UA Multimedia Inc (UAMM)

[dadeano]

Completely agree, problem was today wasn't really "news." Just confirmation of what us smart, longer term investors suspected was their business plan.

Company did this just because they didn't hit the 30 day time frame for name/ticker change. They probably wanted to announce the grow units, LED lights and plan for the websites after the name change, but they kept their end of the bargain up and kept investors in the loop regarding the 30 day time frame they previously laid out.

In summary:
- Today showed smart investors aren't going to let this drop and the float is getting tighter as cheap shares get into stronger hands.
- Company continues to respect investors, communicate regularly and stick to their plan. *this is key, this isn't a scam, "shell," or pump and dump.
- The slip (intentional or not) of mentioning Wanderport Corp leads me to believe a merger/acquisition is in the works, or they will be operating a marketplace where other companies can sell.

- Company's SS remains one of the best in the OTC.

- Yes- grow units, accessories and the MJ products on cannimedi.com will face competition, but company has shown it's going to reach in many directions in the MJ sector. UAMM has the competitive advantages of location in California, a CEO with connections and websites.

- Upside here is .10+, with how many directions they are going in their entry into the soon to be 10+ billion dollar industry. If they pull off a big time merger or acquisition, higher pps are very doable. Risk at this level is negligible. Great prices around .01 to enter, I believe it breaks over .02 when name change hits- most likely next week.