I had an early morning call with Mr. Umbra and as usual he was very accommodating and cordial. I requested an early call because his schedule was pretty full for the next 3 weeks and our schedules conflicted. I will start by saying that I have spoken to a few CEO's and none of them have ever been as responsive as this CEO. I will also say that I have never heard of a CEO that spoke with shareholders as much as this CEO and I have never had a CEO agree to take my call at 6:45 in the morning just to fit me in his schedule! Say what you want about the guy but it seems he is always working, and always takes shareholder calls or responds to e-mails. It really is impressive despite the companys current share price and pink listing. I asked for the call because I had some questions and re-offered to help with the company based on what I thought some of the issues were.
These are some of the questions I asked him and is summarized response:
Q: When will the annual for 2018 be out?
A: Annuals had to be adjusted to include Q1 because of the delay. They are being reviewed to ensure accuracy. Annuals and Q1 will still be filed/posted separately per OTC requirements. He anticipates this being completed next week.
Q: When will Q2 be out?
A: Week or two
Q: When will HP stuff be out?
A: They will be making announcement on that shortly but he assured me that they will all be out for xmas
Q: Will other products from the other departments be released soon?
A: Mostly focused on Hygieia release but there are a few other products that will be announced this year with release dates beginning next year
Q: What products are being released next year?
A: They will continue to release Hygieia based products but AI services in intel group and products from the greentech, aerospace and security division are scheduled to be announced over the course of the next 18 months.
Q: Is it your plan to still uplist company?
A: Yes?
Q: Are you confident you can uplist the company?
A: At this time 100%
Q: Since you declined my (and others) offer to help with funding, do you have the funding you need to uplist and grow the company?
A: He wasnt "at liberty to answer the question" at this time (guy is very military. lol
Q: Can you discuss any of the details of how you intend to uplist?
A: No
Q: Do you have or are you reviewing any M&A opportunities?
A: Apparently they are "always open" to such opportunities but would not answer the specific question for obvious reasons
Q: Do you see any reason for the pps to begin trending upward?
A: He is always optimistic about the company's future but declined to offer what he referred to as "projections"
Q: Are you going to release projections for the company this year?
A: At some point over the next couple months, yes
As always he was very polite and direct. We were on the call for about 30 minutes and discussed several things but this is what I thought most would want to hear about. I summarized questions and responses so I wasnt here typing all day.
The impression I got was that they have funding either in or lined up and they were in the middle of making things happen. It also seemed to me that they are going to start making announcements soon and that they really do intend to uplist. He seemed very optimistic and confident in everything he said but would not give specifics which I understood and did not expect. Didnt hurt to ask though. lol
I just got put of a meeting and tried to post this as soon as possible because today is going to meetings from hell day. Anyone who posts questions I will answer but it might be later. Hope everyone has a better day than I am about to have and hope this helped those interested.
