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If you guys want to make any money, better stop bashing, take off your 1s on the ask and let it close at 2. With 100% increase at closing, new buyers encourage to buy and we all can sell at higher prices otherwise we will stick here for a long time.
Shandong Shengda Technology Co. Ltd. updated by the company on Aug. 23, 2012
Annual Sales increased from 1.1billion Yuan or about $174 million to $800 million or over 5 Billion Yuan
Asia’s largest NPCC production with annual output of 100 million MT to be completed in 2015
Total investment changed from 5 Billion to 50 Billion Yuan
http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2F685630.01p.com%2F
Top 10 toppled executives in 2009
http://www.chinadaily.com.cn/bizchina/2009-12/24/content_9225428.htm#name1
Huang Guangyu’s Farewell Letter. China’s second richest man in 2009 and a national hero begins a 14-year prison sentence for charges of bribery and corruption
http://blogs.wsj.com/chinarealtime/2010/09/06/huang-guangyus-farewell-letter/
We certainly don’t wish Mr. Chen Xiangzhi any harm and strongly believe, when it comes to expansion of business, he would be the best man for the job but, he must learn to share his success with those who helped him with hundreds of millions of dollars seed money to build his business and never forget the negative consequences of greed!
http://www.nasdaq.com/reference/200706/market_open_062107.stm
Next step, China Ministry of Justice, if he insists!
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&twu=1&u=http://www.moj.gov.cn/aboutus/contactus.htm&usg=ALkJrhjgNlceI4fm-1hpZ0hlwYXUkx5vBw
E-mailed to:
malba@rgrdlaw.com, ccarlyon@sheacarlyon.com, rmsmith@sheacarlyon.com, nrodriguez@sheacarlyon.com, kmallet@sheacarlyon.com, frances.kao@skadden.com, rkinas@swlaw.com, jmath@swlaw.com, mfull@swlaw.com, nbaig@swlaw.com, bgriffith@swlaw.com, nunzueta@swlaw.com, docket_las@swlaw.com, ilevee@lowenstein.com, john.lyons@skadden.com, chdocket@skadden.com, brawilso@skadden.com, comara@lionelsawyer.com, jsparks@lionelsawyer.com, lvecffilings@gtlaw.com, olsonb@gtlaw.com, heilichj@gtlaw.com, lvlitdock@gtlaw.com, comara@lionelsawyer.com, jsparks@lionelsawyer.com, srudman@rgrdlaw.com, jsherwood@lowenstein.com, ilevee@lowenstein.com, cobrien@lionelsawyer.com, bklscr@lionelsawyer.com, craig.johnson@gardencitygroup.com, rvhteam@gcginc.com, Pacerteam@gardencitygroup.com, etlteam@gcginc.com, amy@amytirrelaw.com, admin@amytirrelaw.com, USTPRegion17.RE.ECF@usdoj.gov, bill.cossitt@usdoj.gov, jsmith@lionelsawyer.com, lrosen@rosenlegal.com, lfong@kaplanfox.com, avi@thewagnerfirm.com, jalieberman@pomlaw.com, migross@pomlaw.com, pdahlstrom@pomlaw.com, lking@kaplanfox.com, lrosen@rosenlegal.com, mail@shareholdersfoundation.com, firm@izardnobel.com, gms@rigrodskylong.com,
Shandong China with population of nearly 93 million, where most of Chen Xiangzhi manufacturing facilities are located, is one of the largest most important provinces in China with booming economy and annual growth of about 10%
Based on the company’s nearly 10 billion Yuan assets, shears should worth about $30.00, why you want to sell them @ $0.04. do the math
Every company particularly the small ones need cash to execute their plans and that’s the reason they go public. How do you expect them to make you money if you buy high and sell low? If the intention was to take your money and run they didn’t have to make any of the acquisitions or develop any products. All they needed to do was to come up with stories and news you like to hear, put all their stocks for sell, collect as much money as they can and disappear. Do you see any of these happening?
