UDHC-Ulysses Diversified Holding Corp-Penny Stock-Holding Company

[BullishBear]

Anyone know anything about this one? is it the old fgfc turned ncfc? was there a reverse split with the name change? anyone know anything?

[BullishBear]

okay, answered my own questions. they did an 80:1 reverse split and it is the old fgfc, and apparently fauzi has been completely bought out. not sure if they have anything, but it's moving up in a hurry and has a really low float.

[Weirdharold]

Originally Posted by BullishBear

okay, answered my own questions. they did an 80:1 reverse split and it is the old fgfc, and apparently fauzi has been completely bought out. not sure if they have anything, but it's moving up in a hurry and has a really low float.

has even a lower float now! This Mornings PR....

Ulysses Holding Corp. Completes Reduction of the Company's Authorized Shares
Wednesday November 14, 8:59 am ET

JACKSONVILLE, NY--(MARKET WIRE)--Nov 14, 2007 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) today announced that it has completed the reduction of the company's authorized shares with The Secretary of State of Delaware, and now has the filed stamped resolution authorizing such.

ADVERTISEMENT
The current authorized shares now are 12 Million. The 12 Million Authorized Shares consist of 2,000,000 Preferred Shares (restricted for two years in management's control with no conversion options to common) and 10,000,000 Common Shares.

The company is currently reviewing several options to further reduce its Authorized Common Shares by an additional 2,000,000 to 3,000,000 shares by years end. The purpose for this additional reduction is to strive towards our objective of a share price between $1.00 and $2.00 per the current business plan now in place.

"We believe this objective to be very obtainable with the current assets in place and scheduled to come into the company and other certain assets under negotiations, the goal is to have the least amount of common shares available, as not to dilute the common shareholders and positioning the company for the sale of a separate class of restricted stock to Institutional Investors," said Mr. Young President & CEO.

Mr. Young also added, "We intend to raise additional acquisition and growth capital in this fashion, while achieving a share price worthy of a move to a more reputable trading arena."

About Ulysses Holding Corp.:

Ulysses Holding Corp. is a start-up retail optical holding company with an aggressive plan towards rapid expansion and revenue growth within the next 12 months. The company will focus only on profitable outlets with an average or better industry margins.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.



This afternoon's PR....

Ulysses Holding Corp. After the Bell Announced Its First Acquisition
11-14-2007 04:03:00 PM

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JACKSONVILLE, NY -- (MARKET WIRE) -- 11/14/07 -- Ulysses Holding Corp. (PINKSHEETS: UHCR) today after the bell announced its first Retail Optical Outlet acquisition.

The company has acquired Westtown Optical of Ithaca, New York. Westtown Optical has been serving the community since 1980 and serves retail, insurance and union member clients with a complete line of eye care products, and eye exams on premise. The company generates in excess of 1M dollars per year of revenues and has operated profitably for the last 20 plus years.

"Ulysses Holding will not change the name of the store nor will the company replace any of its current employees; in another words, it will be business as usual. However, the company will seek ways to increase revenues with an aggressive advertising and marketing campaign amongst other marketing tools," said Dawn P. Young, V.P. of Operations.

"We believe this first acquisition fits right into our company's business model, which is acquire profitable local area retail operations without changing the name or employees; thus, not diminishing brand loyalty within the community," said Mr. Young, President & CEO.

Mr. Young also added, "We have several other acquisitions in the pipeline utilizing the same scenario and business plan, local loyalty with the advantages of a large corporations purchasing and operational strength."

I bought in this morning @ .12 am now expecting it to gap up tomorrow... but the Shell sure has a checkered past!

[Aufan 1983]

Originally Posted by Weirdharold

has even a lower float now! This Mornings PR....

Ulysses Holding Corp. Completes Reduction of the Company's Authorized Shares
Wednesday November 14, 8:59 am ET

JACKSONVILLE, NY--(MARKET WIRE)--Nov 14, 2007 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) today announced that it has completed the reduction of the company's authorized shares with The Secretary of State of Delaware, and now has the filed stamped resolution authorizing such.

ADVERTISEMENT
The current authorized shares now are 12 Million. The 12 Million Authorized Shares consist of 2,000,000 Preferred Shares (restricted for two years in management's control with no conversion options to common) and 10,000,000 Common Shares.

The company is currently reviewing several options to further reduce its Authorized Common Shares by an additional 2,000,000 to 3,000,000 shares by years end. The purpose for this additional reduction is to strive towards our objective of a share price between $1.00 and $2.00 per the current business plan now in place.

"We believe this objective to be very obtainable with the current assets in place and scheduled to come into the company and other certain assets under negotiations, the goal is to have the least amount of common shares available, as not to dilute the common shareholders and positioning the company for the sale of a separate class of restricted stock to Institutional Investors," said Mr. Young President & CEO.

