SOURCE: Union Equity Inc.
INDIANAPOLIS, IN--(Marketwired - Dec 24, 2013) - Union Equity, Inc. (OTC Pink: UNQT) would like to take this opportunity to update its shareholders on current and ongoing operations. Joseph Thornburg, the Chief Executive Officer, Secretary and sole Director of Union Equity, stated, "It is my intent at this time to take a moment to formally introduce myself to all of our shareholders and explain our plans for the future for building a profitable organization and an even stronger business relationship with you. As the new CEO, it is my responsibility to do what's in the best interest of the company and our shareholders. In doing so, I have engaged a new law firm and a consulting firm to bring the company back to 'Current Status' with up-to-date filings and ongoing shareholder updates. I look forward to the great accomplishments of the New Year with my legal and consulting team at my side. The company will be making announcements with formal introductions of the new team in the upcoming weeks."
Continues Thornburg, "I continue to strive to make Union Equity into a success for my shareholders and I will be building and executing its business plan that will continue to expand our global logistics services and transportation business as well as being engaged in the acquisition and consolidation of selected companies with strong growth prospects, focused in global logistics services and transportation which currently includes a domestic service center and exclusive and non-exclusive agents. I will be also looking to the second quarter of the New Year to some potential acquisitions that are in the negotiation stage that will take this company to the next level. We appreciate all the shareholder support and patience as we complete the restructure of the company and promise to work diligently to make the oncoming new year and successful and fruitful one."
About Union Equity, Inc.
Union Equity, Inc. (OTC Pink: UNQT) is a holding company engaged in the acquisition and consolidation of selected companies with strong growth prospects, focused in global logistics services and transportation which currently includes a domestic service center and exclusive and non-exclusive agents. The Company's customers include retail and wholesale companies around the United States.
With industrial production increasing year-over-year, the shortage of qualified drivers and trusted shipping partners is apparent in mid-markets for local deliveries. There are currently not enough trucks on the road in the North East US to service all need.
Union Equity provides foundational shipping and coordination services between suppliers and destination businesses and warehouses. The company will be migrating into providing a fully online integrated platform as well as seeking an expansion of a full fleet by 2015.
Forward-Looking Statements: The statements in this press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, and may involve risks and uncertainties, some of which are beyond our control. Such risks and uncertainties are described in greater detail in our filings with the U.S. Securities and Exchange Commission. Since the information in this press release 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. We make no commitment to disclose any subsequent revisions to forward-looking statements.