United American Corp. (UAMA)

[fromtheuk]

We shall see,

Looking at Snaps performance, I doubt there would be anything left by the time this gets resolved. they are burning money (2 billion) from the last filing, and all the insiders shares can be traded on Monday morning. (768 million shares). A blood bath is on the cards for next week.

It went under $12 on Friday, and $8 would not surprise me next week as their own investors jump ship. The IPO has been a disaster.

As far as Uama / Snap goes, I doubt it will ever get to court proper. A private undisclosed settlement is far more likely.