Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

They have been planning this for a while. The CEO has stated he has had a plan he is executing on for 2 years now. He has said as much but at least we are seeing more evidence of a plan which is comforting considering the history. I believe the CEO when he says he got rid of all the bad characters and intends to get this company on the NYSE/NASDAQ. I am just skeptical about him being able to do it this year. Its a big goal to say the least. A merger with a newly formed company can only be a piece of the plan because it does nothing to address the pps requirements.

They have to merge with an existing public company with a share price above $2.00 or a private company that is in the process of going public with a share price above $3.00. In reality they need to target companies above $5 IMO because after a merger many short sighted flippers will dump which will lower the PPS. They need a buffer so that when price drops they are still above minimums

We need to look for a company that they have existing ties to that fits those descriptions. If anyone finds it please let me know because I have been looking for months and can not find anything. If we find it we can figure out to some degree where we are headed and when.

I will say that if this CEO pulls this off, he will literally take this company to a couple hundred million dollar market cap almost overnight!