$10,800 Sold today, Wow, what a bunch of professional traders, can’t you see, someone people are buying because UNQT has far more assets than its current market cap. If you can’t hold why buy? Company has too many things going for it and will soon comes up with news. Be patient!
Shengdatech Inc. Hidden Assets in China
Shengdatech Inc. Chinese name “Shandong Shanda Technology Group Co., Ltd.” or “Grand technology group”
On July 2011 ??? Chen Xiangzhi family, 42.26% owner of the “Grand technology group” was listed the 55th Richest Family in China with net worth of 4.563 Billion Yuan or nearly $720 Million USD. His name is listed under “Overseas Richest” because of his 42.26% stake of the US public company “Shengdatech Inc.” meaning 42.26% of Shengdatech inc. in China was appraised for 4.563 Billion Yuan on July 2011 by eastmoney.com, one of the biggest finance portals in China. http://www.publicitas.com/fileadmin/uploads/hongkong/Factsheets/2012/Online/CN_factsheet_Eastmoney.com_PHK.pdf
http://www.google.com/#hl=en&sugexp=les%3B&gs_nf=1&gs_mss=eastmoney.com&pq=eastmoney.com.cn&cp=12&gs_id=9&xhr=t&q=eastmoney.com&pf=p&sclient=psy-ab&oq=eastmoney.co&gs_l=&pbx=1&bav=on.2,or.r_gc.r_pw.r_qf.&fp=ab1a020529bad5f7&biw=993&bih=549&bs=1
The report
http://translate.googleusercontent.com/translate_c?act=url&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&twu=1&u=http://topic.eastmoney.com/caif2011/&usg=ALkJrhjk_W0ZEmRNX13SVAYalpTKJlVESw
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55 | Chen Xiangzhi family of 4.563 billion Yuan . . .
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://www.jiazuqiye.net/thread-7754-1-1.html&usg=ALkJrhijS8GW8t2USFYAH32RbEV6mS5JbA
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55 | Chen Xiangzhi family 4.563 billion Yuan / grand Technology
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://app.hexun.com/360/news.jsp%3Fid%3D131720042&usg=ALkJrhgl5UMDvWVGATUBNd3tKaY9ra-PPQ
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55 | Chen Xiangzhi family 4.563 billion yuan / grand Technology
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://www.ccstock.cn/finance/hangyedongtai/2011-07-25/A518669.html&usg=ALkJrhi__t_N8GGkWsoKzmCt632BW6lRsA
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Chen Xiangzhi 2011 Third affecting Shandong Person of the Year (See Ranking 14)
http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=http://tp.dzwww.com/zhuanti/yxsdrw/second.jsp%3Fgroup%3D1&usg=ALkJrhj-PmcRrH3iiynbeSP1NghOllyTIg
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This is the “Grand Technology Co., Ltd. in Shandong” Official Website in China
http://685630.01p.com/ in Chinese
Google Translate
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2F685630.01p.com%2F&act=url
This web address is a code number “685630.01p” to conceal information for the same reason they shut down the company’s original website www.shengdatech.com right after filing for chapter 11. Company has many more websites all in Chinese under “Shandong Shanda Technology Group Co., Ltd”, “Shanda Technology Group”,” Shengda group” “Grand Technology” and the subsidiaries all associated with Mr. Chen Xiangzhi.
Employee: More than 2,000 in 2011
Annual Sales: 1.1 billion Yuan in 2011
Group consists of
? Shandong Grand nanomaterials,
? nano-materials of Shaanxi Heyzer,
? Shandong Haihua engine chemical machinery,
? Grand Equipment Installation Co., Ltd., including four subsidiaries
? Marin-engine Heavy Machinery,
? Ningdong dimethyl ether,
? Zibo Jiazenami materials including three Construction Companies,
o Hunan Schroder fertilizer plants,
o Jinan Chemical Fertilizer Plant takeover offer,
Bringing the Group's business scope covers
? nanomaterials,
? chemical machinery,
? pressure vessels,
? industrial equipment, installation,
? agricultural fertilizers
? and other major areas.
