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The Canadian Press says UAMA CEO convicted criminal. The Supreme Court deaf to the cause of Benoît Laliberté
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:
By: The Canadian Press on: 2011-04-21
The highest authority in the country refused to hear the appeal of the former president of Jitec. He will have to take out his check book and sign an amount of $ 800,000 for which he was sentenced for insider trading.
Benoît Laliberté did not want to appeal his conviction, but argued that he only had to pay $ 20,000 according to his interpretation of the section of the Securities Act that provides for fines.
The country's highest court today said it was not going to look into his case.
Pas de quoi se réjouir pour Benoît Laliberté qui posait ici avec son avocat Pearl Reevin
Benoît Laliberté who was here with his lawyer Pearl Reevin
He was convicted in 2008 of about 40 counts for violating the Securities Act in 2000 and 2001, when he was President and Chief Executive Officer of Jitec, a publicly traded computer company. from Montreal.
During this period, Mr. Laliberté had acquired thousands of Jitec shares through several thirds, while the appropriate insider reports had not been made. Then the hasty announcement of a partnership with a telephone company had pushed up the value of the title.
The Autorité des Marchés Financiers criticized him for insider trading and the dissemination of misleading information "likely to affect the share price".
He had avoided prison because his crimes were committed before the law was amended in December 2002, which opened the door to the imposition of a prison sentence.
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!
Beware of FRAUD. Due diligence required!
1) UAMA CEO said to be convicted criminal by The Canadian Press.
2) Largest telecom operating company of UAMA, Investel et al filed $47M bankruptcy in Supreme Court of BC in 2016. Case still open though court-ordered sale of assets has "gutted" business.
3) Above bankruptcy and personal bankruptcy of Benoit Laliberte never properly disclosed in prior Teliphone SEC filings no Pink disclosures for UAMA. Fraudulent filing made in 2019 Pink disclosures wherein Mr. Laliberte claims no convictions in prior ten (10) years, which evidence and court records clearly shows to be a falsehood.
4)TNW Wireless Inc. has totally failed.
5) Patent litigation now over four (4) years old has produced neither court awards or licensing agreements. At total FAIL.
OTC Markets labels UAMA "Dark or Defunct" has the "skull and crossbones" flag up and CAVEAT EMPTOR warning.
Note: No filings, press releases or any other information made available by UAMA in over one (1) year. Safe to assume UAMA is DEAD!
Any stock movement likely only manipulation without any underlying value!
UAMA failed? Prove it isn’t so!
Absence of Pink disclosure and financial reports suggests business has failed.
Safe assumption that business has failed!
No reports over year. UAMA failed?
Given nothing heard in over a year maybe safe to assume UAMA has failed.
No UAMA REVENUE or EARNINGS or REPORTS!
What is UAMA management hiding?
Total failure of the business?
Is it likely that UAMA just another failure like Teliphone, Navigata, Westel, Inelco, TNW Wireless, TNW Networks, etc., etc.?
UAMA-no REVENUE reported! Gone?
We know TNW Wireless totally failed. All same for POS technology iPCS.
Cryptocurrency mining likely halted. Did Woodland cancel agreement. Rumor mill says they did. Mining was only source of revenue.
Patent litigation totally failed to produce court awards or licensing deals.
Expect anti-trust litigation will produce same results.
Then there’s the $47M bankruptcy that has totally gutted asset and employee base. Still before the Court and potential fallout from written threats from UAMA CEO to Officer of the Court. Over $1M in employee withholding not remitted to CRA. Will these acts bring charges against UAMA CEO? We’ll just need to wait and see.
UAMA "gutted" by bankruptcy!
Said it on many occasions. "At UAMA, the illusion of success is our most important product". And illusion it is! Look back at all the grandiose press releases and note how most turned out to be mere fabrications! No substance at all.
All seems to have caught up with these fraudsters and you can safely presume that there is good reason that they have not filed Pink disclosures or financials for over a full year. Last reported quarter was 3Q-2019 (calendar).
Consider the following list of failures and heed CAVEAT EMPTOR warning and OTC Markets label of "Dark or Defunct".
