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tick tock.
David Dalton has a lot of credibility to gain here before anyone touches this pig. How about answering a phone call or e-mail? How about updating shareholders to why you diluted the O/S 150 MILLION SHARES? How about a press release or financials that were suppose to be out already? Whats going on here!!!
Have a wonderful Xmas David Dalton I'm sure with that 150 million sell there are going to be some wonderful gifts under the tree this year.. must be nice. Greed is good! The 1% of faith I had left in this company is far out the window. My opinion, we will not be hearing from Dalton until Feb-March when it's time to pay for his daughters Syracuse tuition, gotta get money from somewhere! Maybe we will be at 1 billion O/S by then oh that will be fun can't wait :) Good times ahead.
Dalton, Chaitra
UNIVEC INC.
822 Guilford Ave.
Baltimore
Baltimore, Maryland 21202
United States
chaitradalton@gmail.com
(410) 347-9959 Fax -- (410) 347-1542
David Dalton cell: Phone: 443-253-0194 or 443-641-4449
Shareholders call until he picks up!! we want answers.
David Dalton cell: Phone: 443-253-0194 or 443-641-4449
Meritage,
Your obviously close to Dalton as you only post on UNVC board and your posts are very selective. Why don't you tell Dalton to step up like a man and answer a call or e-mail once in a while. If he would simply do just that you wouldn't need to be on here as his back-up.
It's really getting to comical of the select few trying to make things look "good" here. I been here since November 2010 and not a dam thing has changed except a higher O/S and A/S now.
Just when I think there is some light at the end of the tunnel with this stock and I get my hopes up, bam Dalton takes 150 million off the table...For what? who knows, maybe to buy his wife a benz for xmas, maybe another tuition payment at Syracuse for his daughter, maybe some drinking money to spend at the bars with Ribotsky.
How does that one feel shareholders.
Lowman I totally agree, what's the difference between Madoff and Dalton right now, Not much! This guy needs to step up to the plate and stop hiding behind curtains.
What do you tell investors who bought this on the last run and got stuck between .002-.004, the bid is now .0002 WHAT DO YOU TELL THEM, DALTON GOT YOU GOOD.
WHERE ARE THE UPDATED FINANCIALS
WHERE ARE THE PRESS RELEASES
WHERE IS DALTON??????????????????
YOU NEW TOUTS STOP STICKING UP FOR DALTON/UNVC WE BEEN HERE LONG ENOUGH AND KNOW THE DEAL. WE WANT ANSWERS/RESULTS!
David Dalton cell: Phone: 443-253-0194 or 443-641-4449
All makes sense now with their Cayman Bank Accounts and Corey Ribotsky in the picture under the SEC spotlight.. should have known.
Daltons Gotta pay his daughters Chaitra Dalton Syracuse education somehow just unload more shares on your shareholders.
Shares Outstanding -- 438,841,704--a/o Dec 06, 2011
DALTON DUMPING MILLIONS OF SHARES ON IT'S OWN SHAREHOLDERS NOW OVER 400 MILLION OUTSTANDING SHARES. GET THE CUFFS READY
DALTON COME OUT WITH YOUR HANDS UP YOU CROOK
is this correct just checked pinksheets.com???
Share Structure
Market Value -- $131,653 -- a/o Dec 06, 2011
Shares Outstanding -- 438,841,704--a/o Dec 06, 2011
Float -- 221,867,522 -- a/o Dec 06, 2011
Authorized Shares -- 1,000,000,000 -- a/o Nov 06, 2011
Par Value -- 0.01
Did David Dalton increase the following????
Outstanding Shares by: 152,024,803
Authorized Shares by: 500,000,000
Current float: 221,867,522
Univec Phone Live: 443-641-4449
Lottotix - UNVC on Breakout!
Wolverine - UNVC on Radar!!
Value_Investor - UNVC Primed!!
Nuclear - UNVC a Go!
Balamida - UNVC a Go!
New website updated? http://Univecinc.com
DR. DAVID DALTON
Dr. David Dalton is Chairman, President and CEO of UNIVEC Inc. and subsidiary Physician and Pharmaceutical Services Inc. (PPSI). Dr. David Dalton has spent his professional career in the pharmaceutical industry, bringing over 35 years of experience to his profession. He received a B.S. in pharmacy from West Virginia in 1971 and was honored as one of the top ten graduates over a 100 - year span. Dr. Dalton became a Doctor of Pharmacy in 1974. He served in several capacities with Rite Aid Corporation from 1971 to 1989 including Corporate Vice President. He left Rite Aid Corporation to acquire Peoples Drug Stores with an investment Group inclusive of Robert Bass of Texas. Dr. Dalton served as Senior Vice President.
