China Tracker - Safety/Risk Model (Stage One) for Universal Travel Group (UTRA)

 Universal Travel Group
 Going Public
Market Segment:
Going Public: 2006-07-12Reverse Merger
 Auditor
Auditor: EFP Rotenberg 
Number of Auditors (since Jan 1, 2009): 5
Auditor Resignations (since Jan 1, 2009): 3
 Internal Controls
Internal Controls (Management): not effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 3 
Number of CFOs (since Jan 1, 2009): 3
CFO Resignations (since Jan 1, 2009): none 
Main Shareholder (Jiangping Jiang): Chairman, CEO 
Ownership Percentage: 27.55% 
 Analyst Coverage
Total Coverage: 1 Analyst(s) 
Tier 1 Firms: 0 Analyst(s) 
Tier 2/3 Firms: 1 Analyst(s) 
 Indicators
New Shares / Dilution (TTM): 4.93 million31.91%
Short Interest: no data 
Account Receivables (MRQ): $25.67 million0.00%
 Recent Events
Delinquent with SEC Filings: YES
Short Seller Attacks (Corporate Governance): NO 
Detailed Fraud Allegations: YES
 
 Auditor History (since January 1, 2009)
2011-04-28EFP RotenbergAppointment
2011-04-09Windes & McClaughryResignation
2010-09-30Windes & McClaughryAppointment
2010-09-27Goldman Kurland MohidinResignation
2010-09-01Goldman Kurland MohidinAppointment
2010-09-01Acquavella, Chiarelli, Shuster, Berkower & Co.Dismissal
2009-06-30Acquavella, Chiarelli, Shuster, Berkower & Co.Appointment
2009-06-30Morgenstern, Svoboda & BaerResignation
 Senior Management Trail (since January 1, 2009)
2010-08-16Jing XieInterim CFOAppointment
2010-08-16Yizhao ZhangCFOContract Expired
2009-08-17Yizhao ZhangCFOAppointment
2009-08-17Jing XieCFODismissal
2009-02-17Jing XieCFOAppointment
UTRA
Travel
SAFETY/RISK SCORE
0%
EXTREME RISK
Detailed Score: -69.375/750
Current Price:  n/a
F10k Day (2006-09-05): -100.00%$2.40
2009 Close: -100.00%$10.14
2010 Close: -100.00%$6.12
High (2012-05-25): -100.00%$1.45
Low (2012-07-18): -100.00%$0.33
Exchange: N/A
Market Capitalization: n/a
Total Shares: 20.37 mill
Float: n/a
Last Quarter: 2010-09-30
Revenue (MRQ): 46.29 mill
Net Income (MRQ): 6.97 mill
Op. Cash Flow (MRQ): 12.52 mill
all financial data provided without warranty