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SkyShop Logistics, Inc. (SKPN)

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SkyPostal is an international mail distribution company that specializes in offering hand delivery of mail and periodicals into Latin America.

Our Mission is to provide our customers with a consistent, secure and reliable mail delivery service of the highest standards into Latin America through the use of innovative logistics solutions and state of the art information technology.

We are the largest private mail network in Latin America handling mail from European postal administrations, major publishers, international mailers and financial institutions that require time defined and reliable delivery of their mail or magazines. Our service is supported by a web-based proprietary tracking system that allows our clients the ability to track their mailings and our performance.

ANNOUNCEMENT - SPRING GLOBAL MAIL LATIN AMERICA ACQUISITION

 

 

SkyPostal, Inc. is an international mail distribution company focused on delivering commercial mail and periodicals to the Latin America-Caribbean (LAC) region. The company is one of the leading private mail networks in Latin America, and handles mail from European postal administrations, major publishers, international mailers and financial institutions that demand on-time, reliable delivery of their mail and/or magazines. Through its web-based proprietary tracking system, SkyPostal offers clients the option of tracking their mail as well as the company’s performance.

The company fulfils the demand for reliable, low cost, trackable mail service in the LAC region. The Public Postal services in the area are plagued with abnormally high inter-country mail tariffs, inefficiencies with little to no technology, poor service and horrible delivery rates. In fact, about 30% of the mail sent to the LAC region from Europe and the USA is never delivered. These failures provide SkyPostal with an extraordinary opportunity to capitalize on demand for quality service.

SkyPostal is one of the largest facilitators of mail delivery from Europe and the U.S. into the LAC region. At this time the company’s main customers are the French and German National Posts. SkyPostal not only handles the mail originating in the two countries, but also their Extraterritorial Offices of Exchange (ETOEs). In addition, it serves other European Posts’ cross-border companies such as Swiss Post Spain, acting as a median in the delivery of 150 tons of mail per month.

 

 
 
 
 
 
 
 
 


Our proprietary web-based tracking system allows our clients to track their mailings from reception in one of our hubs in Miami or London to when the item is out for delivery.

Tracking Points:

  1. Reception in Hub Miami or London
  2. Cleared Through Customs in Destination
  3. Out For Delivery
  4. Proof of Delivery – additional service
  5. Return Information – additional service

In addition clients can run performance and volume reports.

 

 


 

 

 April 25th, 2008

 

International mail and parcels company SkyPostal has gone public in the USA through a friendly reverse takeover deal and is now targeting strong growth and acquisitions in its core markets.

 

SkyPostal Inc. announced that it has been acquired by Omega United Inc. which will now cease its previous business activities and file to change its name to SkyPostal Networks, Inc. The transaction value was reported as $27.6 million by the CNN Money service which gave Omega United’s previous business as “online entertainment booking services”.

 

“Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico ('LAC'),” stated Albert P. Hernandez, President and CEO of Miami-based SkyPostal.

 

SkyPostal already acquired Spring Global Mail Latin America, the regional unit of the TNT, Royal Mail and Singapore Post-owned joint venture, in August 2007 for an undisclosed sum.

 

"We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery companies within the region. The highly fragmented postal delivery industry in the LAC region is ripe for consolidation and offers economies of scale related to cost reduction and the elimination of redundant services. The market is ideal for the application of current technologies, standardization of operating systems and the region-wide development of the SkyPostal brand,” he stated.

 

SkyPostal said it is one of the largest facilitators of mail delivery from Europe and the US into LAC, for major European postal administrations and the leading mail consolidators, delivering more than 150 tons of mail per month into the region. The company has exclusive agreements in place with over 20 major private postal services in 20 different countries throughout the LAC region for the delivery of commercial mail, periodicals and parcel post.

 

“SkyPostal is in a unique position through our existing relationships to acquire and roll up the quality private postal carriers in the region and apply our proprietary GPS-based delivery technology, PosTrac under development, which will provide auto proof of delivery for regular post to a region where it is estimated that up to 30% of all mail never gets delivered,” Hernandez added.

 

Source: SkyPostal, CNN Money

 



 

After signing the contract with DHL Global Mail, services to Europe will more than double the number of countries served. The following countries will be potentially added to European service: Germany, United Kingdom, France, Italy, Spain, Russia, the Netherlands, Turkey, Sweden, Belgium, Switzerland, Poland, Norway, Austria, Greece, Denmark, Ireland, Finland, Portugal, Czech Republic, Romania, Ukraine, Hungary, Slovakia, Croatia, Luxembourg, Slovenia, Belarus, Serbia, Bulgaria, Lithuania, Latvia, Azerbaijan, Cyprus, Estonia, Iceland, Bosnia, Albania, Georgia, Armenia, Macedonia, Moldova and Montenegro.

 

These new areas represent a larger stream of potential revenues and increased services. SkyPostal was already delivering over 800,000 pieces of mail per day. That is an astounding total of 25 million pieces of mail per month. The new, increased delivery area and additional service options in Europe will surely create a rise in demand for the services of SkyPostal.

