Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

I dont think those numbers are realistic. Once the other products are selling we could see those numbers. Price point on socks is too low and would require very big contracts to fulfill. No, I think the real revenue is coming end of year after they launch all the hygieia products and after the medical devices are being sold. The implants and medical devices average about $2,500.00 each if my memory serves me correctly.

I think the CEO is focused on an overall successful year instead of a big jump in one quarter. The way he puts it, his main focus this year is the uplist of the company. Hes obsessed with it and wants to get out of the otc. I think thats his definition for success this year. IMO

I think we see some to little revenue "reported" this Q. I dont think the company is putting all their cards on the table right yet. They have been much more transparent in their filings over the past 2 years but I noticed a few things with the way they run their accounting lately. They actually seem to have tried to downplay revenue in their last Q which seemed intentionally confusing which is just one reason I have felt the price being low is what they want for right now. I know they have a lot in the works but we havnt seen not one single press release on any of it. Heck, right here in my home state they have met with officials on water purification but when I ask them about it they near deny that what I am being told is true! Why!? Wouldnt that be good news and show the shareholders that they are actually working on many ways to drive revenue?