1) Unannounced $47M bankruptcy of biggest brick & mortar telecom assets of UAMA, Investel et al. No wonder why Chairman Cote resigned,
2) Total failure of TNW Wireless Inc! For Investel et al (including Laliberte) they set themselves up as experts in telecom and capable of consolidating and building bigger entities. In case of RuralCom they bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and potential sources of capital showed him the door when he tried end-run. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
3)Cryptocurrency mining is likely dead or generating so little revenue that reporting the results would totally tank UAMA stock. Blockchain Domes is a sophomoric High School level science project. UAMA's mining business not even on the radar of biggest miners in Quebec let alone Canada, North American or the world.
4) The entire "patent initiative" at UAMA has produced zero results! Actually less if you consider the wasted money and management time devoted to trying to win patent litigation or gain licensing revenue. UAMA et al and Laliberte in particular have failed here as well.
5) Predictably the much publicized anti-trust litigation in Florida has gone nowhere. It was a total waste of time and money! Key litigator for UAMA et al quit the case at the end of December 2020. Chalk up another fail for Laliberte.
Look back at Benoit Laliberte's track record not the fabricated Wikipedia version. The facts are simple. Benoit Laliberte is a convicted criminal according to The Canadian Press and he was found guilty of 44 counts of Stock Fraud, Market Manipulation and Deceiving Investors. He has never built a business of lasting value, though has chalked up an impressive list of failures.
He can't raise institutional capital as that community seems reluctant to lend to convicted criminals. He's also been an undischarged personal bankrupt for over ten (10) years. Seems like you can find signs of fraud everywhere you look inside this enterprise.
Funny, but Laliberte and his now very small team (3 bodies I'm told) haven't accomplished anything this past year and they're afraid to report on it. Nothing reported in Pink disclosure or financials in over a year! If the news was good or even just favorable they'd report it so draw your own conclusions.
There's no future and no upside for UAMA and you can take that to the bank!
UAMA-"astounding level of fraud" indeed!
Bankruptcies not properly reported!
Bankruptcy of Teliphone-Navigata-Westel the largest brick and mortar operating subsidiary of Investel, UAMA et al still before the Supreme Court of BC. A $47M bankruptcy action which has already seen the business totally gutted with all assets and nearly all employees now gone!
Bankruptcy of Mr. Benoit Laliberte who has, according to court records, been an undischarged bankrupt in Canada for over ten (10) years.
Spend the time to read the court records of the bankruptcy (E & Y) and look at all the evidence presented regarding what one observer called, "An astounding level of fraud"
Bankruptcies never properly reported!
Bankruptcy of Teliphone-Navigata-Westel the largest brick and mortar operating subsidiary of Investel, UAMA et al still before the Supreme Court of BC. A $47M bankruptcy action which has already seen the business totally gutted with all assets and nearly all employees now gone!
Bankruptcy of Mr. Benoit Laliberte who has, according to court records, been an undischarged bankrupt in Canada for over ten (10) years.
Spend the time to read the court records of the bankruptcy (E & Y) and look at all the evidence presented regarding what one observer called, "An astounding level of fraud"
UAMA CEO guilty of stock fraud, market manipulation, deceiving investors!
UAMA CEO found guilty on 44 counts!
Amazing and unbelievable that someone with these convictions can serve as senior executive of a public company.
Pattern of failing to report material information to shareholders and the public. Like:
1) Bankruptcy of largest brick and mortar telecom operations Teliphone-Navigata-Westel. A $47M bankruptcy still before the courts. Did you know that court ordered and supervised sale of all assets and transfer of employee base? Clearly this is material information ever properly reported.
2) Bankruptcy of UAMA CEO, Mr. Benoit Laliberte never properly reported. According to Supreme Court of BC records in the bankruptcy proceedings, Mr. Laliberte has been an undischarged bankrupt for over ten (10) years!
3) In 2019 in Pink disclosure document Mr. Laliberte in his roles as President, CEO and CFO calimed no to question(s) on convictions in past 10 years. That's a falsehood as Quebec Courts had found him guilty on 41 counts and, upon appeal by AMF (the regulator in Province of Quebec) he was later found guilty on another three (3) counts in 2009.
The closer you look the more fraud you'll find.
