UNIVERSAL EXPRESS INC - USXP Message Board

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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: blash who wrote (435)	7/1/1998 8:46:00 AM
From: Jim B	Read Replies (3) of 2493

you might ask him about this conversation... you might also ask him why SKYNET is saying that there is NOT a chance that PKGP will by acquiring Skynet.. I know some of our claims have seemed rather ludicrous at this point.. that's why we stated "rumors".. but one by one they are falling into place.. just the rev split coming true is enough of a scare... but hey.. maybe the price will go up and I'd rather be wrong than right.. (dammit.. sounds like I'm bashing this stock.. hmph.. well, I'll post this anyway.. cuz seems some people have forgotten RA's promises.. and I for one am looking like a big *sshole cuz I believed him and posted it and put PKGP in TOP DOG for weeks and weeks so don't tell me I'm a basher.. I'm someone who feels they were conned and misled purposely to help get his stock up for only GOD knows why) "letter of intent" filed.. sure many people have known that.. I was originally told that Monday's news was bogus.. I think what they meant was that monday's news was misleading in that it makes people assume that Skynet is going to sign with RA... but from what I'm still hearing this is NOT the case... someone asked if RA ever told anyone that a REV SPLIT would NOT be done... well here goes.. anyway, if anyone has doubts.. they should call and talk to the CEO of Skynet.. maybe he can put an end to all this for you all.. I've heard plenty.. also notice the shares outstanding #'s that he told us all.. now w/ the rev split there must have been 70 to 100million out there.. unless I've missed something... anyway, you can see how bullish I used to be on this stock in the past... so it wasn't easy changing my mind.. but there are just too many red flags now... good luck all. if you have questions just PM me cuz rather not flood the thread with dozens of posts about this.. but rather than PM me.. even better call SKYNET and ask them how likely it is that they will sign with USXP/PKGP... I personally know of a close friend of mine that has been in PKGP for over 3 years now... he sold on Monday... do any of you think you know more than him??? doubt it.. of course, this last statement means you're assuming that I'm telling the truth about this.. so hopefully you do.. but when I heard he was selling he said that RA has ALWAYS promised "NO REV SPLIT"... he also said too many things haven't added up lately and trust me.. this goes knows everyone .. you pretty much do when you're in a stock for years.. jim ------------------- To: Bill Monahan (617 ) From: Jim B Wednesday, May 6 1998 8:20PM ET Reply # of 4773 TO ALL::: convertible debt... okay I have NOT been in PKGP for years or months... so some of the LONG TIME players can correct me if I misquote something from the company... anyway here is what I learned from the company today on the #1 (debentures) and #2(shorters) reasons the stock has NOT gone up and the reasons for why it came down to begin with... #3 reason is nervous traders (and risky daytraders).. Okay I spoke with Richard the CEO of PKGP.. Orignally there were 9million shares outstanding... someone came along and illegally shorted 93million shares worth!! YES you read that right.. This took the stock down from $1.60 to 4cents at current day levels. This is where the convertible debentures came into play. They were registered at 3cents share for 263million shares. The group that held these convertible shares called the company and wanted HUGE DOLLARS for them. The company said NO FRIGGIN WAY and then got sued... PKGP countersued and recently they agreed in principle to redo the whole convertible debenture deal. The new deal allows PKGP pay off the convergible debenture shares WHEN PKGP wants to... NOT just at the FULL request of these people that hold them (I don't know who they are.. we got cut short on our phone call; I believe its a group that provided some financing imo). This new deal also states that this group can ONLY exercise SOME shares in certain time frames so they can't dump it all at once. The company went through hell trying to redo this to better help the future price of PKGP for its shareholders sakes. PKGP also in this deal had to issue 9million more shares as a result thus having 18million shares out now. BUT PKGP still needed some big funding to help grow the company. That is where we are now.. The CEO is aggressively looking for financing for some things that he has got in the works .. and it seems to be very big. He told me that PKGP is "VERY CLOSE" to paying these people that hold these debentures off "for good". He also told me that 2 groups have offered PKGP the financing that they needed.. but the terms of these proposals called for a REVERSE SPLIT of PKGP's stock and the CEO said he KNOWS that he'd be KILLING us if he did that and so that "IS NOT AN OPTION"! They have some major monies that they are looking for.. so whatever is up must be big.. He wants to be sure that whatever deal he puts together DOES NOT hurt the stockholder value and that when all is said and done.. investors will have great reason to accumulate or hold their positions in PKGP.. He mentioned some figures of $3.5 million and $4.00 million.. one of the rumors Kevinl posted had a $4million figure in it.. wonder if this correlates with what the CEO stated to me... but I wonder what the $3.5million number is for. I realize this isn't ALOT to go on.. but at least it gives you from my own words of course reason to believe that the company IS going to take care of these debentures and that they are on the brink of something that could change this company forever... so we'll see. Did I just give some people more answers.. or create more questions?? sorry.. but that's all I got from him as we were interrupted by a financing company that called him.. also I did ask the CEO if he reads this thread... he said "NO"... so when JOHN CONFORTI said that the CEO said to ignore the internet posting.. I think he meant don't get carried away with rumors and that the best place for answers is to call the company..PKGP phone # 516-349-1300 jim

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