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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: lakers17 who wrote (430)6/30/1998 6:29:00 PM
From: KZAP  Read Replies (1) of 2493
 
How did the reverse get leaked out and made official by OTCBB? If the stock had closed yesterday at .06 we would have started the day at $4.20 a share. The reverse was supposed to be announced after the name change.

I think this is the part of the plan that failed. Had it not been
reveiled, the stock would have done all the tanking today, not
yesterday eve. It may have worked out better this way.
We may never know.
Anyway, the news was leaked, and the stock dropped 40%.
I think management figured the warrant news would keep the
stock up today, and maybe keep the longs in. It worked to
a point IMHO.
If there are more details about the warrants, that could make
the difference in how fast the stock will drop. (or rise)

KZAP
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