Watching UAMA is like a demolition derby. One wreck after another.

No revenues, assets at risk, no significant cash! Read the bankruptcy proceedings to see how the once highly touted Investel portfolio of operating companies has been decimated. Revenues gone, employee base gone, customers and most assets sold to pay creditors. Meanwhile Investel itself now in Receivership with all assets in hands of Receiver to satisfy security agreements.

No announcement of required financing re going concern. There is a strong likelihood that financials are too ugly to print. Management likely waiting in hopes of raising capital, which is unlikely given the CEO's criminal record. Quote from Consolidated Financials issued July 23, 2018 covering 2016 & 2017 follows:
"Going Concern Consideration
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 21 to the consolidated financial statements, the Company has sustained significant operating losses and needs to obtain additional financing to continue the services they provide. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ KBL, LLP
We have served as the Company’s auditor since 2017.
KBL, LLP
New York, NY
July 23, 2018"

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

UAMA in violation of 17 CFR 229.401 - (Item 401) Directors, executive officers, promoters and control persons.
(f)Involvement in certain legal proceedings. Describe any of the following events that occurred during the past ten years and that are material to an evaluation of the ability or integrity of any director, person nominated to become a director or executive officer of the registrant:
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

Meet the UAMA CEO!!!
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

Look for Multefire and seamless roaming to eclipse iPCS. Massive small cell deployments by carriers underway making iPCS irrelevant.

TNW Wireless network INOP in violation ISED Conditions of Licence. Not a bona fides wireless cellular carrier as no licences in their name. Licence ownership in hands of Receiver to satisfy security agreement with Bond Capital. Read the Receivership court proceedings for details.

Going Concern cautionary statement by auditor very appropriate at YE end of 2017. Six months later, hearing of no new financing said to be required by same auditor, there is a strong likelihood that financials are too ugly to print. Management likely waiting in hopes of raising capital, which is unlikely given the CEO's criminal record. Quote from Consolidated Financials issued July 23, 2018 covering 2016 & 2017 follows:
"Going Concern Consideration
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 21 to the consolidated financial statements, the Company has sustained significant operating losses and needs to obtain additional financing to continue the services they provide. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ KBL, LLP
We have served as the Company’s auditor since 2017.
KBL, LLP
New York, NY
July 23, 2018"

I'm an aggrieved party to a breached agreement....So what goes around comes around. Karma is a bitch. Benoit Laliberte did not fully understand my background or wealth of contacts both in industry and government, when he decided to add me to his list of victims. I will not rest until I see justice served.

"YOU CAN"T HANDLE THE TRUTH", line from movie, titled, A Few Good Men. So appropriate for other posters on this board, who are blind followers of this fraudulent CEO.

Meet UAMA CEO and management team!!!
They have never built a business of lasting value.

Meet the CEO!!!
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

17 CFR 229.401 - (Item 401) Directors, executive officers, promoters and control persons.
(f)Involvement in certain legal proceedings. Describe any of the following events that occurred during the past ten years and that are material to an evaluation of the ability or integrity of any director, person nominated to become a director or executive officer of the registrant:
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

I am biased towards justice, always have been. The thought of a criminal masquerading as a decent businessman is appalling. Read the court records of the CCAA Proceedings, learn about the many contracts and agreements that Benoit Laliberte breached, read the lies, often contradicting his very own prior court testimony. Read the court record of the Receivership and look at the judges remarks. Like the judges I can't live with it. As many friends and contacts were negatively impacted by this criminal and lost money trying to help him build his business, I will not stop until I see him stopped, in jail and paying his debt to society. Don't believe me, read, read and re-read the record. Learn what a fraud this individual is. I've been in court five times and won every time. Benoit has met his match and I have the contacts to see him brought to justice in the USA.

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

Benoit Laliberte, criminal, appointed and acted as UAMA CEO within 10 years of his conviction on 41 counts of stock fraud and market manipulation. (See below for details of his convictions). Where is evidence that UAMA ever divulged to SEC his criminal background? Where is an SEC Waiver to permit him to serve in this position.
17 CFR 229.401 - (Item 401) Directors, executive officers, promoters and control persons.
(f)Involvement in certain legal proceedings. Describe any of the following events that occurred during the past ten years and that are material to an evaluation of the ability or integrity of any director, person nominated to become a director or executive officer of the registrant:
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

17 CFR 229.401 - (Item 401) Directors, executive officers, promoters and control persons.
(f)Involvement in certain legal proceedings. Describe any of the following events that occurred during the past ten years and that are material to an evaluation of the ability or integrity of any director, person nominated to become a director or executive officer of the registrant:
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

UAMA is a very troubled enterprise. No Revenue, $5.22M accumulated deficit, very little cash, all key assets now in hands of Receiver as a result of Receivership of Investel Capital Corp., TNW Wireless network down and inoperative in violation of ISED Conditions of Licence. Auditor says the business needs to raise capital to maintain services. That is unlikely since CEO is a criminal with a record. As to the Consolidated Financials for 2016 and 2017 see link:
https://backend.otcmarkets.com/otcapi/company/financial-report/197950/content
As to the UAMA CEO
UAMA CEO a criminal. Documentary evidence!
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

