posted
Ulysses Diversified Holdings Corp. Addresses Company Share Structure/Capitalization Thursday May 15, 2:01 pm ET
JACKSONVILLE, NY--(MARKET WIRE)--May 15, 2008 -- Ulysses Diversified Holdings Corp. (Other OTC:UDHC.PK - News) today will address the Company's Share Structure/Capitalization per the Shareholders request.
The following is the current share structure of the Company:
Total Authorized Shares: 102,000,000 Total Outstanding Shares: 25,056,924 Total Restricted Shares: 17,800,000 Total Shares In The Company Treasury: 2,000,000 Total Public Float: 5,256,924
ADVERTISEMENT
Total Restricted Shares: Of the 17,800,000 restricted shares, 15,800,000 are being held in escrow for a previously announced acquisition of two retail optical stores; these stores have not closed yet, thus the shares are still controlled by the Company, the remaining 2,000,000 restricted shares are preferred and controlled by Mr. Young President of the Company and carry no conversion options.
Total Shares In The Company Treasury: These 2,000,000 shares are in the Company's control as they were acquired on the open market per the Company's previously announced buyback program, and will be returned to the Transfer Agent along with additional Shares purchased upon the completion of the buyback program.
Upon the completed Tender from the SecureNetView shareholders deadline of May 30, 2008 as announced the company will then complete an audit of all shares and reduce the authorized shares accordingly.
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
This is gonna get good. Could turn into one of those history making plays. The next few weeks are going to be fun to watch. Posts: 111 | From: nyc | Registered: Aug 2007
| IP: Logged |
posted
Looking forward to another great day. Should break .10 very soon then .13's we hit a little resistance. Once the covering starts this could run hard. Posts: 111 | From: nyc | Registered: Aug 2007
| IP: Logged |
posted
Will be watching this one, copy cat or not. If their share structure is right as stated and they do start bringin in the revs it can only help. Looking good so far.
Okay, here's another "BooDog Theory"...
If the company believes then they will most likely not dilute right away going into any run. That could give a chance to make some green. Just remember DON'T GET GREEDY and lose it all when they do dilute - if they don't give a hoot. LOL.
Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
This company isn't diluting, today the sell off was because of a group on Ibub called 'Wealth University'...
However, many of them will look back in regret when this puppy hits $1 - which is where the CEO wants to dilute !!
Posts: 630 | Registered: Jun 2006
| IP: Logged |
News for 'UHCR' - (SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology)
SIMI VALLEY, CA, May 21, 2008 (MARKET WIRE via COMTEX) -- Ulysses Holdings Corp. (PINKSHEETS: UHCR) today announced that The Board of Directors of SecureNetView, a division of Ulysses Diversified Holdings Corp. ("The Company'), has agreed to acquire certain propriety technology.
The Company has reached an agreement to acquire certain new technology that will enable SecureNetView clients to now view their subscriber services over their cell phones and PDAs; this technology has been developed by an IBM engineer and will accentuate future services and sales by SecureNetView.
The company's mega advanced technology has now prompted Ulysess/SecureNetView to enter further negotiations for an acquisition of its entire operation as its other state of the art technology to view businesses, day care centers, homes and other needed surveillance requirements in today's world within the monitoring arena, fits SecureNetViews business objectives.
SecureNetView and its engineers are extremely impressed with the technology that has been developed, so much so that SecureNetView has made a significant offer to acquire the entire company (AVS), a Southern California-based Company and all of its patents, technology including its current engineer and intact staff immediately.
"The company is intent on building its businesses with the best opportunities available and this is one of the best presented to the company in a while, the company is especially interested in the IBM engineer that has developed this technology," said Clayton Young, President & CEO.
Mr. Young also stated, "The company is extremely grateful to Dr. Bob Beverly for all his hard work in bringing this deal to the table, as without him and his vast network within the industry none of this would be possible."
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.
