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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Just bought 10k shares. lets ee if we get movement. If we do I will continue to buy blocks. Hopefully that rids us of sellers
Someone is pushing the pps with small buys and numerous support bids coming in from same broker. This is what I was concerned about. Its not organic and as a result will not last. If the company is behind it they should focus more on substantive press release and progress rather than paying (in either cash or stock- more likely which will lead to dilution) promo guys/companies.
If this continues I am out until it hits bottom
I see a few cross trades trying to slow the fall but support is eroding. Shes going down although I think my original prediction 0.02 might have been too far. She will see 3's but I doubt shes will go below that in the next 2 weeks
I agree that the product has potential but that is the case with many products across multiple markets. The sad truth is with no money and inexperienced leadership many "great" products fail. This company literally has no cash position and even with taking away standard GAAP accounting practices to offset cash for tax purposes; the company has a couple hundred dollars at best. Thats not enough for a production run that would support a product launch. Even with lines of credit (not sure how they could get those without revenues or proven track record) how dou you support the launch of a product with no money to build infrastructure (support staff, fulfillment, supply chain, inventory management, etc) and marketing.
The shareholders have been waiting since 2013 (first 10K filed under Remsleep) and for a CEO and President with so much (alleged) experience, I do not think its unreasonable for shareholders to have expectations of further progress. Even this is not the single cause of my concerns. I remain concerned about what seems to be promotional activity to pull capital out of the market. This indicates they are either having difficulties raising capital from investors or do not have the resources/experience to do so. My guess is that its a combination of all.
Not a huge issue but it would help if they were more transparent and just tolds us what was going on. They could even do a Reg A with a non-toxic entity to get the seed capital they need.
JMO of course. I am holding
Socks have sold out and come into availability several times. They are obviously selling product. That is not the question in my opinion. The question should be when are they launching the new product and when will we get to see their financials. I want to see their updated revenues!
I also want to know when they are uplisting but that is another matter. lol
This is not accurate at all and you know it. You intentionally keep pushing this narrative knowing full well that its not true. Why try to mislead everyone here?
The socks have, on several occasions been sold out and you immediately say they have no production. Then the socks are available again and when asked if you still think they are not producing inventory you either ignore the question or reply "2 types of socks bawahbawhaw" or something trivial and juvenile like that.
FYI, I have not sold yet. Its obvious someone is selling into the news. Possibly shares issued from company to settle third party debts.
If someone hits Citadels bid, we are headed for a free fall. Not good. Box is looking ominous. This update might have been a very poor strategy from what is obviously inexperienced management when it comes to capital market optics.
I will hold for now to see if we drop below 0.045. Might have to buy lower to mitigate loss and lower cost basis or maybe sell and come back in when the pps better reflects the company as is and not based off of potential. The move might just need to buy in at 0.02 if it continues to shed position.
Yes I do and would recommend you reread the release. I will highlight it for you:
The company has received all completed molds and is now moving to the next step. The final mold has been sent to the original molder where final adjustments will be made to assure all parts connect properly. Tom Wood, CEO, says, “Deltawave turned out to be a high quality looking interface, but we most look forward to the superior therapeutic index of Deltawave.”
The "molder" is the injection molder that manufactures the actual part from the raw materials ie plastic. The company that makes the actual molds that the plastic/material is injected into under high pressure and heat is called the "tooling company" because the make the tool to make the part.
I have experience with investing in manufacturers and have been around it for quite some time. What they are saying doesnt add up and at best is not really an update at all. Unless of course a female product is significant enough to push the pps which doesnt make sense either to me because if you are having trouble manufacturing the same product for men why announce or start on women? Get the initial product correct first and then add on another. This company has no money so why take on the expense of ordering and designing tooling for another product line.
By the way the tooling (depending on materials) can cost upwards of $25k for production ready tooling. Where is that money coming from? Also, design costs can be almost as high. Tooling and designers are expensive. lowest estimate for their tooling costs could be $15k with designers programming executable CAD files for $10k. Why incur another $25k for a female version when you have to pay to fix the original mens design? That "fix is going to cost thousands by the way at a minimum.
Not trying to offend you or be negative but with money on the line I need to think independent of emotion.
The company needs the money which is why dilution will continue but thats not terrible. They just need to be honest with everyone and let us know they are raising money out of the market. I think most shareholders understand that but dont like being lied to or played. We will see. I like the product ad the retail space they are in. If I had to guess, I would say we are headed to 0.02 which should give the company enough cash to complete their product and start sales.
