Replies to post #25932 on Umbra Applied Technologies Group Inc (UATG)

[~ Blue ~]

IMPRESSIVE CV OF CEO~ US NAVY, Military Intelligence, investor, CEO

Alexander L. Umbra, Chairman & Chief Executive Officer


Alexander L. Umbra serves as Chairman and CEO of Umbra Applied Technologies. For over five years
Mr. Umbra has been focused on research and development of a diverse product portfolio. His mission has been the development of cutting edge technologies in the defense and clean energy sector. Mr.
Umbra has an experienced understanding of the needs of both our military and intelligence services.
These technologies have been created through his expertise in strategic planning, a clearly defined corporate vision and the relentless pursuit to deliver highly efficient and reliable technologies to "the men
on the ground”. The corporate purpose is to work towards a safer and cleaner world.
As a veteran of the United States Navy and through his many years of experience, Mr. Umbra has gained an understanding of the technologies needed to exploit and defeat adversarial intelligence activities
directed against U.S. interests. The technologies he has been developing were designed to protect the integrity of the U.S. intelligence system; provide incisive, actionable intelligence to decision-makers at all
levels; protect vital national assets; and neutralize and exploit adversarial intelligence activities targeting
our armed forces and U.S. Interests.
In the private sector Mr. Umbra has proven to be the consummate entrepreneur, starting, managing, and
investing in companies across many sectors. The past five years Mr. Umbra has been primarily focused on the research and development of the CDIS platform and other corporate projects. As a businessman he understands the importance on human capital management, delivering quality products and services, while maintaining a focus on shareholder value. He has a proven mindset that bridges the gap between
projects and business operations that result in a highly effective company that achieves its defined
objectives.

[kickask]

Well, that is not accurate. THey are not written down at the time of acquiring the assets but written down as value is determined to be lower at a later date. The value at the time of the write down was approx $5MM. As THoth stated, the future value is now in the tax benefit of the write down. Think of Real Estate, if you buy a property for $35MM and it is now worth $5MM, you do not have $35MM in assets. I was just stating a fact and won't continue to debate as it is not a factor in the current co. situation.

[skichic]

Totally agree. About 3 months ago in a radio interview Alex spoke to the fact the assets were way understated and said he may restate them. He gave a reason why they were and it wasn't because they weren't worth what they paid. If I can find a link to the interview I will post it.