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Evntually the shorts dumping shares will run out....then what??
Already bought. Along for the ride! Market liquidity is the problem, not UATG.
H2O was formed Oct 2021 and taking off. I love this company!
I was trying to engage a professional discussion which I what I thought this board was about. Seems that people only want to bash and pump and talk trash.
I guess I'll play along or go elsewhere.
Interesting opinion, but I don't think a 7-11 can show $13M in equity on their balance sheet and a $50M contract for services with the potential for additional new business.
Their business (a store) would experience linear slow growth if any so the revenue multiplier would be much lower (like 2x-3x revenue).
UATG is different entirely. They are in a new potentially high growth sector and could be reporting significant growth justifying an 8x or 10x revenue multiplier.
My opinion.
$1.4M annual revenue and $13M equity (positive not negative) is alot more than most OTC companies and even some NASDAQ companies.
He has already delivered. We are asking him to deliver more, which I don't doubt he will given past performance.
There is $13M in equity in an existing balance sheet and $1.4M in annual revenue in an existing income statement.
There are financial methodologies to value the company based on existing equity and annual revenue.
I disagree that the contracts carry no value until financed. Alex is already delivering $1.4M annual revenue which proves there is a viable business operation. The $50M in contracts were publicly communicated through OTC Markets. There is legal liability if he lied and no reason to believe he is lying based on his income statement and balance sheet.
The only unknown is the risk to revenue if he is unable to secure financing. Not securing financing does not mean the contracts are dead if the product carries value. The client could finance the construction, or the technology could be sold. There is inherent value in all of these if there is value in the technology.
Curious, why aren't we discussing valuation for existing financials, or pricing in the value of the $50M in contracts. These contracts have discounted value prior to financing being confirmed.
You just proved my point. They are running balanced income statement with $13M in shareholder equity and are trading a $7M cap.
Keep making up reasons to call the company shit. Lots of heavily diluting companies to chase after.... LMAO.
Almost every OTC or BB stock that is running is diluting ... dumping shares on shareholders.
Meanwhile Alex is not. And instead is looking for bank financing to execute his $50M in contracts, instead of issuing convertibles.
How do we reward this exemplifying behavior ... we dump shares on him. LMAO.
People are forgetting that we are still undervalued based on the actual performance of the income statement and balance sheet.
Like I said, degens bringing the stock down. The class of traders were dealing with do not look at financials to buy-sell ... they look at fancy pictures and want to watch videos. LMAO.
This company is one of the last remaining solid OTC stocks.
100%. Degens creating buying opportunities for nw longs. Anyone looking at charts can see a base is accumulating. Smart longs are buying while others bash.
Surprising no one painted 0059 at 3:59
Yes, price action has nothing to do with Alex. Low OTC volume and a handful of degen shorts.
I am not sure what the fascination is with destroying things and bashing.
Everyone can see the balance sheet and how undervalued this company is even without new contracts and financing.
Revenue and Balance Sheet speak for themselves. The share price has nothing to do with Alex. It is WAY undervalued.
Price action has to due with low OTC volume and degen shorts spreading FUD to drop the bid.
This stock should be trading above $0.10 right now.
Like I said. The problem is not Alex. The problem is a few degen shorts taking advantage of low volume and bearish market conditions ....
This is a systemic issue right now.
I wasn't born yesterday. OTC stocks are the heaviest naked shorted stocks of all exchanges. Fintel report only capture real shorts and are correct.
Many shorts have a history of spreading fud that shorting can't happen to trap inexperienced traders.
How do I know .... because I've shorted OTC stocks.
Another 5M shorted yesterday. Like clockwork.
Why because he is actually running his businesses?
Who has proof that Alex did not collect deposit funds for any of these contracts. What is the source?
People here have obviously never run a business before and have no idea about financing $50M programs.
The PPS is suffering because every 5 days someone is taking 5M short positions and hitting the PPS under low volume. All in black and white in Fintel data. The current PPS has nothing to do witih Alex, and everything to due with low OTC volume during a bearish market.
In 2021, this would have been up 10x-20x already.
