Universal Express FAQ's  
 


 
Universal Express' Frequently Asked Questions.
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Does Universal Express Franchise any of its' services such as UniversalPost, or Luggage Express?

Currently, Universal Express' Division LEAP (Luggage Express Affiliate Program) is obtaining franchising rights and preparing to franchise Luggage Express services. These areas will consist of approximately 1 million people per zone.

UniversalPost (PostalNation) does not franchise. PostalNation is an association for private postal stores, we are not a franchisor of these stores.


What does Universal Express "do"?

Universal Express is a transportation and logistics company. We provide numerous transportation oriented services such as Luggage Delivery Services through our divisions Luggage Express and VirtualBellhop.

We also provide courier and delivery services such as freight and cargo, letter services, maritime services, etc through Universal Logistics.

MadPackers provides Door to Dorm college shipping services for students, delivering their possessions to and from their homes and campus'.

PostalNation is an association for private postal stores. We offer products and services to this industry through our member area at www.postalnation.com.

Universal Luggage Found picks up lost or misplaced luggage from airports and delivers them to the owner through contracts we have in place with major airlines and numerous airports.


How did Universal Express come to be?

In 1988, Richard Altomare became trustee for Packaging Plus Services, a bankrupt public company in the private postal industry that was a franchisor for private postal stores. He reduced its debt, renamed it, and refocused it’s main business to providing the private postal industry with revenue generating programs and products. 17 years later Universal Express continues to grow it’s postal association and it’s other created and acquired businesses.

What is the current and future vision for Universal Express, and how will these affect shareholders?

Universal Express’ vision has always been that of supporting private postal stores. Along the way, we have increased our vision by providing stress free travel and at the same time fighting to make air travel safer by separating travelers from luggage to decrease the possibility of terrorism in the air. We’ve also worked on increasing our general exposure and revenue by offering a multitude of gift cards and prepaid solutions to the general public through kiosks and gift card programs set up throughout the United States in various high profile retail centers. Our vision never changes, it is merely to increase revenue, profits and shareholder equity by increasing our exposure through new and innovative solutions. The more we do, the better we do it, the better the result for our loyal shareholders.

Universal Express has made a number of acquisitions in the past. Is Universal prepared to make more?

We are always seeking possible acquisitions which are synergistic with our core developing businesses. Transportation and Logistics companies are always a Universal Express priority when it comes to acquisitions. Airlines, trucking, courier services, and innovative companies that can help provide our core business with new forms of revenue and that will compliment our other divisions is always our focus when it comes to acquisitions.

Is Universal Express listed on any other exchanges besides the OTC?

Yes. Frankfurt, Germany. We are listed in the Frankfurt Exchange under ticker symbol UEX.

What is Universal’ competitive advantages?

We are in the forefront of the Luggage Delivery industry. The Wall Street Journal had picked Luggage Express as the number one Luggage Delivery service in the country. Our Private Postal Industry is unique and has no sizeable competition to speak of. Also, our greatest advantage is our management team, along with our persistence and drive to create a company that continuously grows by strengthening our core business through new programs and products as well as acquisitions that will give us the competitive advantage we need to make Universal Express a world class transportation and logistics company.

When was Universal Express incorporated?

1983. Originally, Universal Express, Inc. was called Packaging Plus Services (OTCBB:PKGP). Richard Altomare took this company out of bankruptcy and changed its name in 1997 to Universal Express, Inc.

How many people does Universal Express employ?

Currently, in our Boca Raton office we employ 40. Our Miami Transportation and Logistics office employees approximately 20. We also have offices in NY, Our need for new employees is constant due to the increasing size of each of our divisions, as well as the ever changing transportation and logistics environment.

When does the Company’s fiscal year end?

June 30th

What are Universal Express’ primary sources of revenue?

Each division contributes, but restricted share investments and banking fundings assist in our growth.

What does Universal Express do to advertise and promote its’ services?

Universal Express has ongoing TV, Radio, Newspaper and Internet advertising campaigns. Each divisions is unique and is advertised, marketed and promoted to its targeted audience. Some require more or less of one of the above forms of advertising. Much of our promotion comes in the form of partnerships with like minded and synergistic companies.

Sports advertising. Universal Express has formed promotional and advertising partnerships in a variety of sports industries. We sponsor a Grand Am race team, Luggage Express race team through Sigalsport, sponsoring its number 5 Rolex Series DP race car. We also advertise with teams such as the Florida Panthers, NY Rangers, NY Knicks, NJ Nets, NY Mets, the National Hockey League and Major League Soccer. This form of Advertising helps the branding of our names as each event can be seen by upwards of 2 million people.


What is “Naked Short Selling”, and does the company believe it is being Shorted?

Naked shorting is the electronic churning of the Company’s shares through “uncovered” sales of shares borrowed many times, resulting in the issuance by the shorters of many millions of “counterfeit” shares. The Company has been naked shorted since 1997, at least.

Are the $700,000,000 Judgments Universal received from Naked Short Selers still collectable?

Universal Express stated repeatedly that the naked short selling judgments are substantially collectable. Whether it be the defendants, their bankers, their insurance companies or any regulatory agency that participated in the naked short selling scheme that has damaged and continues to weaken the core of American Industry – the developing and newly formed companies with new ideas and employee hiring's; Universal Express will prosecute with intensity to accomplish collection for our shareholders.

What’s the status of Universal’s lawsuit against the SEC?

Universal Express sued the SEC in Florida (Click here for memo of opposition). The SEC has attempted, in our opinion, to silence the messengers on the naked short selling issues. To-date, Universal Express and its officers remain optimistic and confident as to the progress and resolution of all matters.

Does Universal Express pay a dividend?

Universal Express has paid dividends 4 times in previous years.

Approximately how many shareholders does Universal Express currently have?

According to listings available to us, there are currently over 30,000 Universal Express Shareholders on record.

Does Universal Express believe Luggage Express can play an important role in National Security within Homeland Security, and why?

Universal Express is working with congress to help increase air travel, as well as national security through it’s subsidiary Luggage Express. Richard Altomare is lobbying congress to adopt new ideas and programs to help this important issue along. Click here to see Richard Altomare’s white paper that was submitted to congress.

What is the main goal for Luggage Express?

To take Luggage out of the equation for Airports and to separate passengers from their suitcases which will create stress free travel and decrease lost luggage claims, along with helping to provide safer air travel for business people and vacationers alike.

Does Universal Express have any future plans to move to a different exchange?

It has always been our goal to move to a more regulated exchange that consists of a specialist and eliminates naked short selling from the capitalization formula.

When will you hold your next quarterly conference call?

Occasionally we have conference calls in the month following our quarterly filing but we also have webcasts which are held at different times throughout the year. By going to our Articles and Interviews archive area, you can listen to many of our past webcasts.

Does Universal Express currently have an Investor Relations department or firm, and if so, how can they be contacted?

Shareholders can call or email the Company directly at info@usxp.com and one of our Public Relations or Investor Relation firms will respond.

 
 
     
 

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