Try to market the Ridgid tech for sale to another company that can produce it. Sell it for a discounted cost (say $5-6 mil when purchase price was $7mil) with a retainer that UATG still will have some form of ownership in the tech say 10-15% that will be owed on a continuing basis from sales. This gives us immediate cash with hopefully revenue without having to actively manage and produce the product.
This will give us 5-6mil cash with current SS a price of .015-.02. Use some of that money to buy back shares to reduce the float and tighten the trading. Reduce the OS to lower market value. Reduce the float down to 150mil or so.
The buy back will likely get us into the .03-.04 range. Get decent revenues off of Hygieia and maybe use some of the funds for some advertisement at sporting events and at sporting supply stores. List Hygieia on Amazon.
Any decent sales numbers combined with the above will get us to .04-.07 range depending on #s.
.07 will give us a market value of $25mil with current OS. It will give us a market value of $12.5mil with a reduction in outstanding shares to 180million.
Assume we have a market value 5 times greater than cash and revenues that market value would be $48 million with a share price of .28 with say a $5mil cash reserve and 2-3 million in sales a year from Hygieia lines.
Gordo....I respect that Alex ight want to keep control and not sell off any divisions either and that his kids will rub things one day. But I JUST WANT TO MAKE MONEY!!!! lol Simple as that
If I were Alex I might share his feelings. As an investor I wanna make 500k - 1mil or at least 300K ANyway he can do it for me. (and to a lesser extent, the other stock holders...lol)
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