With all due respect, I think you might be missing the point. The company is very clearly doing a lot behind the scenes. They are in fact working and making progress. It sort of contradicts what a few on here have been saying about the company. The company is progressing regardless of speed and timing

These guys may take a while to get it right but they obviously do not cut corners when it comes to quality! The socks are very high quality and now their high end line is packaged to match the quality!! Very impressed and happy with this companys deliverables. I am sure the pps will be going up over time.

New Facebook Post!!! Pictures of packaging look amazing. Very impressive!!! Very high end!!!!

CEO said they are not increasing AS. Apparently hes said it many times for the past several months.It is odd that a company would seemingly increase their AS (late last year) and then max it out (within months) without another increase. Why was the one billion AS number so important to go to and then not pass? They could have just as easily gone to 1.5 or 2B without an issue. Why increase AS to a number you knew you were going to max and no longer have ability to raise funds via equity? Has anyone asked the company these questions? I have never seen a company do this and it seems very intentional but I can not imagine why?

Anyone else notice that the financials list a legal firm that is known for uplisting as their legal counsel? I really would like to speak with Gordo56 if anyone can ask him to message me?

Sorry I have been stuck at a conference most of the day. No I have not heard from Gordo56 yet. Has anyone else here herd from him?

Laws changed a few years back and it was not in our favor. Disclosure is actually less than it use to be. There are new laws being worked on by the current administration that are requiring much more transparency. The previous administration favored control over transparency although the control and limitations they put in place did little to protect an actual shareholder. It did however make it easier to leverage and make more money for market makers and institutional investors. I wouldnt worry too much about it other than to understand how the market actually functions and how your money/investment is really not secured as many might believe. At one point they could even leverage your entire account at a multiple, including funds you had "on deposit" to purchase securities! Now its more difficult for them to leverage although its still done through a different mechanism at a smaller leverage multiple.

I dont think they can "keep" the price down per se but they can down play their progress so the market doesnt respond favorably. This is probably so effective because of the time of year due to upcoming holidays. Trading will start thinning out after Thanksgiving and eventually move at a snails pace by mid December. Many brokers take the entire month off and some dont really come back until mid January. The real question is why would they want to down play their obvious progress. As far as I can tell the company never made any money until end of last year so making over $90k a month should be something to brag about especially when you look at the debt reduction over the past 14 months. Very strange. I messaged Gordo56 because he seems to know a lot about the companys history and I am especially interested in his theory of a merger but he has not responded yet. Anyone here speak with him?

All monies have been accounted for in the most recent Q but the accounting techniques they use put the company at a negative and serve to down play their progress. I have to assume this is intentionally being done for tax liability management but what is interesting is how they account for their assets which are fairly substantial for a subpenny stock. If I had to guess, they either have or are shopping for institutional financing/investment and it is most likely substantial considering the way they account for deficits. If I had to guess, they are looking to line up a couple million in financing. They might already have it but there is no way to tell until the capital is deposited into corp accounts and accounted for. Maybe next Q will tell more but more likely Q1 2019 like most companies do. Starts the year off positive and builds pps momentum. Regardless, the company is definitely managing the perception of their financial disclosures to look less impressive. I had not noticed this before and will go back and review the previous Q's over the past 2 years to see if their accounting methods have changed for that purpose.

Cede & Co is widely misunderstood. No more evident than in the comments made here about them. Hopefully I can help.

First you need to understand that in this country, publicly traded stock does not exist in private hands (mind blown, I know)

It is not owned by the "owners", who, have purchased shares in a company. That is because technically, what you really own is a debt instrument or an IOU. The true ownership lies with a DTC partner.

Private-company stock is however directly owned by shareholders though.

Almost all publicly traded equities (as well as the majority of bonds) are owned through a partnership, Cede & Co., which is the nominee of the Depository Trust Comany (DTC is nothing more than a depository that holds securities for approximately 600 broker dealers and banks). For each deposited security, Cede & Co. owns a master certificate or what they refer to as a "global security" which never leaves a vault. Transactions are recorded as debits or credits to DTC members securities accounts, but the registered owner of the securities, Cede & Co, remains the same.

What you as a shareholder/investor actually have instead of direct ownership, is a contractual right against your broker. The broker then has a right against the depository institution where they have membership. Then the depository institution is obligated to the issuer. This creates a 3 step process before you get any rights to "your" stock.

This is where it gets really complicated.

This reduction in straight forward property rights makes it impossible to maintain 100% accuracy of who owns what. It would scare many shareholders to know that discrepancies between the records of various counter parties occur EVERY day (they are usually resolved without an issue). In a crisis, when liquidity dries up and the system comes to a halt, discrepancies could potentially result in securities that are outstanding as opposed to those that have been actually issued. Why is this a problem? This creates the potential for some investors to be out of pocket, with nothing to show for their purchase or investment (dont panic yet).

As regulated and mandated, within a 3 day period to settle, securities cross the balance sheets of several intermediaries. If one of those intermediaries becomes insolvent and fails (Lehman Brothers or MF Global ring a bell?) then an investor who was under the misguided belief that he or she was buying 100 shares of AAPL finds themselves instead in the position of being the creditor to a bankrupt firm. Its so much of a mess that 10 years later they are still trying to figure out what companies Lehman Brothers actually owned.

