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UCASU
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UC Asset Secured $250K Bridge Loan for SPO Marketing
ATLANTA, July 24, 2026 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) announced today that the company has secured a $250,000 bridge loan from three of its existing shareholders. Proceeds from the loan will primarily be used to cover marke…
UC Asset sold farmland for $550K gross profit, halfway through its annual profit goal of $1 million
Atlanta, Jan. 18, 2023 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) announces today that the company has closed transaction to sell one of its properties, a 72-acre farmland in the metropolitan area of Dallas, Texas, at the final price o…
UC Asset’s new $3M cannabis property acquisition includes protection for existing shareholders
Atlanta, Jan. 17, 2023 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) announced last week that the company entered a MOU to acquire a 10,000 square foot cannabis cultivation property in the State of Oklahoma, through a non-cash acquisition…
UCASU to Acquire 10,000 Sqft Cannabis Property and Build 5,000 Sqft More
Atlanta, Jan. 12, 2023 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) announces today that the company has entered a MOU to acquire a 10,000 square foot cannabis cultivation property in the State of Oklahoma, through a non-cash acquisition…
UCASU aims at over $1 million gross profit for year 2023
Atlanta, Jan. 09, 2023 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQB: UCASU) management announces that the company aims to achieve over $1 million gross profit from its operation in the year of 2023, representing a 100% growth from its highest gr…
UC Asset receives building permit to renovate legendary landmark Rufus Rose House
Atlanta, GA, Dec. 14, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) confirms today that it has received a building permit from the City of Atlanta to renovate the Rufus Rose House, a historic landmark in downtown Atlanta. “This is the f…
UCASU signed deal to sell farmland at $2.05 million for $700K gross profit
Atlanta, Nov. 07, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announces today that the company has gone under contract with a buyer for one of its properties, a 72-acre farmland in the metropolitan area of Dallas, Texas, at the fin…
UCASU projects $600-800K gross profit from two deals
Atlanta, Oct. 25, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) releases a projection today, stating that the company may pocket $600,000 to $800,000 gross profit from two deals, in the second half of this year. “Earlier this month,…
UCASU distributed $0.10/share dividend and aims at higher dividends in coming years
Atlanta, Oct. 12, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announces that with a few exceptions, the firm has completed the distribution of $0.10/share dividend to all shareholders holding UCASU common shares by December 31, 202…
UCASU confirms the listing of Dallas land for $2.25 million
Atlanta, Oct. 07, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announced today that the company has listed for sale a piece of property, a 72-acre land in the metropolitan area of Dallas, Texas. The property is listed for $2.25 mill…
UCASU mourns the pass away of Chair of Audit Committee Harris Miller and will donate to his charity
Atlanta, GA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- With deep regret, UC Asset LP (OTCQX: UCASU) management announces today that our friend and Chair of our Audit Committee, Harris Miller, has passed away on Thursday, September 15. Our founder…
UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building
Atlanta, GA, Sept. 14, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) today debunks a claim that the company is selling the historic landmark Rufus Rose House. The company affirms that it is renovating the property into a dual role build…
UCASU renews partnership in Dallas project to increase near-term cash income
Atlanta, Sept. 06, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announced today that the company has renewed its partnership with Puration Inc. (OTC Pink: PURA) with regard to the development of 72-acre land in the metropolitan area…
UCASU announces exclusive partnership for Airbnb-based project up to $50 million
Atlanta, Sept. 01, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announced today that the company has entered an exclusive partnership to develop properties specifically designed to be operated as “short rentals”, most likely via onl…
UCASU drops public offering plan and focuses on profit growth after $0.12 per share net income
Atlanta, July 29, 2022 (GLOBE NEWSWIRE) -- 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 As…
UCASU sent out dividend checks to all shareholders that hold free tradable shares
Atlanta, June 13, 2022 (GLOBE NEWSWIRE) -- 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…
UCASU to expand with cannabis properties in New York State
Atlanta, June 01, 2022 (GLOBE NEWSWIRE) -- 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 othe…
UCASU announces 1st phase of renovations on Atlanta-based historical landmark
Atlanta, GA, May 25, 2022 (GLOBE NEWSWIRE) -- UC Asset (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…
UCASU to deliver $0.10/share dividend in coming weeks out of $0.12/share net profit
Atlanta, May 17, 2022 (GLOBE NEWSWIRE) -- 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 receivin…
UCASU projects profit growth despite looming economic recession concerns
Atlanta, GA, May 11, 2022 (GLOBE NEWSWIRE) -- 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 con…
UCASU to report 330% net profit growth and 73% operating profit growth for 2021
Atlanta, May 05, 2022 (GLOBE NEWSWIRE) -- 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 me…
Puration Inc. Dallas, Texas, April 20, 2022 (GLOBE NEWSWIRE) -- 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 20…
UCASU to report $0.12/share net profit and $0.15/share net equity increase for 2021
UC Asset LP Atlanta, April 19, 2022 (GLOBE NEWSWIRE) -- 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 ac…
UCASU to report $0.12/share net profit and $0.15/share net equity increase for 2021
Atlanta, April 19, 2022 (GLOBE NEWSWIRE) -- 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 met…
PURA New Industrial Hemp Business Sees Revenue Traction
Puration Inc. Dallas, Texas, April 18, 2022 (GLOBE NEWSWIRE) -- 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 reve…
PURA Schedules Shareholder Update To Follow 2021 Annual Report
Puration Inc. Dallas, Texas, April 14, 2022 (GLOBE NEWSWIRE) -- 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 t…
UCASU may report more profits for both 2021 and 2020 upon changing accounting
Atlanta, April 04, 2022 (GLOBE NEWSWIRE) -- 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…
UCASU to partner with seasoned cannabis growers for $50 million cannabis portfolio
Atlanta, March 21, 2022 (GLOBE NEWSWIRE) -- 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, med…
UCASU announces unaudited $0.13 per share net gain for 2021 and confirms $0.10 per share dividend
ATLANTA, March 02, 2022 (GLOBE NEWSWIRE) -- 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 mana…
UCASU signed LOI to acquire second cannabis property
ATLANTA, Feb. 01, 2022 (GLOBE NEWSWIRE) -- 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 faci…
UCASU may close its 1st cannabis property at 77% off marked price
$UCASU - UC Asset may close its 1st cannabis property at 77% off marked price Cannabis Farm Cannabis Farm ATLANTA, Jan. 20, 2022 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) announces the company is finalizing the acquisition of a piece…
UCASU may close its 1st cannabis property at 77% off marked price
ATLANTA, Jan. 20, 2022 (GLOBE NEWSWIRE) -- 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…
UCASU speeds up annual filing for faster distribution of $0.10/share dividend
ATLANTA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- 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.…
ATLANTA, Jan. 14, 2022 (GLOBE NEWSWIRE) -- 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 P…
UCASU Highlights Optimism Surrounding Its Investment in PURA Farmersville Hemp
ATLANTA, Jan. 13, 2022 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) management is cautiously optimistic that it may benefit from Puration Inc.'s (OTC: PURA) $10 million revenue projection, which was announced yesterday in a press release by…
UCASU Moves To Fund Multiple Cannabis Real Estate Projects Starting With PURA
Dallas, Texas, Oct. 28, 2021 (GLOBE NEWSWIRE) -- UC Asset LP (OTCQX: UCASU) and Puration, Inc. (OTC Pink: PURA) today announced entering into a letter of intent outlining terms for UCASU to finance the construction of PURA’s Farmersville H…