UC Asset LP (PK:UCASU)

Business Focus: Investment Management & Fund Operators

Get the company report for the most recent outlook updated daily

Apr 11, 2024 10:51 am ET

UC Asset Expected to Report $0.03/share Net Profit for 2023

ATLANTA, April 11, 2024 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announces today that the company is expected to report approximately $190,000 of net income, or, $0.03 per share, for the fiscal year of 2023, based on its unaudited financial statements.

Jan 11, 2024 09:00 am ET

UCASU launches a 12-month stock buyback program

ATLANTA, Jan. 11, 2024 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announces today that the company has filed with SEC to formally launch its stock buyback program.

Oct 04, 2023 09:00 am ET

UCASU announces plan of stock buyback

ATLANTA, Oct. 4, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announces today that the company has decided to use its cashflow from net profit to buy back its stocks.

Sep 28, 2023 09:00 am ET

UC Asset Signed MOU with Tenant to Build 8000 sq ft Cannabis Property

ATLANTA, Sept. 28, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announces today that the company has entered into a Memorandum of Understanding (MOU) to build an 8,000 sq ft cannabis property for medical cannabis cultivation, in the metropolitan area of the State of Oklahoma. The MOU is a three party non-binding agreement between UC Asset, a contractor, and a tenant.

Sep 15, 2023 09:00 am ET

UCASU updates renovation progress of legendary landmark Rufus Rose House

ATLANTA, Sept. 15, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU)'s management confirms today that solid progress has been made regarding the renovation work on a historic landmark owned by the company, the Rufus Rose House.

Jul 28, 2023 11:14 am ET

UC Asset may report $0.06/share net profit for first half of 2023

ATLANTA, July 28, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) management announces today that the company is expect to report a net profit of approximately $0.06 per share for the first half of the year 2023.

May 10, 2023 10:14 am ET

UCASU Management Intends to Diversify Its Capital Market Strategy

ATLANTA, May 10, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) management announces that the general partner of the company, UCF Asset LLC, will consider a management buy-out (MBO) in the next 12 months. Management asserts that the company will continue to pursue a secondary public offering (SPO) in combination with an uplisting to major exchanges, although that management also sees MBO as an option.

May 09, 2023 01:47 pm ET

UCASU Management Intends to Diversify Its Capital Market Strategy

ATLANTA, May 9, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) management announces that the general partner of the company, UCF Asset LLC, will consider a management buy-out (MBO) in the next 12 months. Management asserts that the company will continue to pursue a secondary public offering (SPO) in combination with an uplisting to major exchanges, although that management also sees MBO as an option.

May 02, 2023 09:57 am ET

UC Asset Closed First Acquisition of $3M Cannabis Property

ATLANTA, May 2, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) announces today that the company has closed the acquisition of 50% ownership of a $3 million cannabis property, which has 15,000 square feet of cannabis cultivation area built to the state-of-art standard, with computerized and automatized environment control, and has the capacity to host full cycle cannabis production from creating clones/genetics to extracting cannabinoids.

Apr 27, 2023 12:08 pm ET

UC Asset Rated "Buy" by Independent Analyst with Target Price at $4.00 per Share

ATLANTA, April 27, 2023 /PRNewswire/ -- Independent stock research firm, Litchfield Hills Research LLC, released its initial analysis report on UC Asset LP (OTCQB: UCASU), which rates UCASU as "Buy", and sets its target price at $4.00 per share, using its model of discounted future earnings.

Feb 16, 2023 11:40 am ET

UC Asset is debt free, cash positive, and aims at $0.19/share gross profit

ATLANTA, Feb. 16, 2023 /PRNewswire/ -- UC Asset LP (OTCQB: UCASU) (OTC: UCASU) management announces that the company has paid off all its debt obligations and carries zero debt, either bank loans or private notes, while it will maintain positive cash reserve, and is on track in its pursuit of $1 million gross profit (about $0.19 per share) for the year of 2023.

Jan 18, 2023 08:33 am ET

UC Asset sold farmland for $550K gross profit, halfway through its annual profit goal of $1 million

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 of $1.91 million. The sale is a cash deal. UC...

Jan 17, 2023 09:34 am ET

UC Asset’s new $3M cannabis property acquisition includes protection for existing shareholders

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 deal. Upon closing of the acquisition, UCASU will...

Jan 12, 2023 10:11 am ET

UCASU to Acquire 10,000 Sqft Cannabis Property and Build 5,000 Sqft More

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 and investment deal. Upon closing, UCASU will...

