United American Corp. (UAMA)

[65actual]

No future for wireless at UAMA! None!

Wireless initiatives total failures at UAMA!

They blew opportunity to build $40-60M wholesale carrier back following the purchase of RuralCom back in 2017. RuralCom had it all including spectrum licenses, roaming agreements, a working 3G network with path to 4G, a highly experienced CEO with the ability to raise capital.

Screwed up by Benoit Laliberte who figured he'd fire the RuralCom CEO and go straight to the documented investors. Needless to say they bolted and the business failed for lack of direction and needed capital.

It seems like failure is in the DNA of Benoit Laliberte!

Now the latest quarterly reports and financials are suggesting that UAMA is looking at launching an MVNO. Given the past failures and total lack of the needed skill-sets and capital this is simply a pipe-dream which will predictably fail on the launch pad.