United Communications Partners Inc (UCPA)

[naturalborninvestor]

The financials aren't too bad actually.

Positives
- Improved margins
- Significant decrease in GSA expenses
- positive cash flow from operations
- Danish operations


Yet, every Dollar they generate in revenues is valued by the market at just 2.5 cent or at a discount of 97.5%. Judging by the lack of investor relations, that seems to be OK for management.


Also, going by this disclosure statement, there was no buyback of shares from Barncat from either the company or company insiders.

Note 18 - Subsequent Events
Management has evaluated subsequent events to determine if events or transactions occurring through March 31, 2016, the date these financial statements were available to be issued, require potential adjustments to or disclosure in the consolidated financial statements and has concluded that no subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements