Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

Last update was 2 weeks ago in the form of a shareholder letter made public. CEO is adamant about not behaving like pink and putting news out for the sake of news and stock price pump. He wont do it. Told me news goes out when there is significant news not when people want to pump the stock. he got a little indignant about that point. He told me his job is to build a sustainable scalable business that builds valuable stock price not the other way around (something like that). Its difficult to remember how he phrased it. Made sense and sounded better when he said it.

He told me this company is going to the big boards and all the pink traders looking to short or pump will be left behind. He wants out of otc and is determined to do it. He says everything is going the way it should and that there will be times everyone hates him because they dont understand or because they can not capitalize on it and there will be times when everyone loves him when they see why they did what they did and how far they have come.

He said the day is coming very soon when he can focus more on operations than metrics and securities and that is his focus right now. He doesnt like the distractions the pinks bring and he has a real problem with the way the system is designed to NOT incubate companies with real business models and products. He was actually very candid and animated about that point.

I have to tell you, he seems very confident in what hes doing just as he always does and I really do believe he has a plan to uplist. I just hope hes correct. Hes a smart guy and has delivered so far so I am willing to hang on and give the man a shot