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cosmo that's exactly what's going to happen. The papers are already signed for previous management to get out of the way. I look for an announcement within the month. JMO
It looks to me like UDTA plans to grow through acquisition going forward! They say the acquisition target is undetermined at this time, but that the goal is a $2.5M REV company by the end of 2006! I assume that they must have some companies on their radar to make such a move/announcement!
Now we wait for an announcement of a letter of intent to reveal UDTA's next move! Let's hope it comes within the next 2 months. For all we know they are interested in gaspricewatch.com! I don't even know if they meet the revenue requirement, but they still seem to be working together! UDTA's cell phone road whiz is still a link on the gaspricewatch.com website.
http://www.gaspricewatch.com
UDTA Acquisition requirement: (a) the acquired company had not less than $2.5 million in revenue and not less than $700,000 in net pre- tax income in the year ended September 30, 2005
Off course it will happen with this company. A reverse merger would be likely happened for Udta. You mean to tell me that New management spent $210,000 for nothing. Obiviously, they have a real intention with udta otherwise "buyout contract" would be null and void. At least, give them a chance to turnaround this company. I am not saying it wouldn't happen but I can tell you that the probablitiy is highly likely a "reverse merger" will occur in the near future. Stay tuned. :)
wont happen, too many of those out there. eom
COSMO, not sure what to make of this, so I'll be doing some research as soon as I get a minute! I'll update whatever I find out, but I think this may still be moving forward:
http://www.gaspricewatch.com
Who cares, we are going to have a clean shell with about 16M shares outstanding. What a nice reverse merger candidate that will move on any real news IMO
the re-org message hardly sounded 'good'. An entire new business after all of the 'hype' about this new handheld product!
thanks! we will see!!! glta
greets from germany!!
The party is just beginning. Believe me it is far from over. The 8K from yesterday was more like good news. The company starts fresh with no debts, and no dilution. Goodbye GGC! My prediction is that by the end of the year, we will hit over 10 cents or more. Mark this post.
whats that??? Ultradata Systems Initiates Reorganization of its Business Operations
look at pinksheets.com
hss, I like the technicals of this stock VERY VERY much, but if you look at its long term chart , it has a very bad track record and I dont know why. Any thoughts??
RS?? no i don´t think!!!
but with the low OS , how can this be so dilluted? was there an RS? tia.
UDTA.OB FEB 22 2005 Then 0.46 Now 0.018 - 96.00%
????
LOOK WHERE PPS WAS BEFORE GG DILUTED!!!
no problem! we need some good news!!!
imo
Shocking news about GGI:
http://www.investorshub.com/boards/read_msg.asp?Message_id=11417194
Not much excitement here yet, but at least we went up 28% Friday! Even though it was small volume, up is up! Let's see where we go by August!
could anybody explain whats that for trades are? from yesterday?
0.014 31429 OBB 05/31
0.0141 31429 OBB 05/31
0.015 287347 OBB 05/31
0.015 287347 OBB 05/31
some number of shares for same time?
greets
Yes, excellent! eom
UDTA OS (final answer): State the number of shares outstanding of each of the issuer's classes of common equity as of the latest practicable date.
Class Outstanding as of May 18, 2006
-----------------------------------------------------------------------
Common, $.01 par value 15,998,278
PS: AS = 50M
Here's the additional shares: Note 7. Subsequent Event - Conversion of Debt into Common Stock
During the period from April 1, 2006 through May 8, 2006 Golden Gate Investors, Inc. converted $80,000 of the principal amount of its Debenture into 4,468,114 shares of the Company's common stock.
"...the Company is completing development of a Cellular Road Whiz application using our proprietary database and enabling access via a cell phone rather through separate hardware. Users who subscribe to our service can get not only information about services along their route with directions and distance from their location but, in addition, can obtain fuel prices in real time and select their stop on that basis. We expect full-scale tests of the system to start in the second quarter of 2006."
-Excerpt from Q1 report
PS: the gas prices are coming from arrangements w/GPW!
COSMO, OS was approximately 10.5M as of 31MAR06 (per Q1 report)! Someone posted on RB that the OS is now closer to 16M due to prior financing arrangements with GG.
Suffice it to say tha the OS is somewhere between 10-20M! Still very low compared to most other OTC stocks!
can anyone confirm the most recent OS - numbers posted looks too low. If its anywhere close to that it could do very good!
Slow board, but great stock imo!!!
