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LoveThemStocks

05/02/23 1:56 PM

#66740 RE: $Money Bags$ #66739

Yeah but still, the stock looks pretty healthy. I've seen many other subpenny stocks out there where the CEO paid him/herself out of the stock making it look pathetic. Not the case with UATG.

Mcol52

05/02/23 3:03 PM

#66741 RE: $Money Bags$ #66739

If you read the disclosures it looks like individuals invested and their common stock was converted to preferred which is not tradable or sellable. CEO must have convinced them to hold and locked them up into preferred which is why we don't see any conversions. Smart move. As for salaries, The only CEO I can see that is getting paid by revs is the dreaming company CEO from Hygieia. It's been known for a while that Alex and the others were financially sound and don't actually need the money. Alex funded most of the company himself which is why I think he's trust worthy and motivated to get paid back. I don't know about the others but I have spoken with Alex and he has said that the guys over at H2O and Ossifix have been very successful in the past on other ventures.