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Bankruptcy GUTTED UAMA assets, UAMA CEO bankrupt.
UAMA has no claimed income from Telecom following $47M BANKRUPTCY of Teliphone-Navigata-Westel. Further TNW Wireless, the cellular carrier, has failed and has no operational network, no subscribers and no roaming agreements.
UAMA CEO reported undischarged bankrupt in Supreme Court of BC proceedings. He has been an un discharged bankrupt for over ten (10) years!
Please see last four pages in this link:
Bankruptcy GUTTED UAMA assets, UAMA CEO bankrupt.
UAMA has no claimed income from Telecom following BANKRUPTCY of Navigata-Westel. Further TNW Wireless, the cellular carrier, has failed and has no operational network, no subscribers and no roaming agreements.
UAMA CEO reported undischarged bankrupt in Supreme Court of BC proceedings. He has been an un discharged bankrupt for over ten (10) years!
UAMA CEO is unfit. Convicted criminal & bankrupt.
Mr. Benoit Laliberte, UAMA CEO was convicted on 44 counts of stock fraud, market manipulation and deceiving investors.
Here are court records from the Teliphone-Navigata-Westel bankruptcy proceedings where in you will find copies of the personal bankruptcy of Mr. Benoit Laliberte. (See the last four pages)
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
Court records state, UAMA CEO is undischarged bankrupt. Quote:
Mr. Laliberte is said to have been an undischarged bankrupt in Canada for over ten (10) years! Evidence can be found in testimony before the Supreme Court of British Columbia.
UAMA and Benoit Laliberte FAILURE to properly disclose material information on PERSONAL BANKRUPTCY to investors, SEC filings and Pink Disclosure documents. Court evidence in CCAA Proceedings said the following:
49. As stated above, Mr. Laliberte is an undischarged bankrupt. Despite this, he has claimed
to be an officer and/or representative of a variety of companies in the TNW Group, most
recently being Teliphone and Investel Capital Corporation
Caveat Emptor - CAVEAT EMPTOR
STENCH of fraudulent CEO, complicit posters limit UAMA.
FRAUD permeates this enterprise and all who support it.
Convicted on 44 counts of stock fraud, market manipulation and deceiving investors.
Mr. Benoit Laliberte, UAMA CEO has also been an undischarged bankrupt for over ten (10) years!
UAMA has no future under Mr Laliberte. It will end just like Inelco and Teliphone. Totally worthless!
SEC action will predictably destroy UAMA.
Could SEC REVOKE UAMA just like Inelco and Teliphone? Inelco and Teliphone also run by Benoit Laliberte! All shareholders will be wiped out! History will repeat itself with these fraudsters!
SEC action supported by case law!
Mr. Benoit Laliberte, as UAMA President, CEO and CFO claimed "NO" in response to form question on convictions within past 10 years! See Pink disclosure documents filed in 2019.
Identical infractions though Benoit Laliberte was found guilty of 44 of 48 counts of stock fraud, market manipulation and deceiving investors. So Laliberte clearly outclasses Brooks on number of convictions!
Read the link to see how the SEC prosecuted this identical case:
https://www.sec.gov/files/Judg12-cv-02716Brooks.pdf
Should be a "plug and play" case for the SEC with UAMA and Mr. Laliberte and likely just a matter of time before action taken. When it does it will be devastating to UAMA shareholders and Mr. Laliberte.
Formal complaints have been filed with SEC.
UAMA irrelevant now! OTC says "Dark or Defunct"
Complicit posters act make statements or suggest possibilities that are based on SPAMMING orthey are privy to insider information NOT AVAILABLE TO THE PUBLIC. There are rules against this kind of behavior.
The facts aren't supportive of any upside for UAMA. Consider:
1) UAMA CEO is a convicted criminal according to The Canadian Press.
2) UAMA CEO is an undischarged bankrupt and has been in this status for over ten (10) years.
3) The $47M bankruptcy of Navigata-Westel et al in Canada has totally gutted the asset and employee base. Simply stated there's nothing left!
4) A Quebec Court ordered the shut-down of crypto-currency mining operations. If they're still operating they would be doing so "in contempt of court", though no credible evidence to suggest UAMA et al still actively mines and generates revenue from those operations.
