Union Dental Reports 3 and 6 Month Revenues
August 27 2013 - 6:56AM
Marketwired
Union Dental Holdings, Inc. (PINKSHEETS:
UDHI) - http://www.uniondental.com/ir - a Company that operates and
manages a network of dentists throughout the United States for
union members announced the financial results for the quarter
ending June 30, 2013. In the consolidated Statement of earnings for
the six months ending June 30, 2013, the Company reported income
from operations of $98,921 on revenues of $2,066,863.
The Company reported income from operations for the quarter of
($14,824) on revenues of $1,024,126.
Dr George Green, President and CEO stated: "Although revenues
for the quarter and six months were down, I believe this is related
to the loss of union members due to the economy. In my meetings
with union officials, I have been told that new union members are
coming on board and hopefully will make up the balance of this
union reduction over the next 12 months."
About Union Dental Holdings, Inc. Union
Dental Holdings manages a 22 operatory full service dental practice
in Coral Springs, Florida. It is the exclusive supplier of
Drinkable Air's patented ozone atmospheric water generators for the
US dental industry and is a leading innovator for bringing bacteria
free water into the dental operatory settings. Union Dental
operates two wholly owned subsidiaries, Direct Dental Services and
Union Dental Corp. Direct Dental Services provides dentists with
"areas of exclusivity" to participate with various unions including
the Communications Workers of America (CWA) and the International
Brotherhood of Electrical Workers (IBEW), United Association of
Plumbers and Pipe Fitters (UA) and The Association of Flight
Attendants - Communications Workers of America (AFA-CWA). Direct
Dental Services receives annual management fees from the dentists
in exchange for practicing in these "areas of exclusivity" where
CWA and IBEW members use the dentists' services.
WEBSITE: www.uniondentalcorp.com/ir Contact
Information: Dr. George D. Green, CEO info@uniondentalcorp.com
CONTACT INFORMATION: info@energyet.com
"Safe-Harbor" Statement: Under the Private Securities Litigation
Reform Act of 1995. This press release may contain forward-looking
information within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), including
all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the Company, its
directors or its officers with respect to, among other things: (i)
the Company's financing plans; (ii) trends affecting the Company's
financial condition or results of operations; (iii) the Company's
growth strategy and operating strategy; and (iv) the declaration
and payment of dividends. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
Company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors.
Dr. George D. Green CEO Email Contact Email Contact
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