Univec Stock is trading in the pennies and if you try to buy shares the only place that I was able to was on Charles Schwab, where I had to open an account to prepare to do so. So one might ask, why bother? So as I sit down to write this article I will try to figure that out. Why Univec?
Let’s start with the founder, Dr. David Dalton. Dr Dalton was the first Black pharmaceutical executive in the chain drug industry and seems from all public accounts an awesome highly intwlligent person connected accessible and hard working. He seems to have quite the resume and has been awarded honors yet there is not a lot of press swimming around him. Perhaps process not appearance is his preference, which would be refreshing in today’s culture.
That seems to be how his son-in-law, John Hope Bryant thinks of him in this tribute, Saluting a BE100 Leader https://johnhopebryant.com/2019/09/saluting-a-be100-leader-my-father-in-law-dr-david-dalton.html
“Sometimes greatness is sitting right under your feet. Such is the case with my father-in-law Dr. David Dalton. Talk about greatness under the radar — Dr. Dalton certainly qualifies.”
Dr Dalton was awarded by the International Forum on Advancements in Healthcare in June 2019.
“The International Forum on Advancements in Healthcare (IFAH) has named Dr. David Dalton as one of the “Top 100 Healthcare Leaders” for 2019. The award will be presented in June.”
“Talk about an unsung hero. Dr. David Dalton just may be one of the most impressive African-American business leaders that most have never heard of — and I aim to change all of that. I want the world to know about my amazing, inspiring, brilliant and giving businessman and philanthropist father-in-law — Dr. Dalton.”
“In recognition of his public service, Dr. Dalton has received a Medal of Freedom and an award from the Black Caucus of State Legislators. The Black CEO Hall Of Fame inducted Dalton in 2006 and his hometown in Grafton, West Virginia, has also honored him. He was inducted into the Taylor County School’s Hall of Fame in 2013 and inducted into the West Virginia School of Pharmacy Centennial Hall of Fame in 2014.”
It seems that if not for Dr. Dalton the very many of us would not have a neighborhood Rite Aid. I thank him for that.
“Two decades ago, Dr. Dalton and two other early business pioneers built what the country came to know to be RiteAid.”
The most important thing that warmed my heart, as I write this on Valentine’s Day, was what his son-in-law said about him as a person.
“In addition to being a one of a kind role model father, husband, business leader and entrepreneur in the medical and healthcare fields, Dr. Dalton is just one incredible ‘heart’ of a human being.”
That says a lot. So I continued to research and stumbled upon the site Investors Hangout which outlined an exhaustive and stellar background and list of accomplishments.
I found the site by accident, as google leads us down all kinds of paths, and it seems to be yet another place where people can comment. In full disclosure one user commented back with negativity to the accolade I’m about to list. Kudos to whoever took the time to gather this information.
The company itself seems ( from the doctor’s twitter) to be involved in everything from telehealth to developing the best syrringes to a COVID CBD/Vitamin D transdermal patch. Also the stock has gone from less than a cent to 14 cents this past week, and has had a sharp increase this past Feb. That plus the Doctor’s twitter, and reputation, and his hints and others’ at Univec’s role in the pharmacy vaccine rollout, make this seem like a promising company.
The website https://investorshangout.com/post/view?id=5839921 has done an exhaustive study of his accomplishments listed below:
“About Dr. David Dalton:
The first black pharmaceutical executive in the chain drug industry. Honored as one of the top ten graduates over a 100 year span.
In Four Halls of Fame,
Senatorial Medal of Freedom and Veteran.
He served in several capacities with Rite Aid Corporation including Corporate Vice President. He left Rite Aid Corporation to acquire Peoples Drug Stores with investment Group inclusive of Robert Bass of Texas. Dr. Dalton served as Senior Vice President.
He founded Managed Care Rx merged it with Bergen Brunswick, a drug wholesale company sales in excess of 14 billion.
Health Resources, Inc. for which he is Founder, President and CEO is a national PBM and
Pharmacy Services, Inc. a prescription mail service company.
Health Resources Inc. has been recognized in Black Enterprise Magazine top 100 for over 25 years.
