United Capital Corp. (fka UCAP)

[goingforittoday]

Just another example of miscommunication and mismanagement

Smyth has 3 counts in one suit, 2 additional suits
for fraud - one in GA and one in AR

and did not lose any suits - the GCA counterclaims have 3 counts, indemnification, reimbursement of cost to settle with GCA and damages from breach of the August 1999 merger agreement - the GCA matter was set for trial on Oct 13, but was deferred due to scheduling, now set for February

and its time to remove the current board and get to business - look at every other mortgage provider and you will see nice volumes and excellent share prices - there is no reason why UCAP cannot follow that model