More puffery from this obvious scam.
I wish the Canadian mafiosi behind UAMM would vary their routine of latching on to the latest IT craze. It gets boring after a decade or two.
$UAMM: [Twitter] In 2022, the global telehealth market was worth $128.12 billion, and it is forecasted to reach $504.24 billion by 2030, a compound annual growth rate (CAGR) of 19.7%.
In 2021, the U.S. telehealth market value was $23.8 billion, and it is anticipated to surge to $309.9 billion by 2030, a CAGR of 45.1%.
Through our partnership, we’re offering a smart solution to address this healthcare market which will improve efficiency, reduce costs, and provide higher quality of care to patients.
In 2022, the global telehealth market was worth $128.12 billion, and it is forecasted to reach $504.24 billion by 2030, a compound annual growth rate (CAGR) of 19.7%.— UA Multimedia (@UAMultimedia) October 25, 2023
In 2021, the U.S. telehealth market value was $23.8 billion, and it is anticipated to surge to $309.9 billion by…
$UAMM: [Press] UA Multimedia Provides Business Update and Upcoming Initiatives
IRVINE, CA, October 18, 2023 – UA Multimedia, Inc. (OTC: UAMM), a technology solution provider specializing in cybersecurity, artificial intelligence (AI) and information technology outsourcing, is pleased to present a business update highlighting recent developments and the upcoming initiatives for the near term.
Since acquiring a 12% stake in Pascal Software in Q2, Pascal has entered into a number of service contracts totaling $3.5 million in annual recurring revenue with various customers across Asia.
Pascal’s current focus is on the logistics and financial industries, where it leverages machine learning, knowledge graphs, and natural language processing to address complex problems, drive growth, and enhance operational efficiency.
Pascal has also recently initiated a proof-of-concept project with the March of Dimes. Depending on the outcome, this could lead to a third vertical for the company: AI for healthcare.
UA is actively cultivating relationships with leading technology firms or potential acquisition candidates in Vietnam. Recently, the Company finalized a partnership agreement with SKG Technology Joint Stock Company, with offices in Ho Chi Minh City and Tokyo. This collaboration empowers UA to tap into SKG’s extensive software development expertise, bolstering UA’s pursuit of opportunities in the U.S.
The Company is also actively forging partnerships with other local technology firms to provide AI-related solutions and general software development outsourcing services. UA is presently collaborating with a partner to secure bids for AI solutions in the healthcare and energy sectors.
AI for Healthcare
For the remaining of Q4, the Company is evaluating an AI-enabled telehealth platform where patients can consult with a bot on various health matters, receive remote monitoring, and have their data tracked and flagged for attention using a machine learning algorithm. If the initial test site yields favorable results, UA will consider offering the solution to medical clinics nationwide.
UA Product Development
The Company is actively exploring the development of innovative applications that harness OpenAI’s multimodal capabilities. These groundbreaking applications will enable UA to seamlessly integrate and analyze a wide range of data types, including text, images, and more. By leveraging OpenAI’s advanced AI technology, the Company aim to create a new generation of products and services that provide enhanced functionality and improved user experiences.
UA’s ongoing efforts will continue to focus on expanding its customer base within the U.S., with a strategic emphasis on data analytics and AI projects. Additionally, the Company is actively exploring potential acquisition candidates that offer synergies to expand beyond its current technology focus. Management is in various phases of discussion and due diligence and will provide more information as the transactions become more mature.
“We are pleased with the return from our minority stake in Pascal so far, based on the company’s growth,” commented Huan Nguyen, Chief Executive Officer. “We are excited about the future potential of our first minor acquisition, as well as our current endeavors in information technology, and we anticipate further expansion through larger acquisitions,” added Nguyen.
About UA Multimedia, Inc.
UA Multimedia, Inc. is a technology solution provider that specializes in cybersecurity, artificial intelligence, and IT outsourcing. It also operates as a holding company, actively pursuing the acquisition of domestic and foreign entities within the same sector.
Corporate Website: https://www.uammedia.com
About Pascal Studio:
Pascal develops and manages a range of data management and software solutions for customers globally. With teams based across Vietnam, Singapore, and India, the company’s core strengths lie in graph database technologies, applied artificial intelligence and machine learning. Pascal has established a reputation for providing practical solutions that transform complex, underutilized datasets into actionable insights for its clients.
Corporate Website: https://pascal.studio
About SKG Technology JSC
Based in Vietnam, SKG is a technology company that specializes in providing a wide range of software development services. Its offerings encompass product development, software development, research and development, outsourcing, quality assurance testing, and maintenance. The company serves various industries, including finance, healthcare, education, information security, and the Internet of Things.
Corporate Website: https://skg.com.vn/
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended, and section 21e of the Securities and Exchange Act of 1934, as amended. These statements reflect the intent, belief, or current expectations of the Company and its management team. However, prospective investors should be aware that not all anticipated events or results may occur. The actual results may differ materially from those projected in the forward-looking statements due to various factors. Accomplishing the described strategy is significantly dependent upon numerous factors, many of which are beyond management’s control. UA Multimedia, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.
UA Multimedia, Inc.
SOURCE: UA Multimedia, Inc.
