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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Not really able to say. It could match up.
I believe he does. Why?
This company has a lot going for it but needs to manage the public side of the business with a little more attention and diligence. They would be able to expand so much more f their market cap was higher which for them should be easy to do. I am looking forward to watching them grow.
Things are headed in the right direction albeit very slowly. That is not unusual for manufacturing and the launch of a new product.
Thank you for confirming why it was a brilliant decision to not discuss anything more of my phone call with the CEO. lol
Just got off the phone with him. As usual he was very polite and professional. We discussed a few things but I do not think it would be appropriate to discuss everything here. One thing I will disclose is that they are NOT looking for money right now and apparently have what they need. I asked if he thought they would need capital in the future or next year and he said they might depending on "operational growth". I specifically asked about Q1 2020 and he said he could not determine that their would be a need for additional capital at that time. Maybe thats because he already has commitments from others or because they already have it. Who knows.
I can also say that the company is very much operational and seems to have a lot going on. I think anyone who says the contrary is very misinformed. The CEO is very serious about the company that much is certain. I think Gordo was correct the whole time although it looks like he was off about the timing. Probably due to typical business delays.
Great, so the CEO is not taking my calls now!? What the hell did I do to piss him off? I will just wait for this afternoon before I call him. No need to irritate the guy anymore than I might have already done.
I figured that would get your attention. I have a call out to him as well. I was told he would call me this afternoon. I also sent him e-mail.
If they have no money why are they waiting until Q1 2020 to request capital? Thats 4 months away and could be as long as 7 months. That doesnt make any sense either
Last time I checked ALL companies are built on capital (money) from investors. Thats exactly why they are called shareholders. Its the entire business model/concept of the stock exchange! Its smart to got to your current shareholders for additional capital because they already have a vested interest and to that point, thats what many companies do.
The only odd thing here is that he is cherry picking who he goes to in a way that I dont understand. We have significant capabilities and invest in start-ups. Thats all I will say about that
All very interesting but why would a CEO of a public company need to personally guarantee a capital investment? The "investment" is in the company and as such would be in the companies assets that we the shareholders own. If the company goes "belly up" (the investors are made whole through company assets (there are many examples of this over the years). If the "investment" is not that but a loan instead why would they not just go to a bank? I just dont see a CEO doing this. I also dont see a company allowing their CEO to do it.
The above aside, what is so significant about Q1 2020?
I have contacted the CEO and offered help several times. He declined my help several times so I find it interesting that he is interested in accepting your help and not mine. How do you know the CEO and why is willing to work with you over others?
I have spoken with the CEO on several occasions as have many here. As for seeing the products in person, you can order their socks online.
I know of two people that have met with the CEO in person and have been to at least one of their offices (in Texas I believe). Their is a poster on this board that has been with the company since the beginning, He is on here occasionally. His name is Gordo. He has seen several of their products.
Mr. Umbra was in Kansas this month!? Are you sure? He was just in Texas and/or Nevada I thought? I didnt ask but assumed he was travelling to those places when I heard people working in the background the last two times he and I spoke.
He wouldnt say or get specific. he couldnt for obvious reasons. IMO it will take a few steps to uplist
I see what you did there. Pretty funny but maybe you should call the company and speak with the CEO. Get your questions answered directly instead of relying on hearsay. This way you have the information you need for your investment. Cant hurt to have more information when you are making financial decisions right?
You might be right about QB but with a merger into another company that is currently an existing NYSE/NASDAQ or even a QX they could do it relatively quickly. NYSE and NASDAQ would be a bigger challenge either way but its doable. More realistic that a senior exchange uplist would be a year or more out IMO. If I had to guess, they are going either QB or QX by end of year with announcements to NYSE sometime mid next year maybe?
Regardless, if they uplist to QB or QX it will be huge.
