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UGHO SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-66620.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-66621.pdf
This company is still in business??? What happened to them, I seem to remember it getting to $20.
Man you're good. Perfect call.
Technical bounce coming, some smart players in this one...
http://investorshub.advfn.com/boards/read_msg.asp?message_id=25443576
Form 8-K for UNIVERSAL GUARDIAN HOLDINGS INC
------------------------------------------------------
17-Dec-2007
Completion of Acquisition or Disposition of Assets, Regulation FD
Item 2.01 - Completion of Acquisition or Disposition of Assets
On December 13, 2007, our ISR Systems Corporation ("ISR Systems") subsidiary, the principal operating company in our UG Systems Group which owns a proprietary asset tracking and monitoring system marketed as its Total Asset Guardian™ ("TAG") platform, sold its assets (including the TAG platform) to Tagistics Corporation, a corporation formed by former ISR Systems employees. Under the terms of an Asset Purchase Agreement entered into by the parties on October 30, 2007, as amended on December 7, 2007, Tagistics Corporation paid or agreed to the following consideration for the purchase of the aforesaid assets:
·
a $20,000 cash payment to ISR Systems at closing;
·
a 10% royalty on Tagistics Corporation's monthly gross revenues payable to ISR Systems on a quarterly basis, subject to a $3 million cap, with ISR Systems' reserving the right to declare a default or to increase the royalty rate to 15% of Tagistics Corporation's monthly gross revenues in the event Tagistics Corporation fails to pay royalties in the amount of $250,000, $325,000 and $500,000 by December 31, 2008, June 30, 2009 and December 31, 2009, respectively,
·
a release of existing and contingent liabilities ISR Systems owes former officers, employees, vendors and consultants;
·
the issuance to ISR Systems of five percent (5%) of the outstanding issued common stock of Tagistics Corporation, subject to the retention by Tagistics Corporation of a five year right to redeem all of such shares for $5 million in cash; and
·
the provision of hosting services by Tagistics Corporation to Universal Holdings and its subsidiaries for a period of eighteen months commencing on the closing date.
Item 7.01 - Regulation FD Disclosure
On December 6, 2007, Isonics Corporation ("Isonics") received a letter from the Nasdaq Stock Market that it determined to delist Isonics's common stock from The Nasdaq Stock Market, and will suspend trading effective at the open of business on Monday, December 10, 2007. The delisting of Isonics' common stock from The Nasdaq Stock Market constitutes a failure of one of the conditions precedent to a potential merger contemplated by that certain non-binding term sheet executed by Isonics and Universal Holdings dated November 16, 2007, as amended on November 26, 2007 (the "Term Sheet"). Isonics has since advised Universal Holdings that it will not proceed with the merger under the terms of the Term Sheet, although it would like to continue to negotiate a potential transaction.
No assurance can be given that any transaction between Universal Holdings and Isonics will be consummated.
Universal Guardian and Isonics Corporation Execute Merger Term Sheet
NEWPORT BEACH, Calif., Nov 27, 2007 /PRNewswire-FirstCall via COMTEX/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products and strategic security services to protect against terrorist, criminal, and security threats today announced that on November 16, 2007, it entered into a non-binding term sheet with Isonics Corporation to complete a merger by which Isonics will acquire all of the outstanding shares of Universal Guardian.
"Universal Guardian believes that, if completed, this will be a synergistic merger between UG Services and UG Products with Isonics' Protection Plus Security Corporation subsidiary based in New York," stated Kevin Westcott, President and COO of Universal Guardian.
The non-binding term sheet contemplates a tax-free reorganization for the shareholders of Universal Guardian pursuant to which they would receive Isonics common stock with an aggregate value of approximately $10.3 million, with the price of Isonics common stock to be valued at 100% of the 5-day volume weighted average price (VWAP) of Isonics common stock following shareholder approval. Existing Universal Guardian debt holders would receive shares of Isonics convertible preferred stock. The preferred stock is expected to have a conversion price equal to 100% of the 5-day VWAP of Isonics common stock following shareholder approval.
