Slow and steady wins the race
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This is all intentional manipulation from mm's and pink sheet flippers that will keep the stock down just to make a fraction of a cent at a time instead of allowing the stock to grow. The reason the OTC has the credibility problems it has and this is why I feel a rs is the answer. Need to clean this stock up and move upward. Its a shame they will never do it because I dont see this stock ever moving into multiple dollar territory anytime soon. Unless of course a merger is imminent which of course they would never tell us so I am left to wonder what the plan actually is.
Has anyone seen this: http://umbraappliedtechnologies.com/video-vote/
I received an email on this
I don't really find it strange that they aren't fully marketing a product they aren't currently launching. It would not be smart to launch several products at once for most companies never mind a company that is basically a start-up launching their very first product. APPL can pull that off, UATG is not even close to being AAPL. I take the company website and all the products they have on display as nothing more than an attempt to show capabilities. Which if i am being fair seem to be very impressive. That said the company does not have the money to do R&D, product launch and marketing for multiple new products. It would be a complete waste of reserve capital to not FULLY support a singular product launch to insure its success the best they can. Now that I think of it I am encouraged with how focused the company appears to be while still maintain its capabilities to come up with new technology/products. Can you imagine what everyone would say if the company tried to put out several products all at the same time? They are naive, inexperienced,unproffesional, negligent, trying to do too much at one time, wasting money, setting themselves up for failure etc.
I agree with your suspicions of an OTC company but I seriously doubt a CEO with his security clearances, no criminal record and the relationships he has in Washington and around the country with elected and public officials would all of a sudden destroy his credibility and reputation by violating federal law and SEC regulations by manipulating and shorting his stock. That is a bridge too far IMO. I think a more realistic assessment would be that this CEO has taken on a really big problem with fixing this company and taking into consideration his background with intelligence services, is being very cautious about how he manages information. The problem I have with this strategy is that this is not a government agency. This is a publicly traded company and we need as much information as possible so we can understand his plan to fix this mess.
From my conversations with him and with people that know and have worked with him he is by all accounts a straight arrow but is also very strict about security and secrecy. Everyone that I have spoken to about him absolutely thinks he is the best thing since the wheel and trust him without question. That is what has been keeping me hanging on to hope this long. To his credit he has made progress. Just not fast enough for my taste. That's me being selfish. I will say that the surgeries are impressive and I don't see him holding that information back at all. He just put those videos out a month ago so I take that more of a signal of what is to come more than some nefarious agenda.
Mr Umbra has discussed the other products in interviews and articles. If I'm not mistaken he mentioned medical devices coming out next year. I know he mentioned that they did that implan surgery a few years ago and have been monitoring the patient. Maybe 4 years ago they did did it? Not sure when they did it but I am sure he discussed it with that odd Rich fella in youtube. If they are launching the devices within the next 4-5 months it's probably a good bet they have contracts lined up. No company launches cold especially with the contacts this company has within the medical industry. I know at least one of the board members is known internationally for implants.
Also, Mr Umbra mentioned he would be updating the website and releasing more videos and information as they ended the year. He has said that publicly a few times if I'm. It mistaken. He also said he would be engaging shareholders more which he apparently has been doing considering the beta testers that received socks before they were even announced and the amount of people he directly corresponds with. It will be interesting to see what he does to continue that.
Not sure why anyone would think that a CEO would intentionally keep a share price down but I don't see how that would be advantageous for a company. Can anyone come up with a reason for a company keeping share price down?
Also, just curious, has anyone here tried to call company and have you spoken with Mr. Umbra? Seems like I am the only one and I am wondering why?
A good point was brought up. Who has ordered the socks and what was their order number? I have to check but I think my order number a hundred something. I will try to figure out how I can check it and get back to everyone. Not sure why the company would not start with number one unless that is a thing in the business or the credit card company they are w0rking with.
Thank you Oathkeeper. I wish I could take credit for the DD but I had a lot of help form my partners and attorney. The best thing that happen to this company was a CEO that doesn't put up with any s--- and fired those who created this mess. He is literally our only hope to get our money back so we will continue to support him the best we can but we do have our doubts that he can fix everything! Its just such a big mountain to climb. I do believe he is determined and based on his reputation is a good man with good intentions so we will see
You are correct that I am new to "posting". One of my partners who was also a victim of the previous President and CEO of Intrepid before they were bought by UATG, referred me to IHUB. I only own one pink sheet stock and it has been a big mistake so far. I honestly dont know how this OTC is allowed to operate. As for my interest in UATG it began when Intrepid was bought by UATG and my attorney contacted the new company. Mr. Umbra was vetted by my attorney on behalf of me and my partners. I then requested to speak directly with Mr. Umbra and he obliged eagerly. I found him to be honest and sincere. He was very helpful and sympathetic to my situation. He also had already removed the two individuals responsible for all the issues which to me was a good sign that he was on to their game before many of us were and removed them before anyone knew what they had done. He didnt need to be told to do the right thing. He also took full responsibility even though legally he didn't have to considering that much of it took place before he bought them. He clearly has integrity but I am not sure if that is enough. He seems to have a plan and is very confident so I remain optimistic the best I can. Me and my partners have seven figures in this deal (or intrepid holdings) and lowering my cost basis as a few have suggested would require buying more stock than I am willing to do or can afford. I have reduced my cost the best I can within my comfort zone. My original cost was over $1 and now am much lower but no where near 0.007. All of my stock is in cert form and all of my dealings with the company have been direct. I like to talk to the people I am doing business with especially when things havnt gone well.
