Umbra Applied Technologies Group Inc (UATG)

[Mcol52]

Todays PR: Iron removal 3,500 bbls/day x $5BBL (best guess) = $17,500/day x 30 =$525k/month x 12 = $6.3M/yr. Water treating: 12,000 bbls/day at just $1 is $12k/day or $360k/month = $4.3M/yr. Todays pr is basically announcing over $10M in revs with more announcements of contracts coming! Something tells me they already have them because they always announce prs in batches. They probably already have the contracts and announcements set to go. Thats what they are hitting us with this month. Thats why they thought they are going to have high revs.