Replies to post #6662 on Universal Express Inc fka USXP

[janice shell]

Hasn't anyone posted this here yet?

http://jimewescamp.250x.com/USXP/receiver.pdf

Remember Julie Lutz from the AZNT case?

[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

[sludgehound]

Geez Floyd Norris bothered!

Very good econ writer from old NY Times days. Spotted the
Internet bubble top early on.
Thanks and be careful of course.

but the company is still funding itself by issuing billions of unregistered shares.