I hope you are correct because I started buying yesterday and am worried I might have jumped the gun a little.
So molds are in but not correct and have to be adjusted by the manufacturer of the product? This indicates another delay and its unusual to have third party manufacturer/injection molder to make corrections. The company makes the corrections usually with the manufacturer of the mld not the molder. Why put this news out now? Doesnt seem to be a significant enough update to warrant a PR to shareholders. Maybe I am jaded but it seems like the company is reacting to downward trading and attempting to stop the free fall. It also looks like my initial instincts about a previous promotion might have been correct. The volume has dropped substantially along with pps. The trading and corresponding volume cycles concern me. They look orchestrated to me. Anyone else see this?
I dont want to say too much but generally yes. We are looking at a QB, QX and even a fully reporting pink sheet company as well as 2 others on senior exchanges. Also found 3 that were a QX (but since downgraded) and QB, moved headquarters to Tampa/Orlando area (within the past year) and had medical device that could work with Hygieia. I read through some of the company posts and one of them mentioned travelling to TX the same week Mr. Umbra was in TX.
Its all speculative but I am looking into everything I can. Never know what you can stumble upon if you keep looking. Someone will say or do something accidentally and it might be the last piece needed. You never know. I have seen it before.
They are updating and consolidating websites. One of my IT guys checked into a few of their sites and noticed that they are "re-directing" their sites to a new IP. I asked if he could tell where it was and he said maybe. He is checking into it. I know they were talking about moving into a new location so maybe they are putting their own servers in to control their sites after the Mailchimp breach?
There might not be news but they are definitely doing things behind the scenes and its all happening ahead of mid year like they implied.
I have been researching a few public companies that recently relocated to Florida with parallels to UAT business model. I few potentially interesting candidates but nothing solid yet. I do believe that they need to merge with a senior company so they can get the help they need with management and organization.
looks like it
GTS is heavily invested overseas with significant investment in AI. They are also the largest Designated Market Maker (DMM) at the NYSE with a market cap of $13T. interesting that they didnt drop UATG as a pink.
Also, the merger announcement between GTS and CANT was last year.
fair point
You found an actual document with that company name on it? What type of document was it? Are you sure its related to UATG? Is it publicly traded on an exchange?
I dont think Bobbar would pump. He doesnt seem like the type. Been pretty straightforward until now
Is this new company a publicly traded company? If so, on what exchange? How do you know this?
Ok. That makes a lot of sense
Do you actually know this or are you guessing? If you know this how do you know?
I understand that a CEO has to be careful as to what he says privately and not to the larger public. That said I have spoken to a few CEO's in my time and they tend to be a bit more engaging. He didnt empathize with the shareholders challenges or even site examples/references to specific types of sleep apnea. I understand everyone is different as is their education but this CEO would have to be a fairly educated individual to invent numerous medical technologies with patents wouldnt he? I am still having trouble locating patents but I have someone helping me now so maybe we will find them soon. I admit I am a bit jaded so I apologize for my tone. I do not intend to bring anyone down but would like to avoid a costly mistake.
looks like they are consolidating websites under one site. the gun site now goes to UAT gun page.
Good sign that they are getting more efficient instead of wasting money on 100 different sites. Probably more efficient to track sales and visits like I said yesterday. Who knows, maybe they read our suggestions here? Doubtful. lol
With exception of the products that they actually do sell? lol
That was the CEO Tom Wood or someone else named Tom at the company? Very simple and brief response. I would typically expect a more engaging response from the the CEO himself but maybe someone on his staff replied on his behalf.
They are not selling the rifle. Why do they need a whole separate webpage. They need to have things more streamlined. I have never seen a company with so many web pages. Its ridiculous. Doesnt it make it more difficult to track traffic and sales when they have them?
Has anyone spoken with IR or the company? I tried calling but no one got back to me.
The CEO mentioned that their focus for execution strategies was to begin the second half of the year. My assumption is that they are going to start ramping up in June post Q2. The CEO didnt specifically mention any strategy or dates. My assumptions are based on several conversations pieced together and my experience with retailer/manufacturers going into the second half of the year and getting ready for holiday sales/marketing.
I stand by what I have said previously that I think the only real strategy to uplist is an M&A transaction involving a company already on a senior exchange. Based on some of the behaviors exhibited by this company, the companys public announcements that it intends to uplist and the current market position; I believe I am correct. Over the past 18 months the company has made some very deliberate moves that trend toward this strategy. I could be wrong. JMO
Do you have a link to the U.S. patent site that shows the patent pending? I can find it. I apologize
I will. I hope this is what I was told
went to archive.org and am even having trouble finding their website before their current version. Very strange.
