Slow and steady wins the race
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Anyone notice that the Canadian sock seller removed their name from the product so you can no longer see that its Northern Shipments selling them nor can you see all their bad reviews. They want folks to think its UAT.
Ask yourself how they knew to do that? They are shareholders and they are on this board! They are also making the company look bad by pretending to be them. Time to get the lawyers involved
shareholder is selling the socks
Wont matter once UAT is there selling. No one is going to pay those ridiculous prices. I also spoke with Amazon who said if someone is reselling at higher level then theres not much they can do unless its something with resell restrictions or a licensing violation. They also told me the company would have to complain and there might be recourse but nothing they could discuss with me.
He reiterated that to me today as well. Apparently a few folks called today asking about a RS before I had the chance. He was pretty irritated about it as well. Told me that in 3 years of asking for it that I have yet to come up with a good argument for it. How about pps stability and to stop the manipulation MR. Umbra!? of course there is always the small point of uplisting and having access to much bigger capital as well. I just dont get it!
They dont. UAT has no affiliation with that company. I asked that exact question.
Yes. They saw it and legal is looking into it already. They also said official UAT Hygieia is currently going through customs so it shouldnt be long now before they are available in Canada at normal prices. The girl there also said that they know its a shareholder that pulled this stunt and will be contacting them through legal as well. Why a shareholder would do this I dont know but not sure it really matters anyway
That was before buyback was announced in 2016
Instead of everyone emailing asking for fluff news that will do nothing let’s email and demand a RS! At least the price would go up which is what everyone wants right? Won’t affect business in the slightest.
They wouldn’t work. Too many would remain. Need to be 100 to 1 or higher. I would be on board with that completely. 4 to 2 would be a waste of time. Price would plummet because you would still have too many of the same folks in. Kept gloat tight and in control. That’s the only way.
One that cares about money like the rest of them do. You don’t really believe the banks care about us do you? Again it would be an investment bank and it’s literally done all the time.
We all are but like Facebook and many others it takes time. This wasn’t an offering it was a failing company that needed to be turned around.
I never heard him say he wouldn’t do loans. In fact he has financing lined up for after uplist. Maybe it’s investment dollars I don’t know but a loan could be smart
Smart strategy.
Walking into a bank to get a loan is a figure of speech. Having no money is not an obstacles for investment banking finance. How do you think all these other companies go public and make millions. They have sales, revenue and many viable products with huge growth potential. Bring on NYSE with all that would easily guarantee investment dollars. If he did it, many of us would back him and back him big.
You are correct. The CEO refuses to do a RS and has refused for almost 3 years. WHY!? All of this could have been avoided had he listened to me. Now we folks panicking and complaining about everything under the sun. Had he just done it we wouldn’t be here
I disagree. A profitable company, with a real product, tight float and new products on the horizon will like honey to a bear in the pinks. They could uplist a year later or do a merger. The only reason to NOT do a RS is to protect even the smallest shareholder. I can’t think of any other reason.
Wont need to. With a 100 to 1 RS they would meet the last requirement they needed for NYSE provided there was supportive trading which I think its safe to assume they would have. Hell at that point they could walk into literally ANY bank and get millions. The float would be tiny and easily controlled. The real question is why WONT they do it?
Well there are bids but I get your point. The uplist wont happen at this pps. After a merger or outright sale to another public entity they could uplist OR a RS which at this point I am back in favor of if one of the other two cant happen quickly
They relocated their domicile to Florida a few years ago. It was in a press release back then
I missed that one as well
of course it is. Its intentional. What would they do if the company said the hell with it, closed up shop and said they were done with it? Everyone would be left with $0
I wish! I have said it before and I will definitely say it again after today. A RS would be helpful. We would lose most of the rif raff and can set about getting to work on the public side of the business. At least everyone would move on to another company to complain about. What do you think, 100 to 1 RS. Maybe 1000 to 1 RS? that would leave us with a few million in the float. Depending on how many shares you have you good end up ok? Of course all the flippers with a few million shares would be wiped out.
I disagree. A real CEO does not do stock "promos". Not one that wants to uplist anyway. Those are the scams we dont want. hollow trading made by hollow investors. Its the reason the SEC does not like them and if you get caught they shut you down. Its also rampant in otc which is why I dont like to put money here. I guess in the end it didnt matter because I still lost money huh?
You might be right about me being too old to remember but that must have been a long time ago my friend
The company HAS acknowledged MANY times that there was a problem that they were dealing with! Why on Gods green earth do we need to hear that negative song AGAIN?
Company isnt going anywhere. The pps is. That is what i was trying to point out earlier. This is an actual company with an actual business. pps doesnt stop it!
Not caring and not concerned or worried, at the time, are not the same in my opinion. A man doesnt have surgery and go straight back to work because he doesnt care. A man doesnt stay to turn company around because he doesnt care. Hes been at it for damn nearly 6 years and in that time hes completely turned the company around. He doesnt care? come on fella?
