Moderated By: FARcom -- (Not Moderated) -- Started: 8/23/1998 1:10:00 PM Revision History
Oct, 7/98. From R Atlromare CEO usxp
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Q: Is the newsletter sample in the IR package mailed to
everyone on the apac list? If not just a rough percentage
please?
A: RA: Yes, we send out at least 5,000 newsletters per month, and receive suggestions, comments, and feedback on each issue. Nick DeLeone and his staff have increased our distibution, and the quality and frequency of these newsletters each month.<br>
Q. Filing date aproximately please?
A:RA:
Next Tuesday.
Q:Is Skynet still progressing?
A:RA: Yes it is.
We are well within our projected time frame.
Q: Is JJ Williams a done deal? Is this where the 1.2
million order is being done? Could you comment on
progress?
A: RA: The JJ Williams deal is moving toward completion. At present we are outsourcing to different manufacturers. Our commitment to provide corrugated is still on track and on target. The orders already obtained are being filled and schedules are being met. When we obtain the facilities for corrugated manufacturing we will transfer all orders over to these new facilities and continue on as we have. The progress with our corrugated division is excellent.
Q: Is Skynet Russia happening or is it long
projection?
A: RA: Upon completion of Skynet.
Q: When will the pps web page be up approximately
please?
A: RA: Due to scheduling, and work loads, this site has been held up for a few days. I do believe there is only one page to be completed.
Q: 7. Anything else that might be of intrest to
shareholders<
A: RA: I have complete confidence in our future. Financing is moving forward, acquistions are moving forward as well, and all is being done within the time frame we expected.
Mr. *EDIT*, thank you once again for your continued support of Universal
Express, Inc.
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USXP FORMERLY PKGP, a little recent history:
Many have been stuck in this stock after the 70:1 Reverse split. Others come from even earlier and have also been thru the 12:1 RS. Many letters of intent, few (but some) results to date. It's seems we have reached a defining moment where Skynet will take place or be over forever. It does appear that R. Altromare has the funds(loan) to start the music!
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Monday August 17, 1:01 pm Eastern Time
Company Press Release
Universal Express Executes Definitive Agreement for
SKYNET Acquisition
PLAINVIEW, N.Y.--(BUSINESS WIRE)--Aug. 17, 1998--UNIVERSAL EXPRESS, INC. (OTC BB:USXP - news) today announced the execution by all parties of the definitive stock purchase agreement to purchase SKYWORLD INTERNATIONAL COURIER d/b/a/ SKYNET WORLDWIDE EXPRESS of Miami, Florida and its related companies (SKYNET MIAMI).
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%. The final Closing is expected very shortly, as employment and service contracts, exhibits and financial guarantees are finalized and approved.
Nick DeLeone, President of PKGP's subsidiary, THE ASSOCIATION OF PACKAGERS AND CARRRIERS (APAC) stated:
''We have created a private postal association and enhanced it with items such as custom corrugated services and shipping.Private postal stores have never had their own International Shipping service. Now, with the contemplated addition of SKYNET MIAMI, 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. APAC is continually expanding profitable opportunities for its members which will further assure its position as a serious contender in the vast postal and shipping industry as we head into the 21st Century.''
''With $7,500,000 in revenues and $650,000 in operating income, before interest and taxes, not including APAC's potential sales,
this vehicle is a very defining acquisition in USXP's plans for corporate growth'', said Richard A. Altomare, CEO and Chairman of
USXP.
Universal Express owns and operates several subsidiaries in the packaging and shipping businesses including THE ASSOCIATION OF PACKAGERS AND CARRIERS. APAC provides access to business services and logistically convenient and cost effect delivery of goods worldwide. USXP's other subsidiaries are engaged in corrugated container manufacturing, advertising, entertainment and additional support services for APAC.
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Skynet worldwide express same as in the release(note mia((miami)):
http://www.skynetmia.com/services.htm <http://www.skynetmia.com/services.htm>
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APAC web site:
http://www.useapac.com <http://www.useapac.com>
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New usxp web site:
http://www.usxp.com/usxpmain.htm <http://www.usxp.com/usxpmain.htm>
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legal info:
______________________________
PLAINVIEW, N.Y., April 9 /PRNewswire/ -- Chris G. Gunderson, Jr., General
Counsel of Packaging Plus Services, Inc. (OTC Bulletin Board: PKGP),
announced the filing of a suit in the Circuit Court, Dade County, Florida, against Select Capital, Ronald G. Williams, Walter S. Kolker and Sheldon Taiger for compensatory and punitive damages, and return of fees and commissions, for breach of contract for failure to honor previous funding commitments and promises, for an amount in excess
of $68 million, including related counts for fraud, conversion and conspiracy. Mr. Gunderson stated that PKGP is represented in this suit by prominent Miami attorney, Arthur W. Tifford, Esq.
Best Fishes,
FP
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