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To: scion who wrote (2111)	7/2/2008 12:15:26 PM
From: scion	Respond to of 2347

07/01/2008 336 STATUS REPORT. # 4 Exhibit D - Third Report Of The Receiver Of Universal Express, Inc. [Corrected] ------------ OCR extract Mr. Richard A. Altomare 4904 Bocaire Boulevard Boca Raton, Fl 33487 To be delivered by : Arthur W. Tifford, Esq. December 10, 2007 Jane W. Moscowitz, Esq. 1111 Brickell Avenue, Suite 2050 Miami, FL 33131 Dear Ms. Moscowitz: In response to your October 31, 2007 demand letter, I have been advised by counsel to submit my initial exhibits for monies due me from the Company: Exhibit I - North Folk Bank Loan ($8,436.41) Exhibit 11 - Credit Card ($12,492.30) Exhibit III - Credit Card ($17,986.69) Exhibit IV - Corporate Debt ($68,101.46) Exhibit V - Credit Card ($62,862.45) Exhibit VI - FIA. Card Services ($47,176.48) Exhibit VII - Credit Card ($6,477.60) Exhibit VIII - Credit Card ($17,579.42) Exhibit IX - Credit Card ($15,000) Exhibit X - Credit Card ($116.02) Many of these credit card charges occurred after my departure from Universal Express. There will be more loan guaranties, credit cards and financial responsibilities to be added in the future. Damage to my personal credit reports is a direct misuse of my personal credit cards and failure to satisfy existing corporate responsibilities. I am entitled to receive from the Company compensation of $1,650,000 under my employment agreement with the Company. Also, I am entitled to receive all benefits under my employment agreement in the amount of approximately $1,250,000. Under the "Change of Control Event" under my employment agreement, I am entitled to receive ten percent (10%) in cash of the total market value of the Company's shares for a relevant period, plus all legal expenses in connection with the collection and receipt of such amounts. These amounts are estimated to exceed by a substantial amount $10,000,000. I am entitled to receive one-third of all recoveries arising from the two judgments awarded to the Company in the 11th Circuit Court of Dade County, Florida in 2001 and 2003. Other rights afforded to me by the Company, including indemnity provisions, and related legal expenses, will be made in due course. Very truly yours, Richard A. Altomare