Umbra Applied Technologies Group Inc (PK) (UATG) Quote

It will be sad if Alex shows no revenue this quarter as it will mean in over 10 years he hasn't accomplished anything. What a legacy he has created.

I think we are all tired of the BS.

Hopefully he shows revs this q and gets current


No reason uatg shouldnt

I agree with you. I suspect his plan is to do both things. Still rent the devices and also develop his new strategy. I should have asked about that. To tell the truth I was just glad he called me back.

everything for it not to work probably he has no funding, pathetic

Seems like a horrible plan.

Fill these contracts and in a couple years when the company if profitable than do that.

Seems like a huge upfront cost.


Worries me

Nothing on otc current?

I had a short talk with Alex yesterday. He reiterated that he isn't going to give updates like he was. The only things worth mentioning here was that he says things are going well with the oil filtering and he is looking at buying oil directly, filtering and then reselling. He is looking at whether that would be a better option and if so he plans on seeking additional financing to make it happen. Don't quote me on that because I am probably getting something wrong. I know that isn't much, but I thought I would share it anyway.

It wouldnt be CE
just not pink.

Plenty of stocks that arent pink

Uatg wasnt pink for many years

Next filing, stupid swipe.

If he doesn't post the next following it will risk ce.

Has anyone talked to him lately. His lawyer must have really put it on him for him to be quiet this long, especially with the "oil processing."

One more question.
In the worst case scenario, if the attorney letter is not posted, is there a risk of going to CE status??
Or Attorney letter is not as significant of a missing ER and they can remain with Yield sign until resolved?

Only Alex knows... he wont talk it seems


I didnt see other companies working with BF having the same issues

So who knows

That is not good. An attorney letter should be like a rubber stamp. Not too complicated.

I wonder if the auditor, BF Borges, that has been barred from securities has something to do with this delay. Perhaps BF reported something that was not true and UATG has to find a way to rectify some misleading info.

More and more smell like a stupid scam with scammer ceo for 14 years

No attorney letter...

Alex refuses to answer why one hasnt been posted for 2023


Many people have asked and no response

Why does UATG have a yield sign if they are not late with Q2 filing?
Problem with Q1 ER?

What an embarrassing post for you. I said it was going to .002s. Maybe .001s. We are 10k shares away from it. Congrats, you’re just as smart as ever.

Technically you said it would be in trips months ago, but surprising to many it's held a little. Most people here if it goes to no bid they'll only make a lot of money rather than a ton of money.

New lows coming in hot! And yall said it was going to .01 😂 I was right. You were wrong. All yall.

Another year down the drain

He's not in that kind of trouble. Most likely his lawyer told him to shut it with the lies and then he had nothing to talk about. Investors here can only hope there was some truth to anything he said.

Hopefully not on a cold slab somewhere.

probably in his basement, talking to mcol

#where'sAlex

we wait for Q2, if Alex gives us an income or he will tell us superb b.s as always

Going no better or worse than a month ago. Things here simply aren't going at all. Kind of crazy it's holding up despite Alex going into hiding.

I see things are going well here lololol

https://www.otcmarkets.com/stock/UATG/overview

Everything is there. The conversions have happened over the last few years. Investors wouldn't know because he never said anything about it publicly. He was too busy talking about cream revenue and ossifix revenue that would eventually both vanish and get taken away.

Mcol, Do you wanna answer this?
Personally I couldn't even find these filings lol. How do you find these? I checked OTC website.

Just read the filings, everything is there over the last few years. This is just an example. Plus, with the subsidiaries gone, shouldn't the preferred shares associated go with them.

These are just 2 of dozens. Do you think it is just coincidence?? Mcol? Please tell us.