Why is it funny? I know. And it's only because I was lazy and didn't do one little thing that this was sent to me.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
quote:Originally posted by PCola77: where have I heard that before...? Oh yeah, now I remember, every single penny stock that's ever traded.
quote:Originally posted by Uncle Smelly: However, many of them will look back in regret when this puppy hits $1
Hey man, they don't even know which symbol to put their money in they've changed so many times - I'm thinkin they dilute the wrong one also and this one goes to $$$$2.00!!!!
WAAAhahahahaha
yi yi yi
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Down almost 45% since the peak. Craziest damn short squeeze I've ever seen!
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
News for 'UDHC' - (/ CORRECTION - SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology)
SIMI VALLEY, CA, May 21, 2008 (MARKET WIRE via COMTEX) -- In the news release, "SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology," issued earlier today by Ulysses Diversified Holdings Corp. (PINKSHEETS: UDHC), we are advised by the company that the ticker in the first paragraph should read "(PINKSHEETS: UDHC)" rather than "(PINKSHEETS: UHCR)" as originally issued. Numerous other changes were made as well. Complete corrected text follows.
SecureNetView, a Division of Ulysses Diversified Holdings Corp., Agrees to Acquire Significant Proprietary Technology
SIMI VALLEY, CA -- May 21, 2008 -- Ulysses Diversified Holdings Corp. (PINKSHEETS: UDHC) today announced that The Board of Directors of SecureNetView, a division of Ulysses Diversified Holdings Corp. ("The Company"), has agreed to acquire certain proprietary technology.
The Company has reached an agreement to acquire certain new technology that will enable SecureNetView clients to now view their subscriber services over their cell phones and PDAs; this technology has been developed by a former IBM engineer and will accentuate future services and sales by SecureNetView.
The company's mega advanced technology has now prompted Ulysess/SecureNetView to enter further negotiations for an acquisition of its entire operation as its other state of the art technology to view businesses, day care centers, homes and other needed surveillance requirements in today's world within the monitoring arena, fits SecureNetViews' business objectives.
SecureNetView and its engineers are extremely impressed with the technology that has been developed, so much so that SecureNetView has made a significant offer to acquire the entire company (AVS), a Southern California-based Company, and all of its patents and technology including its current engineer and staff intact immediately.
"The company is intent on building its businesses with the best opportunities available and this is one of the best presented to the company in a while; the company is especially interested in the former IBM engineer that has developed this technology," said Clayton Young, President & CEO.
Mr. Young also stated, "The company is extremely grateful to Dr. Bob Beverly for all his hard work in bringing this deal to the table, as without him and his vast network within the industry none of this would be possible."
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.
------------------------------------------- okay, now it can go!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Oh no, it was months. Initial squeeze (which was more likely caused by speculators like us) brought the price from .0007 to ~.01 in a couple of days, then over a couple of months dropped back to the .0050 range, before the second wave, which got it up to .28, which was likely the actual covering plus more speculation.
So yeah Tex, the same thing could be going on here, but the 50% drop on Paiv was over a much longer time, and it was straight up, slowly down, striaght up, whereas UDHC has done a lot of up and down already, and much less severe movements.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
UDHC the clock is ticking here, holding the 6's very well, soon we'll get the completed audit and final share swap for Securenet View...
Should start picking up next week as we get closer to the cover.
PCola77 - what I find funny about you is that this stock has seen 3 major swings this year. Instead of being negative you could have made a killing playing the channel like the rest of us.
The good news is that round 4 is coming.
Posts: 630 | Registered: Jun 2006
| IP: Logged |
posted
What I find funny is people calling this "the play of the year" and saying "Get in now" when it was over .10. I actually have done a couple of trades on this one, but I also choose to warn other about the perils of jumping in based on "MOASS"-hype AFTER the run has reached its apex.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
I've seen this explained for what they expect, to me it is just a gamble play and good for the flips.
quote:Posted by: Dr Wonderful Date: Thursday, May 22, 2008 1:52:03 PM In reply to: None Post # of 51665
Timeline for Newbies/Others:
People mistakenly thought that the squeeze would happen right after the symbol change. Here is the reality:
- The company must contact the T/A with the correct share number.