Going Concern Warning!!! Caveat Emptor.
From the recently released Consolidated Financials to YE 2017. Likely even worse now given no news on any news on additional financing.
"Going Concern Consideration
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 21 to the consolidated financial statements, the Company has sustained significant operating losses and needs to obtain additional financing to continue the services they provide. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ KBL, LLP
We have served as the Company’s auditor since 2017.
KBL, LLP
New York, NY
July 23, 2018"

UAMA CEO a criminal. Documentary evidence!
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

UAMA CEO never built enterprise of lasting value.
According to Globe & Mail and Canadian Press (CP):
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

Where are Q1 and Q2 financials? Going Concern cautionary statement by auditor was very appropriate at YE end of 2017. Six months later, hearing of no new financing said to be required by same auditor, there is a strong likelihood that financials are too ugly to print. Management likely waiting in hopes of raising capital, which is unlikely given the CEO's criminal record. Quote from Consolidated Financials issued July 23, 2018 covering 2016 & 2017 follows:
"Going Concern Consideration
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 21 to the consolidated financial statements, the Company has sustained significant operating losses and needs to obtain additional financing to continue the services they provide. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ KBL, LLP
We have served as the Company’s auditor since 2017.
KBL, LLP
New York, NY
July 23, 2018"

Show me a White Paper that explains the full integrity of the whole structure and the math to support the well known and feared snow loading in Southern Quebec.

Potential snow load risk. Any proof that as built "domes" have survived legendary Quebec winters?

Wonder if "domes" can survive Quebec snow loads?

All assets of Investel Capital in Receivers hands. Includes Patents, IP and Licences.

TNW Wireless cellular network down in violation of ISED Conditions of Licence.

Going Concern Warning!!!
From the recently released Consolidated Financials to YE 2017.
"Going Concern Consideration
The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 21 to the consolidated financial statements, the Company has sustained significant operating losses and needs to obtain additional financing to continue the services they provide. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
/s/ KBL, LLP
We have served as the Company’s auditor since 2017.
KBL, LLP
New York, NY
July 23, 2018"

Lot's of risk here, No revenues, little to no cash, accumulated deficit of $5.22M, all assets (Patents, IP and Licences in hands of Receiver, TNW Wireless network off-the-air, subsidiaries still in bankruptcy proceedings and Investel Capital Corp. the highly touted patent company is in Receivership. No Q1 or Q2 financials. Auditor was correct to include "going concern" warning and statement that UAMA needs financing. Oh, and almost forgot, CEO is a barrier to financing per Globe & Mail and Canadian Press (CP):
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

UAMA CEO never built enterprise of lasting value.
According to Globe & Mail and Canadian Press (CP):
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.

Where are the Q1 and Q2 financials? Had no Revenue (ZERO), little cash, accumulated deficit of $5.22M at end of 2017. All key assets (Patents, IP and Licences) in hands of the Receiver appointed to oversee the Receivership of Investel Capital Corp., the touted parent company. Haven't seen any announcements of financing said to be required to meet "going concern" statement from auditor for YE 2017 financials.

TNW Wireless cellular network off the air in violation of ISED Conditions of Licence. This will negatively impact the CRTC decision as TNW Wireless is not currently a bona fide wireless carrier. Licences still in the name of RuralCom Corporation.

Patent(s), IP and Licences in hands of Receiver, pending outcome of Receivership of Investel currently in the court. These assets specifically covered by Security Agreement entered into with Bond Capital.

Look at the YE Consolidated financials for 2017. No Revenue (as in ZERO), little to no cash, $5.266M accumulated deficit, criminal CEO and no announcements of any finances which they say they need to survive as a going concern fully six months ago. This is a profile of a deeply troubled business with an uncertain future.

SEC will pay Whistleblowers 10-30% of any financial penalties. Attention Navigata-Westel, Teliphone, UAMA, TNW, Investel, etc. employees, officers, subcontractors, suppliers, etc. You know Benoit Laliberte is a criminal and, if you are able to provide proof, the SEC Whistleblower Program will reward you with 10-30% of any financial penalties levied. This could be worth potentially millions ($USD) to a Whistleblower that can provide insider evidence of fraud, misuse of company funds, false or misleading financial reporting, exaggerated press releases, etc. Could potentially put Benoit in a US jail. Call them today at (202) 551-4790.

UAMA CEO a criminal. Documentary evidence!
CP
PUBLISHED FEBRUARY 22, 2008
UPDATED APRIL 26, 2018
The former head of Jitec Inc. was convicted yesterday of insider trading and deceiving investors while pumping up the value of his now-defunct Montreal high-tech firm. A judge found Benoit Laliberte, 35, guilty on 41 of 48 counts of breaking Quebec's securities laws. Quebec's securities regulator will seek about $1.5-million in fines plus costs from Laliberte for manipulating share prices while the company was listed on the Montreal Stock Exchange. Thirty of the convictions were for failing to disclose changes in Laliberte's control over Jitec shares. The rest of the counts were for insider trading, deceiving investors in news releases and inflating the value of contracts.