Universal Express Inc fka USXP

[CoolD]

Great Post...I really like this part

In 2006, Universal lost $18.9 million, on revenue of just $1.1 million. The board, of which Altomare is the sole member, gave Altomare a $50,000 raise, to $650,000 a year. It also forgave part of $1.6 million in loans to Altomare and his wife. The cash to pay that salary came from the sale of unregistered stock