Dr. Dalton then acquired Sherman Management Group, one of the first worker compensation pharmacy benefit management companies in the United States and Medical Service Agency, where he served as Chairman, President, and CEO, which he merged in November of 1994 to MEDNET, a national Pharmacy Benefit Management Company (PBM) listed on NASDAQ. Dr. Dalton served as Executive Vice President of MEDNET and President of Medi-Claim (a wholly owned subsidiary of MEDNET). Dr. Dalton's next venture, Managed Care Rx, a National Specialty care pharmaceutical provider for assisted living facilities, nursing homes, and prisons, was merged with, a subsidiary of Bergen Brunswick, a drug wholesale company with sales in excess of 14 billion.
His next venture, Health Resources, Inc. for which he is Founder, President and CEO is a national pharmacy benefit management company that has contracted with over 50,000 retail pharmacies for the fulfillment of prescription orders and Pharmacy Services, Inc. a nationwide prescription mail service company.
Dr. Dalton is one of the original members and directors of the National Council of Prescription Drug Programs (NCPDP) and responsible for the standards that pharmacies use across the United States to transmit prescriptions. Dr. Dalton has served as a board member on such organizations as Blue Shield of Pennsylvania, United Way, National Health Association, National Association of Chain Drug Stores, (NACDS) . He has been a visiting professor and lectures at several schools of pharmacy throughout the United States and Past President of West Virginia University School of Pharmacy Presidential Committee.
Dr. Dalton has received national and local recognition by the President and Senate of the United States including the Medal of Freedom the highest honor given by the United States Senate. In addition the University of West Virginia recognized him as a Distinguished Alumni and again honored him as Outstanding Alumni of West Virginia School of Pharmacy and Outstanding Service recognition to the School of Pharmacy of West Virginia University. Dr. Dalton was inducted into the Black CEO Hall of Fame in 2006.
I picked up a few million in the .0004s Locked and Loaded.
David Dalton cell: Phone: 443-253-0194 or 443-641-4449
rumor has it he has been answering via text message (if it's him)
i am not exactly sure if it's just Ribotsky or NIR Group that is the largest shareholder. Being I see UNVC in the ibox about as their list of securities owned I would imagine then it's NIR Group (Ribotsky). Univec, Inc use to be reporting up until November 2010 then the CEO stopped filing.
So what exactly does this mean for UNVC that NIR has a convertible note with a 4.99% clause. I imagine NIR Group provided a loan to Univec, Inc UNVC in exchange for shares. How many shares were they? what price? and I assume there is no way to find out if NIR Group sold them?
Thanks so much.
I believe this is what you were asking for, please see below link and maybe you can clarify this in more simple terms.
I called the transfer agent they will not give any info and said we need to call Univec directly. Univec hasn't returned a email/call to any shareholder in a year.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7472138
B. Buyers desire to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement (i) 12% convertible notes of the Company, in the form attached hereto as Exhibit “ A” , in the aggregate principal amount of Sixty Thousand Dollars ($60,000) (together with any note(s) issued in replacement thereof or as a dividend thereon or otherwise with respect thereto in accordance with the terms thereof, the “ Notes ”), convertible into shares of common stock, par value $0.001 per share, of the Company (the “ Common Stock ”), upon the terms and subject to the limitations and conditions set forth in such Notes.
a. Purchase of Notes . On the Closing Date (as defined below), the Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such principal amount of Notes as is set forth immediately below such Buyer’s name on the signature pages hereto, which, together with the subsequent closings provided in Section 1(d) below, aggregate Sixty Thousand Dollars ($60,000) principal amount of Notes.
e. Acknowledgment of Dilution . The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Shares upon conversion of the Note. The Company further acknowledges that its obligation to issue Conversion Shares upon conversion of the Notes in accordance with this Agreement, and the Notes is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other shareholders of the Company.
