stockaholic,As of March 27, 2001, 8,920,946 shares of the issuer's Common Stock were outstanding.
At .12 that gives UMCC a market cap of $1,070,513.
Total revenues for the fiscal year ended December 31, 2000, were $27,614,231
With 27M in revenues they have a viable product that is in the market place. All they need to do is make those revenues profitable. Even using your numbers of a $1,000,000 loss. They are making huge strides to profits.
Using your numbers if they show the same progress next year. 6 million loss to a 1 million loss. This year they would show a 4 million profit.
How can the fiona loan due be over come?