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Wednesday, August 17, 2005 9:17:45 AM
CEO Michael Anthony recently purchased 50 million shares of the company's common stock in a private transaction from an unaffiliated third party.
http://biz.yahoo.com/bw/050527/275232.html?.v=1
Do a little DD; don't simply believe all this stuff;
http://finance.yahoo.com/q/h?s=UNQT.PK
The most important part of the 50 million share purchase PR;
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, which represents the Company's expectations or beliefs concerning, among other things, future operating results and various components thereof and the adequacy of future operations to provide sufficient liquidity. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition, (ii) fluctuations in price, demand and supply of real estate markets and (iii) risks associated with high capital long term investments. In addition, any forecasts made by the company, whether short-term or long-term, regarding future profitability are based on hypothetical business models and do not constitute a guarantee of profitability. Investors are highly advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Investors who initiate such an investment strategy should possess the financial net worth to withstand such a loss. Union Equity, Inc., its subsidiaries, officers and employees cannot guarantee the completeness or accuracy of the information contained in company press releases. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
Further information on the company can be found on their website; http://www.UNQT.com.
--------------------------------------------------------------------------------
Contact:
Union Equity Inc., Palm Beach
Rosalie Farnsworth, 800-916-3457
Fax: 800-916-3451
contact@union-equity.com
Good luck.
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