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The company continues to seek out other acquisitions and/or mergers in the areas of land development, residential mortgage financing and construction/general contracting. Union Equity's objective is to become a one-stop source for the residential housing and mortgage finance consumer.
May find some real bargains in the hurricane damaged areas!
-------------------- It is always darkest before it goes completely BLACK!!!
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I currently have 10K Shares of UNQT. I am a newbie. What do I need to do for the 6 to 1 split?? Do I just leave them in my ameritrade account and they will be split automatically??
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sounds good i just picked up more today at thease prices i don't think it will stay here long.this guy like to put out the pr so i think we will be very surprised and informed. go unqt go
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Ziptar, Just asked the same question yesterday. You have to be an owner of shares on the report date of 4/27/05. That will record you as the owner automatically trough nasdaq(all electronic). Then, on May 16th, 2005 those shares will be so called "mailed" to you. Then, you have just become six times more owner of this company in your own special way. Isn't this stuff cool as hell! Happy trading. Glenn
-------------------- wide open until you see god, then brake!
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Is this our UnionEquity? Union Equity Corporation is one of the fastest growing mortgage companies because of our commitment to place each client with the best possible loan. Our staff of experienced loan officers listen to each client's individual needs before they go to work to put together the best options available. Our programs range from no down-payment purchase loans to debt-consolidation home equity loans at the best rates available.
We have programs to fit any need or credit history. No matter what your situation, one of our loan specialists can discuss programs and options with no sales pressure. All rates and fees are discussed before we begin to work for you. Usually we can provide several options from which to choose.
At Union Equity we realize your home is your most important investment and we treat it with the care it deserves.
Call us today at 888-335-9968 to see how we can help you!
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"Union Equity Inc is a Delaware Corporation." Note the "Inc." It is confusing that they have "Union Equity Corporation" on their website heading.
Note the company/name symbol for UE Corp: compared to the company/name symbol for UE Inc:
Also, UE Corp's slogan is: "Your Goals, Our Solutions". UE Inc's slogan is: "Business That Adapts".
These are in no way definitive facts that separate the two; send them an email and ask. However, there are probably a lot of "Union Equity" companies. The name can't be copyrighted.
a-Signals between MMs... 100 > I need shares 200 > I need shares badly but dont take it down to get em 300 > Take the price down to get shares.... 400 > Trade it sideways based on Supply and Demand 500 > Gap one way or the other, usually to the direction of the 500 trade. Sometimes -if in the middle -keep the price right where it is.
-------------------- It is always darkest before it goes completely BLACK!!!
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Union Equity Responds to Shareholder Inquiries; USA Today Declares ``Housing Market on Miami Coast is Hot, Hotter, Hottest``
April 21, 2005 09:17:01 (ET)
PALM BEACH, Fla., Apr 21, 2005 (BUSINESS WIRE) -- Union Equity Inc. (Pink Sheets:UNQT) CEO Michael Anthony couldn't have said it better. The 4/19/05 issue of USA Today by Marilyn Adams profiled the condominium construction boom in south Florida and provided readers with some remarkable insight as to why this market is unique.
The article stated that: "Florida's developers and real estate brokers are flying high amid an unprecedented condo-building and -buying wave they hope won't end anytime soon. The frenzied spending is coming to a large extent from outside Florida -- well-to-do baby boomers from the North nearing retirement, and foreigners whose money for real estate has gained potency from a weak dollar."
"The economy has gone through a serious economic shift over the past twenty years," said Union Equity CEO Michael Anthony. "We're dealing with a massive influx of overseas dollars flooding in to buy a piece of the Florida dream. For years I've been trying to get people to understand what's happening here but unless you see it for yourself it's difficult to understand the scope of all the building and renovation."
The USA Today article went on to state: "The weak dollar makes Florida real estate look like a bargain abroad. To Europeans with euros to spend, for example, Florida property can seem like a deal because of the added buying power they get from a favorable currency exchange rate. Unlike the past, today's Florida developers aren't targeting just retirees or snowbirds from the Northeast and Latin America. Luxury buildings are targeting the wealthy worldwide."
"South Florida is going through the largest urban redevelopment in its history," says Michael Cannon of appraisal firm Integra Realty Resources.
Union Equity currently has several projects under consideration and will post news as soon as is appropriate.
The company has recently approved a 600% dividend in the form of six-for-one forward split of its common stock issued and outstanding as of 4/27/05 (the record date). Odd lots shall be rounded up. Shareholders of record on 4/27/05 will receive six additional shares for every one share of common stock owned on that date. The mail date for the additional shares is May 16, 2005.
The six-for-one forward split does not apply to the 6,049,244,000 restricted shares closely held by management. Currently there are approximately 117,000,000 shares in the float.
"We're moving aggressively as possible in this market," said Anthony. "This is my backyard."
The USA today article by Marilyn Adams can be read in its entirety at;
Union Equity is a national real estate development and holding company, specializing in the fields of Residential Property Development, Mortgage Finance and Construction of New Residential Properties. The company operates independently and through its wholly-owned subsidiary Eden Development Group and plans to grow aggressively over the next two to three years through acquisitions, mergers and internal growth.
About the Industry
Florida ranked fifth nationally in housing appreciation in 2004.
-------------------- It is always darkest before it goes completely BLACK!!!
