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Expect SEC to convict Benoit Laliberte!
Identical cases so expect a similar conviction and penalties.
https://www.sec.gov/files/Judg12-cv-02716Brooks.pdf
Took lots of letters, copies to any agency remotely connected or interested.
All it took was one young turk.
Holy crap Batman! A teacher?
Pity the poor souls who listen to this miscreant.
Looking back he doesn't care if UAMA is led by what The Canadian Press has labeled a convicted criminal.
Maybe "teach" so twisted to believe that this is relevant experience for a CEO. Something to be learned in facing a judge and being found guilty of 44 counts of stock fraud, market manipulation and deceiving investors. Heck maybe the $47M bankruptcy of Teliphone-Navigata-Westel (still before the Supreme Court of BC) also a learning experience.
Serial failures of UAMA et al and Benoit Laliberte just prelude.
Think of it as conditioning you to be amazed and overwhelmed when this POS stock hits $100/ share.
Sit down with your meds when it hits $1,000 per share.
I tell you this Benoit Laliberte is an absolute genius.
He had us all fooled with the $47M bankruptcy of Teliphone-Navigata-Westel and we doubted him when we discovered that he had been an undischarged bankrupt for over ten (10) years.
So remain calm, get plenty of rest and plan to be utterly amazed when the long overdue reports and financials are released. But even more important will be his vision for the future of UAMA et al. Even Elon Musk will be amazed at his foresight.
The man's brilliant. I feel certain that he's taken a chapter from the Joe Biden playbook by hiding and staying silent all these months since 3Q-2019. While we doubted he was silently building a huge empire of Blockdomes and wireless networks like no other. Before you know it Bitcoin will be begging him to mine their cryptocurrency.
His genius, contacts and winning ways have permitted him to raise huge amounts of capital to pull off this momentum growth.
In less than 11 days all the naysayers will be both shamed and amazed. Genius I say.
Holy cow Batman! Cryptocrap is back!
UAMA not a miner but hey that doesn't matter.
There's a magical connection between the failure that is UAMA and the meteoric rise of Bitcoin.
It's deep and only the very best minds can comprehend the connection but hey it's there and before you know it UAMA will worth $100 per share and within a few months $1,000 per share.
Don't be too hard on yourself if you don't understand it it's just magic.
Holy magic Batman! This things going to the moon!
UAMA nowhere to be found as major miner.
UAMA et al is nowhere to be found as a major miner in Quebec or Canada.
Fact is they are too small to even be seen.
It appears Woodland the original mining client for UAMAA et al cancelled the agreement and abandoned the processors in place in early 2020. Maybe they were scared of Quebec Court order and continued operation of miners potentially in contempt of court. On August 6 2020 we learned that UAMA et al operating only as landlord of others who were third-party miners RENTING the Blockdome facilties. That would make UAMA et al a simple LANDLORD.
Complicit posters continue to try and connect UAMA et al to the meteoric rise of Bitcoin, when in fact being a landlord and renting out facilities to other real miners creates no such connection.
By all means read the UAMA filings when they are released, though set your BS filters appropriately!
UAMA big promises coming? Ignore them!
CAVEAT EMPTOR the best advice on UAMA.
Why? UAMA et al has long-term strategy of big, expansive, promises and visions of grandeur that NEVER materialize.
Benoit Laliberte is an empty suit that has never built a business of lasting value.
Why would anyone expect a different outcome?
The Canadian Press has labeled him a convicted criminal and he has been an undischarged bankrupt for over ten (10) years.
"E & Y is fu___d" written by UAMA CEO"
UAMA CEO character on public display! Disgusting!
E & Y is Ernst & Young!
Character and demeanor of UAMA CEO on full display here.
"E &Y is fucked if you confront me one more time" is title of e-mail sent by Benoit Laliberte to an Officer of the Court.
This is a direct quote from a May 19, 2019 e-mail entered into evidence via Affidavit in the continued CCAA Proceedings in the Supreme Court of BC.
