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Just a thought, but a nice purchase by George at this point will go a long way to ease nervous nellies......and instill confidence going forward....
I just got the same press release sent to my e-mail address. very reassuring.......
The costs associated with being a fully reporting company traded on the OTCBB far outweighs the advantages. It is approximately $100,000 a year. In 2009 the final Sarbanes-Oxley rules come into effect and it is almost impossible for a company to comply with all of the restrictions they impose on companies and more dramatically affect small companies like UDHI.
Union dental will always report its financial condition to shareholders on a timely basis.
I DON'T KNOW WHAT THIS MEANS EXACTLY, BUT UDHI FILED TODAY.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION
UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File No.: 000-26703
UNION DENTAL HOLDINGS, INC.
---------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
1700 University Drive, Suite 200
Coral Springs, Florida 33071
Telephone: (954) 575-2252
---------------------------------------------------------------------
(Address of Principal Executive Offices)
Common Sock
---------------------------------------------------------------------
(Title of each class of securities covered by this Form)
None
---------------------------------------------------------------------
(Titles of all other classes of
securities for which a duty to file reports
under section 13(a) or 15(d) Remains)
Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1) [_]
Rule 12g-4(a)(2) [_]
Rule 12h-3(b)(1)(i) [X]
Rule 12h-3(b)(1)(ii) [X]
Rule 15d-6 [_]
Approximate number of holders of record as of the certification or notice
date:290
Pursuant to the requirements of the Securities Exchange Act of 1934, Union
Dental Holdings, Inc. has caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person:
Date: February 11, 2009 By: /s/George D. Green
----------------------
George D. Green, CEO
V
Maybe we get an PR, explaining this voluntary action by the company. Probably to save money & time filing paper work.....
Do we now go PINK?
WHAT'S UP WITH THE PAPER WORK DOC?
AND WHAT DOES THIS MEAN TO THE SHAREHOLDERS?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION
UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File No.: 000-26703
UNION DENTAL HOLDINGS, INC.
---------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
1700 University Drive, Suite 200
Coral Springs, Florida 33071
Telephone: (954) 575-2252
---------------------------------------------------------------------
(Address of Principal Executive Offices)
Common Sock
---------------------------------------------------------------------
(Title of each class of securities covered by this Form)
None
---------------------------------------------------------------------
(Titles of all other classes of
securities for which a duty to file reports
under section 13(a) or 15(d) Remains)
Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1) [_]
Rule 12g-4(a)(2) [_]
Rule 12h-3(b)(1)(i) [X]
Rule 12h-3(b)(1)(ii) [X]
Rule 15d-6 [_]
Approximate number of holders of record as of the certification or notice
date:290
Pursuant to the requirements of the Securities Exchange Act of 1934, Union
Dental Holdings, Inc. has caused this certification/notice to be signed on its
behalf by the undersigned duly authorized person:
Date: February 11, 2009 By: /s/George D. Green
----------------------
George D. Green, CEO
V
Welcome to IHUB. I see this is your very first post. How did you discover this gem, and what DD led to you to such an high opinion of Roger? Things that make you go Ummmmm.
Al, during my experience with UDHI, I have learned quite a bit from you. When you speak of dilution. Do you speak to the
S-8's?. If so aren't they somewhat necessary in growing a business?
I found this post from 2007, on another board.......
I think it still has revelance, especially at these depressed prices...
From: chassmo99
Mar 28 2007
Msg: #of 54
look at udhi's dental lab as you would look at wal-mart openning their first store in one state. A lab that will put all the mom & pop labs thoughout the country on alert. 10 to 15 million in increased revenue is viable. Dr. Green, from april to nov. of 2006 purchased over 2.5 million shares on the open market at prices ranging from 6.2 to 9.5 cents becaused he believed his company was undervalued. I believe him. The lab will have a captured customer base, and will eventually supply services in all states, to all dentist. At 30 cents a share the stock is cheap, let alone 3 cents. The 55,000 flight attendant's union doesn't mean 55,000 people will need dental services, one member, with spouse and 2 kids will. 220,000 people involved, 2 visits for cleaning, one for fillings. That translates to 660,000 dental visits a year. This stock is so incredably under valued I can see why Dr. Green has increased his holdings from April 2006 from 16 million shares to over 24 million. My recommendation is to continue adding to your position. I am. And the lower it goes the more you should buy.
UP 3 DAYS IN A ROW, Positive week. started at 0.0029, finished at 0.0032 for a 10% gain for the week. Not a lot, but slow upward progress beats a loss everytime.
UP 2 DAYS IN A ROW, with increasing volume.......Nice!