Dr. Dalton is President and CEO of Univec Conglomerate Inc. a public company which manufactures and distributes specialty pharmaceuticals and cannabis CBD.
Physician and Pharmaceutical Services Inc, (PPSI) is the pharmacy sample services division of Univec Conglomerate Inc.
He is Executive Chairman of Wellness TeleMed(Telemedicine) and WellnessRx (Mental Health and Substance abuse clinics)
Dr. Dalton is one of the original members and directors of the National Council of Prescription Drug Programs (NCPDP).
Founder of National Minority Health Association.
He has received national and local recognition by the President and Senate of the United States and Congressional Black Caucus.
The University of West Virginia recognized him as a Distinguished Alumni and again honored him as Outstanding Alumni of West Virginia School of Pharmacy and Outstanding Service recognition to the School of Pharmacy.
Dr. Dalton was inducted into the Black CEO Hall of Fame in 2006.
Honored by his hometown of Grafton, West Virginia as author of city slogan Grafton, West Virginia “ The City where Mother’s Day Began”.
He was inducted into the Taylor County School’s Hall of Fame in 2013.
He was inducted into the West Virginia University School of Pharmacy Centennial Hall of Fame in 2014 and
Selected “Top 100 Healthcare Leaders Worldwide ” by IFAH 2019.
Yet the negativity came back with praise first before the doubt. It left me wondering what was up. If anything.
“Dr. David Dalton, The first black pharmaceutical executive in the chain drug industry. Honored as one of the top ten graduates over a 100 year span. In Four Halls of Fame, Senatorial Medal of Freedom and Veteran. He served in several capacities with Rite Aid Corporation including Corporate Vice President. He left Rite Aid Corporation to acquire Peoples Drug Stores with investment Group inclusive of Robert Bass of Texas. Dr. Dalton served as Senior Vice President. He founded Managed Care Rx merged it with Bergen Brunswick, a drug wholesale company sales in excess of 14 billion. Health Resources, Inc. for which he is Founder, President and CEO is a national PBM and Pharmacy Services, Inc. a prescription mail service company. Health Resources Inc. has been recognized in Black Enterprise Magazine top 100 for over 25 years. Dr. Dalton is President and CEO of Univec Conglomerate Inc. a public company which manufactures and distributes specialty pharmaceuticals and cannabis CBD. Physician and Pharmaceutical Services Inc, (PPSI) is the pharmacy sample services division of Univec Conglomerate Inc. He is Executive Chairman of Wellness TeleMed(Telemedicine) and WellnessRx (Mental Health and Substance abuse clinics).
Dr. Dalton is one of the original members and directors of the National Council of Prescription Drug Programs (NCPDP). Founder of National Minority Health Association. He has received national and local recognition by the President and Senate of the United States and Congressional Black Caucus. The University of West Virginia recognized him as a Distinguished Alumni and again honored him as Outstanding Alumni of West Virginia School of Pharmacy and Outstanding Service recognition to the School of Pharmacy. Dr. Dalton was inducted into the Black CEO Hall of Fame in 2006. Honored by his hometown of Grafton, West Virginia as author of city slogan Grafton, West Virginia “ The City where Mother’s Day Began “ He was inducted into the Taylor County School’s Hall of Fame in 2013. He was inducted into the West Virginia University School of Pharmacy Centennial Hall of Fame in 2014 and Selected “Top 100 Healthcare Leaders Worldwide ” by IFAH 2019
I have trouble believing a man who has accomplished all of this would not keep his word to shareholders. Yes, more communication would be great but I think he’s going for the total shock and awe so I am hanging in there for now.”
So I plodded ahead, looking for information on this obscure man and his company.
Then I found this on Investors Hangout posted in January 2021:
I NEVER KNEW OF THIS HONOR FOR DALTON
UNIVEC President and CEO David Dalton Selected as Honoree by Genetic Disease Foundation
Univec, Inc. announced that President and CEO Dr. David L. Dalton was selected to be honored by the Genetic Disease Foundation for his involvement with the organization and the pharmaceutical industry to treat and prevent genetic diseases.