1.1 Conversion Right . The Holder shall have the right from time to time, and at any time on or prior to the earlier of (i) the Maturity Date and (ii) the date of payment of the Default Amount (as defined in Article III) pursuant to Section 1.6(a) or Article III, the Optional Prepayment Amount (as defined in Section 5.1 or any payments pursuant to Section 1.7, each in respect of the remaining outstanding principal amount of this Note to convert all or any part of the outstanding and unpaid principal amount of this Note into fully paid and non-assessable shares of Common Stock, as such Common Stock exists on the Issue Date, or any shares of capital stock or other securities of the Borrower into which such Common Stock shall hereafter be changed or reclassified at the conversion price (the “ Conversion Price ”) determined as provided herein (a “ Conversion ”); provided , however , that in no event shall the Holder be entitled to convert any portion of this Note in excess of that portion of this Note upon conversion of which the sum of (1) the number of shares of Common Stock beneficially owned by the Holder and its affiliates (other than shares of Common Stock which may be deemed beneficially owned through the ownership of the unconverted portion of the Notes or the unexercised or unconverted portion of any other security of the Borrower, subject to a limitation on conversion or exercise analogous to the limitations contained herein) and (2) the number of shares of Common Stock issuable upon the conversion of the portion of this Note with respect to which the determination of this proviso is being made, would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares of Common Stock and provided further that the Holder shall not be entitled to convert any portion of this Note during any month immediately succeeding a Determination Date on which the Borrower exercises its prepayment option pursuant to Section 5.2 of this Note. For purposes of the proviso to the immediately preceding sentence, beneficial ownership shall be determined in accordance with Section 13(d) of the Securities Exchange Act of 1934, as amended, and Regulations 13D-G thereunder, except as otherwise provided in clause (1) of such proviso. The number of shares of Common Stock to be issued upon each conversion of this Note shall be determined by dividing the Conversion Amount (as defined below) by the applicable Conversion Price then in effect on the date specified in the notice of conversion, in the form attached hereto as Exhibit A (the “ Notice of Conversion ”), delivered to the Borrower by the Holder in accordance with Section 1.4 below; provided that the Notice of Conversion is submitted by facsimile (or by other means resulting in, or reasonably expected to result in, notice) to the Borrower before 6:00 p.m., New York, New York time on such conversion date (the “ Conversion Date ”). The term “ Conversion Amount ” means, with respect to any conversion of this Note, the sum of (1) the principal amount of this Note to be converted in such conversion plus (2) accrued and unpaid interest, if any, on such principal amount at the interest rates provided in this Note to the Conversion Date, provided, however, that the Company shall have the right to pay any or all interest in cash plus (3) Default Interest, if any, on the amounts referred to in the immediately preceding clauses (1) and/or (2) plus (4) at the Holder’s option, any amounts owed to the Holder pursuant to Sections 1.3 and 1.4(g) hereof or pursuant to Section 2(c) of that certain Registration Rights Agreement, dated as of September 1, 2010, executed in connection with the initial issuance of this Note and the other Notes issued on the Issue Date (the “ Registration Rights Agreement ”). The term “Determination Date” means the last business day of each month after the Issue Date.
2
1.2 Conversion Price .
(a) Calculation of Conversion Price . The Conversion Price shall be the Variable Conversion Price (as defined herein) (subject, in each case, to equitable adjustments for stock splits, stock dividends or rights offerings by the Borrower relating to the Borrower’s securities or the securities of any subsidiary of the Borrower, combinations, recapitalization, reclassifications, extraordinary distributions and similar events). The “ Variable Conversion Price ” shall mean the Applicable Percentage (as defined herein) multiplied by the Market Price (as defined herein). “ Market Price ” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the twenty (20) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent by the Holder to the Borrower via facsimile (the “ Conversion Date ”). “ Trading Price ” means, for any security as of any date, the intraday trading price on the Over-the-Counter Bulletin Board (the “ OTCBB ”) as reported by a reliable reporting service ( “Reporting Service” ) mutually acceptable to Borrower and Holder and hereafter designated by Holders of a majority in interest of the Notes and the Borrower or, if the OTCBB is not the principal trading market for such security, the intraday trading price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no intraday trading price of such security is available in any of the foregoing manners, the average of the intraday trading prices of any market makers for such security that are listed in the “pink sheets” by the National Quotation Bureau, Inc. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “ Trading Day ” shall mean any day on which the Common Stock is traded for any period on the OTCBB, or on the principal securities exchange or other securities market on which the Common Stock is then being traded. “ Applicable Percentage ” shall mean 50.0%.
Dalton cell: Phone: 443-253-0194 or 443-641-4449
well if it's true Cory Ribotsky owned 120mm shares then i think we have just reached about that number over the past few days of selling. I truly hope it's the case that he did sell his shares would allow for a clean start here.
mer
what's your time frame?
Question
I am a shareholder of a company called Univec, Inc (UNVC) and after some deep digging it turns out Cory Ribotsky is the largest shareholder from what we are hearing (he is also on the financial statements). Over the past few days there has been major unexpected selling taking place in UNVC and were interested to know since the stock only has 166 million float/286 O/S is Cory unloading shares? I see there are rumors on this board that he is packing in the bag so any feedback would be appreciated.
this must be Ribotsky unloading his shares, there is only 166 in the float and he is the biggest shareholder from what I heard. I think everyone is in silent mode until this unloading stops then things will kick in gear, just my two cents.
where the heck did everyone go? no moderator? It's like the "Dalton" crew came in did their pump and hit the road.
Nathanial-
Who did you speak with at Univec and what number did you call?
What was discussed you can share with the board?
Thanks
Univec, Inc Telephone: (443) 641-4449
Totally agree: Show us FINANCIALS DALTON.
momentum is building on the bid... getting interesting
My guess Univec is already generating substantial revenue through distribution of Vistapharm medical products. I think we haven't seen financials yet due to them probably wanting to get those numbers up! guess we shall see. :)