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Stock price is definetly responding well today. I just hope they don't file a 10Q late SEC Filing in the next 10 days like they did last QTR
One thing is for certain today...no dilution occured! LOL
My first guess would be dilution, but obviously that can't be since O/S is maxed out.
Hilarious post man, thanks!
Yes, now we know exactly why this stock is going nowhere from a sales attendant that probably doesn't have a high school degree yet. Instead of reading information on IHUB, reading SEC Filings, and from doing my own DD, I'm going to start going to my local Walgreens and ask the sales attendant what companies they sell products for and get investment advice from them.
Thanks Dolphy!
The above post represents only my opinion. Please use caution before investing into any stock.
Problem with ADSI is their trading symbol was the same as a company that went under recently and gave a sour taste in everyones mouth. That's why when you look at the quote on this page it says "EAGLE BROADBAND (AMEX: EAG)"
It's going to be awhile before everyone realizes this is a totally seperate company making very good revenue. At this point, keep collecting shares. This is a revenue generating monster.
The above post represents only my opinion. Please use caution before investing into any stock.
4999 share trades - what's up with this?
LOL, that was good for a laugh. Thanks.
Well, many years of production sounds longer then 18 months as dragon_man was stating.
Yes, at this point I think the investors need actual numbers. Barrels a day or revenue numbers I think are what most people are looking for.
Haha that sounds more like it.
I actually believe if they will release some positive news BEFORE the August 20th shareholder meeting then we'll be back to trading in the lower 2 cent range fairly quick since most of the current shareholders own shares in that area.
The above post represents only my opinion. Please use caution before investing into any stock.
60 MIN & DAILY chart looks like double bottom at $0.0101
Good post. Thank you.
Interesting how none were at ASK but they moved the ASK up.
Yes, earnings should be fantastic. They are on a contract winning blitz at the moment.
ASK back at 10 cents. Volume picking back up.
Even with 1.5 billion shares do you actually believe this stock will be trading at 0009 with $300k/month revenue?
Yes, please see post #14057
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31126074
Can someone please update the iBox? There are several spots that still refer to DCFF
If it was all sells, then why is the stock up 142%?
Well let's hope that's not the case.
Found a site that did some DD on UVSE earlier this year:
http://www.bullmarketmadness.com/bmmuvse.htm
and
http://www.bullmarketmadness.com/BMMB-020508.htm
Here is a little of what they said:
The Caviar Project in southeastern Louisiana is a group of four wells. Two multi-zone gas wells are already complete and awaiting the gas line tie-in in just a few weeks. And, two more wells are scheduled to begin drilling Q1 2008. Its reserves are estimated at 4.7 million barrels of oil. At current oil prices that is a value of $470 million in oil reserves. Production will begin in the first quarter of 2008.
Other Louisiana projects include:
Amberjack Prospect, an oil prospect has flowed at up to 180 barrels per day and is expected to flow near 200 barrels a day, or $540,000 per month. With a total of 1.75 million barrels in reserve that’s a value of approximately $175 million.
Lake Campo Field, once a Gulf and then a Shell Oil project, has produced 25 billion cubic feet of gas. Recent analysis has expedited the installation of a production casing for the well. It’s now a 3-D development gas prospect valued at 10.1 billion cubic feet of gas equivalent, a value of approximately $70.7 million.
Other projects include:
The Pembina Nisku Reef Project in Alberta, Canada—the most prolific oil and gas producing area in all of Alberta. Wells just 2 miles away from the property have already produced as much as 7,000 barrels of oil per day. Potential reserves owned by UVSE are estimated at 30 million barrels of oil and 136 billion cubic feet of gas valued at approximately $3.5 billion.
The Lone Oak Project in Galveston County, Texas—an area where over 4 trillion cubic feet of gas and 4 billion barrels of oil have been produced since 1900. Reserves are currently estimated at 139 billion cubic feet of gas for a value of $973 million.
The above post represents only my opinion. Please use caution before investing into any stock.
Wrong company although we may get a spike tomorrow from misinformed investors. I've seen this happen before. I remember one stock I was in went up 100% on news from a similiar named company. Problem is it will drop just as quick too.
