Umbra Applied Technologies Group Inc (UATG)

[Cat]

False and imo false. Current AS is now 3x existing OS exactly as I stated. I have read all the filings, PRs, website, etc, and don’t see anything to substantiate the view that some kind of reverse merger or merger is imminent or even desired. The CEO has explicitly stated multiple times, almost as nauseam, that he wishes to grow THIS business and uplist in the future. Not sure where a merger fits in with that crystal clear stated ambition. Acquisitions, maybe, but for 600,000,000 shares? Personally I hope not as imo this company already has a great IP portfolio it can work on commercializing for a long time. Again I am holding for long term here. Maybe I’ll write a complete post on what I like about UATG in the near future so people don’t think I’m overly negative. But it’s very unwise to downplay or try to brush off valid concerns about possible 3x increase in OS especially when company has a history of dilution.