This is topic UDVE ... Jump IN NOW ! good ENTRY point ! ! DIVIDEND coming very SOON !! in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
VEry Good prospect. GOOD ENTRY at .0028-.0035 Could GO TO .01 CHART looks GREAT !
United Development International to Deliver Cash Dividend to Shareholders Thursday April 28, 8:01 am ET
LAS VEGAS--(BUSINESS WIRE)--April 28, 2005--United Development International (Pink Sheets: UDVE - News), when settlement of the sale of their Guyana assets completes, will deliver out sales revenue to shareholders of record as a cash dividend. This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds to United Development.
Assets have been sold to a private European firm for the minimum sum of $2,100,000.00.
Monies are to be held in escrow for a yet to be determined timeframe as the company wants to ensure that it receives fair value for its assets.
United Development International, quoted on NQB Pink sheets as "UDVE".
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
-------------------------------------------------------------------------------- Contact: United Development International Staff, 250-319-3442
-------------------------------------------------------------------------------- Source: United Development International, Inc.
THE DIVIDEND SHOULD BE =
United: Cash Dividend Equals $0.00575 a Share Thursday May 5, 8:01 am ET
LAS VEGAS--(BUSINESS WIRE)--May 5, 2005--United Development International (OTC:UDVE - News) announces today the cash dividend recently offered to shareholders has at this time an equivalent cash value of $0.00575 per share. This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the recently announced sale of assets of United Development.
United Development International, quoted on NQB Pink sheets as "UDVE".
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
-------------------------------------------------------------------------------- Contact: United Development International Staff, 250-319-3442
-------------------------------------------------------------------------------- Source: United Development International, Inc.
$140,000,000 of measured and indicated reserves. GOLD that is!
United: Initiates Due Diligence on $140,000,000.00 Queensland Gold Property: 300,000 Plus Ounces of Gold Measured and Indicated Wednesday May 4, 8:01 am ET
LAS VEGAS--(BUSINESS WIRE)--May 4, 2005--United Development International (OTC: UDVE - News) announces today it will be reviewing compiled information of the Mt Morgan Gold Mine in central Queensland, Australia. This information has revealed a minimum of $140,000,000 of measured and indicated reserves. There is an additional measured and indicted gold reserve that may now be viably extracted with the price of gold over $400.00 per ounce.
The company's geological advisor will conduct an independent review of this information to confirm reserves as well as report to the company the viability of production costs and capabilities.
The company will initiate the next phase of acquiring the rights to the property upon timely completion of the independent review.
United Development International, quoted on NQB Pink sheets as "UDVE".
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
-------------------------------------------------------------------------------- Contact: United Development International, Inc. Staff, 250-319-3442
-------------------------------------------------------------------------------- Source: United Development International, Inc.
Posted by Earth_Shaker on :
Wont be .0028 forever ! THIS new Pr means the DIVIDEND should be closer to .00775 COOOL !!!
United Initiates Discussions on New Settlement Terms: Increase in $2,100,000.00 Value Expected
LAS VEGAS, May 06, 2005 (BUSINESS WIRE) -- United Development International (OTC: UDVE) announces today that the company has re-opened discussions with the purchaser of its Guyana assets. Original terms were in relation to gold prices below $395.00 an ounce. With gold prices consistently over $425.00 an ounce recently, the company expects the minimum value of the $2,100,000.00 settlement will increase. This in turn would increase the value of the recently announced cash dividend.
This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the recently announced sale of assets of United Development.
Posted by KonaRide on :
...what's the date to be elligible?
Posted by Earth_Shaker on :
GET IN NOW. who is elligible =
LAS VEGAS--(BUSINESS WIRE)--April 28, 2005--United Development International (Pink Sheets: UDVE - News), when settlement of the sale of their Guyana assets completes, will deliver out sales revenue to shareholders of record as a cash dividend. This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds to United Development.