It's alive. Shares actually traded 1,000,000 +
Thanks for your honesty.
Not entirely new around the boards, but what would force the shorts to cover. What would be the spark, that would cause this stock to rise significantly?
Is there other than a trading and flipping range, a reason to purchase this stock?
If you send me on a DD hunt, I will, but I see you posting with an apparent handle on what's going on- so I thought I would try a shortcut and ask.
I'm sure that I will earn a lot of money with it...
I hope so Vinc. Great stock. great story, but lack of consistent volume, always makes it easy for it to reverse progress.
Up to day----Great,,,,,,,
January 29th, 2008 we got an positive PR.....hoping for same tomorrow.........
FROM lAST YEAR......
Union Dental Anticipates Year End 2007 Revenues to Increase 13%
Short Interest
Date Short Interest Jan 27, 2009 --- 74,003 Shares, not a lot but up from -0-.
Yes I was looking at the right symbol. go to Pinksheets.com. type in UDHI, THEN CLICK ON THE SHORT INTEREST TAB, AND SCROLL DOWN.
Just checked PINKSHEETS.COM, and it looks like short interest is going back up. Lot's of buying, but the price keeps dropping.
Would be nice to wake up to a + PR, tomorrow morning.
Cal-Bay receives "Tarp Money"
Wake up--wake-up! What a dream...(smile)
PC. Just the question I wanted to ask. I can't wait for the answer. Or was he released with an contingency clause?
OVERALL, pretty good week. Although we finished lower than when we started the week, volume was good. Daily average went up, and we ended the week with a 2 day in a row gain.......
Looking for more of the same, and maybe an PR, about 4th quarter earnings......
Sounds like a plan. But unless you are management how do you know this?
WITH ALL THIS GOING FOR IT.......IT STILL TRADES LIKE A BANKRUPT STOCK......ALTHOUGH FAR FROM IT...
We Think That UDHI is Worth Another Look
Posted Tuesday, January 13th, 2009 in Blog, Newsletter, Stocks To Watch by Editor
Tags: Dentist, UDHI, UDHI.ob, Union Dental Holdings Inc.
In a move that we feel should help drastically bolster the company’s future financial position, Union Dental Holdings Inc (OTCBB: UDHI) recently made the leap from middleman to total service provider (TSP) by establishing its first full service dental facility in Coral Springs, FL.
While many of the top dogs in industries once thought impervious to economic downturn such as gaming and pharmaceuticals faltered in 2008, UDHI solidified its position as a leader in a recession-resistant market and became one of the top small-cap turnaround stories of the year. After recording a loss of nearly $810K during the first 9 months of 2007, UDHI had generated net income of more than $24K by the end of Q3 2008 on almost identical revenues of $1.9M.
The company’s CEO now owns 38.4M of the 115M shares outstanding and the stock is trading at more than a 95% discount to its 52-week high of $.05.
Due to the potential of today’s announcement, UDHI’s recent significant financial improvements, and its CEO’s willingness to shell out his own hard earned green backs to scoop up shares on the open market, we feel strongly compelled to re-evaluate the company and its future growth potential. We think you should too.
Value Proposition
For those of you that are unfamiliar with Union Dental, they do just what its name implies. It provides dental services to the more than 15 million U.S. labor union workers.
Dental Coverage and Union Dues in One Shot:
The annual out-of-pocket savings for an individual union member using the Union Dental network are typically greater than membership dues. So, in theory, a union worker could use UDHI’s program and save enough money using their dental benefits to pay their annual union dues.
With the paycheck of the average American now spread thinner than ever, UDHI’s ability to pass on a major discount to labor union workers in many instances is a major competitive advantage.
Labor Union Dentistry is Recession-Resistant:
As the U.S. population expands and ages, demand for non-discretionary dental services amongst labor union workers is growing despite a struggling economy and should remain steady so long as benefits continue to be made available.
Surely, the ongoing rise in unemployment is negatively impacting labor union enrollment and to some extent shrinking Union Dental’s target market. However, the company does have a growing pool of more than 15 million workers to target with its services and should not have to worry about running out of potential clients for quite some time, if ever.
To give you an idea of just how large UDHI’s market opportunity is and how little penetration the company would need to achieve to become grossly successful, 25% adoption among CWA union members alone (assuming each member had 3 dependents) would generate demand exceeding $1 billion in dental services annually.
UDHI Services a No-Brainer for Labor Union Workers
From what we’ve read, roughly 1/3 of Americans are without dental insurance, about ½ of all dental procedures are paid for out-of-pocket, and the average union worker has three (3) dependents.
