Well, it definitely seems the UCMv2 is dead. Here are the steps we took to recover (because we didn't have a spare UCMv2 available):

1. Pulled m-SATA drive and installed in a laptop
2. Booted laptop to Linux CLI
3. Changed eth0 to IP we could use (/etc/sysconfig/networking-config scripts)
4. Connected via Voicemail Pro Client, performed an immediate backup
5. Moved backup to a UCMv1 and restored
6. Installed UCMv1 in IPO
7. Bob's you're uncle!

[Linked Image from web.atcomsystems.ca]
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