NO BRAINER PEOPLE. I could be Wrong BUT DO THE MATH. Am I DREAMING ???? .00575 or .0775 is still a DOUBLE or TRIPPLE !!
Posted by Earth_Shaker on :
Add that to .028 and we have A PENNY !
Posted by HitMe101 on :
In as well,lookin to get PAID!!
Posted by Earth_Shaker on :
HitMe101 .. HELP ME OUT .. Am I DREAMING on this ONE ?????
Posted by Leardron on :
The only problem I see on this one, if everything is on the up and up, is the question of when will the dividend be paid. As soon as they annouce the dates, this thing will go through the roof. With them reopening negotiations, however, leaves the impression that it might be a little while till they do that.
Posted by Earth_Shaker on :
May 06, 2005 08:00:08 (ET)
LAS VEGAS, May 06, 2005 (BUSINESS WIRE) -- United Development International (UDVE, Trade) announces today that the company has re-opened discussions with the purchaser of its Guyana assets. Original terms were in relation to gold prices below $395.00 an ounce.
With gold prices consistently over $425.00 an ounce recently, the company expects the minimum value of the $2,100,000.00 settlement will increase. This in turn would increase the value of the recently announced cash dividend.
This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the recently announced sale of assets of United Development.
United Development International, quoted on NQB Pink sheets as "UDVE".
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
SOURCE: United Development International, Inc.
.00775 DIVIDEND at $425.00 per ounce.
Posted by Earth_Shaker on :
quote:Originally posted by Leardron: The only problem I see on this one, if everything is on the up and up, is the question of when will the dividend be paid. As soon as they annouce the dates, this thing will go through the roof. With them reopening negotiations, however, leaves the impression that it might be a little while till they do that.
Only because they realise that Gold is now at $425 per ounce NOT $395 ONLY A MATTER of weeks OR days I would say.
How many Penny Stocks can you actually count on for a PAYDAY. This one LOOKS to GOOD to BE TRUE !
Earth_man
Posted by HitMe101 on :
Glass,your not dreaming this has the potential to pay off Big!!
Leardon,I agree on this goin through the roof!I'm in a good position & ready for the ride.Good Luck all.
Posted by Leardron on :
quote:Originally posted by Earth_Shaker:
quote:Originally posted by Leardron: The only problem I see on this one, if everything is on the up and up, is the question of when will the dividend be paid. As soon as they annouce the dates, this thing will go through the roof. With them reopening negotiations, however, leaves the impression that it might be a little while till they do that.
Only because they realise that Gold is now at $425 per ounce NOT $395 ONLY A MATTER of weeks OR days I would say.
How many Penny Stocks can you actually count on for a PAYDAY. This one LOOKS to GOOD to BE TRUE !
Earth_man
Your right, which is why this thing isn't going to move too much until they announce the date. Once the date is annouced, it will fly.
Posted by Earth_Shaker on :
I had a problem FILLING my order for 500,000 shares BUT - Im IN BIG TIME as WELL.
HURRY before this TAKES OFF !!!
Posted by HitMe101 on :
No big hurry,just as long as you get in before the announcement.Price may be up though!
Posted by Earth_Shaker on :
My $1500 investment will yeild me $3500+
Not BAD for a SUB PENNY.
Posted by HitMe101 on :
So what will my 20 bucks bring?
Posted by PennyStock_Master on :
quote:Originally posted by Earth_Shaker: My $1500 investment will yeild me $3500+
Not BAD for a SUB PENNY.
I hope you do good. Be on the look out thoug...
I would suggest you try to contact them... I have heard is really hard to get in touch with them????
Its looking like a P&D to me. Notice the second press release on both of the Dividends PR's. Some one is pumping this one. IMO.
Posted by Thorn on :
Proverb: If it sounds too good to be true, it probably is.
Posted by Earth_Shaker on :
Thorn Are you a paid BASHER ?
