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Replies to post #41458 on Umbra Applied Technologies Group Inc (UATG)

Replies to #41458 on Umbra Applied Technologies Group Inc (UATG)
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Cat

04/19/19 4:53 AM

#41462 RE: corners13 #41458

Yep that filter was ChaseDown. As fake as all the other technology pumped by UATG and co. Umbra was highly involved in the ChaseDown scam:

Umbra Applied Technologies Group Debuts ChaseDown With Sales



Direct quotes from Alex Umbra:

"ChaseDown is successful in eliminating issues associated with paraffin and other wellbore asphaltene issues. The sales of ChaseDown, at its launch, are a milestone for our company. It shows the shift from a research and development phase to a sales driven posture. ChaseDown is poised to be the industry's most complete environmentally friendly product of paraffin and asphaltene control systems. We believe ChaseDown has the potential to be an industry leader in the Enhanced Oil Recovery (EOR) market. According to Transparency Market Research, the sector will grow to $516.7 billion by 2023, up from $38.1 billion in 2012. The compound annual growth rate for the sector is 26.7%. We are excited about our future."



Thank god for that little Safe Harbor disclosure after pink sheet scam PRs...but why should we believe Umbra has changed since then?
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Cat

04/19/19 4:57 AM

#41463 RE: corners13 #41458

The official answer to that question is that manufacturers want to lower the quality of Hygieia used in their products, and UATG won't accept lowering the quality.

The likely real answer? No manufacturers want to work with UATG for Hygieia because it's vaporware.
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Mcol52

04/19/19 4:37 PM

#41487 RE: corners13 #41458

Herman and Winters have nothing to do with UATG and the stuff they did in KS was under Intrepid which Umbra dumped and fired them from what I have found. The wind turbine in KS was a hunk of plastic made by someone else for Intrepid. Why in hell would Intrepid compete with its sister company I have no idea. I have asked the CEO about this and the two guys behind everything out there and he was legally not allowed to comment on anything related to them or Intrepid. Tells me a lot about what happened and what he thinks of them. No wonder he removed them. Those two guys really did a job on a few people out there from what I was told by people who looked into it