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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What matters are revs. Don't let the legal jargon about "going concern" get to you too much. Every company puts that crap in there to cover their asses. The only thing I would watch is how the lawsuit goes and wait for when they countersue. The rest is legal cya from a non-reporting bulletin board company. Most of the crap on otc Q's regardless of company is not accurate anyway - unless they are audit (QB, QX). The next Q and EOY are what's going to show us if they can make money with their wonder machine. It certainly looks like they finally have something.
Tyaz has been around a looooong time. Longer than me I think? He just likes to make jokes and push buttons. He's retired so it's also possible he day drinks. lol. Don't let him get to you.
Serious question, WTF are they waiting for then? He needs to go after Estrada for all the crap he didn't deliver and how much money it cost the company. Also screwed all of us on PPS because of his over promising crap that never happened.
I agree, he needs to post SIGNIFICANT revs. $150K shows the model works but can they actually scale this up? We will see but Alex will need make a lot of changes in how he does things if they are going to be disruptive enough for this to fly.
The Q says they are contesting it. Doesn't that mean they have to file a suit?
No, you are correct but the problem is you have ignored anything the company has actually delivered in the past which makes you look biased. That said, I have to agree with quite a bit of your criticism in the past because they have taken way too long to deliver, Alex holds way too much info back and he should have cut Estrada loose and others a LOOOOONG time ago.
I mean it seems like standard legal process where they are counter suing iand the other side got there first. We will need to see how it plays out. Estrada hasn't delivered anything to the shareholders so I am sure he will lose for everything he has done over the years
Its listed as part of a countersuit
They just got started and of Q2. They clearly had thiungs to work through which is maybe why they have been quiet. We will see how they scale up over next few months. Pretty impressive vids and pics they posted on X though.
Didn't the Q just come out a few minutes ago and didn't the revs just start end of Q2? I will reread through it thoroughly to confirm.
It's good to see them moving forward but why did they hold all the videos and pics back for so long? I don't get his strategy? Why not show all this heavy eqiupment and see how much they have scaled up over the months? He needs to do better job marketing the company. Either way it is very impressive to see how far they have come.
He said the same thing on the phone call that he did publicly. You love drama. Show me the new info?
I only believe what I can see at this point. We know they built two systems but we don't know how much money they have produced. I only care about revs and want my ROI. Its been long enough and we don't need anyone screwing it up.
I believe what we have already seen months ago, pics and video of the first two systems done in TX NOT in CO. What I want to know is about the other systems that were built? How many more than the first two? I don't care about CO because nothing is there other than some parts apparently. They never said the systems were in CO and the pics we did see were in oil fields in TX. I don't think there is oil in CO.
CEO responded on X and said the tanks in the pic were being sent down to increase capacity on the current systems.
Pics of 2nd unit posted months ago. Tanks are being shipped to increase capacity in a units. Remainder of your info is inaccurate. Youve been sent DM pertaining to your actions in ref. to posting sensitive part #’s, serial #’s & shipping labels. The matter has been referred. AU
— UAT Group - UATG (@UmbraAppliedTec) August 4, 2024
Just saw it. I have to agree with CEO on this. Why did this dude post specific part and serial numbers? What does that prove? We already knew the second unit was built and was in TX. Why go to CO and NOT TX? I am more interested to know if they have built more than 2 units! Something smells fishy and it's not Alex taking a lifetime to get shit done. If Alex has finally got it together and this guy screws all of us there is going to be hell to pay.
Who said that? You know for a fact that the company is suing him? Do you know who the guy was? Seems weird that the guy went to the place that we know the systems are not? Why didn't he go to TX?
No shares were sold and nothing has been converted in years. A public company can't even sell its on shares in the market or even have management sell them. It's not only not allowed without a filing there is no way for them to even do it without a filing and approval. Read the filings. LOL There has been no dilution .he real problem is where are the revs? We continue to wait.
Any idea what the hell happened today with V?
How can he? Authorized is maxed! Something is up today.
Next thing you know we will have people demanding yet ANOTHER dumb video to tell us the same crap we were told several times months ago. Then they will complain about the video of course and use it to push more negative crap on all of us. I have an idea, MAYBE PAY ATTENTION to your investment that you say you care about so much but don't listen to anything the company says but will listen to talking heads on the boards. Waiting.... for every basher to respond with what the company has said but hasn't actually followed through with while ignoring everything they have actually done.
lol. It's weird how some remember only the things that support their narrative but completely forget everything else. Alex said he was getting rid of EVERYTHING but H2O and UAT and he said it a few times. No one remembers him saying UAT on hold and H2O is the only focus moving forward until they are up and running and don't need him? He was finishing the financing and "banking"? They were launching the iron removal machine? Then back to the water cleaning machine again to service the oil customers using water in drilling? No one remembers any of this? I will now wait for the snarky comments about all the negative and bad things remembered that replies will be about but not actually answer my question. lol. Tin foil hats man.