5) UAMA is rumored to have very little working capital and they can't access funding from banks or institutional sources with a convicted criminal as CEO.
CAVEAT EMPTOR
UAMA CEO threatens Officer of the Court, in writing!
UAMA CEO wrote: "E&Y is fu___d if you confront me one more time" (read in link)
E & Y is Ernst & Young!
Character and demeanor of UAMA CEO on full display here.
"E&Y is fu___d 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
It speaks volumes to the character, ethics and business practices of Mr. Benoit Laliberte, UAMA President, CEO and CFO.
Will threatening an Officer of the Court bring charges against Mr. Laliberte? Guess we'll just have to wait to find out!
UAMA a fraud! Irrelevant and WORTHLESS!
Look at the UAMA Introduction on this Board! Lists officers and employees gone for over two years!
TNW Wireless Inc. has totally FAILED! No operational cellular network, no subscribers, no roaming agreements and no revenues. It's now WORTHLESS!
Patent litigation has failed after four (4) years! All BS just to pump stock.
UAMA et al never properly reported $47M bankruptcy in Canada that totally GUTTED the brick and mortar business that was Navigata-Westel, UAMA et als largest operating subsdiary. Court ordered it sold and bought by Distributel, who also took all the employees. This is material information that must be properly reported.
Also not reported the personal bankruptcy of Mr. Benoit Laliberte. According to court records Mr. Laliberte, UAMA CEO, has been an undischarged bankrupt for over ten (10) years! This is material information that must be properly reported.
Quebec Court ordered crypto-miners shut down. UAMA et al lost on appeal. Court further ordered that miners be shut-down and land restored to agricultural use.
It is rumored that Woodland, the actual customer for the crypto-mining, cancelled the agreement and abandoned their investment purportedly to avoid risk associated with failure to comply with the court order. It's likely if, in fact, there are any crypto-mining activities that they are on this same property and in violation of the court order.
Within the Canada Telecom industry it seems like there is a general understanding that UAMA et al have no money now or ready access to capital. Mr. Benoit Laliberte is a convicted criminal, according to The Canadian Press, and is, in addition, an undischarged bankrupt and has been so for over ten (10) years. It is extremely unlikely that Mr. Laliberte has the creds to borrow or attract any equity investment.
No credible evidence that UAMA now has any operations (or income) as they haven't filed any reports for over one full year!
Likely just a matter of time now. UAMA companies facing law suits in Canada, an SEC Whistleblower Complaint, a further Retaliation Claim rising from the Whistleblower Action. In 2019 Mr. Laliberte committed fradulent misrepresentation when he answered "NO" to prior convictions within the past ten years. SEC case law supports action on the latter as in the Brooks Case and if prosecuted in same manner will see Mr. Laliberte removed from office and banned from any further involvement with a public company.
CAVEAT EMPTOR
UAMA is Dead! CAVEAT EMPTOR
https://www.otcmarkets.com/stock/UAMA/disclosure
CAVEAT EMPTOR
UAMA? OTC Markets says "Dark or Defunct.
https://www.otcmarkets.com/stock/UAMA/disclosure
UAMA is DEAD! Only MMs proliferating this fraud!
There's no CURRENT INFORMATION or filings available on UAMA. Last filings were made over one year ago, so UAMA is a seriously delinquent filer.
Posters who purport that they are knowledgeable on UAMA operations are acting on NON-PUBLIC information.
OTC Markets has "Skull & Crossbones" flag up over UAMA and has labeled the Company a Dark or Defunct.
SEC action against UAMA supported by case law!
Could SEC REVOKE UAMA just like Inelco and Teliphone? Inelco and Teliphone also run by Benoit Laliberte! All shareholders will be wiped out! History will repeat itself with these fraudsters!
SEC action supported by case law!
Mr. Benoit Laliberte, as UAMA President, CEO and CFO claimed "NO" in response to form question on convictions within past 10 years! See Pink disclosure documents filed in 2019.
Identical infractions though Benoit Laliberte was found guilty of 44 of 48 counts of stock fraud, market manipulation and deceiving investors. So Laliberte clearly outclasses Brooks on number of convictions!