(PRWEB) APRIL 14, 2002
FARMINGDALE, N.Y. – April 12, 2002 – Farmingdale-based Univec, Inc., (OTCBB:UNVC – news) today announced that President and CEO Dr. David L. Dalton was selected to be honored at the Genetic Disease Foundation’s Gala on June 5, 2002 at Chelsea Piers in New York City. Dr. Dalton is being honored for his involvement with the organization and the pharmaceutical industry to treat and prevent genetic diseases such as Sickle Cell Anemia.
The Genetic Disease Foundation (GDF) was established in 1997 by various organizations, patients and families who had a common goal of supporting research and education to combat genetic disease. The foundation’s primary mission is to fight and prevent all genetic diseases collectively, rather than concentrate on one specific type. GDF has designated the Department of Human Genetics at the Mount Sinai School of Medicine to focus on discovering the causative genes for rare and common diseases and on developing new methods for their prevention and cure.
Dr. David L. Dalton, President and CEO of Univec, stated that, “It is an honor to be recognized by the Genetic Disease Foundation and share in their commitment to help prevent the spread of disease.” Dr. Dalton is also the founder and majority owner of Pharmacy Services, Inc., a certified Minority Business Enterprise that fulfills pharmaceutical and medical supply requirements for government entities, such as correctional institutions, clinics and other healthcare facilities.
Founded in 1992, Univec is considered one of the leading innovators in the design and production of auto-disable and safety syringes. The Company also provides safe delivery of physician samples and disposal of infectious medical waste. The Company has production facilities in Portugal, South Korea, China, Belgium and the U.S., and distributes its products in 80 countries.
Forward Looking Statements
This document contains forward-looking statements based on current expectations that could be affected by the risks and uncertainties involved in Univec’s business. These risks and uncertainties include, but are not limited to, the risks described from time to time in Univec’s reports to the Securities and Exchange Commission, which include Univec’s Annual Report on Form 10-K. Subsequent written or oral statements attributable to Univec or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements in this document and those in Univec’s reports filed with the SEC.
I continued on with my investigation into Dr Dalton and decided to follow him on Twitter. I liked what I saw – he’s a humble man. In the world of Twitter, it’s easy to tell who’s humble and who are outright instigators in disharmony and there are many and counting. One tweet in particular is worth sharing.
“Like – Martin Luther King I have a Dream to provide Financial opportunity. That the “Color” of green will lead to financial security. I hope to be a bold leader for change and enhance the American Dream.”
That impressed me. So I forged ahead and began to research the company. And where better place to start than Reddit? I found that Univec has its own subReddit group. Does that mean anything, I asked myself? My Self has no answer as I am still new to Reddit and untangling the Reddit threads makes untangling the 3 necklaces I wear around my neck easy. But the gist is it’s worth buying at the pennies it’s trading for. And Reddit did play havoc with Gamestop for a week – for those who were savvy enough to jump ship before it sank, enjoy life on Easy Street, for those who held out to prove a point – I would have jumped ship, too. The point of the stock market is to make money. Isn’t it? But I digress.
The Reddit world seems to like Univec. Here are some excerpts in part:
How much longer?
Tell Doc to get his ass in gear
Does anyone have a general idea where this is going beside up?
Hypothetically speaking if you had to say what is the right number to consider selling when this hits…
If they get listed on Nasdaq with future news, they will have a $1/share min requirement. Either they will have to merge shares or price will hit $1 at least.
What’s long term loom like?
Won’t it be 4$ a share tho?
What is your thinking behind that?
Because of how many connections doc has and check out his new tweet
whats up everyone. With just Health Resources. They are worth 200 million. with everything involved i would say min market cap could be at least 1 billion i would think. so maybe $10 share give or take. just my 2 cents
Volume is really low, its my first time buying from otc market. should I wait for it to get on nasdaq?
Is today the DAY?
FYI its super cheap now because its not on NASDAQ. Others like myself have been waiting years for this. There is alsways risk.
People are saying Nasdaq is possible Q1, is this why we saw movement again today?
its coming just a matter when. i pray i have a few more days . for my funds to clear so i can grab another 500K shares.
