United American Corp. (UAMA)

[65actual]

Re RuralCom. Posters have been making claims that RuralCom Corporation was bankrupt. That is totally untrue and where is your evidence? Fact is that RuralCom was sold to Investel by rogue directors. RuralCom's CEO had presented several financing term sheets to the Board of Directors, anyone which would have sustained the company's business plans. TNW Wireless has failed to maintain the network and it is non-operational at this time in violation of the ISED Conditions of Licence, which explains in part why ISED has not assigned the spectrum licences to TNW Wireless, effectively stripping TNW Wireless of their eligibility to qualify under the CRTC Regulations for their Application. Additionally cell site owners have not been paid their rent by TNW Wireless and several have disconnected the power.Expect the CRTC pleadings for iPCS to fail. It's how the process works which everyone except UAMA's CEO understands. Don't take any of this at face value and do your own research. Check the bankruptcy proceedings, review the court documents on the Receivership of Investel Capital Corporation, the touted parent company. What you will find and deduce is that UAMA is a very troubled business that is likely to fail.