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Tuesday, August 27, 2019 11:06:57 AM
So your argument is that the company is evaluated by what it DOESNT have?
Of course not...that would be ridiculous. I'm not saying "McDonald's is a bad company because they don't serve sushi", but it would be a major problem if McDonald's kept talking about rolling out premium sushi at their restaurants over the last 7 years and sushi never came out.
The point is that UATG claims to have a bunch of stuff on their website that never seems to come to market and we've never had a picture or video to show that it's real. 99% of subpenny pink sheets are scams, that's just a fact, and Umbra needs to be much more proactive in demonstrating that the claims on his website are actually real if he wants to convince your average penny investor.
I wouldn't have a problem if UATG just stuck to talking about Hygieia and Clearview and all the verifiable stuff. But UATG has been talking for years and years now about uplisting to QX or a 'senior exchange', they talked about their Aerospace Division as recently as 2018, they talked about a cybersecurity AI product for financial institutions in their last shareholder letter...at some point Umbra needs to understand that these are a lot of very serious claims building up which aren't coming to fruition, and that they have severely eroded the market's faith in him, all the way down to 0.001.
I don't think a single shareholder can be faulted for simply pointing out that there is a vast discrepancy between what is discussed in press releases and what is actually visibly happening at UAT. And until Umbra addresses that genuinely, that discrepancy will continue to result in a credibility crisis.
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