|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.105 - 0.108|
|52 Week Range||0.030 - 0.345|
|Beta (3Y Monthly)||2.49|
|PE Ratio (TTM)||5.10|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MIAMI, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Miami-based United American Corp ("UnitedCorp") (OTC: UAMA) is pleased to announce deployment of the final 1,000 miners in its first BlockchainDomes Heat Campus for a total of 5,000 miners online totaling of 8.5 megawatts of power and producing of 25 million BTUs of heat and 60 million cubic feet of hot air displacement per hour in the four BlockchainDomes. The Company's first BlockchainDome Heat Campus is now effectively operating at capacity. "Now the campus is operating at capacity and with the technology proven and the construction and deployment processes fully developed, we can continue our plans to expand to a second site.
MIAMI, Nov. 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Miami-based United American Corp ("UnitedCorp") (OTC: UAMA) is pleased to announce the completion of its third BlockchainDome and the full commissioning of 1,500 additional miners for a total of 4,000 miners (6.2 megawatts total and additional 7.5 million BTUs of heat) now in service in three BlockchainDomes. This includes even more emphasis on in-house or sub-contracted prefabrication of more of the BlockchainDome components than in previous domes, resulting in lower costs, higher quality and consistency of product and the ability to inventory BlockchainDome components for overall more rapid deployment. This outcome was important to the Company as it showed that the BlockchainDome can be easily adapted to different server configurations through its flexible manufacturing process and confirmed that once site infrastructure is in place, BlockchainDomes can be deployed in a matter of weeks.
MIAMI, Oct. 31, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Miami-based United American Corp ("UnitedCorp"), (OTC: UAMA) is pleased to announce that it is working with TNW Wireless Inc. ("TNW Wireless") to plan the upgrade of TNW Wireless' network in Canada in order to provide next generation mobile technology with iPCS and 5G services. The plan will see each TNW Wireless site upgraded with four high gain/high power flat panel antennas, and each 90 degree panel will be individually connected to a 40 watt (2x20W) radio. This unique and very high density configuration will increase the coverage area using TNW Wireless' 850 MHz spectrum and 25 MHz of bandwidth.
Miami-based United American Corp ("UnitedCorp") (OTC: UAMA) is pleased to announce the completion of its second BlockchainDome and the full commissioning of 1,500 additional miners for a total of 2,500 miners (3.8 megawatts) now in service in two BlockchainDomes. Pre-installation of 1.5 megawatts of electrical service for adjacent greenhouses heated by the BlockchainDomes is now also complete. Construction logistics have also been refined to include pre-installation of foundations and utilities for future domes resulting in overall lower construction costs and shorter construction timelines.
While the Company is actively developing its business plan in all three areas, operations for the second quarter focused primarily on the implementation of BlockchainDomes which is reflected in its revenue stream for the quarter. Revenue for the quarter is based on 1,000 miners hosted over approximately two months out of a total of 5,000 miners that are being deployed progressively to November 2018. "We are very pleased with the progress of our operations and the resulting significant improvement in our financial position as well as our first profitable quarter since commencing commercial operations in April this year," stated UnitedCorp CEO, Benoit Laliberte.