Sorry about the late response Steve. I just returned from the club.
UCOI has a management that is living off of the investors by issuing shares to survive. The company has no current assets and $7,730,909 in current liabilities. UCOI lost $14,868,082 during the last nine months. The company had a reverse split of 1 for 100 on 8-11-06 and immediately started to issue shares and now have about 400,000,000 outstanding already. Total assets are only $1,929,918 so the company is suffering from a massive negative net worth. At the present time UCOI is over priced at .0045.