Wow. I step away for a few hours and all hell breaks out on this board. I will try to respond to all this but I won't make a habit of doing so when most is none sense.
1. I am not sure why anyone would think that the CEO of UATG listens to me specifically. I called him with a legitimate issue from previous deal before he acquired Intrepid Holdings. He was responsive and friendly. ANYONE can contact him. ANYONE. Why no one here has is odd to me. In the past when I contacted him I offered to convey questions from this board as a courtesy. From now on it would probably be best if those with questions contact the company directly. This is becoming a bit over the top
2. I NEVER said that ANYONE in the company told me they were doing a RS. NEVER. IT IS MY OPTION THAT IT MAY BE A REASONABLE AND ONLY OPTION. I then asked if anyone said another way. Smitty is clearly a shorter and a flipper. He's also a liar. Pretty obvious.
Perhaps but I have a very large block of UATG so a RS would benefit me depending on the ratio of course. The OS and float are too large for penny stock holders. They are never going to be patient and let this stock get above a few pennies. A multi million dollar contract would not help either. Just look at the trading history. Every time any of these investors sees an opportunity to make even the smallest profit they sell rather than hold. If you look at the trading history there will be alot of resistance below 0.15 cents because that is where almost all the big volume took place over the past 12-14 months. If the company is going to trade healthy and uplist they will need to either do a buyback (which would reduce company capital) or RS along with generating 7-8 figures in revenue before up listing. I am not saying it can not be done without a RS but that it is going to take a very long time without it. Unless of course Mr. Umbra has a merger on the horizon. Anyone see it differently please let me know because I could use some good news.
You think I scared people because I mentioned a practical and sound strategy to get company better positioned? How is that when I say something positive, I am in the tank for the company or I am actually the CEO of UATG posing as someone else with no positive movement in the stock price but when I mention a RS, the stock going down is my fault? You cant have it both ways folks.
I mentioned a RS because it will get the share price to where gains can be made and the smaller holders who are flipping out of the stock. That doesnt mean I have The CEO's ear anymore than you do. Something I doubt you have even tried considering your post. You should try calling the company and actually speak with someone instead of speculating and trying to cause panic. The more educated all of us are the better.
Well I think there is a lot more planned but what are their revenue potential? As for socks, they probably sold quite a few considering I ordered before the announcement of the launch and was order #103. Their are people on this board that said their order number was over 1000 so that's a lot of orders. No way to tell how many pairs those people bought but 1000 pairs is not too bad in first few days
20:1 RS would put the share price at 0.16 and leave 12M shares in the float. Would get us past the 0.15 threshold with revenue (hopefully) and give us the chance to head north of 0.25 cents. It's a start and at least offers some hope to long term folks like myself.
This company needs to restructure its cap structure. There are too many inexpensive shares out there. Get past a few pennies is going to be VERY difficult. They need to do a RS. It's a shame Mr Umbra is so dead set on not doing one. I'm sure he has his reasons but I don't see a better long term strategy to correct this problem. Anyone else see a better way than a RS?
Nite proves that OTC has no interest in cleaning their act up. They should not be allowed to be a MM. they play far too many games and abuse their authority. I really believe that most if not all of the short interest in OTC can be traced back to Nite. I really do hope Mr. Umbra has something up his sleave that way allow him to up list out of this bulletin board stuff. Maybe the other products within Hygieia or the other products he mentioned in biotechnology will be the thing that will create the revenue windfall needed. I think Mr Umbra is a good guy with really good intentions but that may not be enough. To his credit he has followed through so far and has made significant gains with the stocks md company. More is needed but I'm sure he and everyone else already know that so I will stop my belly aching. I am hopeful but a little skeptical that this will ever return my investment to me nevermind make a profit. We will see.
