Universal Bioenergy Inc. (fka UBRG)

[wilma6311]

Jacopo, the stock can trade down to .0001. Below that it may be difficult. I think you would have to call your broker to make the trade and it can't be done online. But it is not impossible.

The non-reporting OTC are just that. You have no proof they have ceased operations. Shareholders are ticked at Ali. He made promise after promise and didn't deliver on any of it resulting in everyone who stood by him to lose all of their money. How can he expect anyone to support anything he has done or is attempting to do. The past dictates the future IMO.

I have told you what is going on here. There is no money to file. There is no news to report. There is no desire to do anything that benefits shareholders.

In terms of going private...it won't happen. This company being public is the only source of income Ali has. He and Guest get paid in stock and then convert and sell it. Without that they may as well just walk away from the whole company.

In terms of opening this company under another name and expecting to hide it....that is simply ridiculous.

When he has the money he will report again. Until then either sit tight or sell. That is the decision.