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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP

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To: R.P. who wrote (2373)8/18/1998 9:22:00 PM
From: FARcom  Read Replies (1) of 2493
 
skynetmia.com

Again,the home page is skynetmia.com

Pasted from Skynet(the first link above):

The network began life back in London in 1972 as Simmonds Warner. It grew quickly, expanding the scope of its operation into the rest of Europe. In 1976, it began operations in Latin America as Choice Air Courier. It was the first complete courier network in Latin America. In 1984, these diverse enterprises were organized into a single worldwide network, called the SkyCourier Network. Today the network operates under the SkyNet name.



Independently Owned And Locally Operated

The SkyNet Worldwide Express Network is a unique international courier cooperative. It is composed of locally owned courier companies operating as SkyNet licensees. Together they comprise the largest independently owned and operated courier network in the world, providing reliable desk to desk service to over 130 countries.

Regional hubs in Miami, Los Angeles, London, Dubai, Singapore and Sydney serve as administration centers and insure that standards of quality and performance are rigidly maintained by network members in their regions.

Management Stability And Service Consistency

In a field where courier companies are constantly changing representatives and local management, over 80% of SkyNet's network stations are run by the same people who started with the company in 1972. Unlike the large express companies, each station is owned by local management. You are thus assured of continuity, local experience and the best possible service level and flexibility.

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This is why I said I felt no doubt RA is there on business......

If anyone here is a good number cruncher:
I would try but I am not as good as many around here probably are at it...

From the news release:

SKYNET MIAMI is part of a $100 Million shipping network specializing in discount pricing to corporate customers. It currently
has annual revenues in excess of $7,500,000. USXP will acquire 51% control for $1,700,000, with an option to acquire the
remaining 49%.

''With $7,500,000 in revenues and $650,000 in operating income, before interest and taxes, not including APAC's potential sales

Said by apac:
APAC members can receive the greatest discount through our own provider''. DeLeone concluded, ''With an estimated volume of $700 million of International Shipping currently generated through the private postal stores, our discount rates should help generate noticeable market share penetration .....

As always,
Best Fishes.
FP
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