Yes he did actually. I specifically asked that question because it irritated me that he told me one thing and did not fllow through. He apologized for "not being accurate" in his assessment of the time-line and said it was due to other "issues" not coordinated on time. I asked what that meant and he said he could not get into that at this time but would like to continue the conversion so he could expand further in a few weeks.
I also asked if he was concerned about the public perception of the company and he said they have excellent revues on their existing product and that sales were going well. He said as far as the publicly traded side of the company, he realizes things are not "ideal" but that everyone was working towards an "objective" that he anticipated would address existing concerns. I asked when did he expect that to happen and he said before end of year.
I firmly believe that this guy has figured out a way to uplist and I honestly believe his sincerity. Hes a little too military for me but like Gordo said, guys like him dont know how to fail and wont stop until they succeed. In my opinion, that is the single greatest asset that UATG has. The guy does work all the time and is always on this. I have spoken with him on Saturdays and Sundays where he was literally in the office working. He has taking my calls when he was travelling and even when he was dealing with his fathers funeral in NY several months ago. One of the things that does concern me is what Gordo has discussed here - I worry about the guy burning out. Hes been at it for 7 years and while he has made significant progress, I worry about how much longer he will be willing to fight through the obstacles. I know hes a military guy but everyone has their limits. I will say that he does seem very energetic and very confident so maybe my concerns are not valid. Just something to think about.
I also asked about the town hall he wanted to do and he said he was definitely going to be doing it but it needed to be timed appropriately so he could address everyone's concerns when they most needed it. This was VERY interesting to me because it seems to point to him being aware of the issues that could potentially come up during a merger and how some might panic that really dont understand the process. He of course would not address any of that at this time.
I also asked about the interviews he said he was going to do and he said he postponed them because the timing was not right. I asked when he thought he might do a few and he said he couldnt consider that until end of year as it would not be the right timing until after a few things happened. I asked "like what?" and he said he could not expand on that at this time. He said he recently dd a speaking engagement for educators helping students transitioning to jobs and felt that it was a mutually beneficial exercise so he would be doing more of those.
I am not sure why anyone would be so negative on this ticker. They have been slow and steadily improving. It might be a good idea to look at their 2 and 5 year chart. Company is heading in the right direction. I understand its slow but it is still in the right direction.
Good to see that his is headed in the right direction on a Monday
Sorry guys. Been buried with work. A few of my guys are on vacation and the team is on a skeleton crew. I spoke with Mr. Umbra but it was fairly brief. He seems really busy as well and I think he might be travelling because he was with someone that was on another phone conversation asking questions about something going on (in Texas I think). Just the impression I got.
He told me that they were "on schedule", albeit he would not clarify what schedule that was because from where I sit they are behind. He said he understood my concern but that they are in fact "on calendar" based on what they are in the process of executing and based on what they have planned for this year. I asked how is that possible when the financials are late and he said that the financials are completed and are in the new format but that he could not release them as of right now. He said he could not go into that further. My guess is that they do not want us to see their revenues either because they are high or because they are low. Either way this tells me that they dont want a fluctuation in the pps for some reason. I am assuming that it has something to do with the uplist process and again its most likely a merger that will be the mechanism for their uplist. I really dont see any other way for them to uplist in any reasonable period of time and I am revising my prediction from NYSE to QX. I just dont see them having time to get to the NYSE by end of year but I do think he is going to pick NYSE over NASDAQ. I do not have any insight from the him but that is my feeling.I could be wrong and he might pick the NASDAQ.
I asked about product releases and he once again said they are "on calendar". He's a very polite and professional guy but is a tough read so I am not sure what to think. He did however seem very confident and assured me that everyone was working very hard to ensure that everything got done on time. He expects their new products to be ready for the holidays and does not see any "bumps in the road" heading into Christmas season.
I asked about uplist and merger possibilities and he declined to answer those questions but did say that his previous statements on uplisting "were and remain accurate". He said that he "fully intends to uplist the company" but could not say anything else.
