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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: Coolbreeze who wrote (342)6/30/1998 1:42:00 PM
From: MMpro  Read Replies (3) of 2493
 
A reverse split which leaves the company with only 1 to 1.5 Million shares seems very odd. Why so few shares? Unless there will be more shares issued shortly...

Exactly what is know about the financing for the SKYNET deal? Is it possible that the 70/1 reverse split is just a prelude to a SKYNET reverse merger, whereby USXP acquires SKYNET by issuing say 6 to 8 Million new shares to SKYNET?

Anyone think this scenario possible?

Peace

Riccardo
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