United American Corp. (UAMA)

[65actual]

Serious signs of UAMA decay? Web sites down, TNW cellular telephone network down and inoperative in violation of ISED conditions of licence. YE 2017 audited financials issued going concern warning. No revenue, very little cash. Bankruptcy still ongoing since November 2016 and now Investel Capital Corp., the highly touted parent company, in Receivership. All IP and Patents in possession of Receiver pending security claims by Bond Capital. How best to describe? Overwhelming distress???