NEWSROOM

UCASU

UCASU drops public offering plan and focuses on profit growth after $0.12 per share net income

  ATLANTA, GA, July 29, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announces today that the company will adjust its business strategy for the next 12 months, focusing on cash income and profit growth, instead of capital formation. UC Asset announced that it was seeking for an up-list to NYSE American or NASDAQ Small Cap, combined with a secondary public offering of approximately $10-30 million. The company confirms today that it is no longer the primary business goal for the next...

read more

UCASU sent out dividend checks to all shareholders that hold free tradable shares

  ATLANTA, GA, June 13, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) UC Asset LP (OTCQX: UCASU) announced today that all dividend checks to shareholders who held free tradable USASU shares by the end of 2021 have been processed and are expected to be mailed out in days. Shareholders should have received their checks before the end of this month. If not, they should contact the company at IR@ucasset.com. This applies to all shareholders who purchased UCASU shares from the open...

read more

UCASU to expand with cannabis properties in New York State

  ATLANTA, GA, June 01, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announced today the company is aggressively seeking cannabis property opportunities in the state of New York, by partnering with licensed local growers, vendors and other cannabis license holders. In the fourth quarter of 2021, UCASU rolled out a new business investment strategy highlighting interest in retaining cannabis properties to duplicate the success of other public companies, such as Power REIT (NYSE: PW)....

read more

UCASU announces 1st phase of renovations on Atlanta-based historical landmark

  ATLANTA, GA, May 25, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announced that it has been granted a permit by the city of Atlanta to start the first phase of renovations on the historic Rufus Rose House. “We’ve been looking forward to starting the restoration process,” says Greg Bankston, managing general partner of UC Asset. “Under this permit we will repair the power lines and install a temporary power pole. This will enable us to restore electricity to the property and...

read more

UCASU to deliver $0.10/share dividend in coming weeks out of $0.12/share net profit

  ATLANTA, GA, May 17, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announces that it will start to deliver $0.10/share dividend for its shareholders who held UCASU common shares by December 31, 2021. “Our shareholders can expect receiving checks in the coming weeks, since our 2021 financial statements have completed being audited, and we have filed our annual report on Form 1-K by the end of last week,” declares Greg Bankston, managing partner of UC Asset. For the year of 2021, UC...

read more

UCASU projects profit growth despite looming economic recession concerns

  ATLANTA, GA, May 11, 2022 -- McapMediawire -- At a time when many financial analysts are predicting an impending recession, global real estate firm UC Asset (OTCQX: UCASU) is pleased to restate that the company is positioned to deliver considerable profit growth over the upcoming years. “We are of course hoping against the projected recession many financial analysts are forecasting,” says UC Asset founder Larry Wu, “but we are relieved that, due to our forward thinking strategy of...

read more

UCASU to report 330% net profit growth and 73% operating profit growth for 2021

  ATLANTA, May 5, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) management announces that the company is expected to report better profit results for both its fiscal years of 2021 and 2020, after the Company switched its accounting method from fair market value accounting to historical cost accounting. Particularly, the company is expected to report an operating profit increase of 73% in fiscal year 2021 over fiscal year 2020. During the same period, the company is expected to...

read more

PURA Announces Hemp Growers Cryptocurrency Carbon Credit Plan

Dallas, Texas, April 26, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today released more details behind the company’s cryptocurrency initiative to connect hemp growers with the income potential from the carbon sequestering benefit of hemp cultivation. PURA recently published an update following the release of the company’s 2021 annual report.  The update centered on the company’s overall 2021 transition from a CBD beverage operation into a much more broadly focused industrial hemp...

read more

PURA Publishes 420 Holiday Shareholder Update On Latest Industrial Hemp Transition Developments

Dallas, Texas, April 20, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today published a shareholder update from CEO Brian Shibley. The update is included in its entirety below: Dear Shareholders: The closing of 2021, as reflected in our recently published 2021 annual report, completes our transition from a CBD beverage operation into a much more broadly focused industrial hemp company. The industrial hemp market is an exponentially larger opportunity than our previous CBD beverage...

read more

UCASU to report $0.12/share net profit and $0.15/share net equity increase for 2021

  ATLANTA, April 19, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) management announces that the company will likely report better profit results for both its fiscal years of 2021 and 2020, after the Company switched its accounting method from fair market value accounting to historical cost accounting. “We will likely report a $0.12 per share net income for the fiscal year of 2021, comparing to our previous projection of $0.10 per share profit,” declares Greg Bankston, managing...

