INDIANAPOLIS, IN, United States, via ETELIGIS INC., 04/21/2015 – – Union Equity, Inc. (OTC Pink: UNQT) (PINKSHEETS: UNQT) would like to take this time to inform the shareholders of a few new updates regarding the progress of the SEC audit. There have been a few shareholders reaching out to Union Equity inquiring about the length of time it is taking to complete the SEC audit. The management team would like to explain what has been progressing. Union Equity’s management team was unaware that the yearend financials must be completed before the audit team could begin. Upon finding out this information, Union Equity’s team quickly responded by providing them with the needed information to complete the yearend financials. Once this was finished, the audit began immediately. During the audit, there was some needed information that occurred in the year 2012. These happenings took place before the current CEO, JT Thornburg, was involved with the company. Due to this, it took some time to locate and acquire the needed documents and information. Things are progressing nicely and Union Equity’s management team will provide updates as they happen pertaining to the audit. If there are still questions arising about the audit taking place, please feel free to contact Union Equity’s corporate auditor, Mr. Joe D’Arelli of D’Arelli Pruzansky, P.A.
Union Equity has also received inquiries about possible mergers and acquisitions. There has been a substantial amount of interest in Union Equity since the first part of this year. There have been conversations take place with companies that are looking to become involved with Union Equity. Union Equity’s management team is currently in discussions with some companies about possible mergers and/or acquisitions. Union Equity is still working on some things to progress where it would like to be, however, these discussions will continue to take place and news will be released accordingly.
Union Equity and its board of directors are very pleased with the progress that has been achieved in the past twelve months. They are looking forward to the advancements that can now be continued to progress Union Equity to its highest capabilities.
About Union Equity, Inc.:
Union Equity, Inc. is a holding company that is comprised of 1 subsidiary that covers a vast business spectrum – Union Equity Investments, Inc.
About Union Equity Investments, Inc.:
Union Equity Investment, Inc. is to provide the best possible risk-return value for Union Equity shareholders, by making direct investments into or outright purchases of revenue generating foreign and domestic private/public companies, which are in the need of a strong management team and capital in order to make it to the next level.
To learn more about Union Equity Inc., please contact
Office: (317) 575-4113
SOURCE: Union Equity, Inc.