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| United Trading.Com has no business operations. The Company was engaged
in the marketing of software aimed at the online gaming industry. Due to a
lack of success in developing updated and improved software following the
departure of the Company's sole programmer, an agreement was entered with
Recantoazul, S.A., the holder of a license to use its software, whereby
Recantoazul would assume all future maintenance and update of the software
and pay United a license fee based on Recantoazul's profits from the
sublicense of the software to franchised online gaming sites. Since the
last half of 2001, the Company has been engaged in a strategic analysis
for determining potential mergers and acquisitions. The Company is seeking
a merger or acquisition candidate that will meet pre-determined objectives
for its future profit and growth. |
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