Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

Lets be accurate. The a/s was increased twice over a four month period towards the end of last year. Thats twice in 5.5 years. Clearly there was a reason for it which indicates there is a plan. We can disagree on the plan but not the facts. As for go through shareholders money, the stock now trades more than it ever has. What good is a pps at a dollar if you can not sell it? You can not dispute that the company is a completely different company in the last 2 years.

Past two years:

Company has revenue for the first time in its history
Company is delivering product to market for the 1st time in its history
Company is leveraging its IP for the first time in its history
Company has active marketing campaign for the first time in its history
CEO has increased his interaction with shareholders by many multiples
Company has updated public regularly (12 months avg is twice a month)
Increased market liquidity (stock trades more now than it EVER has)
Increased shareholder count
More dollars traded weekly than any other time in company history
Highest trading volume EVER (past 12 months)
Second product released 6 months after first product ever
New products announced & imminent delivery to market (announced w/ pics)
$35M in assets
Patents owned
Company is now debt free
Vastly reduced their overhead/cash burn rate
Company is no longer hemorrhaging significant money


Thats just off the top of my head but the point is that the company has made a lot of changes/improvements in two years that are not easy or fast to do. Anyone who has run a business knows this and thats not taking into consideration a large pulic company with the issues and obstacles UATG has had/has.

I understand the anger towards the companys performance but complaining now is like complaining that supper doesnt taste good before the wife is done cooking it. They are VERY CLEARLY in the middle of making changes. Why not see where it goes and how they do before making a decision about their performance? JMO