MikeyK,
Thank you for your thoughtful insights and analysis on this company. I have appreciated your guidance on this stock. (I own a couple of million shares). I have owned this stock shortly after it went public and seen its price plunge. Now, I am seeing that there is light at the end of the tunnel where the share price might actually increase. I saw a blog on Yahoo, predicting the share price would rise to .0003 tommorrow.
I am not sure if I believe this, but I check this board every couple of weeks to see what tidbits I can gleam from people like you. If the company can get out of this mess by June, that would be progress in a relatively short amount of time.
It is interesting to note that on the Yahoo blog dated TODAY at 2:07 pm, Billy Raley wrote, in response to the person who wrote that the stock would increase tomorrow, "some will sell only to regret it." He continues by saying that "please be aware that these guys at beacon equity are mixing news from our company with news from another Universal Energy Corp. in Canada. We have NOT had any fines from Canada." (eh!)
Billy concludes by saying "as we continue to work to get of the convertible debenture, we will put ourselves in a great position."
Billy Raley,
CEO,
Universale Energy Corp.
30 Skyline Drive
Lake Mary, FL 32746
T (800) 975-2076
C (407) 562-8162
F (800) 805-4561
braley@ universalenergygroupcorp.info
Go to Yahoo! Finance and do a search on UVSE to see for yourself. I have called Bill and asked him why the company hasn't issued information to investors & shareholders about how the compnay is doing and production of the wells...
Anyway, Mikey, thanks for sharing the info.--so I thought I would return the favor. But you probably knew all this anyway.
--Mitten