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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: FARcom who wrote (2353)8/17/1998 9:17:00 PM
From: lakers17  Read Replies (3) of 2493
 
FP...food for thought......

Why would Skynet with the reported $7,500,000 in revenues want to be taken over by USXP a company with very little on paper except Manhattan Concierge? My only logical answer is that Skynet Miami wanted to go public. This acquisition has to come at a steep price. Why would a company take only 1.7 million and give away 51% of the company? There has to be more to this agreement and a whole bunch of shares could be involved. This is just my view of the situation.

Lakers
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