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I assume the outstanding shares are still the same
net loss of ($72,582) divided by OS 98,921,624 is .0007
thanks for the shares there in much stronger hands now buying higher than my average price isnt a normal thing but how can you go wrong here gotta love averaging up!
lots of new eyes here seems to me this stock has finally seen a bottom welcome and congrats for coming on board!
you are correct I meant thirteen cents anyone know WHY the company would be buying back 15 Million shares?
maybe we will see that $.013 again after all buying and holding boy I would love to see some more cheaper but thats VERY doubtful when this news actually gets around
three weeks with continued upward movement looks like the flippers will not be getting back in cheaper lol!
dont think you need to worry about that lol!
not doing much here lately
is it time to buy yet? all I see is down down down
great to see some upward movement! looks like the new company is actually doing things instead of just pretending like the last few
its nice to see some new shareholders posting here great entry folks
maybe they should sell light bulbs LOL
Glad I sold out already hate to see people lose money with these bogus CEO's
Lets get this party started!
UDHC Announces Leasing Company Acquisition
Ulysses Diversified Holdings Corporation Announces Leasing Company Acquisition
CHICAGO--(BUSINESS WIRE)--Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) today announced that it has been in the exploratory stages of acquiring a privately held leasing company. To date Ulysses has completed its preliminary due diligence of the target company's operations, management and future growth potential and intends to continue forward with said acquisition.
“The company after performing its initial due diligence has recognized that this acquisition will fit all of our required criteria for an acquisition of this size, including the additional revenue stream, growth potential and expanded financing alternatives for our current and potential new clients,”
said Jean Howe, President & Chief Executive Officer of Ulysses Diversified Holdings Corporation.
Jean Howe, President & Chief Executive Officer also stated, "The company carefully evaluates all acquisition opportunities to assure growth and value potential is present for both the company and its shareholders alike, we plan to move forward on an accelerated basis completing all additional required due diligence and legal aspects of this acquisition along with setting a closing date on or before the end of 2010."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contacts
Ulysses Diversified Holdings Corporation
Jean Howe, President, (847) 577-3795
info@udhc.biz
www.udhc.biz
http://www.businesswire.com/news/home/20101202005956/en/Ulysses-Diversified-Holdings-Corporation-Announces-Leasing-Company
will this ever move
any more sellers in the triple zeros
great to see a company actually do what they say there going to do for a change
triple zeros are next
wonder if the MA(200) will hold?
JNS Power & Control Systems, Inc. Completes Reverse Merger by Acquiring Ulysses Diversified Holdings Corporation
August 19, 2010 09:05 AM Eastern Daylight Time
JNS Power & Control Systems, Inc. Completes Reverse Merger by Acquiring Ulysses Diversified Holdings Corporation
CHICAGO--(BUSINESS WIRE)--Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) announced today that JNS Power & Control Systems, Inc. of Arlington Heights, Illinois has completed all acquisition documents which gives full control of UDHC to JNS Power & Control Systems, Inc.
JNS Power & Control Systems, Inc. has announced the first order of business was to remove the current board of directors of Ulysses Diversified Holdings Corporation. JNS Power & Control Systems, Inc. has received and accepted the resignation of the current president and all board members effective immediately. JNS Power & Control Systems, Inc. board of directors will meet within the coming weeks to elect a new board of directors.
JNS Power & Control Systems, Inc is located in Arlington Heights, Illinois which serves the Chicago area. JNS Power & Control Systems, Inc has been in business since 2001 and specializes in building automation, fire alarm installations and design build electrical services. Over the last six years JNS Power & Control Systems, Inc. has generated $18.9 million dollars of revenue with $3.5 million dollars of gross profit.
With this first acquisition completed JNS Power & Control Systems, Inc. now believes it has placed themselves in a position to experience tremendous growth for the future. We will continue to grow shareholder value by securing future projects and adding additional acquisitions in the future.
The Company’s (UDHC) Current Market Capitalization is:
Authorized Shares - 202,000,000
Common Shares Outstanding - 98,921,624
Restricted Shares Outstanding - 43,846,547
Public Float - 55,075,077
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contacts
Ulysses Diversified Holdings Corporation
Christopher Vick
Investor Relations Department
info@udhc.biz
(847) 577-3795
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100819005232&newsLang=en
ClayTrader could you give me a chart for UDHC? Breaking out above 200MA, high volume and reverse merger news just out!
but there is another green day 50,000 shares is better then yesterdays 3,000 I just wish all the sellers (ahem bid wackers) would sell already that trade at .004 looked awful nice even for a double which it already is
you are so right but most of these pinkies people are not holding long term even so you know how to pick some winners!
nice day today will it continue?
how low do we go?
looks like I was right.
libel looks like you need some help updating info in the i-box can add me as an assistant moderator?
good luck with that one, look at the chart
Down, down she go's!
I'll take some .0001's if anyones giving them away LOL!
The calm before the storm
still showing wedge pattern on chart for a while IMO
it doesn't look like we'll get our confirmation of 2nd green day above MA(200)? not good
anyone getting any .0001's
From the last news release "The Company has taken this action in anticipation of a pending acquisition opportunity that may or may not require the use of all or some of the additional authorized securities as part of the transaction."
http://finance.yahoo.com/news/Ulysses-Diversified-Holdings-iw-3297694455.html?x=0&.v=1
An acquisition, also known as a takeover or a buyout or "merger", is the buying of one company (the ‘target’) by another. An acquisition, or a merger, may be private or public, depending on whether the acquiree or merging company is or isn't listed in public markets. An acquisition may be friendly or hostile. Whether a purchase is perceived as a friendly or hostile depends on how it is communicated to and received by the target company's board of directors, employees and shareholders. It is quite normal though for M&A deal communications to take place in a so called 'confidentiality bubble' whereby information flows are restricted due to confidentiality agreements (Harwood, 2005). In the case of a friendly transaction, the companies cooperate in negotiations; in the case of a hostile deal, the takeover target is unwilling to be bought or the target's board has no prior knowledge of the offer. Hostile acquisitions can, and often do, turn friendly at the end, as the acquiror secures the endorsement of the transaction from the board of the acquiree company. This usually requires an improvement in the terms of the offer. Acquisition usually refers to a purchase of a smaller firm by a larger one. Sometimes, however, a smaller firm will acquire management control of a larger or longer established company and keep its name for the combined entity. This is known as a reverse takeover. Another type of acquisition is reverse merger, a deal that enables a private company to get publicly listed in a short time period. A reverse merger occurs when a private company that has strong prospects and is eager to raise financing buys a publicly listed shell company, usually one with no business and limited assets. Achieving acquisition success has proven to be very difficult, while various studies have shown that 50% of acquisitions were unsuccessful.[citation needed] The acquisition process is very complex, with many dimensions influencing its outcome.[1] There is also a variety of structures used in securing control over the assets of a company, which have different tax and regulatory implications:
http://en.wikipedia.org/wiki/Mergers_and_acquisitions
The company's reverse split of 125 for 1 just screwed all existing PCAI shareholders and David Cohen is STILL here!
Is this the company Kevin Costner's brother owns?
This stock has been trading sideways for months it's going nowhere IMO