?? Union Equity Moving Forward After Hurricane Wilma
PALM BEACH, Fla., November 2, 2005 (BUSINESS WIRE) – Union Equity, Inc. (Pink Sheets: UNQT) is operating once again as utilities are being restored to South Florida after hurricane Wilma.
“Florida is bouncing back but the damage far exceeded what anyone expected,” said CEO Michael Anthony. “I believe the temporary inconveniences will equate to increased opportunities as more distressed properties hit the market in the coming months.”
In addition to pursuing residential foreclosures, the Company is currently working on the expansion of Home Sales Express, Inc., a wholly owned subsidiary, and its corresponding website www.KingOffer.com .
Home Sales Express, Inc. is a comprehensive resource for homeowners who want to participate as buyers or sellers in the For-Sale-By-Owner (FSBO) market. Through its website www.KingOffer.com , Home Sales Express is designed to attract owners of distressed properties that are not yet listed on the open market for purchase consideration by the Company. The site can also accommodate owners of conforming properties who want to sell directly without the assistance of a real estate agent.
Shareholders and other interested parties who have not done so already are encouraged to sign up for Union Equity’s electronic newsletters at www.UNQT.com and the latest real estate news at www.KingOffer.com .
About Union Equity
Union Equity is a real estate development, services and holding company. The company operates independently and through subsidiaries and plans to grow aggressively over the next several years through acquisitions, mergers, internal growth and the development of a dynamic internet presence.
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.
Source: Union Equity, Inc. Further information on the company can be found on their website; http://www.UNQT.com.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.