March 14, 2007 10:02 AM Eastern Daylight Time CORRECTING and REPLACING Universal Express Commends Bloomberg on Naked Short Selling Expose’ CORRECTION...by Universal Express Inc. NEW YORK--(BUSINESS WIRE)--First graph, URL has changed to www.bloomberg.com/news/av/
The corrected release reads:
UNIVERSAL EXPRESS COMMENDS BLOOMBERG ON NAKED SHORT SELLING EXPOSE’
Universal Express Inc. (OTCBB: USXP), commends Bloomberg on its Naked Short Selling expose’ entitled, “Phantom Shares, Failed Trades, and Naked Shorts, which appeared on March 13, 2007 on Bloomberg.com and aired on Bloomberg TV last night at 7:00pm, 9:00pm and 10:00pm EST. (http://www.bloomberg.com/news/av/)
Bloomberg's Michael Schneider reports on the practice of naked short selling, its impact on companies and efforts to combat abuses. Naked short selling involves selling stocks short without ever borrowing the shares, meaning sellers can place unlimited sales orders to drive down a company's stock.
“The issue of Naked Short Selling is becoming a more mainstream topic amongst companies, investors and investigative reporters. Those who say it does not exist need only look at reports such as the one broadcast by Bloomberg or listen to CEO’s of companies who are being damaged by this issue such as ourselves. We commend Bloomberg for its bravery and foresight in bringing this issue more into perspective and into the light,” said Richard A. Altomare.
Universal Express, Inc. is a 23 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
johmond: So proboards wants a contribution now, how about they put back 1MM's......
Feb 24, 2021 18:00:23 GMT -4
mayz: Still here and keeping the faith.
Feb 24, 2021 18:35:01 GMT -4
Jed: Did you ALL know that Proboards was collecting and selling our personal information all these years??? Scroll to the very bottom of the donation page www.proboards.com/contribute See where it says “Do Not Sell My Personal Information"
Feb 24, 2021 20:16:41 GMT -4
narvo: Wondering if anyone here ever knew the shareholder last name Ehmann from the desert area of California? He was a good man and he liked fell off the face of the Earth. I am sensing a bad feeling. He held many shares. Thx, Narvo
Feb 25, 2021 0:20:13 GMT -4
bbildman: 2 Covid Moderna vaccine shot done, nd I am still alive
Feb 25, 2021 16:14:52 GMT -4
narvo: Another link with CMKX in it.QFS Schedule: According to Military Intel Contact Tier 4B should be notified to set redemption/ exchange appointments on Mon. 1 March or Tues. 2 March,though it may happen sooner.QuantumFinancialSystem anonup.com/thread
Feb 28, 2021 0:02:28 GMT -4