Mr. Young also added, "We intend to raise additional acquisition and growth capital in this fashion, while achieving a share price worthy of a move to a more reputable trading arena."

About Ulysses Holding Corp.:

Ulysses Holding Corp. is a start-up retail optical holding company with an aggressive plan towards rapid expansion and revenue growth within the next 12 months. The company will focus only on profitable outlets with an average or better industry margins.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.



This afternoon's PR....

Ulysses Holding Corp. After the Bell Announced Its First Acquisition
11-14-2007 04:03:00 PM

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* China Thermal Power Industry Report, 2007-2008 Available Now
* Research and Markets: A Complete And Comprehensive Analysis Of Biogen Idec, Including An Overview Of The Industry

JACKSONVILLE, NY -- (MARKET WIRE) -- 11/14/07 -- Ulysses Holding Corp. (PINKSHEETS: UHCR) today after the bell announced its first Retail Optical Outlet acquisition.

The company has acquired Westtown Optical of Ithaca, New York. Westtown Optical has been serving the community since 1980 and serves retail, insurance and union member clients with a complete line of eye care products, and eye exams on premise. The company generates in excess of 1M dollars per year of revenues and has operated profitably for the last 20 plus years.

"Ulysses Holding will not change the name of the store nor will the company replace any of its current employees; in another words, it will be business as usual. However, the company will seek ways to increase revenues with an aggressive advertising and marketing campaign amongst other marketing tools," said Dawn P. Young, V.P. of Operations.

"We believe this first acquisition fits right into our company's business model, which is acquire profitable local area retail operations without changing the name or employees; thus, not diminishing brand loyalty within the community," said Mr. Young, President & CEO.

Mr. Young also added, "We have several other acquisitions in the pipeline utilizing the same scenario and business plan, local loyalty with the advantages of a large corporations purchasing and operational strength."

I bought in this morning @ .12 am now expecting it to gap up tomorrow... but the Shell sure has a checkered past!

It should be a nice play for sure.

[Titan]

Bout damn time this thing paid me back for all the $$$ they've conned me out of...lol

Its come a long ways from FGFC and Abe the dishwashing CEO, to then Dr. Yank and his Chinese Dental Clinics.

Now we have an actual business behind the stock, what a concept!!!

This time we have verifiable assets and one's making verifiable income of more than $1 Million Annually!!!

This time we have an ungagged TA and the Share Sructure Verifiable and ALREADY Reduced to 12 Million. With the Authorized Shares (AS) being 10 Million Common Shares and 2 Million Preferred Shares (restricted for 2yrs).

This time we have a Legitimate Acquisition with an Actual Optical Store, one with an Actual Address & Phone's which are Actually Answered...lol

Yes, this may be the Real Deal. Either that or I've taken a Big Ole Beer Bong Full of Kool-Aid once again...lol

Today and the coming days look to be VERY exciting, especially with such a tight share structure!!!

Bout Damn Time!!!

Good Luck!!!

[Titan]

Press Release Source: Ulysses Holding Corp.

Ulysses Holding Corp. After the Bell Announced Its First Acquisition
Wednesday November 14, 4:03 pm ET

JACKSONVILLE, NY--(MARKET WIRE)--Nov 14, 2007 -- Ulysses Holding Corp. (Other OTC:UHCR.PK - News) today after the bell announced its first Retail Optical Outlet acquisition.

The company has acquired Westtown Optical of Ithaca, New York. Westtown Optical has been serving the community since 1980 and serves retail, insurance and union member clients with a complete line of eye care products, and eye exams on premise. The company generates in excess of 1M dollars per year of revenues and has operated profitably for the last 20 plus years.

"Ulysses Holding will not change the name of the store nor will the company replace any of its current employees; in another words, it will be business as usual. However, the company will seek ways to increase revenues with an aggressive advertising and marketing campaign amongst other marketing tools," said Dawn P. Young, V.P. of Operations.

"We believe this first acquisition fits right into our company's business model, which is acquire profitable local area retail operations without changing the name or employees; thus, not diminishing brand loyalty within the community," said Mr. Young, President & CEO.

Mr. Young also added, "We have several other acquisitions in the pipeline utilizing the same scenario and business plan, local loyalty with the advantages of a large corporations purchasing and operational strength."

About Ulysses Holding Corp.:

Ulysses Holding Corp. is a start-up retail optical holding company with an aggressive plan towards rapid expansion and revenue growth within the next 12 months. The company will focus only on profitable outlets with an average or better industry margins.

The current authorized shares now are 12 Million. The 12 Million Authorized Shares consist of 2,000,000 Preferred Shares (restricted for two years in management's control with no conversion options to common) and 10,000,000 Common Shares.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.


