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

I know Alex must be disgusted because all these years he was called a moron, stupid, incompetent, thief, narcissist and even destroyed his name now all these people were right, Alex Umbra you are a failure, a piece of trash

I think the kicker here that regardless of the shady shit he has done, he doesn't want his legacy to be that he was a conman.  He used shareholder money for years and years to get by, it would be a slap in the face to longs and his biggest supporters to leave them penny less.  You talk like you enjoy him bilking investors of their investment, which is odd.  

When I spoke to him last week he did express his frustration with the OTC. He mentioned a lot of options. One was going private and giving share holders a % ownership, but I think that was mostly him thinking out loud. He is currently working with his attorneys to eliminate his liability for the time period before his team was involved with the company. None of the previous company owners can be found except one and that person is not being cooperative with UATG or the OTC. Alex said the OTC is taking their frustration out on Alex's team and UATG in general for that situation. At least that is how I understood what he told me.

Doesn't he own a bunch of shares? You would think he would care a little bit to get this off the expert market.

That's my assumption. If Alex is making money and can continue to grow, why bother doing anything? He can simply self fund and not worry about banks or investors. He's not a spring chicken anymore. Why bother with any of it? 

I just assume we are like every other otc that fails.

Money is lost for good

I actually contracted for one SFHDQ many years ago.  It actually got picked up and reverse merged.  Sadly the new owners eventually grew too fast, started using infinite stock when the housing market fell out lost liquidity, filed for bankruptcy, and got taken private 1 hr after that.  It was up big for a while.  Most are probably RM from caveat emptor though.  Could you imagine if he actually completes this task.  It would really bring investors because he actually completed something.  Maybe he's on a roll.  

Any examples that you can remember?

There have been very few stocks coming back from the expert market and most ran hard when they did.  Those with shares can only hope he pulls through so they don't have a total loss and instead have a chance at actually making their money back.  

"besides the OTC trouble"? Is that like a doctor saying "besides the stage 4 cancer everything is completely healthy"?
I guess we'll see eventually if they can get off the expert market

Good that he is responding, that's promising. 

Thank you, he said how many trailers on site?

I spoke to Alex briefly today. I don't have much to report besides Alex says that besides the OTC trouble everything is going well. They are working on the OTC issue and he sounded optimistic about that getting resolved soon.

Yes. I suggest others do the same. Hopefully Alex responds to someone.

Hm that doesn't sound good. Did you leave a message?

It is as it was.  His staunch supporters all stoich and constantly talking down to those who questioned him as he ripped off investors.  Kind of crazy really.  Gonna make a fascinating YouTube video when he goes completely into hiding.  He's pretty much there already.   

for 15 years, liar, hypocritical, narcissistic, incompetent, incapable of delivering something, always the fault of others, he even destroyed his own name, stole thousands of shareholders with lies, what a useless man in our society.

I can't believe Alex doesn't post something so people have a reason to PMC. OH I forgot they don't need a reason. Doesn't really matter though. I believe we're all proud owners of a dead ticker. At least I can always come here for a laugh. 

He's always walked the line, but I am surprised currently he sits as full on conman.  It's weird, I wonder what he does for money because other than the initial shares issued money had to be coming from somewhere.  

You would have thought alex would keep us informed whats going on


Looking like every other otc ticker that just dies off and nothing to bring it back

Like a said in january, a nother shit year down the drain with liar, incompetent ceo

A staggering $36 in trades today.  Alex has really bright that confidence to investors.  I guess he's hiding out now.  

I tried to reach him last week. No luck.

When was the last time anyone spoke to Alex? Curious if he is still responsive

Since his long investors are currently holding all but worthless stock at the hands of his leadership, it probably makes sense for him to give updates on X.  He always did scammy things, but I think even this is below him unless he is an actual scammer.  Better to give it a pulse of he is actually working on it.  

Curious for some insight into whats up

Lol. What good will that do? 

Anyone spoken to Alex recently?

That's the current status for sure.  I don't think anyone is holding their breath. 

I assume we are all screwed...

Yeah, the "expert" market is where stocks go to die.  I wonder if Alex is doing anything to try and resurrect the stock so all his loyal investors don't get the shaft.  There hasn't been any singing of praise since he failed everyone. 

Interesting. Apparently, no brokers allow buying of grey/expert stocks, which means there's virtually no liquidity. So gamble is still the same: Alex coming through with financials. He's proven himself to be pretty incompetent when it comes to this financial stuff, so it's definitely riskier. But it would be nice to be able to buy at these low prices. I'm very intrigued what ultimately happens with this company.

I tried on Fidelity and Schwab. No luck.

Has anyone been able to buy since they were booted to the grey market? Etrade used to allow buying but they don't seem to allow it anymore.

It's been the same for 12+ yrs.  A cash cow though.  If Alex tried as hard to make a proper business as he did trying make people believe, he could have had something amazing for investors.  

I'm glad I was selling at that time. Made some good money. Sucks to buy at the top but it's part of the gamble we make sometimes. 

Just another OTC scam.

Maybe, the only thing people can do now is relentlessly pester him to keep investors updated.  It would be a run for the books of he actually got it taken care of because right now he just looks like a crook. 

Maybe he didnt like them

It's nothing compared to the friends and family he originally had invested.  They are probably not a fan.  

Now its real million shares for a big Mac

0.0004-0.0005....0.0001 next

Id hope would give us weekly updates on whats going on

Others this is dead, alex really screwed over alot of people

Those buys a couple years back in the .01-.0488 range. They lost alot

So sad

For once I can agree with you on something, time will tell. 

Only 10M dumped ho well

UATG I HAVE BEEN SELLING IT OFF TO GET INTO AMC!!! AND I WAS RIGHT TO DO SO.

even if Alex does everything right, it will take at least a year to get out of this mess, if Alex wants but maybe everything was planned like that since his silence for 8 months

UATG??? WENT EXPERT MKT https://www.otcmarkets.com/stock/UATG/security BECAUSE IT IS A POS

Every sub penny Pink is a lotto.  Let's be honest here, Alex lied a lot and when he finally looked like he was gonna make good on a promise, this happens.  If Alex didn't care what people thought of him he would never field calls, but he does have that level of integrity.  I actually think he might try to make right all that he has wronged, but time will tell.  If not I expect a YouTube video detailing the whole ordeal to drop in the future.  :)

For me, this always was a lotto play. I don't expect it will ever again be traded. If Alex is truly making money now, then he won't care about the ticker. He can just fund whatever with cash. People have been attacking his character for years, so I doubt he cares what people think of him.