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"UnitedCorp Poised to Fail", should have been title of latest Press Release. Can't even spell Quebec correctly. But hey! Look around. Is "Opperating" (sic) an example of their excellent work? How about "Panasar"? Can't even get their own names spelled correctly!
It was reported on this Board some months ago that Benoit Laliberte is a bankrupt and has been in this legal status for 10 years. If correct, how can Mr Benoit Laliberte serve as a company officer as he would effectively be "an undischarged bankrupt".
The stock fraud convictions of Mr Benoit Laliberte were in Quebec. Yes, the very same jurisdiction where he now seeks favors for his cryptocrap. Did he ever pay the $900,000 fine or is that still covered by his personal bankruptcy status, reportedly a status for the past 10 years?
Look at latest press release "Qubec" (sic). UnitedCorp is very poorly positioned to have their "proposal vetted" per Mr Benoit Laliberte as he was convicted of 40 penal counts of stock fraud, after appeal, and is generally personna non grata. Look for rejection of UnitedCorp proposal.
No access to cheap power in Quebec will end cryptocrap. Cryptocrap will be another DOA business initiative by a fraudulent enterprise led by a CEO convicted of fraud. Connect the dots this management team has never built a business of enduring value. Caveat Emptor.
Stay tuned! Expect CRTC rejection. Expect rejection of power application in Quebec. Expect loss of key IP and patent assets. Expect a visit from the SEC. [/gb]
Where's any evidence of upside? Where's the cash flow? Where is evidence of any marquee customers? Research the CEO's background and convictions, research the bankruptcy proceedings to see how this enterprise has been decimated and hollowed out by forced sale of assets, research the failed iPCS product and ill-advised CRTC Application, research Investel Capital Corp., the purported parent company, and the fact it is in Receivership and all IP and/or patents held by them is in hands of the Receiver. The closer you look the worse it looks! Caveat Emptor.
Did Benoit Laliberte ever pay the $900,000 fine imposed by Quebec Court for his penal convictions for stock fraud? Benoit's reputation for regularly breaching contracts and agreements is now well known and even acknowledged in court records. Personna non grata in most circles and Province of Quebec would be wise to blacklist UAMA from any initiatives to purchase the power they will need for their cryptocrap projects.
Convictions in Quebec, same venue where UAMA is seeking favors for their cryptocrap!
Convictions in Quebec, same venue where UAMA is seeking favors for their cryptocrap!
UAMA CEO convicted on over 40 penal convictions for stock fraud and serving as an officer of a US public company requires an SEC waiver, especially given the seriousness of the offenses. Where is evidence UAMA ever applied? Where is the waiver? A true smoking gun that could have serious consequences for UAMA. HALT , investigate and delist this security.
Ask Benoit when we met. Let him figure it out!
Pathetic question. Spooks and humint never take the bait.
When UAMA CEO met me. He had no idea of my background and involvement with the US Fed Gov.
OMG the ignorance of US Securities Law is pathetic among posters. I suspect they will be very surprised when the SEC descends upon UAMA.
Where is the SEC waiver permitting UAMA CEO to serve as officer of a US public company. As Mr. Benoit Laliberte was convicted, upon appeal, on over 40 counts of stock fraud and stock manipulation he needed to disclose this to the SEC and obtain a waiver, Equally troubling is his undischarged bankruptcy for the past 10 years. Multiple regulatory problems with the SEC here.
UAMA's CEO convictions for stock fraud and his undischarged bankruptcy are big problems.
Where is the SEC Waiver permitting the convicted CEO to serve as a US public company officer or director?
(5) Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated;
Where is SEC Waiver?
Here's part of the application process.