Here is the link to the official Affidavit filed before the Supreme Court of BC:
https://documentcentre.eycan.com/EYCMLibrary/8640025%20Canada%20Inc%20(dba%20Telephone%20Navigata-Westel%20Communication)%20&%20Telephone%20Data%20Centers%20Inc/English/Motion%20Materials/Affidavits/Affidavit%201%20of%20Phoebe%20Fasihi,%20sworn%20on%20Aug%208,%202019%20.PDF
This speaks volumes to the character, ethics and business practices of Mr. Benoit Laliberte, UAMA President, CEO and CFO.
UAMA needs to fake it! They can't execute!
At UAMA appearance of progress their most important product.
No track record of accomplishment by Benoit Laliberte ever. The one that got closest turned out to deliver convictions against him on 44 counts of stock fraud, market manipulation and deceiving investors.
Golly gee Batman. UAMA news coming! What?
What indeed? Last report back in 3Q-2019.
What will they tell us?
Maybe even bigger promise of cryptocurrency mining campus.
Thousands of hectares across southern Quebec using billion of KW. Use waste heat to grow and harvest tropical crops in Quebec. OMG! Just imagine!
On wireless front TNW Wireless Inc. to raise capital to to buy major Canadian wireless carrier. OMG Batman these guys are so smart and so connected. No more silly iPCS (don't think that ever got patented anyhow) just get right to it!
But wait Batman. UAMA CEO convicted a few years back of 44 counts of stock fraud, market manipulation and deceiving investors. Same CEO also undischarged bankrupt for over ten (10) years!
Where will they get the capital?
No upside for UAMA w/convicted criminal, bankrupt CEO.
The Canadian Press has labeled Benoit Laliberte, UAMA President, CEO and CFO a convicted criminal.
Court records and affidavits presented to the Supreme Court of BC show that Benoit Laliberte has been an undischarged bankrupt for over ten (10) years.
UAMA only renting space to miners! WTF?
Renting sophomoric Blockdomes to others who actually mine does not make UAMA et al a cryptocurrency miner. They're simply a landlord.
But who cares as UAMA et al not even on radar on cryptocurrency scene in Quebec or Canada.
Blockdomes a dud! Patented? Any licencees?
Blockdomes a sophomoric high school science project, albeit a waste of some real money and time.
While real "players" in cryptocurrency mining in Quebec and Canada have built massive facilities of real scale, UAMA et al can't even be found on the radar.
A real "nothing burger".
Broadband wireless on fire in Canada. Where's TNW Wireless?
Nowhere to be seen!
Not part of the explosive growth of broadband.
Not bidding in spectrum auctions, not JV'd with other players and just no visibility.
Safe to assume TNW Wireless Inc. is dead!
How about update of Sandeep Panesar whose departure in 2018 never acknowledged by TNW Wireless Inc. In fact he's still listed on INTRO to this board.
UAMA a miner? Or just renting space to real miners?
Quebec Court ordered shut-down of miners due to land-use violations. Company appealed and LOST!
When last discussed UAMA et al only renting space to real miners!
Not much upside from that.
Whatever happened to Anti-Trust litigation? Nothing?
Key counsel resigned at end of December 2020.
Likely safe to assume this is dead!
Another BS attention getter to coverup failure of UAMA business ventures?
What happened to patent litigation? Nothing?
Pretty safe to assume this was another dead-end for UAMA CEO.
Whole intellectual property and patent litigation initiative went nowhere.
What about TNW Wireless Inc. Update?
That should be fun to read as this an absolutely abysmal failure.
Could have been $40-60M in revenues by now with 40-60% EBITDA.
UAMA CEO's ego and ignorance of wireless industry killed this business.
Look for update on $47M bankruptcy!
Biggest news of the past couple of years as the court-ordered sale of assets absolutely gutted UAMA, Investel et al.
Big UAMA news would be CEO resignation!
What's he ever successfully built?