Leading Canadian Law Firm says UAMA CEO guilty!
https://www.fasken.com/en/solution/clientwork/2008/08/expresident-of-jitec-fined-nearly-us900000-for-insider-trading-and-fraudulent-transactions/
The evidence does not lie and these facts were never properly disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
The failures to properly disclose the convictions for stock fraud, market manipulation and deceiving investor goes all the way back to the Inelco and Teliphone, so the potential liability is not limited to UAMA.
Given these facts is UAMA a criminal enterprise???
The Canadian Press says UAMA CEO convicted criminal. The Supreme Court deaf to the cause of Benoît Laliberté
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:
By: The Canadian Press on: 2011-04-21
The highest authority in the country refused to hear the appeal of the former president of Jitec. He will have to take out his check book and sign an amount of $ 800,000 for which he was sentenced for insider trading.
Benoît Laliberté did not want to appeal his conviction, but argued that he only had to pay $ 20,000 according to his interpretation of the section of the Securities Act that provides for fines.
The country's highest court today said it was not going to look into his case.
Pas de quoi se réjouir pour Benoît Laliberté qui posait ici avec son avocat Pearl Reevin
Benoît Laliberté who was here with his lawyer Pearl Reevin
He was convicted in 2008 of about 40 counts for violating the Securities Act in 2000 and 2001, when he was President and Chief Executive Officer of Jitec, a publicly traded computer company. from Montreal.
During this period, Mr. Laliberté had acquired thousands of Jitec shares through several thirds, while the appropriate insider reports had not been made. Then the hasty announcement of a partnership with a telephone company had pushed up the value of the title.
The Autorité des Marchés Financiers criticized him for insider trading and the dissemination of misleading information "likely to affect the share price".
He had avoided prison because his crimes were committed before the law was amended in December 2002, which opened the door to the imposition of a prison sentence.
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!
No news! No value! POS technology!
No news or filings in over a year!
No inherent value. Business run by convicted criminal CEO according to The Canadian Press
Technology a joke. Blockchain Domes nothing more than sophomoric high school science project.
Value? Or stock manipulation? No news!
OTC Markets labels UIAMA "Dark or Defunct"
No news in over a year!
Consider this enterprise DEAD! Caveat Emptor
Show UAMA Patent list, show patent licenses.
Most grandiose claims went nowhere.
NO patent licences found.
Look past BS. Most applications never patented!
The FRAUD never stops at UAMA.
Read grandiose claims, patent pending, but never issued.
All part of the FRAUD.
Posters part of the FRAUD. Only facts count!
POS technology with NO licencing agreements!
Patent litigation has gone nowhere in over four (4) years!
POS indeed!
Who would buy this POS stock? CAVEAT EMPTOR
UAMA CEO is convicted criminal found guilty of 44 counts of stock fraud, market manipulation and deceiving investors per The Canadian Press.
Same CEO has never built a business of lasting value.
NO news in over a year! OTC Markets labels as "Dark or Defunct"
Real buyers or market manipulators?
UAMA CEO guilty of stock fraud, market manipulation, deceiving investors!
UAMA CEO found guilty on 44 counts!
Amazing and unbelievable that someone with these convictions can serve as senior executive of a public company.
Pattern of failing to report material information to shareholders and the public. Like:
1) Bankruptcy of largest brick and mortar telecom operations Teliphone-Navigata-Westel. A $47M bankruptcy still before the courts. Did you know that court ordered and supervised sale of all assets and transfer of employee base? Clearly this is material information ever properly reported.
2) Bankruptcy of UAMA CEO, Mr. Benoit Laliberte never properly reported. According to Supreme Court of BC records in the bankruptcy proceedings, Mr. Laliberte has been an undischarged bankrupt for over ten (10) years!
3) In 2019 in Pink disclosure document Mr. Laliberte in his roles as President, CEO and CFO calimed no to question(s) on convictions in past 10 years. That's a falsehood as Quebec Courts had found him guilty on 41 counts and, upon appeal by AMF (the regulator in Province of Quebec) he was later found guilty on another three (3) counts in 2009.
The closer you look the more fraud you'll find.
UAMA CEO found guilty on 44 counts!
Amazing and unbelievable that someone with these convictions can serve as senior executive of a public company.
