Universal Express Inc fka USXP

[jking1999]

virginian: No, he is barred from servings as a director or officer of any publicly traded company.

The 5.00 has to do with being permanantly barred from participating in the offering of any penny stock, including engaging in any activities with a broker, dealer, or issuer, for the purposes of issuing, trading or inducing or attempting to induce the purchase or sale of any penny stock, which the SEC defines as a stock that trades for less than 5.00.