WillyWizard.com Profiles Union Equity Corporation Pink Sheet: UNQT Union Equity, Inc.
Business That Adapts
205 Worth Avenue, Ste. 201
Palm Beach, FL 33480
Shareholder Report 5-23-05
www.UNQT.com
Union Equity, Inc. (UNQT.PK)
Capital Structure as of 5-20-05
Authorized Common: 20,000,000,000
Restricted Held by Mgmt: 6,043,000,000
Outstanding Common (post split): 3,270,731,300
Company Web Site Link Press Release PALM BEACH, Fla.--(BUSINESS WIRE)--June 10, 2005-- Union Equity Inc. (Pink Sheets:UNQT) announces the formation of its new wholly-owned subsidiary, Home Sales Express, Inc.
The company's primary focus is to make select offers on homes that are not listed for sale on the open market.
"The challenge was how to gain a competitive edge in a market that's going straight up," said Union Equity CEO Michael Anthony. "Pre-construction opportunities are still astonishing but existing properties that are hitting the market in South Florida are selling in record time. Playing low-ball isn't effective when a seller receives ten offers on the subject property the first week it's posted on MLS. The solution became overwhelmingly clear; aggressively and systematically pursue properties that are not listed on the open market."
The primary objective of Home Sales Express, Inc. is twofold: to attract distress sales, meaning property owners who need to sell immediately due to a variety of reasons; and to attract owners of non-conforming properties, meaning properties that do not qualify for traditional financing due to structural defects, termites, title problems or zoning issues.
If a property does not qualify for traditional financing it is difficult, if not impossible, for the owner to sell it on the open market unless approached by a cash buyer. Since the majority of South Florida's current real estate boom is finance driven, if the prospective buyer can't get a loan on the subject property, the property remains unsold.
Within 72 hours, Home Sales Express, Inc. can conduct an inspection by a licensed General Contractor, generate an appraisal, perform a title search and then make an offer on a property. Once acquired, the property can then be renovated and resold on the open market and/or listed for sale on the company's web site. "There are still numerous houses out there that have hurricane damage from last year," Anthony said. "Our belief is that some of these people would like to step out of their properties but just don't know how."
The secondary focus of Home Sales Express Inc. is to attract and approach owners of conforming properties who want a simple and speedy liquidation without the use of a real estate agent.
The driving force behind Home Sales Express, Inc. will be a sophisticated yet user-friendly interactive website that is currently under construction. Some of the primary features will be an online application so homeowners can submit properties for purchase consideration; a fee-based "For-Sale-By-Owner" section that will allow property owners to list their own properties for sale; a foreclosure directory (for properties undergoing the foreclosure process); a buyer registry so real estate buyers can affiliate with the company; an extensive glossary of real estate terminology; real estate industry news; and much more.
The website will be perfectly optimized for maximum search engine penetration, and promoted and advertised through traditional and contemporary means. Fee-based banner advertising will also be made available to real estate-related businesses once the website is drawing sufficient traffic.
"Home Sales Express is innovative and can provide us with an unlimited growth potential via the internet," Anthony said. It reinforces Union Equity's current focus across the board and there are at least a dozen ways to build out the website to include various revenue streams. The concept was designed to be applied nationally." Over the past several weeks Anthony has been working closely with graphic arts experts, web designers and trademark attorneys to create a highly recognizable logo, develop proprietary language and secure intellectual property rights for Home Sales Express. "The website is going to be a powerhouse and should give us access to unique opportunities that may otherwise go undiscovered," Anthony said. "I've seen variations on the concept in practice but in my opinion they all fall short because the websites are not comprehensive in nature. We intend to pull out all the stops and build a dynamic internet presence. Our goal is to establish one of the premier `go-to' websites in the real estate industry."
The website will debut in the coming weeks.
On May 10, 2005 Anthony executed a lock-up agreement that will prohibit him from selling any of his personal company stock on the open market until November, 2006. Without the agreement in place, Anthony would have been allowed to begin selling his stock on the open market this coming November, 2005, in accordance with Rule 144. The completed lock-up agreement is currently posted on the company's web site on the Shareholder Center page. Union Equity CEO Michael Anthony met May 5, 2005 with a representative from the company's accounting firm Bagell, Josephs & Company, LLC to begin preliminary work on audited financials for the company.
Due to its "non-reporting" status, Union Equity is not required to complete audited financials but has elected to do so anyway. The company's upcoming financial statements will reflect activity for the year of 2004. The company plans to continue to complete audited financial statements from this point forward in order to eventually achieve reporting status.
Bagell, Josephs & Company is registered by the PCAOB (Public Company Accounting and Oversight Board) and is part of the BDO Seidman alliance of accounting firms. BDO Seidman is the fifth largest international accounting firm. Bagell, Josephs & Company was recently rated as one of the top 100 auditing and accounting firms nationwide.
About Union Equity
Union Equity is a national real estate development and holding company, specializing in the fields of Residential Property Development, Mortgage Finance and Construction of New Residential Properties. The company operates independently and through its wholly-owned subsidiaries Eden Development Group and Home Sales Express and plans to grow aggressively over the next two to three years through acquisitions, mergers, internal growth and the development of a dynamic internet presence.