Pattern of failing to report material information to shareholders and the public. Like:
1) Bankruptcy of largest brick and mortar telecom operations Teliphone-Navigata-Westel. A $47M bankruptcy still before the courts. Did you know that court ordered and supervised sale of all assets and transfer of employee base? Clearly this is material information ever properly reported.
2) Bankruptcy of UAMA CEO, Mr. Benoit Laliberte never properly reported. According to Supreme Court of BC records in the bankruptcy proceedings, Mr. Laliberte has been an undischarged bankrupt for over ten (10) years!
3) In 2019 in Pink disclosure document Mr. Laliberte in his roles as President, CEO and CFO calimed no to question(s) on convictions in past 10 years. That's a falsehood as Quebec Courts had found him guilty on 41 counts and, upon appeal by AMF (the regulator in Province of Quebec) he was later found guilty on another three (3) counts in 2009.
The closer you look the more fraud you'll find.
Don't be deceived! UAMA manipulated?
Mr. Benoit Laliberte, President, CEO and CFO of UAMA found guilty on 44 counts of stock fraud market manipulation and deceiving investors.
OTC Markets has labeled UAMA as "Dark or Defunct", Skull & Crossbones flag, CAVEAT EMPTOR. Note there have been no Pink disclosures or financial reports in over a full year! Last reported quarter was 3Q-2019 (calendar).
So who is buying and selling this POS stock? Is it being manipulated?
Market manipulation is illegal in the United States under both securities and antitrust laws. Securities laws and related SEC rules broadly prohibit fraud in the purchase and sale of securities, and the Securities Exchange Act of 1934, Section 9, specifically makes it unlawful to manipulate security prices.
No news! Ask if stock manipulated by MMs!
Facts matter. UAMA President, CEO and CFO a convicted criminal found guilty of 44 counts of stock fraud, market manipulation and deceiving investors.
OTC Markets has labeled UAMA as "Dark or Defunct", Skull & Crossbones flag, CAVEAT EMPTOR. Note there have been no Pink disclosures or financial reports in over a full year! Last reported quarter was 3Q-2019 (calendar).
So who is buying and selling this POS stock. Is it being manipulated?
Don't be deceived. CAVEAT EMPTOR
Market manipulation is illegal in the United States under both securities and antitrust laws. Securities laws and related SEC rules broadly prohibit fraud in the purchase and sale of securities, and the Securities Exchange Act of 1934, Section 9, specifically makes it unlawful to manipulate security prices.
No news, UAMA "Dark of Defunct", market makers????
OTC Markets has labeled UAMA as "Dark or Defunct", Skull & Crossbones flag, CAVEAT EMPTOR. Note there have been no Pink disclosures or financial reports in over a full year! Last reported quarter was 3Q-2019 (calendar).
So who is buying and selling this POS stock. Is it being manipulated?
Market manipulation is illegal in the United States under both securities and antitrust laws. Securities laws and related SEC rules broadly prohibit fraud in the purchase and sale of securities, and the Securities Exchange Act of 1934, Section 9, specifically makes it unlawful to manipulate security prices.
Bankruptcies not properly reported!
Bankruptcy of Teliphone-Navigata-Westel the largest brick and mortar operating subsidiary of Investel, UAMA et al still before the Supreme Court of BC. A $47M bankruptcy action which has already seen the business totally gutted with all assets and nearly all employees now gone!
Bankruptcy of Mr. Benoit Laliberte who has, according to court records, been an undischarged bankrupt in Canada for over ten (10) years.
Spend the time to read the court records of the bankruptcy (E & Y) and look at all the evidence presented regarding what one observer called, "An astounding level of fraud"
Ethical businesses don't have convicted criminal CEO! The Supreme Court deaf to the cause of Benoît Laliberté
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:
By: The Canadian Press on: 2011-04-21
The highest authority in the country refused to hear the appeal of the former president of Jitec. He will have to take out his check book and sign an amount of $ 800,000 for which he was sentenced for insider trading.
Benoît Laliberté did not want to appeal his conviction, but argued that he only had to pay $ 20,000 according to his interpretation of the section of the Securities Act that provides for fines.
The country's highest court today said it was not going to look into his case.