Contact:

Contact:
Ulysses Holding Corp.
Investor Relations
Tel: 1-607-387-7353


Source: Ulysses Holding Corp.

[Weirdharold]

boy was I wrong about this one this morning.... they claim there is only 3.5 million shares in the float.... the rest they want to hold in the treasury in case needed for acquisitions... guess now one is really wanting to sell?

[Weirdharold]

Ok, I got burnt on my last attempt to call this stock, and have kept quiet about it as some things were heating up on it. Now I am convinced it is going to move. Share structure has been lowered again since I first posted about this baby. The President of Ulysses Clayton Young wants to build this company and move it the way a legitimate company should move... to the big boards.

How do you go about doing that? He started out by buying the shell of a stock he lost money on while investing in penny stocks which had monstrous share structure and filed with Secretary of State of Delaware to reduce the authorized shares to 12 Million for a total reduction of 490 Million Shares. That got my attention and I tried to tell yall about it, but the reputation of the shell far outweighed the action.

Clayton names his wife as VP; she is a licensed optician by the State of New York owned Westtown Optical, which is also a Miracle Ear Service Center, located in Ithaca, New York. Her store was a profitable concern, but she kept thinking if she could just get those discounts that large chains could get.

That question is where UHCR's seeds were planted in Clayton's mind. Her store became the first acquisition.... no big deal... but knowing to get those geat discounts more stores were needed. UHCR then developed a joint venture development agreement with Island Associates, a company I know nothing about. Jointly the two companies agreed to use that money to acquire or build six location throughout Long Island, New York which the companies will each own 50% of those six stores and share the expenses and profits equally... except UHCR will receive a 10% management fee.... ok I see no toxic financing there..... still no one believes.

Need a website up so they announce they have secured the domain names of buyoptical.com and westtownoptical.com both only have placeholder parking site on them as yet, but the site for UHCR is being developed still but is live at UylssesHolding.com. Shares still not moving forward!

Then comes the announcement UHCR engaged Bridge Brokers to facilitate locating additional potential acquisitions... then an offer comes to UHCR for 20 million dollar line of credit specifically for the purchase of retail optical outlets. *I think to myself rut ro!*

Then UHCR announced they are creating a wholly owned Real Estate Holding Subsidiary. "Ulysses Properties, Inc. will own and manage the real estate portion of the company while the operations and management of the optical stores will remain under the parent company for the time being until more stores are accumulated."

All this and still no progress in the PPS, ... Lets call some more attention to a good thing! The Directors, President and CEO voted to reduce the company's authorized shares by an additional 2 Million Shares bring the authorized shares number down to a total of 10 million ... 2 million restricted, 8 million common. Still no one paying attention! PPS sitting or declining.... UHCR Enters Two New Long Term Lease Agreements to Establish Two New Optical Centers under its Westtown Optical Brand, one in New Jersey the other in Metropolitan New York......Still no big attention from investors... What the heck do you do to get investors to look you over, see what you are doing, check out your business plan? How do you get people to look you over?

Well upon advice of its Financial Advisors, the Executive Management and Directors have approved a 1 for 1 Stock Dividend to all Common Shareholders.

The Stock Dividend will be payable to Shareholders of record on February 11, 2008 and will be payable to Shareholders on February 29, 2008. Bingo this seems to have gotten the much needed attention! Remember now the A/S is 10 million shares.... 2 million of those are restricted.

I have on the advice of the company's Financial Advisors decided that this action will be in the best interest of the Company and its Shareholders as the Company's Securities have become stagnant due to the fact that we believe the float is too low, after the Dividend the public float will be a very reasonable 8,296,924 thus bringing the company's market cap to a still very undervalued $414,846 from the current market cap of $207,423, said Clayton Young President & CEO.

The company and its advisors believe that since the very small float after the Dividend will not have any negative impact on its share price.

Could I be wrong again? I certainly hope not and the last couple days of trading looks to back it up.... All I am say is you might want to check it out!

Hell call Clayton, he will talk to you....

Ulysses Holding Corp.
Tel: 1-607-387-7353

well if his ear hasn't been worn totally off since this Divy announcement. Ask him questions about his business plan, himself, the financing what ever then decide what you think... I just hope you don't miss the boat.

And yes I have been flipping it, but now am concerned that I might not be able to get back in at a good pull back until after Feb. 11th.... Just my take... don't forget to secure your profits.

GOOD LUCK which ever your decision

[BullishBear]

great post, thanks. if this thing hits about 2.00, i may be able to break even okay, just 1.00 with the divi. either way, no point in getting out now, too deep, so i wish for the best.

[Theboundbook]

Up another 16% or so halfway through the day!