Sunday, April 25, 2021 4:11:28 PM
Serial failures of Benoit Laliberte! UAMA is latest!
Read 2020 Annual Report to see how bad things really are!
No working capital and examples of failed initiatives and policies everywhere.
Mr. Laliberte is a wonderful clown and a really bad manager.
He has never managed to create any business of lasting value.
In fact, he has a long track record of failures from Jitec, to the $47M bankruptcy of Teliphone-Navigata-Westel, to TNW Networks, TNW Wireless and a host of numbered companies.
Abundant evidence of fraud and attempts to deceive investors. From fraudulent SEC and Pink filings to his failure to divulge his personal bankruptcy and $47M bankruptcy of Teliphone-Navigata-Westel as "material information" in public filings before the SEC (when Inelco and Teliphone were listed on NASDAQ and before delisting). Plenty of evidence of fraud surrounds Benoit Laliberte and, in a perfect world, he would have gone to jail for his convictions on 44 counts of stock fraud, market manipulation and deceiving investors back in 2008 and 2009.
UAMA is, in keeping with his track record, failing fast. It has no working capital, is losing money on operations and it's Blockdomes aren't making money.
Any real company would have fired Mr. Laliberte long ago. He's proven his lack of management talent and his incompetence as a business leader well beyond any doubt!
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