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 a chance. lol
Herman and Winters have nothing to do with UATG and the stuff they did in KS was under Intrepid which Umbra dumped and fired them from what I have found. The wind turbine in KS was a hunk of plastic made by someone else for Intrepid. Why in hell would Intrepid compete with its sister company I have no idea. I have asked the CEO about this and the two guys behind everything out there and he was legally not allowed to comment on anything related to them or Intrepid. Tells me a lot about what happened and what he thinks of them. No wonder he removed them. Those two guys really did a job on a few people out there from what I was told by people who looked into it
Nothing? Sure about that? I guess the products they have in market and the prototypes they have shown on video are what?
Umbra "took it over"? When was that? Before he brought the private company in, the public company was a shell which is why they tried to switch shells but screwed it up. That wasnt him by the way, it was the other guys. Took it over? The public company was not trading at all. He is the one that brought his company in and the one with all the assets. As far as I can tell before he went public he was doing just fine. I will have to look back and verify the assets before they did reverse merger to be sure on the total assets.
The reason the company traded at all was because a real company was put into the shell and at that point was grossly over valued at the price the shell was left in. Your DD lacks those specific facts you referenced. Umbra "took over"? Umbra IS the company! We lose him we lose everything! He is the only CEO that would put up with all the stuff hes put up with. Why do you think a guy like that would stick around when he could have just closed up shop and started over? Think about it. The guy isnt perfect and has a lot to learn IMO but its because of him and his personal/emotional investment in the company that we even have a shot at making money. How many people do you think would say they can do your job better than you? Everyone thinks they can do what others do until they have to actually do it. Then reality sits in. Would you want to take over UATG and deal with this mess that the CEO is currently managing? Would you know whee to start or how to oversee that mess? Not a prayer in hell would get me to do it. No matter what anyone tells me this company is a startup and it actually began 3 years ago IMO.
As for more volume at lower pps.... whats your point? would you rather have a stock at $100 pps that doesnt trade a single share a day (like UATG did) or one that trades at 0.50 200 times a day? I assure you the latter is more valuable. What good is $100 share price if you cant sell it?
Everything aside you conveniently ignored the most important thing I said earlier and that the past 6 months has been an improvement. That is a fact that is not deniable. Do you really care what happened 7,3 or even 2 years ago if the company is improving now?
Regardless, I in for the long haul and will continue to offer my help in anyway I can no matter how many time the company politely declines. I am invested.
Intrepid is no longer a part of the company. That company was part of the old structure. That has been addressed many times but I am sure you already knew that
I dont immediately respond because I am at work and as you should know tomorrow is Good Friday and the market is closed. Its a short week and time is money Mr. Cat
While I would love to go point by point with you and post all sorts of data I simply do not have the time for that and I have posted much data in the past that supports my position. Believe me I would much rather argue with you than one or two others here that are disingenuous with their interest in the company. At least you can be reasonable but today is not the day I am afraid. Very busy today and the clock is ticking.
Thats not to say that I think you are wrong about the Q's being late and that its completely unprofessional but its not the end of the world. I would rather just wait to see what they say when they finally come.
FYI: The company is not the stock. The company is actually delivering a product and making money. The securities is what you are exclusively focused on. Thats what traders do not investors. Investors research and learn about the company and decide if it has potential. While they are sides of the same coin and nor are they mutually exclusive they are in fact separate considerations. Your complaint can NOT be the growth of the company because it has been consistent and uptrending. The PPS has also been within the same range for several quarters. So your real issue is that the Q's are late and because of this you decided that you should advise the weak minded to follow you down a path that will ultimately remove any and all direct communication the rest of the shareholders have with management?
Even you have to see how juvenile and ridiculous that is not to mention what the new guy said would be illegal. I have had several people call the company/CEO to ask questions. All of them were taken seriously immediately or received a response within a day. SCAM COMPANIES DO NOT DO THAT.
Company has gained in last 6 months and gained market liquidity by 1000's of percent in the past 3 years. It has NOT lost 99% thats just ridiculous. I am not delusional I am accurate.
It seems that a few here would love to see this company trading at $4/pps with ZERO volume. A lot of good that would do ANYONE. You would actually be worse off. Time to be realistic and deal with the facts as to what this company is capable of. $4/pps is NOT happening but it doesnt need to in order to be successful and in order for shareholders to make money. $2/pps is attainable and is MORE THAN ENOUGH for us to see a favorable ROI. By leaps and bounds!
AAPL has NOT fallen short? EVER? I have been an AAPL shareholder for years and you are completely wrong. In fact EVERY major company you put on a pedestal has fallen short in significant ways. Especially start ups or young companies. How many years did it take Bezos to make money or get his act together? almost a decade! Yet another company i have holdings in and stuck it out. I could go on (FB remember how long it took them to be profitable) but the point is that I do believe what I have said and I do believe the company is eventually moving up. I dont think you understand how and thats ok but what really should be the point is .....
