Umbra Applied Technologies Group Inc (UATG)

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UATG has $35 MILLION ASSETS!, Anyone knows?!


– INTELLECTUAL PROPERTY (Restated)
During 2012 Umbra Applied Technologies, Inc. (“UAT”) executed five (5) technology purchase agreements with
unrelated parties. The buyer (UAT) and seller mutually agreed on the purchase prices which were paid in UAT
shares. UAT was acquired by UATG in November 2013. The total purchase price for those assets was
$35,390,000 which was recorded on the UATG financial statements originally as goodwill then amended to
Intellectual Property and effective with the September 30,2017 quarterly report restated to include debt
associated with the Intellectual property of $819,650 (Next Cast-$274,540; Rigid-$295,000; Palm Beach-
$250,000).
Technology description Purchase Price
Water Purification and desalination $15,000,000
Pegasus Hybrid Project (aerospace technology) $10,000,000
BuzzSwat (security technology) $2,000,000
Rigid (medical technology) $7,000,000
Security, battery and alternative technologies $1,390,000
sub-total $35,390,000

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