Read the link to see how the SEC prosecuted this identical case:
https://www.sec.gov/files/Judg12-cv-02716Brooks.pdf
Should be a "plug and play" case for the SEC with UAMA and Mr. Laliberte and likely just a matter of time before action taken. When it does it will be devastating to UAMA shareholders and Mr. Laliberte.
Formal complaints have been filed with SEC.
Court records state, UAMA CEO is undischarged bankrupt. Quote:
Mr. Laliberte is said to have been an undischarged bankrupt in Canada for over ten (10) years! Evidence can be found in testimony before the Supreme Court of British Columbia.
UAMA and Benoit Laliberte FAILURE to properly disclose material information on PERSONAL BANKRUPTCY to investors, SEC filings and Pink Disclosure documents. Court evidence in CCAA Proceedings said the following:
49. As stated above, Mr. Laliberte is an undischarged bankrupt. Despite this, he has claimed
to be an officer and/or representative of a variety of companies in the TNW Group, most
recently being Teliphone and Investel Capital Corporation
Caveat Emptor - CAVEAT EMPTOR
Bankruptcy GUTTED UAMA assets, UAMA CEO bankrupt.
UAMA has no claimed income from Telecom following BANKRUPTCY of Navigata-Westel. Further TNW Wireless, the cellular carrier, has failed and has no operational network, no subscribers and no roaming agreements.
UAMA CEO reported undischarged bankrupt in Supreme Court of BC proceedings. He has been an un discharged bankrupt for over ten (10) years!
STENCH of fraudulent CEO, complicit posters limit UAMA.
FRAUD permeates this enterprise and all who support it.
Convicted on 44 counts of stock fraud, market manipulation and deceiving investors.
Mr. Benoit Laliberte, UAMA CEO has also been an undischarged bankrupt for over ten (10) years!
UAMA has no future under Mr Laliberte. It will end just like Inelco and Teliphone. Totally worthless!
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 disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
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
The Canadian Press says Benoit Laliberte is a 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 JAIL.
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 evidence UAMA is operating. NO FILINGS!
There's no evidence that UAMA et al is still generating revenue from operations. None! No claim or Pink disclosures or press releases. Lack of any signs of life strongly suggests this company is DEAD. Like OTC MARKETS has labeled UAMA as "Dark or Defunct".
It is rumored that UAMA has no capital or ready access to capital. As Benoit Laliberte is a convicted criminal according to the Canadian Press that makes it virtually impossible to raise capital.
UAMA is just another of the many failures of Mr. Benoit Laliberte who has never built a business of lasting value.
UAMA a CRIMINAL ENTERPRISE? Convicted criminal CEO.
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 disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
Given these facts is UAMA a criminal enterprise???
No evidence UAMA is still mining! NO FILINGS!
There's no evidence that UAMA et al is still generating revenue from crypto-currency mining. None! No claim or Pink disclosures or press releases. Lack of any signs of life strongly suggests this company is DEAD. Like OTC MARKETS has labeled UAMA as "Dark or Defunct".
It is rumored that UAMA has no capital or ready access to capital. As Benoit Laliberte is a convicted criminal according to the Canadian Press that makes it virtually impossible to raise capital.
UAMA is just another of the many failures of Mr. Benoit Laliberte who has never built a business of lasting value.
Institutional investors will not invest in UAMA. CRIMINAL CEO. The Supreme Court deaf to the cause of Benoît Laliberté
The Canadian Press says Benoit Laliberte is a 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 JAIL.
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!
Is UAMA a CRIMINAL ENTERPRISE? Convicted criminal CEO.
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 disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
Given these facts is UAMA a criminal enterprise???
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 disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
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
The Canadian Press says Benoit Laliberte is a 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 JAIL.
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!
Complicit posters don't want you to know!
Mr. Benoit Laliberte, UAMA CEO was found guilty of 44 counts of stock fraud, market manipulation and deceiving investors. Some posters have even suggested that its 2020 and we should ignore these facts.
Investors would be well served to look at the past performance of Mr. Laliberte before buying this POS stock.
Investors are smart though and any movement in this stock is being created by MMs.
The underlying company here UAMA is now worthless. Can't access capital to build or expand due to convicted criminal CEO and long list of failures would cause any investors to WALK.
UAMA in FAILURE MODE! Nothing left!
