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Microcap & Penny Stocks : UNIVERSAL EXPRESS INC - USXP -- Ignore unavailable to you. Want to Upgrade?


To: blash who wrote (435)6/30/1998 6:57:00 PM
From: MoneyMade  Respond to of 2493
 
Thanks! I'M PUMPED once the SKYNET DEAL IS FINALIZED SEE YA!

With 1 million shares outstanding can someone explain how this stock
is going to tank??? Unless, Lakers scenario of Altomar printing
more shares becomes fact.

But, on the contrary Altomar maintains a major short position..
"I love this game!" regardless of what you think Altomar has
did exactly what was said..especially point #2 the most important

Per Altomar:

The share # is between 1-1.5 M as others have reported. He states that the Company has been authorized to create 300M (not 50M) shares and that this info is public (he wasn't sure where I could find it though).He clearly stated that this is "the best time to buy". There are 3 major events that have occurred that should make everyone optimistic: 1. 10M in financing,2. settled convertible debenture, 3. Skynet. The 10M is "in the bank". It is to be used to close the Skynet deal as well as to use to shop 2 other companies USXP is considering
buying. Additionally he has met with 2 other financing companies recently, to presumably acquire more funds for other acquisitions.

COME ON SHORTS EARN YOUR $100 PER HOUR AND BASH AWAY

MoneyMade

Look at this daytraders
Day Range
1 1/2 - 2 7/8




To: blash who wrote (435)6/30/1998 7:51:00 PM
From: Jester  Read Replies (4) | Respond to of 2493
 
I read some of these posts in disbelief. This guy totally screwed you. He sprung a reverse split on his shareholders that took the stock from .065 to the equivalent of .0375. A loss of more than 42%. Catch the shorts? Yes, nice job he just made them a profit of over 42% in one day. The naked short idea was valid when we thought the float was 38M. Since it was actually 100M the naked short position is a joke. Don't you think the shorts knew how long they had to cover as we did? Not one had the slightest problem doing it. Even if the short position was 70M, after the split it is 1M. The rules for them are no different than for us.

Who would not confirm the RS when they were asked point blank yesterday if it was going to happen? Who sold off all those shares as we were buying? Who knew the float was 100 million and purposely kept it from his shareholders? How many times was that float question asked and the company lied? Who knifed his investors in the back by springing a reverse split on them under extremely questionable circumstances? Now he dangles the hope of the Skynet deal in front of everyone. Keeps the shareholders hoping that maybe they won't get screwed again. He offers meaningless warrants designed solely to keep you from selling. So you get more stock down the road that you can't sell. Are his shares restricted?

Some of you will stick it out regardless of what he does. It's like the beaten wife syndrome. Just can't help coming back. Why should he flee the country? His cash cow is here. His investors. The company filed the paperwork with OTC yesterday, it was published on the OTC web page, and still people did not believe it.

The company just received $10 million in financing. This is debt. What could be the motivation for Skynet to do a deal with them? What is USXP's authorized shares now? Will they issue more to buy Skynet? Will they advise you if they do? Why would they not do this all over again?

I never make predictions because only a fool thinks he knows what will happen in the future. But I am going way out of character on this one and do it because this guy's actions are so incredibly specious.

This stock will be under $1 by the end of July.
This stock ranks with Boston Chicken on stocks not to buy. And BOST has a much more promising future.
I hope I am wrong for the long's sake.

djb



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