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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Only if he doesnt do what needs to be done. You know as well as I do what he needs to do, deliver revs, accurate forecast, rs, shrink a/s, finish audits, S1, raise REAL capital and uplist. Easy peezy lemon squeezy! He does that by January 1 and I stay. If not, im out along with a few others. Without that they have no hope for longevity, will flounder for a while and close shop. Its a shame but he keeps listening to pinky flippers and people who really dont understand how things work. You of all people know Im right.
A little grumpy this morning?
Either that or they just have what they can handle. I have said for years that their problem is that they are small and underfunded. They have the technology they just need to restructure, get real funding in and hire people to pump out product.
They did mention the iron removal demo several weeks ago on TWTR. Thats why I called along with a few other reasons. They just never gave a specific date and he didnt really give me one either. Not that it matters. Demo doest men anything until they get customers after the demo right? All that matters are revs right now. Then they can start doing the things that will move the ball closer
As long as they deliver it. When I spoke with him the new iron remover demo unit just finished QC testing and was being prepped for shipping to TX. Unit is probably there already or just about to be there. They have a big demo coming up for new customers this month. I am sure they will announce something. Maybe show some video and pics?
Not sure what to think. They seemed to be up to something as if they had a plan and were going to make some big announcements but its seems obvious now that he or who ever is distracted with H2O/Ossifix stuff. I did call and speak with him briefly a few weeks ago and he was in TX, was heading back and was going to be back in TX in a couple weeks which is probably about now timeframe. I think he is much more hands on than any of us think especially after all the delays. Hes probably the type of guy that says if you want something done then do it yourself which is ok but not really a great long term strategy in my mind. I know Steve Jobs, Elon Musk and Jeff Bezos were that type but Alex is not them and UATG is not Apple, Tesla or Amazon. Hopefully we hear something by end of month for new Q
2 shares. Pathetic. Market liquidity on this ticker is bipolar
Yep, $7T lost this year and $3T in retirement savings so far this year. Im sure the past 21 months have not been intentional at all. What a joke
Read the Q's. There have been no conversions from preferred for many years. At least as long as I have been in which is over 5 years. You said "he" meaning Alex or the company converted shares so they could be sold in the market. That is not allowed. Companys can not sell shares into market nor can they circumvent Rule 144 trading restrictions. You are most likely referring to the 3a10 they did a few years back which is perfectly legal and has nothing to do with converting preferred especially in this case because their preferred series isnt even CUSIP'd. Also, a/s has been maxed for a while with no increase. Previous issuance has been of common stock that was available out of their "treasury" or existing a/s which needs no conversion. Been doing this a long time and totally understand that things are different down here in otc but rules are rules no matter what.
SMH. LOL. Out of 12 trades, there have been 3 sell orders down. Mostly buying out open positions. Then again isnt every buy a sell on one side of the order LMAO. Wouldnt selling out to convert to preferred require issuance and a purchase order privately? A filing, unethical and against regs for a company to do? Ahh never mind those pesky little rules and obstacles, lets just spread bs rumors to convince the pinky traders that dont know any of that stuff. makes it fun right?
At least the V is finally up. PPS not great but what else is new. Hopefully we get some news next week. Tik toc Alex.
LMAO. Look whos back! Like clock work
I think we were around 0.0068 actually. I will check in a few
Complain and dump all you want. I would just like to thank the weak hands for cheap shares. I couldnt resist. $3k well spent
SMH. I just dont get how some just dont get it. lol
Someone just pointed out that I screwed up on the rev numbers. Not sure where my head was. Looks like UATG did $1.4M last year total and so far they have done $928k (6months). I am not including the $7.6M in contracts yet because they havnt taken in deposits to date. Sorry if I screwed anyone up on that
Anyone else notice how they changed their pr schedule strategy? I wonder whats going on?
Anyone who has ever looked at a lot of financial statements understands how companies report losses to retain cash. What you are missing is that they are making more money now than they ever have and how you can tell is by looking at the reduction in how they report losses. They are reporting much less losses. No company does that unless there is no way around it. They are reinvesting their profits into the company to pay for growth. Just like FB, AMZN, TSLA etc did for years.
Doing a video at 11:30 is amazing. He literally works all the time. He responded to my email at 5:00 this morning as well. When does he sleep?