Jan 09, 2023 10:07 am ET

UCASU aims at over $1 million gross profit for year 2023

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 gross profit in previous years. UC Asset had been...

Dec 14, 2022 09:00 am ET

UC Asset receives building permit to renovate legendary landmark Rufus Rose House

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 first time in the past two decades that an owner of this...

Nov 07, 2022 09:12 am ET

UCASU signed deal to sell farmland at $2.05 million for $700K gross profit

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 final price of $2.05 million. The property is listed...

Oct 25, 2022 09:37 am ET

UCASU projects $600-800K gross profit from two deals

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, we announced the listing of our 72-acre land...

Oct 12, 2022 11:43 am ET

UCASU distributed $0.10/share dividend and aims at higher dividends in coming years

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, 2021. “Many of our shareholders chose to receive...

Oct 07, 2022 09:00 am ET

UCASU confirms the listing of Dallas land for $2.25 million

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 million. UC Asset acquired the land in October 2016...

Sep 19, 2022 03:33 pm ET

UCASU mourns the pass away of Chair of Audit Committee Harris Miller and will donate to his charity

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 Larry Wu attended his funeral service earlier today, in...

Sep 14, 2022 11:41 am ET

UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building

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 building similar to the Empire State Building, and any sources...

Sep 06, 2022 10:00 am ET

UCASU renews partnership in Dallas project to increase near-term cash income

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 of Dallas, Texas. The new partnership is formed with...

Sep 01, 2022 10:28 am ET

UCASU announces exclusive partnership for Airbnb-based project up to $50 million

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 online platforms such as Airbnb and Vrbo. The first...

Jul 29, 2022 10:00 am ET

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

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...

Jun 13, 2022 01:11 pm ET

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

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...

Jun 01, 2022 09:00 am ET

UCASU to expand with cannabis properties in New York State

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...

May 25, 2022 10:58 am ET

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

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 to starting the restoration process,” says Greg...

May 17, 2022 11:16 am ET

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

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...

May 11, 2022 12:13 pm ET

UCASU projects profit growth despite looming economic recession concerns

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....

May 05, 2022 10:55 am ET

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

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...

Apr 20, 2022 01:31 pm ET

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

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,...

Apr 19, 2022 09:00 am ET

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

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...

Apr 18, 2022 12:50 pm ET

PURA New Industrial Hemp Business Sees Revenue Traction

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...

Apr 14, 2022 08:45 am ET

PURA Schedules Shareholder Update To Follow 2021 Annual Report

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...

Apr 04, 2022 09:45 am ET

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

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...

Mar 21, 2022 09:30 am ET

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

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...

Mar 02, 2022 09:29 am ET

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

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...

Mar 02, 2022 08:36 am ET

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

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...

Feb 18, 2022 01:55 pm ET

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

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...

Feb 17, 2022 08:53 am ET

PURA Confirms Farmersville Hemp Strategic Update Scheduled Next Week

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...

Feb 16, 2022 09:25 am ET

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

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...

Feb 15, 2022 03:05 pm ET

PURA Zeros In On 2022 $10 Million Stretch Revenue Objective

Puration, Inc. (OTC Pink: 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 outlook is improving based on the recent progress of PURA’s co-op...

Feb 15, 2022 11:22 am ET

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

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...

Feb 14, 2022 10:09 am ET

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

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...

Feb 02, 2022 02:32 pm ET

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

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...

Feb 01, 2022 02:08 pm ET

PURA Farmersville Hemp Nutraceutical Partnership With PAOG Featured In PAOG Update

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...

Feb 01, 2022 09:37 am ET

PURA Announces Solar Powered Enhancement For Farmersville Hemp Complex

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...

Feb 01, 2022 09:30 am ET

UCASU signed LOI to acquire second cannabis property

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...

Jan 20, 2022 12:16 pm ET

PURA Farmersville Hemp Partnership Income Potential Enhanced By ALKM Progress

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...

Jan 20, 2022 09:30 am ET

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

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...

Jan 18, 2022 02:10 pm ET

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

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...

Jan 18, 2022 09:30 am ET

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

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...

Jan 14, 2022 09:00 am ET

UCASU Confirms Investment In PURA Hemp Operation

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...

Jan 13, 2022 10:33 am ET

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 PURA. UCASU holds substantial interests in PURA, and is under an umbrella LOI to invest into cannabis properties to be operated by PURA.