I am working on that as well. This is an interesting company but management doesnt seem very sophisticated as it pertains to the capital markets. Not that its a deal breaker but the stock promo activity concerns me especially with the increase in the O/S count an the dilution to shareholders. I understand that the company needs money (doesnt every company) but why not just do a legitimate raise with a fund? If they have what they say they have it cant be that difficult to find a VC willing to buy a block or structure a convertible.
I am also having trouble finding patents associated with Tom Wood, Remsleep or "Deltawave" CPAP interface. Has this IP been confimred patented or patent pending by anyone here? Their website does not detail the patent pending number that they were given when they submitted their application. I also do not see any filed/registered trademarks for anything associated with the company or any of their claimed products.
Any help I can get would be helpful
Excellent! Thank you very much!
Clearly you are offended by my questions. I apologize but isnt that what investor boards are for, questions, community and education? I was not looking to offend anyone at all. Just trying do complete DD. Nothing more.
As for this being for the big boys, I can assure you that I am no stranger to investing in securities and have done so for quite some time. I typically do not invest in OTC companies but over the past 18 months or so have begun to delve into this market. There are opportunities here that dont typically exist or carry mitigated risk positions associated with the senior exchanges. I am sure someone such as yourself with your experience can appreciate that?
Also, your assertion or implication that this ticker has not been flipped is odd as it is obvious to me at least that there is a pattern of flipping here (please see my last post with more "annoying" questions).
I am open to feedback (hence why I am here) and welcome your response to my previous post. Perhaps, you have insight that I do not which in any case would be Great! If you do or are not willing then please simply ignore my posts and accept my apology for unintentionally offending you.
Thank you in advance for any help you are willing to offer.
I was wondering if anyone could share with me their theories about what accounts for the sudden spike in trading volume in the past 10 days? The only PR that has been released that I can find or at the very best the last PR was released May 22nd but there was a sudden 5,000% + increase in trading volume 7 days ahead of the PR then a 6,000% spike 5 days before the PR. Why?
Over the past 4 years there have been several VERY significant spikes mostly occurring in the latter or going into the latter part of the year. The company has no revenue and is under funded (especially for an R&D company in the medical sector). What accounts for the spike with no PR to coincide with and why are spikes occurring ahead of PR's? The spikes are rather consistent as well with the them averaging many thousands of percentile increases in very sudden market liquidity present. I understand that the daily dollar volume tells a different story but some metrics are difficult to ignore especially ones that create a market or environment to sell into.
I know I am jaded but this really implies stock promo activity from an OTC Pink which concerns me. Looking at the financials the company has had no revenue with no cash position to support operations or development. I simply can not account for the companies market without management paying for a promotion. This of course can be very toxic because they obviously dont have cash which means they are paying with stock. The O/S has nearly quadrupled in the past year alone! Thats a significant dilution to the market which is reflected in the 1,600% share loss over the last 12 months!
I will admit that I do not typically invest in OTC companies but have recently begun to delve into this micro cap market with skepticism so please excuse any offense my posts may bring. On the surface the company looks VERY interesting but unfortunately that is the case with many companies and OTC companies tend to prove disappointing more often than not. To be blunt most OTC CEO's are not genuine in their intent with personal income consuming the bulk of their focus. I would like to think the best of this management but something is not adding up here. Hopefully I am wrong and someone here can help shed light on my mistake.
Again any help with RMSL would be greatly appreciated. I was strongly considering a block position in this company and would like to confirm a few things before deciding either way. Thanks in advance!
Do we know where the molds are being manufactured? China or U.S.? Are they molds for injection molding or vac-form? Cost?
Also, the May PR references a previous or "last" update. I am having trouble find previous PR's from the company. Can anyone point me n the right direction to find them?
Thank you. DO you know who funds them during their start-up and R&D phase? is it another public company?
Hello everyone. I am following a lead I was messaged and was hoping someone here could help me with some DD?
1-Looks like they have moved several times. Iowa, Georgia and now Florida. Anyone know why they moved to Florida?
2-This company moved its corporate headquarters last year?
3-Why did they lose their QX status?
4-It appears that the company has no revenue and no capital so how are they funded?
5-Does anyone have any DD on the President and the CEO?
6-Company has been operating as RMSL for 5 years but has not delivered or sold a product?
7-Does anyone know of any known partnerships or affiliates in Florida, Nevada or Texas?
Any help anyone can offer would be greatly appreciated. Thank you in advance.