Video highlights:
-Company responded to high priority issue in oil industry
-Developed proprietary tech to treat oil &increase oil production
-All testing and demos are complete
-Several potential customers for oil in discussion with several sites
-First system to be delivered to customer in 8 weeks
-Water treatment manufacturing/delivery to resume in weeks
-New water customers as well
-Treating 100,000 barrels/month by EOY
-Q's out Monday
-Hygieia increased sales by 30% from previous Q
-Eye gel selling instantly when launched last night
-10 new products from Hygieia
-Ossifix surgery on the 19th scheduled
-Vid/pics of surgery coming
-Shareholder letter ready for release by mid-month
-More announcements coming over next 2 weeks
-Step wise execution of product delivery from each company
-Audit announcement coming
-On track for everything planned this year through end of the year
-CEO is still confident about EOY projections
-New videos coming in week or so?
🎥 $UATG | 8/12 Update
— UAT Group - UATG (@UmbraAppliedTec) August 12, 2022
CEO Alex Umbra gives latest update for UAT Group.
▶️ Find it: https://t.co/30wKw4bztz
I would settle for half of the projected $50M bur honestly $16M is pretty damn good considering they did $1.8M last year
They are already in line to do $16M minimum over fiscal year and 190% undervalued 1:1 revs but, if they do $50M they are $0.05 with no change to cap structure. That puts them undervalued by more than 800% at current pps. My guess is that they are waiting to put out Q's because they are getting ready to announce new sales/revs for the metal removal tech. This metal ion in oil issue is huge and I have a feeling they are getting ready to deliver on this first. Then they will announce water contracts. Producers are more worried about the metal in their oil because they cant sell it beyond a certain saturation level. Water can be put down certain designated wells - less of a priority for oil producers which are clearly their customers. This is why the CEO is so confident about revs. Personally, if they do $16M it will show me that fundamentally they are continuing to grow. $16M is over 780% growth in revs which is amazing. Honestly from purely a fundamental point of view, if the do half of that it would be impressive. My guess is that the CEO already knows hes going to do $50M though. I am sure some will still complain about a 2,600% increase n revs though. lol
They are obviously setting up the deliveries of the larger systems. How could they deliver calibration equipment to a site with them NOT being a customer? You think they are just randomly dropping equipment off at other peoples drilling sites? Whos paying for it? Next question, why would you send expensive equipment to calibrate ANYTHING , if there isnt going to be something to calibrate soon? Like I predicted, small news once a week for a few weeks (although nothing has been small really), then twice a week for a few weeks then the big news. Same pattern every time. Anyone here longer than a year should know this. We are obviously being set up for the big news of how many of these iron removal systems they have sold at what the revs are.
Sandbox sucks and its not going anywhere without a re-org. Too many cheap shares in beer money hands that will NEVER let this breathe. NEVER! I am here for real ROI not chump change dribbled out over next few years until the whole thing falls apart because they dont have the capital to grow and uplist. They need to go to big boy exchange and raise real money to grow this thing into a big boy company. No more pink BS. They have real products that are killer. They need REAL money. Like $100M Money and OTC is NEVER going o get then there.
Good to see the idiots on TWTR havnt learned their lesson. Maybe they can piss off the CEO enough to the point he finally takes my advice and r/s this sucker so the children can go play in another sandbox
100%! When I spoke with him he told me about the combustor with zero carbon emissions. He wouldnt get specific but basically it seemed like it could burn anything that way and create electricity out of garbage essentially. He said the company would give more details in the future
Cap structure, weak/cheap hands and flippers. We both know what he needs to do. Hes too stubborn to do it. I hope he comes around or he will watch everything hes worked towards wither and die on OTC pink graveyard. Want to be on the big boards, you need to think like a big board CEO. Its really that simple.
I actually would be surprised if he didnt beat the project revs of $50M. The more I look into the metal in oil thing the more I think these guys are are in a unicorn position. Its a huge problem and they own the only onsite IP to take metal out. Oil producers are losing their asses to refinery penalties. I honestly think we are going to get announcements on contracts and revs soon. I also think the numbers are going to be big. Thats why hes so confident and doesnt give a crap abut people complaining. He knows hes going to crush it
Looks like they were multiple surgery centers and dont forget they did demos for clients months ago. They cut out of wood first, then used a mock-up bone with a fracture then the real thing (I think on cadavers?). CEO was on TWTR explaining a while back and company put out stuff.
