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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The number I have called many times works and is not a law firm. I have no idea what number you are calling
Ok that was hilarious. I dont think you are dealing with the type of guy that understands the premise of your sarcasm if you know what I mean. lmao
level 2
Oh look. The bid has dropped on UCIX. According to some here UCIX is a dead company shell but suddenly the spread is wider and bid is down. Wonder why that is? Like I said, all this negative posting and bashing the company spreads and effects things. I am sure some here will come up with some very amazing and completely incoherent fantasy land excuse just so they dont have to admit that I had a point but yet again, a few effect everyone else. Even when the company is trying to turn things around which is what EVERYONE "says" they want, you have a few here determined to get in the way of any progress no matter how small it is.
If this keeps happening then the company will have no choice but to do a reverse and it will of course be our own fault. After all UCIX has made no announcements and Mr. Umbra has said nothing about UCIX. I should have kept my mouth shut and not shared this info. I was naive to think that the community here would be supportive of the company turning things around
I dont know about the "entire" fortune 500 buuuuut.......
lol
Agreed and some need meds more than others.
I apologize. I misunderstood the posts and I agree
Every company and I mean EVERY company uses stock footage and video for marketing. More than half of what you see on TV and magazines is stock footage based. It keeps costs down and is more cost effective, Thats why its such a big business.
The photos on the website selling socks are all real but even if they weren't it wouldn't mean that the company is a fake. Mixing stock photos with product photos doesnt mean anything and more importantly is not fraud or illegal. That was the specific point I was making.
Anyone here is free to interpret the photos how they want but those saying the company is fake or the management are criminals based on that is a little ridiculous. JMO
Well with what I can only assume is your vast experience in business and design perhaps you should call the CEO and offer your services to improve the logo, share price, website etc. Since you are so passionate and invested in this ticker. Might help all of us as fellow shareholders. let us know how it goes.
No one here is responsible for your investment decisions and any losses you might have incurred. Attacking us is unprofessional and discourteous.
So as a moderator I ask everyone to do their best with treating each other with respect and personally attack others. Your response as a fellow moderator is to call me stupid? Nice.
Prove he lied about photo shoot. Were you there? Do you know that a photo-shoot did not take place? Interestingly how do yo think the photos of the socks and packaging were taken and put on the website and social media? Isnt that in it self evidence of a photo-shoot?
Besides all that, what friggen difference does it make if a photo shot took place or not!? UATG is not a modeling agency or camera company! Priorities.
Youre right. I need to step back more because its not worth it.
I agree, I seriously doubt that the CEO of ANY company spends time on the boards.
The photo-shoot is very over dramatized. They have real photos on the site and any other photos of other products that might be renderings or use stock photos is not news because literally every company does this. This is much a do about nothing.
The ticker is down at this price for many reasons and the companys behavior has not helped. I dont think we need a million posts on that. Most of the people here are already VERY aware that we are down and have lost money. No need to add insult to injury.
I agree with your opinion but do not completely agree with your premise. The company has in fact delivered (after years of not delivering) but has definitely fallen short. CEO has to be mindful of his and the companys image which in my opinion has been tarnished by significant under performance. If he doesn't deliver it will ALWAYS be perceived as a lie and thats not good for the company or the shareholders. Hopefully he will deliver on his promises now that we are starting to see part of the plan.
As difficult as it might be please treat everyone with courtesy and respect. Personal attacks and/or taunts are not a positive contribution to the purpose of any board. This is suppose to be a place where cooperation helps others and not a therapy session to work through ones issues or take emotions out on the others that have a shared interest with you. I dont think anyone here or any other board has an issue with conflicting ideas or even criticisms of the company but please be mindful of how you express your ideas so as to not attack others or their opinions.
Hoping for this to be a good year for AMMX
I dont like to be negative but Mr. Bird and Mr. Russel are not the right guys to run this. I have said many time that I feel their inexperience running a public company was going to be an issue and I believe that unfortunately history to date has proven I was probably correct.
I think a few of us are going to get a real chuckle after everything happens. These calls for pumps are probably just another reason the company chose the strategy they did. They had to have known how a few would act. IMO,
You are assuming the posters were telling the truth and not pumping for themselves. How do you know what the CEO actually said and if they even called/spoke with him?
