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CHNW I am in @ .003
My target is .02
AuGRID Corporation Name Change and Acquisition
Thursday September 7, 1:00 pm ET
Shareholder Update
VINELAND, N.J., Sept. 7, 2006 (PRIMEZONE) -- AuGRID Corporation has filed with the state of Nevada for a name change. In addition, a new logo is also completed. These changes are representative of the direction of the AuGRID corporation acquisition model.
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An 8K will be filed in 10 days detailing our intent for short-term and long-term goals; we feel it is a good practice to keep the Regulatory agencies informed about the International activities of the corporation and any event driven activities within the United States.
The new board of directors have convened and tabled the discussion of any reverse and decided against it. The board will reconvene in October.
The name change is as follows: AuGRID Global Holdings Corporation. The new logo will be available on our web site in one week. We ask that the investment community follow AuGRID closely and watch our progress, all though it may take small steps, it will be steps forward. The first acquisition is a Chinese company named TSM Limited. The purpose for this micro-acquisition is key for AuGRID doing business in China. The Chinese Company has an established record and is up to date and clean. This will give AGHC a historical presence in Hong Kong, and immediately open doors for two acquisitions that are pending. AuGRID Global Holdings Corporation will continue its efforts to satisfy compliance issues for Regulatory agencies, as well to negotiate for future acquisitions. AuGRID is hopeful that through compliance, hard work, and strategic acquisitions of either companies, or qualified assets, that AuGRID and its shareholder base will qualify for the AMEX.
AuGRID will apply for non-reporting status, but will continue to report as expected for a fully reporting company. The basis for this action is simple; if we wish to go to the AMEX in the future we had better learn to behave like an AMEX company now.
In closing, AuGRID is signing a letter of intent on the 15th of September for a small acquisition. A majority of the terms and conditions have been negotiated and will await Accounting and Auditing approval. Management assesses that after the auditing the numbers of the Acquisition target is done, and the acquisition is complete, that the market will view AuGRID in a different light and status.
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AuGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as ``may,'' ``should,'' ``likely,'' ``expects,'' ``anticipates,'' ``estimates,'' ``believes'' or ``plans,'' or comparable terminology, are forward-looking statements based on current expectations about future events, which AuGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AuGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AuGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AuGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
AuGRID Corporation
(856) 205-0856
--------------------------------------------------------------------------------
Source: AuGRID Corporation
Do you like AUGC news?
SFTW wow! watch VCTY!!!
IMNR yesterday over 50mil today over 30 mil in volume
and no movement in stock price.
market maker UBSS,NITE,OLMP sellers.
OLMP got tons of shares to sell...looks like.imo
Do not want to get stuck holding it.
Good luck.
IMNR fwiw
Posted by: oilerman1957
In reply to: n2bugs who wrote msg# 157451 Date:8/3/2006 10:07:59 AM
Post #of 157573
IMNR, Etrade wont even let me set a sell order without calling.LMAO
Posted by: jstone
In reply to: oilerman1957 who wrote msg# 157453 Date: 8/3/2006 10:14:23 AM
Post #
Played this through E-trade several weeks ago and had the same problem! Said they had word of a reverse split and were trying to minimize trading!!!!
BCLC very cheap here at .02s
Want .06 area.
Posted by: STEPIN
In reply to: flybridge who wrote msg# 674673 Date:7/21/2006 11:48:51 AM
Post #of 693957
WWEN I bought more today @.065 and @.07
My target is in .20s short term.
IMNR s/8 for 12 mil shares just few days ago.LOL
WWEN I bought more today @.065 and @.07
My target is in .20s short term.
WWEN holding all.
UDTT S8 25,000,000 cintrix 6/30/2006 3:12:05 PM
UDTT (SB-2) 110,822,470 shares 2/14/06 hopscotch 2/14/2006 6:14:36 PM
UDTT S8 7,500,000 cintrix 2/13/2006 6:53:08 AM
UDTT has s-8 of 25mil. lol
UDTT has S-8 250mil 6/30.fwiw
UDTA:This part worries me the most.
The Company said it has very little cash and negative working capital, and its sales volume is insufficient to cover its expenses. Therefore, unless the Company is able to significantly increase its sales or obtain additional capital, it is unlikely that it will be able to sustain its current level of operations for the remainder of the year.
Re: UDTA
10k looks very ugly to me.
Ultradata Systems Reports Loss For Year Ended December 31, 2005
Friday April 7, 4:06 pm ET
ST. LOUIS--(BUSINESS WIRE)--April 7, 2006--Ultradata Systems, Incorporated (OTCBB:UDTA - News) today announced audited financial results for the year ended Dec. 31, 2005. The Company has filed the results on its Form 10-KSB with the Securities and Exchange Commission.
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Net sales in 2005 decreased 80 percent to $781,220 from $3.97 million in 2004. Ultradata reported a net loss in 2005 of $5,871,819, compared with net income of $317,822 in 2004. The 2005 loss included $4,824,878 of non-cash loss due to the Company's expensing of the fair value of a warrant issued in 2005. The Company's operating loss for 2005 was $1,046,216, compared to operating income of $322,595 in 2004. The Company's gross profit was 46% of sales in 2005 compared to 49% of sales in 2004.