Posted by bill1352 on :
i'm in for $500 but thorn isn't wrong to question this. there is a very old & very long thread called CMKX, a mining company that gave out divys...look a bit & find GWGOE, mining company with divys & an "E" that will soon kick it off the otc & down to pinks because of being so late in filing. i'd say the market has worries too as todays news dropped the pps. won't say it is & i bet $500 it isnt but it could be the set up to say they aren't selling cheap & the deal is gone. this is pennyland folks.
Posted by Earth_Shaker on :
Thanks Bill. Hope we are LUCKY then.
Posted by HitMe101 on :
If ya can't afford to gamble, then don't!!
Stocks can make ya or break ya.Everyone listed in this Thread is merely passing along info for us to or not to invest/gamble.No one is forcing you! Good luck all.
Posted by Earth_Shaker on :
Thanks HitMe101
GOOD LUCK to US ALL !!
Posted by Thorn on :
Basher? Me? More like a word of caution. I don't get paid for it. GLTY. For all we know this could be the next CMKX.
Posted by BuyTex on :
Hey, Thorn, you ever get a record date on this? I'm with you on the caution angle...
Posted by Mule on :
Got me confused. Went from .0036 to .0026 If this is for real it should be going up, not down. Wasn't the record date in late April?
Posted by Wallytrader on :
quote:Originally posted by Mule: Got me confused. Went from .0036 to .0026 If this is for real it should be going up, not down. Wasn't the record date in late April?
Its going down because nothing is set in stone yet, just a few PRs that are pretty broad and leave much to be defined. As soon as PR comes out that is more detailed it will go up.
The devils advocate also says that someone could be pumping this and that it is a sham...always possible.
I have a few shares, so I guess the only thing I can do at this point is wait and find out if the lottery number is mine or if I just wasted my money on some paper with numbers on it. If it turns out to be a sham, we have all been had. However, if it turns out to be true and they do pay a dividend of .00575 or even .00775 on top of a healthy rise in the stock itself, I should make a pretty penny.
Its Pink Sheets, so anything is possible.
Posted by trendtrader2004 on :
I concur with your thoughts on this Wallytrader. I have played a stock that has done a stock dividend, and the price ran pretty well, upto the day before you had to be in it to be eligible for the stock divy, and then it came crashing down unexpectedly see (GWGO) currently (GWGOE), but I have not played a stock doing a cash divy, so right now I am not sure what to make of the price going down. On one hand, I am thinking that even the price keeps going down, as long as they pay the cash divy I would come out ahead, but that is the catch if they pay the divy. The thing that has me a little worried is the fact that there has been no date set, and the fact that the are negotiating for a better deal sounds nice, and all, but if the deal goes south then I would assume there would be no divy, and if the price continues to go down this is a lose, lose situation.
Posted by Earth_Shaker on :
"the company has re-opened discussions with the purchaser of its Guyana assets"
"Original terms were in relation to gold prices below $395.00 an ounce. With gold prices consistently over $425.00 an ounce recently, the company expects the minimum value of the $2,100,000.00 settlement will increase. This in turn would increase the value of the recently announced cash dividend."
I FEEL that The Deal HAS ALREADY BEEN STRUCK. JUST the NEW TERMS are being IRONED out..
It will FLY and you will be grinning from EAR to EAR. I am just glad I found this situation to ponder over. )
Posted by Earth_Shaker on :
Quote: "discussions with the purchaser of its Guyana assets"
Purchaser means: One who purchases something
Posted by bill1352 on :
that could be the way it is earth but it leaves the door open for the company to come back & say the purchaser would not raise the price so we canceled to protect shareholder value. remember gold prices can go back down. why would a buyer increase the price he is buying at if a contract was already signed? i'm in but the pps decrease says i'm not the only 1 that see's a problem with that last pr. a pay date will change everything & .006 is very possible
Posted by moneyhngry1 on :
Looks promising. I plan to get in when it drops to .0001
P.S. How do you become a paid basher? Maybe that way I can actually makesome money on pennies!
