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URHG not much left sub .20s
URHG think this is going to be a huge runner
adding while its quiet
https://www.otcmarkets.com/stock/URHG/news/United-Resource-Holdings-Group-Announces-LOI-to-Acquire-ServTouch-Services-Pte-Ltd?id=334098$URHG @URHG2021 @RealDavidChong looking forward to closing the acquisition of STS in January 2022 successfully. Happy New Year Everyone! pic.twitter.com/WontfmEhYV
— @URHG (@URHG2021) December 31, 2021
Authorized Shares
200,000,000
01/05/2022
I don’t know the details, but Im pretty sure the authorized shares only increased from 200m to 400m, not 600m. I’m assuming the move from 200m to 400m was necessary to do a deal, of any size, since the outstanding was @ 180m & change. Looking forward to hearing the deal was officially done sometime later this month. Adding at every dip until then seems to be the trend.
.185 if i remember
I missed that bid, do you remember at what price?
135k bidder URHG lets get back .25s
So...a little "not a pro" home desk analytical work...rumor I heard is that at the last shareholders meeting there was approval for a total of 600,000,000 shares (current trading and issuable). Does anyone know details of the actual number of shares to be issued for the STS deal? If STS is really valued at the claimed $100,000,000 then worst case scenario (issuing all shares for the deal) an URHG share would be worth around $.1666 ($100m/600m shares) in claimed current company valuation, that may or may not be counting the value of future growth (who knows how they calculated that $100m number). If less shares have been issued....then URHG may currently be trading significantly less than company value (not accounting for the risk the STS deal fails to close). Thoughts, other knowledge? Things I am missing?
M. Long, are you still referring to whatever company you’re referencing here?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167305054
It can’t be urhg because the move up started at .04 and went to .25 and to my knowledge has never been @ .005. At last check it was at .18, and still being accumulated, so I’d hardly call that getting hammered.
Additionally, there is not 138,000,000,000 (billion, seriously?) of anything at urhg and I did some research, there’s no officer, insider, director or large investor with the initials JS.
Who’s a few steps behind?
That’s definitely coming 3wheeler!
Very healthy after a multiple x5 of PPS over the past month
As I was saying…
Someone was lucky enough to pick up some cheap shares. They’ll be profitable in no time
crazzy sellers sometimes, um .23s are going so I'll sell .16s what a goof, lol they didnt last long URHG
No-one is selling, up those bids or your tickets to the moon launch will be much more expensive later
URHG watching for the next .50s entrance and then dollarsville
Cheers to all the long time & new shareholders in URHG, may 2022 be a year of stunningly positive company events!
Looks like .22 is the new sweet spot as the stock takes a smoke break outside. Don’t forget, the 12/6 LOI announcement was only distributed on the otc markets web site, if I’m not mistaken, so what happens when a full blown/widely distributed deal closed PR & 8K are released? Seems to me the audience here is very small, FOR NOW!
The chart has a very nice trend on the daily over the past month
I wonder if the delay will create a buying opportunity for new shareholders.
Cool, thanks for posting this. Hopefully people who’ve recently opened a new position, or added, that were counting on a 12/31 closing will see this before they panic sell on the last day of the year. 2022 looking like a rock star kind of year for urhg! If this first David Chong connection acquisition goes well, others likely to follow in the first half of the new year.
Deal closing in January.
$URHG @URHG2021 @RealDavidChong looking forward to closing the acquisition of STS in January 2022 successfully. Happy New Year Everyone! pic.twitter.com/WontfmEhYV
— @URHG (@URHG2021) December 31, 2021
I’d say that’s a very reasonable price target. I’m curious to see share structure for acquisition.
Forecast $0.65-$0.88. March 2022 After Q1 reporting.
Bought more this week under $.20 (also bought at .08 and.15 over the last few weeks.) I want to see more shares get unlocked then will pick up more when it dips.
Will keep watching this.
Browncoat, spot on man, he has the wrong company!
