Generic, but at least they answered me...

UnionTown Energy Incorporated continues to move forward on a number of fronts both operationally and corporately.

The new listing in Europe is still being finalized and we are waiting on some more information from a regulatory perspective before making any announcements about the structure of the market or shares. We are not able to provide any additional information on that front, except to say that is a progress in the works.

We understand your frustration with the delay, and please understand that we are working as quickly as possible to complete everything. We also would like you to know that we are working on additional financings to address the resumption of drilling on our Teton River project and exploration on our other properties.

In order to carry out these kinds of financings, we must make sure that all of the details of the corporate reorganization are perfect, hence the additional time required.

On an operational front, we recently announced that a private investor had provided some funding for additional work on the first well at New Miami (#42-20H) as well as permitting and rig procurement for the next two wells at New Miami. Our team in the field is working on this now.

We encountered higher than expected levels of water from our first well, #42-20H, and significant changes have been ongoing which have required the aforementioned funding. Well #42-20H now has a Halliburton “Super Pump” (patented pump GP4-17S0) on it, which specifically addresses the issues that caused some problems during completion as we are now able to handle high volumes of liquids and gas. We will now be pumping exclusively from the oily 800+ feet near the end of the well, thus eliminating the other zones that prevented pumping the fluid level down.

To date we have not produced much oil due to the reworking of the well, but expect to have positive results once the corporate reorganization is complete.

Your management team is working diligently, and is resolved to bringing success to this venture.

Regards,


Office of Corporate Relations
UnionTown Energy Inc.
http://www.uniontownenergy.com
Phone: 702.530.3241

I'm in the same boat, keeping my 11.5million, it can't go down really...

Bottom line, it's been a month. If you think you could do better you should start your own company. Go out there and GUARANTEE 1000% profits in just a few short weeks. Don't wait til things are finalized, just throw every idea you have out there.

If you hate this stock so much, go away. Please.

Yeah you mentioned that already...

Yeah some a-hole definitely messed
It up (congrats) but things sounded good. Shares retired, no r/s...we definitely won't be getting another open Mic CC again...jerks feel the need to blast off and make stuff up. Did anyone else think that guy sounded like he was on his last breath?

Someone would have to be crazy to sell 2s going into a conference call where they have "major announcements" including retiring shares. I just wish I had more money free to invest in some more 3s!
$$GOHG

I'm just going off of what the PR says AND Richard Davis' response to me when I asked him. he said "4ET"

I think Holsh is outta luck, but we'll make sure to take good notes.

It's 430 eastern time

http://www.facebook.com/profile.php?id=506672855

Richard Davis FB Post

"To the 5,000 shareholders I represent, today is our Super Bowl. Time to show wall street who is boss! Rich keys is on radar..."

Person: Y'mean the CC?
Richard Davis: Got some major announcements

That was 250,000 shares for a whopping total of $50.

And before you said we would never see .0003 again, and you said there wouldn't be a CC, and you said R/S.....WE HEARD YOU BEFORE.

OK so there was nothing official. As we've seen with Adik1, people on this site can be liars and just make stuff up. I'm going under the assumption that is not goign to happen. If it does, I'll then be extra happy.

Where was this talk of retiring 5 billion shares? I didn't set anything about that. I feel like if we go in expecting something that crazy we could be in for a letdown. I mean...I HOPE that's the case but for now nothing is definite.

All information necessary is in sticky #9082.

Am I missing something?

Information about the CC? At 4:30pm tomorrow we can call in and hear what they have to say/ask questions OR you can just wait I suppose and they will release some sort of PR about the details of the CC at a later date...

Since just stickied this is a bit redundant, but...

I just got a FB response message from Richard confirming that the conference call is indeed ON for tomorrow at 4:30PM Eastern time.

Well Holsh only 143million 3s left and we'll get to the 4s, it could happen today...

Do you have something against the word "until"?

From Richard Davis' FB page:

Person: Great job to answer all phone calls and FB questions...Thx
Richard Davis: No problem, trying to keep transparency with shareholders
Person: Never seen this before....trading since 1995, very nice.
Richard Davis: Thanks for being a shareholder

Seems like a class act to me.

But the all knowing aDIK1 said there would be no CC...

~80M

Wait...

There's a conference call on Wednesday?

I'm still seeing 30 million of 2s left.

Nice! Good stuff, 36 million left in the 2s now.

58mil left on the 2s

Glad I picked up another 5million at 2s, that's for sure.

70mil on the 2's

Another 5million at .0002? Yes please.

Oh oh oh oh oh, I'm sorry, I get it now, I was reading it incorrectly. I thought they were going to retire OUR shares and give us more per share, I was thinking that's the exxxxact thing as a RS. Thanks!

I guess I'm not getting it, but why would them retiring stocks benefit shareholders? It seems like a nice way of saying reverse split. Am I missing something?

IMO you're the worst. IMHO

Where is the information on the conference call? I just see March 7, but no time, number or anything else.