Umbra Applied Technologies Group Inc (UATG)

[why_meil]

I worked for a profitable small private mom and pop company for 10 years. My last year there we were doing $800K-$1M/mo revenue. I was a sales account manager and there were only 3 other sales people besides myself. A couple of guys in tech support, a couple people in assembly, and 2 people in the shipping department. 10 people total not counting the mom who cracked the whip. The pop was never there lol. He spent the majority of his time on a golf course. Any maybe a week per quarter in China keeping our suppliers and manufacturers in check.

Point is, our little company didn't own any patents yet we were highly profitable. We had a couple of trademarks on our logos, stuff like that, but that's it.

Why does UATG need to have patents to be profitable? There are ways to make money without patents. There are also many public companies with patents that have never made a dime in profit. The 2 don't necessarily go hand in hand.