Replies to post #23922 on Umbra Applied Technologies Group Inc (UATG)

[helpx]

Matter of time to see millions in incomes

[DD-214]

ROTFLMAO, absolutely huge with $6k in cash and no inventory..

UATG

[Danorocket]

Nice! Will read through it tonight. UATG

[Joecanada13]

Ya that is actually pretty amazing!! Very happy about that, tide is finally turning here!!

[Gordo56]

You are exactly correct. The man decreased debt and increased revenue. This is what we want

[DD-214]

Wrong, you compared the 1st Q 2018 loss to all of 2017, the REAL reduction in loss for SAME period last year was $50k not $700k..

It’s also interesting while they had no revenue for this period last year, there is a line for “cost of goods sold” and this year with $100k in gross revenue they omitted the cost of goods line, as I said before we can expect multiple amendments..

When a tangible product is sold there has to be a material cost related to that product, in other words, cost of goods sold.. this is not discretionary, it is a necessity..



UATG