Due to these facts, dental coverage has long been a key bargaining chip for labor unions as they look to attract new workers. In a testament to the popularity of dental benefits amongst U.S. labor union workers, U.S. Department of Labor’s Bureau of Labor statistics reveal that 92% of labor union workers opt for dental coverage if offered.
A Major Step in the Right Direction
The new Coral Springs facility represents the progression of UnionDental’s business plan into a new stage of growth.
Initially, the company generated revenue by establishing relationships with U.S. labor unions whereby UDHI becomes the exclusive provider of dental services in pre-determined geographic areas.
Once rights are obtained, Union Dental then “rents” out the areas of exclusivity to local dental providers and charges them an annual fee to access labor union clients in the specific region. To date, UDHI has expanded its dental network to include nearly 2,000 providers and a customer bases possessing more than $200,000,000 in annual spending power.
Phase 2 Initiated
Now, in addition to building out its network further, Union Dental has started establishing its own full service dental facilities in regions with heavy concentrations of labor union workers, beginning with its home turf of Coral Springs, FL.
This new facility will provide all aspects of dentistry under one roof including Orthodontics, Endodontics, Periodontics, Implants, Pedodontics, Cosmetic Dentistry and Oral Surgery.
Coral Springs Could Become One of Many
It’s important to note that UDHI has come close to establishing full service facilities in Southern California and Charlotte, North Carolina over the past year and could in fact pursue additional opportunities if its first full service facility is as lucrative as they think it will be.
A New Day for UDHI
It appears that UDHI’s best days have yet to come.
With the share price beaten down severely, business trends improving a CEO who continues to scoop up his own company’s shares on the open market, a little of the guess work is taken out of the equation.
Surely, there’s a great deal of risk involved with this stock as there is with any sub-penny venture. However, with net income improving and a major tangible asset now on the books, the risk today is likely less than it was yesterday.
It is hard not to like UDHI’s business plan, and it appears that the plan is now coming to fruition. As we always say, one key characteristic that we always look for in successful small-cap ventures is management’s ability to identify objectives and fulfill them. UDHI has done just that.
Moving up 2 days in a row will be a good start.
(A)----- 8/29/2008 Cal-Bay International Announces Cancellation of Reverse Stock Split. Huge volume day.
(B)------?
What is to be concluded from the date? Coincidence? Future Strategy?
could merely be a chart reader, who sees improvement and a few indicators close to or turning positive?
Your request has been answered. up 13.33% at 0034, Now would be a good time for Dr. Green to pick up a few million cheapies.... to create and sustain MOMO.
Compared to recent volume trends, there does seem to be a slight increase in trading. Once Million share days were a rarity, now they are more common.
Patience is definitely neeeded with this stock....
Your thoughts of .05, is yours to own. My dream of .01 is in itself a fanciful notion or ludicrous concept of my small thinking mind.
All will be revealed in the fullnes of time.......
GO CAL BAY,
AS JJ Jimmy Walker, used to say "I knooooooooowwwwww!
EASY .01 with that 14M, IN THE BANK. "DARE TO DREAM"
Back to normal. Surge & no follow thru. In my opinion, in order to keep this going. they have to land another Union, increased membership, or a succession positive PR'S is the only way to keep this going & keep it on the radar for more than a day.
Like I said before "this stock get's no respect". total "Scam Junk empty shells", are selling for more....
Just a little New Year's frustration, off my chest..
GLTA!!!!!!
.
All was fine and hyped, until the CEO was revealed on Pink Sheets......that's when the buying came to a screeching halt!
IMO
I thought I would help the cause and picked up another 100,000.
Mike, I glad to see the pps moving as well as you. Nearly a double from those 0.0023's you bought. New eyes, new stakeholders, new posters, all nice. but until it proves it self, it's a one day wonder. Hopefully tomorrow we can sustain with continued good volume.
BACK TO BACK, PR's WOULD BE THE TICKET TO GET THIS BACK OVER .01
WOW!!!! 200,00 SHARES BUY, RIGHT INTO CLOSE
PS:
FOR THOSE NEW TO UDHI, the CEO DR. GREEN owns of boatload.
Believe it or not, I sent an e-mail to Dr, Green yesterday asking about the new building.
Maybe I should have asked for more...(smile)
The video, was put out just prior to market close. Over the weekend the post on the board should soar, with an opening blast off Moday morning....... At least I would think that's the order of business.......
In Philadelphia Go Green!!!- Means Go Eagles!!!
Looking for good things out of the company this year. they just keep grinding away. Seems like it trying to go go up slooow and steady.
CRAZY trading,,,,,,,,Maybe a "hat trick" on 4th quarter results?