|By Marketwired .||
|February 18, 2014 09:21 AM EST|
INDIANAPOLIS, IN -- (Marketwired) -- 02/18/14 -- Union Equity, Inc. (OTC Pink: UNQT) CEO JT Thornburg would like to take a moment to give a shareholder update about the current situation of the company. "We are currently working diligently with our legal team to bring the financials up to date, remove the chill off of the trading of UNQT, and bring the company back to current status with all necessary trading organizations. This is taking longer than we originally expected, but we are hoping for good news in the very near future."
"We are working first and foremost on behalf of the current UNQT investors to bring their positions in UNQT back to what we feel like are proper trading levels. I will be looking forward at ALL avenues to help get us there." JT goes on to say, "I have been made aware of the concerns that previous management is still currently involved, which I want to be clear, is completely inaccurate. I am currently assembling a new Board of Directors, who I will introduce to the public in our next press release."