United American Corp. (UAMA)

[fromtheuk]

They changed the Going Concern statement. The poor Bankraupt EX CEO of Ruralcom will need to knock that one off the list.

Going Concern

The Company had an accumulated deficit of $5,332,580 and $4,911,869 as of March 31, 2018 and 2017, respectively. During the three months ended March 31, 2017, the Company did not have operations other
than collection of funds from US customers of 9541853 Canada Inc. (“9541”), and the transfer of these deposits to 9541 (see Note 3). In March 2018 the Company, through 9688 commenced operations related to its BlockchainDomes technology (see Note 6). Since commencing BlockchainDome operations and up to July 15, 2018 9688 has invoiced and collected CD$ 418,268 for hosting services and has received deposits for services of CD$ 1,756,617. While there continues to be certain commercial, technical and regulatory risks related to the development of the BlockchainDomes business, Management believes that the hosting agreements entered into with respect to the technology related to the BlockchainDomes will allow the Company to continue as a going concern.