Yep, that's it. But the sawback is totally useless and only serves to hurt yourself. On mine (I did not know it was United Cutlery, it was sold by a hunting supply store) I took the sawback off with an angle grinder, and now it is sort of a bolo as I kept the point. This thing is too thick to be a really effective chopper of green vines, but you can still bludgeon stuff with it. I keep it in my car for that reason, and just this morning chopped my way through a narrow trail invaded by thorny vines to make way for my balloon chase vehicle (with a balloon you often land in strange places; do not mind scratching your vehicle during retrieval).Just to add something positive here, it looks like it could probably make a fairly good knock around blade for your shrubbery or back yard garden. You could abuse the heck out of it and avoid using your more valuable blades on such mundane tasks. Then, when you pack your gear to go out into the woods and play mountain man, you can leave this thing hanging in the tool shed and strap on whatever knife, kukri, machete, sword, or axe you have the most confidence in, and blaze your own new trail.
My Tramontina 14-inch Bolo leaves this thing in the dust, of course. No contest. Half the weight, ten times as effective.
The thick blade of the colombian sawback, once you have ground off the sawback (!), is good for batoning logs of firewood. ;-) With the sawback it sucks.