 


 


 

Company Overview

Financial Forecast

2008

2009

2010

Total Revenue:

$45,000,000

$72,000,000

$132,000,000

Cost of Sales:

$43,750,000

62,640,000

125,000,000

Gross Profit:

$1,250,000

$9,360,000

$17,000,000

G & A:

$3,205,000

$3,845,000

$4,422,000

EBITDA:

($1,955)

$5,515,000

$12,578,000

Earnings Per Share:

0

$.10

$.22

 


[chart]stockcharts.com/c-sc/sc?s=SKPN&p=D&yr=0&mn=6&dy=0&i=p85748800575&a=146336273&r=4798[/chart]

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#1231   Not bad. Garyst 07/20/18 03:07:44 PM
#1230   I think so. SKPN will pop again! Garyst 07/20/18 10:37:40 AM
#1229   I'm buying more today. This will pop! gimmeMYcash 07/20/18 09:27:03 AM
#1228   Might be worth a trade here. Per the FightingBack 07/19/18 09:29:26 PM
#1227   Nice. I don't think it'll be that long. Garyst 07/19/18 03:56:12 PM
#1226   Garyst still here I bought in @ .0116 I’m sinnamon 07/19/18 02:49:58 PM
#1225   Who sold to the 007 bid??? Not smart Garyst 07/19/18 02:30:17 PM
#1224   Sit tight guys. This can and will go again Garyst 07/19/18 02:22:22 PM
#1223   yup, and if your tryin to sell the sinnamon 07/19/18 01:51:35 PM
#1222   It is starting to run now. I am Due Diligence Virtuoso 07/19/18 01:50:59 PM
#1221   Seems like someone just single handedly wasted a LongtermLopes 07/19/18 01:46:19 PM
#1220   Just did now. Nice. Garyst 07/19/18 11:13:32 AM
#1219   I called. The woman I spoke to said gimmeMYcash 07/19/18 11:07:23 AM
#1218   You look into $VIRA at all? FightingBack 07/19/18 10:51:56 AM
#1217   Just the basic questions. PenniesGoneWild 07/19/18 10:49:14 AM
#1216   Sure has. I too am holding what I Garyst 07/19/18 10:48:30 AM
#1215   Yes. They must've reinstated last Wed for some Garyst 07/19/18 10:39:42 AM
#1214   Would be amazing to see a filing report. Buellersback 07/19/18 10:37:57 AM
#1213   It's shown it has legs. Holding gimmeMYcash 07/18/18 11:24:15 PM
#1212   This is gonna bounce again! Garyst 07/18/18 10:37:18 PM
#1211   Ask has been thin. Those whacking the bid gimmeMYcash 07/18/18 09:25:38 PM
#1210   Feels like the float is locked up here. Due Diligence Virtuoso 07/18/18 08:22:06 PM
#1209   I'd say. 03 to 005's in 4 days Garyst 07/18/18 02:16:20 PM
#1208   Mind blowing.... gimmeMYcash 07/18/18 02:13:12 PM
#1207   Foolish to sell @ 005's people. Garyst 07/18/18 11:11:19 AM
#1206   Has anyone spoke to Jason? I'm considering making gimmeMYcash 07/18/18 08:09:34 AM
#1205   I think it'll get back there one of Garyst 07/17/18 03:41:30 PM
#1204   SKNP Yup, lol I kept tryin to sell sinnamon 07/17/18 03:34:40 PM
#1203   Yep, on my etrade quote page/chart Garyst 07/17/18 03:33:45 PM
#1202   I see it now. Etrade shows the days Garyst 07/17/18 03:33:18 PM
#1201   SKPN guess you can’t see the spike on sinnamon 07/17/18 03:24:21 PM
#1200   yes showing that now but look at the sinnamon 07/17/18 03:22:42 PM
#1199   I'm showing 18% 0077, Bid 006 X ask 0074 Garyst 07/17/18 03:15:24 PM
#1198   SKPN Shist showed at .021 for about 5 sinnamon 07/17/18 03:06:49 PM
#1197   SKPN anyone else showing this at .021 sinnamon 07/17/18 03:01:01 PM
#1196   Selling appears to be over here at this level. Garyst 07/17/18 01:43:12 PM
#1195   Yes, we sure do. Garyst 07/17/18 10:27:03 AM
#1194   Yes, we need a catalyst to reverse the trend Buellersback 07/16/18 03:14:14 PM
#1193   1/3 mil bid. 1850% Thur on just 9 Garyst 07/16/18 02:36:45 PM
#1192   Agree and it can do it quick. People Garyst 07/16/18 01:40:33 PM
#1191   Just averaged down this morning. All this needs Buellersback 07/16/18 01:19:08 PM
#1190   0085 ask now. 1850% 03 Thursday. This thing Garyst 07/16/18 11:57:42 AM
#1189   Same. Could work out well though. gimmeMYcash 07/16/18 11:34:16 AM
#1188   Identical to last run only to hit 075 Garyst 07/16/18 11:07:24 AM
#1187   Me too...don't want to take 50% loss on retireat40 07/16/18 11:02:32 AM
#1186   Bahaha! Holding.... gimmeMYcash 07/16/18 11:01:39 AM
#1185   ZZZZZZZZZZZzzzzzzzzzzz looks like this is a "hold and retireat40 07/16/18 10:11:16 AM
#1184   It sure did. Fell just like we did Garyst 07/16/18 08:15:02 AM
#1183   It's funny because last time this had a pennystocker85 07/15/18 11:59:23 PM
#1182   I'll throw a few posts up tonight on Garyst 07/15/18 08:48:04 PM
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