Union Dental Holdings Inc. (OTCBB: UDHI)
has been making some serious progress as of late. Announcing a deal last week that should add $10 mil to the books immediately - today the company stated that Q2 revs should be up about 20% over Q2 '06.

UDHI traded about 8.3 million shares between Thursday and Friday of last week but continues to hover around $.02.

We're guessing that some may be waiting for the dust to settle and the finalization of the agreement to acquire Bellflower Dental before jumping aboard for the long haul. If that's the case, so be it - as long as you are aware of the value here at just over two pennies.

Think about it like this: UDHI logged about $2.2 Mil in '06 Revs, Bellflower did just over $10 million. That is close to an 80% before the company brings in its own labor union customers.

Also, as mentioned before - if UDHI can bring in about 4,000 new patients a year for the next five years at the newly acquired Bellflower facility, the building alone could be brings in nearly $50 million.

Quite a bit of potential reward here for your money.

Labels: OTCBB: UDHI, UDHI, UDHI.ob, Union Dental Holdings, Union Dental Holdings Inc.