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BANY!!!!
USXP World's Largest Jackson Family Memorabilia Collection Purchased By Universal Express
Nov 29, 2006 2:19:00 PM
Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--
Universal Express, Inc. (OTCBB: USXP), today announced a l0,000 plus piece collection of Jackson family memorabilia including all Thriller costumes, platinum and gold records, photographs and countless personal documents has been sold today to Universal Express (www.usxp.com) and some of its entertainment partners.
"The biggest known Jackson Music and memorabilia collection ever amassed was purchased with plans to insure for up to $50,000,000 with a planned auction to be announced at the appropriate time," said Richard A. Altomare, Chairman and CEO of Universal Express.
"The Jackson family had meticulously gathered this over 10,000 piece memorabilia collection for decades and planned to decorate a chain of entertainment restaurants, but lost the collection in a protracted 6 year legal battle with former New Jersey partners.
"The historical items which include hundreds of items from each Jackson family member have been secretly moved to an undisclosed location for preparation and media viewing.
"Due to the perceived value of the Jackson platinum and gold records and master recordings with numerous unheard and unreleased masters of some Jackson songs never presented to the public; we have obviously begun guarding the collection 24 hours a day.
"In my opinion, we have far too many personal and intimate papers, sketches, diaries, notes, costumes as well as gifts from other notables to not present them in the most professional and meaningful light.
"After this collection was authenticated, legal ownership verified, and approved by our entertainment experts; I enthusiastically purchased the collection," Mr. Altomare further stated.
"Initially, when this acquisition opportunity was presented; I balked due to this unique venue which did not represent our core businesses. However, the possibility of such a revenue windfall for our shareholders and subsidiaries caused some reflection and a reminder that making money always resembles any core business. Since a developing company raises monies and incurs debt to build its infrastructure, this 'once in a lifetime' opportunity will generate additional funds necessary to further build our core businesses and further enhance dramatically our worldwide corporate branding.
"The Jackson memorabilia collection and the worldwide interest may result in one spectacular auction, a museum or individual offer for the entire collection, or an E-Bay on-going income stream from the collection. In all cases, the music value and the balance sheet asset base of this investment added to our current balance sheet along with the worldwide publicity and branding clearly outweighed passing on this opportunity.
"In any event, the collection long rumored about is now in professional and responsible hands and the public will soon be reintroduced to the memorable and innocent Jackson years and maybe have answers to many unanswered 'behind the door' questions that these formative family effects may help to crystallize or to enlighten," concluded Richard A. Altomare.
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.
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Kingdom Entertainment
Chip Quigley
212-947-2595
KingdomET@aol.com
Wow over 300,000 shares bought on the ask at .054 .SBSH shelling em out.
(GOIH) Global 1 Announces Dividend Structure and Business Plans for Reg. E Funds
Nov 28, 2006 10:45:00 AM
Copyright Business Wire 2006
ATLANTA--(BUSINESS WIRE)--
Global 1 Investment Holdings Corporation (OTCBB:GOIH), www.gobal1inc.com announces dividend structure and business plans for Reg. E Funds.
Dividend Structure:
The dividend structure will be as follows. We are creating three new classes of preferred stock; Class A, par value $0.25, Class B, par value $0.50, and Class C, par value $1.00. These new classes of preferred stock will have a CUSIP number and we will register the shares to trade in the market. The Class A preferred shares will be convertible into shares of Global Franchising Corp. at a conversion price of $0.25 per share for a period of twenty four (24) months.
CASH PORTION OF DIVIDEND:
Fifteen percent (15%) of the net income after expenses for the period of twenty four months after operations commence of Global Franchising Corp. shall be set aside and paid as a cash dividend, ("the CASH DIVIDEND").
Shareholders of record date December 25, 2006 shall receive one (1) share of preferred stock, Class A, par value $0.25, for each share of GOIH owned and receive the right to twenty five (25%) percent of the Cash Dividend.
Shareholders maintaining continuous ownership of shares of GOIH for a period of twelve months after December 25, 2006 to December 25, 2007 shall receive an additional right to receive twenty five percent (25%) of the Cash Dividend; and shareholders maintaining continuous ownership of GOIH from December 26, 2007 to December 25, 2008 shall receive one (1) share of Class B preferred shares and the right to receive the remaining fifty percent (50%) of the Cash Dividend.
