Universal Capital Management, Inc. (the "Company") is a public venture capital company. The Company is primarily engaged in the business of furnishing capital and making available managerial assistance to emerging companies with high growth potential that do not have ready access to capital through conventional financial channels. The Company refers to the companies in which it invests as "portfolio companies."
The Company's investment objective is to generate capital appreciation, primarily through investments in equity securities.
The Company, a Delaware corporation, is a closed-end, non diversified management investment company that has elected to be treated as a business development company under the Investment Company Act of 1940 (the "1940 Act"). It was formed on August 16, 2004. The Company offices are located at 2601 Annand Drive, Suite 16, Wilmington, DE 19808. The Company's fiscal year ends April 30. The Company's Internet website is located at: www.unicapman.com.
At April 30, 2007, the Company had equity investments of approximately $6,011,882 at fair value in nine portfolio companies.
