UDW - US Dataworks, Inc. Turnaround Play Under $1.00 Message Board

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Microcap & Penny Stocks : UDW - US Dataworks, Inc. Turnaround Play Under $1.00

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From: Thomas Kirwin	8/21/2006 9:24:04 PM
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News on the way? Read on.... WWareagle Post - We have Volume! Any ideas who or what about the new deal to be announced next month? Dow18K Post WWareagle, Yeah there sure was some volume but the price did decline a bit. Not a great short-term omen IMHO. UDW's stock price is still treading water. The volume could be the result of a pre-negotiated trade or indicate something is about to be announced - good or bad - who knows? What deal or news do you believe is about to be announced? I did not hear any mention of upcoming news during the recent conference call. Where did you hear about it? Thanks in advance for your reply! Best O'Luck, Dow18K WWareagle Post Liquidity section of 10Q had a signing(collaboration?) as part of strategy to profitability.... Dow18K Post Great find WWareagle! Liquidity and Capital Resources We have specific plans to address our financial situation as follows: • We expect to enter into a month-to-month professional services contract with an existing major financial services customer in early September 2006 that could generate revenue sufficient to significantly reduce the negative cash flows from our operations for fiscal 2007. • Additionally, we believe that the demand for our software and professional services will continue to expand as the United States market adopts the new payment processing opportunities available under changing regulations such as the Check Clearing Act for the 21 st Century and NACHA’s back office conversion, which allows the conversion of paper checks in the back offices of retail merchants and government. We believe that increased demand for our solutions, including our recently introduced Clearingworks product, will lead to increased cash flows from up-front license fees, transaction based contract fees and increases in professional services revenues. • We have entered into a strategic alliance with one of the largest merchant service providers, or MSP, which will allow this MSP to sell Clearingworks as part of its ARC and back office conversion services. We expect this alliance to positively affect our profitability.

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