Pas de quoi se réjouir pour Benoît Laliberté qui posait ici avec son avocat Pearl Reevin
Benoît Laliberté who was here with his lawyer Pearl Reevin
He was convicted in 2008 of about 40 counts for violating the Securities Act in 2000 and 2001, when he was President and Chief Executive Officer of Jitec, a publicly traded computer company. from Montreal.
During this period, Mr. Laliberté had acquired thousands of Jitec shares through several thirds, while the appropriate insider reports had not been made. Then the hasty announcement of a partnership with a telephone company had pushed up the value of the title.
The Autorité des Marchés Financiers criticized him for insider trading and the dissemination of misleading information "likely to affect the share price".
He had avoided prison because his crimes were committed before the law was amended in December 2002, which opened the door to the imposition of a prison sentence.
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!
Convicted criminal CEO, is UAMA criminal enterprise? The Supreme Court deaf to the cause of Benoît Laliberté
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:
By: The Canadian Press on: 2011-04-21
The highest authority in the country refused to hear the appeal of the former president of Jitec. He will have to take out his check book and sign an amount of $ 800,000 for which he was sentenced for insider trading.
Benoît Laliberté did not want to appeal his conviction, but argued that he only had to pay $ 20,000 according to his interpretation of the section of the Securities Act that provides for fines.
The country's highest court today said it was not going to look into his case.
Pas de quoi se réjouir pour Benoît Laliberté qui posait ici avec son avocat Pearl Reevin
Benoît Laliberté who was here with his lawyer Pearl Reevin
He was convicted in 2008 of about 40 counts for violating the Securities Act in 2000 and 2001, when he was President and Chief Executive Officer of Jitec, a publicly traded computer company. from Montreal.
During this period, Mr. Laliberté had acquired thousands of Jitec shares through several thirds, while the appropriate insider reports had not been made. Then the hasty announcement of a partnership with a telephone company had pushed up the value of the title.
The Autorité des Marchés Financiers criticized him for insider trading and the dissemination of misleading information "likely to affect the share price".
He had avoided prison because his crimes were committed before the law was amended in December 2002, which opened the door to the imposition of a prison sentence.
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!
Leading Canadian Law Firm says UAMA CEO guilty!
https://www.fasken.com/en/solution/clientwork/2008/08/expresident-of-jitec-fined-nearly-us900000-for-insider-trading-and-fraudulent-transactions/
The evidence does not lie and these facts were never properly disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
The failures to properly disclose the convictions for stock fraud, market manipulation and deceiving investor goes all the way back to the Inelco and Teliphone, so the potential liability is not limited to UAMA.
Given these facts is UAMA a criminal enterprise???
Canadian Press says UAMA CEO convicted criminal. The Supreme Court deaf to the cause of Benoît Laliberté
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:
By: The Canadian Press on: 2011-04-21
The highest authority in the country refused to hear the appeal of the former president of Jitec. He will have to take out his check book and sign an amount of $ 800,000 for which he was sentenced for insider trading.
Benoît Laliberté did not want to appeal his conviction, but argued that he only had to pay $ 20,000 according to his interpretation of the section of the Securities Act that provides for fines.
The country's highest court today said it was not going to look into his case.
Pas de quoi se réjouir pour Benoît Laliberté qui posait ici avec son avocat Pearl Reevin
Benoît Laliberté who was here with his lawyer Pearl Reevin
He was convicted in 2008 of about 40 counts for violating the Securities Act in 2000 and 2001, when he was President and Chief Executive Officer of Jitec, a publicly traded computer company. from Montreal.
During this period, Mr. Laliberté had acquired thousands of Jitec shares through several thirds, while the appropriate insider reports had not been made. Then the hasty announcement of a partnership with a telephone company had pushed up the value of the title.
The Autorité des Marchés Financiers criticized him for insider trading and the dissemination of misleading information "likely to affect the share price".
He had avoided prison because his crimes were committed before the law was amended in December 2002, which opened the door to the imposition of a prison sentence.
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!
MM manipulation of UAMA stock. It's Dead!
OTC Markets labels UAMA as "Dark or Defunct".
No reports in over a year and last reported quarter was 3Q-2019 (calendar).
No news from a company whose CEO was labeled as a convicted criminal.
Mr. Benoit Laliberte was found guilty on 44 counts of stock fraud, market manipulation and deceiving investors.
UAMA look to past to forecast future!
