Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

$30M in assets with 336M outstanding would put the company at 0.09 cents per share at a minimum and thats not taking into account the new revenues from sales.

Keep in mind Facebook was not profitable for the first year or so, if I am not mistaken, and it was valued at $38/share. Two weeks after its IPO Facebook lost about $35 Billion in value when shares dropped below $29/share. It also took Amazon 6 years after their IPO to show a profit.

If UATG merges with another company on the QX or NYSE they could pull from almost any funding firm or bank when they file the S-1. This makes me think that this is part of their plan to fund the company to expand as they have stated. As long as they are fully reporting and not alternative reporting they can get funding from a bank or institution. What is particularly interesting is that they have been able to get institutional funding without being an SEC filer. What did they show those firms that made them want to invest in UATG?