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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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.
They are obviously doing it intentionally. Letter was done if you recall as are quarterlys and year end. They obviously want us blind for a reason. Something tells me that when it is finally released we will be very surprised. Especially since they have turned down funding. They obviously dont need the money which is very puzzling to me
Company is still very responsive to inquiries and requests. Are you commenting on PR's only? If they havnt responded to your calls try sending an e-mail. I always get a response that way. Hope that helps
june can not get here fast enough
fair point
Not the same letter every year but I agree with your overall point that the letters are too optimistic and light on tangible deliverables. They have fallen short too many times but at least they acknowledge that and state they are working to turn it around. We will see if those words ring hollow soon enough
The relationship with Adams Arms is right on the gun website as well. This is not a new revelation.
"Through a strategic partnership with Adams Arms, the UBR-16 utilizes the best gas-piston systems in the industry. This partnership allows the UBR-16 to benefit from reduced recoil, reduced reacquisition time, increased accuracy, cleaner cooler operations, reduced maintenance schedule, and operate more reliably. Every component is inspected and hand polished to eliminate burrs that can break free and cause poor performance or catastrophic platform failure. This is rarely executed by large manufacturers and is a hallmark of UAT Quality Control across all divisions throughout the company. Every aspect of the weapon has been engineered to enhance the weapons reliability and durability because we are acutely aware of whom it is we serve and the mission they endure every day to protect us".
"see Alex for who he is". What does that mean? Do you know something we dont?
This question has already been asked and answered. Adams was assembling for UAT but Adams ran into a lot of issues internally. Also, UAT and the CEO already commented that the timing was not right to release the guns because of a few shootings at the time and then the political climate. Someone here a while back said they spoke with him and the CEO said it was cost prohibitive to manufacturer the guns because they were under capitalized and the costs were high. It made more sense to manufacturer products with better margins and lower initial costs. There were obviously several factors that went into that decision.
I would also mention that the CEO said the guns were no longer going to be released to the public. Government only.
Also, CEO said that the focus now was on hygieia and biotech with a few other divisions potentially launching products once hygieia was where they wanted it and not before. He said in a letter about not doing too many things at once so I dont think this new focus allows for what is obviously expensive gun manufacturing.
Te Q's should look pretty good then when they come out. They are holding them back for a reason. I suspected this. They dont want us to know they are making money yet.
That makes no sense. A R/S would raise the price and lower the O/S count. If the price was to climb then a R/S would benefit the company even more because of the effect. Wanting the price up or down by a CEO has nothing to do with a R/S that the company has said repeatedly that it will not do. Of course you response will be "the company has said a lot of thing" but that response will not change the fact that the your theory of the company wanting the price low for a R/S is not logical. Let me guess, "nothing the company does is logical"? lol. The company is not doing a R/S nor does it want the price low. There is one scenario where a low price would be helpful though but thats another conversation of which I am not really interested in discussing here.
We are still here and for those that are interested or feel the need, I am sure they still communicate with the company. They probably dont update the board anymore because whats the point? Too negative here and to be honest I really dont think theres any benefit. I know a few here speak privately and that seems to be more productive. For those genuinely interested in the company I would suggest calling them and asking your questions directly. I think you will find them to be just as responsive as always although this week The CEO is busy with employees from Texas and Nevada that flew into Tampa. I spoke with him earlier by chance and apparently everyone is in Tampa meeting about something. I didnt ask and he didnt offer why. He is suppose to call me back on Friday when everyone leaves. Maybe try calling him Friday or next week. It helps to schedule a call in advance with him because he is very busy.
I appreciate your DD but I dont think these have anything to do with UATG. Anyone they intend to merge with would not be here or anywhere that directly connected. They are keeping it secret intentionally
I asked about that around a year ago. They shut it down because it wasnt the user experience the wanted for shareholders. They are going to release another one supposedly at some point. Not sure why or what the purpose would be. Apps are expensive and not really applicable to UATG as far as I can see. Its a waste of money IMO
GREAT layout of accurate DD. Should help newbies get caught up. Thank you
I agree. Those interviews were terrible. The host is a joke. Most of what he does is bitcoin and pot! What the hell was UATG thinking?
They do have videos! Are you kidding? Go to their Youtube page.
Mock-ups of products are part of the design process before they do prototypes in literally every manufacturing and design company. lol. I dont think you invest in manufacturing much because if you did you would know that. I am sure they have mock-ups for every product before they do prototypes, It saves money
Uhh they did get funding, how do you think they paid for all the R&D? Cant be "dumping" and 3a10's and all the other theories because they built up quite a bit of tech long before that.
The products are not photo-shopped. Stop. Youre making stuff up no and going off the deep end. You are too up and down man.
No they arent. Call them and ask
Why is that anyone who doesnt agree with you is either a pumper or with the company?I am not the delusional one you are just incapable of being objective blinded by your hatred for the company.
I have no idea what comment you are responding to because I never said they couldnt
Good point. I get it. Many companies draw up strategies as proposals and scrap them. Fair enough. I also didnt consider that the document was a fake or leaked and altered.
Looking at the numbers from that time period, an S-1 would have been a viable solution. Do you know why they didnt simply file a registration statement and move on with building the market cap? I will look through their financials again,. Probably has something to do with cost. Either way, an S-1 soon became non-viable as a solution because of all the discounted stock pushed out at the time. Explains the R/S on the preferred stock. CEO clearly had to pivot to another strategy once PPS dropped. He would have been better off filing bankruptcy and starting over. Would have been able to launch at a higher pps and raise capital faster. Wonder why he didnt?