read more

PURA New Industrial Hemp Business Sees Revenue Traction

Dallas, Texas, April 18, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today announced the company has published its 2021 annual report. “2021 was a transition year for PURA,” said CEO Brian Shibley. “Our 2021 revenue reflects the tail end of our transition from the CBD beverage business into our new industrial hemp business.  We are now on the verge of establishing revenue traction in our new business.” PURA is building its Farmersville Hemp Brand as a multi-industry disruptor that...

read more

PURA Schedules Shareholder Update To Follow 2021 Annual Report

Dallas, Texas, April 14, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) Puration, Inc. (OTC Pink: PURA) today announced the company has scheduled a shareholder update to be published next week on Wednesday, April 20, 2022.  The update will follow the imminent publishing of the 2021 annual report. PURA is building its Farmersville Hemp Brand as a multi-industry disruptor that can improve many existing products and services and at the same time contribute notably to the 2050...

read more

UCASU may report more profits for both 2021 and 2020 upon changing accounting

  ATLANTA, April 4, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) management announces that the company may report better profit results for both its fiscal years of 2021 and 2020, after the Company switched its accounting method from fair market value accounting to historical cost accounting. Previously, the Company reported close to zero profit for fiscal year 2020, and it projected a $0.10 per share operating profit ($0.13 per share net equity gain including the gains from...

read more

UCASU to partner with seasoned cannabis growers for $50 million cannabis portfolio

  ATLANTA, March 21, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announces the company is launching a program to form investor-grower partnerships with seasoned cannabis growers, who are licensed in their own states to grow hemp, medical cannabis or recreational cannabis plants, to work on UC Asset’s cannabis portfolio properties that are expected to expand to $50 million. “Since we started our cannabis investment strategy in the fourth quarter of last year, we have signed three...

read more

PURA Farmersville Hemp Brand Backed By Up To $10 Million UCASU Commitment

  Dallas, TX, March 02, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) has introduced its Farmersville Hemp Brand strategy to usher industrial hemp solutions into the market. UC Asset LP (OTCQX: UCASU) today released highlights on the company’s 2021 unaudited financial results to include plans for a $0.10 per share cash dividend and a 150,000 share buyback (5,485,025 Outstanding). The financial news published by UCASU today also confirmed UCASU’s deal to back PURA real estate...

read more

UCASU announces unaudited $0.13 per share net gain for 2021 and confirms $0.10 per share dividend

  ATLANTA, March 02, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) management team announces that the company’s unaudited financial report shows a $0.13 per share net gain for the year of 2021. This falls into the mid-range of the management’s earlier projection of $0.10-0.15 per share net profit. “Our net equity grew to $1.72 per share pre-dilution by end of the year 2021, from $1.58 per share by end of the year 2020, representing a $0.14 per share net gain over 12 months,” claims...

read more

PURA Farmersville Hemp Brand Potential Fueled By Over 20,000 Confirmed Hemp Growers Surveyed By USDA

Dallas, Texas, Feb. 18, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) has launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp. Yesterday, the U.S. Department of Agriculture (USDA) published the first ever...

read more

PURA Confirms Farmersville Hemp Strategic Update Scheduled Next Week

Dallas, Texas, Feb. 17, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today confirmed the company will publish a report next week on the company’s progress to date on the execution of its 2022 strategic plan. The update will be published on Tuesday, February 22nd. PURA anticipates generating at least $1 million in revenue in 2022 with the potential to reach $10 million in revenue. The $10 million revenue opportunity outlook is improving based on the recent progress of PURA’s co-op...

read more

PURA Positions Farmersville Hemp As A Global Brand Targeting $18 Billion Market

Dallas, Texas, Feb. 16, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today emphasized that the company’s new Farmersville Hemp brand is a global brand.  PURA management pointed out that the U.S. today is only a small fraction of the global hemp market currently dominated by the Asia Pacific region. Last year, PURA launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to...

read more

PURA Compares Industrial Hemp Valuations To Mining Stocks When It Comes To Sustainability

Dallas, Texas, Feb. 15, 2022  -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today compared the mineral mining market to the industrial hemp market in regard to the U.S. 2050 net zero carbon emissions objective. An article published yesterday covering the impact on mineral mining from the net zero objective, highlighted the increased demand for metals required for electricity storage and transmission.  The increased demand from sustainability requirements is not yet estimated into the...

read more

PURA Industrial Hemp Business Positioned To Benefit From Hemp Advancement Act of 2022

Dallas, Texas, Feb. 14, 2022 -- McapMediaWire --  Puration, Inc. (OTC Pink: PURA) retooled its experience with hemp last year to take on a much larger opportunity in 2022. PURA has launched an initiative to expand the utilization of hemp worldwide under the brand name Farmersville Hemp. PURA is building a co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name...

