Alpine Air Express Acquired by Universal Express

Monday October 11, 6:30 am ET


PROVO, Utah--(BUSINESS WIRE)--Oct. 11, 2004--Alpine Air Express, Inc. (OTCBB:ALPE - News), (the Company) and its subsidiary, Alpine Aviation Inc., which is the third largest regional cargo airline and transportation logistics company in the U.S., with a fleet of 30 airplanes and projected annual sales of $20M+, announces that Universal Express, Inc. has reached an agreement with the Company to purchase 80% of its outstanding shares. Multiple documents setting forth the terms and conditions of the agreement have been presented to and accepted by Universal Express.
The terms and agreements submitted by Universal Express have been accepted by the partnership, which holds Alpine's 80% majority. All of Alpine's shareholders will have the opportunity to participate in this transaction as well, according to Alpine's senior corporate management.

" Our first cargo airline acquisition now allows us to utilize the management team of Alpine to enhance our existing operations and advance additional airline acquisitions of which discussions have been ongoing," said Richard A. Altomare, Chairman & CEO of Universal Express.

" Alpine's cash acquisition cost is approximately $12,000,000, not including debt refinancing. With over $30,000,000 in assets, along with its U.S. Postal Service contracts, this undervalued cargo airline located in Provo, Utah, will maintain its experienced management team and remain initially as a separate trading entity," continued Mr. Altomare.

" Obviously an announcement of this importance will necessitate subsequent filings and public updates. This is our initial transportation and funding announcement as this strategic addition by Universal Express of Alpine Air Express begins to be assimilated by analysts, shareholders and our investors.

" I would like to thank Alpine's Board members and our multiple funding sources for their confidence and support of Universal Express' commitment to become a significant player in the regional cargo airline and luggage transportation industries," concluded Mr. Altomare.

Founded in 1975, Alpine Air, a wholly owned subsidiary of Alpine Air Express Inc., provides competitively priced scheduled air cargo flights throughout the western and southwestern United States. The Company has an established client base that includes various contract operations and the U.S. Postal Service. Alpine Air provides superior " on time" performance and reliability, together with the flexibility to adapt quickly to the growing frequency and capacity requirements of its clients.

This press release may contain forward-looking statements including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, realization of U.S.P.S. projected volumes, changes in anticipated earnings of the company and other factors detailed in the company's filings with the SEC. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public.



--------------------------------------------------
Contact:
Alpine Air Express, Inc., Provo
Michael Dancy, 801-746-3570
e-mail: investor@alpine-air.com
www.alpine-air.com



--------------------------------------------------
Source: Alpine Air Express, Inc.  

 

Immer noch bei usxp ?!

Hat Altomare endlich seine airline gekauft?

greetz joker

 

Jo hat er :)
Hab ja immer fett nachgekauft :D

Mal sehen was die Woche kursmässig passiert :)  

angezogen und wenn der Ami mitmacht,dann siehst Du den cent wieder von oben:-)

Ich wünsche es Dir.

greetz joker  

aber hier interessierts kein schwein . . .

hallo

aufwachen . . .  

Universal Express Purchases Alpine Airlines



BW5526 OCT 11,2004 7:29 PACIFIC 10:29 EASTERN



( BW)(NY-UNIVERSAL-EXPRESS)(USXP) Universal Express Purchases AlpineAirlines

Business Editors/Travel Writers/Transportation Writers

NEW YORK--(BUSINESS WIRE)--Oct. 11, 2004--Universal Express Inc.(OTCBB:USXP), effective 8:01 p.m. on Friday, October 8, 2004,Universal Express announced its purchase of 80% of Alpine Airline(OTCBB:ALPE).
Universal Express´ offer has been initially accepted by Alpine´sBoard of Directors.
Multiple closing documents are ongoing and signed ownershipdocuments have been accepted by Universal Express.
"The terms and agreements submitted by Universal Express have beenaccepted by me," said Gene Mallette, Alpine´s 80% majority owner andPresident.
"Our first cargo airline now permits us to utilize the managementteam of Alpine to advance the additional (5) cargo airlines thatdiscussions have been ongoing with," said Richard A. Altomare,Chairman & CEO of Universal Express.
"Alpine´s acquisition cost is approximately $12,000,000 and over$30,000,000 in unencumbered assets will be acquired by UniversalExpress along with its United States Postal System contracts and$20,000,000 in revenues," continued, Richard A. Altomare.
"This undervalued cargo airline located in Provo, Utah willmaintain its management and will remain initially as a separatetrading entity," said Richard A. Altomare.
"Obviously an announcement of this importance will necessitatesubsequent filings and public updates. This is our initialtransportation and funding announcement as this ongoing story ofUniversal Express and now Alpine Airlines begins to be assimilated byanalysts, shareholders and our investors," concluded Richard A.Altomare.
I would like to thank Alpine Board Members and our multiplefunding sources for their confidence and support of Universal Expressand its management.

