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Description of Business
3 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business

NOTE 1 — Description of Business

We are an Emerging Growth Company with revenue generating operations. We were formed on June 23, 2017 and have six years of business experience.

The United Express operates as a general company of transportation and logistics - to delivery merchandises and other items for companies and individuals across the United State. As such, it is difficult to determine the average customer of the Company as the business will have the freedom and the ability to effectively arrange for the transportation any type of merchandise. Management anticipates that the business will receive orders for service from companies seeking to move merchandise, as well as, people relocating to different areas of the target regional market areas. A primary concern for the Company is its ability to quickly respond to customer request, give affordable price for the services, and carry the full responsibility from pick up to drop off. Fluctuations in oil prices has caused the freight and logistic industries costs to be to increase during last 3 months. In the event of a significant increase the price of fuel, we will also reasonably increase prices (at a standardized rate of markup) to ensure the profitability of the business. We providing dispatch services for the other companies. In this field company doing search for transportation providers and connect them to cargo owners based upon delivery requirements, transportation routes, type of shipment, equipment requirements, cargo size, delivery time and price.

On September 21st 2023, United Express, Inc. (OTCQB: UNXP) was pleased to announce the entering into a definitive share exchange agreement with Jebour2 Limited ("Jebour2") and its security holders in respect of its acquisition of all the issued and outstanding securities of Jebour2. This company holds a Nevada, US based live sports promotion business, Fighting Leagues LV inc. (“Fighting Leagues”)

Fighting Leagues, previously known as Final Fight Championship (FFC), is recognized as one of the world's leading and most active premier fighting sports promotion companies. This Nevada-based business specializes in organizing combat sports events and selling media rights on an international scale. A notable aspect of this acquisition is the 100% acquisition of Fighting Leagues, which brings with it a valuable license issued by the Nevada State Athletic Commission. This license is unique, as it allows the company as the only one in the state of Nevada to produce live Kickboxing, Boxing, and MMA shows, notably in Las Vegas. It will empower the company with a lot of new opportunities to show itself as an indisputable leader in the industry.

Another important benefit of the acquisition is the TV rights for the 40 shows previously held, showing fighters such as Rico Rodriguez, a renowned American MMA fighter who has competed in some of the world's most prominent combat sports organizations, including the UFC, PRIDE, Bellator, and many others. Other fighters include Mirko Filipović and Pavel Zhuravlev. The TV rights are not limited to the United States, but have worldwide applicability. These rights are the lifetime, encompassing broadcast TV and production rights, and for worldwide applicability. The successful distribution of the shows to a worldwide network of broadcasters could mean a highly profitable business model and will fuel the future growth of the company.

Furthermore, the acquisition of Fighting Leagues also includes valuable assets related to production and stage equipment. These assets empower United Express Inc. to set up the necessary equipment for producing shows at any given time.

Together with the available knowhow in the company and operational excellence, this is a highly sought after asset by venue owners. Public company status gives more power to the negotiations and new executive management talent is being attracted. The goal with these negotiations is to secure a solid position for the company as the exclusive operator of a top-notch venue for Fighting Leagues to produce its own shows and other world class live events. Securing this position could mean a real gamechanger for Fighting Leagues to acquire and welcome new fighting shows and action-packed live events to the family, and become one of the global leaders in the industry.

United Express Inc. is actively pursuing an acquisition strategy aimed at consolidating its position in the market, particularly within the live entertainment industry. The company's goal is to become a market leader in Europe, and it recognizes the immense growth potential within the sports events market. Global Revenue in the Sports Events industry is expected to show an annual growth rate (CAGR 2023-2027) of 3.91%, resulting in a projected market volume of US$37.16 billions by 2027, with the number of users expected to amount to 311.1millions users by 2027. Looking at the United States alone, Revenue in the Sport Events market is projected to reach US$15.42 billions in 20231

One notable advantage of being part of a public company with a broader audience is the enhanced ability to negotiate with venues for permanent partnerships in hosting and producing live shows. United Express Inc. also anticipates leveraging its newfound visibility and connections, which may include high-profile individuals with public profiles, to expand its production and broadcasting services into other entertainment areas beyond fight shows, such as fashion shows and game shows. Its multidisciplinary approach to live events, fueled by the horizontal and vertical integration in the entertainment industry together with the public company status, makes it perfectly suited for high growth in the future.

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We have received $115,350 operating revenues for the three months period ended September 30,2023 and 65,195 for the three months period ended September 30, 2022. Recorded revenues were generated from logistics service and consultations. The Company is currently devoting substantially all of its present efforts to securing and establishing the new business indicated above.