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

To: Magic RN who wrote (681)	7/2/1998 2:35:00 PM
From: Patrick Lauder	Read Replies (2) \| Respond to of 2493

I am still holding lots of shares and I am feeling ripped off! I read somewhere they had a ceiling of 50 million shares that could be issued. It seems they ended up with 70 million shares pre-split. Where did these other shares come from and was it illegal that they were issued given the ceiling? Can we sue these guys for this behavior? TIA, Pat

To: Magic RN who wrote (681)	7/2/1998 2:42:00 PM
From: JRB	Respond to of 2493

RE: Certs. This is from the Terms and Conditions of NDB when you sign a brokerage agreement. I'm sure other broker's agreements have similar worded statements. "11. Customer's responsibility regarding certain securities Certain securities may grant the securities holder valuable rights which may expire unless the holder takes action. These securities include (but are not limited to): warrants; stock rights; convertible securities; bonds; and securities subject to a tender or exchange offer. I acknowledge that I am responsible for knowing the rights and terms of all securities in my account. NDB is not obligated to notifiy me of any upcoming expiration or redemption dates, or to take any action on my behalf without specific instructions from me except as required by law and rules of regulatory authorities." The first sentence says it all. So........I'm calling in my certs. RB