Well its new to me. lol. I wont be calling CEO for a while. No need to further embarrass myself and bother him
That makes sense. Explains the odd formatting of the document. I have a few things I would like to run by you in reference to what I found in this newly discovered DD
I have not seen that before but its oddly laid out. I will go over numbers in proforma but at least one of those names mentioned has actions against him from the SEC. Lines up with what we know about previous management being removed. I also noticed a few interesting things listed in line items. This document comes across incomplete to me but I will take time later to review it. Thank you for posting this. Great work!
You were right. Spoke with Mr. Umbra and he could care less. He was very polite and cordial as usual but it was obvious that he doesnt want to be bothered with the boards or any of the guys from the past. Obviously I look like an ass to him. Lesson learned
[url][/url][tag]https://www.otcmarkets.com/stock/UATG/news/Umbra-Applied-Technologies-Group-Corporate-Action?id=139149[/tag]
TAMPA, FL--(Marketwired - Aug 24, 2016) - Umbra Applied Technologies Group, Inc. (OTC: UATG) announced today that the Company has affected change in Preferred B shares by reducing the number of outstanding Preferred B shares from 8,000,000 to approximately 740. Mr. Umbra is the largest holder of the Preferred B shares. Mr. Umbra owned 3,000,000 Preferred B shares prior to this change and has 319 shares after this change."
I looked into the filings and I found the Mr. Umbra was not the only one effected but a few others...
[url][/url][tag]https://backend.otcmarkets.com/otcapi/company/financial-report/138529/content[/tag]
President resigned in Q1 2015 (4 years ago) and a year later the former Presidents holdings in preferred stock are wiped out. Interesting to not was some other information I found out about multiple companies a few former employees and their families had and to my surprise the companies owned stock in UATG!
Thats the whole inconvenient truth about public companies, everything is public. I will leave out other troubling issues I found but I understand why Mr. Umbra wont discuss former employees and go into depth about what ACTUALLY happened 4 years ago. Luckily a few people from that time period are around and have helped get past stumbling blocks.
Nice way to NOT address the question once again but theres one little problem. We both know what happened 4 years ago and it did not effect typical shareholders, it effected Preferred Shareholders and those were all insiders!
4 Years ago? What did he do 4 years ago? there was no reverse split 4 years ago so what was it?
Its not about current cost basis. It was a hypothetical based on what is typically done during M&A transactions. The company being bought out has to be compensated and the company buying has to acquire value
Not sure how you get that but dont bother explaining because I am not going over it again. This R/S verses M&A conversion conversation was discussed at length around a year ago or several months ago. I am not explaining it again. Ground hog day is not my thing
Thats not what I said. Reread the post
Not if they are looking to move upward through the exchange. The number of shares is irrelevant, the value is. Why would you want to keep the same amount of shares at the current value when you could have less shares worth more than they are now? Unless you are suggesting that you keep your current holdings but at a higher pps which would not work (also not allowed). That scenario spread across thousands of shareholders holdings would balloon the O/S count and dilute the stock to nothing. Price would instantly drop. That doesnt work. You want O/S to shrink and pps to go up but at an increased value. Thats how we make money on this ticker. Thats the power of a well structured M&A deal
You are hung up on dollar amount and I understand that but a 20-30% ROI on an investment is good by any standard. My expectation is an initial 20-30% ROI with the long term play being where the actual larger dollars are. if they execute an M&A this year with a 20% ROI I will average out 10% a year on this investment. If the company uplists to NYSE/NASDAQ within the next 24 months I can average up the ROI on my cost basis by a minimum of hundreds of thousands of percent. That would mean I would see an annualized ROI of 600-700% amortized over the term of my investment. Again, the reason I am here is the long term play (5+ years). In my opinion that is what its going to take. From Private to public (senior exchange) is an average of 7 years to be cash flow positive. UATG has done it in 5 and is still pushing forward. I see this as a good medium to long term investment. Before anyone says that my expectations are unrealistic they might want to take a look at start-ups and crunch the numbers.
If they tend to their cap structure and follow typical M&A deals we will see a pretty nice ROI but I dont think it will be almost 22,000% which is what it would be if they went from 0.001 to 0.22. That would be an annualized of over 2,300%. Not realistic considering the amount of vertical fight through the ticker would have to endure. My guess is we will see between 20-30% ROI which is still favorable and realistic provided they execute on a traditional or typical M&A deal. IMO opinion of course
M&A deals are bout structure and financing. This CEO seems pretty intelligent so I give him a better than fair chance at pulling it off. He has had 7 years of hard lessons to learn and pull from so he is probably pretty savvy when it comes to capital markets and deal structure. I think he would be best served to take his time and learn more while focusing on revenues. Go QX, stay there for a year or so while building revenues and then go big board. Then they can raise real capital to expand the company. If this CEO is patient and takes his time he could take the next 5 years to grow the company to a couple hundred mil mkt cap. Slow and steady wins the race.
Either an existing QX, NYSE or NASDAQ company is what it will take. Personally I think it would be easier and more lucrative for the company to go QX and then NYSE or NASDAQ micro-caps but that is up to the company to decide what is best for them.
That was during the time-period when those other guys were working against him internally. He go rid of them 3 years ago and has been actually making small incremental improvements that have resulted in a revenue positive company for the first time in the companys history.
No he did not. June was discussed in the context of Press Releases and announcements on product releases
Or answer calls and respond to emails, or sell products, provide refunds and exchanges, etc