posted
World's Largest Jackson Family Memorabilia Collection Purchased By Universal Express
Nov 29, 2006 14:19:31 (ET)
NEW YORK, Nov 29, 2006 (BUSINESS WIRE) -- Universal Express, Inc. (USXP, Trade ), today announced a l0,000 plus piece collection of Jackson family memorabilia including all Thriller costumes, platinum and gold records, photographs and countless personal documents has been sold today to Universal Express ( www.usxp.com ) and some of its entertainment partners.
"The biggest known Jackson Music and memorabilia collection ever amassed was purchased with plans to insure for up to $50,000,000 with a planned auction to be announced at the appropriate time," said Richard A. Altomare, Chairman and CEO of Universal Express.
"The Jackson family had meticulously gathered this over 10,000 piece memorabilia collection for decades and planned to decorate a chain of entertainment restaurants, but lost the collection in a protracted 6 year legal battle with former New Jersey partners.
"The historical items which include hundreds of items from each Jackson family member have been secretly moved to an undisclosed location for preparation and media viewing.
"Due to the perceived value of the Jackson platinum and gold records and master recordings with numerous unheard and unreleased masters of some Jackson songs never presented to the public; we have obviously begun guarding the collection 24 hours a day.
"In my opinion, we have far too many personal and intimate papers, sketches, diaries, notes, costumes as well as gifts from other notables to not present them in the most professional and meaningful light.
"After this collection was authenticated, legal ownership verified, and approved by our entertainment experts; I enthusiastically purchased the collection," Mr. Altomare further stated.
"Initially, when this acquisition opportunity was presented; I balked due to this unique venue which did not represent our core businesses. However, the possibility of such a revenue windfall for our shareholders and subsidiaries caused some reflection and a reminder that making money always resembles any core business. Since a developing company raises monies and incurs debt to build its infrastructure, this 'once in a lifetime' opportunity will generate additional funds necessary to further build our core businesses and further enhance dramatically our worldwide corporate branding.
"The Jackson memorabilia collection and the worldwide interest may result in one spectacular auction, a museum or individual offer for the entire collection, or an E-Bay on-going income stream from the collection. In all cases, the music value and the balance sheet asset base of this investment added to our current balance sheet along with the worldwide publicity and branding clearly outweighed passing on this opportunity.
"In any event, the collection long rumored about is now in professional and responsible hands and the public will soon be reintroduced to the memorable and innocent Jackson years and maybe have answers to many unanswered 'behind the door' questions that these formative family effects may help to crystallize or to enlighten," concluded Richard A. Altomare.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com .
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Universal Express, Inc.
Kingdom Entertainment Chip Quigley, 212-947-2595 KingdomET*aol.com
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
OMG>>> What idiots, buying that Jackson junk. If I ever did buy that crap I sure would not tell the world. LMAO
Posts: 115 | From: Michigan | Registered: Feb 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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LOL this kind of news coming from a company that made me a half mil earlier this year. Sad state of affairs. ROFLMAS
Posts: 395 | From: south dakota | Registered: Nov 2006
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posted
Universal Express Presents Jackson Family Memorabilia
Dec 8, 2006 14:30:05 (ET)
NEW YORK, Dec 08, 2006 (BUSINESS WIRE) -- Universal Express Inc. (USXP, Trade ), previously announced it has acquired Jackson Family Memorabilia. Today, Universal Express presents, in part, the memorabilia listings, photos, and some master recordings that are part of the Collection.
To view the listing, item photos and the master recording listings online, please go to www.usxp.com/jackson . This is a view of the largest Jackson Family Memorabilia collection in the World. A more advanced site is being prepared in anticipation of our soon to be announced auction schedule.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com .
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Universal Express Inc.
Universal Express, Inc. Mark Falk, 561-367-6177 publicrelations*usxp.com
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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I think they left off one swedish made ***** enlarger on that list, oh wait thats not his baby.
Posts: 1097 | Registered: Jun 2005
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NEW YORK, Dec 11, 2006 (BUSINESS WIRE) -- Universal Express Inc. (USXP, Trade ), today announced, Mr. Richard Altomare, CEO of Universal Express, has arrived in Saudi Arabia for multiple high level follow-up meetings with prominent Saudi leaders of industry. A formal announcement of those meetings will follow after Mr. Altomare's return to the United States.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Universal Express Inc.
Universal Express, Inc. Mark Falk, 561-367-6177 publicrelations*usxp.com
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
Hahahaha......this company is such a joke. They pulled all this crap last year same time. There is no dealing with the Saudi's or any middle east company...they are just trying to fool new investors.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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quote:Originally posted by megahead34: Hahahaha......this company is such a joke. They pulled all this crap last year same time. There is no dealing with the Saudi's or any middle east company...they are just trying to fool new investors.
Of course this is all my opinion since i was an investor with this company last year.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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