I have spoken with him a few times and asked about what he has supposedly told others. He confirmed much of it but a few others apparently either embellished their conversation or never spoke with him. The company has definitely fallen short and this has upset many which is why I think some decided to jump on the band wagon and add some BS to the story. Thats why its best to speak directly to the company and why the should put out some press. JMO
Ok that was actually funny. You made me laugh. Good to see you here. Just saw your email. I will reply. Thank you
I agree. Pump and dumps dont last 8-9 years.
I am an employee of UAT now? Of course I am. ANYTIME anyone on the UATG board says anything that some agree with they accuse you of working for the company! Pathetic tactic and sad that it has been brought over to this board.
Here you go YOU ARE RIGHT AND I AM WRONG. happy?
I am done. You should refrain from messaging me because I wouldn't want you to get in trouble for insider trading. After all I am an employee right?
I cant go back and forth. I have reports and actual DD to finish on other companies. Good luck to you. We will just have to wait and see what happens.
Are you seriously asking me how a trader could drive price on a non-trading/low volume trading ticker?
THAT IS LITERALLY THE EASIEST TICKER TO MANIPULATE!
Come on man! thats trading 101. Of course low volume is vulnerable. THERES NO SUPPORT!!!
Youre offended, I get it but that doesnt make you correct. You can question my experience if you want (doesnt really bother me) but I have enough experience to know what it takes to restructure a company and launch new. It aint cheap "dude". Also, takes alot of time and effort. Like I said in a past post, they could have gone other routes that would have been cheaper faster.
As for your claim that traders cant tank a company... and Im the naive and inexperienced one? who exactly do you think trades 99% of the market?
or is this where you say "I said Permanently" tank the market? If so I never once mentioned the word permanent in any of my posts which is the post you were responding to when you used that particular adverb.
More importantly why change the subject?
Tell me again how you want to help the company? Ego "dude" and all emotion. Not exactly good bed fellows when investing ones money. JMO
I agree that the company should have been more careful about letting any part of their plan out but disagree that you are helping them in anyway. lol Come on!
You clearly care more about being right about losing money than being wrong and making money just so you dont look stupid to who? People here on the board? Who cares what anyone thinks if we are making money. Money does not care about ego or whos bank account its in. Its money!
In the end, we will see soon enough what happens. Obviously something is going on and they are spending a lot of money to do it. Whatever it is.
I have had many conversations with the CEO and a few others. They all seem like good guys and are very "military" but I have always been concerned about the CEO's inflexibility about certain strategies. I completely understand that he has a lot of hard choices to make and I genuinely empathize with what he has had to overcome. The guys I spoke with are not stupid people, they are all very smart but they all operate like they are still in the military and they are not. This is Wall Street and its nasty. There is no military code or honor on the street. Its all about money and until they accept that this is all about money they will be behind. He once told me that he understands that this all about money for me but for him and "his team" its about much more. When I asked him what it was about then he said he saw this company as a tech company that will "support global U.S. interests". When I asked what that even means he said that "he intends to have the company develop tech that supports our way of life". Who talks like that? Only soldiers!
That said, those answers told me one thing for sure, he has no intention of letting this company fail and every intention of moving forward with his plan for the company (thats why I stay with this ticker). Hes not a crook hes an idealist and that is why I call him to hopefully wake him up that while I respect his patriotism or ideology I am concerned that he doesnt understand that Wall Street does NOT care about your agenda- it cares about your market value. His response to that was "a company is not a company unless it actually makes something and sells it at a profit". Of course I agree in part but I disagree that a "company" is solely that. He does not like the way people manipulate or play with stock by telling stories and I have told him that is what people think he is doing because they have fallen behind, over promised and under delivered. He accepted that and said he understood why people think that about him but he insists that they will "correct" their opinion once he is finished. The problem with that plan is WHEN- when is that going to happen. He MUST manage the public perception of the company and himself better so that shareholders know to be patient a bit longer.
To answer your question, I am not sure if they screwed up but they made a decision that left opportunity for trouble which I do not like. You can not trust shareholders to "help" you because they are not on "your" team. They are on THEIR team, they care about THEIR money and they dont know whats going on behind the scenes. You have to protect the company and its shareholders from everything and everyone including themselves. A very wise and experienced CEO told me that once and he was right! This CEO needs to learn that!