Jan 12, 2022 10:31 am ET

PURA Backed By UCASU Targets $10M In 2022 Revenue From New Hemp Business

DALLAS, Jan. 12, 2022 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today announced the company will publish a strategic overview presentation next week on Tuesday, January 18th covering the company's 2022 plan to achieve a forecasted $1 million in revenue and reach for a potential $10 million in revenue. The presentation will include the latest on PURA's backing from UC Asset LP (OTCQX: UCASU) to construct the Farmersville Hemp Brand facility central to PURA's updated business plan. UCASU is a diversified real estate investment company. UCASU has recently entered the cannabis real estate

Jan 12, 2022 09:16 am ET

PURA Targets $10 Million In 2022 Revenue From New Farmersville Hemp Business

Puration, Inc. (OTC Pink: PURA) today announced the company will publish a strategic overview presentation next week on Tuesday, January 18th covering the company’s 2022 plan to achieve a forecasted $1 million in revenue and reach for a potential...

Jan 03, 2022 12:07 pm ET

UCASU Announces NASDAQ or NYSE uplisting in 2022

ATLANTA, Jan. 3, 2022 /PRNewswire/ -- In the first business day of 2022, UC Asset LP (OTCQX: UCASU) management announces that the company is seeking to "uplist" to a major exchange; probably NASDAQ small cap or NYSE American, in the next 12 to 18 months.

Dec 13, 2021 11:26 am ET

UCASU saved on cannabis property's target price by 60% through due diligence

ATLANTA, Dec. 13, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces the company's management team has just concluded the phase I due diligence on a piece of cannabis property in Oklahoma, and already reduced the target price by almost 60%.

Dec 10, 2021 10:03 am ET

PURA Sustainable Farmersville Hemp Brand Bolstered By USASU $0.10-0.15 Net Profit Per Share Projection

Puration, Inc. (OTC Pink: PURA) today highlighted the strength of its cannabis real estate finance partner, UC Asset LP (OTCQX: UCASU). UCASU has announced a projected $0.10 to $0.15 net profit per share to be reported for year end 2021. UCASU is...

Dec 08, 2021 11:41 am ET

UCASU Projects $0.10-0.15 Per Share Net Profit for 2021

ATLANTA, Dec. 8, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) management team announces that the company is projected to report a net profit between $0.10-0.15 per share for the year of 2021.

Dec 06, 2021 03:34 pm ET

UCASU announces LOI to acquire $2.2 mllion Cannabis Property in Oklahoma

ATLANTA, Dec. 6, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces the firm has signed LOI with an Oklahoma cannabis property owner and licensed medical marijuana grower, to acquire its property, including all on-ground structures, for a consideration of $2.2 million.

Nov 29, 2021 12:56 pm ET

UCASU Reports $0.171 Per Share Net Gain over 12 Months in Q3 Filing

ATLANTA, Nov. 29, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) filed its quarterly 10Q for the third quarter of 2021, reporting a $0.171 gain of its net equity per share, from $1.363 to $1.534 pre-dilution, over the 12-month period from September 30, 2020 to September 30, 2021.

Nov 22, 2021 08:14 am ET

PURA Forecasts $1 Million 2022 Revenue From New Farmersville Hemp Brand

Puration, Inc. (OTC Pink: PURA) today announced the company is initially forecasting $1 million in revenue for 2022. Management believes the forecast is conservative and anticipates potentially revisiting the revenue forecast more than once next...

Nov 19, 2021 11:19 am ET

UCASU Confirmed $0.10/share Dividend Plan and Strongly Optimistic for 2022 on Annual Meeting

ATLANTA, Nov. 19, 2021 /PRNewswire/ -- During its annal shareholder meeting on yesterday, UC Asset LP (OTCQX: UCASU), confirmed its dividend plan of $0.10 or more per share, and made a strongly optimistic projection for the year of 2022.

Nov 18, 2021 07:22 am ET

PURA Targets 3 Revenue Sources In 2022 Under New Farmersville Hemp Brand

DALLAS, Nov. 18, 2021 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) today released a CEO update from Brian Shibley in conjunction with the recently published Q3 financial report. The update is included in its entirety below.

Nov 15, 2021 01:58 pm ET

UCASU's Cannabis Property Pipeline Using Investment Model Similar to Power REIT

ATLANTA, Nov. 15, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced the firm has been creating a deal pipeline for its cannabis property investments, using an investment model similar to those adopted by established public companies, such as Power REIT (NYSE: PW).