I guess you aren't familiar with the state of the fuel industry on projections for oil supply over the next 30-40 years. Oil is a finite resource and we are coming to the end of supply - likely in our lifetime (depending on your age).
Pressure to reopen old sites with hard to reach supply will increase over time. So will the price of oil to compensate for additional extraction costs.
UATG is at the forefront of this activity.
I don't need an audit. It is good enough for me if Alex secures non-dilutive financing. IMO that means an institution has done diligence on his financials and believes they are real. A 10x-20x move is justified on this alone.
I really don't care about the past here. Many companies have big dreams that aren't fulfilled. They start off as good intentions and then reality sets in. Alex has been able to carve out an interesting niche here which the market will need for the next 20-30 years.
I agree 100%. We are here at the right time.
Alex obtained the business and is now working on getting institutional financing. He built a business with decent revenue, acceptable cash flow, and a good looking balance sheet. Together with the contracts, he should have what he needs to secure institutional money ... not dilutive money. Aka he escaped the dilution trap.
Many Pink Sheet companies get $$ first ... extremely dilutive money ... then spend it before accumulating sufficient business to escape the dilutive trap. Their SS grows and no institution will look at them.
This is why OTC sucks. Strong company. Low volume bearish conditions.
Degenerates using $5k per day to short or sell back the stock to get a better entry. This stock is so undervalued. Why pull it back. Why not push it forward and create success stories??
SMH
Vague bashing. My point exactly.
I have. The current financials and contracts speak for themselves. I don't do vague bashing. Sorry.
enlighten us
I think it's a combination of selfish flippers playing the 0.007-0.01 range, and market makers using naked shorting to control the flow in low volume.
Ever since the 2020-2021 run the OTC has not been the same. Every OTC stock with real potential is hammered by shorts. I have a list of +20 strong OTC tickers and all are behaving the same. I have my own theories as to why, but not willing to disclose here.
IMO UATG should see +$0.25 if Alex delivers. This would be contingent on him securing non-dilutive financing and executive on the revenue potential of these contracts. He is currently running the company well and going above-and-beyond to communicate with shareholders. I trust him.
Feels like criminal OTC Naked Shorting, or one of Alex's investors is slowly selling a position.
There haven't been OTC runners in a while. Feels like someone is trying to hold the exchange down. IMO.
Alex does not drive share price. We do.
Alex has been delivering consistently.
Flippers, shorts and low OTC volumes have been dictating price action. So many people chasing diluting tickers when gold is right in front of their eyes.
The financing should go through with the contracts, provided UATG can commit some collateral or assets as the initial deposit
Hopefully the institutions recognize the assets on their books.
LIsten to the video. Alex is solid. He understand business, cap structure, business operations and has already signed contracts. He only needs to execute now which he is doing.
Selling here is for penny chasers, or idiots trying to dictate price action. Kinda like GDVM today.
Alex is building a future here. Easily 10x upside in UATG.
Rookies here. Watch FAGI and learn. Price action based solely on the potential and solid traders managing flow. This CEO has done the leg work to build an actual business. You just dont dump out the bid or penny flip. You make 10% instead of 100%.
To all naaaa-sayers. That was 30 minutes of the real-deal. No way Alex is making this shit up and running a scam.
Big money coming in 2023.
Held range well. RSIs reset. 4 hour chart looks great. Time to move up.
A RM is possible here. Clean SS and clean financials. A $2M investment on the Balance Sheet and little debt.
This ticker would provide a vehicle for MoonPay to go public.
All those shares dumped at between 0104-0117, just to by back at 0104. SMH.
F'n penny flippers dumping on a chart indicator with now vision into the value of the business.
Pretty messed up honestly.
Go buy some other crap in oversold territory. We don't need your money here.
It's a Partnership Agreement per the PR.
Not a Letter of Intent (LOI).
Not a Memorandum of Understanding (MOU).
This is an actual agreement to conduct a business transaction, with accountability on either side. MoonPay (a $3.4B valued business), would not waste the time, legal cost, and legal effort, if this was not a valid opportunity.
In my opinion ....