Umbra Applied Technologies Group Inc (UATG)

[Mcol52]

I will never understand why everyone is against a R/S here. When I called for the company to do one 2 years ago it was like I called everyone here a bad name. The company really needs to be restructure and it would be a GOOD thing, The CEO might have said he doesn’t like to do R/S but they exist for a reason! Not every R/S is a catastrophic event. He needs to lower the authorized and have a higher pps to get on NYSE. He does that and we DO NOT lose money! We will make money and have more stable investment!!!! IMO

Personally, I would like to see a reverse split to at least $3-$4 which would leave a nice float in place and then lower the Authorized to 300M shares. That’s a real company and one that can build its pps over time on the micro caps. Watch it grow and move up through the NYSE. That is realistic and would show me that the CEO is serious about building a major company. He does this and we could be watching another AAAPL or GOOG. OVER TIME!

Getting reversed out is a myth if its done properly and as long as they don’t do a large issuance. They are going to have to do some issuance if they want funding in NY and hope to capitalize the company. Every company does it especially companies that want to grow. AAPL, GOOG, FB, etc. Its actually a good thing for us and its what serious companies do if they want to hire people and expand. It’s the whole reason to go public in the first place – TO RAISE MONEY!!!!

If they do a R/S and raise money at $3-$4 a share they would not have to do a large issuance. At $4/share they could issue 3M shares to an investment bank and raise $12M !!! Do you have any idea what a company like UATG could do with that money!? Think of the products they could deliver and revs they could generate! Manufacturing and hiring people cost money and so does marketing. This company is undercapitalized and a raise will take them to next level. IMO

I wish everyone here would write the CEO and request he do a R/S and lower the authorized. I have asked him many times for years at this point and he refuses. I just don’t get it. Maybe one day he will see the light.

I cant be the only one that sees this