SkyPostal Networks, Inc. (SKPN) news stock charts
SkyPostal Networks, Inc. (SKPN/SKPN.OB) Investment Summary:
SkyPostal Networks, Inc. operates as an international mail distribution company that specializes in the hand delivery to final addressees of commercial mail and periodicals mailed into the Latin America-Caribbean region (LAC) from the United States and Europe. It provides international, wholesale mail delivery services to 20 major countries in LAC. The company offers a door-to-door service principally using outsourced transportation via international commercial airlines and local in-country delivery companies, private postal services, and national postal services in certain countries. It serves commercial re-mailers, mail consolidators, mail fulfillment houses, and the facilities of internat...SKYPOSTAL NETWORKS INC (SKPN:OTC Bulletin Board Market)
Snapshot of SKYPOSTAL NETWORKS INC (SKPN)
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OPEN
$0.07
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PREVIOUS CLOSE
$0.07
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DAY HIGH
$0.07
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DAY LOW
$0.07
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52 WEEK HIGH
06/4/09 - $1.01
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52 WEEK LOW
07/8/09 - $0.06
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MARKET CAP
4.8M
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AVERAGE VOLUME 10 D
5.0K
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EPS TTM
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SHARES OUTSTANDING
67.9M
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SKPN Does Not Pay Dividends
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P/E TTM
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Key developments for SKYPOSTAL NETWORKS INC (SKPN)
SkyPostal Networks, Inc. announced it has been awarded the contract valued at USD 2 million to deliver mail originated by the National Postal Service of France, La Poste. Mail originating from France, United Kingdom and La Poste's Office of Exchange in the United States will be transported and delivered by SkyPostal into Latin America and Caribbean (LAC). With the advent of EU mandated postal liberalization in Europe, SkyPostal in 2004 identified the need of the European National Postal operators to improve their mail delivery service into LAC. The Universal Postal Union's network in the region offered no integrated technology and could not meet the service and pricing needs demanded by a liberalized and competitive cross border postal market.
SkyPostal Networks, Inc. announced that it has entered into a co-marketing agreement for its PuntoMio online shopping facilitator under the name GlobalShop, with Garanti Bank. Under the agreement, GlobalShop provides Garanti Bank customers with the easiest and most secure way to shop from the U.S., by merging the convenience of comparison shopping through a searchable online shopping portal with a virtual U.S. address which they use to receive their online purchases. GlobalShop will allow Garanti Bank customers the opportunity to shop at more than 1.7 million leading American retail stores, catalogs and websites from the comfort of their own home. GlobalShop bridges the gap between the online international shopper and U.S.-based Internet merchants from the time of purchase through final international delivery to the customer's home or office. GlobalShop offers the best selection and prices online, up-to-the-minute sales and promotions in the U.S., low shipping rates to Turkey, guaranteed package delivery and full support for Garanti Bank customers. As part of the service, GlobalShop will provide customers with a Concierge Service assisting with personalized shopping, locating products and stores, as well as tailored advice. GlobalShop resolves other typical cross-border challenges such as knowing the total cost of a product including Customs charges and makes returning purchases trouble-free. GlobalShop will offer the services to all Turkish American Express Cardmembers through Garanti Bank, providing Garanti Bank with a SkyPostal-owned, custom website with American Express branding, for shopping using their American Express cards. Garanti Bank will provide marketing aimed at promoting GlobalShop's services, using a combination of marketing channels including email promotions, inclusion in Member Benefits communications, statement mailings, co-branding and advertising.
Mr. David Fineman has resigned from SkyPostal Networks, Inc. board of directors effective November 17, 2009. Mr. Fineman had accepted the Chairmanship of the DHL Global Mail (DHLGM), USA Board of Directors on May 1, 2009 with company's approval.
SkyPostal Networks, Inc. financial resources
SKPN Competitors
| Company | Last | Change |
| FedEx Corp | $91.05 USD | -1.62 |
| United Parcel Service Inc | $64.33 USD | -0.09 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | SKPN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.5x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.5x |
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SKPN |
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SKPN transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About SkyPostal Networks, Inc.
SkyPostal Networks To Co-Market GlobalShop Online Shopping Facilitator to American Express Cardmembers in Turkey with Garanti Bank
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SkyPostal Awarded Mail Delivery Contract into Latin America by French National Postal Service - La Poste
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SKYPOSTAL NETWORKS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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SkyPostal Awarded Mail Delivery Contract into Latin America by French National Postal Service - La Poste
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SkyPostal Networks To Co-Market GlobalShop Online Shopping Facilitator to American Express Cardmembers in Turkey with Garanti Bank
Read article
SKYPOSTAL NETWORKS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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SKYPOSTAL NETWORKS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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SKY POSTAL NETWORKS, INC Files SEC form 10-Q, Quarterly Report
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SKYPOSTAL NETWORKS, INC. Files SEC form 8-K, Change in Directors or Principal Officers
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SKYPOSTAL NETWORKS, INC. Files SEC form 10-Q, Quarterly Report
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SKY POSTAL NETWORKS, INC Files SEC form 10-Q, Quarterly Report
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