InvestorsHub Logo
Followers 0
Posts 296
Boards Moderated 0
Alias Born 09/15/2008

Re: None

Thursday, 11/06/2008 6:48:47 PM

Thursday, November 06, 2008 6:48:47 PM

Post# of 26430
Anybody noticed that our high school web designer has done Seamless "same" web site AND StockBully.com web site? Can that be considered fishy? I'm just asking for opinions. TitanSheep? Anybody?

Both sites -> http://www.monkuncpro.com/index-2.html

SMWF/StockBully "promotion" -> http://biz.yahoo.com/prnews/080821/lath513.html?.v=21

Fishy timing? -> http://stockcharts.com/c-sc/sc?s=SMWF&p=D&st=2008-08-01&en=2008-08-30&i=p38677656221&r=515


Universal Express (Pink Sheets: USXP) claimed to be a transportation and logistics service company and was registered in Nevada and headquartered in Boca Raton, Florida.[1] However, investigation by the SEC clearly revealed that the primary business of USXP was the production of and distribution of billions of illegal, unregistered shares. The money from these sales went directly to support the lavish lifestyle of Richard Altomare and his supporters. Some funds were diverted to advertising designed to push the sale of additional shares.

CEO Richard A. Altomare took control of the defunct Packaging Plus Services in 1988, and immediately began issuing billions of illegal and unregistered shares of stock,[2] before the company collapsed in 2007. In later years, the company became known for accusations of naked short selling and questionable S.E.C. filings.[3][4] A receiver was appointed for Universal Express by a federal judge at the request of the S.E.C. The judge ordered Universal and its top officers to pay $21.9 million and barred them from future penny stock sales. [1]

Altomare was ordered to prison for contempt of court in April 2008.[5] As of May, 2008, he was resident in the Metropolitan Correctional Center, New York City.[6]
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.