$UAMM: [Twitter] We would like to introduce our new business and technical partner, SKG Technology JSC. SKG has been a major technical solution provider for the Southeast Asia and Japan regions. Additional information about SKG and other business matters will be provided in our upcoming business update. Please stay tuned. $UAMM
We would like to introduce our new business and technical partner, SKG Technology JSC. SKG has been a major technical solution provider for the Southeast Asia and Japan regions. Additional information about SKG and other business matters will be provided in our upcoming business…— UA Multimedia (@UAMultimedia) October 6, 2023
$UAMM: [Twitter] We have been diligently working on business development and forming partnerships. Large projects have long sale cycles so your patience is greatly appreciated. We have a number of interesting developments in the work and looking forward to sharing info about them soon. We will also start providing periodic updates via newsletters so please stayed tuned. $UAMM
We have been diligently working on business development and forming partnerships. Large projects have long sale cycles so your patience is greatly appreciated. We have a number of interesting developments in the work and looking forward to sharing info about them soon. We will…— UA Multimedia (@UAMultimedia) September 19, 2023
That does make me feel better. Thank you. Anything I can do to help my fellow man is what I always say
You can kiss your money goodbye.
If it’s any consolation you helped finance the lifestyle of Canadian mobsters, and I am sure they are very grateful.
Ask Vic, their tame shyster.
That's about the price I took my first position too. I still feel good about it. Comparing the company to others in the sector, given the share structure, they should be valued dramatically above your buy-in anyway. I don't think it will be very long now before things finally take off.
I'm really sorry to hear that you've had the type of experience with this stock like you've had. I'm personally very thankful that I got in well after much of the drama of the past has shaken out. If you still hold a position, I hope that your investment ultimately becomes worth all of the stress that you've had to endure. 💕
Keith Nguyen is Vietnamese, so is their new CEO. I don't know how much that really matters, but I haven't spoken to any Canadians.
I suppose if you have concerns about the authenticity of their messages, you could email, call, or message them like I've been doing. If you have questions, ask.
$UAMM: [Twitter] We're starting a proof of value project with a large NGO, potentially opening doors to a substantial AI business related to the healthcare industry. This would be an expansion alongside our existing logistics and financial verticals. $UAMM
We're starting a proof of value project with a large NGO, potentially opening doors to a substantial AI business related to the healthcare industry. This would be an expansion alongside our existing logistics and financial verticals. $UAMM— UA Multimedia (@UAMultimedia) August 24, 2023
"Let's get ready to rumble."
$UAMM: [Twitter] Our minority owned affiliate, Pascal Software, had secured a number of projects in the Asia Pacific and Japan region worth several million dollars. Stay tuned for more info. $UAMM
Our minority owned affiliate, Pascal Software, had secured a number of projects in the Asia Pacific and Japan region worth several million dollars. Stay tuned for more info. $UAMM— UA Multimedia (@UAMultimedia) August 23, 2023
Back to BUY. 🚀
If that were true, the company would have been shut down a long time ago.
Yeah, discouraging. The trading volume is so low right now. Spoke with Keith last week and they're working out ways to get new eyes on what the company is doing. The only people paying attention right now are those who are already invested and waiting.
Back to SELL on the barchart.
More bull crap news
$UAMM: [Article] AI and Data Science
We guide businesses through the complexity of AI and Data Science technologies, helping them understand, adopt, and leverage these powerful tools to drive operational efficiencies and business growth. $UAMM
Find out more
$UAMM: [Twitter] Through our minority owned associate, Pascal Studio, we're helping financial institutions safeguard their assets by detecting fraud with machine learning algorithms. $UAMM #AI #AML
Thank you so much for the clarification. I think perhaps I was too enthusiastic in trying to pin the company's weird history on just one person. The sways in direction make more sense understanding the successive transition in leadership you've pointed out.
Michael Lajtay didn't come into the ring until 2017. Sully Jacques was the CEO in 2012. Then Thu Pham took the seat as interim CEO in 2015. Then it was shortly held by Lou Klein in 2017 who failed miserably then handed over to Lajtay. I think I might have missed one. I appreciate the DD effort, but I'm sure there's still some old shareholders here that would remember.
$UAMM UA Multimedia - Sharing some information to clarify what’s happening at UA Multimedia. Since establishing the symbol $UAMM in 2012, the company has been led by interim CEO Michael Lajtay of Jugular Inc. (a fitness drink company), with business and financial advisory from Advenpeak, LLC.
Over the last 10 years, $UAMM has struggled to find direction under Lajtay’s leadership, sampling industries from film production to cannabis to technology incubation and NFTs. This pattern is well-known for a certain type of CEO who is more interested in using securities to bail out misdirected operations than to grow a successful business, and in my opinion is to blame for the company’s reputation.
This reputation though belongs to Michael Lajtay, not UA Multimedia.
Over the last year, Advenpeak has been working very hard to establish a coherent identity and direction for the company. In May, Michael Lajtay stepped down and was replaced by Huan Nguyen, an experienced engineer and decorated US Navy rear admiral.
His career is beyond impressive.
Preparing a proposal for an acquisition that will take us to a whole different level. It will not happen overnight so your patience is greatly appreciated. Efforts to grow our IT and AI business are on-going. $UAMM— UA Multimedia (@UAMultimedia) July 25, 2023
US Navy Man...Let's see what he can do.
They sound serious this time. Soon are later we will fly.
$UAMM now a BUY on Barchart. 🚀