Nov 15, 2021 01:14 pm ET

PURA CEO Update On Farmersville Hemp Brand Business Progress Highlighting Cannabis Real Estate Finance Offering Scheduled This Thursday, Nov 18th

Puration, Inc. (OTC Pink: PURA) today announced the company has scheduled a CEO update from Brian Shibley to be published this Thursday, November 18th, 2021, in conjunction with the recently published Q3 financial report. The update will...

Nov 08, 2021 10:56 am ET

UCASU's 2021 Net Income May Yield More Than $0.10 Per Share Dividend

ATLANTA, Nov. 8, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU)'s management projects today that the company's net income in 2021 will likely be more than adequate to deliver the proposed $0.10 per share dividend.

Nov 03, 2021 12:18 pm ET

PURA and PAOG Partner With UCASU in Cannabis Real Estate Deal

Puration, Inc. (OTC Pink: PURA) and PAO Group, Inc. (OTC Pink: PAOG) today announced plans to partner with UC Asset LP (OTCQX: UCASU) in the construction of a cannabis extraction lab. UCASU and PURA have announced entering into a letter of...

Oct 28, 2021 11:58 am ET

UCASU Announces Agreement To Provide Cannabis Real Estate Financing Through PURA Farmersville Hemp Brand COOP

DALLAS, Oct. 28, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) and Puration, Inc. (USOTC: PURA) today announced entering into a letter of intent outlining terms for UCASU to finance the construction of PURA's Farmersville Hemp Brand facilities on PURA's 72 acre property in Farmersville, Texas. UCASU also plans to provide financing to PURA's Farmersville Hemp Brand partners.

Oct 28, 2021 11:51 am ET

UCASU Moves To Fund Multiple Cannabis Real Estate Projects Starting With PURA

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 Hemp Brand facilities in Farmersville, Texas. UCASU also...

Oct 18, 2021 09:30 am ET

UCASU to discuss $0.10 per share dividend on Nov 18 shareholder meeting

ATLANTA, Oct. 18, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces it will hold annual shareholder meeting on November 18, 2021, at 9:00 am eastern time. Due to COVID pandemic, this annual meeting will be held virtually as a Zoom meeting.

Oct 15, 2021 10:40 am ET

UCASU Management Have Bought More Shares Than Sold

ATLANTA, Oct. 15, 2021 /PRNewswire/ -- UC Asset (OTCQX: UCASU) confirms today that its management team, as a whole, have been buying more amount of its own shares than selling, in the past 6 months. The announcement is made in response to a number of requests by its shareholders regarding the recently filed Form-4 by its founder Larry Xianghong Wu, which shows that Mr. Wu has sold a net of 5,000 shares of UCASU common units in the past 6 months.

Oct 13, 2021 09:30 am ET

UCASU Target Price Set at $4.50 Per Share by Zacks Research

ATLANTA, Oct. 13, 2021 /PRNewswire/ -- Zacks Small-Cap Research (Zacks SCR) updated its coverage on UC Asset (OTCQX: UCASU), set a target price of $4.50 per share for the company. The last trading price of UC Asset was $2.10 per share.

Oct 06, 2021 09:00 am ET

UCASU to submit $0.10 or above per share dividend plan to shareholder meeting

ATLANTA, Oct. 6, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces it will hold annual shareholder meeting soon. Among other topics, UC Asset's management will submit its dividend plan for shareholders to review and comment.

Sep 30, 2021 09:00 am ET

UCASU introduced Cannabis property investment

ATLANTA, Sept. 30, 2021 UC Asset LP (OTCQX: UCASU) introduced its Cannabis property investment strategy yesterday during the Emerging Growth Conference. According to the company presentation, Cannabis properties, combined with the company's current investments in Airbnb-based SHOC properties and historic landmark properties, will be major building blocks in its portfolio over the coming years.

Sep 28, 2021 01:32 pm ET

UCASU's first Airbnb property is projected to yield 33% Internal Return Rate

ATLANTA, Sept. 28, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) will release a projection on profitability of its first SHOC ("shared home-office cluster") property, in its pending presentation at Emerging Growth Conference. The company launched this Airbnb-based SHOC investment strategy in the second half of last year, and had made its first SHOC investment at the end of June 2021.

Sep 28, 2021 07:00 am ET

CEO Presenting on the Emerging Growth Conference on September 29 Register Now

EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 17th Emerging Growth Conference. The Conference...

