United American Corp. (UAMA)

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Today's News? More of the same from Benoit Laliberte, CEO of UAMA, convicted of stock fraud and stock manipulation and serving without SEC waiver. Look at the history, no enduring value ever built by this team. Their MO is seed the idea, sign up unwitting partners, supplier and employees, borrow to the maximum extent possible and then proceed to stop paying suppliers, service providers, employees and lenders. Problem for them now is there is an abundance of evidence for all to see. Read the CCAA Proceedings, particularly the voluntary comments by a Canadian Judge related to the business practices of Mr. Benoit Laliberte.