Replies to post #1295 on Umbra Applied Technologies Group Inc (UATG)

[tchalla]

i agree after reading their latest filing. i also didn't realize that uatg hasn't submitted sec filings in 8 years. a lttle tricky. the first issue uatg holders have to worry about at this level is all the shares that are being held by retail. over 30 mil. that is a LOT when the stock is only doing a few million in volume now, because of the pps it's trading at now. so any hard selling will move it down very quickly. the next thing is that the company has no cash, so it has no way to fill any order for product should they get it. so, that will require raising capital. i also didn't realize that they are more in the "development" stage than revenue generating stage. didn't realize that either. so, until they flesh out their true trajectory and path to revenues, uatg investors should tread carefully. my two cents. great climb though. i anticipated this!