Sep 24, 2021 09:00 am ET

UCASU to Present at Emerging Growth Conference to Introduce New Strategy After 20% Growth

ATLANTA, Sept. 24, 2021 /PRNewswire/ -- UC Asset (OTCQX: UCASU) is pleased to announce that it has been invited to present at the Emerging Growth Conference, on Wednesday September 29, 2021. The comapny invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation.

Sep 22, 2021 10:28 am ET

Former US Congressman Kwanza Hall Joins UCASU Team

ATLANTA, Sept. 22, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces that former US Congressman Kwanza Hall has joined UC Asset's management team. Mr. Hall will lead, among other initiatives, UC Asset's historic landmark program.

Sep 13, 2021 09:18 am ET

UCASU filed 10Q Showing 20% Net Equity Increase over 12 Months

Atlanta, GA, Sept. 13, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) filed its quarterly 10Q, reporting a 20% increase of net equity, from $7.25 million to $8.67 million, over the 12-month period from June 30, 3020 to June 30, 2021.

Sep 08, 2021 05:15 pm ET

Kasim Reed hosts ceremony for UC Asset's restoration of Atlanta's oldest mansion

ATLANTA, Ga., Sept. 8, 2021 /PRNewswire/ -- UC Asset, an Atlanta based real estate investment firm, will host a celebratory ribbon cutting ceremony to mark the beginning of the restoration process for the Rufus M. Rose house. The company acquired the property earlier this summer with plans to restore its historic legacy. The Rufus Rose House is one of the oldest buildings in metropolitan Atlanta, and currently the only standing Victorian mansion in the central district. Affectionately referred to as "The Rose on Peachtree", the property is a late Victorian Queen Anne style home built in 190

Aug 19, 2021 09:10 am ET

UCASU to Form Council of Community Leaders to Advise Landmark Renovation

ATLANTA, Aug. 19, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced today that the company will form a council of community leaders from diverse backgrounds to support its newly acquired Rufus Rose House. The council will advise on the restoration as well as the future use of Rufus Rose House, the oldest building in downtown Atlanta, and is officially recognized as a national Historic Place and a Landmark Building of the city.

Aug 10, 2021 10:46 am ET

UCASU Files Amended 2020 Reports and Reconfirmed Net Gain

ATLANTA, Aug. 10, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) filed amendment 10K/A to its annual filing 10-K for the fiscal year 2020, to correct a typographic error in regard of its net equity per share. The amended filing reconfirmed a net asset gain of $14,175 from operations, which beats the company's previous projection.

Aug 06, 2021 10:39 am ET

UCASU to launch NFT sale and historical landmark renovation with ribbon-cutting ceremony

ATLANTA, Aug. 6, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced the company will hold a formal ribbon-cutting ceremony to kick off its landmark project and NFT sale, on Wednesday, September 8, 2021.

Aug 03, 2021 09:00 am ET

UCASU Reports Profit For 2020 and Trumps Projected Loss

ATLANTA, Aug. 3, 2021 /PRNewswire/ -- InvestorsHub NewsWire -- UC Asset LP (OTCQX: UCASU) filed its annual filing 10-K for the fiscal year 2020, after several months of delay, due to its change of auditing firm. For the year of 2020, it reports a moderate net asset increase of $14,175 from operation, beats the company's previous projection that it might suffer a moderate loss.

Jul 29, 2021 04:12 pm ET

UCASU's Pending 10K Will Report Big Come-back for Year 2020

ATLANTA, July 29, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) projects its pending annual filing 10-K will show a very strong come-back of the company to close the fiscal year 2020.

Jul 21, 2021 03:59 pm ET

UCASU believes costs to fully refurbish landmark property will be lower-than-estimated

ATLANTA, July 21, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) management believes that full restoration of the historical landmark Rufus Rose House in Atlanta, GA will require a budget lower than previously estimated. This conclusion was reached after a team of restoration and historical preservation experts inspected Rufus Rose House with UC Asset management earlier today.

Jul 14, 2021 09:00 am ET

UCASU to receive 95% net proceeds of Ethereum-based landmark NFT sale

ATLANTA, July 14, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced the company reached an agreement with its third-party cryptocurrency partner, allowing UC Asset to receive 95% of net proceeds from the NFT sales developed by the third party.