- The T/A will contact the brokers informing them of the mistake and the parameters within which it happened.
- The brokers will then review shareholders accounts of UDHC, and those that were mistakenly given divi shares will fall into two catagories:
1: Those that didn't sell; those shares will be negated from the accounts. 2: Those that sold; they will be contacted to buy back the shares or face forced covering.
The first part has not happened yet, Clay PR'd that this will happen after the Securenet View exchange is completed on 5/30. Then his attorneys will contact the T/A, I imagine around 6/2.
The T/A will contact the brokers that week, who knows how long it will take some of them to review accounts, but should not be more than a few days.
In my estimation brokers will begin contact people around 6/9, with the forced covering coming around 6/12 or possibly the week of 6/16.
So I say flip at will, you have about a week, lol, but make sure you have some shares after 5/30 just in case things happen faster than I think.
We will also know how much damage has been done once we get the numbers from Clay. If only 1 million need to be covered, well we ain't runnin' nowhere or at least only to .13 again...
If that number is upwards of 10 million we could easily squeeze over 50 cents.
Anyway I hope this clears things up a bit. ------------------------------------------
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
quote:Originally posted by PCola77: What I find funny is people calling this "the play of the year" and saying "Get in now" when it was over .10. I actually have done a couple of trades on this one, but I also choose to warn other about the perils of jumping in based on "MOASS"-hype AFTER the run has reached its apex.
If it manages to get back into the .04's again... they'll havta start thinkin of sumtin else!
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Who is supposed to have sold the air shares?
Because if it's the MMs or a hedge fund, forget it. There will be no squeeze. PAIV happened because retailers were on the hook--no dark sinister forces protect us behind the scenes--but if it's anybody with clout, you will not see a short cover no matter how many shorts are out there.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
| IP: Logged |
quote:Originally posted by PCola77: Oh no, it was months. Initial squeeze (which was more likely caused by speculators like us) brought the price from .0007 to ~.01 in a couple of days, then over a couple of months dropped back to the .0050 range, before the second wave, which got it up to .28, which was likely the actual covering plus more speculation.
So yeah Tex, the same thing could be going on here, but the 50% drop on Paiv was over a much longer time, and it was straight up, slowly down, striaght up, whereas UDHC has done a lot of up and down already, and much less severe movements.
Thanks for the good answer.
Was reasonably confident you remember it much better than I...
lol, I got some kind of divvy shares...oh, let's say... a year or so later--that I had no idea I was due.
Anyway, yes--semi-sort of groping "technically," a PAIV-type doohickey takes longer.
Personally, I don't expect that...but just doing my job, bro...
posted
Someone correct me if I'm wrong, but I think this is how it went down:
They did a 2:1 split (which they called a 1:1 divi, but same thing), and some people supposedly got the shares credited to their account early. So theoretically, they could have sold those shares, and essentially been short 1 share for each that they had previously.
Someone will undoubtedly correct my math if it is wrong, but I think there was a total of 4mil shares traded between when the divi inadvertantly went out and when it was out for real, so the absolute max number of short shares would have been 4 mil. Realistically, if people sold both the divi and original share, the max would be 2 mil, and since we all know a good chunk of those were probably flipped, I've always been of the mind that there is no tangible short out there, and each of these runs has been driven solely by hype and a news item here and there.
Hope that helps.
quote:Originally posted by kermit42: Who is supposed to have sold the air shares?
Because if it's the MMs or a hedge fund, forget it. There will be no squeeze. PAIV happened because retailers were on the hook--no dark sinister forces protect us behind the scenes--but if it's anybody with clout, you will not see a short cover no matter how many shorts are out there.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by PCola77: Oh no, it was months. Initial squeeze (which was more likely caused by speculators like us) brought the price from .0007 to ~.01 in a couple of days, then over a couple of months dropped back to the .0050 range, before the second wave, which got it up to .28, which was likely the actual covering plus more speculation.
