posted
Short-term target .001 (1-2 months) the road could be bumpy but the company makes enough acquisitions and developments to keep people interested.
Long-term (1-2 years) I don't like to wade in the uncertainty of trying to predict, or hype, any sub-penny that far in advance, but realistically I see it at .01 again, but it will take time and good solid growth--in fact for long-term success it is probably better for slow sustained growth (slow being a relative word because this is a developing business).
posted
id buy allday at .0003 if i could .0004 is pushing it.honestly you now have 900 million o/s i believe. with all the issuance what have they done for company really to generate revenue to dictate a 900 mil share stock justifies more than this,except when a pr moves it.think about it.did they really make an aquisition or buy a ton of property? no they paid a dividend.so they aquired basically nothing and diluted the market with its stock.they have a name for this type of stock.anybody want to take a shot at it?
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
i could see if they really had good intentions with company,issue stock yes,but for 900 million shares worth at least buy up a ton of property,not pay a divy.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
I don't know what to do on this stock anymore. CEO buys 300 mil shares just before the split. He locks up those shares, and all of his other shares, for a year.
Anyone know how many total shares this guy owns now?
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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posted
CEO locked his shares for an ADDITIONAL year, not for a year.
Stock was not really dilluted. There are over 6B restricted shares that were not split. Adding about 700M shares is around a 11% increase in os. First, that's a pretty small dilute; second, management (restricted shares) did not benefit; third, the revised valuation based on pre-split market value (after a lot of shorting as well) for pps is $.0015.
Then again, this stock was bottoming out at .0035 prior to the shorting, which equates to .0030 for the after-split equivalent market value. Also, all this is without any profit reports, something we expect should be showing up soon.
Now, if you still want to sell, I'm buying; contact me.
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
not diluted?huh if you say so,profit reports,man you have very high expectations for stock.i was liking what they were doin with company but know all i see is a pump and dump know.too many shares out there.first you have alot of people holding shares.so the kind of buying you need to chew thru is ridiculous.cause as sonn as it does go up if at all what do you think eople are goin to do once it goes back up after seeing what .0002/there gonna sell them,so you have to buy up alot to move it up and as sonn as it does the clearing house effect will happen.but after that happens it would be the time for rentry cause pps will be real low so then it would dictate buying then.how will they pay for any real estate ?mo0re issuance and next thing you know there doing a r/s again.or there like prrm.with more outstanding shares than they can count>
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
i was big on unqt when it was promising but now i see his game(ceo).just trying to protect all the new innocent blood around here.not saying it wont run but has alot goin against it now.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
Well, if you are going to bash this stock, feel free, but at least try to get the facts straight, ok?
OS is approx 6,868,244,000 Float is about 819,000,000
Er, what was your reasons for this being a bad investment? All you have given so far is vague statements that this is a bad investment. Could you post something a bit more substantial?
-------------------- May your trading build your character as well as your portfolio. Posts: 1763 | Registered: Jan 2005
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posted
i have, dilution with no purchases or revenues involved.was was it not to long ago 64mil o/s.never said a bad investment just telling people what i see.i dont like direction this companys headed thats all.show me a stock that has 6 bil a/s and no base of revunue that does well.6 bil x current price is what?how many things can they do with that amount of money?when they were 64 mil o/s and price was at .0025 why issue shares for dilution why not buy more real estate?if i ran a legitamate business is this how you would do it?
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
i say this because ive been running companies all my life.thats wht im scratching my head about what he is doing>doesnt make sense.tells me pump and dump,by hia actions.but i would buy some for .0003 in a heartbeat but thats it.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
issuing a divy in stock then announce your buying what 1 house?oo the millions are comin.its called deception is what hes doin.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
I was trying to determine if Anthony is in on the Big Bash Real Estate parties being thrown in Miami to attract investors to the new condo market in South Beach. The actual real estate projects are on the back burner....just doing alot of PR to get up front buyers. The article did not mention Eden Development , but it looks like the current trend to attract customers. I thought the company was real solid, but then I can be easily fooled....Hope they are on the up and up and would like to see a PR that they are not involved in the real estate circus in Miami....of course he is trying to buy a condo in Las Vegas, for what purpose??? Glad to hear any info......
Posts: 216 | From: Florida | Registered: Feb 2005
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posted
the rule of thumb is for a split 3-1 is most you wAnt ith forward split of company with no profits.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
kinda new to all this, but watching the activity of the sells on this and people just selling 75,000 shares, that only is like $25. I dont really get it? Any ideas?
Posts: 269 | From: St. Peters, MO | Registered: Apr 2005
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posted
Do they have actual construction going on in the Palm Beach area or is this all speculation? Do they own any land or buildings? Haven't seen any new news releases since the split....Captnemos are you close to the area or able to see any projects? Gosh, hate to give my money away...
