UNIVERSAL EXPRESS INC - USXP Message Board

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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: lakers17 who wrote (386)	6/30/1998 3:35:00 PM
From: jmt	Read Replies (2) of 2493

>>I was told they could do this by their bylaws in their charter.<< Told by who? No charter can go against U.S. securities laws. Otherwise a good analogy. An honest CEO is an oxymoron. How long has Altomare been there. Is he the one that did the prior reverse? Were there acquisitions that followed? Barbara was a bit misleading today, telling me they had to do the reverse and new name to eliminate the short position. When I said just the name change would do that, she said nothing. She is giving the impression there is definitely a large short position, which you have questioned. My gut is she would know how the debenture issues are being settled. If this is true and Altomare is as ruthless as he comes off, I wouldn't give the shorts even money. jmt

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