UDS Group, Inc. Receives Response and Information Regarding the SEC's Short Term Temporary Trading Halt
November 12 2009 - 12:15PM
Marketwired
UDS Group, Inc. (PINKSHEETS: UDSG), the leader in Delivery
Management Solutions, announced today that the company received
information regarding the SEC short term trading halt on the
trading of UDS Group Inc. stock.
"After numerous attempts to obtain the reasoning and clarity
with regards to the SEC action to halt trading with no notification
or warning, UDS Group Inc, received documents directly from the SEC
providing no complaints or allegation against any UDS officer or
shareholder," stated Ryan F. Coblin, CEO of UDS. These documents in
one way were a vindication that UDS's present management was not
the cause of the SEC action. UDS, like all of its shareholders, are
victims in this case because of the action of certain individuals
not associated with the management of UDS who allegedly committed
violations of the antifraud and registration requirements of the
federal securities laws. UDS has made these documents available on
its corporate website www.universaldelivery.com. UDS has been
working diligently on resolutions to address our public posture,
and when complete, we will inform all of our shareholders."
Ryan Coblin also stated, "UDS continues to focus on performing
its business while aiming to deliver strong successful results. We
are excited about our new delivery solution with our 888-Sub-To-Go
in the Washington, DC area that opened on October 28th, 2009. 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.
Contact: UDS Group, Inc Mr. Ryan Coblin CEO 561-674-9520 Pearl
Group Advisors, Inc Investor Relations 954-232-5363
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