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.
The Columbian Exchange was when the old world (Europe) trade with the new world (America) items. for example: Old World had horses. So if Europe never came to America... we wouldn't have them. Or new world had tomatoes. If Europe didn't have tomatoes... We wouldn't have pizza or delicious Italian goods.
The correct answer is letter B.
Explanation: The arrival of the Genoese navigator in America provides natives of the New Continent or contact with a plethora of microorganisms that were not known to them. The most striking example was a variable, which was nonexistent on the American continent and was brought with Europeans. The result was the extermination of the American population through disease rather than wars. Ignorance of the causes of diseases caused by indigenous people does not isolate patients, thus avoiding the contagion of other inhabitants of a village. Since they did not know that microorganisms were also transmitted by air, when a village was infected, a disease spread, leading some of the inhabitants to seek refuge in another village, spreading as diseases and as deaths.
Military leaders condemned political and business corruption and Western influence.
Also... 1.B - 2.A - 3.B - 4.D - 5.C - 6.BC - 7.C - 8.B - 9.D - 10.B
