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A private company is supposed to reverse-merge with the old FNRP shell. The merge was put on indefinite hold a few months ago but maybe they are getting ready to go now. Will see.
I just saw this symbol in my accoun today for the first time. It was from a split with GXXL which apparently was later merged with FNRP. What is the deal with the company, I havent seen any posts recently?
Magic - I have United E&P shares in my account instead of Dead Fienstien Shares.
No one is getting the 01s. Just an MM play. If you look at the BID/ASK, its almost always $0.43/$4.30
In addition to my pre-split shares, I've been grabbing pieces between 45-50; nothing much below seems to work.
Is anyone grabbing these .01's? Surely every now and then a paint splatter will hit you..I am bidding but none yet.LOL..
No excitement here. ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ.
No news for until Septemember first. I do think that they are "starting something up".
all "JUST A GUESS".....
Thanks, Eric. I guess we will keep waiting it out for now.
Top and Har:
Thanks for asking (replying to my message).
On Friday United was changed from a TYPE 1 stock to a Type 5.
Type one means that it is "on the market", able to trade.
Type five means that they the company no longer wants their shares to be "free trading". It was explained to me by my brokerage company that the United or their trans. agnt. has requested it. It does mean that they are doing one of the following;
changing their share structure, merging with another company, taking a "period of time out", etc.
See below what my account said on Friday:
06/22/07 JOURNALED VS J36-763322-5 REF 8555
UNITED E&P INC UTDE -x,xxx.000 0.00 Cash
06/22/07 JOURNALED VS J36-763322-1 REF 8555
UNITED E&P INC UTDE x,xxx.000 0.00 Short
06/22/07 LEGAL MEMO ADD REF 8555
UNITED E&P INC UTDE
From, Eric M./Houston, TX.
Yes. What is it?
Yes Eric show me. I have an 10000 share FNRP cert that is just nice looking wallpaper right now.
I have some new information about this stock. Is anybody on the board interested??
I am absolutely, and admittedly, confused by that post........
But I'm going to keep trying to accummulate @ 50c, as long as "it" lets me.....
I am ready for $3.00 Are you? We will soon find out. Maybe in six months (some more information about this "issue").
It is a "she". I'm the m. mkr. I don't want to sell any below $.50 because this will be a $3.00 stock in one year. Anybody else offering to me at $.50 ?
Just kidding about the above.
No, its me buying whatever little chunks the MM is throwing my way.......but slowly accumulating, nonetheless. This is the only pps I have found where he will actually release shares. Anything below, he won't sell.........
50 cents really...is this just more people buying...impossible to sell? just wondering
Thanks for the replies.
I hope you are right.
Once it starts trading we will know a lot more about this stock. From, Eric M.
NO that proves they exist. Wait for invite.
That is polite way.
Wait til trading begins we may all wanty to take out millions in Profit and run
Ok....
I live in Houston, TX. In fact I live about two miles from this company.
I visited this week. They have approx. 700 to 2500 square feet of office space. They are in a five story office building. They have a large reception area. I saw two people working there. Their company name is on the building directory and the suite door.
That is about all I know. I simply stopped by to see if this company was open, etc. Didn't talk to anyone.
Now I suppose you want me to stop by every day and ask them a lot of questions?
Well tell all or you will be an insider and that be illegal
In reply to 53
I'm happy that X called this company. I do have additional information to add.
Thanks for calling to get "the scoop" (calling the company). I' glad that you reported to the board. I do have some additional infomation to add.
I called, Nice OIL man answered phone, had NO info on FNRP conversion.
Did state that UTDE is NOT trading yet, but will soon.
He is busy working on 5 or 6 sites doing exploratory work.
He was NOT a IR or PR Person......
Is there a legitimate reason why you didn't call, if you had the number? And if you had/have more info, why not just post it? This board is intended for the purpose of sharing info
I have United restricted - any way to unrestrict without the e*trade mumbo jumbo red tape? I don't have many shares so it's not worth the fee.
Nope still have FNRP restricted.
Will call broker tomorrow, I now have TA who can swap shares.
Have you solved the problem yet. Do you have United...trading shares..