Of course if a merger is announced within the next 30 days I would have been wrong but 30 days is long enough for shorters to ruin everything IMO
I dont see it now. I might have had an old screen up when I switched to my lap top. Doing reports and it was in the way. lol. my mistake. I took my post down
Unfortunately, we have discussed parts of this before and for some reason I havnt explained it correctly. I think this is one of those things that are best learned going through it. I think that even though you will make money on this you will still be disgruntled and complain because your expectations are based on a lack of understanding of how this sort of thing works. Seeing a 500% ROI on this is not going to happen unless its over time and everything goes well throughout the years following the merger (think AMZN, GOOG, AAPL,NFLX etc - it takes time to gain that type of value)
Also, if the company wanted everyone to know what was going on with a potential merger they would have made an announcement. Like most companies going through a sale or merger they have chosen not to release the information for what I am assuming are many reasons. You say you are interested in supporting the company but what happens if this new vehicle becomes tainted because shareholders who do not understand what is going on decide to be spiteful and tank this new company? Its clearly vulnerable right now which is why guys like me and Gordo advocated for a R/S a while ago- it reduced corp exposure and eliminated this issue. We saw this coming and saw this exposure. Thats experience and inexperience on the company part. Of course when that happens shareholders like yourself will just fall back on "I told you so" and "I knew it". Problem with that is we all lose including those complaining (I would rather be wrong and make a serious ROI than brag about being right about losing money). How is that helping the company or even ourselves? This is also why guys like Gordo have requested for me to stop posting-because they see me saying too much and sharing with the wrong people. You can reply with whatever you want (Alex is evil, this is all his fault, maybe if they were more transparent, etc) but the bottom line is that traders dont give a shit about long term strategies and people holding as an actual investment lose.
Blaming and complaining NEVER brings a solution to a problem. Thats a fact and one that I would hope you embrace because if you are looking to help it might be better to focus on solutions than complaining about problems most of which are not constructive or even accurate, ie, "CEO is evil", "he spent shareholders money buying fancy houses" or "company is dumping UATG shareholders" - CEO is not evil, he is an idiot for letting half this shit happen and too idealistic for thinking he could fix this with his high and mighty way. Anyone who did more than two minute google search could see that the CEO has had significant assets well before he was the CEO of this company most of which was in real estate (I am assuming his own money is what kept this company afloat during the debacle with the crooks before - show me where he even took a salary for the 4 or five years or when he has made over $10K in any given year following? I cant find it on any of the filings). Anyone who assumes that a merger with a new company means shareholders get dumped clearly doesn't understand M&A.
My point is that much of what is said on these boards is completely inaccurate and mostly assumptions by individuals that not only dont understand but hate the company/CEO because of what they dont know. Remember, its not what you know that hurts you its what you dont know.
Sharing information like I have shared with you can be used by people who have bad intentions. Way too many examples to site to prove that.
Everything said, I dont blame you I blame the company. If they are in fact doing a merger and traders come in to drag the new company down, then we will be set back years and it would have cost the company (and shareholders) hundreds of thousands of dollars if not more (and thats if it doesnt tank the whole company and we lose all of our investment because of day traders shorting). The management of this company just pulled a big amateur move and it could cost all of us. You would think that all these military and government people would know how to keep things under wraps better. AMATEURS! If they werent going to a R/S a year ago and they knew they were doing a merger (which of course they had to because this has obviously been planned for a long time) they should have formed a separate company in a non-disclosing state like WY and dropped their assets into the new company at the last minute! Unless of course they accounted for all this which I would be surprised about.
My guess is that if this ticker starts dropping, a light bulb will go off in managements head and they will just abandon the new company and we will be right back to where we started. At that point what other choice does management have other than to do a R/S and start over with a new cap structure? Especially after going through 6-7 figures for no damn reason!
Of course I could be wrong and they could have some big announcements lined up according to some big plan that would render my argument moot but that would surprise me because my way would still have been better. JMO
I am not saying you are wrong but I just dont see the advantage or why they would. They could do it now with UATG with a lot less effort and little to no money out of pocket. Why spend hundreds of thousands of dollars on a new company when you could do a R/S for almost free (some cost with transfer agent and the state I am sure but not much). It could also be done within days as opposed to restructuring a new company over weeks or months depending on time of year, company, OTC, SEC and FINRA. The filings alone are a pain in the butt. If they did a reverse now its probably just a few documents as opposed to the dozens of sets of documents they have been filing. Hell, you could probably buy a nice house with the amount they are probably spending on legal fees alone.