How much does 500k shares cost
Dr Dalton said uplist within 1st Qtr which is no later than this March but we think this February (imho)
I have been secretly loading this gem yes it’s a low float, yes it’s going to Nasdaq, pennies to bazooka dollars boyz, it’s cheap right now, it’s the real deal, go dd the crap out of it.
Here is a theory for ya relating to UNVC and Nasdaq listing…..remember UNVC was listed on Nasdaq a few years ago…..Dalton filed to become a dark non-reporting company, and relisting on the Nasdaq in my opinion only requires the reverse of this process. This means Dalton needs to produce financials for all years he was non-reporting, proof of revenues, required number of shareholders, and other specifics along with the required form to become fully reporting together with signed attorney letter or letters testifying to the truthfulness and validity of all documents. Presto, Univec would then be back on Nasdaq and he would not have to disclose anything to shareholders until the process is all done and complete. Being a dark and non-reporting company allows him to proceed without the typical disclosures — so no one knows it is even happening.
Keep in mind that a Nasdaq company typically is required to maintain a closing price above $4.00 for a period of at least thirty days, and so most companies list at between $7.00 and $10.00 to prevent any kind of games that could drive the price below that level. I would need to research further to see if any other criteria is required, but I suspect it actually may be this simple.
Now, if other companies are being merged into the conglomerate at this same time, then that could complicate the up-listing, but my guess is all those bases are already covered.
Something to think about while we wait for what could be a life changing event. All in my opinion of course.
Just a matter of time. Going to be EPIC BOOK IT.. I can taste the 🌈
I hear ya bspader…..UNVC Conglomerate epic baby epic
If you buy now, it’s less than 10 cents. If you wait for listing, it will be $4 minimum. If you place orders at market price, they will usually go through.
The company will need to have a valuation to determine the stock price at listing. If they have 180 million shares outstanding, then we would need around a $900mm valuation in order to be worth $5 per share.
US Gov’t is going to start distributing COVID vaccines through retail pharmacies (Rite Aid, etc) starting on 2/11. I have a feeling Physician and Pharmaceutical Services (UNVC subsidiary) could be a player in this.
is it possible for UNVC to reach 1 dollar before March?
Maybe this could be the week.??? We know first quarter.
Picked up a few more shares this morning. Going to BE EPIC BOOK IT..
I’m buying a couple more shares tomorrow didn’t have a chance to do it today
either way 1st Qtr NASDAQ…the massive buying/Volume) for the month of JAN/FEB is staggering… maybe a few social media/message board people have bought a few shares at these levels but my bet is majority is from the outside world buying..this is mega money at these levels…
True I hope we reach our goal
People are accumulating and not selling, this stock will fly soon!
is this dr david dalton guy real? is he actually responding to emails? haha
he sure does…to many longs…hahaha
Let’s turn this mutha out loading and holding strrrooooong going to be epic got to get in it to win it Book it.
Heavy loading still. looks great. Could be the last couple days to load. Supposedly Q1 I can taste the Rainbow. Tastes like $100 bills. LMAO
yeah man…every day goes by a day closer and a day less to buy your shares lol…going to be beautiful
New to UNVC. What’s the consensus on this? Everyone says nasdaq but they’re not listed high enough to be on it. How would that work?
CEO has stated Uplist/Nasdaq by 1st Qtr.. Jan thru March.. years ago company was already Nasadaq read my previous post on this subject..plus there is much more the DD is expansive of what Dr Dalton is accomplishing or has accomplished
Even at a 10 to 20% increase most days. This is a no brainer. Im holding for $4 or more. UNVC will be EPIC BOOK IT…
What other stocks do you think there good to invest in?
Just bought 130,000 more shares
Have 150,000 additional waiting to be filled right now. Let’s get some volume on this
Great time to buy the DIPS. UNVC will be EPIC BOOK IT.