No evidence he ever built a business of lasting value.
Moreover long list of remarkable failures.
The Canadian Press labels him as a convicted criminal.
Found guilty on 44 counts of stock fraud, market manipulation and deceiving investors.
UAMA management should explain past, path forward.
Benoit Laliberte, President, CEO and CFO has much to answer for.
From fraudulent claims, continued listing of long-departed officers, and purely fraudulent filings there's a real need to clean up the mess that is UAMA.
If you can get past the fact that Mr. Benoit Laliberte has been labeled a convicted criminal by the The Canadian Press, and the fact he has been personally an undischarged bankrupt for over ten (10) years, then maybe focus on facts about the business:
• A Quebec Court ordered shut-down of Blockdomes due to land-use violations. Company appealed and lost. On August 6, 2020 Mr. Lawry Trevor-Deutsch stated in article that mining facilities now only rented to other third-party miners. Maybe a way to skirt Court Order? Doesn't matter though as Blockdomes not even on list of crypto-currency miners in Quebec. UAMA's operations are just that small and inconsequential, even on the Canadian scene. Far cry from the BS press release back in 3Q-2019 that envisioned large-scale mining campus. Never happened as major Canadian players in Quebec and Canada left UAMA et al in the dust.
• TNW Wireless Inc. has totally failed. No evidence cellular network is still operational and no roaming agreements with any other carrier are registered. While Sandeep Panesar the named CEO of TNW Wireless Inc. still listed in the Introduction to this site, he left sometime in late 2018. Continuing to list him is a falsehood. Same with a couple of other non-officer employees.
• TNW Wireless Inc. had all the pieces to make that business a success back in early 2017. Record will show RuralCom Corp CEO had brought business to market ready status with key roaming agreements in place with AT&T, Verizon, T-Mobile and Sprint and negotiations underway with Bell. RuralCom CEO had committed investors who also believed that business could be quickly grown to $40-60M revenue with 40-60% EBITDA operating as a wholesale wireless cellular carrier in rural Canada. Benoit Laliberte had other ideas, fired the RuralCom CEO, and made an end-run to at least one of the documented investors. Apparently, they met and he was quickly shown to the door! RuralCom, later TNW Wireless is the biggest missed opportunity and leadership screwup of recent years. It would have been a great value builder for UAMA and the company and stock value would be far greater today if that acquisition by Investel had been properly managed by something other than the ego of Benoit Laliberte. Apparently he doesn't accept that he knows nothing about the wireless industry!
• Bankruptcy ($47M) of Teliphone-Navigata-Westel is still open in Supreme Court of BC though that Court had approved sale of assets back in 2018 which literally "gutted" UAMA, Investel, et al. Asset base sold and employees all followed the assets to Distributel. Benoit Laliberte, UAMA CEO threatened an Officer of the Court (in writing) and it remains to be seen if this will bring criminal charges. CRA claims employee withholding payments were not remitted to the CRA in the amount of over $1M and that could also bring charges against management.
• Much effort was placed on patent litigation focused on some notable players in the social media space. That effort went nowhere after four (4) years.
• Latest legal foray was anti-trust suit filed against Bitmain et al. That appears to have failed as counsel for UAMA et al withdrew from the case in late December 2020.
• iPCS technology appears to have been the subject of much puffery yet has never achieved any traction at all. Normally, if technology worthwhile it is quickly part of an operational trial somewhere in the world. That never happened with iPCS as it was never clear it offered anything at all of value to the carrier community and there were legitimate concerns it violated accepted regulatory requirements. Was it ever patented? No evidence can be found USPO or any other body approved the patent. After five (5) years it is likely safe to say it has been a complete failure.
Any arms-length review of Mr. Benoit Laliberte's track record will show that he has never built a business of lasting value. That fact alone should provide the best prediction of his ability to create real value for investors in the future!
Think about it! What other company do you know that has someone who was convicted on 44 counts of stock fraud, market manipulation and deceiving investors acting as President, CEO and CFO?
