United American Corp. (UAMA)

[65actual]

UAMA subsidiaries claimed by UAMA CEO as largest independent telecom provider in Canada sold to pay off creditors in bankruptcy proceedings that are still underway in Canada. That sale effectively stripped USMA of any cash flow and hollowed out the business. Investel Capital Corp. the highly touted parent company now in Receivership with all assets, including Patents and IP in hands of Receiver. Where's the value? No revenue, no cash flow and suspect no working capital. Financial reports overdue. Show us the money!