UNDT News Acquisition of 500 million shares
Universal Detection Technology (www.udetection.com) (OTCBB: UNDT), a developer of early-warning monitoring technologies that protect against biological, chemical, and radiological threats, announced today that its Chairman and CEO, Mr. Jacques Tizabi, has filed statements with the Securities and Exchange Commission reporting the of common stock bringing his holdings to 627,426,425 shares beneficially owned following this transaction.
The acquisition of shares was reported on Form 4 Statements of Change in Beneficial Ownership of Securities filed on August 1, 2011. The Form 4 statement can be viewed by clicking the here.
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