posted
redelmo ... I wouldn't count on this "kicking off" anytime really ... I bought in at .0001 and have a sell order in at .0002 GTC. -just waiting for the buying pressure to tick the bid up to my sell point and I'm out. I wouldn't count on this doing anything unless they come out with some blockbuster news and it gets plenty of hype. It's a roll of the dice.
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posted
Maybe my March it will take off. Then again, maybe it won't. I don't look for it happening tomorrow. March is about the beginning of Spring, when the real estate market takes off.
I suspect a lot of hype was generated by the reference to "Monster.com" to which I'm not holding my breath (of course, it could happen, but...well I already said I'm not holding my breath).
When they start posting about profits (or switch to another market) we might see something happen.
-------------------- May your trading build your character as well as your portfolio.
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posted
Probably has to hit .0003 to get that, and it looks like the stock has been dead for nearly a year. Not wishing anyone any ill, I'll watch it but I wont jump in just yet.
-------------------- Well done is better than well said. Ben Franklin
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Union Equity CEO Purchases 50 Million Shares of Company Stock Thursday May 12, 9:02 am ET Lock-Up Agreement Posted on Company Web Site
PALM BEACH, Fla.--(BUSINESS WIRE)--May 12, 2005--Union Equity Inc. (Pink Sheets:UNQT - News) CEO Michael Anthony has purchased 50 million shares of the company's common stock in a private transaction from an unaffiliated third party. ADVERTISEMENT
Due to Anthony's affiliate status the free-trading shares he purchased are now restricted under Rule 144. Anthony is in the process of taking delivery of the stock in certificate format.
"The shares were purchased with personal funds," said CEO Michael Anthony. "I like the stock at these levels."
On May 10, 2005 Anthony executed a lock-up agreement that will prohibit him from selling any of his personal company stock on the open market until November, 2006. Without the agreement in place, Anthony would have been allowed to begin selling his stock on the open market this coming November, 2005, in accordance with Rule 144.
The completed lock-up agreement is currently posted on the company's web site on the Shareholder Center page.
"I'm going to have an amendment drafted to the existing lock-up agreement to include these additional shares," Anthony said.
Union Equity CEO Michael Anthony met late last week with a representative from the company's accounting firm Bagell, Josephs & Company, LLC to begin preliminary work on audited financials for the company.
Due to its "non-reporting" status, Union Equity is not required to complete audited financials but has elected to do so anyway. The company's upcoming financial statements will reflect activity for the year of 2004. The company plans to continue to complete audited financial statements from this point forward in order to eventually achieve reporting status.
Bagell, Josephs & Company is registered by the PCAOB (Public Company Accounting and Oversight Board) and is part of the BDO Seidman alliance of accounting firms. BDO Seidman is the fifth largest international accounting firm. Bagell, Josephs & Company was recently rated as one of the top 100 auditing and accounting firms nationwide.
On April 18, 2005 Union Equity approved a 600% dividend in the form of a six-for-one forward split of its common stock. Shareholders who purchase stock in the company by May 16, 2005 will receive six additional shares of common stock for every single share owned. Shareholders or potential shareholders who have technical questions regarding the dividend should contact their brokers directly. The company can not answer any questions pertaining to post-dividend pricing or taking delivery of stock certificates.
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.
I guess it's kinda nice knowing that this CEO is sitting on some shares and he is less apt to take a dump on you and walk away. This could be pretty good if you get in at .0001 a share. Yesterdays action may have rang some bells - other folks could be looking at this - I'm still out at .0002 though. I'll keep an eye on it after that.
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Union Equity Subsidiary Home Sales Express Waiving Listing Fees for a Limited Time to Promote For Sale by Owner Website KingOffer.com Business Wire - January 11, 2006 08:22
PALM BEACH, Fla., Jan 11, 2006 (BUSINESS WIRE) -- Union Equity, Inc. (Pink Sheets:UNQT) subsidiary Home Sales Express is waiving the standard $95 monthly fee for the "Prince" home sales listing package on KingOffer.com. The website is designed to accommodate the For Sale by Owner (FSBO) market and offers property owners multiple listing options.
For a limited time the Company is permitting property owners to list their properties for sale, free of charge, as part of a national promotional campaign for KingOffer.com.
To take advantage of this offer, real estate sellers must log onto http://www.KingOffer.com and select the "List Your Home For Sale" button. Once directed to that page, sellers must select the orange button marked "Free Listing."
The website is user-friendly so even computer novices can easily upload images and descriptive text of the properties they wish to post for sale. Technical and sales support is also readily available.
KingOffer.com contains many features to comprehensively serve the For Sale by Owner (FSBO) market. The website offers sellers three very distinct listing options for their properties; attracts property owners seeking a direct purchase offer from the Company; and gives real estate buyers the opportunity to receive new property listings via e-mail the moment they register with KingOffer.com.
Readers are encouraged to log on to http://www.KingOffer.com immediately to take advantage of this promotional offer.
-------------------- May your trading build your character as well as your portfolio.
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posted
Hmmm. Traded 59M in the last half hour, and shows only 11M total.... Apparently the market has some "issues"; I noticed this discrepency on more than one reporting site, so it must be a problem with the source.
-------------------- May your trading build your character as well as your portfolio.
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posted
this stock might really make some big jumps granted we see the volume start to take off....their is no reason why this stock can't get to .01, the company's overhead is low and exposure might be great....awesome stock to have...
-------------------- pink floyds "money" is the way to live.......
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posted
all the money made off listings is pretty much profit, because of the low overhead...just need this new company to get moving a bit...1 listing is about $100 a month....
-------------------- pink floyds "money" is the way to live.......
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