United American Ventures, LLC
UAV Beware of the Snake Oil Salesman
- 05-29-2010
- 22
Beware of Eric Hollowell, Snake Oil Salesman
I was an employee of this company. Eric will claim experience in taking multiple companies public. Not true. He has not ever taken any company public. He also claims to have written Peachtree Accounting software at the age of 15. Also not true.
The company has been investigated by the Securities Exchange Commission (SEC) since December. The SEC seized all of UAV's bank accounts in 12/09.investors have not received their monthly interest payments since 12/09. None of the employees was paid since the SEC seized the bank accounts either so they all resigned. UAV has one unpaid intern to answer the phones now.
Due to Eric Hollowell's hypochondria, the company has expenses far exceeding its income. One of his investors is a "cash-only" Mexican farmer who says he made his money "selling vegetables by the side of the road".
Company: United American Ventures, LLC
Country: USA
State: California
City: Irvine
Address: 1920 Main St., Suite 800
Phone: 8004058111
Site: unitedamericanventures.com