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RA knows exactly what he's doing. I think simply because he is making this "worldwide announcement" it will NOT be , CAN not be fluff, just my gut feeling. We're going to hear something solid, regardless of the 8K filing or whatever. I think he's going to either do this solo or have one, or a group, of foreign investors with him to confirm all of the funding commitments, which is why he's making this a worldwide event, to make sure the saudi investors are listening.
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NEW YORK, Mar 14, 2006 (BUSINESS WIRE) -- Universal Express Inc. (OTCBB:USXP) announced today, its subsidiary, UniversalPost Network is in the final phase development of the new PostalNation website and data tool for its private postal store members, vendors and consumers. (Screenshots can be found at www.postalnation.com)
"The new PostalNation (www.postalnation.com) website is poised to be the primary search engine for all private postal store product and service needs offered through UniversalPost Network and Universal Express. We have designed this site to aid not only the members of UniversalPost Network, but the vendors, suppliers and public as well," said Robert Weiner, Co-Director of UniversalPost Network.
"Once this initial phase is operational, the next aspect of UniversalPost Network will include full integration with 'Handles-06(TM)'," stated Mariano Guerrero, Co-Director. "Handles-06 is our proprietary and robust in-house data engine that incorporates all divisions' orders, customers, vendors and members information (www.travellighter.com/handles). This will enable members to have increased administrative capabilities over revenue generating programs in conjunction with new tools to improve their productivity and profitability," concluded Mr. Guerrero.
The PostalNation website will be operational and unveiled by the first week of April 2006, corresponding with the National Postal Forum being held in Orlando where UniversalPost Network and PostalNation will be in attendance.
"Developing this private postal trade association when the individual stores neither understood nor saw the long-term benefits of their buying strength and their collective potential and survivability has been an enjoyable and, at times, slow moving journey. But with the growth of luggage delivery, consumer products, courier alliances and technology; today's web site and its creative directors should advance this private postal trade association ahead light years from my original trade association ideas," concluded Richard A. Altomare.
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I think 10 or 15% in a day would be plenty slow and steady... but I think you've gotta expect volitility the day before the big news. Everyone getting in
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For the first 5 minutes of the trading day when it started high and dropped down to near open, the volume was very low, under 15 million. In the past 10 minutes the volume has more than quadrupled and we're on our way up. A good sign, IMO.
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