They could file a Form 10 or S-1 for less than $50k, it would be easier and less expensive than restructuring a new company and take 60-90 days maybe. Much easier and cheaper. Would also be more desirable from strictly a money grab point of view.
If they are scamming and ripping everyone off they are literally going about it the longest, most expensive and difficult way possible. They chose this way for a reason and money aint it! I know you dont like them but even you have to agree with what I am saying here and you have to see that they are definitely up to something. If nothing else I know you are not an idiot and have been trading for a long time. You have to see that this is not as straight forward as some think and that dismissing what is going on as a total scam is not wise from an investment point of view. Those who dismiss this will miss the window of opportunity. I could be wrong as I have been in the past but I doubt it.
I will admit that I dont invest much in OTC (until about 3 years ago) and will continue to be very limited into my foray into BB companies but I dont see how the "number one scam" is fake reverse mergers especially when its not necessary for a company to do so (unless its a strategic benefit). They literally will see no long term benefit in doing it without real business to support it.
Also, you make a lot of theorized comments but lack the supporting knowledge of the fundamentals needed to support your theories/accusation.
Your assertion that "The ONLY thing they are going to put into UCIX holding is UATG!", is not plausible mostly because it would be a useless exercise and waste of money. UATG can not be put into a fully reporting company without itself being a fully reporting company (within 30 days) or else the reporting entity would lose its reporting status according to SEC regulations (so why do it!?). Also, to buy and restructure a new company costs hundreds of thousands of dollars minimum (depending on the company) when if a scam or restructuring was all they were after they could file an S-1 for under $50K - so again I ask, why bother with a new company? If their goal was to screw everyone over by "dumping" UATG shareholders, why not just do a massive R/S and file a new S-1? It would be MUCH faster, MUCH cheaper and would eliminate most shareholders (if they are all bout money and putting all that money in their pockets then why not go the fast cheap route?). For that matter they could file a Form-10 and save a ton of money and time. Dosnt add up to me-sorry.
"There is no new company. UCIX is an empty shell"-while true at face value it isnt the whole picture nor the whole truth. UCIX is a public vehicle obviously being prepped as a holding company to support an M&A business model. This is consistent with what management has said about the direction they intended to take the company. All entities are "empty" until you put something into it. This is not new and is fairly common.
"I think someone who lies for 6 years then dumps his shareholders to go start on some other empty shell...", You are again not being accurate. Management has fallen short on delivering certain aspects and has been ridiculously late on what they actually finally delivered but that doesnt mean they intended to deceive or that they lied. They have addressed most of these issues publicly and have continued to be responsive to shareholders who take the time to call or write. Scammers dont do that. I also dont know where you get the whole we got "dumped" thing but I dont see it. We are still shareholders and if a merger does take place we will still be shareholders.
"There is no new company. UCIX is an empty shell. There is nothing new", UCIX like ALL restructured public entities is in fact a "new" company legally and under SEC regs (check the filings). Pretty straight forward there.
"You know as well as I that if they had real technologies that were genuinely worth 35,000,000$ they would very easily have been able to go to a bank or VC to raise a 5M$ Series A", I am not sure where to start with this as there are many issues with this niave statement about financing. You clearly do not understand Reg A financing guidelines. Market liquidity would need to support the third party capital investment, it costs money to do it, etc but the real question is that if its so easy as you say then why dont ALL companies on OTC do it? There is a very good reason that you dont see arbitrage banking or regulatory filed capitalization on OTC. You do realize that OTC is not an exchange right? OTC is a reporting service and very few companies meet bank underwriting guidelines or financing requirements from all angles. UATG doesnt even come close although I would argue that they could and that is what they are doing. Also, I have detailed this before but for some reason GAAP accounting practices seem to be an enigma here. The company has $35M on its balance sheet because thats what they paid for their assets (companies, IP, etc). This is not fabricated as there is supporting documentation that proves it so, YES they really have $35M in assets. That doesnt mean its easy to just go get financing. The type of assets matter depending on the institution.
I could go on but my point should be made by now.
