$UAMM News out today: UA Multimedia Inc. Launches
Post# of 47038
UA Multimedia Inc. Launches Cannabis Industry Specific Advertising Portal (http://www.marketwired.com/press-release/ua-multimedia-launches-cannabis-industry-specific-advertising-portal-mj-circle-otc-pink-uamm-2231187.htm)
INVESTORS SNAPSHOT (update August 23, 2017):
1. Share Structure:
- O/S: 375,649,947 O/S (30 million shares retired in August 2017)
- Float: 260,304,163
- No change in share structure since 2013
- Zero debt, zero convertibles, zero preferred shares
2. Business:
- 3 Websites:
MJ Circle http://mjcircle.com
Cannaxa.com
Cannamedi.com
- Craigslist-type new online cannabis advertising portal - MJ CIRCLE
- Cannaxa branded indoor turn-key grow stations and related accessories – will be sold on Amazon, their websites and other e-commerce sites
- Developing and sourcing top-quality CBD health and wellness related products
3. Location:
- Irvine, California (heart of 2018 Legal Marijuana Boom)
4. CEO:
- Thu Pham – significant connections in the marijuana industry including a member of the Board of Directors of Sipp (SIPC) and connections to Wanderport (WDRP)
5. Catalysts:
- MJ Circle
- 30 million shares retired
- Aforementioned Cannaxa.com and Cannamedi.com websites to go live prior to September 30th
- Marketing and PR campaign for grow units, accessories and websites
- Unveiling of "Craigslist-type" cannabis based site
- Release of CBD product line on websites
- Grow units and accessories to be placed on sites, plus Amazon and other e-commerce sites
- Revenues to begin from sales
- MJ sector wide run up to California legalization, UAMM is based right in Irvine. Should be a huge boost for traffic to Craigslist-type MJ site.