Posts: 216 | From: Florida | Registered: Feb 2005
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posted
yes very close to his office too.they had i believe a house they were talking(key word talking)about buying and reselling.but who knows whats up.well there gonna have to flip houses like they flip stock to make any real money.do the math.say avg 10 percent per house or property.do the math.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
now do yourself a favor and look at wftv its going to be a good one and price is right,COME ON DOWN!LOL.at this point unqt should be bought at .0003 thats it.not saying it wont run on news,but for know.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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posted
thanks for the advice CAPT, im gonna try sggm out first, then turn toward wftv, this forum rocks by the way
Posts: 269 | From: St. Peters, MO | Registered: Apr 2005
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posted
Just Picked up some UNQT. This is gonna move, too much volume for it to sit around here for long!
Posts: 45 | Registered: Feb 2005
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posted
Approx 32 million all .0005 last half hr..Has anyone heard anything on this one?
Posts: 47 | From: Western New York | Registered: Mar 2005
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In opening I would like to thank everyone for being patient while the company has completed one of its most important hires. We have retained Ms. Rosalie Farnsworth of R. Farnsworth & Co. to handle our internal investor communications. Ms. Farnsworth is a highly motivated, energetic and personable professional and is available to answer questions from shareholders and other interested parties.
Her contact information is as follows:
Rosalie Farnsworth Director of Communications 800-916-3457 Fax: 800-916-3451 E-mail: Contact@Union-Equity.com Web site: www.unqt.com
The Communications Process
We cordially request that you review all available information pertaining to the company before contacting Ms. Farnsworth; there are only so many hours in the day. Our electronic newsletter is a device intended to answer certain common questions simultaneously. Our initial intention was to distribute it quarterly but we have decided to increase the frequency of this schedule to accommodate the dramatic increase in investor attention we have received. Although Ms. Farnsworth is at your access, please use her time appropriately in order to benefit the group.
Incoming calls are answered by an operator; names and telephone numbers are then collated and forwarded to Ms. Farnsworth. This is done for the sake of expediency and to create a permanent record in our files. Since calls come in literally from all time and date zones, it is impossible for her to receive incoming calls directly. However, we are taking every possible measure to ensure that all calls are returned promptly.
The Past
The company was founded in response to numerous opportunities that exist in key real estate markets nationwide. We maintain our focus on certain high-profile areas such as West Palm Beach, Miami, Las Vegas and Manhattan, but we never preclude ourselves from taking other areas into consideration.
Our company motto is "Business That Adapts," and as you will read later in this report, this is exactly what we have done in response to an increasingly competitive environment.
The Present
The success of the company is not going to be based on any single project or endeavor, but essentially on a series of many purposeful steps. As most of you know, the company has been included in the prestigious pre-sale group for the new Hard Rock Café Hotel & Casino in Las Vegas. This acquisition is one such deliberate step.
I recently had the opportunity to walk the site for the new Hard Rock condominium project. The immediate area appears to be highly undervalued and is about to undergo a complete urban renewal; existing buildings will be leveled in order to make room for the new multi-million-dollar resort. We believe that upon completion of the Hard Rock Café Hotel & Casino condominium, the acreage surrounding the resort will rival the legendary Las Vegas strip itself.
The city of Las Vegas is growing rapidly. The skyline is punctuated with numerous skyscraper condominiums that are currently under construction and entire projects are selling out in record time. Steve Wynn has recently opened his $2.6 billion casino/hotel on the Las Vegas Strip and Donald Trump is following suit by building his own extravagant gambling and resort complex directly across the street.
Consequently, we are continuing to seek out additional real estate opportunities in Las Vegas. In our own opinion, there is no end in sight for Las Vegas's stellar growth.
We have also been working closely with long-time associates at Fortune Realty in Miami and Realty Associates Florida Properties USA in West Palm Beach to secure additional acquisitions. Due to the fact that the South Florida housing market continues to rally, the market for properties that can be bought at a discount and sold short-term at a profit has become hyper-competitive.
We will continue to persevere in this environment, but the competition we currently face has lead us to our greatest innovation since the inception of the company.
The Future - Home Sales Express, Inc.
The challenge we faced was how to gain a competitive edge in a market that's going straight up. Pre-construction opportunities are still astonishing, but existing properties that are hitting the market in Dade, Broward, Palm Beach Counties and other prime areas are selling in record time. It has become increasingly difficult to play low-ball when someone receives ten offers on their property the first week it is posted on MLS (Multiple Listing Search).
The solution is simple; aggressively pursue properties that are not listed on the open market.