Jul 12, 2021 12:01 pm ET

UCASU Announces Ethereum-based NFT representing Atlanta Historical Landmark

ATLANTA, July 12, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced the company has partnered with third-party cryptocurrency focused companies to offer real estate NFTs (non-fungible tokens), to represent particular artistic and proprietary rights of historical buildings. The flagship project will focus on the historical Rufus Rose House, the oldest building in the heart of downtown Atlanta. Built in 1901, Rufus Rose House is Atlanta's only standing Victorian Queen Anne mansion. It is a national Historic Place designated by federal government, and an official Landmark Building of th

Jul 08, 2021 01:24 pm ET

UCASU Closed Historical Landmark Acquisition and Hailed by Atlanta Preservation Center

ATLANTA, July 8, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces the company has closed the acquisition of Rufus Rose House, the oldest historical building and cherished landmark in downtown Atlanta, on July 07, 2021. UC Asset plans to fully refurbish and restore the house to preserve its historic legacy, and to work alongside city leaders and influencers to promote the diverse and socially inclusive future of Atlanta.

Jul 06, 2021 11:11 am ET

UCASU Received $400,000 Construction Loan on 1st SHOC Airbnb Property

ATLANTA, July 6, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU), an Atlanta-based real estate investment firm, confirms that it has received a construction loan of $400,000 on its first Shared Home-Office Cluster (SHOC) property, through its wholly owned subsidiary SHOC Holdings LLC.

Jul 02, 2021 10:41 am ET

UCASU management vows to bring financial reporting current in 30 days

ATLANTA, July 2, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) management states that the company will bring its financial filings current in 30 days, following the change of its auditors.

Jun 30, 2021 11:32 am ET

UCASU acquires Historical Landmark Property Rufus Rose House in Downtown Atlanta

ATLANTA, June 30, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces the company went under contract on the Rufus Rose House, the oldest historical building and cherished landmark in downtown Atlanta, for a consideration of $1.65 million. The acquisition was performed through UCASU's wholly-owned subsidiary, Atlanta Landsight LLC.

Jun 29, 2021 12:05 pm ET

UCASU Strong in Cash After Major Transactions and Looking for Investment Opportunities

ATLANTA, June 29, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced the company has closed three transactions in the past 3 business days to restructure its portfolio, with the expectation of achieving a better return on investment.

Feb 23, 2021 10:23 am ET

UCASU outlines 2021 strategy for greater investment return in post-pandemic world

ATLANTA, Feb. 23, 2021 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) releases today a "white paper" prepared by the company's management team, reviewing the firm's investment strategy in 2020 and outlining the 2021 strategy.

Feb 17, 2021 09:47 am ET

Skift.com praises UC Asset new business strategy created for today's business traveler

ATLANTA, Feb. 17, 2021 /PRNewswire/ -- Skift.com, a media platform dedicated to the most influential audience in the global travel industry, featured UC Asset(OTCQX: UCASU)'s new business strategy in its front-page story titled "Homebuilders Catering to Hotel-Hesitant Biz Travelers."

Jan 26, 2021 10:45 am ET

UCASU completes 1st proprietary design for its unique Shared Home-Office Community (SHOC) business

ATLANTA, Jan. 26, 2021 /PRNewswire/ -- UC Asset (OTCQX: UCASU), an Atlanta-based global real estate investment firm, announced that its subsidiary, SHOC Holdings LLC, has developed a proprietary architect design for its unique Shared Home-Office Community (SHOC) properties.

Dec 29, 2020 12:10 pm ET

UCASU announces leadership appointment and $1 million initial capital for Airbnb-based SHOC investment

ATLANTA, Dec. 29, 2020 /PRNewswire/ -- UC Asset (UCASU), an Atlanta-based global real estate investment firm, announced the company has invested initial capital of approximately $1 million into SHOC Holdings LLC, and appointed Greg Bankston, who currently serves as a managing member of UCASU's general partner, as CEO of SHOC. The company believes Bankston's twenty-year real estate background and knowledge of the city's history make him the ideal candidate.

Dec 21, 2020 09:43 am ET

Leading Research Firm Produced Data Strongly Supporting UCASU's $60 Billion Airbnb Business Model

ATLANTA, Dec. 21, 2020 /PRNewswire/ -- UC Asset (OTC: UCASU), an Atlanta based global real estate investment firm, announces the company has retained a leading research consulting firm to provide research for the company's 2021 Airbnb-based innovative property investment strategy (SHOC), which focuses on home office technology for traveling professionals. First round research was closed by last Friday, and produced data that strongly supports UCASU's business model.

