posted
Tough to say, because if this thing gets past .0007 today/tomorrow ... check the L2s, the sky is the limit.
Posts: 412 | From: NYC | Registered: Aug 2005
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posted
Four reasons I'm really liking this stock, even with the large o/s:
1) As Universal Express develops, grows, and discusses its New York Stock Exchange tender offer, its newest funding proposals from the Middle East, and its 100,000,000 Euro program; I invite forward moving questions, and shareholder questions," said Mr. Altomare.
2) Universal Express Inc. (OTCBB: USXP), although not invited to the Air Net meeting scheduled for today, once again, repeats its standing offer of substantially more per share than the existing foreign offer of $4.55. "Our $6.15 offer after a shortened due diligence period is sincere and ready to proceed," said Richard Altomare, CEO and Chairman of Universal Express, Inc. ----------------- This really takes confidence in one’s company and future plans. -------------------------- 3) "It is our plan to add two airline acquisitions to our proposal adding over $40,000,000 in increased revenues and seasoned, successful, existing management in both the charter and cargo air sectors to Air Net," continued Richard Altomare.
4) As the proformas have now been created by the Investment Banking Firm, we are able to project that Universal Express should generate approximately 61,510,000 Euro in profits from this contract," said Alfredo Walker, Project Manager.
Huge. Have a good weekend all! Looking forward to running up towards Wednesday!
Posts: 412 | From: NYC | Registered: Aug 2005
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Universal Express Addresses AirNet Systems Press Release Concerning Its Previous Buyout Status 12/16/05
NEW YORK, Dec 16, 2005 (BUSINESS WIRE) -- Universal Express, Inc. (OTCBB: USXP), addresses AirNet Systems, Inc. (NYSE:ANS) Press Release today entitled, "AirNet Systems, Inc. Announces Termination of Letter of Intent." AirNet Systems Press Release can be found at http://biz.yahoo.com/prnews/051216/clf024.html?.v=32
According to its release AirNet "today announced that it has been unable to reach a definitive merger agreement with the private equity investment firm that entered into a letter of intent with the company on October 26, 2005. As a result, the Special Committee of AirNet's Board of Directors has allowed the exclusivity period with the firm to expire. As previously disclosed, AirNet entered into a letter of intent for the sale of the company to the nationally recognized private equity investment firm in a going private transaction. Pursuant to the terms of the letter of intent, the private equity investment firm had exclusivity until December 15, 2005 to complete its confirmatory due diligence and execute a definitive merger agreement."
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.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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posted
2 good PR"s and it barely moves. I heard too much dilution.Can someone explain the massive trades but MM'S stack the ask?How can it move with the dilution/float so high?
-------------------- Organizations are perfectly dezined to get the results that they get. Posts: 190 | From: Houston,Tx | Registered: Jan 2005
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posted
It will take time to move the stock, but the key is in the valuation. * .0005 the market cap is around 1.6 million dollars- given all the things going on with USXP now a fair market cap would be 8-10 million IMO- which equates to .0025 - .003
Posts: 28 | Registered: Nov 2005
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posted
Or if you'd like to take it even further, lets value the stock at the contract rate, lets say $60,000,000 net to the company, gives you a share price of .0185 Posts: 28 | Registered: Nov 2005
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posted
I agree on this, true, large share structure right now. But these things move on proportionate buying pressure just like anything else.
FCDH last week, large a/s & o/s as well. I took a double on that, and that was too early. It might still be on a run, but I moved over to USXP here because the guaranteed income coming in here has a lot of potential.
Or forget about potential, just looking at a fair market cap valuation ... this is a great entry right now. JMO.
Posts: 412 | From: NYC | Registered: Aug 2005
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If AirNet accepts USXP's offer, this thing will explode. USXP is offering substantially more/share than AirNet's previous offer. Now that AN has opened up talks, if they find USXP's offer to be valid ... then this will be the cheapest lottery ticket on the market.
The 700+ mil in volume on Friday bodes well. Possibly a lot of informed buying.
Posts: 412 | From: NYC | Registered: Aug 2005
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posted
I'm sorry if this has been discussed, but where is USXP going to get the money to buy airnet at six dollars and change per share? also, the time period has expired as of the 15th... the deal is off it would apear?
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
Another company was making an offer, which expired so it opens the doors wide open for USXP. I believe USXP has stated they have funding approved for the acquisition in a prior PR
quote:Originally posted by RiescoDiQui: I'm sorry if this has been discussed, but where is USXP going to get the money to buy airnet at six dollars and change per share? also, the time period has expired as of the 15th... the deal is off it would apear?
quote:Originally posted by Akira_Lapin: The specifics on this are very simple:
If AirNet accepts USXP's offer, this thing will explode. USXP is offering substantially more/share than AirNet's previous offer. Now that AN has opened up talks, if they find USXP's offer to be valid...then this will be the cheapest lottery ticket on the market.
The 700+ mil in volume on Friday bodes well. Possibly a lot of informed buying.
How does the AirNet deal make it certain that USXP will make money?
posted
Accumulating a large company like AirNet with proven assets is huge.