Shaanxi Heyzer, nano-materials Co., Ltd. in May 2005 in Xianyang, Shaanxi and invest in the construction of 1 million tons / year of the overall project planning, a project total investment of 900 million Yuan, covers an area of 500 acres, the annual output of 100,000 tons in 2006 officially put into operation in October, the annual turnover of 400 million Yuan; the entire project total investment of 5 billion Yuan, the total output will reach 100 million tons, will become China and even Asia's largest manufacturer of nano calcium carbonate.
Shandong Heyzer, nano-materials Co., Ltd. is a provincial high-tech enterprises in December 2005, jointly developed with Tsinghua University membrane dispersion Preparation of nanometer calcium carbonate and technological achievements and successfully passed the state appraisal, products are successfully applied to the tire, rubber, plastics, etc. industry, in the rubber field have come out on top in the country, the development of rubber nano calcium carbonate products for Tire glue, flex resistance increased by 150% anti-aging properties of the inner tube manipulation products increased by 5% ~ 7%, and greatly improve the air tightness performance. Can replace some of the high-grade raw materials such as expensive silica in tire formulations, significantly reducing the cost of production.
Shandong Shanda Chemical Construction Co., Ltd. for two construction quality general contracting enterprise, petrochemical, petrochemical, metallurgy, and dozens of major projects across the country contract, completion of the 30 places of the national key projects, works 100% pass rate, fine rate of more than 85%.
Shandong Haihua engine Chemical Machinery Co., Ltd., formerly known as Shandong Taian Chemical Machinery Plant, founded in 1970, and 2003 through the IS09001 2000 quality system certification. National class, second class, three types of pressure vessel design and manufacturing license. The first pressure vessel design, Shandong Province, one of the manufacturing license, and general overhead cranes and common gantry crane Class B manufacturing qualification.
Sea-engine Heavy Industry Machinery Co., Ltd. is located in Huludao, Liaoning, is a high-tech machinery and equipment manufacturing enterprises, registered capital of 1 billion Yuan, total investment of 2.8 billion Yuan, covers an area of 1602.5 acres. The Company started construction in July 2008, the planned duration of four years, the main products of nuclear power equipment, petrochemical equipment, coal-chemical equipment, non-ferrous metal devices. Full production will be the same industry in Asia Heavy Mechanical Design, R & D, production and manufacturing export base.
The Zibo Jiazenami Materials Co., Ltd. is located in Zibo High-tech Industrial Development Zone, the factory covers an area of 350 mu, with registered capital of $56,000,000, a total investment of $99,731,300. Mainly for the production of rubber, tires, plastics, coatings, polyethylene and other special nanometer active calcium carbonate, and plans to put into operation in July 2009, when the grand third nanometer calcium carbonate production enterprises.
Investment by Zhongwang Zibo Jiazenami Materials Co., Ltd. established a registered capital of approximately $56 million with a total investment of $99,731,300. New materials and advanced manufacturing base is located in Zibo High-tech Industrial Development Zone, the specific location: west of Industrial Road, Chun Chinese auto parts factory north of the railway east of Zibo East, south of Jinan-Qingdao Expressway roads. The factory covers an area of 350 acres, the nature of land for industrial use.
The main building of production workshops, warehouses, spare parts warehouse, production, science and technology building, shift quarters, canteen, maintenance shop, duty room, etc., for a total construction area of 103,872 square meters. New dedicated production equipment and other auxiliary equipment 1773 (sets).
Decentralized micro-mixing production technology by Grand Technology Co., Ltd. and Tsinghua University developed a membrane-based, to reach an annual output of 120,000 tons through the development of new technology to enlarge the production scale, the level of production technology reached the international initiative, the leading domestic level , so that technical optimization, reasonable, and low energy consumption.