Dec 07, 2020 10:53 am ET

UCASU Newly Listed Property Sold at Full Price of $1.35 Million within One Week

ATLANTA, Dec. 7, 2020 /PRNewswire/ -- UC Asset (OTCQX: UCASU), a real estate investment company, announced the sale of a property at the full price of $1.35 million, one week after the property was listed.

Nov 30, 2020 10:14 am ET

UC Asset Projects Profitable 4th Quarter After Listing $1.35 Million Property

ATLANTA, Nov. 30, 2020 /PRNewswire/ -- UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, projects a profitable 4th Quarter of the year 2020, after listing another property for sale at $1.35 million.

Nov 23, 2020 10:55 am ET

UCASU Launches Hotal Service to Build Market Entry Barrier for Its $60 Billion Airbnb-based Strategy

ATLANTA, Nov. 23, 2020 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces today it has completed the registration of another new subsidiary, Hotal Service LLC, to devote to its Airbnb-based innovative property investment strategy.

Nov 10, 2020 09:52 am ET

UCASU Launches SHOC Holdings to Pursue $60 Billion Airbnb Opportunity

ATLANTA, Nov. 10, 2020 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announces today it has completed the registration of a new subsidiary, SHOC Holdings LLC, to devote to its Airbnb-based innovative property investment strategy.

Nov 06, 2020 10:04 am ET

UCASU - UC Asset Closes $1.3 Million Sale of 72-Acre Texas Property

ATLANTA, Nov. 6, 2020 /PRNewswire/ -- UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, today announced closing the $1.3 sale of a 72-acre farmland parcel located in Farmersville, TX. Puration, Inc. (OTC: PURA), a lifestyle brand company, acquired the property in conjunction with a new business strategy.

Oct 26, 2020 12:14 pm ET

UCASU to Acquire First Property for Airbnb-based Innovative Strategy Targeting $60 Billion Market

ATLANTA, Oct. 26, 2020 /PRNewswire/ -- UC Asset LP (OTCQX: UCASU) announced a new contract to buy a lot located in a residential community adjacent to Hartsfield-Jackson Atlanta International Airport. It will be the first property acquired by the company to implement its Airbnb-based innovative property investment strategy.

Oct 21, 2020 01:51 pm ET

PURA - UC Asset and PURA Ink $1.3 Million Deal

Dallas, Texas--(Newsfile Corp. - October 21, 2020) - Puration, Inc. (OTC Pink: PURA), a lifestyle brand company, and UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, today announced the execution of a contract for UC Asset to sell Puration a 72-acre farmland parcel located in Farmersville, TX, for a consideration of $1.3 million.

Oct 21, 2020 08:46 am ET

UCASU – UC Asset Announces $1.3 Million Sales Contract with PURA Agreeing to Acquire Dallas Area Farmland

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, and Puration, Inc. (OTC: PURA), a lifestyle brand company, announced the execution of a contract for UC Asset to sell Puration a 72-acre farmland parcel located in Farmersville, TX, for a consideration of $1.3 million.

Oct 15, 2020 10:23 am ET

UCASU Founder Purchased More Than 3% Outstanding Shares of the Company via a Private Deal

“Larry” Xianghong Wu, the founder and major general partner of UC Asset LP (OTCQX: UCASU) filed a Form 4 to report his purchase of 172,953 common units of UCASU, which accounts for 3.2% of all issued and outstanding shares of the company, through a private deal which was closed on October 07, 2020.

Oct 01, 2020 12:40 pm ET

Airbnb-based Innovative Strategy Kicked off by UCASU to Target $60 Billion Market

UC Asset LP (OTCQX: UCASU) kicked off an innovative property investment strategy during the firm’s annual shareholder meeting on Wednesday, September 30, 2020. This new investment strategy targets the $60 billion business trip accommodation market.

Sep 28, 2020 08:35 am ET

Financial Services Virtual Investor Conference Presentations Now Available for On-Demand Viewing

NEW YORK, Sept. 28, 2020 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Financial Services Conference are now available for on-demand viewing at VirtualInvestorConferences.com.

Sep 21, 2020 11:02 am ET

UC Asset Files Form 10 And Considers Secondary Public Offering at $2.50/Unit

UC Asset LP (OTCQX: UCASU) management announced the company filed its Form 10 on September 18, to transition from a Regulation A plus (“Reg A+”) reporting company to a fully reporting company. The conversion will automatically become effective after 60 days of the filing of its Form 10.

