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Just picked up 1.3 mil at .0003 Hopefully, we get news on the merger by the end of the month!
I'm at work! Must have hit while I was away from my desk
I was waiting for .0005 but I might as well go ahead and pick up 3 mil at .0006
personally, i think kirk is a shorter, or just here to pump, but some of the buys could be from the float, not likely, but possible.
That's when UNDT usually releases PR
$UNDT is headed for bullish! Golden cross indicator on UNDT
True. If we have to put up with dilution, I'm glad their doing it to reduce debt. They're not diluting and pumping to sell shares.
Actually, it did.
http://finance.yahoo.com/news/Universal-Detection-iw-311705915.html?x=0&.v=1
http://www.reuters.com/article/2011/03/16/idUS230847+16-Mar-2011+MW20110316
http://www.thestreet.com/story/11048785/1/universal-detection-technology-enters-into-agreement-with-the-us-department-of-commerce-to-market-its-radiological-detection-equipment-in-japan.html
http://thestockmarketwatch.com/newsletters/2011/03/17/undt-news-update-universal-detection-technology-enters-into-agreement-with-the-us-department-of-commerce-to-market-its-radiological-detection-equipment/
Or maybe you're right and Yahoo! and Reuters don't exist!
#UNDT stocks are a great accumulation price. I bought a huge stake in #UNDT PERFORM!
You wanna help UNDT, go to BB Stock Haven board and post a UNDT message. I can't tell you how many sites use the most mentioned stocks off BB Stock Haven as their watchlist to their members.
UNDT is holding strong at the .0004-.0005 level. Come next 10-Q, this baby is taking off. They are a premier provider of radiological detection equipment in Japan and their revenue for their sales in Japan (they also had sales in the U.S. and other countries) are going to be on the next 10-Q.
IMO, if there was no faith that UNDT is turning around, the bottom would have already fallen out.
True, but, theoretically, if they convert all available stocks to cover debt, the least bit of demand would make the PPS skyrocket.
If I were Jacques, I would convert every single bit of UNDT debt to equity that I could. If the creditors don't sell, I lowered the float for my shareholders. If they do sell, I just lowered the company's debt by X amount, by which the shareholders still benefit.
True, all those stocks can be sold tomorrow, and it might bring the price down for now. But I still look at it as them getting out of debt. Personally, I would convert as much debt into equity as I could. Get out of debt and reverse split. Unfortunately, that's probably for the best.
We'll know when the next 10-Q is filed, but IMO UNDT will not be as bad off as half these people claim they will be.
UNDT is converting debt and lowering the float. It's not completely bad.
Price only goes up when stocks are being bought with high demand and supply starts to decrease.
Not necessarily.
Your sell order was partially filled. It's not manipulation. All your shares weren't purchased. Unless you specify an "all or none" sell, you will get partials sometimes.
Of course there was dilution. UNDT was paying officers and converting debt to stocks. But you guys are blowing it way up. It's not a conspiracy. It's plain ol' dilution. Hunker down and wait or sell and kick rocks.
Bring the 4s. Heck, bring the 1s. That's just more stocks that I can get cheaper, and stockpile for the next 10-Q release.
Touche. Tizabi loaned the company around 51k I believe.
Form 4 for common stock. Form 144 for restricted stock. I believe no restricted stock has been issued. If you look back at SEC forms for UNDT, you should see all of Tizabi's buys and sells. However, there won't be paperwork for the stock he was given as payment on his salary.
I'm waiting for the numbers. Question is: if UNDT is done, why are you still here?
The 10-Q states:
REVENUE RECOGNITION
The Company’s revenue recognition policies are in compliance with ASC 605 (previously Staff accounting bulletin 104). Sales revenue is recognized at the date of shipment to customers when a formal arrangement exists, the price is fixed or determinable, the delivery is completed, no other significant obligations of the Company exist and collectability is reasonably assured. Payments received before all of the relevant criteria for revenue recognition are satisfied are recorded as unearned revenue. Service revenue is recognized when services are performed and amounts are due.
I'm content with waiting for the next 10-Q. For those of you planning to hold, do so. Don't drink the basher "kool-aid".
what are the numbers?
What are the Buy and Sell numbers at so far?
IMO, what do we have to lose? I hope people don't honestly think they'll make a decent profit if UNDT keeps playing in the penny puddle. I would rather see UNDT listingup to NASDAQ than hoppping around sub-penny.
It's all opinion.
An RS can result in a number of things. The reasons I think it is good are:
1. Increasing PPS can put UNDT on one of the better markets (NYSE, NASDAQ) and attract potential investors
2. Less supply means higher prices when demand is up.
3. It looks good for UNDT to backtrack dilution and make honest efforts for its stockholders.
Yes. If they do a reverse stock split. We have less shares but they are worth the same $. For example, if you own 1,000,000 shares and the current PPS is $.0006, and UNDT did a 200:1 reverse stock split, you would now own 5,000 shares worth $.12 per share.