.......CAVEAT EMPTOR!
Think about it! Convicted criminal CEO?
Delinquent Filer. UAMA needs to fully disclose!
From fraudulent claims, continued listing of long-departed officers, and purely fraudulent filings there's a real need to clean up the mess that is UAMA.
If you can get past the fact that Mr. Benoit Laliberte has been labeled a convicted criminal by the The Canadian Press, and the fact he has been personally an undischarged bankrupt for over ten (10) years, then maybe focus on facts about the business:
• A Quebec Court ordered shut-down of Blockdomes due to land-use violations. Company appealed and lost. On August 6, 2020 Mr. Lawry Trevor-Deutsch stated in article that mining facilities now only rented to other third-party miners. Maybe a way to skirt Court Order? Doesn't matter though as Blockdomes not even on list of crypto-currency miners in Quebec. UAMA's operations are just that small and inconsequential, even on the Canadian scene. Far cry from the BS press release back in 3Q-2019 that envisioned large-scale mining campus. Never happened as major Canadian players in Quebec and Canada left UAMA et al in the dust.
• TNW Wireless Inc. has totally failed. No evidence cellular network is still operational and no roaming agreements with any other carrier are registered. While Sandeep Panesar the named CEO of TNW Wireless Inc. still listed in the Introduction to this site, he left sometime in late 2018. Continuing to list him is a falsehood. Same with a couple of other non-officer employees.
• TNW Wireless Inc. had all the pieces to make that business a success back in early 2017. Record will show RuralCom Corp CEO had brought business to market ready status with key roaming agreements in place with AT&T, Verizon, T-Mobile and Sprint and negotiations underway with Bell. RuralCom CEO had committed investors who also believed that business could be quickly grown to $40-60M revenue with 40-60% EBITDA operating as a wholesale wireless cellular carrier in rural Canada. Benoit Laliberte had other ideas, fired the RuralCom CEO, and made an end-run to at least one of the documented investors. Apparently, they met and he was quickly shown to the door! RuralCom, later TNW Wireless is the biggest missed opportunity and leadership screwup of recent years. It would have been a great value builder for UAMA and the company and stock value would be far greater today if that acquisition by Investel had been properly managed by something other than the ego of Benoit Laliberte. Apparently he doesn't accept that he knows nothing about the wireless industry!
• Bankruptcy ($47M) of Teliphone-Navigata-Westel is still open in Supreme Court of BC though that Court had approved sale of assets back in 2018 which literally "gutted" UAMA, Investel, et al. Asset base sold and employees all followed the assets to Distributel. Benoit Laliberte, UAMA CEO threatened an Officer of the Court (in writing) and it remains to be seen if this will bring criminal charges. CRA claims employee withholding payments were not remitted to the CRA in the amount of over $1M and that could also bring charges against management.
• Much effort was placed on patent litigation focused on some notable players in the social media space. That effort went nowhere after four (4) years.
• Latest legal foray was anti-trust suit filed against Bitmain et al. That appears to have failed as counsel for UAMA et al withdrew from the case in late December 2020.
• iPCS technology appears to have been the subject of much puffery yet has never achieved any traction at all. Normally, if technology worthwhile it is quickly part of an operational trial somewhere in the world. That never happened with iPCS as it was never clear it offered anything at all of value to the carrier community and there were legitimate concerns it violated accepted regulatory requirements. Was it ever patented? No evidence can be found USPO or any other body approved the patent. After five (5) years it is likely safe to say it has been a complete failure.
Any arms-length review of Mr. Benoit Laliberte's track record will show that he has never built a business of lasting value. That fact alone should provide the best prediction of his ability to create real value for investors.
Think about it! What other company do you know that has someone who was convicted on 44 counts of stock fraud, market manipulation and deceiving investors acting as President, CEO and CFO?
.......CAVEAT EMPTOR!
UAMA has not filed fins since 3Q-2019!
OTC markets labels it "Dark or Defunct".
