United American Corp. (UAMA)

[65actual]

Terrible UAMA performance in 2020. Results to prove it.

Started the year with cancellation of mining arrangement with Woodland, though they didn't release that as "material information". Chose to focus on one-time gain of abandonment-in-place of outdated miners that aren't up to the job since "halving". Without the $1.4M one-time gain from the "free old hardware" earnings would be solidly negative.

Didn't see anything about wireless and that's typical from these fraudsters when they are trying to bury their mistakes and blunders. Safe to assume TNW Wireless is too dead to mention. Likely just a matter of time before ISED Canada revokes their cellular spectrum licenses. For the record they are ignoring hot broadband market in rural Canada and US. NO revenue, no earnings from wireless and could have been quickest and biggest upside generating $40-60M in revenue and 40-60% EBITDA by now if they had built on marke-ready RuralCom. Wireless a total and complete failure.

Add patent litigation to the failed initiatives.

Ditto Anti-trust litigation against Bitmain et al.

So mining or renting miners and renting to ag customers is now the only game in town for UAMA.

To understand how insignificant UAMA is compare to HUT 8 another Canadian miners who knows how to mine efficiently.