This one has great potential and soon, I'm thinking 100%/200% easy.(then again i hate predicting)
Float is 16 million. It is currently moving off its bottom.
The last Quarterly report announced the acquisition of a company, also announcing the shares would be spun off to shareholders. None of this has been written about in the news. Most people are too lazy to read the reports.
The next quarter should also show this company is profitable. (not many pennies can say that)
When the announcement does come, with this float, the stock will fly. We all know how everyone loves spinoffs, aquisitions and profits.
I DD'd this one a couple days ago... I found it while doing some DD on another VoIP company.
Financials are pretty good for a startup, and with the low float, it should move with little buying pressure.
I just got some today! Posted by keithsan on :
good call DAD,
been watching this one since the 10q for a nice time to buy
Posted by FatherOfTwo on :
Here is that last PR:
United American Corporation Wishes to Update its Shareholders on Recent News United American Corporation (OTCBB:UAMA) wishes to update its shareholders on numerous issues pertaining to its recent growth in business volume and spin-off of its Teliphone Inc. subsidiary.
United American Telecom Increases Revenues
United American Telecom is pleased to announce that its recent increased investment in additional termination capacity on its CaribbeanONE(TM) network has achieved over $400,000 monthly revenue last month, an increase of 40% over previous estimates.
United American Telecom is also pleased to announce that it has finalized the necessary upgrades to its web-based billing platform in order to begin distribution of its HaitiDIRECT(TM) pre-paid card to retail customers. First deliveries to the 5,000 + retail points of sales will commence as early as September, 2005.
Teliphone share dividend to UAMA shareholders
The spin-off of Teliphone has been completed. UAMA shareholders are owners of 24,038,462 shares, or 79% of OSK Capital II Corp (whose name will change "Teliphone Corp." upon shareholder and regulatory approval). These shares are being held by United American Corp. for the time being until Teliphone becomes financially independent and no longer requires additional financing from UAMA. UAMA management feels that this is in the best interest of shareholders and for the long term viability of Teliphone and the growth of its share value. UAMA intends to preserve its original May 30th, 2005 shareholder of record date for the upcoming payment of the special dividend to UAMA shareholders of the Teliphone shares.
Teliphone News
Teliphone now E-9-1-1 compliant
Teliphone is now offering FCC (Federal Communications Commission) and CRTC (Canadian Radio-Television and Telecommunications Commission) E-911 compliance to all of its customers. For additional information, please visit http://www.teliphone.us .
Teliphone now offers Dominican Republic Phone Numbers
Prospective customers can now order Teliphone service with a Dominican Republic (DR) phone number, offering the following benefits:
- A caller in the DR can reach DR Teliphone customers anywhere in the world by dialing a local call.
- Customers in the DR can pay as little as $29.90 per month and have unlimited Continental US & Canada calling.
This represents a very exciting opportunity for Teliphone as there are over 2 million DR ex-patriots living in the US & Canada who will see tremendous cost savings to their monthly phone bill should they subscribe to this new service. Teliphone intends to aggressively market this new service offering to local DR communities throughout the US & Canada.
Teliphone / OSK Capital II Corp. NASD OTCBB trading
Management is now finalizing its consolidated financials with OSK, which will be filed shortly in an 8-k. Following this last disclosure, management will file its 15C-211 to seek regulatory permission to begin trading its shares. In the interim, Teliphone is raising bridge financing to invest in promotion and growth of its customer base. Interested investors are encouraged to contact investorrelations*teliphone.ca .
Teliphone Investor Relations Web Site
Interested investors and shareholders wishing to receive Teliphone Corporate newsletters are encouraged to register their e-mail address at http://www.teliphone.us .
About United American Corporation
United American Corporation is a holding and management company focusing on next generation Voice over Internet Protocol (VoIP) based telecommunications. The organization has recently spun-off its VoIP services company, Teliphone Inc., where shareholders received a property dividend of the new corporation. The company is now focused on growing its new flagship subsidiary, United American Telecom, with operates CaribbeanONE(TM), a state-of-the-art International telecommunication route & gateway. For more information, visit the company website at www.unitedamericancorp.com.
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.