The obligations of Isonics and Universal Guardian to complete the transaction are subject to a number of conditions precedent and, therefore, there can be no assurance that Isonics or Universal Guardian will complete the transaction at all or on the same terms contemplated. Among the material conditions precedent are the following:
1. The parties must execute a definitive merger agreement by December 31,
2007 (subject to Isonics' and Universal Guardian's shareholders'
approval and approved in advance of such execution by the boards of
directors of Isonics and Universal Guardian), otherwise each party will
have the right to withdraw from the transaction;
2. Agreement by the holders of the Universal Guardian convertible
debentures as described above;
3. Agreement by Isonics' principal debt holder, Y.A. Global Investments,
L.P. to waive certain existing and prospective defaults under certain
Isonics debt instruments for a period of one year from the date of the
closing of the merger;
4. The infusion of $4.0 million in financing, which, if equity financing,
will be payable or issuable in post-merger Isonics equity
5. Satisfactory due diligence by the parties;
6. Continued listing of Isonics common stock on the NASDAQ Capital Market
through the date of the closing of the merger, otherwise each party
will have the right to withdraw from the transaction;
7. Approval of the merger by the shareholders of Universal Guardian and
Isonics;
8. Registration by Isonics of all common stock to be granted to the
Universal Guardian shareholders prior to the date of the closing of the
merger; and
9. Satisfaction of other normal closing conditions such as the continuing
accuracy of all representations, warranties, obtaining all necessary
consents and approvals, no material adverse changes, and execution of
appropriate employment agreements.
About Universal Guardian Holdings
Universal Guardian Holdings, Inc. (Universal Guardian) and its subsidiaries provide a comprehensive range of security products and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risks mitigation group includes strategic and tactical security services as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations.
Company Contact:
Kevin Westcott, President and COO
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+ 1 949 861.8295
SOURCE Universal Guardian Holdings, Inc.
URL: http://www.universalguardian.com/
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
-0-
Isonics To Acquire All Shares Of Universal Guardian >ISONLast update: 11/27/2007 7:09:37 AMDOW JONES NEWSWIRES Isonics Corp. (ISON) said Tuesday that it will acquire all of the outstanding shares of Universal Guardian Holdings Inc., according to a filing with the Securities and Exchange Commission. Shareholders of Universal Guardian will receive Isonics common stock with a value of approximately $10.3 million and existing holders of approximately $5.7 million in outstanding Universal Guardian debt will receive shares of Isonics convertible preferred stock. Universal Guardian, Newport Beach, Calif., and its subsidiaries provide a range of security products and services designed to mitigate terrorist and security threats worldwide. The merger is subject to the approval of the shareholders of Isonics and Universal Guardian, the SEC filing said. Shares of Isonics, a Golden, Colo.-based developer of products and services for the semiconductor and homeland security markets, closed Monday at 28 cents. -Ingrid Pedrick Lehrfeld, Dow Jones Newswires; 202-862-1361 (END) Dow Jones NewswiresNovember 27, 2007 07:09 ET (12:09 GMT)
News: Universal Guardian Delivers 6,400 Cobra StunLights(TM) to Its Mexican Distributor
Nov 16, 2007 6:00:00 AM
NEWPORT BEACH, Calif., Nov. 16 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products and strategic security services to protect against terrorist, criminal, and security threats announced the largest shipment to date of its Cobra StunLights(TM).
VICGI, Universal Guardian's exclusive Mexican distributor, has received shipment of 6,400 Cobra StunLight(TM) units along with Cobra Accessory Kits and CobraStream(TM) canisters.
"We continue to see increasing demand for the Cobra StunLight(TM) across Mexico and the law enforcement agencies that are using the Cobra StunLight(TM) as a safe and effective non-lethal use-of-force tool," stated Julio de la Garza, Managing Director of VICGI.