Largest telecom operating subsidiary of Investel filed for bankruptcy in November 2016. That case still before Supreme Court of BC. The $47M bankruptcy of Teliphone-Navigata-Westel that has seen court-ordered sale of most assets and employees gone to Distributel.
TNW Wireless Inc. a total failure as well. No working cellular network, no paying subscribers, no roaming agreements and no revenue. When RuralCom bought had working 3G network and premium-priced roaming agreements with AT&T, T-Mobile, Sprint and Verizon. If TNW had adopted the existing plan that business would be $30-60M Revenue today with 40-60% EBITDA. Benoit Laliberte made TNW Wireless Inc. the laughing stock of the Canadian wireless industry.
Patent litigation has produced nothing but legal bills in the past four years. No wins and not even licencing agreements.
Anti-trust litigation v Bitmain et al will predictably end up like patent litigation.
UAMA management has never built a business of enduring value. Big promises and expansive press releases that never materialize.
You know what you can expect the future to look like for this enterprise. Just more of the same!
No news, no progress, no future for UAMA!
Look closely OTC Markets has UAMA listed as "Dark or Defunct"
Skull & Crossbones flag deservedly up on UAMA.
UAMA wireless total failure! Incompetence killed it.
In case of wireless Investel, UAMA et al bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and Mr. Laliberte went to sources of capital and they showed him the door. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
Mr. Benoit Laliberte, UAMA President, CEO and CFO is a convicted criminal according to The Canadian Press and found guilty of 44 counts of stock fraud, market manipulation and deceiving investors.
UAMA. No substance, no value, no future!
No public disclosures, Pink disclosures or financials in over a year. Last reported time period was for 3Q-2019 (calendar).
Said it on many occasions. "At UAMA, the illusion of success is our most important product". And illusion it is! Look back at all the grandiose press releases and note how most turned out to be mere fabrications! No substance at all.
All seems to have caught up with these fraudsters and you can safely presume that there is good reason that they have not filed Pink disclosures or financials for over a full year. Last reported quarter was 3Q-2019 (calendar).
Consider the following list of failures and heed CAVEAT EMPTOR warning and OTC Markets label of "Dark or Defunct".
1) Unannounced $47M bankruptcy of biggest brick & mortar assets of UAMA, Investel et al. A good time for Chairman Cote to resign. Bankruptcy still before the court. Written threat to an Officer of the Court may yet bring charges against Mr. Benoit Laliberte, UAMA CEO.
2) Unannounced failure of TNW Wireless Inc! For Investel et al (including Laliberte) they set themselves up as an enterprise that could consolidate many into one. In case of wireless they bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and potential sources of capital showed him the door. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
3)Cryptocurrency mining is likely dead or generating so little revenue that reporting the results would totally tank UAMA stock. Fact is Blockchain Domes is nothing more than a sophomoric High School Science project. UAMA's mining business not even on the radar of biggest miners in Quebec let alone Canada, North American or the world.
4) The entire "patent initiative" at UAMA has produced zero results! Actually less if you consider the wasted money and management time devoted to trying to win patent litigation or gain licensing revenue. UAMA et al and Laliberte in particular have failed here as well.
5) Predictably the much publicized anti-trust litigation in Florida has gone nowhere. It was a total waste of time and money! Chalk up another fail for Laliberte. Key counsel resigned in late December 2020.
Look back at Benoit Laliberte's track record, not the fabricated Wikipedia version. The facts are simple. Benoit Laliberte is a convicted criminal according to The Canadian Press and he was found guilty of 44 counts of Stock Fraud, Market Manipulation and Deceiving Investors. He has never built a business of lasting value, though has chalked up an impressive list of failures.
He can't raise institutional capital as that community seems reluctant to lend to convicted criminals. He's also been an undischarged personal bankrupt for over ten (10) years. Seems like you can find signs of fraud everywhere you look inside this enterprise.
Funny, but Laliberte and his now very small team (3 bodies I'm told) haven't accomplished anything this past year and they're afraid to report on it. Nothing reported in Pink disclosure or financials in over a year! If the news was good or even just favorable they'd report it so draw your own conclusions.
There's no future and no upside for UAMA and you can take that to the bank!
OTC Markets labels UAMA "Dark or "Defunct"
No financial results reported for over a year!