United American Corporation (OTC Bulletin Board:UAMA)
United American Corporation Investors Relations (514) 313-5960 investorsrelations*unitedamericancorp.com
Posted by Jelly on :
This looks awesome. Just got some after doing some DD on. Good stuff Keith! Nice find!
Posted by FatherOfTwo on :
First resistance is .06, then .08!
100-200% is a definite possibility here! If they would just announce the pay date on the divy! Posted by keithsan on :
i see .06 as weak resistance becuase of that low volume on the way down.
.10 x .11 is pretty strong but when we get that date....BOOOOOM!
Posted by FatherOfTwo on :
Keith have you by chance contacted the company to inquire when we will get the next update???
Posted by FatherOfTwo on :
L2's:
Bid 2 at .057 Nite
Ask 1 at .059
You can get 15 minute delayed L2's at www.4lfs.com Posted by keithsan on :
quote:Originally posted by FatherOfTwo: Keith have you by chance contacted the company to inquire when we will get the next update???
called for the float but not next news, figured they'll wait till after the holidays.
Posted by FatherOfTwo on :
Nite just jumped on the bid... watch out now!
Posted by Thorn on :
quote:Originally posted by FatherOfTwo: You can get 15 minute delayed L2's at www.4lfs.com
i figured there'd be a lunch time dip especially with the holidays coming but .06 is ask and HOD.
Posted by one2watchny on :
I'm in .....let's get going Posted by FatherOfTwo on :
I also am noticing that they did a mirror trade with .0001 difference!
I suppose the MM's don't really have many shares in stock and are going to be matching buys to sells and/or raising it up!
Posted by keithsan on :
HEY DAD,
8k out now! timing is everything :)Entry into a Material Definitive Agreement
On December 7, 2005, our majority-owned subsidiary OSK Capital II, Corp., through its wholly owned subsidiary, Téliphone Inc., a company duly incorporated and existing under the laws of Canada, entered into, a Customer and Asset Acquisition and Software Licensing Agreement with Iphonia Inc., a Quebec corporation and Telicom Inc., a Quebec corporation, (the “Agreement”). The Agreement requires transfer of Iphonia Inc.’s clients and services to Téliphone Inc along with the sale of various telecommunications equipment.
We guaranteed the monthly payments required by Section 4 of the Agreement and we will be liable for these monthly payments in the event that Téliphone Inc. fails to make these required payments to Iphonia Inc.
A copy of the Agreement is attached hereto as Exhibit 10.1.
Posted by aceyducey on :
is it too late to get in now?
Posted by FatherOfTwo on :
quote:Originally posted by aceyducey: is it too late to get in now?
Heck no!
Posted by aceyducey on :
how long of an investment are you thinking here? just today or into next week?
Posted by keithsan on :
quote:Originally posted by aceyducey: how long of an investment are you thinking here? just today or into next week?
till i get my spinoff shares!
Posted by one2watchny on :
quote:Originally posted by keithsan:
quote:Originally posted by aceyducey: how long of an investment are you thinking here? just today or into next week?
Item 1.01 Entry into a Material Definitive Agreement On December 7, 2005, our majority-owned subsidiary OSK Capital II, Corp., through its wholly owned subsidiary, Téliphone Inc., a company duly incorporated and existing under the laws of Canada, entered into, a Customer and Asset Acquisition and Software Licensing Agreement with Iphonia Inc., a Quebec corporation and Telicom Inc., a Quebec corporation, (the Agreement). The Agreement requires transfer of Iphonia Inc.s clients and services to Téliphone Inc along with the sale of various telecommunications equipment.
We guaranteed the monthly payments required by Section 4 of the Agreement and we will be liable for these monthly payments in the event that Téliphone Inc. fails to make these required payments to Iphonia Inc.
A copy of the Agreement is attached hereto as Exhibit 10.1.
SECTION 9 - Financial Statements and Exhibits
(d) Exhibits
Exhibits Description 10.1 Customer And Asset Acquisition And Software Licensing Agreement by and between Téliphone Inc, United American Corporation, Iphonia Inc. and Telicom Inc., dated December 7, 2005.
Posted by keithsan on :
no exdate yet. didn't need to hold since may. to get shares. Spinoff shares for UAMA shareholders is disucssed in 10q.