The Company said it has developed two new products in 2005 that are expected to be available in the second quarter. These are a low-cost voice-activated hands-free digital recorder for use in automobiles and a cellular road information product which provides road service information, including real-time gas pricing, without the need for any other hardware except a cell phone.
The Company said it has very little cash and negative working capital, and its sales volume is insufficient to cover its expenses. Therefore, unless the Company is able to significantly increase its sales or obtain additional capital, it is unlikely that it will be able to sustain its current level of operations for the remainder of the year.
Ultradata Systems, Incorporated is based in St. Louis, Missouri, where the Company develops and markets hand-held travel information computers and information systems used for locating destinations and trip planning. The Company's lead product, the handheld electronic travel information guide, has sold more than three million units through chain drug stores, mass and consumer electronic retail chains, home centers, the automotive aftermarket, cable TV direct marketers, premium incentive catalogs, and other channels. These products use the Company's patented data-compression technology and proprietary database to provide directions to thousands of destinations and services along highways and in major metropolitan areas.
This press release contains forward-looking statements within the meaning of applicable federal securities laws. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or other changes. Readers are cautioned not to place undue reliance on these forward-looking statements. Risk factors that may cause future results to differ from those implied in these forward-looking statements include, but are not limited to, the fact that our limited financial resources may be insufficient to permit us to develop products and introduce them to the market, the fact that we rely on a small number of customers so that the loss of a significant customer could imperil the marketing of an entire product line, and the difficulty of attracting mass-market retailers to a seasonal product like the Talking Road Whiz(TM). Additional information relating to historical financial and operational performance, the company's strategies, competitive risks, and market conditions are available in Ultradata Systems' reports on Form 10-KSB and 10-QSB on file with the Securities and Exchange Commission.
Ultradata Systems, Incorporated
Statement of Operations
Twelve Months Ended
December 31,
-----------------------
2005 2004
----------- ----------
Net sales $ 781,220 $3,970,434
Gross profit 358,859 1,943,678
Operating (loss) income (1,046,216) 322,595
Warrant fair-value expense (4,824,878) -
Other income (expense) (725) (4,773)
----------- ----------
Net (loss) income $(5,871,819) $ 317,822
(Loss) income per share (basic and diluted) $ (0.86) $ 0.05
----------- ----------
Weighted average shares
outstanding (basic and diluted) 6,811,257 6,225,304
Ultradata Systems, Incorporated
Balance Sheet
December 31, 2005
Assets
Cash $ 133,524
Accounts receivable, net 96,910
Inventories, net 86,314
Prepaid expenses 39,144
------------
Total current assets 355,892
Property Plant and Equipment (net) 33,251
Other assets 5,444
------------
Total assets $ 394,587
============
Liabilities and Shareholders' Deficiency
Accounts Payable 200,172
Total accrued expenses and other 177,687
------------
Total current liabilities $ 377,859
------------
Notes payable - long term 119,993
Derivative and warrant liability 4,816,193
------------
Total liabilities 5,314,045
Common stock 83,413
Additional paid-in capital 9,528,366
Accumulated deficit (14,531,237)
------------
Total shareholders' deficiency (4,919,458)
------------
Total liabilities and shareholders' deficiency $ 394,587
============
Contact:
Ultradata Systems, Incorporated
Ernest Clarke, 314-997-2250
--------------------------------------------------------------------------------
Re PXIT, They are diluting. Outstanding shasres were 95mil just few weeks ago.IMO
Really? you have link?
DRVW becareful S-8 2/14 20mil.
i_like_bb_stock Can you post GLIF chart.
Is that triangle?
TIA!
I bought ARET today @.0039. and holding from @.0043.
i_like_bb_ Can you post chart on PLKC.
TIA.
Austin, thanks for your input.
Hi everyone. GLNC/ I bought @.60 should I hold?
Or should I sell here?
EZTO/ Is it time to buy yet? I'am new to OTC stocks.
Hey guys, how you all doin'?
Banged a lot of money on CWLC. CRGO
Currently in holding WFMC and MMIC
I am not a daytrader, I cannot stay in front of the computer all day, therefore I buy stocks and hold them for a few days.
But thanks a lot guys!!!!!!!
Anyone have any opinions about EZTO?
-Thanks in advance
Hi everyone!
SENR
My GTC got filled at .11 last week. I bought it at .045.
I want to thank you guys for helping me out.
Truthfully, I think this is one of the best boards in iHub.
Keep up the good work (PieSky, Wang, ddfridd_007)
I Hope so, I am in @.05 and holding.
Today, this is looking much better now.
Today, this is looking much better now.
By the way, I bought some SENR at .045
Thank you very much for a warm welcome.
Hey, I'm a newbie here. I've been observing this board for a little while now. I see that Ddfridd007, Wang, PieSky, etc. are very honest in your thoughts. I think Cash Cow is one of the best boards in iHub. I'll be watching closely and learning a lot from you guys.
By the way, I made a great profit on AQGL and CKEI..
First time posting here at I-Hub.
After reading all the messages, I got in XPNG on friday.
Chart looks better now.
IMHO.. friday was turnaround.
G/L