Company's annual production of 10,000 tons of rubber nanometer active calcium carbonate, 26,000 tons of tires dedicated nanometer active calcium carbonate, 20,000 tons of plastic dedicated nanometer active calcium carbonate, 16,000 tons of special coating nanometer active calcium carbonate, polyethylene-specific nano calcium carbonate activity 6,000 tons of polypropylene dedicated nanometer active calcium carbonate, 36,000 tons of paper dedicated nano calcium carbonate activity. A 60,000 t / year, plans to put into operation in July 2009, all put into the sales income in normal years is 458 million Yuan.
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This is another website providing similar information
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.sdbys.cn%2Flogo-sy%2F3-sdsd.htm&act=url
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“Shandong Shanda Technology Group” or “Grand Technology Co., Ltd. in Shandong” job offerings including salaries posted here daily.
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fopendata.baidu.com%2Fzhaopin%2Fs%3Frn%3D20%26wd%3D%25C9%25BD%25B6%25AB%25CA%25A2%25B4%25F3%25BF%25C6%25BC%25BC%25BC%25AF%25CD%25C5&act=url
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On August 11, 2011, nearly 8 days before filing of the chapter11, Mr. Chen Xiangzhi and Shandong government officials are discussing acceleration of the “source of all the nano calcium projects”, Asia’s largest NPCC production.
http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://zsj.ahhs.gov.cn/include/content.php%3Fid%3D342&prev=/search%3Fq%3D%2522%25E5%25B1%25B1%25E4%25B8%259C%25E7%259B%259B%25E5%25A4%25A7%25E7%25A7%2591%25E6%258A%2580%25E9%259B%2586%25E5%259B%25A2%2522%26hl%3Den%26sa%3DX%26biw%3D1078%26bih%3D503%26tbs%3Dcdr:1,cd_min:8/1/2011,cd_max:8/6/2012%26prmd%3Dimvns&sa=X&ei=TR0gUPu0EqKPiALX74HAAg&ved=0CHAQ7gEwAQ
________
On 2011-09-30 Mr. Chen Xiangzhi had a meeting with Sun Jun officials to expedite the approval procedures and to further promote the project.
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.ahhs.gov.cn%2Finclude%2Fweb_content.php%3Fid%3D5102&act=url
________
This explains the missing of the $150million that was taken from Shengdtech account to accelerate Asia’s largest NPCC production project.
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Development of a 349407-91-6 new generation of automotive primer and automobile paint, another major source of revenue
http://www.ourchemical.com/catalogs_34/349407-91-6/
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Here is the company webpage in Chinese with latest NPCC Prices in different grades.
http://shengdatech.cn.gongchang.com/
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Zhaopin.com, among other things, also lists the machinery that are put in place from 2008 and now it is completed after 4 years in 2012 for the 2.8billion Yuan “Pressure Vessel project” for Nuclear Power Plants.
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fcompany.zhaopin.com%2FP2%2FCC3209%2F4381%2FCC320943815.htm&act=url
__________
Chong Ming and his entourage visited Shanda Shanghai nanotechnology R & D center
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.china-zibo.com%2Fnews%2Fonews.asp%3Fid%3D3821&act=url
____________
Shandong Shanda Technology Group Chairman Chen Xiangzhi and other senior leaders have conducted fruitful talks, the two sides to accelerate the project of Anhui source congregation Nano Technology Co., Ltd., to ensure that a 40,000 t project in the first quarter, 2011 production reached a consensus.