Dont panic, these types of collapses are not common or frequent but it does put a point on why so many of us are not a big fan of DTC. Why the exchange is still done this way goes back to the 60's and that is a very long explanation about the switch from paper to electronic book keeping through the regulations enacted in the 70's. I dont have time for that right now and its off the point.

This matters because this is how market makers "borrow" against YOUR stock to create a market even though at the time they might not have anymore of a particular stock. An example would be that a firm or market maker like Maxim Group out of New York might have sold all their shares in UATG but in order to "create" a market they need to buy or sell shares. How do they do that? Simple, they find someone else who has shares in UATG (on deposit with DTC) and essentially use YOUR holdings to "borrow" against. Essentially borrowing your assets without your permission (they dont need permission, they are market makes with direct access). Dont worry, once the sale is settled and comes full circle (market made) then the "register" is balanced. If YOU decide to liquidate YOUR shares that have been leveraged by a market maker then the Market Maker simply "pays it back" by "borrowing" from another shareholder. This carries potential risk on many levels but is a topic for another day. Market makers can also sell to themselves which of course we can not. In fact they are authorized to do a lot of things we can not all in the name of making the market and of course while turning a small profit, lol. I will let everyone here decide if they think that is a good practice.

Sorry for the long post but its important to understyand this in order to understand a financial disclosure when you read Cede & Co is holding "equity" or has been issued shares in a company we bought into. Cede & Co is not one person, its actually US. In most cases Cede & Co shares are OUR shares. This is what is referred to has held in "street" name. Technically speaking and in many ways functionally speaking, Cede & Co owns almost all of the publicly issued stock in this country.

The point is, that UATG did not issue Cede & Co directly, ANY stock nor is being held their for nefarious reasons by a shadow arm of the company or its friends. Its simply a master transfer agent and processor for DTC. Hopefully I didnt lose anyone and hopefully this actually helped everyone

Reading through many of the posts yesterday it dawned on me what the problem is with this board. MANY here really do NOT understand how to read or interpret a financial statement correctly. There are certain accounting principles versus accounting/financial strategies that companies employ when managing assets and cash flow for the purposes of managing tax liabilities and financial leverage with lending institutions to enhance their fiscal capabilities. I understand that these are complex issues but not knowing is not an excuse. Not knowing could cost you quite a bit. Because I am licensed in a parallel field I wont get into it here but I strongly recommend that some brush up on these issues as a matter of diligence. This new Q has some very good things in it and some things that still need attention. I have sent an email to the company highlighting what they need to double check and potentially work on. Hopefully I can be of service to them and help my own investment. This company has so much potential and it would be sad to see it squandered on small mistakes adding up over time. So far they have really done an impressive job with improving their financial health but they still have work to do. Looking at the Q's from the past 5 years really tells an impressive story of mistakes made and mistakes corrected. I know its a pain but I would very strongly recommend that those that are serious go through the past 4-5 years of financials. Its a good rule no matter what company you invest in to be honest. I will look for links that could be helpful in adding those interested in learning a little more. There is alot of inaccurate info out there so please give some time to find something easy to understand that is also accurate. Hopefully this will help everyone

Called Transfer Agent this morning and just had a very informative conversation with Alpine Securities.

The reason sub penny pinks across the board have had decreased volumes is due mostly because of the unresolved clearing issues with Alpine. Anything below a penny is not preferred by Alpine and as a result has additional costs imposed on it to clear making it more costly to clear than stocks over a penny. The further below a penny a stock is the more expensive it is to clear. The good new is that it has hurt and in some cases put toxic lenders out of business. Bad news is that it has hurt some legitimate companies. I was told that many of the firms are working on a solution, via securities insurance and bonds and hope to have a solution by beginning of year.

Just thought a few here might be interested in this info

They just told us. lol

I asked when the Quarterly's would be released and a few other questions. Q3 will be out before the 14th when they are due. He would not give me a specific date as it would not be fair to other shareholders. As for the other questions I asked, they varied. I asked about the direction of the company, product release timing, institutional investments and financing, etc.

I will not be going into any of that conversation because of the climate on this board. I recommend anyone who has questions to call the company and ask for themselves because they really do take calls and answer questions.

FYI: for those who say the company does not communicate or the CEO does not respond..... I called the company for the second time in 3 weeks and received a call back from their IR department and when I asked to speak with the CEO he called me back. TWICE!

This marks the second time I have EVER spoken with a CEO of a public company and I have called other companies asking if the CEO would speak with me. UATG is literally the only company that has followed through. A CEO that is as criminal as many here suggest and outright accuse does not take calls and make himself so accessible. They hide behind assistants and anything they can put between them and the people they are ripping off. A few people here as well have said they have spoken with the CEO so I am not the only one. I will also add that he called from the office number a few minutes ago which according to eastern time was around 6 pm. So not only does he return calls he works after hours. The guy obviously wants to make the company work! I understand people not being happy about the stock price but calling him a criminal is not right

I agree in part. The float is big but the fact that there is no increase to Authorized should eventually swing stock in other direction once shareholders start holding and shares become scarce.

