UDVE news huge dividend

[stevpot99]

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

United Development International to Deliver Cash Dividend to Shareholders

LAS VEGAS, Apr 28, 2005 (BUSINESS WIRE) -- United Development International (Pink Sheets: UDVE), when settlement of the sale of their Guyana assets completes, will deliver out sales revenue to shareholders of record as a cash dividend.
This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds to United Development.

Assets have been sold to a private European firm for the minimum sum of $2,100,000.00.

Monies are to be held in escrow for a yet to be determined timeframe as the company wants to ensure that it receives fair value for its assets.

United Development International, quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

SOURCE: United Development International, Inc.



CONTACT: United Development International
Staff, 250-319-3442


Copyright Business Wire 2005

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KEYWORD: United States
North America
Nevada
INDUSTRY KEYWORD: Manufacturing
Other Manufacturing
Natural Resources
Mining/Minerals
Other Natural Resources
SUBJECT CODE: Dividend

[stevpot99]

if the o/s on the pink sheets is correct thats 0.041 a share that you bought for 0.003

[stevpot99]

the is 2.1 million

April 29, 2005 06:00 AM US Mountain Timezone

United Development International Reaffirms Commitment and Value of Cash Dividend to Shareholders

LAS VEGAS--(BUSINESS WIRE)--April 29, 2005--United Development International (OTC: UDVE), wishes to reaffirm to its shareholders the sale price of $2,100,000.00 is the minimum sum for its divestment of assets in Guyana to a private European firm.


The company will ensure that every effort will be made to maximize the value of the sale. Maximizing the value of the sale has the potential to positively impact the delivery of the cash dividend to our shareholders of record with a higher return per share.

This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds to United Development.

United Development International, quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

Contacts


United Development International
Staff, 250-319-3442

[stevpot99]

United: Per Share Value of Cash Dividend over $0.005

LAS VEGAS--(BUSINESS WIRE)--May 2, 2005--United Development International (Pink Sheets:UDVE), has calculated the per share value of the recently announced shareholder dividend offering to be over $0.005 per share.


This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the recently announced sale of assets of United Development.

United Development International, quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

Contacts

[stevpot99]

United: Returns 100,000,000 Shares to Treasury

LAS VEGAS--(BUSINESS WIRE)--May 3, 2005--In its continuing effort to ensure shareholder value United Development International (OTC:UDVE) announces today it will be returning 100,000,000 shares of company common stock back to treasury.


This transaction has the potential to have tremendous impact on the delivery of its recently announced cash dividend to shareholders.

This dividend will be delivered to all common stock holders of the recorded date of the transfer of funds from the recently announced sale of assets of United Development.

United Development International, quoted on NQB Pink sheets as "UDVE".

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.

[bradfrogger]

So does anyone know if this "recorded date of transfer of funds" has already passed? I tried calling and leaving a message, using the number in the press release, but got no return call.

[bradfrogger]

bradfrogger said:

So does anyone know if this "recorded date of transfer of funds" has already passed? I tried calling and leaving a message, using the number in the press release, but got no return call.

Does anyone else here own this stock? If so, please let me know if you have received the divy.