So yeah Tex, the same thing could be going on here, but the 50% drop on Paiv was over a much longer time, and it was straight up, slowly down, striaght up, whereas UDHC has done a lot of up and down already, and much less severe movements.
Thanks for the good answer.
Was reasonably confident you remember it much better than I...
lol, I got some kind of divvy shares...oh, let's say... a year or so later--that I had no idea I was due.
Anyway, yes--semi-sort of groping "technically," a PAIV-type doohickey takes longer.
Personally, I don't expect that...but just doing my job, bro...
Appreciate you.
Dam... what was that? Freekin wave just pushed me so far up on the beach! So hot.... parched... GEEEZ its hot! So dry. All I see now is sand.
. . . . . freekin pinks.
. . . . . . . . Hey Bob! Thanks for keeping Allstocks goin. A toast to you this weekend also M8.
. . . . . . Hey, everyone wishes they were in the .01% that doesn't follow the rules.......... Right?
Cheers to you too Tex! And to all the members of allstocks.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
1. When the CEO took over the shell in late 2007, he reduced the A/S from 500 mil to 10 mil.
2. In February, a 1:1 dividend was issued to holders on record on Feb.11, payable on Feb.29.
3. Company made a mistake by setting the ex-dividend date as Feb.8, but NASDAQ set it as March.3.
4. Some brokerages used the wrong ex-dividend date, and gave millions of dividend shares to traders who did not qualify for the dividend - putting those traders in a short position. This amounts to at least 4 million shares (traders who sold between Feb.8 and Feb.29, didn't qualify but got their dividend shares).
5. Other brokerages treated it as a forward-split, creating even MORE short positions (unknown size). The company confirmed all this: http://biz.yahoo.com/iw/080310/0372545.html
6. Estimated short position is ~ 4-8 million shares.
7. Company is now forcing a short covering by instituting a CUSIP # change AND buyback of 4 million shares (about half of the float). http://biz.yahoo.com/iw/080313/0374729.html
8. AWYB ran 1000% in 2006 on a similar situation, PAIV ran 50,000% in 2006, GLKCE ran 17,000% in 2005.
-------------------- Never Fall In Love With A Stock Posts: 6 | From: Florida | Registered: Mar 2008
| IP: Logged |
quote:Originally posted by TraderRick47: 1. When the CEO took over the shell in late 2007, he reduced the A/S from 500 mil to 10 mil.
2. In February, a 1:1 dividend was issued to holders on record on Feb.11, payable on Feb.29.
3. Company made a mistake by setting the ex-dividend date as Feb.8, but NASDAQ set it as March.3.
4. Some brokerages used the wrong ex-dividend date, and gave millions of dividend shares to traders who did not qualify for the dividend - putting those traders in a short position. This amounts to at least 4 million shares (traders who sold between Feb.8 and Feb.29, didn't qualify but got their dividend shares).
5. Other brokerages treated it as a forward-split, creating even MORE short positions (unknown size). The company confirmed all this: http://biz.yahoo.com/iw/080310/0372545.html
6. Estimated short position is ~ 4-8 million shares.
7. Company is now forcing a short covering by instituting a CUSIP # change AND buyback of 4 million shares (about half of the float). http://biz.yahoo.com/iw/080313/0374729.html
8. AWYB ran 1000% in 2006 on a similar situation, PAIV ran 50,000% in 2006, GLKCE ran 17,000% in 2005.
You forgot to add that ole Clayton increased the AS to 102,000,000 and that the OS is 25mm and change. He is a pink sheet CEO. The rue didnt work, so good luck on this. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Wink]](wink.gif)
![[Cool]](cool.gif)
![[Eek!]](eek.gif)
![[Good Luck]](graemlins/goodluck.gif)
![[Razz]](tongue.gif)
![[BadOne]](graemlins/headbash.gif)