Skull & Crossbones flag up!
CAVEAT EMPTOR
UAMA - crossbones still up!
Delinquent filer since 3Q-2019!
So assume no revenues, no earnings, no progress!
Maybe even safe to presume UAMA dead!
OTC Markets labels it "Dark or Defunct"
UAMA-no underlying value! MMS diddling.
No news and no filings since 3Q-2019. Delinquent filer with flag up on OTC Markets.
CAVEAT EMPTOR
Benoit Laliberte, UAMA CEO, is bankrupt. See filing!
If you click on the link below and scroll to pages 12 and 13 you will see copies of the bankruptcy filings.
Here is the link to the official Affidavit filed before the Supreme Court of BC:
https://documentcentre.eycan.com/EYCMLibrary/8640025%20Canada%20Inc%20(dba%20Telephone%20Navigata-Westel%20Communication)%20&%20Telephone%20Data%20Centers%20Inc/English/Motion%20Materials/Affidavits/Affidavit%201%20of%20Phoebe%20Fasihi,%20sworn%20on%20Aug%208,%202019%20.PDF
Mr. Laliberte remains an undischarged bankrupt
UAMA in a coma for sure! Delinquent filer.
No reports since report for 3Q-2019.
Safe to assume it is dead.
Bankruptcy ($47M) totally gutted assets and employees and nothing left.
UAMA et al not even on radar as a miner and last press contact by Lawry Trevor-Deutsch of August 6, 2020 said they were operating as a landlord and RENTING Blockdome facility to others who were actually miners. Not much upside there!
Order from Quebec Court to shut-down miners and restore land to purely agricultural use confirmed on appeal so maybe all they can do.
Maybe management in a coma as well.
UAMA not crypto miner! Just landlord!
Look back to last summer and early August 6th admission by Lawry Trevor-Deutsch where he publicly states that UAMA et al is acting simply as a landlord for other third parties who are real miners.
What’s the upside for a landlord?
Very little upside here!
UAMA too far gone to save!
No capital, no creds with financial markets and a truly checkered past.
A close view of all the past hype and pure BS in press releases as compared to results tells the story.
Patents? Nothing ever there! Litigation a total waste of time. Never saw any evidence that any patent was ever sold or licensed. That tells you what they were worth.
Investel held itself as “experts” who could consolidate telecom businesses and turn them into going concerns and winners. The $47M bankruptcy of Teliphone-Navigata-Westel is proof they were not experts.
At the end of the day UAMA run by ego of Benoit Laliberte.
Probabilities suggest bleak future under this CEO.
View UAMA management history for answer!
Factual basis:
-UAMA assets & employee base gutted by $47M bankruptcy proceeding still open in Supreme Court of BC
-Quebec Court ordered shut-down of crypto-miners and restoral of property to pure agricultural use
-Management has never built a business of lasting value
-UAMA CEO found guilty on 44 counts of stock fraud, market manipulation and deceiving investors
-TNW Wireless has totally failed and could have been $40-60M Revenue with 40-60% EBITDA if they had simply built this market-ready business with existing CEO who had support of financial institutions.
Does a Tiger change it’s stripes?
Yep 2021 and UAMA CEO still bankrupt.
In fact, $47M bankruptcy of UAMA, Investel companies Teliphone-Navigata-Westel still in progress in Supreme Court of British Columbia.
Assets and employees gone but some serious overhang and potential for charges against officers.
Canada Revenue Agency takes a dim view of companies who fail to remit employee withholdings.
Similarly, written threats to an Officer of the Court by UAMA CEO may still bring charges.
Yep it's 2021 and UAMA management still hasn't built any real value for shareholders. Of course, they never have built a company of lasting value so why would anyone expect better of them?
Benoit Laliberte, UAMA CEO, is bankrupt. See filing!
If you click on the link below and scroll to pages 12 and 13 you will see copies of the bankruptcy filings.