I am not trying to pick you apart or insult you but you are very emotional and I think a lot of it has to do with your lack of understanding of the public/capital markets fundamentals and legal side of the markets. Again, I am not defending the companys short comings or where they have over promised and under delivered but a company being niave or overly optimistic is not the same as literally demonizing the CEO as some monster who planned this from the beginning and who is coming in the night to steal our wallets.
Also, you are flat wrong about Gordo and it is ridiculous and ignorant to say that we didnt lose anything on the boards when we lost the ability to get insight from a shareholder who has been around since the beginning. Thats part of my issue with these boards- heavy on emotion and very light on facts and civility. Thats all I will say about that. Gordo can defend himself which he probably wont and which you probably already knew.
The point that matters for me is that I am in UATG and will remain so until I see the ROI I want and which I believe will come in time. JMO
Why would he? If the cap structure has already been restructured why would he do another one on top of that instead of doing it all at once the initial time? He could have done it with UATG at anytime including right now but he refuses to do so. Why?
Uhhh the R/S already happened. Well before any of us got here. Check the filings.
You dont call whats happening r what has happened with UCIX a restructuring? What do you call a reduction in O/S or a R/S?
I have tried to help and have explained/over explained as much as I could. You go back and forth and flip out and go over the top negative as soon as things happen or dont happen to YOUR schedule. Maybe the company is not operating according to your schedule or even according to their own. The regulators operate according to their schedule and with what has happened with this NEW company they are obviously involved which changes everything including the best laid plans. I see a a lot changing including this company because its existence is actual evidence that things are happening. I am not completely sure what that is but I dont automatically assume that its all bad or that the sky is falling.
You ever think that all the negative comments and supposed conclusion of facts actually effects the stock of which you own and complain about. You are actually working against yourself not to mention effecting the other shareholders.
At the risk of insulting you (which of course is not my intention) I would also add that as a moderator you might choose your words more carefully to at least edit some of your previous vulgarity from your comments. Anyone else would have their comments removed for less.
Hopefully management has what they need to finally get a product to market and bring in revenues. We will see
As do I. Everyone!
I was about to wish everyone a Happy New Year but saw that the tone of the UATG board has been brought over to here to the extent of the header on this page being beyond negative and pretty unprofessional.
Also read a few comments about cap structure and the subsequent interpretation of it. Why not simply see it as a restructuring? At some point everyone might see why sharing anything here other than animus for the CEO is useless but also will only influence others to behave negatively.
You think they went through all this to trick us? lmao. And people say I am paranoid and skeptical! The amount of work AND MONEY required to take control and do filings is significant for something like this not to mention the SEC/Finra has to sign off on it! It would be a mistake on their part to play games with SEC/Finra. I also dont think any law firm would help them to do something like that. At least not the one UATG is currently using.
We have discussed the idea of raising money in UATG MANY times, not sure why you ignore the obvious on that one but thats your prerogative. I for one do not want to wait on such a strategy. It would take years to get above a dollar as they fight through all the cheap stock that brought the price down 4 years ago and every day until the present price. What do you think the shareholders who bought in at 0.001 are going to do when pps goes to 0.002? Or the shareholders who bought in at 0.002 are going to do when pps goes to 0.003? Or the shareholders who bought in at 0.003 are going to do when pps goes to 0.004? Or the shareholders who bought in at 0.004 are going to do when pps goes to 0.006? (see where I am going with this?) AND what do you think is going to happen each time they sell - thats right the pps is going to drop and then have to build again. How long do you think it will take to get to $1 $2, $3, $4? I am not sitting around for that circus. The CEO has the right strategy and he needs to stick to it and get it done. If he does, we could be above $5 in months not in decades!
Not sure why we keep discussing this but its pretty basic and I respectfully disagree with your assessment that the CEO should "fix" UATG by taking the long way. Its been long enough! I would also not dismiss Gordo so quickly because that guy and his partners have a lot of experience, success and insight when it comes to these sort of things. He has been very helpful in the past and trust me that is saying a lot coming from me. Most people are full of it and can offer very little real insight into the markets. I also have to point out, that hes been right on a lot thus far, just not accurate on timelines which would be very difficult for anyone to be if they are not on the inside. JMO
That prediction assumes no assets or revenues supporting a higher market cap. We have no idea what they are bringing into the company