I did I filed for Unrestriction same day as the symbol changed and it's stuck in system, they needed the TA whickh I now Have.
X
Why didn't you get the new shares?
Have you spke with your brokerage company?
Does this mean I finally can get FNRP shares converted?
Thanks in advance for calling them.
To add to the challege.
If you call and report to this board.
I will disclose more information that I know about the company.
From: "ANYWHO" (internet phone directory).
United Production Exploration
3000 Richmond Ave 4th Fl
Houston, TX 77098
(713) 333-5808
A challenge to the board.
Please call them and list the information on this board.
Thanks.
UTDE -- United E & P, Inc.
Com ($0.001)
Search for Dun & Bradstreet reports on this company.
Address:
3000 Richmond Ave.
Suite 400
Houston, TX 77098
USA
Phone: 713-333-5808
Fax: 713-333-5928
Business Description:
upstream petroleum industry / oil & gas exploration and seismic processing
Primary State of Incorporation: Nevada
Country of Incorporation: USA
Officers:
William Wiseman, Chairman/CEO; John Fanning, Dir.; Lloyd Walsh, Dir.; Peter Jeschke, Dir.; Robert Teague, Vice President/Dir.
Fiscal Year End: December 31
Edgar Filing Status: Non EDGAR Filer
Outstanding Shares: 49,140,200 as of 2007-04-18
Estimated Market Cap: 1.228M as of 2007-05-31 (based on Outstanding Shares as of 2007-04-18)
Authorized Shares: 500,000,000 as of 2007-04-18
Float: 42,140,200 as of 2007-04-18
Number of Shareholders of Record: 240 as of 2007-04-18
Current Capital Change:
shs decreased by 1 for 43 split
Ex-Date:
Record Date:
Pay Date: 2007-04-17
Dividends:
Company Notes:
Formerly=Feinstein Report, Inc. (The) until 4-07
Transfer Agent:
National Stock Transfer, Inc., Salt Lake City, UT 84105-2425
The next post will have all of the companies information.
The "pink Sheets" site was updated recently. The post is from that site.
Eric M
Mine actually showed the value the other day when it was $0.50 and it was not restricted but I am about 99.999% sure there were no buyers anywhere near $0.50.
My account shows a value of $.025 Do you have the same value in your brk. acct??
At the moment - nothing - Actual value is (your right) 0.0001 - Most of us have had it sence the GXXL reverse split - its still restricted (cost to un-restrict - ?worth it?)
I think I have had this since the "billion" shares of GXXL split reverse split name change loop-d-loop now down to about 1500 with UTDE...Would I have been able to sell when it was $3 or even $0.50 or is the sell price more like .0001 even when it is $0.50 to buy?
Didn't spend much to get into this but just wondering what this company even does.
Thank You...I will keep hoping.
ok...that's what I thought.
Sorry; getting my shells mixed up. TSFY, another Smith shell play, had two splits. The first on March 26, @ 1:10 and moving the symbol to IDGI, then a 2nd on May 9 @ 1:20, when it became its current symbol, IDGN............and still no news from the new company on that one either........
UTDE just had the one split, @ 1:43, on April 18, when it changed from FNRP
When did it split again? I was just aware of the 1/43 r/s and symbol change from FNRP to UTDE.
More like "no trading"........has anyone other than me bought shares since the 2nd RS? Two months since the symbil change, 2 RS's, and not a single word from the new company........hope it proves to be worth the wait........
UTDE....awaiting new filings, soon I hope....strange trading after the split.
Happy Memorial Day.
Remembering those that gave the ultimate sacrifice,
always will you remain in our hearts.
From, Eric M.
Its not on the greys; Bid/Ask is $0.43/$4.30 - all quiet until UTDE shows its hand. Anything under $1 is going to prove to be a good buy, when you factor for the 1:43 RS at point of sale............ IMO
That was my buy........only got a partial fill, trying for more today, but tough at that price, as the MM is on the bid @ 43.
The $.50 is good, considering the 1:43 split Smith made before selling the shell. Just trying to increase my position before news sends this thing north.
But finding out anything on UTDE is next to impossible. Don't understnad why this is taking so long to develop, considering the sale went through in mid-April.
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