For those that are interested. CEO finally called me back about yield sign. They are waiting on legal opinion (attorney letter) to come out of committee from legal because disclosure needs to be consistent with EOY, Q1 and something in Q2 that he wouldn't discuss.I asked if he was worried about the yield or anything else and he said no. He said the oil cleaning systems are working fine but wouldn't get into specific revenue questions I asked or how many systems they are going to be delivering.
Drama drama drama. Q says what we already knew. Easily manipulated. Hilarious. This board use to be helpful. Sad
What's in the annual that we didn't already know? He said he was "divesting" all non-performers and distractions so they could only focus on H2O because that was the biggest return. he said it like 5 times in those stupid update videos that everyone insists on asking him for. The lein he has with the CFO is obvious legal strategy with the whole ossifix thing while they counter sue which the disclosure clearly implies they are doing.
You're just noticing the PO Box? Been brought up a million times.
He didn't say Alex told him anything. Geez man you love the drama.
I think you might be right. Delaying the annual doesn't make sense unless you are in the middle of something and want it in your annual report. It's not like they didn't have months to prepare it and they aren't audited so why delay? Maybe they are finally doing the audits or they are including something in it they don't want released yet? Maybe a pr is coming and then they are putting out the annual? Maybe we are reading into it too much? Could be anything but many companies file late so it's not that big of a deal. Yet!
All you guys should sell. Dump it while you can. The sky is falling. lol. Better for the rest of us that like the new direction of PR's only and Q's doing the talking. No more cry babies asking for updates on X and flippers messing with pps.
Keep up the good work Alex. Stay quiet and let them dump. The rest of us will wait for PR's (not bs X updates) and Q@ which should have everything we are ACTUALLY waiting for.
I just looked it up on X. Alex said soon on the 7th which was 2 weeks ago so I am expecting something this week. Fingers crossed
Everyone complained and said the iron unit wasn't there or working. Then he finally posts about it being there and working. He said from beginning that the first system was going to be tested and evaluated before going into full production. Seems logical and consistent. Yet here we are and now more complaints. LMAO, you guys will always find a way to twist things. I love how he said no more information will be given at this time or before a pr and then everyone asks stupid questions and gets mad when thy don't answer! OH MY GOD HILARIOUSLY STUPID. Why still invested in this ticker then?
Happy Friday everyone. On a completely unrelated topic, I truly hope that there's a very special place in hell for the people who invented early morning Friday meetings. Waste of time. Be back in about an hour.
I have to agree with you on this one. He needs to stay off X and before he joins IG, FB or Rumble, he needs to stay off that too! NO MORE SOCIAL MEDIA! Just put out the damn PR when it's ready. We all know how to read. I will accept a video once a Q if absolutely necessary and if God himself demands it! The only videos the company should be putting out are commercials advertising their products to build business! Ok ok, maybe a CEO video once a year at the end of the year about what was accomplished (or not) and what's the plan for new year.
Good point on next cast and Ossifix. Guess we will see which is why I want PR's and Q's. Everything else is just noise and a distraction.
I doubt Q1 will be anything. How could they be?
Like he always does? LMAO. The equipment that you said would never be built is built. Then it would never be delivered but now it's delivered. Now there will be a delay? In what? Let me guess, revs? I call bullshit on your commentary and am starting to think you have an ax to grind with the ceo. Seems REALLY personal. Did you use to work for them or did you know Alex and he pissed you off? Only time will tell but seems to me like he's delivering. lol
You will always put a negative spin on it. LMAO! We do agree on one thing, he should never do updates. PR's only
Dumbest shit I have heard. OBVIOUSLY he posted the wonder machine in the oil field and OBVIOUSLY it was working! WTF would he post a pic of some trailer in the middle of no where if it wasn't their machine and it wasn't working? Common sense man! Clearly the dumb questions annoyed him because he realized it was always going to be something and he could spend his time doing something better like make the damn ticker go up. Maybe he learned his lesson to finally not do updaters on X and ignore stupid questions. I hate the vids and updates. PR's ONLY!
I love how it's assumed the tech doesn't work after eco said he would only put out pr's and video with pr's. OTC flippers in desperate need to have something to play off of on the daily. What real company puts out daily weekly updates? Glad the ceo stopped with the stupid otc videos.