United American Corp. (UAMA)

[65actual]

The closer you look, worse UAMA appears.
Serial failures of business after business that complicit posters would have you forget.
Convicted criminal CEO management doesn't want to acknowledge. They never did properly disclose to SEC and shareholders CEOs convictions and his undischarged bankruptcy status for over ten (10) years.
His business failures include Jitec, Inelco, Teliphone, Navigata, Westel, TNW Wireless, TNW Networks, etc.
Never did solve the Quebec Court Order to shut-down miners. It is reasonably believed that UAMA et al stopped mining and decided to lease/rent miners to other actual miners (not all old processing power rented) and we learned that UAMA et al actually renting space to ag users for unknown use. Suspect this changes in business model to side-step the Quebec Court Order and obtain some cover.
Failed to make good on patent litigation. A big zero with no court wins and no license agreements or income. Of course it could be patents worthless!
Anti-trust litigation appears to have died as key counsel resigned in late December 2020.
Management never forthcoming about any of this as it shines a light on their mismanagement and incometence.
TNW Wireless was a decent opportunity that was totally mismanaged by Benoit Laliberte. His ego got in the way and he turned that company into the laughing stock of the Canadian wireless industry. Ask around.
UAMA is quickly running out of options. Wireless dead and no opportunity for comeback. Patent litigation dead in the water. Anti-trust litigation vs Bitmain et al has apparently died. Maybe they can make a go outing of renting out old miner-processors though maybe that short-lived. New more powerful processors now the norm and UAMA doesn't have the capital to upgrade. Maybe ag rentals keep the doors open. Not much left other than to start growing marijuana in the Domes.