Hey Dudditz! Welcome! Maybe I can help. It appears they were merging UAT into UCIX at a higher pps but something happened between UATG and UCIX that prevented it. My guess is that they were going to do some type of share exchange that would have brought all UATG shareholders over to UCIX leaving UATG behind as an empty shell (this is why they stopped doing UATG filings). We would then have UCIX at $5 pps with 4 or 5 subsidiaries. Its a smart strategy and one that would land us on the NYSE pretty quick. There are a few technical things that would have occurred within the share exchange or a share swap that would have been helpful and necessary to be effective and to uplist us but getting into that here would just freak some of the less experienced out and I just dont want to deal with them right now. Too busy of a day ahead. The point is that it would have been a very good thing.
I have always said they were doing a merger but I didnt realize years ago that they were buying other companies. By my guess they have been planning this for at least two years, maybe more. It shows that the management is more savvy and forward thinking than we originally thought. It also shows that they are serious about long term plans which tells me they are not typical pink sheet company and are trying to build something real as well as be around for a long time.
What will happen next? I expect the company to announce the remaining acquisitions that were originally under UCIX. Ossifix technologies, Inc and H2O Processing, Inc - one is a water treatment company and the other is an amazing orthopedic company. We might even see acquisitions of companies we havnt heard anything about. Its anyone's guess with this company. They have been very busy and very quiet behind the scenes. Very secretive company (all government and military people in the company). They are affiliated with other companies so we might see them buy one of those as well. Clearly the CEO went on an acquisition spree and he has said he wants to grow though acquisitions. Looks like he wasnt kidding.
If I had to guess we will be getting a shareholder letter AFTER they are finished making their announcements about all the acquisitions so CEO can address what the company acquired and why in his letter to us. CEO has told several people here and on other posting sites (I am one of them) that the shareholder letter is done and was being reviewed by legal. That was a couple weeks ago. He typically releases letters in February so we are due anytime now if that is to be an indicator. My guess is that they are behind on the release of that letter for some reason, maybe something to do with storm in Texas because they have offices there (doubtful but a guess). Its anyone's guess when the letter will be released but we do know its ready to go and CEO said "soon" so I expect we will see it in a couple weeks which sort of implies we should see more announcements on the rest of their acquisitions over the next few weeks maybe even another one this week. This company has a history of saving up press and releasing it fast and hard.
I will also add that I think we will see other announcements that are more technical and IMO in our best interest, but that is for a future discussion. No need to get ahead of things and trigger the overlay flippers and send them into a redbull fueled rage in their moms basement binging Call of Duty and Halo. JK guys dont flip out on me. lol
I hope this helped.
AI
