United American Corp. (UAMA)

[65actual]

UAMA in deep financial distress. Read 2020 report!

After reading the report you'll understand why they were obligated to disclose "going concern" worries.

Look at revenues and note "one time" inclusion of miners abandoned by former mining client (Woodland-Vancouver?)

If you ignore the credit for old processors which likely have much, much lower realm value, UAMA et al suffered a significant loss on Blockdome operations in 2020. Not surprising since they shut-down miners for some period of time then restarted Blockdomes only renting them to others.

It is believed that the main reason to act as landlord was a thinly-veiled attempt to side-step the potential operations of Blockdomes in direct contempt of Court Order.

Bitcoin could go to $100K and it won't help UAMA as they are no longer and miner and there is no connection between Bitcoing value and acting as a landlord renting out Blockdomes.