Universal Bioenergy Inc. (fka UBRG)

[randall899]

If you look at the balance sheet on the last filing and you open your eyes and look at the total assets listed on the ledger of the form. The number is. 9,226,706.00 That is the value of all the stuff they own. If you look on the ledger and you look at the liabilities. Liabilities are what you owe you will see a number. 7,928,187. If you subtract the number of liabilities from the assets . The answer is 1298519.00 that represents the positive net worth of a company . It is over 1 million dollars. It is sound math. Or when I took my classes in a classroom. That is how they taught us to figure it. This concept may not value in any scoreing model but I think it has some weight. Now Would you care to enlighten me with your brilliance. You are entitled to your point of view.