Umbra Applied Technologies Group Inc (UATG)

[Mcol52]

Qs look good. I see they accrued their fins. Looks like they did over $220K month and cleared over $1.5M to date. They are heavily reinvesting revs into company with 3 quarter million $ in inventory. Also, I see they tied their acquisition payments to performance as well as paid partially in equity which is actually brilliant. A good way to guarantee performance by their subsidiaries and tie their success to parent company success. I like the GAAP accounting used to report at a loss to hold on to more cash for reinvestment. These guys are smart. Evaluation and guidance is outstanding and to have their projections in an official pubic disclosure shows just how confidant they are in their future revs. It also looks like management is taking most of their salaries in the form of stock which really makes me happy. Shows how confident they are in what future performance will be and ties their salaries directly to their performance so if the company doesnt do well then they dont do well. They are doing things right. Great start! Starting to look like a real NYSE company!