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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This is a long term play. Management is still figuring things out but I think they will eventually get it together. I would give this ticker another year before I would expect any real gains. They need a few Q's of actual progress/revenue before ts becomes a viable company.
Are you sure you are sending to correct email address? He has always gotten back to me and many others. try info@umbraappliedtechnologies.com and ask for it to be forwarded to CEO. They always forward emails to CEO if it is requested. Its a rule he has. I would also include your phone number because he has been known to call shareholders out of the blue. He did it to me more than once. Hes actually really responsive and accessible for a CEO especially one on the pinks.
I have spoken to him but he wont nor can he disclose what their plan is or when its happening.
Hey dont knock it...Its an untapped market! You see, I told you hes a visionary! lol
Not as difficult as you might think. I would also worry less about cap structure in this case. I also found other signs of them prepping a launch. I think we are going to see something soon. I dont want to say too much because there is a reason they are keeping it quiet. I will say this though, the CEO and management are a little more sophisticated than I originally thought. If they pull this off it will show a level of sophistication beyond most OTC companies. I hope I am right because I am betting on the upside of this in a big way. Again, I wouldnt share this with our other "associates". They are a little too short sighted, jaded and might do something negative.
I agree hence my hesitation
I didnt until recently. A few things started falling in place and it became more viable. I would keep this off the other board though. The last thing we need are the games from there tainting our investment
This attorney is known for M&A transactions and capital raises. I asked around and he has apparently done MANY of these. He fits the model of Culhane & Associates that UATG hired (known for uplisting companies) as well as others that seem to specialize in M&A and uplist.
The CEO is a military guy who builds teams, makes plans and executes objectives. This is how guys like him think. This is looking more and more like it might be the company we were looking for but it needs to be current as a QX company before I am convinced. Then I will agree that they are making the move upward via M&A which I have been saying for over a year was the only way I see them uplisting realistically. The CEO is smart patient and methodical as is evident at how he approached the company turn around and the launching of the product as it pertains to measuring of the advertising. This looks like it has his "fingerprints" on it but I am reserving final judgment until I see more
I dont believe in coincidence. I would keep this quiet until we know more. We dont need anyone trying to sabotage what the company is trying to do
Seems odd to me that UAT is SO involved with the Nextcasts operations, engineering, manufacturing and funding. Are we sure UAT/UATG doesnt own an interest in this company? Has anyone heard anything?
Structure is being changed. Its being prepped for sure. The name cant be a coincidence. They must be waiting until the last minute to update management
Touche. Fair point
UAT rep said that Next Cast was going through second round of funding and was coming to market in 2020. They also said that was the last info they heard on it and then directed me to call Next Cast. That was several months ago. I spoke with Next Cast that same day and was told the same thing. I asked about the website and they said it as done but access was restricted to qualified investors only until full market launch. I guess they are using it as a sales pitch. I submitted my inquiry and all requested financials and after about a week I was given a login and password to their portal (login expired after about 2 weeks). It was not a full site but a VERY well done and impressive portal with very good information. It was actually surprising how professional it was. I see a lot of these sort of plans and projections and you would be surprised at how bad some are. This one was quite good. As far as my investment or what the offering was I will not be discussing that here due to an NDA that is in place.
It will be interesting to see when trading picks up again. That timing could be very telling
Pretty steady here. Looking good so far. Hopefully they are working on expansion.
Lets hope management gets it together soon
He doesnt have a business partner that I know of or ever heard of which makes sense since this is a publicity traded company. He is the Chairman, President and CEO and my understanding is that the company is run like military with a clear "chain of command". He reorganized company after he got rid of the old guard so to speak.
We have over a years worth of revenues prior to this year. The moment they launched Hygieia they started making money and if I am not mistaken they were up to $100K/month. Of course we do not know where the are on revenues for this year as of yet
It is not true that "everything" he said has not come true. Much of what he has said he would do he has either done or seems to be in the process of doing. Many things were delayed and some did not happen. He clearly made mistakes but he has not accomplished nothing. the company has come a long way and had significant obstacles to overcome. I do agree with some here that it has take too long.
The CEO was in the Navy and then worked in one of the intelligence agencies (he was special forces of some kind). It seems many of the people in the company are retired military and government people. I think he cleared out most of the people from the past and replaced them with military and government people over the past few years. Its probably why they finally brought a product to market and started making money.
lol. Touche!
