|
ui,ui, das sieht sehr schlecht aus. zum glück hab ich noch mit kaufen abgewartet. aber bei 0.04 juckts mich schon noch. RA ist ein lügner und heuchler wie 80% der bosse der Otcbb firmen. das ist nun klar. momentan bei 0.044 (-30%) Houston, TX -- (OTCBB NEWSWIRE) -- October 17, 2001, Rarely has a company developed such a cult following as quickly as Universal Express (USXP: .059) did when they announced a $389 million judgment awarded to the company. Following the original announcement in July, the company has issued a barage of press releases from the company "advising" on how they plan to collect the judgment from Select Capital, Ronald G. Williams and Walter S. Kolker for fraud and conversion for failure to honor previous funding commitments and stock manipulation. The day after the announcement, OTCBB News Network brought readers some important details and hurdles the company may encounter when attempting to collect this debt. Mr. Williams is in a Florida prison serving a nine-year sentence on a state racketeering conviction while Kolker was released from a six-year term about a year ago. Not to mention, the trial centered only on damages after a default judgment was granted to Universal Express. No one appeared in the case on behalf of defendants. While the company cultivated their following of believers, who spread abundant rumors - even multiple dollar buy-outs, some sat on the sidelines with strong skepticism. Now those cynics feel vindicated with the filing of USXP`s annual report. 10-KSB For Year Ending June 30, 2001 (Before the campaign began) Share Structure The company issued 60 million shares in the last quarter for various "corporate matters, including shares for consultants." The company also authorized an additional 100 million shares. Earnings The company generated $1780 in sales for the year ended June 30, 2001, compared to $102,802 for the same period 2000. Universal Express reported a net loss of $2,959,525 (-.06) for the year and $5,726,013 (-.47) for 2000. Loan to Officer As of June 30, 2001 the CEO has an outstanding loan to the company of $887,064. Not including the $591,424 loan made to the CEO`s spouse, who is an employee of the company, which repayment terms have not been "determined." Certainly, these are only a few of the highlights included in the filing. The entire filing can be reviewed at Freeedgar.com. The filing has stirred the pot again, leaving believers and non-believers to battle it out. One thing is for sure; many of the former believers have defected to the other side. Minutes after the opening bell the reaction, at least initially, is to sell. At 9:35 EST, USXP is off .003 (5%), with 103,300 shares traded. |
|
| aus der Diskussion: | USXP (330%)waren Peanuts! Es geht noch besser!?!?! |
| Autor (Datum des Eintrages): | BII-Aktionär (17.10.01 16:41:55) |
| Beitrag: | 17 von 33 (ID:4660133) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |