posted
looks interesing...reported 850k in revs, A/S is only 12mill and float is only 4mill right now...with the one share dividend float gets double to 8mill but price may not be effected as much..may be a buy especially since u have till feb 11th so the rush to get in hasnt appeared yet.hmm
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posted
JACKSONVILLE, NY -- (MARKET WIRE) -- 02/04/08 -- Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that the Ex-Dividend Date for the Share Dividend is Feb. 7, 2008.
The Company is addressing this issue as several shareholders have contacted the Company regarding this matter; to be eligible to receive the 1 for 1 Share Dividend you must have purchased shares no later than Feb. 7, 2008 thus after settlement (3 days not including holidays or weekends) to be a shareholder of record on Feb. 11, 2008. This will entitle you to the Dividend.
All Dividend Shares will be free trading and will be distributed on Feb. 29, 2008 by the Company's Transfer Agent. If any shareholder has further questions regarding this matter please feel free to contact your Broker or the Company.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
posted
Yes, I'm buying as much as I can , 75K shares now and I'll be getting 75K free shares. Even if I dump those 75K free shares at .05 that's $3,750 !!!
This is the best deal out there right now. I truly am amazed this is not approaching 50 cents or higher.
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posted
Interesting news. The acquired company is for real and is making money. Will that mean we will be making money??? Hope so. TMAN...
Ulysses Holding Corp. Announces an Aggressive Significant Acquisition Tuesday February 5, 1:42 am ET
FT. MOHAVE, AZ--(MARKET WIRE)--Feb 5, 2008 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) today announced it has reached an agreement to acquire a significant revenue-producing asset, SecureNetView: www.securenetview.com.
The Company has not or will not deviate from its original business plan of building a chain of retail optical stores; it has recognized a business opportunity within the online retail security arena.
SecureNetView is a well established online security monitoring company of nursery schools and other important retail outlets.
SecureNetView anticipates approximately $2,200,000 to $2,500,000 this year and with the technology involved, Ulysses Holding Corp. believes that the revenue can be doubled within the next year.
Ulysses Holding Corp. will pay SecureNetView (a privately held company) restricted stock; the transaction will be in the form of a share swap, five shares of UHCR restricted common stock (for one year) for one share of SecureNetView's privately held shares.
"We have reviewed this deal several times and even though it does not fit the company's total business plan of a chain of retail optical stores, we just could not pass on the terms and revenues it affords the company," said Clayton Young, President & CEO.
Dr. Bob Beverley, President, said, "We are glad that after hours of negotiations (Pacific Time), we were able to reach an agreement, as it is my belief that SecureNetView will be able to reach its fullest potential as a part of the Ulysses Holding Corp. family and I am fully committed and excited about this deal."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
posted
Question, do we have to be a current shareholder as of February 29th to receive the x-dividend? Or can we hold our shares until after the 11th and then sell, then on the 29th get a share for share dividend?
-------------------- "I'll try not to jinx it" Posts: 3 | From: Utah | Registered: Jan 2008
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quote:Originally posted by Gimme_my_change: Question, do we have to be a current shareholder as of February 29th to receive the x-dividend? Or can we hold our shares until after the 11th and then sell, then on the 29th get a share for share dividend?
Ulysses Holding Corp. Updates the Acquisition of SecureNetView 9:39a ET February 26, 2008 (Market Wire) Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced the status of the pending acquisition of SecureNetView: www.securenetview.com.
UHCR's accountants and attorneys have completed all of their due diligence and have advised the company to move forward with the acquisition based on their findings.
UHCR will pay SecureNetView (a privately held company) restricted stock; the transaction will be in the form of a share swap, five shares of UHCR restricted common stock (for one year) for one share of SecureNetView's privately held shares.
The actual share count for the acquisition will be released once it is determined by the accountants, it is the intent of the company to pay the least amount of "restricted shares" as possible as UHCR is committed to the least amount of outstanding shares possible.
"We have eagerly awaited the approval for the go ahead on this deal from the accountants and attorneys from day one, as we know the growth potential and the current revenue stream is exceptional of SecureNetView and we are happy that the professionals see it the way we do," said Clayton Young President & CEO.
Mr. Young also stated, "That the company is very excited to add the revenues of SecureNetView to its balance sheet along with its growth potential, it's a rare day when a small company like ours gets the opportunity to acquire a company such as SecureNetView and we will take full advantage of the opportunity afforded us."
Dr. Bob Beverley, President of SecureNetView, said, "We are extremely excited about UHCR's management's acceptance of this acquisition and look forward to working with them in a smooth transition of our company with theirs, I have to say UHCR and their accountants have wrung us through the ringer with their due diligence and I am completely satisfied that our company met all their standards."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
posted
It means imo that they are buying a revenue making company with restricted stock for one year. There is a divy that will be paid next Monday. You get one share for everyone you own now. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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