I understand that there are exceptions but UATG actually has sales and a product. All this after 6 years of nothing shows recent progress. Admittedly not enough progress but far from a scam in my opinion
Thank you. I am here to see if this is being prepped for a merger with another company I am in. Time will tell
I have spoken with the CEO on more than one occasion. Addressing it here is a moot point as is evidenced by some of todays posts pushing false accusations/claims without so much as a reply or explanation when proven wrong. For a long time I tried to contribute to DD on this board but this board has become more of a b@#$& session than a sharing community for the benefit of all the "investors" here. This is why many dont post publicly here and the real conversations take place behind the scenes. Whats the point anymore?
And before anyone says it, no I dont think once things turn around that the complaints will stop. Some here have a very distinct agenda and they will ALWAYS find some thing to complain about even if its not true.
As usual you come up with something completely unrelated to my counter post to yours. Also, I already said that the Q's being late is an issue. Whats your point?
Here we go again with this story. This has been addressed MANY times. All the products are real. The pictures that were released of the womens work out clothes were marketing pictures and were "mock-ups". This is not a new or nefarious thing in the industry. In fact MOST companies use stock pictures and stock footage in their design phase, marketing or commercials. YES, even the big boys! There are photos and videos of the VERY real products with the exception of THE VERY FEW marketing pictures. It's odd that this false narrative keeps getting pushed to support some scam theory when there are many other much more valid issues to focus on, like the late filings and delayed release of the HP line for Hygieia! Why make up stuff when there are legitimate issues to complain about!?
Most penny stock companies that are not real or a scam as you call it are like any other company that is BS- they dont last years the collapse after 3-5 years and either go away or start a new scam. Thats why so many new companies/start-ups fail in that time-frame. This company has been around 7+ years and has shown signs of improvement. over the years. The problem is the pace at which this company improves. Along with a few other things of course
It also gave us access to more shareholders and increased market liquidity
That is what I suspected. We will hopefully see what their plan is shortly.
Because that was the pps at the time of the settlement. That is not something the company has any say on. It is interesting to note that they did it through a court/judge rather than a law firm which is allowed however the company chose to do it in a manner that would leave the judgement above reproach by SEC. This is apparently the preferred process of the SEC because of the misuse of the exemption. Doesnt sound like the actions of a company that is engaging in a nefarious agenda as some here have claimed. They cleared debt for a reason and for some reason the timing was relevant to what ever they were/are planning.
That is not accurate. The CEO would have to file a 10q to sell and to date he has not sold any shares. What you are attempting to imply is that the COMPANY diluted shareholders by releasing shares into the market which is also inaccurate. Shares entered the market via several events. The first seems to have occurred beginning around 2013 with it continuing to some degree through 2014 (this was the event that seemed to do the most damage and began the pps decline). The second event seems to have occurred in late 2017 and third in 2018 via a 3a10 which of course as you know was the settlement of outstanding debt. that latter two of course have no benefit to the CEO and the events of 2013 are directly related to prior management which has since been removed by the current CEO. The simple fact is that as much as some might attempt to imply nefarious behavior on the part of THIS CEO, the facts do not support that he has benefited financial through the sale of stock. What can be said is that he has CLEARLY had trouble managing the companys public securities side of the business and has had trouble turning things around quickly.
conjecture not fact
Its been 8 years since their last vehicle posted financials it it simply has a STOP sign. Rumor mill does not equal regs. The CEO is far more sophisticated than some here would have others believe. I also think his strategy takes into consideration what the flippers have done and how they have tried to manipulate the stock. Thats why they are worried. We will see if I am correct soon enough
its been 3 quarters
I cant stress enough how not worried I am. The funny thing is that the information needed is out there for those willing to do DD. That means constant DD. You never know what you will find when you look.
I think too many here are focused on just pps and are forgetting that this company actually has revenues and is in fact an operating business. taking a narrow approach to evaluating a companys potential or health is a sure way to miss the opportunity. JMO
Agreed. I discovered a few things on the web. I think they are positioning things. We will see
What do you know?
This company is tracking well. It needs a few years but the PPS will get to where it needs to be. Complicated business model in competitive industry. More of a long term investment. So far so good. IMO
From what I can tell and have surmised from my conversations with the company, they are at least 4-6 months away from being able to successfully launch with a significant marketing campaign to support sales. This of course is contingent upon the funding they are counting on. Nothing ever goes according to plan so I am counting on holding 12-14 months before I sell. Hopefully I will make some of my money back with a modest ROI. Lesson learned.
I dont think this board will reflect the truth regardless of what the company does. Too many day traders and people trying to manipulate. This is not exactly a community environment where we look out for one another if you know what I mean. I also dont think the CEO is too focused on what the 10 or so people on ihub say. JMO
Last year, the year before and the year before that. They also delivered revenue for the first time but thats more than i can go into this morning. Busy day today