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Anyone here holding on to what they have before the F/S takes place? What are some outlooks and Opinions as to what is ahead after the F/S? Could this turn into a group play after the F/S?
[ April 21, 2005, 12:27: Message edited by: Peaser01 ]
Related Quotes Sym. Price Chg. UNQT Trade News 0.005 0 New Union Equity Website Feature Designed to Inform Shareholders; Record Date Approaches for Forward Split
April 22, 2005 08:13:01 (ET)
PALM BEACH, Fla., Apr 22, 2005 (BUSINESS WIRE) -- Union Equity Inc. (Pink Sheets:UNQT) CEO Michael Anthony understands that communication is the backbone of any successful business, whether publicly traded or privately held. Information must be disseminated fairly, accurately and in a timely fashion.
Consequently, the company has added a special Shareholder Center to their website http://www.UNQT.com. In addition to distributing press releases, CEO Anthony believes it is the single most effective way to keep shareholders in the loop regarding company news.
"The company has gained almost a celebrity status recently, particularly in the past week," Anthony said. "When national publications start touting the power of the South Florida real estate market it definitely gives us momentum. You can't buy press like this."
Anthony is referring to an article entitled "Housing Market on Miami Coast is Hot, Hotter, Hottest" that was written by Marilyn Adams and published in the 4/19/05 issue of USA Today. The story profiled the condominium construction boom in South Florida.
"Launching the Shareholder Center on the company website was our most logical move," said Anthony. "The Shareholder Center allows us to effectively disseminate information and answer questions. Right now there are so many people trying to conduct due diligence by deciphering erroneous postings on industry message boards and chat rooms. We want shareholders to have immediate access to an accurate alternative information source."
Shareholders and the general public are encouraged to go to the Shareholder Center page of the company web site and click on the Message from CEO links. Specific questions should be forwarded to the company via e-mail so that they may be answered in future Shareholder Center updates.
In addition, the company has recently approved a 600% dividend in the form of six-for-one forward split of its common stock issued and outstanding as of 4/27/05 (the record date). Odd lots shall be rounded up. Shareholders of record on 4/27/05 will receive six additional shares for every one share of common stock owned on that date.
About Union Equity
Union Equity is a national real estate development and holding company, specializing in the fields of Residential Property Development, Mortgage Finance and Construction of New Residential Properties. The company operates independently and through its wholly-owned subsidiary Eden Development Group and plans to grow aggressively over the next two to three years through acquisitions, mergers and internal growth.
About the Industry
Florida ranked fifth nationally in housing appreciation in 2004.
PALM BEACH, Fla., Apr 22, 2005 (BUSINESS WIRE) -- Union Equity Inc. (Pink Sheets:UNQT) is currently reviewing numerous real estate projects, the most immediate of which are based in South Florida.
"We're looking at some residential renovation projects in the historic districts of West Palm Beach as well as some turn-key projects in the Miami area," said CEO Michael Anthony. "Our goal is to accumulate a basket of quality properties over the next twelve to eighteen months. Some properties will be put back on the market immediately if there is an opportunity for a short-term profit and other properties will be kept in portfolio if their upside appears to be more long-term."
The West Palm Beach historic districts that Anthony refers to are the El Cid, Northwood and Flamingo Park areas that surround the city's traditional downtown business district and City Place, West Palm Beach's powerhouse enclave of exclusive shops, restaurants and nightclubs. West Palm Beach's downtown and City Place are located adjacent to one another within a two-square mile area.
"The most successful developers in South Florida are the ones who stick to the basics and spread their efforts between West Palm Beach and Miami. Since 1975 I've seen a lot of guys come and go, but the true superstars of the industry are the ones who stay flexible, work hard and don't over-extend. We intend to do the same."
The company will post additional news as soon as contracts are signed on projects that are currently under review.
In addition, the company has recently approved a 600% dividend in the form of six-for-one forward split of its common stock issued and outstanding as of 4/27/05 (the record date). Odd lots shall be rounded up. Shareholders of record on 4/27/05 will receive six additional shares for every one share of common stock owned on that date.
About Union Equity
Union Equity is a national real estate development and holding company, specializing in the fields of Residential Property Development, Mortgage Finance and Construction of New Residential Properties. The company operates independently and through its wholly-owned subsidiary Eden Development Group and plans to grow aggressively over the next two to three years through acquisitions, mergers and internal growth.
About the Industry
Florida ranked fifth nationally in housing appreciation in 2004.
Shareholder Center 4/22/05 The company has truly gained celebrity status over the past week, partly due to some very positive news articles pertaining to the Florida real estate market that have run in national publications. It's always reassuring to see that there are others out there who believe in our business approach and possess our steadfast belief in the opportunities that exist in the Florida real estate market.
It's even better when they're vocal about it and write for a national newspaper. But along with any degree of celebrity come the uninvited byproducts; gossip, misinformation and naysayers. We respect and appreciate the fact that everyone has an opinion, but conducting due diligence on any company by frequenting chat rooms and message boards is not the most scientific or reliable approach.
In order to separate fact from fiction we encourage shareholders as well as the general public to go directly to the source and contact the company electronically or simply check the company web site for updates. Due to the enormous volume of inquiries we receive it can be difficult to respond to each one individually. Consequently, the company has plans to launch an electronic newsletter that will be distributed quarterly.
In the meantime we will continue to publish company news frequently in order to keep our shareholders informed.
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