ANS currently has a market cap of $37+ mil.
"It is our plan to add two airline acquisitions to our proposal adding over $40,000,000 in increased revenues and seasoned, successful, existing management in both the charter and cargo air sectors to Air Net ..."
Posts: 412 | From: NYC | Registered: Aug 2005
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quote:Originally posted by Akira_Lapin: Accumulating a large company like AirNet with proven assets is huge.
ANS currently has a market cap of $37+ mil.
"It is our plan to add two airline acquisitions to our proposal adding over $40,000,000 in increased revenues and seasoned, successful, existing management in both the charter and cargo air sectors to Air Net..."
Thanks for your response. Wouldnt USXP still have problems, though, by taking on so much debt in buying that company? Does AirNet make enough on its own that the new combined company would be profitable?
posted
It would be a matter of expasion on USXP's part, yes.
ANS has a one-year return of slightly over 10%, so they have been able to maintain profitability.
The play here is on USXP's proposal to add 40 mil in revenues, plus a 100 MM euro deal in an attempt to secure capital that will outweigh any financing.
If it all hits, it will hit big. IMO, definitely worth my time, energy, and $$.
Posts: 412 | From: NYC | Registered: Aug 2005
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quote:Originally posted by Akira_Lapin: It would be a matter of expasion on USXP's part, yes.
ANS has a one-year return of slightly over 10%, so they have been able to maintain profitability.
The play here is on USXP's proposal to add 40 mil in revenues, plus a 100 MM euro deal in an attempt to secure capital that will outweigh any financing.
If it all hits, it will hit big. IMO, definitely worth my time, energy, and $$.
That sounds great. Why did USXP get turned down before and what is preventing the sale now? Do the AirNet shareholders have doubts about USXP? Do you have any idea when the deal could get done, and would approval of the deal mean an instant boost to the USXP pps?
ANS has not accepted USXP's offer, which has been reiterated, and will be done so again during the shareholder webcast on the 21st.
Are there doubts about USXP from AirNet's end? Not sure, but what I do know is that there were definitely doubts with the unnamed private equity firm, so now I'm sure ANS will be receptive to other offers.
Would approval mean instant increase in pps? Who knows? That's a fair guess, tho.
Posts: 412 | From: NYC | Registered: Aug 2005
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posted
whats up, anyone got any news on this thing, not to long ago it was in the pennies, lookin for a cheap lotto ticket to throw some spare cash at and see if it grows, any thoughts?
-------------------- jesus mickey you've got liberia's deficit in your front pocket, and your cryin over 500 quid? Posts: 244 | From: des moines, iowa | Registered: Feb 2005
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posted
Universal Express Offers Carmen Electra One Year Luggage Service
December 19, 2005 13:02:01 (ET)
NEW YORK, Dec 19, 2005 (BUSINESS WIRE) -- Universal Express, Inc. (USXP, Trade), today offered Carmen Electra free Luggage Express service due to her complaints of continued airport patdowns. Reference:(http://www.contactmusic.com/new/xmlfeed.nsf/mndwebpages/ electra%20annoyed%20with%20constant%20airport%20searches). (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)
"Some passengers may be targeted for various reasons more than others, but our Luggage Express service eliminates most of the privacy intrusion and issues," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
"Luggage Express picks up your luggage at your home and delivers it to the end destination without the worries or concerns of past air travel. Although Ms. Electra's situation may highlight similar feelings of non-celebrity passengers; we at Luggage Express, the chosen service for last year's Oscar nominees, treat every passenger as a celebrity," concluded Mr. 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.
Universal Express, Inc. Mark Falk, 631-588-0263 publicrelations*usxp.com Copyright Business Wire 2005
Posts: 1632 | From: NJ | Registered: Nov 2005
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quote:Originally posted by Jelly: Universal Express Offers Carmen Electra One Year Luggage Service
December 19, 2005 13:02:01 (ET)
NEW YORK, Dec 19, 2005 (BUSINESS WIRE) Universal Express Inc (USXP Trade) today offered Carmen Electra free Luggage Express service due to her complaints of continued airport patdowns.
posted
Universal Express (USXP) Re-Submits Two Proposals For AirNet Systems (ANS) Tuesday December 20, 12:25 pm ET
NEW YORK--(BUSINESS WIRE)--Dec. 20, 2005--Universal Express Inc. (OTCBB: USXP - News). At 11:30 today, Universal Express presented a new proposal for AirNet's acquisition involving only cash or cash plus warrants and stock. The terms of this proposal will be presented after acceptance or rejection by AirNet's investment banker. ADVERTISEMENT
"Universal Express and its funding sources also indicated that they are willing to utilize the Holiday Season to complete its 20 day due diligence and the necessary funding," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
"Updates on this matter will follow when events dictate," concluded Mr. 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.
Contact: Universal Express, Inc. Mark Falk, 631-588-0263 publicrelations*usxp.com
-------------------------------------------------------------------------------- Source: Universal Express, Inc.
-------------------- Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance. Posts: 1679 | Registered: Oct 2003
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