Oversold at alltimelow...
great features, but news is what we need!
some day we will fly! imo
1-year-chart http://www.wallstreet-online.de/charts/instinformer.php?&inst_id=16180&market_id=14&tr=1...
greets
COSMO, this is a slow board so I think I summarized the potential in the last few posts. This company has seen a bad year in 2005, but looking to launch the Cell Phone Road Whiz for gas prices. Could be interesting if if works! Low OS/Float is also of interest! GL
any suggestions on this one folks? whats the potential? tia.
"it should be available of 200 models of cell phones and PDA with eight service providers working with us."
One more note....Cellular Road Whiz and GPW Mobile likely going to be in high demand if gas prices keep going up as predicted:
http://news.yahoo.com/s/nm/20060528/bs_nm/energy_oil_forum_dc_2
More on GPW Mobile...............................
"GPW mobile is expected in the coming months. We have contracted with a third party to help develop this stand alone version of GasPriceWatch.com. When it launches, it should be available of 200 models of cell phones and PDA with eight service providers working with us.
Imagine the power of this product. You can be at one exit ramp on a highway and know where the next exit ramp is and what the prices are for those stations located there. All of this occurs just when you need to find gasoline - while you are in your car.
Keep checking back for more information on this product.
Oh and yes, our goal is to keep this mobile application free. We have developed a special program with very select advertisers in mind who are value driven and will see you as a great audience to work with."
see http://www.gaspricewatch.com for more info!
Looks like it's coming in August.................
What's New ...
Welcome to the new home of GasPriceWatch.com
This is really the first update in almost five years to the site and we are not quite finished with it yet.
You may notice some of the links are not active yet.
Our priority was to get all the new functionality working for you so that you could have a more powerful tool to search for low prices and buy from those dealers.
Our motto is Power to the People at the Pump! Why? Because you control the financial portion of the transaction with the oil companies. How and where you spend your hard earned dollars is what we hope we can help you to do. Our objective is simple. Reward those local dealers/companies that keep their prices low buy purchasing fuel from them, and penalize those companies who keep their prices high.
You have that power! You just needed a tool to know which stations are lowest.
We have built a very powerful tool that now allows you to see stations along highways and streets in your town as you would pass them.
Coming in August, we will have our own stand alone mobile application that will work on over 200 models of cell phones via eight different providers. The power will be in your hands. Our goal is to keep even this tool free for all to use.
Pardon our dust as we bring up the last sets of links for the site. If you have any questions, visit the Help/FAQ portion of our site so that you familiarize yourself with some of the powerful tools that we have for the site.
Your friends at Team GasPriceWatch.com
http://www.gaspricewatch.com
Ultradata to provide gas prices through Road Whiz.....oh yeah? How's this coming along?
St. Louis Business Journal - November 11, 2005
Ultradata Systems and GasPriceWatch Group Inc. agreed to allow users of one of Ultradata's products to access real-time fuel prices, the company said Friday.
Users of Ultradata's Cell Phone Road Whiz, which provides directions, distance and driving times to various points, will have access to current fuel prices at upcoming service stations through the database. GasPriceWatch Group will provide current fuel price data to Ultradata, which will update its server daily, the company said.
The service, expected to launch next year, is available to users for a monthly fee.
"Just a small penetration of the market will lead to profitability with large potential growth," said Monte Ross, chief executive of Ultradata, in a statement.
Another question: is the domain http://www.ultrant.com going to be a future website for this company!
I see it is in the web address for Cell Phone Road Whiz!
What's up with Cell Phone RoadWhiz? Is it working yet..........
http://ultrant.ultradatasystems.com/crw/index.php
This is one that should be accumulating, small O/S, company itself can't go much lower, the future looks much brighter if they can a little new revenue. JMO
UDTA Included in Momo Charts
http://www.investorshub.com/boards/read_msg.asp?message_id=11211612
Picked up a few a Friday. Could be a nice gainer if they've got their sales issues worked out. JMO
Golden Gate out for Last 3 Days Now :)
should go up from here! imo
if we see some good news, we will fly to da moon! imo
http://www.wallstreet-online.de/charts/instinformer.php?&inst_id=16180&market_id=14&tr=1...
Ernie Needs to Get on the STICK and ..
provide some updates on shipments and get this Golden Gate financing reworked.
Selling should be close to done here, barring any further dilution. OS was increased to 12.8M according to the 10KSB out on 4-7-06. Could see strong upward movement soon.
On another topic, Nextel Sprint are also launching their cell phone locator service using GPS in June this year according to a local newspaper article I read yesterday.
If they will let you that is.
Thanks I see it now. Before I just saw the notice of extension.
It came out last Friday after the market closed, read all the posts here and the board info, lots of information from it already posted.
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