This concept is dynamic, but we needed a strategic application to accomplish this effectively; to get homeowners to come us as opposed to us going to them. We then formed Home Sales Express, Inc., a wholly-owned subsidiary of Union Equity, Inc.
The primary objective of Home Sales Express, Inc. is to attract homeowners who have not yet listed their properties for sale, particularly owners of non-conforming properties. Non-conforming properties typically do not qualify for traditional financing due to structural defects, termites, title problems or zoning issues.
If a property does not qualify for financing it is difficult, if not impossible, for the owner to sell it on the open market unless they are approached by a cash buyer. Since the overwhelming majority of South Florida's current real estate boom is finance driven, if the new buyer can't get a loan on the property, the property goes unsold.
Within 72 hours, Home Sales Express, Inc. can conduct an inspection by a licensed General Contractor, generate an appraisal, perform a title search an then make a cash offer on a target property. Once acquired, the property can be renovated if necessary and then resold.
In South Florida alone there are still numerous houses that have hurricane damage from last year. Our firm belief is that some of these people would like to step out of their properties but just don't know how.
The secondary objective of Home Sales Express Inc. is to attract and approach owners of conforming properties who simply want a speedy liquidation without the use of a real estate agent. Of course, these individuals will be charged a fee to be listed on our website.
The driving force behind Home Sales Express, Inc. will be a highly sophisticated yet user friendly interactive website that is currently under construction. The website will include; an online application so homeowners can submit properties for our consideration a fee-based For-Sale-By-Owner section so property owners can list their own properties for sale a special section for properties that are in the foreclosure process an application so potential buyers can register in the company database and many other features.
The website will be perfectly optimized for maximum search engine penetration, and supported, promoted and advertised through traditional as well as contemporary means. Once the website is drawing sufficient traffic, fee-based banner advertising will also be made available to real estate-related businesses in order to capitalize on yet another source of revenue.
Home Sales Express, Inc. is innovative, flexible and can provide us with a virtually unlimited growth potential via the internet. There are at least a dozen ways to build out the website to include various other revenue streams. Best of all, the concept can be applied nationally, providing Union Equity, Inc. with a steady flow of undiscovered properties to consider for acquisition.
For the past two weeks we have been in a "silent period" while we retained the services of a trademark attorney to protect our logo, slogan and proprietary language for Home Sales Express, Inc. Once operational, the web site will be linked directly to our existing website www.UNQT.com for viewing by shareholders.
Silent Periods
"Silent Periods" will occur when there is simply no news to report. Silent Periods will also occur when trademarks are being secured, contracts are being executed and due diligence is being performed. In these situations releasing news would endanger the success of the project.
During such times we ask that you simply check the company web site for updates regarding industry news and other relevant topics. We understand that from a shareholder perspective it would be nice to see a company press release every morning before the opening bell. However, press releases will only be distributed when there is tangible news to report. At other times we will update our shareholders through our electronic newsletter.
Audited Financials
Since Union Equity, Inc. is a non-reporting, Pink Sheet company, we are under no obligation to draft audited financials. However, due to the fact that we are planning ahead, we have opted to do so in order to take another step towards eventually becoming a fully-reporting entity.
The financials will reflect company operations for the year of 2004.
Closing Comments
We are moving forward aggressively to launch the website for Home Sales Express Inc. as we continue to review potential acquisitions through traditional means. We would like to divulge more about the design of the website but we are presently working with a trademark attorney pertaining to intellectual property issues in order to protect what we have planned.
In the meantime we will continue to keep our valued shareholders informed every step of the way. We respect and appreciate your participation in Union Equity, Inc. and look forward to having you grow and prosper with us in the years to come.
Cordially Michael Anthony, CEO
Forward-Looking Statements This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, which represents the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof and the adequacy of future operations to provide sufficient liquidity. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) fluctuations in price, demand and supply of real estate markets and (iii) risks associated with high capital long term investments. In addition, any forecasts made by the company, whether short-term or long-term, regarding future profitability are based on hypothetical business models and do not constitute a guarantee of profitability. Investors are highly advised to seek professional advice and conduct a compl te due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Investors who initiate such an investment strategy should possess the financial net worth to withstand such a loss. Union Equity, Inc., its subsidiaries, officers and employees cannot guarantee the completeness or accuracy of the information contained in company press releases. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Union Equity Corrects Press Release Dated 4/25/05 Business Wire - May 31, 2005 14:43
Union Equity Inc. (Pink Sheets:UNQT) stated in a press release dated 4/25/05 that CEO Michael Anthony owned 6,049,244,000 of restricted stock. The correct figure is actually 6,043,000,000 shares of restricted stock. The larger of the two figures represented the total of restricted company stock as of that date, including 6,244,000 shares of restricted stock not owned by Anthony.
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.
Posts: 512 | Registered: Jul 2004
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