United American Corp. (UAMA)

[65actual]

UAMA management didn't understand wireless!

Ego-driven efforts have never served UAMA, Investel, et al.

Serial failures all.

• Patent litigation went nowhere after 4 years.
• Anti-trust litigation v Bitmain et al went nowhere, counsel quit UAMA at end 2020.
• Defamation suit against RuralCom CEO went nowhere, except UAMA TNW counsel sued TNW for assumed non-payment.
• Patents were a joke. No pilot projects or proof-of-concept and never saw a licence agreement with anyone. Patents just another fraud perpetuated by UAMA, Investel et al.
• Benoit Laliberte turned TNW Wireless into laughing stock of Canadian wireless scene.
• Laliberte led Teliphone-Navigata-Westel into $47M bankruptcy which gutted asset base.
• Quebec Court ordered shut-down of Blockdomes and restoral of property to agricultural use.

More telling are signs that UAMA has no working capital.

Wireless, especially broadband, is on fire in Canada and full of opportunity for new players. Where's UAMA? Nowhere to be found.

Anybody notice that usual stream of BS press releases ceased over a year ago? No more grandiose statements about massive cryptocurrency mining operations and no more BS about iPCS.

All signs that UAMA has no future. Convicted criminal CEO (so labeled by The Canadian Press) can't raise money!