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Re: XenaLives post# 33948

Monday, 04/16/2012 12:46:51 PM

Monday, April 16, 2012 12:46:51 PM

Post# of 35802
From the link you provided, "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, 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.[2][3] A receiver was appointed for Universal Express by a federal judge at the request of the S.E.C.[4] The judge ordered Universal and its top officers to pay $21.9 million and barred them from future penny stock sales. [5]"

No shares given to Ramos and Ramm were part of the reverse merger. They all came from Peter after the reverse merger and many appear to have been sold. No one will argue that the stock was NOT being manipulated by Monk and probably others. The question is whether or not the company (via Peter) was involved or whether it all happened without his knowledge and without him benefiting personally. That seems unlikely to me.

"The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing."
-- Albert Einstein