Posted by JHenry on :
Can anyone find and info that makes this company look legitimate besides the press releases. I can't find much of anything. The press releases say Contact:
United Development International Staff, 250-319-3442
www.whitepages.com says: We're sorry. We did not find a listing for the phone number you entered. The phone number "(250) 319-3442" is a South Kamloops, BC based phone number and the registered carrier is TELUS Mobility. However, due to number portability, some numbers have been transferred to a new service provider other than the registered carrier.
I can't find anything on United Development International doing searches.
www.pinksheets.com: UDVE -- United Development International
Posted by JHenry on :
Sorry, I didn't finish: www.pinksheets.com: UDVE -- United Development International Phone: 702-579-4114
This phone is listed as: Kde Enterprises Incorporated Spring Mountain Rd Henderson, NV 89146 (702) 579-4114
but I can't find anything on Kde either.
no SEC filings - nothing???
Posted by JHenry on :
Yahoo 's listing of press releases has one from Tue, Jun 22, 2004 RESTON, Va., June 22, 2004 (PRIMEZONE) -- Global Explorations Inc. (Other OTC:GXXL.PK - News) and Millennium SMS (http://www.MillenniumSms.com) has been selected to facilitate public relations for United Development International (Other OTC:UDVE.PK - News) and distribute press releases to its database of 1,000,000 people.
www.millenniumsms.com is not exactly what I would call a proper location that I would want to "facilitate public relations" for my company.
I would like to get on board but I just can't find anything that makes me feel comfortable on this one. I get the feeling the company is just doing some pumping of their own.
Posted by JHenry on :
pinksheets has Officers: Robert Doherty, Pres., CFO, & Sec't.
I think he's the whole show.
I found his home address:
Robert Doherty 2220 Pine Breeze Ln Las Vegas, NV 89119-7822 (702) 369-8109
Anyone want to call his house?
Posted by Earth_Shaker on :
quote:Originally posted by JHenry: pinksheets has Officers: Robert Doherty, Pres., CFO, & Sec't.
I think he's the whole show.
I found his home address:
Robert Doherty 2220 Pine Breeze Ln Las Vegas, NV 89119-7822 (702) 369-8109
Anyone want to call his house?
I believe the address listed with Pinksheets is the address of his corporation (Office). I am talking to his neighbor in Canada right now. And I am hoping to get the truth about the Dividend early.
According to this person I am talking with He lives in Canada. Posted by Earth_Shaker on :
[QUOTE]Originally posted by JHenry: [QB] Can anyone find and info that makes this company look legitimate besides the press releases. I can't find much of anything. The We're sorry. We did not find a listing for the phone number you entered. The phone number "(250) 319-3442" is a South Kamloops, BC based phone number and the registered carrier is TELUS Mobility.
BC = British Columbia, Canada.
He lives in BC Canada.
I am working on getting us some more DD. Sit Tight !!
Earth_Man
Posted by Earth_Shaker on :
Ok here is there website. Sorry it may be a little outdated BUT BETTER then NOTHIN.
LAS VEGAS, May 09, 2005 (BUSINESS WIRE) -- United Development International (OTC:UDVE) announces today that the company will be reviewing additional projects brought to them by a business group from Australia for potential joint ventures and ownership. Company officials will be meeting these partners later this week and will report the viability of potential in a timely fashion. The company wants to ensure all shareholders that any new ventures will not be financed by revenue received from its sales of Guyana assets as these funds are set aside for distribution relating to the recently announced cash dividend.
This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the announced sale of Guyana assets of United Development.
United Development International, quoted on NQB Pink sheets as "UDVE".
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.
Posted by Leardron on :
pure and simple why this stock dropped after the news. For the most part I think it dropped because now the dividend date is now probably not going to be in the near future. There was never any date in the first place but the feeling was that the deal was basically complete and they were going to announce the date very soon. As soon as they said they were reopening negotiations that now gives the impressions to everyone that this is going to be a while till the dividend is coming so the ones that were in for the short term bailed because why tie up your money for several months while they renegotiate.
