SOURCE: Union Equity Inc.

May 02, 2014 08:15 ET

Union Equity Inc. Announces Possible New Business Ventures

INDIANAPOLIS, IN--(Marketwired - May 2, 2014) - Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) and CEO JT Thornburg would like to announce at this time that some corrections were needed on current status filings. These corrections were rectified yesterday, May 1, 2014. Union Equity Inc. will file an updated attorney opinion letter today, May 2, 2014. This should bring current status to Union Equity Inc.

CEO JT Thornburg and the Board of Directors would like to address recent inquiries concerning an investment in medical marijuana. Mr. Thornburg and the Board of Directors have already been in contact with consultants regarding this investment idea. Union Equity Inc. is actively looking to acquire a company in the medical marijuana industry in states such as Colorado and California, and is excited to bring you updates on the findings. With more research to do, the management team of Union Equity Inc. needs to determine if this idea is a good fit as a potential investment for the company. The management team of Union Equity Inc. will release more information on this subject as it becomes available.

Union Equity Inc. would like to thank all of the shareholders for their patience and support. Mr. Thornburg states, "Great companies are built over time, not overnight. Myself and the Board of Directors will continue to strive for excellence and bring this company back to the top."

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