UDS/Delivery Technology Solutions Inc. Announces Moves to Improve Shareholder Value and Facilitate New Investment
07 April 2011 - 8:12PM
Marketwired
Universal Delivery Solutions Inc. (UDS) announces moves to improve
shareholder value and facilitate new investment. UDS is the
operating unit of Delivery Technology Solutions Inc. (PINKSHEETS:
DTSL), the leader in delivery management technology.
Management has spent a great deal of time over the past weeks
analyzing the capital structure of the Company. They have solicited
the learned opinions of counsel, consultants, and various other
advisors, to determine the most effective, efficient means of
righting the corporate ship. They have examined various options to
determine how best to advance the company's future goals and
provide the greatest shareholder value for current shareholders as
well as potential future investors. It soon became abundantly clear
that whatever course management chose to embark upon would not be
simple, nor would it succeed without dedication and some degree of
sacrifice. After all the consultation and careful scrutiny, one
path of action emerged as the best means of achieving the goals the
company needs to reach while still being equitable to all
concerned.
To accomplish the task of overcoming deficiencies in the
company's early history and enabling the company to grow and gain
access to capital markets by qualifying for admission to the
Electronic Bulletin Board and eventually the American Exchange or
Nasdaq small cap, new investment is critical. To provide a vehicle
for such investment that accurately reflects the underlying entity
and allows for liquidity and real upside potential is essential.
Old shareholders and new investors alike deserve such status.
UDS is the operational arm of the company. It provides all the
revenues and all the growth potential and is the core of the
company. By spinning off UDS and giving current shareholders a
significant portion of stock in this new public entity, while still
providing room for new investors to provide the critical capital
infusion that will enable the company to fulfill its potential,
everyone who has or will have a stake in UDS or DTSL will benefit.
This is clearly the best and fairest means of moving the company
forward and providing everyone the best opportunity to prosper.
There will be no bankruptcy, no 50,000 to one reverse split, no
stagnation as the business improves dramatically only to be dragged
down by a hopelessly deteriorating capital structure. This course
of action is not only the best way, it is the only way.
In an effort to be as transparent as possible, management will
release the specifics of the spinoff to all shareholders within the
next few weeks as final numbers emerge. Thank you for your
attention and continued support.
About: Universal Delivery Solutions Inc.
Universal Delivery Solutions Inc. (PINKSHEETS: DTSL),
www.universaldelivery.com is the leader in providing comprehensive
custom-developed catering/delivery solutions to industries
throughout North America. Universal Delivery Solutions Inc. (UDS)
is wholly-owned operating subsidiary of Delivery Technology
Solutions Inc. The company offers blended solutions through a
seamless system that integrates Customer Relationship Management
(CRM) and Call Center IT services utilizing a proprietary
technology backbone to offer convenience, consistent quality,
flexibility, accountability and value for consumers and
companies.
Safe Harbor: The statements in the press
release that relate to the company's expectations with regard to
the future impact on the company's results from acquisitions or
actions in development are forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995.
The statements in this document may also contain "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.
Since this information 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.
Contact: Delivery Technology Solutions Inc. Mr. Ryan
Coblin CEO 561-674-9500
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