DO you understand people at all? What do you think is going to happen when you treat the CEO and the company this way? You are completely misinformed about the progress the company has made and instant gratification should not be the foundation of your trading strategies. IMO
The past 6 months look good. Thats not rally an opinion. Look at the metrics
FYI:
1)$4/pps is not the minimum (again misinformed)
2)Everest Corp Advisors is no longer their IR firm (misinformed once again)
3)Tech is real (videos of surgeries online, interviews of him showing several products and socks in my draw)
I will concede that OTC is not my comfort zone nor is it my preference but this company was referred to me by someone I respect who has a proven track record in the industry who happens to own stock in this company himself. I do not think he was wrong. Thats why I am still here as is he.
Brilliant idea. So lets harass one of the few CEO's that actually responds to shareholder phone calls, e-mails and requires his staff to respond to all social media, emails and phone calls. What do you think will happen? Then you wonder why CEO's are not accessible? All because you arent getting what you want when you want it? The company DOES communicate with its shareholders! A LOT!
YOU DONT ACTUALLY BELIEVE THAT DOING THIS WILL ALTER IN ANY WAY THE STRATEGY THE COMPANY IS IN THE MIDDLE OF EXECUTING DO YOU?
Why dont you try that stunt with AAPL and see how far you get? This is exactly why companies insulate themselves from the public. This company has improved significantly over the past 3 years and over the past 6 months has seen actual gains. I honestly have no idea what stats you are looking at but you might want to wake up to the realization that this is a long term play. This company has problems but is actually working on fixing them. You want to kick them while they are in the middle of getting back up? Why, so you will feel better? About what?
So now the company will just put an IR firm in between us and the them. It will NOW be US and THEM. Congrats you have successfully inspired 20 out of 1000's shareholders to ruin it for every other shareholder interested in actually being a part of the company. Welcome to EVERY OTHER COMPANY on the exchange.
Silver lining, at least now the company will meet one more apparent criteria on the NASDAQ/NYSE- their CEO will no longer take our calls or emails.
One more perk, the few will have one more thing to complain about. Hey, at least this one will actually be valid despite bringing it on themselves.
Thank you for proving my point! Lmao!!! That actually made me laugh out loud in my office
lol. Im not. No more. I have what I need.
Those of us who take the time to do DD and be accurate or take the time to call the CEO/IR have learned that conveying it is more hassle on this board than its worth.
You want the CEO who saved the company and turned it around to step down? Because of "no" communication? The company has been communicating the whole time (Facebook, PR's and taking calls). I think you might want to go back and look at the PR's and social media posts.
Just remember who stuck it out and turned things around. All this over a non-reporting company not reporting? You do realize they do not have to right? lol. My point is that the company has been making money and is launching new products so why not see how this thing plays out?
I agree the delays have been a problem but requesting a CEO to be removed is a bit too far especially in the middle of everything that is happening. It could be a real detriment to have such a key change.
Spoke with OTC. Fees are $3,000.00 not 4 or 5k. I was wrong. They are also the people that confirmed they had Stop and Yield before but I could not get dates. I will be taking a deeper dive this weekend when I have time
Thats because its the annual past the Q or they have not paid the subscription service. If I had to guess its because they have not paid their subscription service. If I am not mistaken its around $4-5,000 for a unreporting pink. I ill double check that and let you know what I find
I doubt very seriously they dont have the money
I actually researched this and found out they have had a stop sign twice before as well as a Yield sign twice before. I am researching the timing to see if they used this as a strategy. Rather difficult to get a hold of this information with specific dates. I didnt realize
Not true at all and anyone with an L2 screen, hell with plain old internet access to otc markets, can verify this statement as incorrect. Why lie when its easily researched?
-Last week UATG traded over 20M shares. Thats "no volume"?
-Last week average daily was over 4M (which doubles the previous rolling 30 day average). Thats no volume?
-Last week the company traded approximately $20K in stock (an increase despite not being at 0.0015)
-The company is trading in the top 50% of the 52 week high and there is no bid or bid support?
-From Q3 of last year the closing bid has more than doubled and is currently within a fractions of a few basis points from the 52 week high.
Literally by every measure the company's trading/market position has improved and the spread is as tight as its ever been which means the pps continues to be more stable.
From the beginning of November of last year (the lowest point) the company has continued to trend upward. Thats 6 months of an upward trend and increased revenues (of course we will know more when they finally release their Q's).
I have no idea where you are getting your stats but by my measure the company is improving (albeit slowly) and has significant market liquidity (ie trading volume) with sustained market support.
Has anyone tried to contact the company about the filing?
