Umbra Applied Technologies Group Inc (UATG)

[investingquestions]

good points
1) need for audits-I agree that would be nice but not required for pink sheets so if they are done they probably would be SEC filers
IMO I dont fault Alex for this

2) filings-unaudited Having said no need for audits I do find fault for not filing anything. Something could have been filed. nothing needed to be disclosed on possible plans but something could have filed.


3) CEO- Yes he is the CEO, failing to perform does not make him a crook or a thief, maybe incompentent but something failure happens even with a good CEO. I am not in a position to judge his job performance and I doubt that anyone reading this board is either.

I do give him credit for trying and communication with shareholders however limited that might be. I am not going to judge him for how posters post their comments on what Alex supposedly told them. Again not judging the poster either. I have walked away from a telephone conversation with an interpretation only to find out my interpretation was not correct less than a week later

Reality check-UATG trades for less than one tenth of one penny
-no new shares are being issued.
-Alex still talks to people
-business is being worked on as evidenced by new
websites for socks
-UATG is not current and stop sign on OTC markets

So the glass is ?% full or ?% empty depending on your personal outlook on the above. Influenced by the risk element, your risk tolerance for those items both mentioned and unmentioned

Good investing to all