Replies to post #64069 on Umbra Applied Technologies Group Inc (UATG)

[Bobbar]

R/S dont favor the shareholder

Buybacks do, it increases shareholder confidence and that is what UATG needs right now.

If we do an R/S than another issuance of shares in the otc that will just be called diluting the stock and the pps will drop.


Even a buyback of 5-10% of the AS would be huge. And those shares are out of the market and the float tightens up.

Take some of that hygieia money reinvest it into a buyback and we will be sitting above .02 easily and confidence will be back.


But as mcol says he wont and we just sit here subpenny waiting on our hands