posted
NEW YORK--(BUSINESS WIRE)--Aug. 18, 2005--Universal Express Inc. (OTCBB: USXP - News), announced today its subsidiary UniversalPost Network and Total Identity Corp ("TIC") (OTCBB:TIDC - News) and its wholly owned subsidiary, Yard Sale Drop Off(TM) ("YSDO"), a trading assistant and Power Seller with eBay (NASDAQ:EBAY - News), has entered into an exclusive agreement to market the YSDO online auction solution to UniversalPost Network members.
In April 2005 YSDO and UniversalPost Network entered into an agreement to leverage the independent postal centers throughout the United States. A key aspect of the alliance was to offer discounted shipping rates to YSDO members. Now, in addition to offering standardized discounted shipping rates to YSDO members through UniversalPost, YSDO will be offering its auction solution directly to the postal network members.
This change will enable the postal centers to generate additional revenue from their existing location without having members agree on a standardized shipping rate. This is a complete business in a box concept where a licensee can be in business almost immediately after being processed by YSDO. There are no credit checks or build-out delays and unlike eBay, where it is almost impossible to speak with someone if you have any questions, licensees will have a direct help line they can call for assistance. Furthermore, if someone was looking to go into a franchise business in a certain location, but was unable to because that territory was already taken, now is their chance. YSDO licensees will be limited by zip code and population.
"Offering discounted shipping rates through UniversalPost and offering stores the opportunity to become part of YSDO auction solutions will help stores increase their revenue, and their store value. With the increased sales and shipping demands we've all seen through eBay and Yard Sale Drop Off, increased locations are necessary to create a more efficient auction industry. The flow of goods from buyers and sellers has and will continue to increase, and UniversalPost and private postal stores are in the right position to help the industry grow," said Richard A. Altomare, CEO and Chairman of Universal Express, Inc.
-------------------- Greedy Because I'm Broke!!
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quote:Originally posted by Neptunetrader94: but the price is starting to build fatso
Yes! Yesterday it started moving past .0021, which is nice, but I wonder how much "good news"--and HOW good--it will take to see the price really move. Two years ago it went as high as $.13, so I just wonder whether the news can get good enough this year for it to approach that level. Why sell now if I can hang on and make more?
posted
I've been watching this for a while seems to have pretty strong support at 002 so i don't see it dropping...only one way it can go imo..and yeah these guys put out a pr every day sometimes more than one a day...thats better than not getting any but what we need to see is pr's mentioning we're doing x which will make us x amount of dollars..then she'll fly
quote:Originally posted by Chas35: I've been watching this for a while seems to have pretty strong support at 002 so i don't see it dropping...only one way it can go imo..and yeah these guys put out a pr every day sometimes more than one a day...thats better than not getting any but what we need to see is pr's mentioning we're doing x which will make us x amount of dollars..then she'll fly
glta
So is that sort of thing something we have to trust the company to report, or is it up to the brokerage firms to say buy/hold/sell, reflecting that deal? For all the hype the company puts out (today specifically) about "We are getting media attention", I have not noticed a thing about them.
The Coalition for Luggage Security Receives International Attention FRIDAY AUGUST 19, 2005 11:49 AM BusinessWire NEW YORK August 19 2005 (BUSINESS WIRE) The Coalition for Luggage Security today announced it has received international recognition from an English based publication, Cargo Security International, which provides a unique source of information for transportation and security professionals worldwide. "An article posted on their website, and soon to be in their latest print publication, will help bring about more recognition for the Coalition for Luggage Security, and we believe it will help increase our membership numbers, our exposure, and our solutions to an ever growing problem on an international level," said Harvey Abelson, Director of the Coalition for Luggage Security. Article link: http://www.cargosecurityinternational.com/free.asp?id=5392 Ian Taylor, the Editor of Cargo Security International, has applauded the Coalition for Luggage Security for moving forward the debate on luggage and cargo screening. "For international terrorist groups, the aviation industry will always be a prime target. Since 9-11 everyone is watching the skies, so any attack on an airplane is guaranteed global media coverage. We can never make air travel completely safe, but we should do all we can to make planes, their passengers and cargo less vulnerable. Any initiative which makes the terrorists' job harder should be welcomed and considered." said Mr. Taylor.
Universal Express Announces National Media Coverage FRIDAY AUGUST 19, 2005 8:30 AM BusinessWire NEW YORK August 19, 2005 (BUSINESS WIRE) Universal Express Inc (USXP) announced today that it is pleased to provide its latest media coverage statistics. This information was provided to Universal Express by its media partner TVA Productions. As of July 29, 2005 an article regarding safer travel while minimizing hassle has been printed in 372 newspapers in 19 different states with a readership of 10,700,976. Also there have been 460 radio spots broadcasted in 39 states to an audience of 35,368,477. Newspaper Statistics: http://www.napsreport.com/goddard.r07448.html Radio Statistics: http://www.napsreport.com/2237_goddard/63354.html "Universal Express is starting to see our concerns about traveler safety being echoed by media outlets across our country," stated Richard A. Altomare, Chairman and CEO of Universal Express. "This coverage both concisely and eloquently points out that safety doesn't have to be inconvenient. Further, it calls into question the method and costs currently being both authorized and spent by our government. This media support of our creative thinking and vision emboldens our employees and shareholders as we continue to march forward to change the current transportation paradigm." "Had we wanted to purchase this type of media coverage, it would have cost the company over $269,000, but the obvious value and concern of this information during a time of heightened security, and long lines at security points at airports speaks for itself through the national interest it has generated on its own," concluded Mr. Altomare.
quote:Originally posted by Chas35: I've been watching this for a while seems to have pretty strong support at 002 so i don't see it dropping...only one way it can go imo..and yeah these guys put out a pr every day sometimes more than one a day...thats better than not getting any but what we need to see is pr's mentioning we're doing x which will make us x amount of dollars..then she'll fly
glta
Chas, I see what you mean about attention pushing the stock. 80million shares of USXP already today, and 125million yesterday. The day before that only 24million traded.
posted
yep..but this company has over a billion shares out there if I'm not mistaken..thats why it's so hard to move the pps...pretty easy to get shares. All that trading and it's barely budged lol. Still seems like a good entry point imo chart looks great
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quote:Originally posted by Chas35: yep..but this company has over a billion shares out there if I'm not mistaken..thats why it's so hard to move the pps...pretty easy to get shares. All that trading and it's barely budged lol. Still seems like a good entry point imo chart looks great
Then how many shares were outstanding a couple of years ago when the pps was over a dime? If the number has not increased substantially and so much "good news" is coming out, maybe we can dream of it going over a penny per share.
Universal Express Inc., announced that its balance sheet for its fiscal year ending June 30, 2005, has substantially improved over its previous fiscal year.
Total stockholders' equity increased to $856,865 for fiscal 2005 from $74,763 for its fiscal year ending June 30, 2004, an increase of over 1100%.
Total assets increased by $350,700, while total liabilities decreased by $431,400, compared to fiscal 2004.
During the current fiscal year the Company paid off a $400,000 loan.
Net operating expenses decreased 64% from $7,352,301 for fiscal 2004 to $4,888,403 for fiscal 2005. Net operating loss decreased 14% from $4,576,965 for fiscal 2004 to $3,957,394 for fiscal 2005.
"As a growing company not all of our revenues have caught up with the June fiscal numbers. We're pleased with the progress, and we anticipate continued growth as our company matures," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
-------------------- Making money... one penny at a time
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