"Universal Guardian continues to expand its Cobra StunLight(TM) distribution throughout Latin America with VICGI," stated Universal Guardian President and COO, Kevin Westcott. "We continue to see interest and demand for the Cobra StunLight(TM) in the international markets of Latin America, Europe, and Asia," continued Mr. Westcott.
The patented Cobra StunLight(TM) is a 3-in-1 personal protection device, used by international law enforcement agencies and security professionals around the world, which offers escalating use-of-force to debilitate one or more assailants through the use of high-intensity LED flashlight, a psychologically deterring red laser aiming device, and launches a ballistic stream of pepper spray from safe distances of up to 20'.
For more Cobra StunLight(TM) information please contact our website: http://www.cobrastunlight.com
About Universal Guardian Holdings
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a comprehensive range of security products and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risks mitigation group includes strategic and tactical security services as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
Universal Guardian Announces Third Quarter Results
Significant reductions in costs were achieved while revenues were consistent with Q2 2007.
NEWPORT BEACH, Calif., Nov 13, 2007 /PRNewswire-FirstCall via COMTEX/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products and strategic security services to protect against terrorist, criminal, and security threats, today announced its third quarter financial results for 2007.
Revenues for the third quarter were $4,451,909 as compared to $5,445,961 in Q3 2006, an 18% decline. Third quarter revenues were, however, consistent with Q2 2007 revenues of $4,453,293. Loss per share was ($0.04) in Q3 2007 as compared to ($0.06) in Q3 2006 and ($.12) in Q2 2007. SG&A costs were $2,272,643 in Q3 2007 as compared to $4,639,563 in Q3 2006, a 52% reduction and $4,030,079 in Q2 2007, a 32% reduction.
Kevin Westcott, Universal Guardian Holding's President and COO, said, "During Q3 2007, the company has focused on significantly reducing its cost structure and discontinuing non-performing operations. We have significantly reduced our SG&A costs and are now positioned to focus on growth and profitability in our security services group and to further build our global distribution network for our products group."
"The sale of the systems group's assets is expected to close by the end of November, further reducing the cost structure of the company. The company's strategy is to grow the services business through adding new contracts, expanding our geographical reach, and expanding our corporate and IP investigative services. The products group strategy is to develop distributorships globally, including in the United States where we have suspended direct to consumer sales."
Universal Guardian Services Group ("UGSG")
The division closed the quarter with revenue remaining constant from Q2. The division has executed significant savings in SG&A costs during the quarter. SG&A costs in the UGSG have been cut from 58% of its revenue in Q1 to 37% in Q3 and are expected to be further cut in Q4. Non-performing operations have been suspended and the division is focusing its business development activities on the Asian region. The execution of a major mobile security contract linked to reconstruction efforts funded by the United States government in Afghanistan during Q3 contributed significant revenue. A number of very successful training projects have been completed for staff employed by NGO's operating in Afghanistan during the quarter.
"During Q3, time and effort was focused on achieving compliance with the new Private Security Registration requirements presently being introduced by the Government of Afghanistan and UGSG was recently recognized by the Afghanistan Ministry of Interior as a shining example and one of the companies leading the field in achieving legislative compliance," said Bruce Braes, President and COO of UGSG.
"UGSG's mission is to expand our services through the Asia Pacific region in the remainder of FY07 and into FY08," stated Kevin Westcott. "UGSG is superbly positioned being headquartered in Singapore to take advantage of the expanding opportunities being presented by the growth being experienced in a number of Asian economies. We have a growing pipeline of business in Afghanistan and expect both our investigative and consultancy operations to gather momentum in the coming months."
Universal Guardian Products Group
("UGPG")Sale of the Cobra StunLight(TM) units grew in Q3 over Q2 primarily through the sale to distributors. Direct to consumer sales in the US were halted in August 2007 and new distribution channels are being developed to supply the Cobra StunLight(TM) to law enforcement agencies and consumers.