OTC Markets labels UAMA as "Dark or Defunct"
UAMA failed to truthfully disclose material information.
Said it on many occasions. "At UAMA, the illusion of success is our most important product". And illusion it is! Look back at all the grandiose press releases and note how most turned out to be mere fabrications! No substance at all.
All seems to have caught up with these fraudsters and you can safely presume that there is good reason that they have not filed Pink disclosures or financials for over a full year. Last reported quarter was 3Q-2019 (calendar).
Consider the following list of failures and heed CAVEAT EMPTOR warning and OTC Markets label of "Dark or Defunct".
1) Unannounced $47M bankruptcy of biggest brick & mortar assets of UAMA, Investel et al. A good time for Chairman Cote to resign. Bankruptcy still before the court. Written threat to an Officer of the Court may yet bring charges against Mr. Benoit Laliberte, UAMA CEO.
2) Unannounced failure of TNW Wireless Inc! For Investel et al (including Laliberte) they set themselves up as an enterprise that could consolidate many into one. In case of wireless they bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and potential sources of capital showed him the door. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
3)Cryptocurrency mining is likely dead or generating so little revenue that reporting the results would totally tank UAMA stock. Fact is Blockchain Domes is nothing more than a sophomoric High School Science project. UAMA's mining business not even on the radar of biggest miners in Quebec let alone Canada, North American or the world.
4) The entire "patent initiative" at UAMA has produced zero results! Actually less if you consider the wasted money and management time devoted to trying to win patent litigation or gain licensing revenue. UAMA et al and Laliberte in particular have failed here as well.
5) Predictably the much publicized anti-trust litigation in Florida has gone nowhere. It was a total waste of time and money! Chalk up another fail for Laliberte. Key counsel resigned in late December 2020.
Look back at Benoit Laliberte's track record, not the fabricated Wikipedia version. The facts are simple. Benoit Laliberte is a convicted criminal according to The Canadian Press and he was found guilty of 44 counts of Stock Fraud, Market Manipulation and Deceiving Investors. He has never built a business of lasting value, though has chalked up an impressive list of failures.
He can't raise institutional capital as that community seems reluctant to lend to convicted criminals. He's also been an undischarged personal bankrupt for over ten (10) years. Seems like you can find signs of fraud everywhere you look inside this enterprise.
Funny, but Laliberte and his now very small team (3 bodies I'm told) haven't accomplished anything this past year and they're afraid to report on it. Nothing reported in Pink disclosure or financials in over a year! If the news was good or even just favorable they'd report it so draw your own conclusions.
There's no future and no upside for UAMA and you can take that to the bank!
UAMA upside totally destroyed by convicted criminal CEO.
Said it on many occasions. "At UAMA, the illusion of success is our most important product". And illusion it is! Look back at all the grandiose press releases and note how most turned out to be mere fabrications! No substance at all.
All seems to have caught up with these fraudsters and you can safely presume that there is good reason that they have not filed Pink disclosures or financials for over a full year. Last reported quarter was 3Q-2019 (calendar).
Consider the following list of failures and heed CAVEAT EMPTOR warning and OTC Markets label of "Dark or Defunct".
1) Unannounced $47M bankruptcy of biggest brick & mortar assets of UAMA, Investel et al. A good time for Chairman Cote to resign. Bankruptcy still before the court. Written threat to an Officer of the Court may yet bring charges against Mr. Benoit Laliberte, UAMA CEO.
2) Total failure of TNW Wireless Inc! For Investel et al (including Laliberte) they set themselves up as some sort of enterprise that could consolidate many into one. In case of wireless they bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and potential sources of capital showed him the door. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
3)Cryptocurrency mining is likely dead or generating so little revenue that reporting the results would totally tank UAMA stock. Fact is Blockchain Domes is nothing more than a sophomoric High School Science project. UAMA's mining business not even on the radar of biggest miners in Quebec let alone Canada, North American or the world.
4) The entire "patent initiative" at UAMA has produced zero results! Actually less if you consider the wasted money and management time devoted to trying to win patent litigation or gain licensing revenue. UAMA et al and Laliberte in particular have failed here as well.
5) Predictably the much publicized anti-trust litigation in Florida has gone nowhere. It was a total waste of time and money! Chalk up another fail for Laliberte.