Here is the link to the official Affidavit filed before the Supreme Court of BC:
https://documentcentre.eycan.com/EYCMLibrary/8640025%20Canada%20Inc%20(dba%20Telephone%20Navigata-Westel%20Communication)%20&%20Telephone%20Data%20Centers%20Inc/English/Motion%20Materials/Affidavits/Affidavit%201%20of%20Phoebe%20Fasihi,%20sworn%20on%20Aug%208,%202019%20.PDF
Mr. Laliberte remains an undischarged bankrupt
Expect SEC to convict Benoit Laliberte!
Identical cases so expect a similar conviction and penalties.
https://www.sec.gov/files/Judg12-cv-02716Brooks.pdf
Warning! This company may not be making material information publicly available
Buying or selling a security on the basis of material nonpublic material information is prohibited under Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b5-1 thereunder. Violators may be subject to civil and criminal penalties.
Verbatim from OTC Markets web site.
Ethical businesses don't have convicted criminal CEO!
The Canadian Press says UAMA CEO convicted criminal.
Worth noting that if, at the time, Benoit Laliberte, UAMA CEO had been tried in another Canadian Province he would have gone to......PRISON.
See the last paragraph in the article below:
Of course if it wasn't true Mr. Benoit Laliberte would file suit against The Canadian Press, so the truth is clear here!
All of this NEVER PROPERLY disclosed in UAMA, Inelco or Teliphone public disclosure documents.
The SEC does and will act on such violations and likely just a matter of time!
$47M bankruptcy and criminal CEO killed UAMA.
There's nothing left at UAMA.
Wonder if they have any miner "TENANTS" left?
They're afraid to publish any reports as the financials are likely very DISMAL.
It's been over a year since UAMA last filed Pink and financial reports. Last quarter reported was 3Q-2019 (calendar).
Heed OTC Markets and AMF. OTC Markets has labeled UAMA as "dark or defunct" and AMF issued a Cease Trade Order last year.
If is sounds like a fraud, smells like a fraud, its probably a FRAUD.
"E & Y is fu___d" written by UAMA CEO"
UAMA CEO character on public display! Disgusting!
E & Y is Ernst & Young!
Character and demeanor of UAMA CEO on full display here.
"E &Y is fucked if you confront me one more time" is title of e-mail sent by Benoit Laliberte to an Officer of the Court.
This is a direct quote from a May 19, 2019 e-mail entered into evidence via Affidavit in the continued CCAA Proceedings in the Supreme Court of BC.
Here is the link to the official Affidavit filed before the Supreme Court of BC:
https://documentcentre.eycan.com/EYCMLibrary/8640025%20Canada%20Inc%20(dba%20Telephone%20Navigata-Westel%20Communication)%20&%20Telephone%20Data%20Centers%20Inc/English/Motion%20Materials/Affidavits/Affidavit%201%20of%20Phoebe%20Fasihi,%20sworn%20on%20Aug%208,%202019%20.PDF
This speaks volumes to the character, ethics and business practices of Mr. Benoit Laliberte, UAMA President, CEO and CFO.
Anti-trust litigation totally FAILED! Counsel resigned!
UAMA not a miner any longer!
Just rents Blockdomes to others so nothing more than a LANDLORD.
Benoit Laliberte, UAMA CEO found guilty!
The Canadian Press says UAMA CEO is convicted criminal.
Just because the convictions weren't criminal in Quebec at the time does not mean that a US Court will not take the position that these were criminal violations in the US at the time they were committed and Mr. Laliberte now runs a US-listed, public company.
Worth noting that if, at the time, Benoit Laliberte, UAMA CEO had been tried in another Canadian Province he would have gone to........ JAIL.
See the last paragraph in the article below:
Of course if it wasn't true Mr. Benoit Laliberte would file suit against the Canadian Press, so clearly we understand the truth here!
All of this NEVER PROPERLY disclosed in UAMA, Inelco or Telphone public disclosure documents.
The SEC does and will act on such violations and likely just a matter of time!