Posted by Jelly on :
The spin-off of Teliphone has been completed. UAMA shareholders are owners of 24,038,462 shares, or 79% of OSK Capital II Corp (whose name will change "Teliphone Corp." upon shareholder and regulatory approval). These shares are being held by United American Corp. for the time being until Teliphone becomes financially independent and no longer requires additional financing from UAMA. UAMA management feels that this is in the best interest of shareholders and for the long term viability of Teliphone and the growth of its share value. UAMA intends to preserve its original May 30th, 2005 shareholder of record date for the upcoming payment of the special dividend to UAMA shareholders of the Teliphone shares.
As posted by FatherofTwo, this reads that you had to own shares as of May 30 to get spinoff shares.
Posted by BuyTex on :
that's record date--ex date is what counts, CD...
Posted by CD's Money on :
The question is, "how far to ride this train?". I think it will continue up into next week.
Posted by lilpennypincher on :
Nice find Keithsan!
Posted by BuyTex on :
there we go--the gang's all here... Posted by Dustoff101 on :
Here everyboby is..I'm going in as much as $5000.00 when buying picks up..Thats a bit greedy, but liquidity should be there to handle buying and selling when it really takes off..
Good pick Keithsan!
Posted by BuyTex on :
i'm watching both threads, looking at a 10qsb for q ended 9-05...
Posted by Dustoff101 on :
Look at nite, I'll bet there is some liquidity in there at .05 on the ask.
Posted by Dustoff101 on :
Lets see if my buy goes thru, before he pulls it.The Turkey!
Posted by BuyTex on :
no L2s--whyn't you post 'em?
Posted by Phoenixx on :
yeah..I was wondering if it was real myself..
Posted by Jelly on :
1 on .052 (bid) 4 on .06 (ask)
Posted by Dustoff101 on :
Did you guys see that TURKEY in action! I got nothing! Bid at .05 ask .05
Now ask back at .06. Bid at .052
Posted by Dustoff101 on :
Somebody at least got 5000 shrs.
Posted by Phoenixx on :
bid 6 cents.
Posted by lilpennypincher on :
.065
Posted by BuyTex on :
looking good...
lil, gotchyur L2s handy?
Posted by lilpennypincher on :
1x.06 2x.055
1x.063 1x.068 1x.08
Hey Tex darlin'
Posted by keithsan on :
quote:Originally posted by BuyTex: looking good...
lil, gotchyur L2s handy?
won't need to worry about level 2 till monday or tuesday. .06 x .063 right now. This stock has a lot of good news coming and no resistance till .11
Posted by BuyTex on :
keith, unnerstood...liking this nice staircase, just curious about the lineup.
********
Lil, mil gracias, chulita...
Posted by lilpennypincher on :
welcome buddy!
Posted by keithsan on :
ask line up one at .063 one at .068 one at .08 and a bunch at .09 Posted by lilpennypincher on :
Keithsan, It's a beautiful thing
Posted by keithsan on :
the best part is friday volume with a holiday coming....
wait till the volume kicks in
Posted by lilpennypincher on :
Monday looks like a nice volume day from here!
Posted by one2watchny on :
what are we looking at 9 cents+ next week or more?
Posted by keithsan on :
quote:Originally posted by one2watchny: what are we looking at 9 cents+ next week or more?
looking for a minimum of .11 and more if they run the news off the 8k they announced today.
Posted by zropdj567 on :
when abouts next week?
Posted by lilpennypincher on :
Crap Keithsan.....I'm thinking more like .15/.20!
JMO!
Moved real nice on little! Super sweeeet pick Keithsan!
Posted by Dustoff101 on :
Years ago I remember an Old Wall Street analyst stating, quote:
" one way to judge the quality of a stock, is to judge the quality of the shareholders "
Well, there is some quality people from Allstocks in this stock,, holding and adding to their positions...'Nuff said.
Posted by lilpennypincher on :
here, here Dust. Was thinkin' that myself just a bit ago!
What a bunch we have here in this......nice to see.
Posted by Jelly on :
quote:Originally posted by Dustoff101: Years ago I remember an Old Wall Street analyst stating, quote:
" one way to judge the quality of a stock, is to judge the quality of the shareholders "
Well, there is some quality people from Allstocks in this stock,, holding and adding to their positions...'Nuff said.
I echo that.