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.ahhs.gov.cn%2Finclude%2Fweb_content.php%3Fid%3D4333&act=url
________
Mr. Chen Xiangzhi apparently was not satisfied with 42.26% of the business empire he was building and since he was running the show, he decided to take them all at the cheapest possible price through filing of the chapter 11 bankruptcy while his manufacturing plants maintain daily business without interruption. He shut down shengdatech’s US website www.shengdatech.com, to conceal company’s activities from the US investors and discourage shareholders to sell shares with great loss and now the liquidation scam under “Reorganization Plan” to get rid of the creditors and shareholders’ all at once because after accumulation of enormous wealth with “AAA” honorary credit from major Chinese banks Mr. Chen Xiangzhi would no longer needs American’s money to expand his business empire.
http://tp.dzwww.com/zhuanti/yxsdrw/info.jsp?id=86240 In Chinese
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Ftp.dzwww.com%2Fzhuanti%2Fyxsdrw%2Finfo.jsp%3Fid%3D86240&act=url Google Translate
______
Here is an example of the serious consequences of white collar criminals when taking shortcut to wealth in China.
http://www.youtube.com/watch?v=YZI_5gMNnEU
Mr. Chen Xiangzhi must be aware of the fact that we, the shareholders, at this point have not much to lose and with all the evidence in hand, can report him to Chinese authorities now aim to eradicate white collar crimes in China to attract capital investment, the life blood of China’s economy. There are thousands of angry shareholders against one greedy man and we sure know where to report him if he refuses to do the right thing while he still can! Bob Olson and Michael Kang must also be aware the serious consequences of misleading the company’s creditors, shareholders, the court and the SEC when hiding the company’s assets and proposing liquidation in the name of reorganization!
We are a group of investors and long time shareholders of shengdatech inc. in search of company’s assets and future plans in China and around the world to protect our investments.
A copy of this has be sent to the following e-mails
malba@rgrdlaw.com, ccarlyon@sheacarlyon.com, rmsmith@sheacarlyon.com, nrodriguez@sheacarlyon.com, kmallet@sheacarlyon.com, frances.kao@skadden.com, rkinas@swlaw.com, jmath@swlaw.com, mfull@swlaw.com, nbaig@swlaw.com, bgriffith@swlaw.com, nunzueta@swlaw.com, docket_las@swlaw.com, ilevee@lowenstein.com, john.lyons@skadden.com, chdocket@skadden.com, brawilso@skadden.com, comara@lionelsawyer.com, jsparks@lionelsawyer.com, lvecffilings@gtlaw.com, olsonb@gtlaw.com, heilichj@gtlaw.com, lvlitdock@gtlaw.com, comara@lionelsawyer.com, jsparks@lionelsawyer.com, srudman@rgrdlaw.com, jsherwood@lowenstein.com, ilevee@lowenstein.com, cobrien@lionelsawyer.com, bklscr@lionelsawyer.com, craig.johnson@gardencitygroup.com, rvhteam@gcginc.com, Pacerteam@gardencitygroup.com, etlteam@gcginc.com, amy@amytirrelaw.com, admin@amytirrelaw.com, USTPRegion17.RE.ECF@usdoj.gov bill.cossitt@usdoj.gov, jsmith@lionelsawyer.com,
Koma is in product development for a long time and now starts marketing. NPL already passed the R&D with numerous highly in demand line of natural products, in addition, has in-house high capacity manufacturing facilities to go to production as soon a major deal is in place. UNQT just took over the company a few months ago, give them time and you will see the results.
BBDA from 0.0003 to 0.014 with only one product on the shelves
UNQT from 0.0001 to $0.10 or more with an array of natural products now ready to go on shelves!
It’s only a matter of time before the beverage giants come up with Similar or perhaps better beverage for relaxation. Is there any patent to protect the ingredients?
Buying shares of a company makes you a part owner of that company and if you want your company to make you money you must support its efforts. Do your DD, either don’t buy or when buy keep the shares to reach your target price and definitely don’t put stop-loss @1 because the MM can see and buy at your expence.
Logical explanation for the dump
The dump was definitely by the company to raise cash for a deal, promotion, etc., instead of more dilution which would have the same effect but without the money going to the company.