About Universal Express

Universal Express, Inc. owns and operates several subsidiariesincluding Universal Express Capital Corp., (including its USXP CashExpress division) Universal Express Logistics, Inc. (including VirtualBellhop, LLC and Luggage Express), and the UniversalPost Network.These subsidiaries and divisions provide the private postal industryand consumers with value-added services and products, logisticalservices, equipment leasing, and cost-effective delivery of goodsworldwide.

About Alpine Air

Founded in 1975, Alpine Air, a wholly owned subsidiary of AlpineAir Express Inc., provides competitively priced scheduled air cargoflights throughout the western and southwestern United States. TheCompany has an established client base that includes various contractoperations and the U.S. Postal Service. Alpine Air provides superior"on time" performance and reliability, together with the flexibilityto adapt quickly to the growing frequency and capacity requirements ofits clients.

Safe Harbor Statement under the Private securities LitigationReform Act of 1995: The statements contained herein, which are nothistorical, are forward-looking statements that are subject to risksand uncertainties that could cause actual results to differ materiallyfrom those expressed in the forward-looking statements including, butnot limited to, certain delays beyond the Company´s control withrespect to market acceptance of new technologies, products andservices, delays in testing and evaluation of products and services,and other risks detailed from time to time in the Company´s filingswith the Securities and Exchange Commission.

--30--NR/ny* CONTACT: TransMedia Group Glen Calder, 561-750-9800 KEYWORD: NEW YORK INDUSTRY KEYWORD: AIRLINES TRANSPORTATION TRAVEL MERGERS/ACQ SOURCE: Universal Express, Inc.Copyright Business Wire 2004

(c) 2004 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.



Autor: © Business Wire , 16:29 11.10.04
 

UNIVERSAL EXPRESS INC - Nasdaq OTC BB: USXP
Real-time ECN Quote*

Last	Change (%)	After Hours Chg (%)**	Trade Time	Bid	Ask
--	--	--	--	--	--

---

Exchange Quote

Last	Change (%)	Trade Time	Bid (size)	Ask (size)
0.0178	0.0099 (125.32)	11:09	0.017 (50)	0.0178 (50)
Latest Ticks	Prev Close	Open	Low	High
+-++	0.0079	0.0078	0.0078	0.0178
Day Volume	Avg Day Vol	VWAP	52 Wk Low	52 Wk High
25,280,270	6,823,100	0.012	0.0015	0.131
# of Trades	Last Size	Avg Trade Size	P/E Ratio	Market Cap (mil)
366	6,000	69,072	0	12

 

Greetz  f-h

http://www.anmeldung.boerse-total.de

 

...  

alle bei w:o und jepp bin dabei :D

0.1 soon imo.  

passt doch - komme meinen einstandskursen wieder näher :-)  

Was lange wehrt wird endlich gut!

Go usxp!

greetz joker  

ich gönne es vor allem mir :-)

ab damals 40000 mit 0,032 eingekauft - d.h. ich bin noch in den miesen :-/

hoffe das ich wenigstens 0 auf 0 rauskomme oder meint ihr die steigen über 0,032?

