USXP bald 1-2$!!!? - 500 Beiträge pro Seite

[Musikpalette]

July 25, 2003 Corporate Monthly Update

The FTD Annual Convention resulted in thousands of orders for our cash gift card. Our negotiations continue with 3 transportation companies. Our investors and institutions appear ready, willing, and able and simply stated, these transactions are quite complicated with issues ranging from economics, to transition teams, to egos. So although delayed they are still very much in motion.

Our corporate morale appears strong. New employees and expected interns have added strength to our organization.

Judgment collections are on-going but as agreed with our Florida Counsel, I am bound to simply repeat our often stated phrase, “we believe the judgment to be substantially collectable and possessing a long term tax advantage for our future”.

WorldPost staff have been working on new members, mailings to the stores and the introduction of selected products to introduce to the stores nationwide. This is a difficult assignment given our limited cash constraints and scope of assignment.

Luggage Express continues to grow with as many as 140 quotes a day being given for future trips. Our cost economics for Luggage Express should be lowered so that our 30% booking to quotes ratio will go higher. Recent and future media coverage may enhance our branding efforts.

USXP Capital is presently in discussions with affordable portfolios and the monies are in our bank to purchase. These will help our Capital division to obtain our long awaited warehouse credit facility. This division actually generates in excess of over $4,000,000 in business monthly. We, by accounting rules, can only put on our books the commission we receive for sourcing the origination to companies such as GE Capital. With an appropriate warehouse credit line we can book and hold title to the sales we are now generating.

During the month I have visited with UPS and Airborne, and a FedEx meeting is planned. These meetings are often about rates, services, investment and related industry discussions.

Despite a large short stock position our financial strength, not today’s stock price, will determine our future viability. With approximately 1.8 billion shares trading in the past 120 days and over 114,500,000 trading in Frankfurt Germany our total stock traded exceeds our issued shares. I often wish I could mention the names of our hopefully to be acquired new subsidiaries or our funders. Sometimes our professional shorters harass and demean those mentioned. Furthermore, confidentiality agreements exist and frankly we don’t mind waiting until more shorters confidently march into the ambush that we’ve been planning for years.

Some comments from our employees follow.

“Universal Express Capital continues to develop manufacturer/distributor relationships within the transportation industry sector providing programs to finance the sale of their product. Overall loan/lease production levels for commercial transportation product dipped during the first and second quarters of calendar year 2003 due mostly to consumer apprehension as a result of the situation in the Mid-East, however, interim results for the third calendar quarter have been very strong as a result of optimism from positive trends in the business economic climate in post-Iraq America.”

“Luggage Express continues to find its place in today`s travel market.

Recent exposure on 1010WINS, a NY radio station and a NBC piece on travel, has led to increased call volume and a jump in sales.

Our sales division is undergoing expansion to help with the implementation of new affiliations and partnerships.

Starting August 1st, Luggage Express will be also offered in 193 Samsonite Stores throughout the US.”

“The company`s cash flow has greatly improved over the last quarter and is continuing on an upward trend. The company is currently in the midst of doing its annual 10K reports. Audited financials should be available by the end of September 2003.”

“WorldPost™, the private postal network, is launching a major marketing campaign with two goals in mind. First, to alert the postal store owners of our name change from the Private Postal Network, and second, to market the many new products and services being developed for the postal stores’ benefit, including a number of nationally known marketing partners. Among the products and services in developments are two different FTD programs, a unique Point-of-Sale terminal providing numerous revenue generating services, plus a small business payroll system, and an employee benefits program for both WorldPost™ member’s internal use and resale to member’s business clients.”

“Coming from an engineering background, Universal Express has allowed me to utilize my technical capabilities, as well as, input my creative intuitions on a wide variety of exciting projects. With its “out of the box” thinking, an overall dynamic feel is present among my co-workers. Not only am I put in a comfortable environment with pleasant people, but encouraged to input any suggestions or opinions I might have; the idealistic environment for productivity.”

