Umbra Applied Technologies Group Inc (UATG)

[WallStreetReports101]

UATG assets are $35M. This apparently does not include what they have developed along the way that they keep secret and we are just learning about like Hygieia

NOTE 6 – INTELLECTUAL PROPERTY
During 2012 Umbra Applied Technologies, Inc. (“UAT”) executed five (5) technology purchase agreements with unrelated parties. The buyer (UAT) and seller mutually agreed on the purchase prices which were paid in UAT shares. UAT was acquired by UATG in November 2013.
The total purchase price for those assets was $35,390,000 which was recorded on the UATG financial statements at $4,896,800 originally as goodwill and subsequently restated to Intellectual Property
Technology description
Purchase Price
Water Purification and desalination
$15,000,000
Pegasus Hybrid Project (aerospace technology)
$10,000,000
BuzzSwat (security technology)
$2,000,000
Rigid (medical technology)
$7,000,000
Security, battery and alternative technologies
$1,390,000
sub-total
$35,390,000
valuation adjustment
($30,493,200)
Net
$4,896,800