Mr. Laliberte, UAMA CEO has been labeled an convicted criminal by The Canadian Press.
He's failed to report the $47M bankruptcy of Navigata-Westel et al that represented the largest operating subsidiary by far. Court ordered the assets sold to Distributel and that sale resulted in all employees leaving as well.
Also not reported is the bankruptcy status of Mr. Benoit Laliberte, UAMA CEO. According to court records Mr. Laliberte has been an undischarged bankrupt for over ten (10) years!
Both are "material information" and must be reported by public issuers.
Mr. Laliberte, UAMA CEO also committed fraudulent misrepresentation in 2019 Pink disclosure filings by answering "NO" in response to question on any convictions during past ten (10) years!
No evidence UAMA still mining or generating revenue!
It has been over a full year since the last Pink disclosure and financial reports.
OTC Markets has the "skull & crossbones" on UAMA and labels it "Dark or Defunct".
UAMA miners shut-down by Quebec Court!
UAMA appealed first court order and LOST APPEAL.
Court ordered shut-down requires UAMA et al to shut-down miners and restore land to agricultural use.
Another FAILURE by Benoit Laliberte, the convicted criminal CEO of UAMA who screws up everything and has NEVER BUILT A BUSINESS OF LASTING VALUE. The Canadian Press has labeled Mr. Laliberte a criminal.
CAVEAT EMPTOR. UAMA likely dead! See OTC Markets.
OTC Markets has "skull & crossbones" up on UAMA and labels UAMA as "Dark or Defunct".
Don't believe a word of complicit posters without updated Pink disclosures and financials.
CAVEAT EMPTOR!
Read Board Intro. Second rate technology. UAMA a fraud.
Technology mostly a fraud.
Show me the licences and income from licences. Fact is this "flufff" isn't being sold to anybody, much less marquee customers.
And it's old! Patents pending for four years? Everyone in the know is aware it doesn't take the USPO that long to approve or deny patent applications.
Take iPCS. UAMA et al has not found one (1) customer for the POS technology. Why? It doesn't offer anything new or disruptive and the industry has gone in a different direction. Yet they still list this POS as if it has a future. It doesn't.
Fact is Benoit Laliberte and Lawry Trevor-Deutsch don't know much about the wireless industry. They've mismanaged TNW Wireless Inc. and today it has not working cellular network, no subscribers, no roaming agreements and no revenue. Carriers have now overbuilt and don't need to roam on TNW Wireless network and it is rumored that TNW doesn't have the working capital to get the business back on its feet. Singh LaMarche, the law firm, advised the Canadian Government TNW Wireless didn't have capital.
Patent litigation has gone nowhere mainly because those sued don't need or want the junk that Benoit Laliberte thinks is of value. None of it has generated any licencing revenue because its irrelevant and worthless.
UAMA has not filed any Pink disclosures or financial reports in over a full year, so UAMA is likely dead!
Caveat Emptor
UAMA a fraud! Irrelevant and WORTHLESS!
Look at the UAMA Introduction on this Board! Lists officers and employees gone for over two years!
TNW Wireless Inc. has totally FAILED! No operational cellular network, no subscribers, no roaming agreements and no revenues. It's now WORTHLESS!
Patent litigation has failed after four (4) years! All BS just to pump stock.
UAMA et al never properly reported $47M bankruptcy in Canada that totally GUTTED the brick and mortar business that was Navigata-Westel, UAMA et als largest operating subsdiary. Court ordered it sold and bought by Distributel, who also took all the employees. This is material information that must be properly reported.
Also not reported the personal bankruptcy of Mr. Benoit Laliberte. According to court records Mr. Laliberte, UAMA CEO, has been an undischarged bankrupt for over ten (10) years! This is material information that must be properly reported.
Quebec Court ordered crypto-miners shut down. UAMA et al lost on appeal. Court further ordered that miners be shut-down and land restored to agricultural use.
It is rumored that Woodland, the actual customer for the crypto-mining, cancelled the agreement and abandoned their investment purportedly to avoid risk associated with failure to comply with the court order. It's likely if, in fact, there are any crypto-mining activities that they are on this same property and in violation of the court order.
