UNIVERSAL EXPRESS INC - USXP Message Board

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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: Coolbreeze who wrote (342)	6/30/1998 1:10:00 PM
From: jmt	Read Replies (2) of 2493

I spoke to Barbara a few minutes ago also... And as a result of my financial questions she stated she would ask Chris (General Counsel) or RA to phone me back directly. I will report on the call if it happens (PS will be on LI friday and tried to set up a meeting, but they said they will be closed). The question you forgot to ask is a good one, and may piggyback on the final settlement of the debentures. If you do speak to BH, please ask about the shares outstanding in excess to those authorized, and if total shares outstanding are a result of new shares issued to satisfy debentures. Also, what is the status of the final settlement? It is possible if insiders control a majority of the common shares, they could have privately voted to increase authorized amount. Thanks, jmt

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