International distributorships for the Cobra StunLight(TM) are being developed and new distribution agreements were signed in Q3 for Japan, Thailand, South Korea, and the Dominican Republic. Distributors are being developed for the geographical regions of India, Brazil, Malaysia, Philippines, Pakistan, and South Africa.
About Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a range of security products and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risk mitigation group includes strategic and tactical security services, as well as non-lethal and tactical products for law enforcement, military, professional security, and consumer markets.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations.
SOURCE Universal Guardian Holdings, Inc.
URL: http://www.universalguardian.com/
www.prnewswire.com
b-a-risktaker, I know as much about this as you do; just what is written in the PR issued today. The best way to get answers and more information is to contact the company directly.
Contacts:
Kevin Westcott, President and COO
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA 92660, USA
+1 949.861.8295
Herbert P. Goertz, CEO
Tagistics Corporation
102 NE 2nd Street Suite 360
Boca Raton, FL 33432, USA
+1 561.207.7779
Is this commitment to shareholders?!
It looks like senior management split and took a moneymaker with them.
Universal Guardian to Spin-off Its Systems Business
As Tagistics Corporation, the spin-off will continue to operate under existing management in place since 2004 providing RFID on-demand solutions.
NEWPORT BEACH, Calif., Nov. 7 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News), an emerging global leader in non-lethal protection products and strategic security services to protect against terrorist, criminal, and security threats, today announced that it has entered into a definitive agreement to spin-off its systems business.
The transaction is expected to close by the end of November and consists of the transfer and sale of Universal Guardian's systems group's RFID business assets to Tagistics Corporation. "The spin-off will allow each company to focus on its core business -- Tagistics on RFID on-demand solutions and Universal Guardian on security through its products and services divisions," said Kevin Westcott, President and COO of Universal Guardian.
"Tagistics' mission remains unchanged following the spin-off," stated Herbert P. Goertz, CEO of Tagistics. "Tagistics is superbly positioned as the only RFID on-demand solution provider in the United States. We have secured financing with new strategic partners and will operate the company with a management team that has been working together in the RFID technology sector since 2004."
The terms include $1,000,000.00 in cash and a secured note, an assumption and release of certain liabilities as well as the provision of hosting services by Tagistics. Universal Guardian will also own 5% of Tagistics Corporation. "We are extremely excited about retaining an equity stake in Tagistics with the tremendous opportunities which we believe exist in the RFID market," Westcott said. "With the business in the hands of former Universal Guardian's Systems Group senior executives, we believe that Tagistics has the ability to develop significant value."
After the spin-off, Universal Guardian will consist of two business groups:
-- UG Services Group which provides integrated strategic and tactical
security solutions which generated over $20 million in revenue in 2006;
and,
-- UG Products Group which designs, manufactures, and distributes
non-lethal products for law enforcement, military, professional
security, and consumers. The Group's first product, the Cobra
StunLight(TM) is being sold globally.
About Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a range of security products and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risk mitigation group includes strategic and tactical security services, as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
About Tagistics Corporation
Founded in January 2004 as a subsidiary of Hong Kong and Beijing based MeiDa Information Technology Ltd, the company provides RFID-on-Demand solutions and services. The company was acquired on October 7, 2005 by Universal Guardian Holdings Inc., based in Newport Beach, CA. In October 2007 the company was spun-off and re-incorporated as a Florida Corporation.
RFID-on-Demand; TAG3; TAGeasy; TAGstation; TAGcentral and Performance Beyond Compliance; are trademarks of Tagistics Corporation.
Corporate Addresses:
Tagistics Corporation
102 NE 2nd Street, Suite 360
Boca Raton, FL 33432, USA
Tagistics Corporation
4225 Pell Drive
Sacramento, CA 95838, USA
http://www.tagistics.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations.
