United American Corp. (UAMA)

[Bilal Khabab]

Again, UAMA does not have any interest in the alleged IP. You also have to understand that no patents have issued in any jurisdiction. The filings are public and I encourage you to peruse the administrative documents to your hearts content.

I cannot comment upon the supposed 'expert patent valuation' since I have not seen it.

What I can confidently say is that a true IP valuation prepared for public offering or financing purposes, valuation such assets at over US$1 billion no less, doesn't simply make its way into a new release for a long-dormant pink-sheet traded public shellco that has been in default of its reporting for half a decade or so. That simply isn't how things are done, and I can speak with authority on that whether you believe me or not.

IP with that kind of value would be part of an underwitten IPO, raising up 100s of millions of dollars in equity financing. It isn't simply part of a tuesday news release that generates a faction of a penny bump in a penny stock.