UNQT has much more tangible assets than its current market cap, meaning, the book value should be around 0.0007 or 0.0008 but since they need cash they have no other choice but selling stocks. I think this is the best time to accumulate!
$2-3 million in market cap but $7-8 million assets plus an array of products that can generate millions when entered the market! UNQT fair share value now is $0.001
Trading way below book value
Assuming the outstand share to be about 10billion, give or take a few, @ 0.0002 a share, company value would be about $2million.
The Spa value should be about $5million, the Laboratory about $1.5-2 million, the Truck business about $500k to $1million and many developed products that are ready to enter the market for the total value of about $7-8million
Higher share prices are in the best interest of the company and the best way to increase share prices is indeed the good old fashion way of “Short Squeeze”
Here is how it works.
Company provides shares to MM for shorts as stop releasing news for a while.
Lack of news and too many shares available to short encourages the bears to short even @2 with hope to cover @1 as they did today.
Just like the last rally that took us from 2 to 6 in 2 days of short covering, now with much higher shares shorted, a good news can bring us close to 8 and keeps us there as we attract new buyers. So enter number of shares you wish to buy @2 and wait for the news which I expect to be out any time just like the accusation of the SPA but this time I think it would have something to do with our natural products on the shelves.
Calm before Storm.
The recent market rally is mainly due to huge short covering mostly by brokerage firms that are allowed to cover short position without the stockholders consent to prevent further loss. This is exactly what I expect to happen here when good news announced. I think the long wait has something to with a major deal and you should be prepared how to act. Considering short positions are nearly equal to the float, I suggest don’t sell anything below 6 to trigger the stop losses to kick in for cover @6 and above and take us to (00) and take profit when new buyers come to take a piece of the action.
Here is why I invest in UNQT
UNQT is the only growth company that I know of with more assets than liabilities.
The consumer’s market trend moves toward consumption of natural products and UNQT has too many to choose from plus R&D and manufacturing capabilities.
The truck business is a good particularly in high unemployment environment because it allows laid-off truck drivers to become owners and compete with large trucking companies.
The Spa business provides quality service to people with money to spend. It’s not only generates cash daily but also the property value increases as the business grows.
As I mentioned before, UNQT is a stock to hold for a long time Warren Buffett style if you want to get rich!
Dilution of shares in exchange for assets is perfectly OK in my book; as a matter of fact a company’s exchange of tangible assets with UNQT’s shares is because the company sees more appreciation of the shares in long run.
I’m taking 11,111,111 @3. I don’t think this would last because too many things can happen and news will be out soon!
You’re absolutely right, so would you please fill my 50m @2
Congratulation shorts. now let’s see how you plan to cover @2. I only need about 50m. I know you can do it. Please don’t disappoint me, Thanks!
Calm before storm!
Just imagine what happen when 530+M shorts and millions of new buys attack the ask all-at-once when some good news is out considering over 60% of the float is shorted and many of us don’t plan to sell anytime soon.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77752023
If we can get one or more of the giant retailers to carry our products, we should be trading @ $0.01 or higher by the end of the year and as the trend continues, by the end of 2013, we may reach $0.05 or so because investors always looking few years into the future when investing in growth companies.
Here is why some folks still shorting UNQT @3
http://www.timothysykes.com/
Tim followers learn how to short some penny stocks with little or no chance to survive but shorting a company with too much growing potential, assets, production line, diversified business and competent management team is a BIG MISTAKE! What these people hope to achieve? Cover @2? Well, good luck!
http://otcshortreport.com/UNQT
From July 22 about 530M shares of 900+M total float where shorted, not to mention shares shorted before then, just one good news we all expect to hear soon can drive the stocks up to 00 level as shorts rush to cover. Is the unlikely potential gain of 1 shorts wish to get worth likelihood loosing of 4, 5 or 6? Do you have any idea where the shares going to be when some magic words like Wal-Mart, Costco or other giant retailers mentioned on upcoming news? Well, please keep shorting because you do HAVE TO BUY later at the price we wish to sell and we love you for that.
