STOCK GOODIES PLAYS OF THE WEEK

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NEW BITCoin company $UAHC up +20% 0.47


Float 6,198,450 a/o Jun 02, 2017

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Aug 23, 2017 UAHC Ventures, LLC Partners with MGT Capital Investments, Inc. to Expand Bitcoin Mining Operations Press Release
Aug 23, 2017 MGT Capital Completes $2.4 Million Funding for Bitcoin Operations

NEWS: United American Healthcare Corp. (OTC: UAHC) announced on Wednesday that its wholly-owned subsidiary, UAHC Ventures, LLC , has partnered with MGT Capital Investments, Inc. by providing a $2 million investment to MGTI, the proceeds of which will be utilized by MGTI to further expand and develop its Bitcoin mining operations. "Today we see Bitcoin and related-mining activities as a promising and fast-growing segment of the digital currency sector. Accordingly, we've identified MGT Capital Investments, Inc. as a leader in Bitcoin mining that is uniquely poised to capture market value as it expands its mining operations. As our commitment to making strategic investments through UAHC Ventures continues, we will further explore potential value-adding opportunities in the digital currency space, as they present themselves," said John Fife , CEO of UAHC Ventures, LLC .


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Total assets $ 9,4 M

Total Current Assets 3,2 M

Accounts payable only $228 K

Three Months Ended Six Months Ended June 30 - Contract manufacturing revenue $ 2,7 M

Six Months Ended June 30 - $5,2 M

Net Income 936K ; 1,6 M

Net income per common share $ 0.02

Percentage Ownership of
UAHC Common Stock
as of 08/23/17
St. George Investments LLC
(“SG”)
John M. Fife (95% owner
of SG)
Red Cliffs Investments
Inc (5% owner of SG)
88.61%

Aug 24, 2017 Quarterly Report - United American Healthcare Corp Q2 FY17

https://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=178014