United Resources Hol (URHG)
0.25 ? 0.055 (28.21%)
Volume: 503,326 @12/29/21 3:58:43 PM EST
Bid Ask Day's Range
0.23 0.279 0.19 - 0.2541
URHG Detailed Quote
need to lock in a little profit there is all Nasdaq or NYSE real targets so yes 3.33 will come
United Resource Holdings Group Announces LOI to Acquire ServTouch Services Pte. Ltd.Press Release | 12/06/2021
Henderson, Nevada, Dec. 6, 2021 (NEWSWIRE) -- United Resource Holdings Group, Inc. (OTC Pink: URHG) ("URHG" or the "Company") a Nevada holding corporation actively pursuing acquisitions announced it has finalized and executed a legally binding Letter of Intent to acquire ServTouch Services Pte Ltd. ("STS"), an Information Technology Services company valued at $100 million.
Having completed its due diligence on the acquisition candidate, management is satisfied with its findings and has concluded it is in the best interest of the Company and its shareholders to move forward with the acquisition of the candidate.To that effect, the Company has executed a binding letter of intent to acquire 100% of the outstanding shares of ServTouch Services (STS), subject to relevant regulatory approval.
STS is a leading Technology company offering IT services and digital printing solutions in Asia and Singapore respectively. It is transforming the IT Services industry by deploying its own ePlatform services designed to open up the after-market IT services industry, dynamically matching supply to on-demand IT needs. STS has extensive capabilities in digital production printing to replace offset printing in areas requiring quick turnarounds jobs, short-run jobs and on-demand printing jobs. STS is also leveraging on its traditional strengths in providing outsourced IT services to major OEMs operating in Asia.
With the momentum generated by such transformation initiatives, we expect to see great things coming from this company, which is run by an energetic and technology savvy management team, positioning it well to capitalize on the opportunities emerging in Asia. Current URHG management feels strongly about the potential of ServTouch and believes that aggressive growth is very likely to occur as it embarks on a business model transformation journey to become IoT-driven, enhancing its operational efficiency and profitability.
"The executives and current board put a lot of time into finding the right type of company for acquisition. We feel that we have found a great company with a strong track record, great earnings and a lot of growth potential. I have faith in the potential of this candidate and the value it will bring to URHG shareholders and investors." commented Jerry Condon, company CEO.
About United Resource Holdings Group, Inc.
United Resource Holdings Group, Inc. is involved in the procurement and acceleration of equity positions in small and mid-sized companies. The company was incorporated in 2004 and is based in Henderson, Nevada.
URHG Security Details
Share Structure
Market Cap Market Cap
36,416,035
12/28/2021
Authorized Shares
200,000,000
12/28/2021
Outstanding Shares
186,748,895
12/28/2021
Restricted
95,312,771
12/28/2021
Unrestricted
91,436,124
12/28/2021
Held at DTC
45,680,170
12/28/2021
Onto 45.6M held at DTC, I’d expect a very small float. Shares are locked up
52 wk low .0142 52wk TODAY .25 https://investorshub.advfn.com/uimage/uploads/2021/12/29/eqqdrurhg.gif
Hey ....what is this dollar talk threewheeler ..What happened to 3.33?
Mike long....? Do Explain? Its seems that either you know things or you are confused. It currently sounds like you are talking about a different company.
<<when acquisition is announced it will fly.>>
You're a few steps behind.
When it WAS announced, it flew. From .005 to .03!
Then 138,000,000,000 reasons why JS burned you guys.
URHG .25s for close, nice we getting to the first and 10, lets air out a long ball .50 b4 EOY
agreed just the first down here, we got long way to run here 1.00 is first target URHG Nasdaq NYSE ultimate target
Sounds like you didn’t get YOUR shares, yet. This hasn’t even started. These shares are held so tightly that when acquisition is announced it will fly. I don’t expect many sell in the news. David Chong doesn’t quit at one move, expect more to come.
If you're just looking at this stock for the first time, you're too late.
The run is winding down.
most likely dollarsville on updates URHG
The next 4M day brings us to .80
URHG moving up easily here now bring on the .30s
URHG https://t.me/otcupdates/16814 a few more RESTRICTED shares added, insiders loading up, this will see dollars early 2022
u really cant trade w/o L2 bid .21 ask .22 URHG
Thank you, how about below bid
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