About the Industry
Florida ranked fifth nationally in housing appreciation in 2004 and is the nation's ninth most expensive housing market. Las Vegas has been the fastest-growing city in the United States for nearly 20 years and is one of the top housing markets in the country. Home prices in Las Vegas increased by nearly 50 percent in the past year.
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; unqt.com.
CONTACT INFORMATION: Union Equity Inc., Palm Beach Rosalie Farnsworth, 800-916-3457 Fax: 800-916-3451 contact@union-equity.com Union Equity Corporation Union Equity Corporation was founded in response to the ongoing financial opportunities that exist in the acquisition of commercial and residential real estate. The driving force behind our business model is the ability to move decisively once a viable opportunity is identified. We believe this adeptness in the marketplace sets us apart from industry counterparts who are quick to analyze and slow to respond. We adapt with the market while maintaining a strict focus on sound real estate fundamentals. While other real estate consortiums operate in a vacuum, we continuously establish dynamic relationships with key industry participants in order to maintain a fresh perspective on prospective acquisitions.
Union Equity intends to initiate long-term expansion into numerous value-driven real estate markets nationwide. In the process we will continue to enhance our capabilities by aligning ourselves with qualified commercial entities we deem to be exceptional. Company Profile Union Equity Inc. (symbol UNQT) is a national real estate holding company and developer. We identify key opportunities in exclusive real estate markets to expand our portfolio of value-driven and income-producing residential and commercial properties. We maintain a long-term growth perspective on our intended markets while continuously seeking out interim projects as well. Union Equity evaluates each potential acquisition independently. We exercise the same degree of due diligence whether we are analyzing pre-construction condominiums, undervalued single-family or multi-unit dwellings, or income-producing commercial properties. Regardless of the sector, Union Equity demands that specific common denominators exist in each property in order to pursue the greatest possible ROI.
Our persistence is only surpassed by our innovation. We believe it is equally important to maintain a focused business model as it is to stay abreast of all relevant industry developments. Union Equity evolves with the marketplace while maintaining a strong foundation in tried and true value-based acquisitions. Union Equity Corporation Focus Union Equity demands a dynamic growth potential from all of our projects. In terms of acquisitions, we pride ourselves in the fact that we exercise a more stringent degree of quality control than our industry competitors. Our goal is to combine quality and flexibility with a discerning eye for undervalued projects in order to capitalize on the high-growth potential of the residential and commercial real estate markets.
Union Equity strives to provide our shareholder base with added value and peace of mind by maintaining a disciplined approach to real estate accumulation and liquidation. We incorporate sound economics with contemporary business strategies in order to produce an expanding portfolio of exclusive commercial and residential properties.
As appropriate, the company will secure qualified tenants for our properties in order to generate supplementary income. We intend to continuously evaluate and reevaluate our holdings to arrive at the most advantageous exit strategies possible.
Union Equity intends to capitalize on niche financial opportunities overlooked by other real estate developers and holding companies. We consider our strongest advantage to be the ability to isolate and identify select opportunities in a diverse and highly competitive market place. Shareholder Center Amended Lock-Up Agreement 6/09/05 Shareholder Report 5/26/05 Lock-Up Agreement 5/10/05 Message from CEO 5/07/05 Message from CEO 4/22/05 Message from CEO 4/18/05 Press Releases 06/03/2005 Union Equity CEO Includes Recently-Purchased 50 Million Shares 05/31/2005 Union Equity Corrects Press Release Dated 4/25/05 05/27/2005 Union Equity CEO Addresses Purchase of 50 Million Shares of Company Stock 05/12/2005 Union Equity CEO Purchases 50 Million Shares of Company Stock 05/11/2005 Union Equity Hires Investor Relations Spokesperson 05/10/2005 Union Equity CEO Executes Lock-Up Agreement Ahead of Schedule 05/09/2005 Union Equity CEO Meets with Accountants to Draft Audited Financial Statements 05/05/2005 Union Equity CEO Commends Shareholders for Uniting to Fight Short Selling 05/03/2005 Union Equity Sets Completion Date for Lock-Up Agreement That Will Prohibit CEO... 05/03/2005 Union Equity Included in Star Studded "Pre-Sale" Group at Hard Rock Caf Hotel & Casino 05/02/2005 Union Equity Inks Pre-Sale Reservation Agreement with Hard Rock Caf 04/29/2005 Union Equity to Submit Bid for Mizner Mini-Mansion 04/29/2005 Union Equity Addresses Shareholder Inquiries 04/27/2005 Union Equity Addresses Issue of Short Selling 04/26/2005 Union Equity Implements Goliath Program 04/26/2005 Union Equity CEO Reviews Terms of Lock-Up Agreement 04/25/2005 Union Equity Responds to Shareholder Inquiries 04/25/2005 Union Equity CEO Agrees to Lock-Up Agreement 04/22/2005 Union Equity Details Twelve-Month Strategy 04/22/2005 New Union Equity Website Feature Designed to Inform Shareholders 04/21/2005 Union Equity Responds to Shareholder Inquiries; USA Today Declares 04/19/2005 Union Equity Completes Acquisition of Eden Development Group 04/18/2005 Union Equity Responds to Shareholder Inquiries 04/18/2005 Union Equity Approves 600% Dividend for Shareholders 04/05/2005 Eden Development Group President Bringing Two Decades of Construction Experience to UE 03/30/2005 Union Equity Executes Contract to Acquire Eden Development Group and Sets Closing Date 03/28/2005 Union Equity and Eden Development Group Agree on Terms of Acquisition 03/15/2005 Union Equity In Discussions