United American Corp. (UAMA)

[65actual]

UAMA stagnant, no news, no progress!

Blockdomes said to be in trouble. Even latest quarterly reports admit to on-going land-use violation and related problems. Apparently also troubles with power utility which forced Blockdomes (or Cetaq et al) to file for creditor protection. It's in the latest quarterly and YE for 2020 reports.

As Blockdomes appears to be major source of dwinding revenues an update is needed.

TNW Wireless seems a dead duck. Wholesale business model failed on the launch pad despite having roaming agreements with AT&T, Sprint, T-Mobile and Verizon and talks underway with Bell. The acquisition of RuralCom was botched. Benoit Laliberte, UMA CEO and his Lawry Trevor-Deutsch have no relevant wireless experience, no industry contacts and have never built a bustiness of lasting value.

In latest filings there's mention of becoming an MVNO. That will never happen as they don't have the talent, experience, connections or capital which basically makes it a nothing.

Having built the largest cellular resale organization in the US, I can say with some authority that TNW Wireless, UAMA et al will never, ever build a successful MVNO in Canada.