Ann: Short Form Prospectus, page-2

(c) Section 1.3 – Independent Valuation of the Uranium Assets This section provides details of the independent valuation of the Uranium Assets which valued those assets at approximately $1.75 million which the Board relied upon in determining the overall capital reduction value of $1,766,900 (comprising the Uranium Asset value and amounts of additional equity contributed to UAL by the Company).

UAL shares should be cheaper by the dozen...