United American Corp. (UAMA)

[65actual]

No credible evidence of any upside for UAMA. Bankruptcy has hollowed out their working capital, their employees and Receivership of the touted parent company, Investel Capital Corp. Even assets and IP in the hands of Receiver awaiting distribution to creditor to satisfy security agreements. Court proceedings continue on both bankruptcy and separately Receivership. UAMA's CEO makes regular pleadings that are correctly recognized as untruthful by the courts.