Replies to post #188858 on BB's Stock Haven

[ballyhooo]

UDVE! 100M O/S from older PR:

Valuation for United Development International Assets Set at 5 Cents Per Share; 240% Premium over Market Price

LAS VEGAS, Nov 22, 2004 (BUSINESS WIRE) -- United Development International (Pink Sheets:UDVE) has a definitive agreement, valuing the assets of United Development International at 5 cents per share. This valuation is a 240% premium over the current market price of UDVE stock.
This definitive asset valuation agreement is with an existing publicly traded gold mining company. The identity of this company will be confirmed shortly.

United Development International currently has 100 million shares issued and this values the company at $5,000,000.

It is the company's view that this represents a fair value of the company's assets. Independent review as well as shareholder approval of the transaction is required.