Contacts:
Kevin Westcott, President and COO
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA 92660, USA
+1 949.861.8295
Herbert P. Goertz, CEO
Tagistics Corporation
102 NE 2nd Street Suite 360
Boca Raton, FL 33432, USA
+1 561.207.7779
What you are seeing as "insider buying" is in actuality, shorts "buying to cover". Sellers are also feeding the ask. You should really wait for the 3rd qtr report and read the last SEC filing. I would be surprised if they are able to find someone to underwrite them at this juncture, but if they do, you can expect the cash infusion to be at about .02 share, if that. My guess is sub penny, with 50mil option warrants.
Will we see more insider buying at these prices.
That is good exposure.Lets see if the stock starts to recover.
Universal Guardian's Cobra StunLight(TM) Helps Disable an Armed Assailant
NEWPORT BEACH, Calif., Oct 25, 2007 /PRNewswire-FirstCall via COMTEX/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products and strategic security services to protect against terrorist, criminal, and security threats, today announced another incident occurred where its Cobra StunLight(TM) was successfully used to help disable an armed assailant. Jeremiah Day, while performing his part-time job of booting illegally parked cars in downtown Atlanta, was accosted by an armed man threatening to shoot him. Mr. Day tried reasoning with the armed man and the situation quickly deteriorated.
"He was yelling at me that he was going to shoot me in the face," said Mr. Day, "I always carry my Cobra StunLight(TM) when I am on the job, given the dangerous situations I sometimes face." Mr. Day continued, "As soon as I had the chance, I sprayed him in the face with the StunLight's pepper spray. It shot straight and accurate. He immediately fell to the ground and dropped the gun. I was able to call the police and he was arrested."
Kevin Westcott, President and COO of Universal Guardian Holdings stated, "We are pleased to hear stories like Mr. Day's where the non-lethal protection provided by the Cobra StunLight(TM) swiftly and effectively diffused a dangerous confrontation."
The patented Cobra StunLight(TM) is a 3-in-1 personal protection device used by international law enforcement agencies and security professionals around the world. The Cobra StunLight(TM) offers escalating use-of-force to debilitate one or more assailants through the use of a high-intensity LED flashlight, a psychological deterring red laser aiming device, and launches a ballistic stream of pepper spray from safe distances of up to 20'.
About Universal Guardian Holdings Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a range of security products and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risk mitigation group includes strategic and tactical security services, as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations.
Company Contact:
Kevin Westcott, President and COO
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+ 1 949. 861.8295
SOURCE Universal Guardian Holdings, Inc.
URL: http://www.UniversalGuardian.com
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
-0-
Keep in mind also that insiders can not sell for 6 months after they buy. So they are not looking to just jump in and out on a quick pop in the stock price.
Thanks,if it pulls back again it will be interesting to see if this insider buying keeps up.I am sure likeanyone they are looking to get there best price.
Insiders sell stock for many reasons but they buy for only one reason; They beleive the stock will move higher from their entry point.
Since they obviously know what is coming up for the company next, following their lead is a very good indicator of what to expect.
Do you think with the insider buying there is a good chance some good news will becoming??
Thats is a nice amount.Do you think thereis more buing tomorrow.Was the last run up from insider also.
It looks like the price was .135 if I am correct.Do you think there is buying on pull backs here??
Insider Buying reported for UGHO today. See links:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5414076
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5413910
Over 222,000 shares total.
If management is successful in their current restructuring and brings UGHO to profitability then the stock could return to $1.00 or higher. The last few days of heavy buying show many investors are thinking this way.
This is unreal!!! I have to admit couple of days ago I thought about selling .I am in at about 13 cents and I thought it was heading lower.Strange thing I have looked tosee if this is getting pumped can't find anything.I use to own this around 1.00 sold at 1.15 made small amount of money. God could this be heading back toward 1.00 could that be possible!! Do you think there might be some real nice news coming?? I am not sure what the float is but compared to penney stocks I have owned it does not take alot of volume to move this!!
Another day of strong buying in UGHO pushing the pps up again with a close at the high point. Volume was also more than twice yesterday's.
