January 17, 2018 09:00 ET | Source: Umbra Applied Technologies Group, Inc. TAMPA, Fla., Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Umbra Applied Technologies, Inc. (OTC:UATG) Chairman is pleased to issue the following letter to shareholders today:
January 17, 2018
UATG Shareholders
Re: Umbra Applied Technologies Group, Inc. 2018 Chairman’s Letter (UATG:PK) Year 2018
Chairman's Letter
“UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences.”
Dear Fellow Shareholders,
First, I would like to wish everyone a prosperous New Year and I hope everyone enjoyed the holidays.
As the Chief Executive of a publicly traded company I am the fiduciary for all shareholders, many of whom have invested in UAT Group based on long-term goals such as retirement or to pay for a childs higher education. As such, I advocate and otherwise direct corporate governance practices that are in keeping with long-term value creation for our shareholders and clients. Last year I asked my executive team to help me outline a new strategic frame-work for long-term value creation that could be completed within the year. I am pleased to report that we have been successful in our execution and were so against significant odds.
Over the course of the past 12 months, many of the assumptions on which our plans were based, including low interest rates on capital and an expectation for continued globalization, have failed to sustain despite indicators to the contrary. With U.S. reflation, increasing rates, renewed growth, the increasing turbulence in Asia as a catalyst to geopolitical tensions, the prospective withdrawal of the United Kingdom from the European Union reshaping Europe and the United States undergoing a fundamental reformation of long held fiscal strategies; the economic environment has been and remains quite volatile. This does not mean that this company or the market at large is expected to be impacted negatively but it is a factor when crafting a long-term execution strategy.
Arguably the most important role textiles played in the Industrial Revolution were that they were one of the main items churned out in the factories, since they lent themselves to this type of production and were in high demand.
Significance. The barbarian kingdoms marked the transition from Late Antiquity to the Early Middle Ages in the 6th and 7th centuries, gradually replacing the Roman system of government on the lands of the Western Roman Empire, notably in the two western prefectures of Gaul and Italy.
Human autonomy is the key concept of Enlightenment ideas. This passage relates to those ideas because Napoleon is refering to the importance of reason over beliefs. When he says "the souls of men proceed along different roads" he is also claiming that any religion is valid to feel close to the creator. In a sense Napoleon makes reference to secularization (the idea of religion and politics should be separated and that one's method of worship should be a private matter). That is why he claims that he could be Catholic, Muslim, or Jew.
HOW FARMERS<span> ARE AFFECTED BY </span>TRANSPORTATION<span> ... seaports grew in population and wealth, with an attendant </span>increase<span> in .... of </span>transportation<span>. This </span>does<span> not mean ..... horizontal percentage </span>advances<span>, such as the one proposed in the.</span>
