Replies to post #18008 on Umbra Applied Technologies Group Inc (UATG)

[Vilone]

that money is being used for acquisition, if you read the report there is statements about acquiring vested interests. Keep in mind they are a holding company and that's what they do.

[Joecanada13]

That's what I've been saying buddy!It's sneaky but deadly smart down here! Especially if you have a lot of upcoming catalysts.

Clear debt. Acquisition. And share buyback all in one.

3 birds stoned at once.

[allenc]

Exactly my thoughts. I listened to one of several of the CEO's interviews and I remember him saying he was in discussions with doing something very interesting with the SS / security details in the future. That interview was conducted last fall, It did not involve a RS of the stock, he did make that clear.