United American Corp. (UAMA)

[65actual]

UAMA quit mining early 2020! Expect lower revenues!

Lawry Trevor-Deutsch said as much. In release he stated UAMA suspended mining operations in early 2020 due to the market.

Impact on revenues likely significant and expect drastically lower revenues for 2020.

Suspect the real story is UAMA transitioned to renting out the miners to other small operators in 2020 and that his the real story here. That kind of change can be expected to gut crypto currency mining revenues in 2020. He mentioned it in August 6, 2020 article and it totally changed the complexion of the cryptocurrency business for UAMA et al. From miner to landlord. A monumental change that will truly impact revenues. Expect a truly significant drop in 2020 revenues.

Can hardly wait to see those numbers.

They'll attempt to blame the pandemic but don't buy it. It just more of the BS that has spewed from this CEO and his cohorts for years!