What is interesting is the fact that a few here were so polar opposite of correct. even in the face of opposing facts nd evidence. As if they knew the whole time what the plan was and were trying to convince the rest of us that it was the exact opposite. Why would any "shareholder" want the company to fail?
Theres only one reason that a legal opinion would be required of this company and it does not apply to non-filers. The writing is on the wall and it appears Gordo was right the whole time. Hats off to you my friend
Legal opinions are fr annuals not quarterly's. Unless that is what they are talking about
Legal opinions dont need to accompany a quarterly and in case you havnt notice they dont have a legal opinion with a filing and are still current. They are non-filers
Interesting to note that while some use todays update as an opportunity to manipulate, that it is completely missed that a non-reporting company has changed their filing format and now is providing a legal opinion with their filing. Am I the only one that thinks this is odd? Why would they need to change formats and get legal opinions if it wasnt required and purposely done this way? Oh, and if its all BS why would they expose themselves legally by getting a legal opinion?
Seems like something is happening and its happening more frequently lately.JMO
So its BS when they do not update us and when they do its amateur BS? Got it. lol
There less than 4M on the bid with nothing live/current. Definitely a weird day
Easy, go to their website, social media, and youtube channel and look at the photos and videos of their other products. One product at a time. They dont have the capitalization to launch many products.
Well we know quite a bit is real and works because we have seen videos but the rest you have a point. I think they have prototypes but they dont have the money to do it all. Frankly, I am glad they dont put money into the other stuff and dont talk about it either. They need to focus on one thing and that is revenues on Hygieia. Once that takes off and they are flushed with cash they can sink money into other things.
I dont see any other way. They will probably go to a QB or QX depending on expenses and audits then make jump to NASDAQ or NYSE. Its all about structure
Fair point. Im just grumpy from having to work the past two Saturdays I guess. Sorry. Heading out of here. Done anyway. Have a good weekend folks!
Good. Finally we agree on something! lol
The only one with ties to the company as far as I can tell is you sir but you refuse to answer any questions any of us have asked you. Why? At this point it is obvious that you and 1 or two others have either worked for or have had some affiliation with the company. Why not just tell us what you know? gag order? legal liability?
I am going to say what I have in the past which is they need to get their heads out of you know where and start delivering and stop setting unrealistic expectations that they cant meet.
Who are the better companies? Why not share it with the rest of us?
We keep going back and forth on this with the answer being the same every time. Why keep complaining about the same thing? The company bought other companies - we know this. It takes money to bring a product to market. Apple couldnt bring all these products to market at the same time. It would cost too much money but logistically it would be a nightmare and would fail. Even for Apple with all its resources. You need to be realistic and rational and let the past go. Ask yourself does it really matter if they made mistakes in the past but corrected things and are finally making money? Would you want to be judged based on all your past mistakes regardless of what you are doing now? Running a manufacturing company is complicated and EXPENSIVE. The company does NOT have the money to do all that you want it to do! Its the first Q of a new year and you are screaming the sky is falling in the middle of them PROVING they are doing something about making the company successful. Wait for the Q the compare it to mid-year! Thats what will tell us how much progress these guys are REALLY making.
I went through in detail what it takes to bring products to market in a previous post. You might want to look at that and ask yourself if you think its realistic to ask ANY company (you dont want to fail) to do all that many here want them to do. Its just unrealistic and fantasy land to bring all these or even a few of these products to market at the same time or even in the same year. Where do you think they are getting all the money to put in place supply chains, manufacturing, fulfillment, marketing, customer service, insurance, employees, warehouses, etc? The company has very little money. WHat you are expecting would take 100's of millions of dollars. It will take time for them to put that type of corporate financing and leverage together. A lot more than three years, I promise. FYI: when they do that they would be almost a billion dollar company! You think that happens in 3 years? No way. Run the numbers and let me know if you think its realistic. I have and its not happening anytime soon. This company has the potential to be a $250M+ mrkt cap company with the right corp/finance execution. IN FIVE YEARS! and thats being VERY optimistic (taking into consideration a few assumptions on leverage strategies). Not that a mrkt cap like that would be bad but that only brings us to an estimated 0.25 cents/share! Thats a great return for most of us here on this board so I am not complaining but I am making the point that patience and realistic expectations is what is needed if you are to realize such a return. Its either that or flip out and sell which I have no intentions of doing. Also, that expectation doesnt address the minimum requirements to support their uplist strategy that I am still trying to figure out.
Maxing out the O/s is not going to hurt us but could help. Supply and demand. That said I see no indication of O/S increasing but more that they have been decreasing.
S-1 is a registration statement not a PPM.
Yes. I replied with a few questions. I thought I copied you?
Technically, last day for filing is Sunday which is the last day of the month. I suppose there could be reason to release them on a Sunday depending on your strategy but we couldnt possibly know without being on the inside. I suspect there is at least one person here that could shed some light on this