Payment Date:
We will announce the payment date of the stock portion of the dividend shortly once the certificates are printed and the registration process is completed. We estimate the dividends to have a total value in excess of $0.75 per share.
London Stock Exchange AIM Program:
We have contacted the London Stock Exchange AIM listing department and inquired of a listing in Europe for our European shareholders and to expand our Global 1 family of funds. We will be seeking listings on several exchanges in 2007 for global distribution of our Reg. E and Reg. S products and financial instruments.
New Funds in Development:
We have several new Funds in development, the International Investment Corporation, ("IIC") which will fund a business incubator franchise, new office space and a full professional staff set for launch.
We will locate business incubator franchises in twenty five (25) major cities around the world and fund the development through IIC. Based on this program we estimate taking public 10-20 new companies each year with trading on the OTCBB, NASDAQ Small Cap and the London Stock Exchange.
Plan of Operations:
Our plan of operations is to immediately create shareholder value through an increase in our stock price and book value. We intend to create new value through the acquisition of several operating businesses and integrate the businesses into our operational model through a business combination transaction.
Summary:
Our business model is based on Berkshire Hathaway (NYSE: BRK.A), Sears Holdings (NASDAQ: SHLD), the investment bank of Goldman Sachs (NYSE:GS) and the entertainment unit of Time Warner (NYSE:TWX).
Disclaimer: The below disclaimer is incorporated by reference as if fully set forth herein this as well as all media releases on GOIH behalf. The statements contained in this released are forward looking and may or may not occur due to forces beyond the company's control.
Source: Global 1 Investment Holdings Corporation
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Global 1 Investment Holdings Corporation
Atlanta
Barry Thomas
404-255-0400
investor_relations@mindspring.com
ECFL, simply BEAUTIFUL!!!
ECFL MOVING!!!
If its a sell on news then people will be taking huge losses, it cant go much lower.
Plycf .093 x.095
PLYCF Moving .091 X .094.
PLYCF Moving .091 X .094.
PLYCF Bouncing here
Huge support at .08.
People are just dumping here. Will bounce like on Friday leaving them looking stupid for selling
PLYCF, play the bounce again
MMs shaking us early today. It will run later imo
Plycf, nice bounce!!!$$$
PLYCF bouncing now. Will be back in teens next week imo
PLYCF going back up imo. In @ .093
Just added PLYCF... Should bounce nicely
Just added PLYCF. Will bounce nicely
PLYCF, Catch the bounce
lmao i think you mean, to the bashers what say you
I personally believe this is a scam, but have a friend all in on this one. He has $40k in it. Rufus always said this stock would get talked about for years and it will. Its a prime example of humans and greed. I often see people compare this to google. What a joke, I recently listened to a google representive at a CONFERENCE not SUBPENNYRADIO.lol
YEAH I just saw that. i could care less either way I was just curious to see if Rufus maybe started posting on a different venue since no ones heard from him in a while.
The comments on the bottom, I was wondering if its really rufus.But it seems the email links to cvsu so i guess its really him
HHHHmmmmm.. I dont know, seems kind of weird to be posting there instead of HSM where he usually posts. Maybe its real, in that case people would be getting $2 a share.
I dont think he sued them. But some fool keeps pretending to be rufus on stockwatch.com, I wish they would buy my shares for $2 each.
HMMMM.. Thats the email address from that one cvsu PR. It was about contacting them if you sold due to our street. Weird
lol!!! It all makes sense,if its spelled wrong then its the real Rufus.lol
PYPR moving!!!
WOW new 52 week high. This one still has some steam left.
SLJB taking a BEATING
Spoken like a true bagholder...IT'S OVER!!!
LMAO!!!
Ive been looking at this stock lately and would like to know where you guys see it going short term.I see its down today but I think it will be making a charge to $500 soon once they reveal what they plan on doing with youtube. Any input would be appriciated. tia
LFZA NICE BUYS COMING IN!!!
LFZA moving nicely!!!
PLYCF moving .0265 should fall soon. This stock is going.
PLYCF buys coming in.
PLYCF setting up nicely!!! Up 25%%