. If they uplist this stock could be worth alot IMO
I dont see this stock breaking a penny this year. Tyaz was on the money although I doubt that will be the case after the first quarter of next year. The CEO obviously has something up his sleeve that makes him think they are uplisting soon so I suspect we will hear or see something that will support that over the next 3-5 months. Maybe we uplist in second quarter? Dare to dream!
I suspect that we will be getting any big news they have within the next week or so. If we dont then they are going to wait until the new year so they start the year with momentum. No sense wasting big news in December when many are not looking. Trading is going to start to decline because of the time of year like it does every December (starting with November).
If they were going to launch new products this year they would have done it by now to make the Christmas sales rush. They obviously were not ready for Black Friday or Cyber Monday. Its a fair guess that they were delayed because of manufacturing scheduling with their manufacturers. Tough to get your products made when your manufacturer makes products for other (and possibly larger) clients.
Based on what we have been told the underwear, high performance socks and sheets will open 2018. Maybe even the medical devices. Either way this company needs to get moving so it can show significant revenue before it can uplist
I asked about the fulfillment center in Spring Hill and he said that was just a mailing annex for them to receive mail. The fulfillment center is in a location in Tampa I think. The original office in Tampa was a hold over from the guys he got rid of and was to small but it was a secured office that they grew out of. He wasnt to happy about it because they spent a lot of money on securing it. It was originally intended to house their weapons sales but that is on the back burner until end of next year.
As for dinner with him, he suggested that I speak with everyone really interested in coming to Tampa and coordinate with yall on two dates during the week and two dates on the weekend (he thought it might be easier for some of us to meet on the weekend because of work schedules). He also suggested we look to after the holidays because he knows how crazy holidays can be and he doesnt want anyone to feel rushed or miss the dinner because they are getting ready for Christmas or New years. He seemed serious and genuinely interested in meeting everyone.
I have to say that with all the stock I own in as many companies as I do, NO CEO has ever offered to take a group of shareholders out to dinner! I honestly dont recall ever hearing about a CEO in any company doing that. This guy always finds a way to surprise me.
I forgot to ask about ihub news releases.
IMO from what I could tell, they are getting ready to expand for some reason. The time frame I'm not sure about but if they buy a place it will most likely need to be fixed up if for no other reason the strict security guidelines they follow so I am thinking that could take 6-10 months depending on what they do and how big this property is. My guess is that they are consolidating their operations so they can manufacture their secret stuff without sending manufacturing out to many different subcontractors (thats what he told me). If that is true and he feels it is necessary so soon (already has banking in place) then there must be a reason for it. He is very conservative financially and I dont see him spending the money for a "stand alone" property and renovations if he didn't think it was needed. I think they are going to start manufacturing more "in house" because of a potential or pending government contracts that they feel is going to be given to them. Maybe UAT was even requested by someone in the government. He is very well respected and liked in DC and military so its not unreasonable to think its possible.
He seemed very confident about the products coming out and up-listing next year. He definitely has something up his sleeve.
Spoke with Mr. Umbra earlier. He said the offices in Tampa are not being utilized as they outgrew the space before they really could use it.
Currently the fulfillment center and the corp offices are under one roof which apparently poses a problem for security reasons. He was very clear about not allowing outsiders onsite while they were in this phase. He did say that they are in the process of looking for a temporary,stand alone fulfillment center space while they look for a property that would be suitable to purchase and renovate that would house corporate offices, manufacturing (of most products onsite), warehouse and fulfillment space. He said that at that time he would love to have shareholders visit and in fact has plans to do shareholder meetings, video conferencing, town halls and product launches from this new site.
I asked how much is this all going to cost and how the company can afford to purchase what sounds to be a very large property and he said he could not get into specifics at this time but that they already had banking in place. He is very eager to have "everything on one secured site, compartmentalized and under his direct consistent oversight".
I asked about the guns and he said that they are scheduled to be released to police and military only at the end of 2018 with a very limited release to regular folk mid 2019. There is a catch though, he will only allow 100 rifles a year to be sold to us and you must be a shareholder of record to be able to buy one. Oh and the price for regular fellers like us is around $5,000.00 for a UBR and $15,0000.00 for the sniper rifle (comes with scope). I get the feeling that he isnt too keen on selling to anyone but military and police.
I asked about the medical devices and he said that the biotech division is in the process of being launched fully. When I asked what the meant he said that all biotech products are being released starting with Hygieia and will continue through 2019. He did say they already have inventory on most of the products currently on the site with a scheduled release date. He also mentioned that some of the products that were on the old site never went away and that they to are scheduled to be released (the crutch is the one I remember because I saw it personally during my meeting with him years ago).
As for contracts, potential mergers or acquisitions- he wont discuss it with me. Which I expected but it doesnt hurt to ask right?
He did offer to have dinner with a few of us and discuss business. He stressed he would not show favoritism and give us any inside information but he would enjoy meeting with us and felt it would be productive on both sides. He said he would bring a few products with him so we could all see and touch them for ourselves.