---------------------------------------------------------
UNIVERSAL GUARDIAN HLDGS INC (UGHO)
0.1999 +0.0769 (+62.52%)
as of 03:59 PM EDT on 08/30/2007
Previous Close 0.123 on 8/29/07
Open 0.123 as of 9:30 AM EDT
Volume 669,380 on OTCBB
Day Low 0.123 as of 9:30 AM EDT
Day High 0.1999 as of 3:59 PM EDT
Yes, some good buying volume in UGHO today pushing the pps up for a close at the high of the day.
------------------------------------------------------
UNIVERSAL GUARDIAN HLDGS INC (UGHO)
0.123 +0.03 (+32.26%)
as of 03:59 PM EDT on 08/29/2007
Previous Close 0.093 on 8/28/07
Open 0.10 as of 9:44 AM EDT
Volume 294,139 on OTCBB
Day Low 0.10 as of 9:44 AM EDT
Day High 0.123 as of 2:57 PM EDT
Thanks,like your post! Hope people start coming to this board! I like the pop in PPS today.I will be keeping a eye on this!!
Read the info I put in my post #347 here. UGHO is not as bad as the current stock price makes it seem. They are restructuring right now to focus on the money making parts of the business and are putting the other segments on hold. This is exactly what they need to to. They just should have done it sooner.
This stock is Over Cooked...
See my board...
http://investorshub.advfn.com/boards/board.asp?board_id=9961
Have a great day...
What impact will this have PPS?
Bought at .075...
A full Boat load...
Have a good one...
Universal Guardian To Suspend US Based Operations
Last update: 8/1/2007 7:42:09 AM
DOW JONES NEWSWIRES
Universal Guardian Holdings Inc. (UGHO) disclosed Wednesday that its board decided to suspend its U.S. based operations in order to focus on growth and profitability within the Services Group.
The Services Group has been and continues to be the principal source of the company's revenue, according to a document filed with the Securities and Exchange Commission.
The suspension of operations eliminates significant overhead costs, allowing the company to use existing resources for the Services Group.
As part of this decision, Universal will lay off or otherwise eliminate both operational and administrative staff for all U.S. based operations.
The reduction in staffing will be completed immediately, the filing said.
Universal said it's unable at this time to make a good faith estimate of the costs associated with the suspension of operations, including contract termination and employee benefits.
In the longer term, the security products provider plans to reactivate its U.S. based operations, according to the filing.
Universal said it's seeking to raise the additional capital required through the public or private sale of debt or equity securities, the procurement of advances on contracts or licenses, funding from joint-venture or strategic partners, debt financing or short-term loans.
In addition, the Newport Beach, Calif.-based, company said it may seek to satisfy debt without any cash outlay through the private issuance of debt or equity securities.
Shares of the company's stock closed Tuesday at 28 cents each.
-Chad Clinton, Dow Jones Newswires; 202-862-1349; chad.clinton@dowjones.com
(END) Dow Jones Newswires
August 01, 2007 07:42 ET (11:42 GMT)
A good time to jump in?
Universal Guardian Non-lethal Cobra StunLight(TM) Ordered by Muhlenberg County Sheriff's Department, Greenville, Kentucky
NEWPORT BEACH, Calif., June 28, 2007 /PRNewswire-FirstCall via COMTEX/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products, intermodal transportation and global supply chain visibility and security systems, and strategic security services to protect against terrorist, criminal, and security threats to governments and businesses worldwide, announced today that the Muhlenberg County Sheriff's Department, Greenville, Kentucky has successfully completed its Cobra StunLight(TM) evaluation and has placed an initial order for the purchase of the Cobra StunLight(TM) for use by its deputies on patrol.
"I saw that we needed a non-lethal tool in our deputies' hands," said Muhlenberg County Sheriff's Department, Greenville, Kentucky, Sheriff Charles E. Perry. "The Cobra StunLight(TM) enables our deputies to carry just one flashlight on their belts and utilize the benefit of the exceptionally bright light, laser, and the immobilizing benefits of chemical agent all in one device," concluded Sheriff Perry.