I understand your point but I think the company is better served getting product out and not worrying about one loan person price gouging their products. Market makers are always going to do what makes them money so when the company starts reporting larger revenues and the name is more easily recognized they will go the other way.

How does that effect the company at all? Just petty people playing petty games trying to capitalize on a companys name.

Vast majority? lol. 10 or so people on ihub a majority does not make. Obviously the majority of shareholders are buying the stock at the current price or there would not be buying. Also, we are heading into the holidays and anyone trading for more than 5 minutes knows how that goes across the board. By mid December trading will be a fraction of what it was mid year. Ever wonder why companies do NOT go public in Q4 and wait for Q1? Come on!

Report them for what? The price being down? being a company that actually sells a product? Has revenues? Takes shareholder calls? puts out regular updates and communicates to the public? Their own PR says they are a start up company making corrections. Demand answers to what questions? being late a few times in delivering a product is not only NT illegal its actually common. Lol. This board is something else.

Maybe. I didnt notice until I read your post and went to check. I also noticed you cant as an American order under the Canada Amazon. Cant even open an account. Makes sense but I thought I would try.

No hes not. The company said that its because Amazon is sent to multiple fulfillment centers. Read my last few posts

I didnt consider that. That would be logical but the company did imply they sent more than 11 pairs. I forgot to ask how many they sent. That was stupid of me

Not true. Both black and white are available

A stock price can always go lower and if this board is any indication of shareholder opinion then there will be those who put downward pressure on the this ticker. Support and are fairly consistent but it is the oddest thing to see both intermittently disappear without news or any apparent cause. I thought that with todays bashing on the board it would push it down but even that doesnt add up. There are obviously other more significant players involved in this stock and this boards opinion doesnt seem to trail their trades. I have been looking through the historicals on this stock and its difficult to make sense of. Even had a more experienced trader look at it and he said he would need a couple of days and would get back to me. Very complicated for a penny stock

Thank you

According the financials, revenue did increase and they have substantial assets. I think you are misunderstanding the financials. New Q's will be out any day now i would think. That should tell us more

So Gordo is assuming or guessed? He wasnt told by CEO?

That would be called insider trading! The CEO told Gordo that they are doing merger and didnt do a filing or public statement!? Did this really happen or are you guys messing with me again?

Anyone know what gave him the idea that the company was doing merge? How could he possibly know that?

And to clarify, the company never said it was looking to merge? That was pure speculation from this board?

Is this a stock trading board or therapy session? Does anyone know the name of the company that UATG intends to merge with? or any other relevant information that would be helpful to someone trying to make money on trading?

Hygieia contest announced. Looks like UATG's subsidiary company UAT just launched a contest for customers to post pictures of them wearing their Hygieia socks exercising or whatever they might be doing.

Why would they make such an announcement after the market closes? I dont think they understand the value of the announcements they make or how it can help stock price.

I thought Canada was up and Mexico was to follow? Is that not true?

Why? What happens tomorrow morning? Have you spoken with him?

I saw that in their 3a10 filing and disclosures but it doesnt look like anything has been issued in the past 6 months. Are the debt holders holding their convertibles?

Over the past 3 weeks I have read every letter and press release (that I could find) from the company, visited every website, watched every video and read through many blogs/boards. I have combed through their financials going back to Green Processing when a guy named Stephen Cummins was the CEO. I have only seen 1 or 2 references you mentioned and I disagree with the CEO's assertion that these factors matter to this type of company. They are too small and the rice too cheap. I also, just got off the phone with the CEO so I guess the people here werent lying about him willing to take shareholder calls. Actually quite surprising that he takes shareholder calls at all considering. Thats a first for me but it sort of proves that hes not hiding and why would he if he was legitimately trying to make the company work? Doesnt exactly measure up with some of the accusations i have read here. Also, the man seems very nice, humble and sincere. Even admitted his mistakes! I honestly am shocked that he is the way he is considering the way hes described here.

I might be new here but I assure you I am not new to investing in the public and private markets. I constantly search for new opportunities and have never used iHub before. I focus more on analytics and potential of which this and few others on OTC have. I love the price and business model but the upside on IP alone is huge. This is a matter of time I am thinking. They just need capital from what I can tell and that is right up my alley.This is the type of company where the money is made. There are no lottery tickets. Its one at a time

I am calling the company myself. I think many here have never really spoken with anyone at the company. I usually dont call companies and ask to speak with the CEO but since so many here say they speak with him all the time I think I will test this story. Too many weird posts here that dont really add up from people people who say they own stock but hate the company.

I have no idea what this comment even means or where you are getting this info. This is the craziest group of shareholders I have ever come across. I am starting to question this boards legitimacy.

Not a matter of convenience. Matter of fact of what the company actually currently is. Spinning the facts to support flawed and erroneous statements is a matter of convenience or is opportunity? Guess it depends on which side of the manipulation you are on huh?