Universal Express Inc fka USXP

[Eagle1]

Got Naked Shorted USXP?

Lets not forget the NSS that USXP has at least from last Decememer 05, ccording to the CEO in the calculated at 30+billion,.....IMO

from Dr D...

On a WebCast Wednesday, 21 Dec 2005

link to the webcast is at usxp.com

This is the actual link,
http://viavid.net/player/dcem.aspx?sid=00002C19

but you may have to enter a name, email, and number (takes about 20 seconds) to get the webcast. It is around 60 minutes long, but the NSS info is about 5 to 15 minutes into the webcast. The whole thing was interesting and his Attorney was there with him, so I would think he was stating what he could back up.

There was quite a bit of info, but this is what I wanted to share with the board.

USXP - CEO Richard Altomare revealed the naked short totals that got them the $700 million settlement.

It began in 1998 and the naked short position was:

"20 times" the legitimate FLOAT
No totals were shared

He continued to state that the
CURRENT "naked short position"
being held against USXP is

"8 times the entire Authorized Shares"

The Authorized is 3.9 billion making the NSS position approx 31.2 billion - TODAY


Dr D


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Still pretty interesting hey?

Eagle1,

P.S. Come visit us at http://usxp.proboards79.com/index.cgi

Bashers Beware, constructive discussions are welcomed greatly, but any personal attacks there and we will have to give you the boot, sorry...LOL..