United American Corp Announces Release of Current Financial/Disclosure Information and Compliance with OTCMarkets
December 21 2017 - 11:41AM
InvestorsHub NewsWire
Miami,
FL. -- December 21, 2017 -- IncestorsHub NewsWire
-- Miami-based United American Corp (“UnitedCorp”, the “Company”),
(USOTC: UAMA),
is pleased to announce that on December 13, 2017s filed all current
financial information with OTCMarkets including audited financial
statements for fiscal years 2015 and 2016 and interim statements
for September 30, 2017 as well as a current Pink Basic Quarterly
Information Disclosure Statement. Company is now fully compliant
with OTC Pink requirements and as a result OTCMarkets has resumed
display of UAMA quotes on the exchange.
On December 20, 2017
UnitedCorp also submitted an application and initial disclosure for
a listing on the OTCQB Exchange under the Alternative Reporting
Standard. Contained in the disclosure’s operational plan, is the
Company’s decision to continue development of a new blockchain
technology based on the Public Switched Telephone Network (“PSTN”).
The Company will disclose shortly, more details on its operational
plan. The Company will also continue to enforce on infringement of
intellectual property rights in the US and Canada by way of
litigation against Snap Inc. (NYSE: SNAP)
for Snap’s infringement of iFramed social media posting
technology
.
About United American Corp
Established in 1992, United American Corp is a Florida-based
development and management company focusing on telecommunications
technologies. The company currently
holds the rights to manage a portfolio of patent and proprietary
technology in telecommunications, social media and more recently in
Blockchain PSTN technology
This news release contains
forward-looking statements that are subject to various risks and
uncertainties. The Company's actual results could differ materially
from those anticipated in such forward-looking statements as a
result of numerous factors that may be beyond the Company's
control. Forward-looking statements are based on the expectations
and opinions of the Company's management on the date the statements
are made, and the Company assumes no obligation to update
forward-looking statements should circumstances in management's
expectations or opinions change.
Source:
United American Corp
Contact:
Jenna Trevor-Deutsch
Investor Relations
investorrelations@unitedcorp.com
United American (CE) (USOTC:UAMA)
Historical Stock Chart
From Apr 2024 to May 2024
United American (CE) (USOTC:UAMA)
Historical Stock Chart
From May 2023 to May 2024