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.
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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[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
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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United Seeking Additional Projects in Australia
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.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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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.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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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 !
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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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 !!!!
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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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 !
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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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.
Posts: 12 | Registered: May 2005
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True Wallytrader. Probably the BEST IDEA is to DUMP it.
-------------------- "When you have got an elephant by the hind legs and he is trying to run away, it's best to let him run." ...... Abe Lincoln ...... 1.5 million Strong :) Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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I'm with you wallytrader... I'm about to take a BIG loss with this one.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P) Posts: 292 | From: Worcester, MA | Registered: Apr 2005
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well i guess you guys did...lol just dropped on a bunch of sells
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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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.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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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.
-------------------- "keep your stick on the ice & your cup firmly in place" Posts: 3651 | From: Algonac, MI. 48001 | Registered: Jun 2004
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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!
Posts: 23 | From: New England | Registered: May 2005
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big 1,000,000 share buy, does someone know something bout the divedend? (thats about all the volume showing on my screen)
Posts: 269 | From: St. Peters, MO | Registered: Apr 2005
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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.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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posted
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...
Posts: 216 | From: Florida | Registered: Feb 2005
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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.
Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004
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