U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 4
STATEMENT OF CHANGES IN
BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
1. Name and Address of Reporting Person
Julius W. Basham II
6176 Laurelwood Drive
Reno, NV 89509
2. Issuer Name and Ticker or Trading Symbol
UAX
3. IRS or Social Security Number of Reporting Person
(Voluntary)
4. Statement for Month/Year
February, 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X ] Director
[X ] 10% Owner
[__] Officer (give title below)
[__] Other (specify below)
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7. Individual or Joint/Group Filing
[X ] Form filed by One Reporting Person
[__] Form filed by More than One Reporting Person
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
1. Title of Security (Instr. 3)
Common Shares
2. Transaction Dates (Month/Day/Year)
2/1/00
2/17/00
2/18/00
2/29/00
3. Transaction Code (Instr. 8)
S
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Date Amount (A) or (D) Price Per Share
(less
commission and
costs)
2/1/00 2,500 D 9.341
2/1/00 1,500 D 9.278
2/1/00 1,900 D 9.216
2/1/00 4,900 D 9.091
2/1/00 8,100 D 8.966
2/17/00 5,000 D 7.962
2/18/00 5,000 D 8.587
2/29/00 3,000 D 7.953
2/29/00 2,100 D 7.703
</TABLE>
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5. Amount of Securities Beneficially Owned at End of Month
(Instr. 3 and 4)
1,575,000
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
D
7. Nature of Indirect Beneficial Ownership (Instr. 4)
TABLE II - DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)
2. Conversion or Exercise Price of Derivative Security
3. Transaction Date (Month/Day/Year)
4. Transaction Code (Instr. 8)
Code
5. Number of Derivative Securities Acquired (A) or Disposed
of (D) (Instr. 3, 4 and 5)
(A) (D)
6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Title Amount of Number of Shares
8. Price of Derivative Security (Instr. 5)
9. Number of Derivative Securities Beneficially Owned at
End of Month (Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or
Indirect (I) (Instr. 4)
11. Nature of Indirect Beneficial Ownership (Instr. 4)
Explanation of Responses:
Date: March 6, 2000
//s// Julius W. Basham II
______________________________
Julius W. Basham II
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