JM  

0,032 damit Du aus den miesen kommst und somit ich auch
da ich einen ähnlichen Mittelkurs habe.

ciao ganaelle  

dabei bis 0,017$ mit über 100% raus mit der hälfte -restBestand ist jetzt umsonst
jetzt müß mer mal schaun was passiert,jep  

bestaetigt, ist die airline erst der anfang vom lied.
wie auf der webseite von usxp zu lesen ist, sind die noch mit weiteren 5 Airlines im gespraech. und die weiterhin im raum stehenden 600 Mio. Dollar an zu erhaltenden entschaedigungszahlungen (seit 2 Jahren) sorgen immer fuer reichlich spekulationsraum.

hier die quelle: “Our first cargo airline now permits us to utilize the management team of Alpine to advance the additional (5) cargo airlines that discussions have been ongoing with,” said Richard A. Altomare, Chairman &CEO of Universal Express.

bin gespannt, was diese woche noch alles passiert. ein kleine position kann eigentlich kaum schaden.

gruss
seavers


 

wir haben irgendwas um die 200 % in usa . . .

bin mal auf morgen gespannt wie das weitergeht . . .  

schön das ihr doch noch Freude bekommt mit diesem Wert.
War sehr froh damals noch bei 0,09€ rausgekommen zu sein, mit +- Null, weil dann is der Laden ja total abgeschmiert.
Jetz habenses endlich geschafft ne Airline, wenn auch nur ne kleine zu übernehmen.
Trotz allem werde ich mich an diesem möglichen Run nich beteiligen, da ich mir selber feste Kriterien gesetzt habe, wenn ich bestimmte Aktien kaufe. Und bei USXP gefällt mir halt nich diese extrem hohe Anzahl aussenstehender Aktien. Und um solche Deals und weitere Aquisitionen zu tätigen, werden sie gezwungen sein, bald wieder neue Aktien rauszubringen (oder sie kriegen die 600 Mio. Schadensersatz).
Wenn die baldige Ernüchterung dann wiederkommt, dann kommt auch der Kurs wieder, denn die OTC is halt nur ein Zockergetümmel und hat mit Langfrist-investitionen gar nix gemein, grad bei solch niedrigen Pennystocks.
Ich würde deshalb niemanden raten hier groß reinzugehen und grad jetz nach 200%. Sicher lockt einen die 0,1$ Marke, aber man muß halt auch realisieren dass USXP bei 0,1$ auch schon ne MK von über 60 Mio$ hätte und ich wüsste nich wann sie jemals auch nur annähernd sonen Umsatz, geschweige denn Gewinn ausgewiesen haben.
Sicher kann durch die übernommene Airline der Umsatz die 20-30 Mio$ erreichen, aber auch dann läge der faire Kurs etwa bei 0,05$, wenn man überhaupt von fairen Kursen bei OTC's sprechen kann.
Börsenneulingen kann ich von solchen spekulativen Aktien nur abraten, schaut lieber zu und lernt für die Zukunft. Das W:0 Board is voll von Gejammer, abgestürzter OTC's die alle mit 10000% angepriesen wurden.

Gruß
 

UNIVERSAL EXPRESS INC - Nasdaq OTC BB: USXP
Real-time ECN Quote*

Last	Change (%)	After Hours Chg (%)**	Trade Time	Bid	Ask
--	--	--	--	--	--

---

Exchange Quote

Last	Change (%)	Trade Time	Bid (size)	Ask (size)
0.0252	0.0173 (218.99)	15:59	0.025 (50)	0.0251 (50)
Latest Ticks	Prev Close	Open	Low	High
-===	0.0079	0.0078	0.0078	0.026
Day Volume	Avg Day Vol	VWAP	52 Wk Low	52 Wk High
115,731,282	6,823,100	0.0179	0.0015	0.131
# of Trades	Last Size	Avg Trade Size	P/E Ratio	Market Cap (mil)
2,272	25,000	50,938	0	17

Greetz  f-h

http://www.anmeldung.boerse-total.de

 

 

mit meiner Prognose von 30-40% Plus

UNIVERSAL EXPRES (OTC BB: USXP.OB) Delayed quote data by Reuters

Last Trade: 0.0252 Trade Time: Oct 11 Change: 0.0173 (218.99%) Prev Close: 0.0079 Open: 0.0078 Bid: 0.025 x 5000 Ask: 0.0251 x 5000 1y Target Est: N/A

Day's Range: 0.0078 - 0.026 52wk Range: 0.0015 - 0.131 Volume: 115,731,280 Avg Vol (3m): 6,740,136 Market Cap: 17.19M P/E (ttm): N/A EPS (ttm): -0.015 Div & Yield: N/A (N/A)

CIAO  

Besser etwas niedriger ansetzen und sich mehr freuen:-)  

bid seite. die frage ist weiter halten und auf amiland warten oder
jetzt mit gewinn verkaufen. ich weiß nicht ich weiß nicht

:-)  

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