(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:
(7) Such person was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:
(i) Any Federal or State securities or commodities law or regulation; or
(ii) Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or
(iii) Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or
15 U.S.C. 80a-9(a). Section 9(a) of the Investment Company Act automatically disqualifies all of the following from “serv[ing] or act[ing] in the capacity of employee, officer, director, member of an advisory board, investment adviser, or depositor of any registered investment company, or principal underwriter for any registered open-end company, registered unit investment trust, or registered face-amount certificate company”:
(1) any person who within 10 years has been convicted of any felony or misdemeanor involving the purchase or sale of any security or arising out of such person's conduct as an underwriter, broker, dealer, investment adviser, municipal securities dealer, government securities broker, government securities dealer, bank, transfer agent, credit rating agency, or entity or person required to be registered under the Commodity Exchange Act, or as an affiliated person, salesman, or employee of any investment company, bank, insurance company, or entity or person required to be registered under the Commodity Exchange Act;
Where is the SEC Waiver than permits the UAMA CEO, convicted on over 40 counts of penal stock fraud and stock manipulation to serve as CEO of a US public company? Just a matter of time before the SEC clears up the matter.
Certain posters would rather sweep problems under the rug. Caveat Emptor!
SEC requires a waiver for anyone convicted of penal stock fraud and/or stock manipulation. UAMA CEO has record of 40 penal violations of stock fraud and manipulation upheld on appeal. Where is the SEC Waiver permitting Mr Benoit Laliberte, UAMA CEO to hold a role as officer or director of a US public company?
Where is the SEC Waiver? UMAMA CEO not vetted by SEC!
Questions for UAMA CEO. Did you ever pay the $900,000 fine imposed by the Quebec Court that found you guilty on over 40 penal counts of stock fraud and stock manipulation? I'm confident that's a question the SEC would have asked if any SEC waiver had been sought in advance of the improper appointment. Anyone who believes this is misdemeanour behaviour is sorely misinformed. The SEC has jailed people fir lesser violations of the rules.
No record SEC waiver application made to permit UAMA CEO convicted on over 40 penal counts of stock fraud and stock manipulation. Application must be made prior to appointment. Then there's the matter UAMA CEO has been an undischarged bankrupt for 10 years. All serious problems as UAMA is US public company. Expect SEC will sort it out at some point.
UAMA CEO has destroyed value. During trial a judge went on record criticizing business practice of CEO of regularly and routinely breaching agreements and contracts with suppliers. CEO is personna non grata with CRTC, ISED and the Canadian telecom industry including numerous suppliers and manufacturers. Mr Benoit Laliberte was convicted, upon appeal, of over 40 penal convictions for stock fraud and stock manipulation. In addition he is an undischarged bankrupt and has been so for 10 years. As UAMA CEO Mr Laliberte serves without an SEC waiver in place. Probably only a matter of time before SEC catches up with him......
UAMA CEO needs to produce SEC waiver. Why you ask? Mr. Benoit Laliberte, UAMA CEO was found guilty on 40 counts of penal convictions for stock fraud. He is also a reported bankrupt for 10 years.
IN VIOLATION. UAMA CEO convicted on 40 counts of stock fraud and he purportedly is an undisclosed bankrupt for the past 10 years. Where is SEC waiver permitting him to serve as an officer of a US public company?
Time for justice to pay a visit. UAMA CEO regularly breaches contracts and agreements as a business practice according to a Canadian judge whoe entered his comments in the record. Reputed to be an undischarged bankrupt for 10 years. UAMA CEO found guilty on over 40 penal convictions for stock fraud.
SEC, take a close look at UAMA CEO. Found guilty on over 40 penal convictions for stock fraud and undischarged bankrupt. Where is SEC waiver permitting him to serve in this capacity?
UAMA CEO found guilty on over 40 counts of stock fraud and serves as CEO of US pubco without an SEC waiver.
Where is the SEC waiver? UAMA CEO found guilty on over 40 penal convictions for stock fraud. Unfit? Any new applications should be disqualified.
Where is the SEC waiver? UAMA CEO, Mr. Benoit Laliberte, has penal convictions on over 40 counts of stock fraud:
UAMA CEO convicted on 40+ counts stock fraud. Serves as CEO of US public company without SEC waiver.
Where are UAMA's financial reports?
Many posters in deep denial. UAMA is a train wreck.
Check the facts and ask questions. Caveat Emptor