United American Corp. (UAMA)

[65actual]

UAMA 1Q-2021 financials. Likely not sustainable!

Earnings not sustainable.

Look at operating expenses. Got few staff working for nothing it appears. Is that sustainable?

Don't see evidence they are paid in stock so that's all very telling in itself.

MVNO progress not stated. Maybe they've figured out they can't pursue that without serious capital and talent influx. Lawry and Benoit known nothing about wireless especially in the sales-marketing-distribution relm. So MVNO will be stalled on the starting line until they get significant capital and find talented people who actually know what they're doing.

Blockdomes still dealing with land-use and issues with local power company. No update on these issues found and no resolution. It would appear that operating the Blockdomes, is likely being done in contempt of Court Order.

The rental of Blockdomes the only signs of revenue and if the Quebec Court or the local power utility took action that could put operations and revenue at significant risk. Sound sketchy? Look back at the history of UAMA et al. Everything these guys touch seems to suddenly become compromised. Clowns? Maybe. Remember Lawry Trevor-Deutsch and Benoit Laliberte have never built a business of lasting value. Its all fluff and fakery!

At UAMA byword seems to be, "the illusion of progress is our most important product".

On regulatory AMF Cease Trade Order in Canada seems "sticky" and they aren't likely to lift it anytime soon. All same with OTC Markets? Don't know but OTC Markets "flag up" on UAMA as it has been for most of past year or so. That also seems "sticky". Why? Maybe Benoit Laliberte's past actions like failure to report his own bankruptcy status and the $47M CCAA Proceedings (bankruptcy in Canada) of Teliphone-Navigata-Westel motivate them to stay their ground. Both are clearly material information. It is believed both agencies along with the SEC and State of Florida AG are fully familiar with the fraudulent misrepresentation in Pink disclosure documents of 2019.