quote:Originally posted by blacklab669: Great stock to own at this pps.Undervalued right now.Well see whos right...
Undervalued? Based on what? How is a company that continually loses money run by a fluff pr pumper undervalued? You may like this worthless stock, but undervalued is quite a joke. Care to provide some dd to support such an outrageous claim?
He has been charged in the past for SEC violations and is currently in appeals court over it. He said several months ago he had $40,000,000 in loan from a Dubai lender and it was in new york waiting for paperwork to be complete. That was in April I think. I'm in Texas and could have walked to New York a few times since he srpread that lie.
He said he won a multi million $ lawsuit that would benefit shareholders yet never once provided the case number or court where the trial supposedly was.
There are numerous other lies this owner has dumped on unsuspecting people who continually see this as a good stock and a good investment. Any one who has been around any length of time or has done any dd on this will tell you to run, run like the the wind away from this loser.
Posts: 2132 | Registered: Sep 2004
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quote:Originally posted by blacklab669: Great stock to own at this pps.Undervalued right now.Well see whos right...
Undervalued at this PPS ???
I thought the PPS is what the shares are worth right now, based on supply and demand.
-------------------- Insanity: doing the same thing over and over again and expecting different results Posts: 491 | Registered: Jun 2006
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posted
USXP Announces Agreement To Purchase Jacksonville, Florida `Megastation' Oil And Gas Distributor Jul 19, 2006 8:58:00 AM Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--July 19, 2006--
Universal Express Inc. (OTCBB: USXP), has announced the signing of an agreement to purchase Jacksonville Oil Company LLC, a North Florida oil and gas retailer. The company, located in Jacksonville, is comprised of eight super stations that include both mini-marts and numerous co-branding agreements. In calendar year 2005, the Company had in excess of $20,000,000 in gross sales. The first 2 quarters of 2006 shows a substantial increase over the same time period of 2005.
"At current levels," said Richard A. Altomare, President and CEO of Universal, "we will see a benefit in excess of $1,000,000 in EBITDA from this purchase."
The purchase price is $15,800,000, subject to the Company obtaining an appropriate first mortgage on the properties. An escrow deposit of $250,000 was paid by the Company, subject to the completion of due diligence within 90-days.
"The acquired company is one of the best-managed, cleanest, high-tech operations we saw in viewing potential acquisitions in this industry," said Mr. Altomare.
Universal Express Inc. has targeted the fuel distribution sector recently as a result of its decision to vertically integrate its luggage delivery, courier, and aircraft operations. In March of this year the company announced a letter of intent to purchase a large, South Florida-based retailer and "jobber." This acquisition is pending.
"We expect to affect a substantial increase in revenues from the Jacksonville properties and through the introduction of some of Universal's existing services and products into the stations," said Mr. Altomare. "Further, as our Florida presence grows we want to introduce the same corporate and community responsibility here as we have in corporate central as well as our other subsidiaries and partners," he further stated.
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. Investor Relations Mark Falk 631-588-1644 publicrelations*usxp.com
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Oh snap! This might be the thing to make this thing fly like last year. Who knows if its real or not but I'm in!
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
Watch this PR drive the pps down some more. RA's BS pr's like this one do that.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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Why do you continually bash this stock? What is your real agenda? Do you own this stock? If so, why would you want this stock to go down other than to buy more?
Posts: 8 | Registered: Jun 2006
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posted
I am new to these message boards. Blindmellon and amswap make very good points about the real strength of usxp but for what purpose? Don't we all make money if this stock go up? Why are you even on this message board if you are going to try to convince people to sell and get out of this stock? I don't get it.
Posts: 8 | Registered: Jun 2006
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posted
I really could care less if the PR's are real. All I care about is that the stock goes up so I can sell a few million shares and make money just like I did when it went up to .04 a few months ago.
Posts: 8 | Registered: Jun 2006
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posted
Just do some real DD and you'll get the picture.
I am in this stock and want it to go up..BUT until RA actually follows through with ANY one of his BS 'deals' the future looks grim.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
They are just telling ppl to be very careful because a lot have been burned by RA Bullsh*t and left holding a bag
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Any other stock and a PR like this one would cause a run.
BUT the response here just shows how RA has lost all credibility.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
Yea i agree. But the thing thats confusing is that this company has been around for 22 years. Luggage express and Madpackers are actual real operating companies. I'm not sure if all this Oil stuff is real or not, but i do not doubt RA 100% at all.
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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RA couldn't move this stock now even if he had actual proof that he found the Holy Grail...lol.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
I don't know much about this company but i can say if i see a GAP UP one of this days, i will buy, might be a good run here.
Posts: 4112 | Registered: Jun 2006
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posted
Just listened to the interview. Nothing really new. He did sound alot more confident though with the middle east money....maybe this guy is serious after all. Highlights
- how well luggage express and madpackers are doing. - how they have enough capital ($3 million) to work with acquisitions - how middle east funding is still in process and once they have it will help them purchase a $240 million oil and gas company
Posts: 1128 | From: Houston, TX | Registered: Feb 2006
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posted
What about all the shorting of this stock,he said they will be held accountable for their naked short selling.Have faith in the judicial system.Definetly sounded upbeat...
-------------------- RLB Posts: 205 | From: NY | Registered: Oct 2005
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-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
If this don't start to going up this week i might forget about USXP for a while and if it does go up i am in.
Posts: 4112 | Registered: Jun 2006
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USXP CEO will participate in a luggage security webcast with Air transport world "TOMORROW" JULY 27 OF 2006
Posts: 4112 | Registered: Jun 2006
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Universal Express Defeats Zimmerman Advertising Claim 08/09/2006 12:45 Universal Express Inc. (OTCBB: USXP), prevailed against and finally terminated all claims involving Zimmerman & Partners Advertising after a series of New York courtroom motions, defeating Zimmerman and its parent Omnicom Group's faulty claims to position themselves for monies that were not right or proper. See New York Supreme Court Index No. 602019/05 and United States District Court, Southern District of New York Case No. 1:05-cv-06169 (DAB).
"After being misrepresented by this advertising agency which even falsely claimed to a newspaper that it didn't represent us (LINK), then billed excessively and didn't perform, Universal Express was maligned, and even regularly attacked by Mr. John Fakler of the South Florida Business Journal, who either was duped or collaborated in this corporate character attack with the Zimmerman Agency," said Chris Gunderson, General Counsel of Universal Express, Inc. (http://southflorida.bizjournals.com/southflorida/stories/2005/04/04/ story5.html) (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
"Today, Zimmerman's ludicrous claim was dropped and once again Universal Express stood up to injustice, defeated a non performer and saved the $135,000 claim by Zimmerman's company," said Richard Altomare, CEO and Chairman of Universal Express, Inc.
"Zimmerman's self-anointed integrity and inaccuracy couldn't stand up to Universal Express' sobriety and truth," concluded Mr. Altomare
"Now we will begin our case for an apology from the South Florida Business Journal," concluded Mr. Gunderson.
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. Wednesday August 9, 2006 3:46pm ET -- U.S. Markets Close in 14 minutes
Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive Data. Terms & Conditions.
-------------------- "What we have here is a failure to communicate". Posts: 226 | From: TX | Registered: Jun 2006
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posted
Altomare is not one to be discussing people making false claims. Just where is that Dubai money?
Posts: 90 | From: Minneapolis | Registered: Jan 2006
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posted
What's going on now? Probably MM manipulation again.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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posted
Future bag holders are driving this up IMO.
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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