IMO, a reverse stock split is the best thing for this company. Lower the O/S so when demand hits, supply is low. Recipe for success.
How dense are you? Insider selling requires UNDT to file with the SEC first
I looked back through the report. The page was dated a few days ago but, yes, the report is old. I'm calling the Sarasota Sheriff's Department tomorrow to see if the Gulf Coast Terrorism Prevention Conference is still being held.
We'll never know. The point is you're either onboard or not.
UNDT is getting their name out there. So, some of the operating costs everyone has been complaining about might be doing some good.
FBI's Criminal Justice Information Services Division to Present at Prestigious Sarasota Gulf Coast Terrorism Prevention Conference
The Gulf Coast Terrorism Prevention Conference, a must-attend event, held annually in conjunction with Security Solutions International (SSI), the leader in Homeland Security will take place on September 15th - 19th in Sarasota, Florida. Hosted by the Sarasota County Sheriff's Office and sponsored by the FBI Criminal Justice Information Services Division, Detica, Universal Detection Technology and Saint Leo University, the conference will feature an eclectic and comprehensive program to be presented by leading security experts from the US and Israel.
About FBI CJIS: The FBI's Criminal Justice Information Services Division (CJIS) has a mission: to reduce terrorist activities by maximizing the delivery of timely and relevant information to security organizations worldwide. Established in February 1992, the FBI Division serves as the focal point and central repository for criminal justice information services in an ongoing effort to protect and defend the United States against terrorist and foreign intelligence threats. Located in West Virginia, CJIS is birthplace and home to the Law Enforcement Online (LEO)--a secure, Internet-based communications portal that provides sensitive but unclassified information to law enforcement, First Responders, criminal justice professionals, and anti-terrorism and intelligence agencies worldwide.
If we have to wait, then I will wait. We keep seeing the O/S rise, but we also keep seeing shares being given to Tizabi for payment. What we don't see is Tizabi selling his shares. SEC submissions are required for Tizabi to sell his shares. Therefore, I think UNDT is a hold for now.
I disagree. Half the people on this board stated that UDT didn't even have to money to purchase and ship products. Therefore, they are wrong, products have been shipped and the profits will be put out in either an 8-K or the next 10-Q. Debate the facts all you want. We'll have to wait and see.
UNDT Shipped Products
LOS ANGELES, CA -- (Marketwire) -- 05/23/11 -- Universal Detection Technology (www.udetection.com) (UNDT) (the "Company"), a developer of early-warning monitoring technologies that protect against biological, chemical, and radiological threats, announced today that it has shipped radiation detection devices to customers in Japan. The Company's customers include companies in heavy industries, telecommunications, and electronics.
The items shipped in April and May of 2011, include dosimeter systems such as the dosimeters used for measurement of cumulative radiation exposures and advanced survey meters and surface monitors used in detection of contamination on surfaces. The survey meters sold by the Company are particularly useful for detecting contamination in food and water. The isotope identifiers sold by the Company not only detect contamination but also identify the isotope that has been detected. These detectors are amongst the most sensitive for detecting gamma radiation. The shipped items have a price range of $450 for the dosimeters to over $9,000 for the more sophisticated survey meters and isotope identifiers.
Tokyo Electric initially laid out a six- to nine-month timetable for bringing an end to the crisis in mid-April, a month after the catastrophic earthquake that struck northern Japan. But a recent assessment concluded that coolant levels in the No. 1 reactor at Fukushima Daiichi were much lower than previously believed. This meant the fuel assembly at the reactor's core was fully exposed and molten, settling into the bottom of the surrounding pressure vessel and likely damaging the vessel.
"That would make this a very, very bad accident and extremely difficult to clean up," said Kenneth Bergeron, a physicist who used to work at the U.S. Department of Energy's Sandia National Laboratories in New Mexico. Bergeron said the molten core may have damaged some of the lines leading into the pressure vessel, such as the tubes that house the control rod drive mechanisms, leading to the leaks.
"As the focus of the Fukushima disaster shifts from widespread contamination to cleanup efforts we are seeing more interest in our more sophisticated detection devices such as the survey meters and isotope identifiers that can not only detect radiation but also identify the isotope," said Mr. Jacques Tizabi, the Company's Chairman and CEO. "We expect this interest to continue as reports of high gamma radiation in the Fukushima prefecture continue," he added.
http://markets.financialcontent.com/precisionir/?GUID=18532569&Page=MEDIAVIEWER