Within the Canada Telecom industry it seems like there is a general understanding that UAMA et al have no money now or ready access to capital. Mr. Benoit Laliberte is a convicted criminal, according to The Canadian Press, and is, in addition, an undischarged bankrupt and has been so for over ten (10) years. It is extremely unlikely that Mr. Laliberte has the creds to borrow or attract any equity investment.
No credible evidence that UAMA now has any operations (or income) as they haven't filed any reports for over one full year!
Likely just a matter of time now. UAMA companies facing law suits in Canada, an SEC Whistleblower Complaint, a further Retaliation Claim rising from the Whistleblower Action. In 2019 Mr. Laliberte committed fradulent misrepresentation when he answered "NO" to prior convictions within the past ten years. SEC case law supports action on the latter as in the Brooks Case and if prosecuted in same manner will see Mr. Laliberte removed from office and banned from any further involvement with a public company.
CAVEAT EMPTOR
UAMA a fraud! Look at Introduction. Irrelevant now!
No news, no filings no signs of life!
UAMA has always been a fraud. Pattern of press releases suggesting great achievements ahead. None ever materialize!
At UAMA et al, “the illusion of progress is our most I mportant product”
Mr Laliberte, UAMA CEO has never built a business of lasting value.
No cure for convicted criminal CEO! UAMA dead!
UAMA et al is morally bankrupt!
STENCH of fraudulent CEO, complicit posters limit UAMA.
FRAUD permeates this enterprise and all who support it.
Convicted on 44 counts of stock fraud, market manipulation and deceiving investors.
Mr. Benoit Laliberte, UAMA CEO has also been an undischarged bankrupt for over ten (10) years!
UAMA has no future under Mr Laliberte. It will end just like Inelco and Teliphone. Totally worthless!
STENCH of fraudulent CEO, complicit posters limit UAMA.
FRAUD permeates this enterprise and all who support it.
Convicted on 44 counts of stock fraud, market manipulation and deceiving investors.
Mr. Benoit Laliberte, UAMA CEO has also been an undischarged bankrupt for over ten (10) years!
UAMA has no future under Mr Laliberte. It will end just like Inelco and Teliphone. Totally worthless!
SEC action against UAMA supported by case law!
Could SEC REVOKE UAMA just like Inelco and Teliphone? Inelco and Teliphone also run by Benoit Laliberte! All shareholders will be wiped out! History will repeat itself with these fraudsters!
SEC action supported by case law!
Nearly identical infractions though Benoit Laliberte was found guilty of 44 of 48 counts of stock fraud, market manipulation and deceiving investors. So Laliberte clearly outclasses Brooks on number of convictions!
Read the link to see how the SEC prosecuted this identical case:
https://www.sec.gov/files/Judg12-cv-02716Brooks.pdf
Should be a "plug and play" case for the SEC with UAMA and Mr. Laliberte and likely just a matter of time before action taken.
Formal complaints have been filed with SEC.
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 disclosed in US public filings, nor was the fact that Mr.Benoit Laliberte, UAMA CEO has been an undischarged bankrupt for over 10 years.
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
The Canadian Press says Benoit Laliberte is a 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 JAIL.
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!
Court drama! UAMA CEO threatens Officer of the Court.
UAMA CEO wrote: "E&Y is fu___d if you confront me one more time" (read in link)
E & Y is Ernst & Young!
Character and demeanor of UAMA CEO on full display here.
"E&Y is fu___d 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
It speaks volumes to the character, ethics and business practices of Mr. Benoit Laliberte, UAMA President, CEO and CFO.
Will threatening an Officer of the Court bring charges against Mr. Laliberte? Guess we'll just have to wait to find out!
CAUTION. UAMA delinquent Filer near death see OTC Mkts!
Fact Check: UAMA last issued Pink Disclosure and Financials back in November 2019 and that was for calendar 3Q-2019.
They found time to issue Press Release back in February of this year but apparently can't get their act together to file Pink DIsclosure and Financials on a timely basis.
All part of the fraudulent operations of Mr. Laliberte, UAMA CEO and his team. Look back at the SEC revocations of Inelco and Teliphone in 2016 to predict future for UAMA. Both had their listings REVOKED by SEC!
CAVEAT EMPTOR!
https://www.otcmarkets.com/stock/UAMA/quote