I think this could be the start of a run bigger than anything we've seen since the run to .04.. maybe even bigger than that.. the time is right here with the grandfather clause's potential elimination, the overstock lawsuit bringing attention to the issue, everything is falling into place.. and I can overlook the CNBC / first call PR because even before that USXP legal counsel said in the event of a massive forced naked short cover price could be forced into the dollars, so if they themselves believe it.. if firstcall posts something along those lines (and in error) they could be tempted to believe it and convey it to the share buying public... this guy RA wants [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]shareholders[/FONT][/FONT][/COLOR][/COLOR] to be rewarded for real.. Old News
Universal Express Inc. announced today that during its recent webcast, [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Universal [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Express[/FONT][/COLOR][/FONT][/COLOR][/COLOR] Chairman Richard A. Altomare, predicted that should the SEC this month eliminate its "Grandfather Clause" protecting uncovered naked short positions, the [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Company's [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]shares[/FONT][/COLOR][/FONT][/COLOR][/COLOR] could substantially rise above its present per share price. Naked Shorting involves selling counterfeit [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]shares[/FONT][/FONT][/COLOR][/COLOR] to buyers which are never delivered. These naked shares were never issued by the Company and are unregistered and counterfeit
Universal Express Inc's. General Counsel, Chris G. Gunderson, stated "I believe Universal Express' [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]share [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]price[/FONT][/COLOR][/FONT][/COLOR][/COLOR] could rise far in excess of $2 per share if the SEC eliminates its Grandfather Clause from its Regulation SHO. This would force many hedge funds, private [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]equity[/FONT][/FONT][/COLOR][/COLOR] funds and other market institutions to cover their gigantic naked [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]short [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]positions[/FONT][/COLOR][/FONT][/COLOR][/COLOR] in Universal's shares over the last 10 years, by being forced to buy actual shares in the open market. Believes the naked shorting of its shares on each market day over the past 10 years to be in excess of 20 times its outstanding shares, on a regular basis, during this period," concluded Mr. Gunderson. In other news Universal Express, Inc. division Luggage Express announced today a commitment to be the title sponsor of Sigalsport BMW race team. The team will participate in the Rolex Series, an owned and operated NASCAR series. Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services.
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Universal Express Inc. announced today that during its recent webcast, [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Universal [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Express[/FONT][/COLOR][/FONT][/COLOR][/COLOR] Chairman Richard A. Altomare, predicted that should the SEC this month eliminate its "Grandfather Clause" protecting uncovered naked short positions, the [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]Company's [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]shares[/FONT][/COLOR][/FONT][/COLOR][/COLOR] could substantially rise above its present per share price. Naked Shorting involves selling counterfeit [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]shares[/FONT][/FONT][/COLOR][/COLOR] to buyers which are never delivered. These naked shares were never issued by the Company and are unregistered and counterfeit
Universal Express Inc's. General Counsel, Chris G. Gunderson, stated "I believe Universal Express' [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]share [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]price[/FONT][/COLOR][/FONT][/COLOR][/COLOR] could rise far in excess of $2 per share if the SEC eliminates its Grandfather Clause from its Regulation SHO. This would force many hedge funds, private [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]equity[/FONT][/FONT][/COLOR][/COLOR] funds and other market institutions to cover their gigantic naked [COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]short [/FONT][COLOR=green! important][FONT=verdana, geneva, lucida, 'lucida grande', arial, helvetica, sans-serif]positions[/FONT][/COLOR][/FONT][/COLOR][/COLOR] in Universal's shares over the last 10 years, by being forced to buy actual shares in the open market. Believes the naked shorting of its shares on each market day over the past 10 years to be in excess of 20 times its outstanding shares, on a regular basis, during this period," concluded Mr. Gunderson. In other news Universal Express, Inc. division Luggage Express announced today a commitment to be the title sponsor of Sigalsport BMW race team. The team will participate in the Rolex Series, an owned and operated NASCAR series. Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services.
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Couldn't have said it better myself. This has all the makings of a P&D. Tread VERY lightly. Per their last filing the have almost 13 billion shares o/s, which translates to roughly a $25 million market cap for a company with barely any revenues and gigantic operating losses.
Good luck, you're going to need it.