The above post represents only my opinion. Please use caution before investing into any stock.
Good luck to you. Nothing stupid about cutting your losses.
Let's hope they release some good news soon. I think some shareholders are getting very inpatient. Traded at .02 today(.0004 pre R/S price).
Thank you for the update.
The above post represents only my opinion. Please use caution before investing into any stock.
I would like to know where you are getting Natural Gas prices per cubic foot? Natural Gas price is usually expressed in MMBTU (Million British Thermal Units). 1,000 cubic foot of natural gas = 1 MMBTU. Right now Natural Gas is around $9/MMBTU, and hasn't been trading in the $6/MMBTU since around August-Oct. 2007.
I wish it was trading at $6 per cubic foot. That would mean $6,000/MMBTU. UVSE will be rolling in the green then but then again no one could afford to pay their natural gas bill lol.
http://www.wtrg.com/daily/ngfclose.gif
The above post represents only my opinion. Please use caution before investing into any stock.
Where do you see that at?
Yes, evidently they had some financial creditor issues that they had known for months and never informed anyone until just recently. Stock dropped from like 60-70 cents to the 30 cent range then recently dropped to the 2 cent range. It's Chapter 11, so they are not selling all of their assests, just need protection from the creditors at this point.
Good deal on the run and sale.
OT - NCEY another OTCBB Oil/Gas stock, which ran to 70 cents a month or so ago has filed for Bankruptcy recently and is trading in the 2 cent range.
At least UVSE isn't worrying about bankruptcy.
The above post represents only my opinion. Please use caution before investing into any stock.
If you read it upside down it makes more sense.
Dragon Man...Lone Oak is a 4 project oil/gas exploration. That was only 1 of 4 wells they are looking at. Lone Oak can still be a "company maker" very easily.
President Bush talking about Energy/Oil issues and about offshore exploration
UVSE = ATM ... dry hole or not
I would rather have one dry hole then to file bankruptcy like NCEY, another OTCBB Oil/Gas stock did recently. UVSE should be generating about $300k revenue each month. Dry hole or not they already have wells producing.
UVSE has not filed for an A/S increase yet, they cannot until the shareholder meeting approves such. The A/S will remain 250 million until after August 20th (Shareholder meeting).
UVSE has not raised the A/S yet...that won't happen till after the August 20th shareholder meeting. Right now the A/S is 250 Million and the O/S is 250 Million and it'll stay that way until the August meeting.
The above post represents only my opinion. Please use caution before investing into any stock.
It should be out fairly soon. Their 3rd quarter ends on Sept 30th.
Panic sellers out? Buyers coming in?
If someone wants to learn more about the company, they can reference the company website either on the infomercial or on the product itself (which still has the incorrect web address on it's packaging). From there, the public can find out about the company stock and invest if interested.
Also, the company can pay for firms to profile them to attract new investors.
The above post represents only my opinion. Please use caution before investing into any stock.
UVSE released a new SEC Filing today
-(DEF 14A) filling in the blanks of the previous proxy filing for the August 20th Shareholder meeting (Pre 14A).
Basically it tells you how to vote by internet or by mail. Deadline is August 19th for both.
Highlights are below.
Longs, I would recommend to consent to receive all future proxys and company mailings in electronic format to reduce costs. See below for more info.
VOTE BY INTERNET – www.proxyvote.com
Use the Internet to transmit your voting instructions and for electronic delivery of information up until 10:00 A.M. EDST on August 19, 2008. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.
ELECTRONIC DELIVERY OF FUTURE STOCKHOLDER COMMUNICATIONS
If you would like to reduce the costs incurred by Universal Energy Corp. in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access stockholder communications electronically in future years.
VOTE BY MAIL
Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Universal Energy Corp., c/o Proxy Dept., 30 Skyline Drive, Lake Mary, FL 32746.
To read the full SEC Filing: http://www.sec.gov/Archives/edgar/data/1207029/000114420408042497/v121184_def14a.htm
The above post represents only my opinion. Please use caution before investing into any stock.