Here is how to get to 00 fast
Nearly 250m shares are shorted and at the rate of 50m covering per day, it would take about 5 days to cover and if we dry up the inventory, meaning don’t sell @ 4, 5 and 6, margin calls will force them to cover @7 or higher and a good news thereafter would take us close to 00.
If you’re shorting @ 4, we thank you for your contribution but if you’re selling, hold on because you can sell at much higher prices.
As I mentioned before, this is a growing company now at its infancy and I am holding for at least 2 years but I like to see it traded at higher prices so we can attract new buyers.
http://otcshortreport.com/UNQT
Retailers always in search of quality products at reasonable prices, so if UNQT lines of products are as good as they say and manufactured in-house at lowest possible cost, marketing them should not be a problem, just time consuming.
This is why I strongly believe the stock is a long term hold, perhaps for a few years and now is the best time to take position before large purchase orders start to arrive. I’m holding nearly 100m shares and have no intention of selling at least for the next two years.
Downward Risk to Upward Reward
Some, if not all of the UNQT’s natural products will eventually go on shelves and I’m very much certain they’re now working on it. Dealing with buyers of big retailers requires sample testing, test marketing, promotion and so on but after the first PO it is the supplier that must show capability to deliver large orders. In that respect UNQT with high production capability is on the right spot and that that’s what buyers like.
Your downward risk on this stock is 0.0001 but upward reward is unlimited!
UNQT is a long term HOLD! Do the math, downward RISK is only 0.0002 but the upward REWARD is Unlimited, if you can’t afford the risk just sell and invest somewhere else.
I love the way shorts are shorting and love it even more when they cover @ big loss when news is out. Remember, they can’t cover unless you sell them your shares so let them buy your shares at much higher prices.
Stocks inventory should be dried up for the shorts to cover; Just sit back and relax let the shorts take us to penny land as they run to cover, then we can attract new buyers and sell them with nice profit. It would be good for the company too because as the share prices increase they gain more credit and can expand faster.
Shorts often bark at wrong tree and pay hefty price for it. Without shorts stock market wouldn’t be where it is today, that’s why they’re allowed and we all have to express gratitude for their contribution.
UNQT average news cycle is about 7 days
http://finance.yahoo.com/q?s=unqt
I think we should expect one either by tomorrow or Monday
One good news on marketing will send this baby to penny land!
Picked up another 15m @4, Thanks guys!
UNQT’s highly appealing line of products must go on the shelves to generate meaningful revenue, after R&D and manufacturing comes the marketing, that’s how the system works, the rest is irrelevant!
I said “cash generating assets” that means acquiring companies that can generate more cash under new management.
UNQT converts shares to cash generating assets through acquisitions so it shouldn’t matter whether we have 7 billion or 70 billion outstanding shares as long as the shares are exchanged with income generating assets and since assets values under new management can grow, stock prices should be based on the company’s growth potentials not the number of outstanding shares.
Green Home Products website
A wholly-owned subsidiary of Union Equity, Inc. (OTC: UNQT), Natural Product ... that their products are sold by the likes of The Home Depot, Costco, Walmart, ...
https://www.google.com/#q=UNQT+costco&hl=en&tbo=1&output=search&source=lnt&tbs=qdr:w&sa=X&ei=w0fyT-6cKqSi2gXhh4GZAg&ved=0CAYQpwUoAw&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=d4ccea5d16e64316&biw=1120&bih=599
There must a reason for mentioning it on the Green Home Products website, maybe it’s a surprise announcement!
Check it out on Google Earth
80 Carolina Vista Drive
Village of Pinehurst, NC 28374
It’s big and all four parking lots are full
Top US retailers than can carry UNQT’s line of product
Most of them are listed here
http://www.stores.org/2011/Top-100-Retailers
A deal with Wal-Mart can send the stocks to the stratosphere just imagine if there are more!