virginian: I have no idea whether or not RA has pulled off some kind of partnership or ownership of UJet. Clearly there are no SEC filings of any kind that back up his claims.
As for the 'sold back' part, I believe that is an error in the filings. RA actually sold back an acquisition (SGA?) that I can't remember the name of off the top of my head shortly after the SEC charges were filed (as well as 'Bags to Go'). That isn't noted in the filings. I believe strongly that is the actual company that he is talking about in those filings, and not UJet, and that UJet was erroneously identified initially and never corrected.
All in MNSVHO, of course.
P.S. Keep in mind that RA specifically stated that there UJet debt in the webcast, so you have to wonder how much of the claimed assets will be outweighed by debt. It is very unusual for RA to mention negatives about anything, so that has me scratching my head as to why he did.
