June 24 was a busy day for filings in the matter of SEC v USXP. Jane Moscowitz, USXP's court appointed receiver, submitted filings detailing her actions as Receiver of USXP.


The filings comprised the  third receivers report, giving ever more insight into Altomare's finances, and  illuminating his low whine threshold.

06/24/2008 334 MOTION Third Report of The Receiver of Universal Express, Inc.. Document filed by Jane W. Moscowitz. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F)(Moscowitz, Jane)

 Exhibit A is Altomares  personal financial statement submitted to First Capital Lending. It is rather damning, and the phrase bank fraud leaps to mind.

Exhibit B is a handwritten offer from Richard Altomare to purchase 69% of Sky Portal? in Miami for $6 million. This may be the European shell he was attempting to flack during his comeback, before his untimely incarceration put a kink in the hose.

Exhibit C  is a list of USXP payables as of September, 2007. Not the $96,000 due Quantum Matrix, which is none other  than long time, now unpaid, shill C Austin "Bud" Burrell, shief Altomare apologist and penny stock scammer in his ownb right.

Exhibit D is a letter and attachments submitted to the receiver by Altomare. It details money he claims he is owed by the company. I guess he wants to be first in line at the bankruptcy.

Exhibit E  is an exchange of corresponsence regarding "naked short selling" between Ms. Moscowitz and the SEC IG.

Exhibit F  is a report of the finances of the receivership.