Replies to post #12631 on Universal Express Inc fka USXP

[jking1999]

virginian: When the SEC requested the judge appoint a receiver, RA had a chance to file a response showing why one shouldn't be appointed. He had a chance to point out that the financial condition wasn't dire, as the SEC is claiming.

If he had 40M in funding promised by anyone, I think he would have provided that evidence then.

He certainly has had a lot of chances to show that proof to people since then.

[janice shell]

I think she would. Her job, after all, is to collect any monies owed to USXP, so If King Abdullah was a creditor, she'd go after him.

In addition, the deal was supposedly in exchange for USXP stock. If certs had been cut to Abdullah, that would be recorded in the TA logs.