7-Jan-19 Cancelled/
Exchange (3,500,000) Common n/a n/a Kurk and Betty
Moss
Exchange for
Preferred
Series C
Unrestricted Exemption
7-Jan-19 New
Issue/Exchange 350,000 Preferred
Series C n/a n/a Kurk and Betty
Moss
Exchange from
Common to
Preferred
Series C
Unrestricted Exemption
7-Jan-19 Cancelled/
exchange (218,982) Common n/a n/a Thomas L.
Baldassare
Exchange for
Preferred
Series C
Unrestricted Exemption
7-Jan-19 New Issue/
Exchange 21,898 Preferred
Series C n/a n/a Thomas L.
Baldassare
Exchange from
Common to
Preferred
Series C
Unrestric

Correct if I am wrong,
I thought you can create preferred shares from thin air and it is just a way to either get some institutional funding or a way to own the company assets for founders. And "convertibility" is a just an added feature. And when they exercise that feature total number common shares should go up.

What you are saying is, when they create these preferred shares, they are converting existing common shares to preferred means, total number of common shares should go down. I don't think they can do it, since the common shares should be owned by other parties and they have to buy back first to convert.

We all know after 14 years the guy is a big l.......

I want to be wrong, he just gives no reason to believe him. Especially now.

The reason why some times he juste dumps tons of news and updates

Preferred A: 20.000,000
Preferred B: 10,089,586
Preferred C: 18,178,922

Preferred A
50:1 voting
15,000,000

Preferred B
20:1 conversion
10,089,586
=201,791,720

Preferred C
10:1 conversion
18,178,922
=181,788,220

Here's you a quick lesson about the shares he converted to preferred. Usually when they do that it is to get the common shares off the float in pink sheet world. Why would he go through all the effort and expense to convert them to preferred, just to leave them in float? I find it odd around the times those shares converted the stock got beat up. Technically he's supposed to keep the AS high enough to convert, but he's been doing shady shit for years, so what's one more thing.

This is the current share values from OTC website. In your opinion which value would change, when they convert preferred to common shares? And which values wont change?

Authorized Shares?
Outstanding Shares?
Restricted?
Unrestricted?
Held at DTC?
Float?

Genuinely trying to understand the logic. And let me know if you have any resource to learn these terms in depth. Thank you

Could you show any filings that shows any difference in share numbers?

You know mcol Alex is jesus for him ,cant do no wrong

See my response.

So it's your opinion that all the common shares that got exchanged for preferred shares are tucked away and not in the float right? Read the filing, talk to the TA, those shares would be restricted. They are not. Do you think a company that can mysteriously un-revenue a whole division is above board?

Make sense. Helpex/Litar, Do you have anything to counter or prove what you quoted yesterday?

Money bags already told you...

"Don't forget, he was diluting the last few years by turning the common shares that were restricted into preferred shares. If you look at the filings they slowly peeled off. His runway is short."

Bingo.

We should see some revs

Have you spoken to him recently?

Any insight?

No shares were sold and nothing has been converted in years. A public company can't even sell its on shares in the market or even have management sell them. It's not only not allowed without a filing there is no way for them to even do it without a filing and approval. Read the filings. LOL There has been no dilution .he real problem is where are the revs? We continue to wait.

it seems that the market does not believe Akex and is great technology and its 50 million in contracts signed, my toilet paper has more value

Ho well just hit 52w low , scrumba garbage ,

He didn’t sell hygieia. He just turned that over to his side kick Blake

I am pretty much newbie to understand the difference between preferred and restricted. I will dig deeper. Thanks

Money bags already told you...

"Don't forget, he was diluting the last few years by turning the common shares that were restricted into preferred shares. If you look at the filings they slowly peeled off. His runway is short."

I know, dude. That's what I meant.

Now could you answer why Alex is a crook and he is just playing the system, and no revenue is going to come out of H2O? How will he finally make money out of all this?
He sold every other subsidiary and is focusing on H2O. Now it is like, look, either H2O will take off or UATG will be burned to the ground. I can think of him making money if H2O becomes a success. That is what I am betting on.
But you, Dogs, and a few others think it is never going to happen, and he is playing the retail investors. But I am not getting how and what his playbook is? How will he make any money by faking this whole IRS system?

I am genuinely curious to learn and ready to switch sides if I am convinced. I am not that stubborn... lol... just need some convincing arguments.
I am not interested in past incidents; just tell me how he will make money now