Replies to post #10168 on Universal Express Inc fka USXP

[material evidence]

Virginian-the sale won't close until Monday or Tuesday, and they have four days after that.

[jking1999]

virginian: Unfortunately, we may not see any info on this deal until the receiver files her report with the court.

SportsExpress is a private company, and has no requirements for puting out any info on this.

The receiver has already shown that she will not be filing an relevant 8-Ks (she should have filed one announcing her takeover of the company awhile back, but she didn't). So she may not file anything, or put out any PR.

[janice shell]

I wonder why no PR ? Dont they have to file something to reflect this sale?

Dunno. I agree with you: as long as it's trading, the receiver should keep shareholders informed of her actions. As I suggested in a previous post, she may plan to stop filing and take the company to revocation, but if that's her plan, she should make that public, so shareholder could get out before it happens.