“Universal Express, Inc. integrated technological advancements that provide an effective and fluid communication system. Installation of high-speed data lines for our network allows faster email communications and electronic delivery of documents improving our communication time between our Executive and Administration offices. These enhancements have improved our access to resources that benefit all subsidiaries from tracking a package, updating our websites or deliver of any printed media. We are developing further advancements in our telephone system and Customer Relations Management system bringing our corporation to the top of the line fulfilling our ever-increasing need for communication methods.”

“Universal Cash Express is pleased to announce that it has officially launched the FTD Gift Card program as of this past weekend. With our FTD Connection partner status, we had tremendous response to our program at the annual FTD convention in Orlando, Florida. We expect to fully integrate this program prior to the Christmas holiday for the participating members’ of this 50,000 worldwide membership association. Additionally, this program creates new opportunities within our group as a result of our partnership.”

“This is an exciting time here at Universal Express and we are delighted to have aboard Undergraduate Business Interns that will get first hand experience in the creative process of advertising and marketing and researching and developing new product services. Real business experience that will not just be read about in a textbook, but cultivated in the actual marketplace. With grad school just around the corner for these interns, priceless advertising and marketing experience in Corporate America will bring these young executives of tomorrow an edge that will be read about in the New York Times and Wall Street Journal.”

During the course of our work, Universal Express employees truly share the collective vision of becoming the type of company that justifies our efforts. This endeavor has taken quite a long time. At times I blame myself, the trading system, our very lofty goals, our diversity, our powerful competition, our liquidity and the defendants that we defeated in Court. Then again, when I regain my clarity of thought, I realize that those same ingredients may bring this wonderful opportunity to all of us. On behalf of USXP, we ask that this monthly update remain just that: not a vehicle to create more interruptions, more clarification or more opinions. Our intention is to update our interested shareholders not to slow down their vehicle called Universal Express. In this monthly non-press releasable update we have attempted something quite new. Events and circumstances often change on an hourly basis. At this moment our update is current.

Your company is much more than any one individual or spokesman. Building something from nothing with nothing is not for the weak of heart. Yet, I believe today more than ever before in Universal Express’ viability, potentiality and exciting years ahead. We dedicate this first corporate update to our executives and dedicated employees as well as our many devoted shareholders.

Richard A. Altomare

[Wallgrekk]

"Starting August 1st, Luggage Express will be also offered in 193 Samsonite Stores throughout the US.”"

"During the month I have visited with UPS and Airborne, and a FedEx meeting is planned. These meetings are often about rates, services, investment and related industry discussions."

[Wallgrekk]

$1 ist nur eine Frage der Zeit!

[chrisgigi]

The USXP family of companies has broadened the nature of the core business by entering the financial services industry via the subsidiary of USXP Capital. A full service, asset based transportation/ equipment lessor, USXP Capital provides capital acquisition funding, in the form of lease financing, to the national business community as well as within the framework of Universal Express other affiliates and subsidiaries.

Leasing is widely recognized as the intelligent choice for financing the purchase of income producing equipment for all industries. Domestic growth of lease financing continues to be impressive.

Today, over 40% of financed purchases are facilitated with leasing capital as opposed to 20% just 10 years ago.

USXP Capital’s dedicated team of professionals has forged strategic alliances with various manufacturing firms within an identified spectrum of markets. The industries they service include, but are not limited to, the following: limousines, livery, small fleets, rental vehicles, local delivery vans / trucks, buses, and aircraft. Programs are designed to serve the needs of the national manufacturer, regional distributor, and local vendor/dealer.

The present day conventional banking environment provides a huge market penetration potential. In light of the many financial mergers and acquisitions in conjunction with a cloudy international banking climate, tighter lending requirements have provided funding opportunities to non-banking groups, such as USXP Capital. A minimum annual projection of lease origination’s of $24,000,000 shall provide a strong growth subsidiary for USXP.

USXP Capital’s management team has a strong production and service background providing a foundation for revenues well in excess of projections.