to Acquire Florida Home Builder 03/01/2005 Union Equity Retains Accounting Firm of Bagell, Josephs & Company, LLC 02/28/2005 Union Equity Screening Senior Underwriters for Commercial Lending Division 02/03/2005 Union Equity Seeks New York Office 01/26/2005 Union Equity Commences Development of Commercial Lending Division 01/18/2005 Union Equity Plans Expansion into New York, Tri-State Area 11/29/2004 Union Equity Begins Due Diligence on Miami Acquisitions 11/24/2004 PhaserTek Medical Reorganizes as Union Equity, Inc. Readers Caution: This writer/owner is not a licensed investment advisor or analyst nor does he give out buy or sell advice to anyone. No analysis has been made by this writer about the financial condition of any business contained within this site or other factors about the Companies which may appear in the reviews or articles contained herein. The information contained herein is based upon sources I consider reliable but is not guaranteed. Any sales and or earnings forecasts included herein were obtained by and/or from audited financials and/or news releases and unless otherwise stated are not endorsed by the writer. The writer, therefore, makes no guarantee as to the reliability of such information. The reviews or articles are not a solicitation to purchase or hold or dispose of stock securities of a Company reviewed. Readers should consult with their attorney or own independent tax, business and licensed financial advisors with respect to any investment opportunity, including any contemplated investment in the Company(s) that are written about. All information concerning a Company herein and contained in a review or article or any part of this web site should be verified independently by an attorney, with such company and an independent licensed securities analyst. Investments in small cap companies are generally deemed to be highly speculative and do involve substantial risk, making it appropriate for readers to consult with professional investment advisors and to make independent investigations before acting on information published by WillyWizard.com. Investment in small cap companies or pink sheet companies could prove to be high-risk investments with the result of loss of part or total principal investment. WillyWizard.com is an information web site that provides company profiles from time to time. WillyWizard.com is not affiliated with any broker or dealer and is not a registered investment adviser. The information contained in this publication is for informational purposes only and is neither an offer to sell nor a solicitation of any offer to buy securities. Investment in small cap companies is considered extremely speculative and may result in the loss of some or all of any investment made in these companies. WillyWizard.com is not in any way responsible for any profits or losses resulting from acting upon this publication. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured company in order to allow the investor to form his or her own opinion regarding the featured company. Investors should not rely solely on the information contained in this publication. UNQT: The owner will receive 30,000,000 shares from a third party. The owner will also be trading UNQT shares he purchases out of the market. Also I have retained an attorney and will sue anyone trying to harm my company by calling companies and individuals harassing them lying about me or my company. You are now put on notice. The writer/owner will be trading in and out of all common shares held and does reserve the right to increase or decrease his ownership interest in the securities owned at any time without announcing sells or buys. This writer/owner does reserve the right to trade in and out of securities he holds, sometimes daily and sometimes multiple times per day. Therefore the actual listed share amounts held could be less then listed within this profile disclaimer.
WillyWizard.com does not accept any liability for the accuracy of the facts presented in this publication. Factual statements contained in this publication are made as of the date stated and are subject to change without notice. Readers of this publication are cautioned not to place undue reliance on forward-looking statements, which are based on certain assumptions and expectations, that may or may not actually occur, and involve various risks and uncertainties, that could cause results to differ materially from those set forth in the forward-looking statements. This Writer Warns ALL Who Buy Any Stock That They Risk Losing All Their Money. This Warning is very important and you should realize any decisions to purchase anything I hold in my portfolio, review or profile on this site or any newsletter is the buyers sole decision and not solicited by the writer. Nobody, including myself, are immune to losses.
Read the above disclaimer in conjunction with the main web sire disclaimer. The url location is willywizard.com
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS Except for historical information contained herein, the statements on this web site, e-mails and newsletter reviews are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as ``anticipate,'' ``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,'' ``believe,'' and other words and terms of similar meaning in connection with any discussion of future operating or financial performance.
The above disclaimer is posted in order to be in compliance with the Securities Act of 1933 Section 17(b) which states the following:
It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
If you no longer wish to receive electronic emails from willywizard.com please email willywizardclub@lycos.com and put unsubscribe in your heading or respond by mail to:
Unsubscribe WillyWizard.com P.O. Box 873474 Vancouver, Wa. 98687-3474
An unsubscribe link by email service provider, by email and by address are provided in all emails to meet all atni-spam regulations as of February 1st, 2004.
--------------------------------------------------------------------------------
Powered by List Builder Click here to change or remove your subscription |