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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24884)	8/27/2002 12:03:09 PM
From: Joe Copia	Read Replies (2) \| Respond to of 25711

UDTC news: B: UDTC Details Merger with United Communications Hub Inc B: UDTC Details Merger with United Communications Hub Inc Ridgeland, MS, AUG 27, 2002 (EventX/Knobias.com via COMTEX) -- United Trading.com (OTCBB: UDTC) announced on Monday that it has signed a Letter of Intent to merge with the privately held United Communications Hub Inc. ("UC HUB"). Under the terms of the Letter, UC HUB will become a wholly owned subsidiary of the Company, following the closing of the merger transaction. The transaction includes an investment by United Trading.com, giving UC HUB 78% ownership of the merged company. Should the Company be unable to arrange for financing as outlined in the Letter of Intent, UC HUB shareholders will hold 90% of the stock in the merged entity. Once the merger is finalized, the new company will operate under the UC HUB name. UC HUB's president and CEO is Larry Wilcox, an award-winning international producer of TV shows and the former star of two long-running TV series. After founding UC Hub in 1999, Wilcox was instrumental in leading the design of the software and the hardware for the next phase of digital distribution. Following the merger, Wilcox will hold the position of CEO, president, and chairman of the board with the new company. James Brewer of the Company will assume the position of CFO and remain a member of the board of directors. GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been delayed by 10 minutes. To get all Knobias alerts in real-time daily, visit knobias.com ABOUT KNOBIAS: Knobias is a financial information provider serving retail investors and trading professionals. Knobias collects and maintains real-time and historical market intelligence on all U.S. securities, with special emphasis on Over-the-Counter (OTC) stocks. Knobias provides customers with two core products: 1. Knobias FUNDAMENTALS: A comprehensive web-based database of fundamental research covering thousands of U.S. securities; 2. Knobias RAiDAR: A web-based desktop application that delivers thousands of real-time, intraday alerts daily. RAiDAR alerts include real-time news, filings, trading alerts, earnings alerts, coverage alerts and critical corp actions. KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or Companies mentioned in this story. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC. CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com/cmtx