I have a scheduled call with Mr. Umbra at 1:00 eastern time (in 45 min) to discuss a visit. If anyone has questions you want me to ask him let me know before the call.
If we have a group of investors that want to meet with him, He very well might make an exception. I am going to call them today to see if a meeting is possible and if we can visit corporate offices. I will let everyone know when I get a reply.
No dinner. His assistant called to schedule it before his scheduled trip to Texas but I was going to be on a cruise with my wife at that time. I met him in a more formal business setting in San Antonio a year later.
You cant not just stop by UAT offices. Its a high security site remember, because of the weapons and intelligence stuff? I would recommend you call and ask permission first. When I asked to stop in the Austin offices the answer was an emphatic no but I was offered to meet Mr. Umbra for dinner when he was in town.
Let me know if you get permission to visit because I would be willing to fly up and meet everyone as well.
The reason they want you to put your shares in your name instead of a collective fund is most likely so that the shares can not be borrowed from or leveraged by a brokerage firm shorting the stock. That and they are obviously looking to offer gifts or rewards to shareholders.
Pretty smart actually
I have stock in BRK.B, F, MMM and IHG. They send me gifts every year and I get discounts as a shareholder when my wife and I stay at their hotels and every two years when I buy a new work truck. I am guessing that UATG is working towards doing the same thing for its shareholders and socks are the beginning. With today's press release it does seem like they are growing and will be focusing on including the shareholders. I am actually surprised that they are doing it this soon but it does say a lot about the management team and what their intentions are.
What am I doing that is illegal?
So one guy on iHub is pumping the whole market up? I think you are giving me and iHub too much credit although I am flattered. lol.
How many traders are on this board? UATG has thousands of shareholders?
You are trying to convince everyone here (and maybe yourself) that a dozen traders are the entire market and can be manipulated by one or two of my posts? Not even you can possibly believe that!
Not sure why my posts are getting deleted but it is odd considering I am not saying anything that is not been publicly announced. That said, how is it that its always "Alex" selling and we never see a filing to support the accusations? You are aware that in order for a CEO to sell his shares he has to file a Form 4?
Government is going to award contracts to the company that can deliver what they need at the price they want so long as they make everything here in the this country. Its really that simple. They dont care about stock price at all. Its about ability,quality and price. Period
Gents, military contracts, pallet or box size, sec investigations....
Seriously, you should listen to yourselves complain about and speculate about every little thing. The company literally just launched their first product a month ago! The CEO is clearly VERY engaged and reaches out to the shareholders regularly. The company is funded and literally in the process of launching a full line of biotech products. They are one of the few penny stock companies that are actually delivering a product and one of high quality at that!
I get the impression that if the CEO posted a picture of him shaking The Presidents hand in The Oval office with General Kelly after signing a contract to build 10 new aircraft carriers and air force one fleet, there would still be people on this board complaining about PPS or contract not big enough. IMO
My point is maybe we should give the company more than a few weeks to be on the NYSE trading at $800/share making billions?
I received the magnet and window decal as well. I mentioned it earlier but I think it was missed. They really did a good job delivering their first product. They are off to a great start and I am encouraged by the quality and attention to detail. They should be proud of theselves.
So I finally sat down and read all the sock packaging and really looked at the socks. Very good quality and they feel really good but the stand out to me was the card they put the instructions for cleaning the socks. Very slick and high end looking (even the mail bag it comes in) but the instructions are actually very funny and made me laugh.
Good to see they dont take themselves too seriously considering all the government stuff they do. I really like how they are developing this product as a stand alone high quality brand separate form military government products. Very smart strategy that will set them up to take on Nike and Under Armour down the road. Very smart fellas up there in UAT
I just received a call from Mr. Umbra. His people are tracking the orders and letting him know that they are arriving ok. He called to ask me what I thought and wanted me to send him pictures of the outside packaging and the socks in the condition they arrived. Apparently he had concerns about the packaging being white and arriving dirty. He wanted to make sure the bag was not punctured or the socks damaged.
The guy is pretty thorough and no detail is too small. I really like how humble and willing to get into the little things this guy is. Pretty surprising for a CEO to care so much about every little thing.
Wow! You must be new so here you go https://hygieiasport.com/
I would also encourage you to go to the Umbra Applied Technologies website:
http://umbraappliedtechnologies.com/
UAT is the subsidiary of UATG and sells several things to the public. The products that are coming out next are a high performance sock and boxer briefs (we think). The athletic sock was just released a month ago and they just started shipping to customers. Biotech is the division launching all the new products here:
http://umbraappliedtechnologies.com/bio-tech/
The other products or services they do are government items
Good news! My socks just arrived!!! I will be giving a few pairs to friends to see what they think. Packaging is very nice and they seem well made. They even came with a magnet for my fridge and a sticker that my grandson has already taken a his own.