USXX IS UP @.34 CENTS WITH 400,000 SHARES TODAY!! Message Board

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Microcap & Penny Stocks : USXX IS UP @.34 CENTS WITH 400,000 SHARES TODAY!!

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To: Hawkmoon who wrote (30)	9/1/1997 4:38:00 AM
From: Ditchdigger	of 348

Hi Ron: didn't mean to come off the way it probably sounded. My interest in this stock was sparked due to the contract with WHC.Reading through the 10-Q and seeing the compay posting losses,I don't understand how Ken could put added financial preasure on the company by leasing a $64,000 mercedes for his personal use(even if it is in his contract). His uppermost thought should be, in the interest of the shareholders/share value and I see this as direct conflict of interest. From 10-Q "On March 29, 1997, Kenneth Smith entered into a capital lease with payments totalling $64,205 to be in 35 monthly installments of 698.78 with a balloon payment due February 29, 2000, in the amount of $26,703 at an annual percentage rate of 9.313%. The capital lease is financing a 1997 Mercedes supplied to Mr. Smith under the terms of his employment agreement. The lease was assigned to U.S. Technologies Inc. on May 23, 1997. The current maturity of this lease obligation totals $8,373 at June 30, 1997." Regards, Kenny

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