We talked about a few more things but thats the jist of the conversation. It was brief. He did say that I could schedule another call with him when he had more time and apologized for his brevity. I will say that he has always been pretty generous with his time and taking my calls (I know a few here have said the same) so he must be pretty busy.
yes. Just spoke with him about an hour ago. Work has been insane
I called offices and asked to speak with Mr. Umbra. I as transferred but he said he only had a few minutes and asked if he could give me a call tomorrow. I will ask about Memphis offices when I speak with him
UATG has offices in Memphis? Since when?
Quality has never been an issue with this company. That post was probably an attempt to short
he has not changed his "song". You love spreading this stuff
Probably maintenance
I dont see an issue with the site. What are you referring to?
Something must have leaked out. Anyone heard anything?
Possible. I must have missed it. Apologize for being behind
Unrestricted shares have increased by nearly 3M. Please look at it again.
OS increased by almost 3M!? I didnt notice this last week. This combined with yesterdays posts are very concerning. This is what I was afraid of. I will be watching for a spike in volume and posts.
These small changes are what I have noticed here and there. To me its obvious that its intentionally under the radar. Most companies would be putting out excuses for delayed filings and hyping up new legal counsel. Especially a law firm with their reputation. They have kept things quiet for a few months with very little coming out for a reason
A few people have e-mailed me with questions about future. I dont want to get into specifics but I do think they are building a pipeline or suite of products. My guess is that they are already in place and are being held for release at specific time. We are seeing this with the HP line so it makes sense that other things are being done the same way. Also, the late Q's are a big clue. Why hold them back? They dont even have to be accurate so why wait? Wait for what? I dont agree with the tactics but something is up. IMO
This company could do it. Its in the right market segment but I have concerns about management. Hopefully they get it together and get caught up
UATG is a real company with real operations and a real product that is actually selling. IMO the pps does not reflect the real value but I believe the company is headed in the right direction.
Saw this review on FB and was impressed. Thought it was worth sharing. There are a lot of very good reviews on Amazon, corp page and Facebook. You might not like the stock but customer service and product are excellent.
[url][/url][tag]https://www.facebook.com/pg/hygieiatech/reviews/?referrer=page_recommendations_see_all&ref=page_internal[/tag]
I was looking for antimicrobial socks and found these ones. I ordered 12 pairs through amazon but for some reason the order was never sent and amazon said i should contact hygieia directly, which i did. After a day, they replied and aplogized for the inconvenience and that they‘ll investigate why they didn’t get my order. They also sent me the pairs i ordered + an extra one all for free with expedited delivery in just one day.
So kudos to HYGIEIA - that was just an amazing customer experience and i couldn‘t be more happy about it.
The socks look and feel great - the quality is perfect and they‘re very comfy to wear.
Can‘t judge the antimicrobial function yet since i just got them today but will update once i do.
Thanks again, this company just made a fan today!
Dipping below 4 is unlikely in my opinion unless management really fumbles. I am in another company that I thought this one might be related to and management has had too many delays which has caused historical lows. I think the company will do well eventually but consistent delays hurt the pps. Hopefully RMSL wont make the same mistake. The other company is working on an uplist which has contributed to their delays in announcements which I dont think is a factor here with RMSL. RMSL is not uplisting anytime soon if at all so we should be safe with consistency here
I am aware but its not approved yet is it? Also, after they up-list they will need sometime to see the returns some were hoping for. I dont see this stock hitting dollar this year but over the course of the next 18 months or so it could see 0.50 cents. maybe more. To early to tell
Now you are starting to see behind the curtain as some of us do. Over the past 3 years we have been given little glimpses into what they intend to do and how they intend to do it. Its there for those who know where to look and what it means. Thats why I have stayed with the company and why I think they might actually pull it off. I am sure they dont want us to figure it out but somethings they just cant hide if they are to make it happen. More and more has become obvious which is why I think its happening soon. IMO