Also, CEO explained why they dont launch several products in all their companies at once - because this shit is expensive! lol. Makes sense now
Pretty impressive. We are inthe news cycle just like I said. We will most likely get 2 pr's for a couple weeks, then 3/wk for a couple weeks and then a taper off. News has been damn good so far so I expect we will get hit with the big news soon. They definitely have something in the works
You have to get that sort of thing approved before you deliver human bone and tissues. Facilities, records and product have to be inspected by FDA. There is almost certainly a hold time before you can deliver and put something like that into a human body. Dont forget they had to basically teach the manufacturer how to cut the bone a certain way and he said they were programming the manufactures machines. They are doing something a certain way that has never been done before
I agree! This ticker needs to be restructured and it will level off and take off
Not sure we are getting more news this week. This is the 3rd week of news which usually means we get only one. They seem to have a lot of news coming and they dump news in cycles. usually 2-3 weeks of once a week news, then 2-3 weeks of twice a week news, then 2-3 weeks of 3 times a week news. They have always done this. Why? I have no idea. Its crazy but I will say when they do this they usually start off with news thats not so big and then they hit us with all the good stuff. The news so far has been really strong so the news coming must be huge. If I had to guess, the big news next week will be the revs from contracts. I am thinking H2O Processing sales and Ossifix sales. In between I am expecting more product launches from Ossifix which seems to be what they have been working on along with the metal removal from oil in H2O. Also, CEO said Nextcast was next after Ossifix so, I am expecting Nextcast to launch with some announcement on revs or contracts in this news cycle. CEO is confident they will do around $50M by end of year and this is the combination that can do it & that they have in the pipeline.
True but if they do a r/s, lower the a/s so its not insane, audit fins, announce contracts, go QB while waiting on S-1 to be approved, then they could have a real path to NYSE and it benefits everyone who owns the stock regardless of cost basis or amount of stock owned. Of course thats if they dont dilute which I doubt this guy will do because thats why he hates r/s's. This is a REAL company with REAL products and yes REAL revs. UATG subpenny with bloated a/s is EXACTLY what a r/s was designed for. The people who sell after a r/s are exactly the people we should want out anyway, weak handed flippers pulling the pps down. Ticker needs healthier trading. Everyone should be calling for it!
I was just discussing this with someone on another thread so I figured I would share. I called and spoke with CEO. Hes usually very friendly and will take time but this time he was rushed and told me it would be "more productive" to speak in a week or so since we "wouldnt be discussing the whole picture right now". I asked for clarification but of course he declined. He also mentioned several times that there are only "5 months left in the year" and in the context of, theres a lot to do, have to stay on calendar, the economic decline, and CAPITAL INVESTMENT before further worsening of current market conditions. Hes obviously working on something and is on the clock. Seems like he has institutional investment lined up to carry them through the impending recession. I asked him specifically about investment and recession and he said, "lets talk in 2-3 weeks". Makes me wonder why "2-3" and what is happening in 2-3 weeks? Hes working on something big. I can feel it.
10 cents? no way. This thing is going to dollars and uplisting if CEO is smart and does r/s through momentum and with strategy. I am in around .0004 and am riding this thing all the way to the NYSE as long as CEO does a r/s and gets control of the this cap structure by January. If not I will have to say goodbye. CEO is smart so maybe he will do the smart thing and put the long-term interest of the company ahead of inexperienced complainers. Then he will prove to me he is actually a CEO that can run a NYSE company. I like him but not enough to stick around and watch the company flounder for 30 years on the pinks.
Been in this ticker since 2018, coming up on 4 yrs here in a few months. Like I said, this is how they do it. They quietly work behind the scenes then announce all at once. The first few pr's are appetizers then they hit us with the real stuff. These first few are pretty damn good so I am expecting some strong news next week or week after.. They do this every time. The news starts with once a few for a few weeks then all of a sudden we get 2-3 pr's a week for a few weeks. If they are going to to do 1 pr that week they release on a Wednesday usually. A pr on a Tuesday usually means another one is coming on Thursday but its only the 3rd week into their cycle so maybe this is an odd week. 3 prs a week come when they release a pr on a Monday; then we get a pr on Wednesday and Friday. Obviously more is coming and it is most likely big. Congrats to those who stayed in. to those that sold, maybe you should buy in now while its still low so you will have have less to complain about.
To date? Yes socks and, full skin care line , supplements, video's showing demo unit for water treatment and cutting human bone into pins, patents filed, bought several companies, went from zero revs to couple hundred K to $2M year over, etc. LOL. I think you missed a lot over past couple years