Umbra Applied Technologies Group Inc (UATG)

[Ejboug]

I just reread the latest PR at the end they state new divisions coming in mid 2018 with the biotech division driving the revenue

the thing that really stood out to me was this though: "UAT Group is currently thriving from its recent product line launch and is determined to build on the company’s recent success. UAT Group and its subsidiaries continue to seek new opportunities for market expansion and currently negotiating multiple contracts to support that effort."

I think this share increase by only 200 mil is a good sign that they have signed a contract, or on the verge of one, and they are probably waiting to announce this news. I think they will announce it once they file the S1 form.