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UDSG UDS Group Inc (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UDS Group Inc (CE) USOTC:UDSG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

UDS Group, Inc. Responds to SEC’s Short Term Temporary Trading Halt

25/09/2009 2:50pm

Business Wire


UDS (CE) (USOTC:UDSG)
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UDS Group, Inc. (Pink Sheets:UDSG), the leader in Delivery Management Solutions, announced today that the company was surprised to learn that the SEC had issued a temporary, short term halt on the trading of UDS stock.

“Attempts have been made from the onset of the trading halt to clarify and obtain an understanding of this sudden action by the SEC,” stated Michael Schulman, corporate attorney for UDS Group, Inc.

“In 2007, UDS was exonerated of any wrongdoing at the conclusion of an informal inquiry by the SEC in which UDS fully cooperated and assisted the SEC in their inquiry. We have made the exoneration letter available on the UDS corporate website at www.universaldelivery.com,” added Mr. Schulman.

“We do not believe there is any basis for the temporary short-term halt to the trading of UDS stock,” commented Ryan Coblin, CEO and Chairman of UDS Group, Inc.

“We are continuing to attempt to contact the appropriate personnel at the SEC to get clarification of this situation and have the trading suspension lifted as soon as possible. We will keep the investment community informed of any information that we receive,” added Ryan Coblin.

Ryan Coblin also stated, “UDS will continue to focus on performing its business model while aiming to deliver strong successful results. We are excited to launch our new delivery solution with our 888-Sub-To-Go in the Washington, DC area in October. UDS is looking forward to keeping everyone informed of our upcoming events in the coming weeks and over the next few months.”

As previously stated, the new UDS website www.universaldelivery.com details how the company has “mastered the fives essentials of your delivery solution.” The website itemizes these essentials as One-Number/Online Ordering, Call Center Excellence, Point-of-Sale Integration, Site Delivery Coordination, and Marketing & Training Systems.

Universal Delivery Solutions is publicly traded under the symbol UDSG.PK.

If there are any questions or concerns regarding UDS Group please feel free to contact the company anytime.

About Universal Delivery Solutions, Inc.:

Universal Delivery Solutions, Inc. (UDS), www.UniversalDelivery.com, is the leader in providing comprehensive custom-developed catering/delivery solutions to industries throughout North America, including restaurants, retail and others. UDS solutions offer a seamless system that integrates Customer Relationship Management (CRM) and Call Center IT services through a proprietary technology backbone to offer convenience, consistent quality, flexibility, accountability and value for consumers and companies.

Safe Harbor:

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.

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