United American Corp. (UAMA)

[65actual]

SEC action vs UAMA CEO maybe this year!

SEC doesn't prosecute and that up to State. Referred to State AG for action.

If case went way of SEC vs Brooks in 2016 trial and sentencing could expect, as a minimum, Mr. Laliberte ,UAMA CEO to be given lifetime ban on any future involvement as officer with any public entity and stiff fines particularly in light of UAMA CEO conviction on 44 counts of stock fraud, market manipulation and deceiving investors.

Laliberte's failure to properly divulge $47M bankruptcy of Teliphone,Navigata, Westl, etc. and properly disclose his status as a undischarged bankrupt individual for over ten (10) years will likely play into sentencing.