Look back at Benoit Laliberte's track record, not the fabricated Wikipedia version. The facts are simple. Benoit Laliberte is a convicted criminal according to The Canadian Press and he was found guilty of 44 counts of Stock Fraud, Market Manipulation and Deceiving Investors. He has never built a business of lasting value, though has chalked up an impressive list of failures.
He can't raise institutional capital as that community seems reluctant to lend to convicted criminals. He's also been an undischarged personal bankrupt for over ten (10) years. Seems like you can find signs of fraud everywhere you look inside this enterprise.
Funny, but Laliberte and his now very small team (3 bodies I'm told) haven't accomplished anything this past year and they're afraid to report on it. Nothing reported in Pink disclosure or financials in over a year! If the news was good or even just favorable they'd report it so draw your own conclusions.
There's no future and no upside for UAMA and you can take that to the bank!
No news can overcome convicted criminal CEO!
UAMA upside totally destroyed by convicted criminal CEO.
Said it on many occasions. "At UAMA, the illusion of success is our most important product". And illusion it is! Look back at all the grandiose press releases and note how most turned out to be mere fabrications! No substance at all.
All seems to have caught up with these fraudsters and you can safely presume that there is good reason that they have not filed Pink disclosures or financials for over a full year. Last reported quarter was 3Q-2019 (calendar).
Consider the following list of failures and heed CAVEAT EMPTOR warning and OTC Markets label of "Dark or Defunct".
1) Unannounced $47M bankruptcy of biggest brick & mortar assets of UAMA, Investel et al. A good year for Chairman Cote to resign. Bankruptcy still before the court. Written threat to an Officer of the Court may yet bring charges against Mr. Benoit Laliberte, UAMA CEO.
2) Total failure of TNW Wireless Inc! For Investel et al (including Laliberte) they set themselves up as some sort of enterprise that could consolidate many into one. In case of wireless they bought (nobody forced them!) a market-ready wireless carrier with negotiated roaming agreements at very favorable rates and a working 3G network. Former CEO had financing arranged but Laliberte's ego too big and thought he'd do end run. Fired the CEO and potential sources of capital showed him the door. After nearly four (4) years TNW Wireless Inc. has totally failed. If the plan sold to investors by previous RuralCom CEO had gone forward would be $40-60M annual rev. and 40-60% EBITDA and that would have propelled UAMA stock to real solid new highs.
3)Cryptocurrency mining is likely dead or generating so little revenue that reporting the results would totally tank UAMA stock. Fact is Blockchain Domes is nothing more than a sophomoric High School Science project. UAMA's mining business not even on the radar of biggest miners in Quebec let alone Canada, North American or the world.
4) The entire "patent initiative" at UAMA has produced zero results! Actually less if you consider the wasted money and management time devoted to trying to win patent litigation or gain licensing revenue. UAMA et al and Laliberte in particular have failed here as well.
5) Predictably the much publicized anti-trust litigation in Florida has gone nowhere. It was a total waste of time and money! Chalk up another fail for Laliberte.
Look back at Benoit Laliberte's track record, not the fabricated Wikipedia version. The facts are simple. Benoit Laliberte is a convicted criminal according to The Canadian Press and he was found guilty of 44 counts of Stock Fraud, Market Manipulation and Deceiving Investors. He has never built a business of lasting value, though has chalked up an impressive list of failures.
He can't raise institutional capital as that community seems reluctant to lend to convicted criminals. He's also been an undischarged personal bankrupt for over ten (10) years. Seems like you can find signs of fraud everywhere you look inside this enterprise.
Funny, but Laliberte and his now very small team (3 bodies I'm told) haven't accomplished anything this past year and they're afraid to report on it. Nothing reported in Pink disclosure or financials in over a year! If the news was good or even just favorable they'd report it so draw your own conclusions.
There's no future and no upside for UAMA and you can take that to the bank!
What happened to "mining campus". Just UAMA BS!
A look back in history will clearly illustrate a pattern of over-pumped and grandiose announcements that never materialized.
Despite not having the capital or the ability to raise capital they made these announcements just to pump the stock. They're fully aware that it is impossible to raise capital with a convicted criminal CEO at the helm.