UDS Group Inc. Retires 27 Million Shares of Common Stock and Reduces Total Outstanding by Approximately 12% Realigning Capital S
June 18 2007 - 7:00AM
Business Wire
UDS Group, Inc. (PINK SHEETS: UDSG) a leader in Delivery Management
Solutions today announced they have retired 27,000,000 shares of
common stock related to the full repayment of $102,269.00 recently
to Hope Capital and Jabro Funding. This represents a reduction of
issued and outstanding capital stock by approximately 12%. The
repayment was in the form of cash and allowed the company to
effectuate this cancellation of 27 million shares. Mr. Ryan Coblin,
CEO of UDS, commented �I am so proud to be witnessing the evolution
of our company from inception to where we are today. I continue to
be excited over the direction and potential of UDS. I look forward
to the continued current direction of our company, servicing our
growing client roster and our new proprietary programs which
streamline large scale national rollouts of new clients.� About
Universal Delivery Group, Inc. Universal Delivery Solutions, Inc.
(PINK SHEETS: UDSG) www.UniversalDelivery.com is the first Company
to provide a 100%, turnkey delivery platform to the service
industry throughout North America (restaurant, retail, other). The
system is designed on both a customer relation management (CRM)
system and a service integrated technology backbone between
customers, call center and the personal industry provider of
choice. Legal Notice Regarding Forward-Looking Statements The
statements in the press release that relate to the company's
expectations with regard to the future impact on the company's
results from acquisitions or actions in development are
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. The statements in this
document may also contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Since this information
may contain statements that involve risk and uncertainties and are
subject to change at any time, the company's actual results may
differ materially from expected results.
UDS (CE) (USOTC:UDSG)
Historical Stock Chart
From Jan 2025 to Feb 2025
UDS (CE) (USOTC:UDSG)
Historical Stock Chart
From Feb 2024 to Feb 2025