Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

I have never accused you of whining. I have said it is not helpful to complain all the time and I didn’t mean it as an insult.

The pockets you mention are a bit off. The CEO has personally put his own money into the company. On more than one occasion. Read the financials. The man has over a million cash in the company. He also has several other funding sources. I don’t thinking’s accurate to say that the few on this board with a few thousand dollars each in are the reason the company has what it has. UATG raised around $5-6M if I’m not mistaken. $2-3M went to UAT the rest went to the crooks misspending that he fired. The company has accomplished a lot with $3M which is really not a lot of money when you consider you have to buy equipment, do R&D and pay folks. Manufacturing is expensive and technology research even more expensive. I invested quite a bit in a few tech companies on NYSE and NASDAQ and they spent tens of millions on research alone. Of course they are doing much better than UATG but I do believe that’s because they had access to more funding all at once.