Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

He does not know why we did 106M shares yesterday. he said the 3a10 firm sold about 16M as far as he can tell and they are restricted in how much they can sell in any given time period.

He believes that at least some of the volume is the result of shares hitting the market and causing more selling and buying but says that he doubts that, that accounts for all the volume.

I asked about news and he is reading me the riot act about only putting news out when its relevant to operations not to help day traders. He said he just put out a shareholder letter that was detailed and contained a lot info. Their will be news shortly though but not because its requested but because it has been scheduled for some time now. Apparently news is scheduled out for the next 6 months so he obviously knows whats going on in the future and has a plan.

He wont go into any of the rumors.

I told him everyone thinks hes selling shares, and he said thats ridiculous. He has never sold one single share he has. He directed me to check filings of which there are none he said. He would have to file to sell which I have said many times.