"We are pleased that the Muhlenberg County Sheriff's Department is proceeding with their deployment of the Cobra StunLight(TM)," said Shaunt Hartounian, National Sales Director, U.S. Law Enforcement. "We are excited that the Cobra StunLight(TM) is in the hands of deputies so they can experience the unique benefits or our product," continued Mr. Hartounian.
"U.S. law enforcement agencies continue to recognize the Cobra StunLight(TM) as a valuable everyday law enforcement tool which provides multiple non-lethal capabilities with accuracy, flexibility, and ease-of-use," stated Kevin Westcott, President and COO of Universal Guardian Holdings.
About Universal Guardian Holdings
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a comprehensive range of security products, systems, and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risks mitigation group includes strategic and tactical security services, integrated global supply chain visibility and security systems for government and industry, as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets. Universal Guardian companies features a wide variety of applications that provide cost-effective, end-to-end solutions and critical security services for government and multi-national businesses from operations on every continent.
Universal Guardian Holdings website: http://www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations.
Company Contact:
Michael J. Skellern, Chief Executive Officer
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+ 1 949. 861.8295
Investor Relations Contact:
RedChip Companies, Inc.
Sanford Diday
(407) 644-4256 ext. 115
Sanford@redchip.com
Info@redchip.com
http://www.redchip.com
SOURCE Universal Guardian Holdings, Inc.
CONTACT: Michael J. Skellern, Chief Executive Officer of Universal Guardian Holdings, Inc.,
+1-949-861-8295; or Investor Relations, Sanford Diday of RedChip Companies, Inc.,
+1-407-644-4256, ext. 115, Sanford@redchip.com, Info@redchip.com, for Universal
Guardian Holdings, Inc.
URL: http://www.universalguardian.com
http://www.prnewswire.com
www.prnewswire.com
Copyright (C) 2007 PR Newswire. All rights reserved
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New Business Opportunity in Mexico
Universal Guardian Holdings, Inc. (UGHO.OB) recently reported that the Company, through its distributor, will be supplying non lethal technology to the Monterry Mexico Police Department.
Universal Guardian is an emerging global leader in non-lethal protection products, intermodal transportation and global supply chain visibility and security systems, and strategic security services to protect against terrorist, criminal, and security threats to governments and businesses worldwide.
The Company announced that its distributor VICGI, S.A. DE C.V. in Monterrey, Mexico will provide Cobra StunLights(TM) as standard equipment in all Monterrey, Mexico police vehicles.
“The Cobra StunLight(TM) will now become standard equipment for more than 200 Monterrey Police vehicles,” stated Julio de la Garza, Managing Director of VICGI. “The Monterrey City Police believes that the Cobra StunLight(TM) is a safe and effective non-lethal defensive and offensive tool during traffic stops and nightly check points throughout the city,” added Mr. de la Garza.
“The Cobra StunLight(TM) is now gaining significant sales momentum at local, state, and national law enforcement agencies across the country after a series of test and evaluation programs over the past year,” stated Miguel Botello, VICGI National Sales Director. “We plan to equip several more police forces with the Cobra StunLight(TM) in 2007,” added Mr. Botello.
“One of our first international sales initiatives was the establishment of our Cobra StunLight(TM) distributor in Mexico,” stated Universal Guardian CEO, Michael Skellern. “VICGI has done an excellent job over the past year in building the Cobra StunLight(TM) business in Mexico,” stated Mr. Skellern.
The patented Cobra StunLight(TM) is a 3-in-1 personal protection device, used by international law enforcement agencies and security professionals around the world. The Cobra StunLight(TM) offers escalating use-of-force to debilitate one or more assailants through the use of high-intensity LED flashlight, a psychological deterring red laser aiming device, and launches a ballistic stream of pepper spray from safe distances of up to twenty (20) feet.
RedChip Highlights: Universal Guardian Holdings, Inc.
RedChip is an international small-cap research and financial public relations firm. RedChip delivers measurable results for its clients via a comprehensive platform of product offerings.
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