DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
Delta Flight Makes Emergency Landing in Atlanta After Cockpit Fumes Reported 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
TAMPA, Fla., Feb. 20, 2018 -- United Consortium Ltd. (OTC PINK:UCSO), an acquisition and development Company focused on creating shareholder value by identifying and monetizing opportunities in Blockchain, Digital Media and the Emerging Cannabis Space, today announced that its CEO will cancel 20 Million shares of common stock. Further, UCL today confirmed that there will be no reverse splits of its common stock in 2018.
UCL Chairman and Chief Executive Officer Scott Gallagher stated, “We’re expecting big things in 2018. Keeping our capital structure in line to facilitate growth and increased shareholder value will be an important part of our success as a public Company going forward. By converting 20 Million common shares of mine to preferred stock we’ve immediately increased the ownership value of each common shareholder.” Gallagher continued, “There will be no reverse stock splits in 2018 either. I think it’s important our shareholders know their investment in our Company will not be wiped via a reverse stock split. I look forward to discussing the exciting opportunities regarding our wholly owned subsidiary Blockchain, Inc. on our investor call next week.”
About United Consortium Ltd. (UCL)
UCL is an acquisition and development Company focused on creating shareholder value by identifying and monetizing opportunities in Blockchain, Digital Media and the Emerging Cannabis Space. The Company is headquartered in Tampa, Florida. UCL is a current pink sheet Company. The most current information about the Company can be found on OTCMarkets.com or by visiting the Company's website at www.UCLVentures.com.
Forward-Looking Statements
This release contains forward-looking statements that relate to future events or United Consortium Ltd. (UCL's) future performance or financial condition. Any statements that are not statements of historical fact, such as the statements above and including statements containing the words "plans," "anticipates," "expects" and similar expressions, should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as result of a number of factors, including those described from time to time in United Consortium Ltd.’s filings with the Securities and Exchange Commission, OTC Markets or statement on the Companies websites. United Consortium Ltd. And all of its subsidiary companies undertakes no duty to update any forward-looking statements made herein.
Contact Information
For additional information contact:
Scott Gallagher
727-417-7807
