Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

Someone is selling into the market and doing so very carefully. This smells like an experienced brokerage firm to me. They must be consolidating the remaining debt. If so it is in line with what I have suspected for a while. Some type of M&A deal is imminent. I just don’t see any other option. To uplist the pps has to be higher. Without a rs a merger of some sort is the only way. Even with a huge contract and earnings the pps is not going to spike to 0.25 this quarter organically and I think if he intends to go QX and then NYSE he will need to be QX over the next few weeks. It will take 6-12 months to go NYSE and to do it this year will take a lot. I could be wrong and maybe they have it all worked out but this is a big goal and you need a way to jump forward to get ahead. A merger or acquisition is the only way. It’s been done before with larger companies (not often) but this is a small pink. If I had to guess, only a hand full of OTC companies have probably ever tried it and even fewer succeeded. This is an aggressive and risky move that requires a lot of planning. To me, it sounds exactly like something this ceo would do. IMO.

Guys like him, don’t quite and only see a win. Hopefully he’s correct. I know he really wants out of pinks and wants healthier trading for the company that can’t be easily manipulated. He is defiantly motivated and determined. We will see what the next few weeks bring. My guess is an announcement is coming within a week or two and it will be about the cap structure in some way or a merger. They have been slowly prepping us for something coming. I don’t think they are just going to drop a merger in us outright but who knows.