Replies to post #23107 on Umbra Applied Technologies Group Inc (UATG)

[Gordo56]

I agree but would also add that the new company buying UATG will probably pay a premium as is typical of these types of deals. So maybe they pay half a penny instead of 0.002. Thats a gain. A small one but a gain none the less. I would also say that the conversion is probably going to be more like 100:1 but we cant know for certain until we see the pps of he new company. Either way we win by now owning a stock of a NYSE company with funding to grow and increase its pps.

If I am proven right I will buy more stock after the merger regardless of pps because at that point you are all but guaranteed to see an increase od the pps (after an initial dip I am sure do to the flippers.penny folks dumping).