United American Corp. (UAMA)

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UAMA steeped in mediocrity. CEO is problem!

UAMA says will update vision and plans for future on April 5th.

Wow! I can hardly wait!

Benoit Laliberte is not a good planner or manager. His long list of failed companies is all the proof you need. Failures like Jitec, Inelco, Teliphone, Navigata, Westel, TNW Wireless, TNW Networks, Investel and soon UAMA. Notably Inelco and Telephone delisted following SEC action. We've seen the results of his bloated BS-filled press releases and reports before. Grandiose visions followed by mediocre results.

Notably, Mr. Laliberte or UAMA, Inelco, Teliphone never properly reported his convictions as material information. In fact, in 2019 Mr. Laliberte in his roles as UAMA President, CEO and CFO solely signed off on statement that he had no convictions in past ten (10) years. That's a falsehood and AMF managed, on appeal, to gain a Quebec Court decision finding Mr. Laliberte guilty on another three (3) charges in 2009.

At best expect a grandiose vision of the future with few specifics. Meaningless without a source of expansion capital and Mr. Laliberte's criminal convictions make it impossible to raise capital.

At worst an explanation how they expect results from those same actions that haven't worked for them in the past. You've heard it before and its definition of insanity.

UAMA is steeped in mediocrity and it emanates from the CEO.