Bitcoin rolls on, UAMA on death-watch!
Pure fraud in thinking UAMA is in any way a going concern capable of recovery and the association with Bitcoin and UAMA is wishful thinking taken to the extreme. A fairy tale!
Look at the facts, UAMA is DEAD!
(1) No reports in over a year! No public company hides good news or positive results!
(2) Unannounced and covered up $47M BANKRUPTCY of largest telecom operating assets has been gutted with nearly all assets and employees GONE! Meanwhile Benoit Laliberte issued written threats to an Officer of the Court and has millions $$$ in unremitted EMPLOYEE WITHHOLDING TAXES owed to the CRA. Maybe these will bring criminal charges to add to Mr. Laliberte's record.
(3) TNW Wireless Inc. has totally failed and likely the largest missed opportunity of all. When RuralCom bought roaming agreements in place and former CEO had financing arranged to expand as business was "market-ready". Laliberte terminated the CEO who was the only one in management with wireless industry knowledge and contacts. Laliberte thought he'd do an end run with the former CEO's funding sources and they showed him to the door. Funny, institutional investors wary of funding business run by a convicted criminal (per The Canadian Press).
(4) UAMA et al's cryptocurrency mining operations nothing more than a high-school science class experiment. Technology nobody wants from a company nobody trusts! It is believed that Woodland (sp?) or the company sub-contracting mining to UAMA et al has cancelled or terminated their agreement. Rumors don't say though maybe Quebec Court Order to shut-down miners and return the land to specified pure agricultural use may have been more than Woodland or whoever wanted in terms of liability. Operating in CONTEMPT OF COURT is never a good path.
(5) Patent and anti-trust litigation cases have produced any results in over four (4) years! Just all part of the fraudulent efforts to try and create a "larger than life" picture of UAMA et al. Latest in anti-trust case was the exit of key legal counsel approved by the Court. No proof though, IMHO, he walked when Mr. Laliberte failed to pay legal fees as per retainer agreement. Mr. Laliberte is apparently good at breaching contracts and his propensity for this even caused a Judge from the Supreme Court to go on the record saying it appeared that the Mr. Laliberte makes a practice of this in his business dealings.
Looking to the future and predicting what to expect from UAMA is not encouraging if you rely on past performance of either the business or it's management team. Mr. Laliberte and his team of miscreants have NEVER built a business of lasting value.
Ordinarily companies can make comebacks though UAMA's biggest problem is the convicted criminal label bestowed upon him by The Canadian Press. With the CEO so labeled it make raising capital for any purpose nearly impossible.
As to the "success by association" posts from other pathetic supporters of this fraudulent enterprise there is absolutely no connection between the phenomenal success of Bitcoin and the abysmal state of affairs and failures at UAMA.
So at the end of the year it's likely safe to assume that the financials are a mess that revenues have dried up, or at best dwindled to a trickle, assets are essentially gone and all that's left is Messrs Laliberte and Trevor-Deutsch. Even Mr. Cote the Chairman has chosen to exit.
UAMA's outlook is bleak by any measure!