Posted by BuyTex on :
funny--as I was booting up, I was thinking about PMing Master Keith how much fun it was today, running one with you guys...
Posted by keithsan on :
LIL,
.12 was just a resistance line, you know how fast those can be broken on some volume.
and being this is a penny that actually makes money.... Posted by keithsan on :
quote:Originally posted by BuyTex: funny--as I was booting up, I was thinking about PMing Master Keith how much fun it was today, running one with you guys...
there all fun unless they go down or DONT MOVE, I hate those the most. At least when they tank I know to bail.
Posted by lilpennypincher on :
lol..........greeing 100%.
Just tuggin' atcha' keith.
AND TEX.....yea man. It's been toooo long my friend!
Making bank with the best here!
Posted by FatherOfTwo on :
One thing about this stock that I am really liking is that it has enough volume to get out when I want, and I won't have to worry about it tanking the sucker like so many other low floaters. It appears to have sufficient liquidity that it will move easy, yet allow us to get out! I really hate those stocks that move 250% on less than 100k volume, because 10K volume in a sell, cause the sucker to drop like a rock!
Again.. nice pick keith! Posted by keithsan on :
quote:Originally posted by FatherOfTwo: One thing about this stock that I am really liking is that it has enough volume to get out when I want, and I won't have to worry about it tanking the sucker like so many other low floaters. It appears to have sufficient liquidity that it will move easy, yet allow us to get out! I really hate those stocks that move 250% on less than 100k volume, because 10K volume in a sell, cause the sucker to drop like a rock!
Again.. nice pick keith!
I love low floaters even with no volume, but they HAVE to be making money.
Thx.
Posted by Dustoff101 on :
Bump! Holding and accumulation stock folks! As mentioned, liquidity will come!
Posted by one2watchny on :
American Bulls,
UNITED AMERICAN CP Daily Commentary
Our system posted a HOLD today. The previous BUY recommendation that was confirmed was made on 09.02.2005 (106) days ago, when the stock price was 0.0470. Since then UAMA has gained 27.66% .
Are you eager to sell your shares? Well we say: “Stick to them for the moment!” Market mood is again bullish. Our SELL-IF alert is not confirmed. It is now null and void and should be ignored.
The current tag is HOLD and it already tells you what to do. Keep holding your stocks until the next signal. Did you already sell without waiting for the confirmation? Do not worry. Chance knocks the door twice. There will be good prices in the next session at which you can buy them back.
[MOTTO OF THE DAY] When the bulls are in action forget short sale Stay short or at cash and do not even dare Posted by lilpennypincher on :
WHOOOOO-HOOOOOO! I'm aboard! Not gonna' miss this train...TOOT-TOOT!
Posted by lilpennypincher on :
I'm liking the ASK on this.
one each at .063 .068, .08 And Nite sit's himself at .09!
NICE!
Posted by Jelly on :
Looking good!!!
Posted by keithsan on :
yep bid stacking up .063 will be gone soon.
Posted by keithsan on :
.065 x .0679
Posted by lilpennypincher on :
Yea, nice bid UT!
Posted by BuyTex on :
o lawzy--here we go with both threads again... Posted by lilpennypincher on :
oooooooooooooo.............this is soooooooooo NICE!
Posted by keithsan on :
.07 x .078 the best part is .068 is the HIGH LOL no bid whackers bids over the HIGH, she's a stong moooovoer, 1/4 volume of friday too.
Posted by lilpennypincher on :
Chuggg, Chuggg! Toot-TOOT!
Posted by Jelly on :
This sucker is ready to pop!
*sings* "Come on ride the train, it's the uama train"
Posted by keithsan on :
Definintion of a runner: Higher Highs, Higher Lows!
This think doesn't even pullback during lunch I'll assume well make a new high before End of Day and Close nicely again
Posted by lilpennypincher on :
SchWEEEEEEEEEET!
Posted by keithsan on :
Dip time.
looking for a move back up shortly.
Posted by keithsan on :
Closed at High of Day. up another 8%
Posted by Jelly on :
Anyone notice the sudden spike in volume today. ? 140000
bid and ask much closer than usual too .057 x .058
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)
![[Wink]](wink.gif)
the best part is .068 is the HIGH LOL no bid whackers bids over the HIGH, she's a stong moooovoer, 1/4 volume of friday too.