read more

PURA Prepares For USDA National Hemp Report As Hemp Grain And Fiber Value Grow

Dallas, TX, Feb. 02, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) has launched co-op of hemp growers and processors to raise market awareness around the multitude of yet to be realized uses of hemp and build a brand name to benefit all co-op participants under the name Farmersville Hemp. PURA management today highlighted a recent article titled Hemp Industry Pivots Toward Grain and Fiber as a good indication that PURA’s Farmersville Hemp branding strategy is well-timed. PURA...

read more

PURA Farmersville Hemp Nutraceutical Partnership With PAOG Featured In PAOG Update

Dallas, TX, Feb. 01, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today announced the company’s Farmersville Hemp Nutraceutical partnership with PAO Group, Inc. (OTC Pink: PAOG) was featured in PAOG’s recent 2022 Strategic Update. PAOG To Expand CBD Nutraceutical Sales In 2022 And Continue Pharmaceuticals Development PURA anticipates generating $1 million in revenue in 2022 with the potential to reach $10 million in revenue this year. The $10 million revenue opportunity is enhanced...

read more

PURA Announces Solar Powered Enhancement For Farmersville Hemp Complex

  Dallas, TX, Feb. 01, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today announced the company’s Farmersville Hemp complex will be solar powered in conjunction with PURA’s overall plans to market the environmental sustainability benefits of hemp-based solutions. PURA recently published a 2022 strategic overview detailing the company’s plan to grow revenue and increase shareholder value by driving market wide demand for the “multitude of yet to be realized uses of hemp.” PURA...

read more

UCASU signed LOI to acquire second cannabis property

  ATLANTA, Feb. 01, 2022 -- McapMediawire -- UC Asset LP (OTCQX: UCASU) announced the firm has signed an LOI to acquire a second Oklahoma cannabis property, for a consideration of $440k. The property is a 5-acre licensed cannabis growth facility, including 2 grow buildings and a single wide trailer.     UC Asset has engaged a licensed grower who will likely lease the property once it is officially acquired. According to the grower, operations from this facility may generate a gross...

read more

PURA Farmersville Hemp Partnership Income Potential Enhanced By ALKM Progress

  Dallas, TX, Jan. 20, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today highlighted the recent progress of Alkame Holdings, Inc. (OTC Pink: ALKM) in light of PURA’s 5% stake in ALKM. Earlier this week, PURA published a 2022 strategic overview detailing the company’s plan to grow revenue and increase shareholder value by driving market wide demand for the “multitude of yet to be realized uses of hemp.” PURA is building a marketing co-op under the brand name “Farmersville...

read more

UCASU may close its 1st cannabis property at 77% off marked price

  ATLANTA, Jan. 19, 2022 -- McapMediaWire -- UC Asset LP (OTCQX: UCASU) announces the company is finalizing the acquisition of a piece of cannabis property in Oklahoma City, at the price of $500,000, which will be 77% less than the original marked price of $2.2 million. The property is a 4-acre medical marijuana indoor/outdoor property, including several buildings, greenhouses, and remodeled containers. Annual output may generate sales between $500,000 to $900,000 if leased to a seasoned...

read more

PURA Aims To Modestly Extract $10 Million This Year From $18 Billion Hemp Industry Establishing A Foothold In A Much Larger Opportunity

Dallas, TX, Jan. 18, 2022 -- McapMediaWire -- Puration, Inc. (OTC Pink: PURA) today published a 2022 strategic management overview of the company’s plan for an anticipated $1 million in revenue with the potential to reach $10 million in revenue this year. The overview published today will be followed up over the next several weeks with additional management presentations covering more detail on each of the major overview components highlighted in the presentation below: Driving Demand For The...

read more

UCASU speeds up annual filing for faster distribution of $0.10/share dividend

  ATLANTA, Jan. 18, 2022 -- McapMediaWire -- UC Asset LP (OTCQX: UCASU) management announces the company will expedite preparation of its 2021 annual financials and filing (Form 10K), in order to distribute the 2021 dividend at earlier time. “The legal deadline for our annual filing is March 31,” explains Greg Bankston, managing general partner of UC Asset. “We will not be able to distribute our 2021 dividend until our books are fully audited. So we’ve decided to expedite compositing and...

read more

UCASU Confirms Investment In PURA Hemp Operation

ATLANTA, Jan. 14, 2022  -- McapMediaWire -- UC Asset LP (OTCQX: UCASU) management is cautiously optimistic that it may benefit from Puration Inc.'s (OTC Pink: PURA) $10 million revenue projection, which was announced in a press release by PURA. UCASU holds substantial interests in PURA, and is under an umbrella LOI to invest into cannabis properties to be operated by PURA. "We are encouraged to see the optimistic projection by PURA, particularly from operation of its new Farmersville Hemp...

read more

Categories

Mcap MediaWire - Costumer Service

Translate »