Wow! Last PR was last month!!!!!! oh and it was a good one to boot! You need news every week? Name one real company that does that? I bet you name a bunch of otc pinks that put news out daily and sell nothing, have no revenue and are a shell corporation though. The only difference is that those probably trade above a penny and are a house of cards pyramid that can fall down at any moment
Dilution? OS is the same. AS is the same.
Wait. "when" you believed in this CEO? When was that exactly?
I have never heard Mr. Umbra say he does not "care" about share price. What he has said was that his focus is on the business performing as he does not control the pps. He has said that the pps will always be the last metric that will change here because the company is in the middle of being built. Makes sense to me.
Why would you say he said that? Have you spoken with him and he said that to you?
Not accurate at all. I have and continue to express concern but I do it where and when its relevant and dont become hysterical. Panic wont help any investor or flipper, As for me being paid or having free shares you are completely wrong. Not that it matters because the facts speak for themselves. Everything that I have said about what the company has done is easily researched and is public. My opinions are my own as far as my optimism goes.
As for me not being an old man, thank you. I will take any compliment I can get at my age
I agree. The proof is in the pudding right? I want to see revenues, more products and expansion. I need to see consistent growth in the underlying business. The pps will get handled eventually. We will never see a better pps with a stagnant business
The fact that a nonreporting pink sheet did a buyback at all is remarkable in itself! Patience is what is needed. I would also add with no insult meant that many have said they have been here a while or invested in UATG for a long time. I dont consider 1-2 a long time because that was during the time that they were getting ahold of the demons and turning the whole thing around. You havnt even given them time to finish the turn around. How long is long enough? I dont know but going from potentially filing bankruptcy or closing the doors and walking away, to an actual product selling with increasing revenues seems like a damn good start (in just 2 short years) and option compared to what I would have been left with had they just quit. By the way, in case your curious, that number would have been $0 for EVERYONE who was invested within the first 3 years, EVERYONE! Just a slightly different perspective and one that I am sure several hundred shareholders share. The trading is being done by a few. The rest are holding. Want proof: There are over 870M shares out and the 30 day trading average is 13M with this weeks trading not reaching 1% of the float daily. Why are so many holding? Easy; They are the investors and they are the folks he goes to for funding if needed because they invested in a company not a stock. Thats how you make real money although it requires a lot of effort, time and research. The question has been asked a few times where does the capital come from when needed, theres at least part of your answer. Its not always hours of DD that gets you the answers you need, sometimes its simple common sense and basic math. Too many conspiracy theories spread to intentionally confuse everyone else. That last part is not about you Dan but thought it should be said so we can once again get away from complaining and maybe do some actual positive posts that help the board instead of bringing it down into the mud. I dont mean to come across foul but the actual company is actually doing good.How is that being missed?
A little reminder: The company everyone is complaining about is actually doing increasingly well. They have not only begun to show positive revenues but those revenues have been increasing. Seems odd and counter-intuitive for an investor to complain about a company that turned around its trajectory, stopped bleeding cash, began selling a product, started making money and has been increasingly been making more money. That is unless you are not an investor, havnt done all the necessary DD, dont have the whole story and simply want to flip stock. In that case what the company actually does, what it has done or been through are irrelevant. The only thing that matters is the trading trend and the ticker which is why the trend is pushed further in one direction by so called traders/investors or actually flippers. My point is that if your an investor you should probably be optimistic and even happy with the companys direction and significant advances but if youre a flipper the company is irrelevant only the ticker is. Doesnt bother me much either way but I think you should own what you are and not pretend to be something different this way its clear from which point of view you are posting. Just one old mans opinion.
that is being sold by a company called Northern Shipments not UAT or Hygieia. Someone is reselling UAT products! I just sent email to company
I agree. I like the man but i need to see something come back. I think he is trying and doing his best. Lets hope his best is enough
A merger where he takes control or retains control to some extent is what I am banking on. Hes not letting go of control after what the previous folks did to him.
Ex-employee I doubt because they only removed 2 or 3 in 6 years he told me and 2 were the crooks that ran the Kansas outfit that were more like partners. My money is on those jokers if its anyone related to the company. IMO its people they brought in when they tried to tank the company out of greed. Thats why there were so many flippers in a few years back. This is exactly why I told him time and time again to do a RS. It would have been quick and painful but wouldnt have dragged out 3 years. Now you have to either fight your way back up through the dumping or do merger in order to uplist. If you understand the fundamentals of moving the pps up through the selling that has taken place you will see why the merger is the only logical choice unless you really think this CEO is going to sell the company, cash out and lose control? My money is on merger folks. This guy doesnt like losing and going to NYSE sends a darn serious message. We will see soon enough