Posted by Earth_Shaker on :
Could be days. Colud be weeks. Could be months. No One Knows for certain. I would lean toward the sale being finalized in a matter of weeks. Not days or months.
Good Luck to US !
Posted by Earth_Shaker on :
Ok I am probably going to wait until they release an actual DIVIDEND date. Just to be SAFE.
I have done a little research over the weekend and found out that GXXL also from BC CANADA is helping UDVE with there PRs. And I also found out that GXXL had dilluted there shares to oblivion and back AND had done the DREADED Reverse Split.
So CAUTION ! is THE WORD on THIS ONE. Just Until we get a HARD DATE.
Thorn you were right about this one. GXXL is a VERY SHADY company and they are HELPING UDVE.
HMMMMMMMMMMM !!!!
Posted by HitMe101 on :
Been holding up well considering.
Posted by Earth_Shaker on :
DONT INVEST IN THIS COMPANY UNTIL YOU CAN CONFIRM A dividend date !
Just Cautionary Words. Thorn IS RIGHT on THIS MATTER.
GOOD LUCK TO YOU ALL !
Posted by Wallytrader on :
I hate to say it, but this is looking like an endless downward spiral. I was really hoping that it would pan out, but I think it is time to bail until we get more information.
Posted by Earth_Shaker on :
True Wallytrader. Probably the BEST IDEA is to DUMP it.
Posted by lushka16 on :
I'm with you wallytrader... I'm about to take a BIG loss with this one.
Posted by pensandoenti67 on :
The last time I got into a dividend on a penny stock, I lost 60%.
Check SEIH and PLNI if you want to invest your money
Posted by bill1352 on :
well i guess you guys did...lol just dropped on a bunch of sells
Posted by pensandoenti67 on :
wait about 30 days, let everyone suck every penny they can, if the company is good the stock will rebound from the dividend or r/s. I seen it many times, the price will drop then it will bounce back, if you are not in I wouldn't recommend it, wait 30 days after the processs, I'll be watching this one, just telling what has occurred to me in the past. Made good money by waiting. Did'nt follow my own rule last time and got burnt.
Posted by Hiram on :
quote:Originally posted by HitMe101: So what will my 20 bucks bring?
a punch to the jaw and a boot to the chin! ha.
Posted by bill1352 on :
what the pps depends on the divy news. 375 million in the o/s isnt too bad & they said the divy might increase on a new deal so i'd say unless they intend to dump the deal & this was a dilution pr set up shares are not being added into the o/s. if the divy is honest then this drop will speed them up some. no company want to announce a divy almost 100% bigger then the o/s when announced & then see the pps drop. if honest it should lit a fire.
Posted by dividend7 on :
Unless the CEO blatantly lied about the dividend, this stock will be rocketing when the record date is announced. Hopefully it won't be too far in the future!
Posted by archmotel on :
big 1,000,000 share buy, does someone know something bout the divedend? (thats about all the volume showing on my screen)
Posted by driftwood on :
Has anyone heard any news on this company? Or is it just a sham?
Thanks!
Posted by Leardron on :
quote:Originally posted by driftwood: Has anyone heard any news on this company? Or is it just a sham?
Thanks!
I think it is a sham but I am waiting for the other shoe to drop. Still think once they are finished dumping that they will put out a PR that states they are finalizing a deal that will pay X amount per share cash divy. Then once it runs up they will say the deal fell through. I want to be in the run up and get out before they dump it the second time. I don't think the pump and dump is done on this one yet. Has to be getting close to the bottom out point though.
Posted by BchOus on :
last news posted on www.pinksheets.com was Willy Wizard, May 18th. Potential partnership or purchase of an Austrailian company. UDVE has stopped all of the press releases....I am in hopes they produce something positive...
Posted by driftwood on :
Thanks for the update!
Posted by Leardron on :
hmm, this one just dumped. Keep an eye out for the bounce. If it goes down to 6 or 7 I would jump in for a quick ride.
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