Just got back from lunch and L2 is odd considering all the stock the MM's moved over the past 2 months. It is possible that that they are holding on selling for a higher price and are still trying to buy cheap but no one is stupid enough to sell to them. If they are loading I wonder what their Ask price will be for dumping? maybe a penny penny and a half unless they are aware of the launch or news and are speculating higher returns. Either way it looks like the MM's might smell the money now. We will see.
L2 just reset. Be interesting to see what the correction at the open looks like
I understand but there went the last two days of gains!
Why would you sell that low? You could have sold it for more earlier or held until next quarters numbers come out which would obviously be a boost for the stock considering it would be the first time they were cash flow positive.
This is the problem with OTC. They allow the MM's to play games with stocks. I can really understand why Mr. Umbra is so determined to up list out. I just dont know how hes going to pull it off without a miracle. He seems pretty confident and so far hes done what he said so I will give the man the benefit of the doubt
I dont recall him saying that there were surprises this week. Cant imagine a company would put something out to top a product launch. Wouldnt be smart. I did just watch the video from the factory floor which was pretty cool to see
I am not aware of any secret announcement. Mr. Umbra said he was going to announce something that would engage shareholders in the design of products. I could be mistaken but I was thinking a shareholders conf call or something like that
Why would anyone invested in UATG intentionally cut a 7% gain to less than 3%? Cant break a penny that way can we?
Not to offend but I hope your predictions are wrong. This stock has been anything but "too god to be true" for me. Almost 5 years and its just starting to turn around and has a VERY long way back to $1 which is where I need to go past. Lets hope this CEO can deliver the uplist he promised.
Name is spelled differently than review. Helvier not Heavier. It is odd that the name is so close and they both are cyclists
Launch video was 15 seconds.
Apparently it already has generated revenue. They had alot of people sign up for pre-orders and they just launched yesterday. I suspect they have sold quite a few as of today. After waiting almost 5 years for this company to do something, I will take what I can get! I am just glad that the CEO has turned things around
Stock is starting trend of gaining 4-6% daily. I like the slow and steady growth. Has longevity. Lets hope this continues
No Dip. I think they forward it to him. You have to ask for him specifically. Its what I did in the beginning. First e-mail response took a few days probably because it has to go to a few people before reaching him. He will definitely get back to you. you can even call him directly. If you call the 888 number and ask for him he might actually pick up if hes not on a call. If he doesn't, leave your name and number with the secretary and he will call you back or his assistant will call you to schedule call
Looks like the MM's are struggling with why no one is selling them stock at their ridiculous bid. Perhaps they should start reading the PR we do. lol
Socks are just white and gray. Next to launch are the black socks I believe. Then some type of high performance jogging sock, crew sock and diabetic sock.
Did you hear that athletic shirts were coming as well?
Got a reply from Mr. Umbra. He is not going to do a national television spot because they are in the middle of "further vetting" the marketing strategy for this launch. Once they have everything fine tuned and after they launch the other products in the product line, they will be doing a national spot.
He also mentioned that he has spoken with their IR firm and they are putting together a proposal for a marketing plan that includes iHub.
As for what products are next he said that they are putting out most of the sock lines first and are in the middle of finalizing the supply chain and manufacturing for the sheets. He expects to have sheets out Q1 of next year. He said he had a few surprises between now and then so we will see.
He gave no details on any strategy questions I asked. Very tight lipped about that so he clearly has something up his sleeve.
I also asked about Canadian customers and he said he is working on that solution but if there are any Canadian shareholders that want socks he will make sure that they can purchase them. For those of you from Canada you might want to contact him and see what hes willing to do.
Hope this helped
We opened neutral at 8 w/ 156,248V
CDEL tried to pull their usual BS w/ 1,086,904 on the bid at 56
NITE was sleeping at the wheel on the open but apparently has woken up and support seems to be headed to 85-98
As of right now we are at 85 up 6% with NITE sitting on the bid at 65. Lets hope for a good day
I saw that product. Mr Umbra brought it up when I asked about competitors a few weeks back. They had some pretty bad reviews and I know he's aware of them and one other company but apparently their process is not as good as UAT's. He said the UAT process is much more expensive which is odd considering they are basically 3 pairs for the same price as one of the competitors. I think UAT manufactures in volume so they cost less. I will have to ask and see if we can get an clarification.
Has everyone here bought a pair of socks? I really would like to know how many socks they have sold so far? The sales could be big once they release everything. Wonder why socks were their first choice?
Just heard from Mr Umbra himself. He called to ask me what my opinion was of the sock release and if I had any feedback? I have to say that this guy does seem to be on top of things. He also asked me to share and like the Hygieia Facebook page but I don't do any of that sort of thing so if anyone on here can do that it may help all of us. He also asked what everyone on the boards thought so far so if anyone has suggestions you may want to email company or post it here and I will put it in email I will be sending him later
Based on the reviews looks like they are already testing womens socks.