UCASU - UC Asset, LP
| Previous Close | 0.4000 |
| Open | 0.4000 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 0.4000 - 0.4000 |
| 52 Week Range | 0.4000 - 1.7300 |
| Volume | |
| Avg. Volume | 34 |
| Market Cap | 2.194M |
| Beta (5Y Monthly) | 0.67 |
| PE Ratio (TTM) | 3.64 |
| EPS (TTM) | 0.1100 |
| Earnings Date | Apr 14, 2021 - Apr 15, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 4.00 |
News DirectUC Asset Signed 2nd MoU to Speed Up Phase I of $4M Cannabis Deal
McapMediawire -- UC Asset LP (OTCQB: UCASU) announced today that the company has signed second MOU on its recently announced deal of $4 million cannabis property transaction in the State of Oklahom...
News DirectUC Asset Will Cut Overhead To Increase Net Profit By $200K-300K
McapMediawire -- UC Asset LP (OTC: UCASU) management announces that they will cut the company’s overhead by 30-40% for the year of 2023. This is projected to increase the company’s net profit by ap...
News DirectUCASU jump-starts its plan of NASDAQ or NYSE up-listing in 2023
McapMediawire -- UC Asset LP (OTCQB: UCASU) management announces that the company has jump-started its plan to up-list to a major exchange, probably NASDAQ or NYSE, after it had put on hold this pl...
GlobeNewswireUC 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 of $1.91 million. The sale is a cash deal. UC Asset acquired the land in October 2016 for approximately $800,000. It sold the property to a local company at $1.30 million in 2020, only to buy it back one year later, in the spring of 2022, at $1.35 million. US As
- GlobeNewswire
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 deal. Upon closing of the acquisition, UCASU will invest $1 million to build extra 5,000 square feet of cannabis cultivation facility at the same site. After acquisition, the current operator on the property, Fire Ranch Farm, will continue to rent the property
- GlobeNewswire
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 and investment deal. Upon closing, UCASU will invest $1 million to build extra 5,000 square feet of cannabis cultivation facility on the same spot. The current operator on the property, Fire Ranch Farm, will continue to rent the property from UC Asset. UC Asse
- GlobeNewswire
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 gross profit in previous years. UC Asset had been operationally profitable in previous years, and it had managed to maintain steady growth of gross profit. According to its filings, the company reported gross profit of about $491,000 for the fiscal year of 2021,
- GlobeNewswire
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 first time in the past two decades that an owner of this legendary property has been able to secure a building permit,” declares Greg Bankston, managing partner of UC Asset. “The property is a national heritage of historic landmarks, and, understandably, any ren
- GlobeNewswire
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 final price of $2.05 million. The property is listed for $2.25 million one month ago. UC Asset acquired the land in October 2016 for approximately $800,000. To this moment, the total cost of UC Asset on this property is $1.35 million. This means that US Asset will
- GlobeNewswire
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, we announced the listing of our 72-acre land in the metropolitan area of Dallas, Texas. We also reached into an MOU with a buyer on another property we owned in downtown Atlanta, Georgia. Last week, we made breakthrough on both deals, and it appears that the ch
- GlobeNewswire
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, 2021. “Many of our shareholders chose to receive their dividend via direct wire, while others have received their dividends by check. With a few exceptions, including those who received dividend checks but did not deposit or cash them, we are pleased most of our s
GlobeNewswireUCASU confirms the listing of Dallas land for $2.25 million
UCASU confirms the listing of Dallas land for $2.25 million 72-acre land in the metropolitan area of Dallas, Texas. UCASU confirms the listing of Dallas land for $2.25 million 72-acre land in the metropolitan area of Dallas, Texas. 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 million. UC Asset acquired the la
- GlobeNewswire
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 Larry Wu attended his funeral service earlier today, in Mr. Miller’s hometown of Falls Church, VA. Mr. Miller is a prominent American politician, businessman, and lobbyist. Miller served as president of the Information Technology Association of America and the
GlobeNewswireUCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building
UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building Rufus Rose House UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building Rufus Rose House UCASU refutes rumors of selling historic landmark and asserts plan of renovating it into Atlanta’s Empire State Building Rufus Rose House Atlanta, GA, Sept. 14, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) today debunks
- GlobeNewswire
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 of Dallas, Texas. The new partnership is formed with intention to increase near-term cash income for both UC Asset and Puration. UC Asset sold the land to Puration about 2 years ago, and later entered into an LOI with Puration to co-develop the land into a med
- GlobeNewswire
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 online platforms such as Airbnb and Vrbo. The first project aims to develop 10 to 50 such units, for a total value up to $50 million. The new project will be pursued under an exclusive partnership between UC Asset and a renowned local non-for-profit, with headquar
- GlobeNewswire
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 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 12 months. “
- GlobeNewswire
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 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 market, or those who subscribed UCASU shares
- GlobeNewswire
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 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). Initially, U