Sep 21, 2020 10:10 am ET

OTC Markets Group Announces Agenda for Financial Services Virtual Investor Conference on September 24th

NEW YORK, Sept. 21, 2020 /CNW/ - Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTC Financial Services Conference. Individual investors, institutional investors, advisors and analysts are invited to attend.

Sep 09, 2020 12:52 pm ET

PURA Announces LOI to Acquire Farmersville, Texas Property from UC Asset for $1.3M

Dallas, Texas--(Newsfile Corp. - September 9, 2020) - Puration, Inc. (OTC Pink: PURA) and UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, today announced entering into a non-binding Letter of Intent (LOI). UC Asset, through its wholly-owned subsidiary Atlanta Landsight LLC, agrees to sell its 72 acre farmland located in Farmersville, TX to PURA for total consideration of $1.3 million.

Sep 09, 2020 11:27 am ET

UC Asset Entered LOI to Sell Texas Farmland at $1.3 Million for 55% Profit

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, announces that it has entered into a non-binding Letter of Intent (LOI) through its wholly-owned subsidiary Atlanta Landsight LLC, to sell its 72-acre farmland located in Farmersville, TX for a consideration of $1.3 million.

Sep 01, 2020 05:02 pm ET

UC Asset Postponed Annual Meeting and Scheduled Virtual Conference Presentation

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, announced that it will postpone its annual shareholder meeting to a date and time undecided, due to procedure issues.

Aug 18, 2020 10:50 am ET

UC Asset Received Local Media Coverage and Announced Annual Meeting

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, claims that it has received a remarkable level of media coverage from local newspapers in the past weeks due to the company’s mortgage partnership program aimed at small business owners with commercial properties struggling financially due to COVID-19 hardship.

Aug 10, 2020 11:19 am ET

UC Asset Closed New Sales to Increase Cash Reserve by $1 Million

UC Asset (OTCQX: UCASU), a real estate investment and redevelopment company, announced the closure of two new sales, with combined net proceeds at approximately $1 million.

Aug 05, 2020 04:14 pm ET

CORRECTING and REPLACING UC Asset Resolved to Become a Fully Reporting Company

Third paragraph, second sentence of release should read: An immediate impact of this conversion is that it will likely allow more brokerage firms to accept share deposits... (instead of: This conversion will immediately allow more brokerage firms to accept share deposits...).

Aug 05, 2020 12:39 pm ET

UC Asset Resolved to Become a Fully Reporting Company

UC Asset LP (OTCQX: UCASU) management announced the company will file a form 10 to transition from a Regulation A plus (“Reg A+”) reporting company to a fully reporting company.

Jul 15, 2020 12:32 pm ET

Zacks Research Set UC Asset (UCASU) Target Price at $4.50 Per Unit

Zacks Small-Cap Research (Zacks SCR) just released its initial coverage on UC Asset LP (OTCQX: UCASU), with a target price of $4.50 per unit. The last trading price of UC Asset’s shares was $2.30 per unit.

Jul 06, 2020 02:42 pm ET

UC Asset Places Additional Properties Under Contract Totalling Over $1 Million in New Sales

Two additional properties listed by UC Asset, a real estate investment and redevelopment company, recently went under contract for a total sale price of over one million dollars.

Jun 17, 2020 01:07 pm ET

UC Asset Finalizes First Deal of COVID-19 Mortgage Bailout

UC Asset closed the first deal in the company’s pandemic mortgage bailout program, a new business strategy the company announced last month, providing relief to property owners struggling with mortgage payments due to financial stress caused by the COVID-19 pandemic.

May 07, 2020 10:33 am ET

UC Asset Offers Pandemic Mortgage Option to Bail Out Commercial Property Owners

UC Asset announced today that it is offering a pandemic mortgage debt relief program for businesses experiencing financial emergencies due to the COVID-19 pandemic.

Apr 20, 2020 04:47 pm ET

UC Asset Liquidates Properties to Prepare Itself for Upcoming Opportunities in Projected Bearish Market

On April 20, 2020, UC Asset LP improved its cash position, closing transactions liquidating two properties to cash buyers, at prices substantially lower than their current book value. The Partnership made this decision based on management’s best-effort projection of the real estate market in the US generally and Atlanta specifically, under the impact of the COVID-19 pandemic.

Apr 01, 2020 10:46 am ET

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