Okay, that’s encouraging! And then somehow I stumbled upon this. The internet is truly amazing. Whatever would we do without it? This coming from someone who grew up before cell phones! This press release is trending on Reddit and Investors Hangout, both:
They are speaking my language! It’s no secret I’m a strong proponent for the sacred plant and I am in full support of medicinal cannabis and adult use cannabis, now that you are asking. You didn’t ask? I’m offering. I am happy to see that Univec is progressive in their approach to wellness.
So I kept going, looking for more clues as to why I should not buy this stock. I’m leaning to the ‘buy’ column – why not, it’s only 14 cents. How much could I lose, if I start low and go slow as we say in the psychedelic world?
I found this analysis on https://www.macroaxis.com/performance/UNVC/UNIVEC-INC
which did not convince me not to buy but somehow I think it should have:
“The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let’s try to break down what UNIVEC’s beta means in this case. the returns on MARKET and UNIVEC INC are completely uncorrelated. Although it is extremely important to respect UNIVEC INC current price movements, it is better to be realistic regarding the information on equity historical returns. The approach towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By examining UNIVEC INC technical indicators, you can now evaluate if the expected return of 0.0% will be sustainable into the future. UNIVEC INC currently has a risk of 0.0%. Please validate UNIVEC INC coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if UNIVEC INC will be following its existing price patterns.
Over the last 30 days UNIVEC INC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong technical and fundamental indicators, UNIVEC INC is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.”
I kept exploring. If I’m going to lose 14 cents a share I want to be okay with it. So yet again, the internet proves invaluable and https://simplywall.st/stocks/us/healthcare/otc-unvc/univec
did a risk analysis:
These are the highlights:
It takes a lot to convince me not to do something. Is that the emotional part I’m supposed to check at the door when it comes to investing? I kept researching. And stumbled upon yet another forum for discussion that showed enthusiasm https://finance.yahoo.com/quote/unvc/community/
Oops! The last SEC filing was 11 years ago? Is that like forgetting to do your homework? What’s that about? Is that something to be worried about? I trudged on. I found the ten year old filing in the government archives. https://www.sec.gov/Archives/edgar/data/1029825/000114420410059355/v202035_10q.htm
I even found a UNIVEC database in the National Center for Biotechnology Information https://www.ncbi.nlm.nih.gov/tools/vecscreen/univec/
Then I stumbled upon yet another website, probably the last one, with both big announcements a stark warning at the end shying investors away from this company of few employees, leaving me to try to reconcile how a man who seems so honorable can elicit such a blatant alert: https://investorshub.advfn.com/Univec-Inc-UNVC-1802/
I was impressed by the announcement of board members with connections to John Hopkins and Merck to the Univec board.
So in one last attempt to convince myself that this company has worth and as I wrap up this article I did one more basic search to understand the importance of the work they do and found an easily understandable description on https://finance.yahoo.com/quote/UNVC/profile/
“Univec, Inc., through its subsidiaries, produces, licenses, and markets medical products in the United States and internationally. It primarily provides auto-disable and safety syringes. The company offers 1 cc AD-syringe for aspirating and non-aspirating applications, which are used for dispensing dosages of allergy, immunization, and insulin medicines. It also manufactures and markets sliding sheath syringes that are designed to protect patients and healthcare workers from needle stick injuries; and bifurcated needle safety syringes, which are used in administering smallpox vaccines in response to bio-terrorist threats. Univec markets its auto-disable syringes and sliding sheath safety syringes to private hospitals, health facilities, and distributors in the United States, as well as to governments of developing countries. In addition, it assists pharmaceutical companies in marketing, fulfillment, and tracking drug samples via an online system connecting pharmacies and managed payment providers. The company was founded in 1992 and is based in Baltimore, Maryland.”
And that convinced me that perhaps I should give this unassuming man the benefit of the doubt and what is the worst thing that can happen if I start low and go slow: I lose a hundred or so dollars on 14 cents a share? Safety is a good thing and it seems like the need for syringes will be around for a while.
Author: Sherri Margolin (Dark Matters)
Disclaimer: Absolutely nothing you read in here should be taken as investment advice. The discussion of securities and ideas is never to be considered a recommendation to buy or sell any. Always do your own due diligence.