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Would this be considered a "Pump" statement?
Let me see... Hmmm... Culture icon "Star Trek" , to Boston legal.. Emmy Award Winner.. Motion Picture Star several times over (Star Trek Agaig) and oh... Was a solid celebrity savior for priceline...
Shattner is proven A listwith Priceline prof..
Hey, we will see if your assertion that Kendra is no different than Jessica Alba is true..
You have a huge share increase to go until you have ground to stand on...
But I'm patient...
Saturday Morning HGTV hosts are not exactly prime time..
She is C list my friend.
Which is fine, it's not like Watson has the cash to get an A list promoter like Priceline got William Shattner...
Kendra is a C list celebrity, & she really has no reputation to protect other than she won "the apprentice" & while it is smart & good business to have her for hire, (she was cheap enough to get) It should not be enough for you to risk your hard earned money.
The website is solid, the business "sounds" great. Wahet we need is the financials to be released. The financials are THE ONLY WAY to know what kind of company you are investing in.
Again, if the co is in the shape that Watson says, then release the financials...
Waiting in the Pumpkin Patch...
In a way I am amazed that people are still commenting on this board. But the scam factor here was so large for so many people who believed that it was legit. I know Raley, and can tell you flat out, he is a master at BS. I know people who have 10 -15K into this and have lost everything because they trusted their "friend" Billy. If Billy were upfront with everything as he should have been, many people would have saved thier losses instead, he raped everyone as long as he could.
I got in super low as a bet, so it is nothing more than a loss on my taxes. I will say that it is a real shame and almost criminal. Billy and his NEIGHBOR Dyron (Yeah I own tanning salons, but we can start a scam oil co) Watford, have really pulled a caper, and a nice couple hundred K a year salaries for them both even as the ship is sunk.
They will then bankrupt the co when they can't get any more folks to invest in this worthless carcass, & use the bankruptcy laws to walk away, and then, they will start again under another name and pull the same caper.
Again, when you are dealing with trash, don't expect anything from a pig but a grunt...
The only thing that seems to be bothering me is that Watson has made public statements with specific dates for the release for the marketing blitz, he has failed to deliver on those statements, and the date for "the ever coming great marketing blitz" keeps getting pushed out. That behavior does not exactly spark confidence from the market.
We are now at mid November, where the blitz was supposed to begin..
Basically, the marketing blitz is like waiting for the Great Pumpkin....
For this stock to realize what it can, Watson needs to come clean with an 8K so people can see the financials. If everything is as rosy as he says, then he should release the financials. Cash flow positive companies (as he has stated the company is) have strong share price performance. Basically Watson should put his money where his mouth is.
There is no defense, its basically time to fish or cut bait..
based on IF .... WHEN do you see .75?
Cool Plin,
You are right we are all hoping. But there is blind hope and a little pumping on flash over substance here. some of that has to do with being in the dark because there is no filings to review. That is where the real DD is done..Also, because we have a hottie spokesperson, but we don't have an "investor relations" tab on the website is a concern.
In a way, without Kendra, the argument can be made that this stock trades at 0.0001
My estimation is as conservative as yours, but what are your benchmarks or
PPS Milestones for a dollar? or two dollars?
Agreed.
I have held this a LONG time as well, and not upset at the performance ..per se
I guess that I am more interested when this stock is trading in the dollars in lieu of cents..
Will it be trading in dollars someday?
Or will it be a sell at .43 cents cause I have 4 million shares & made a nice chunk of change??
I'm hoping for dollars though...
What are your future projections??
Considering it went from a "fraction" of a penny to a full penny...
You can make that statement & it will hold water when it goes from 1.20 to 1.90 in 3 months
Talk is Cheap...Money Buys Whiskey
Nothing will break here until the
"Much talked about" Marketing blitz actually "Blitzes"
Its always a huge red flag in penny stock land
WHEN
There is a lot of talk and zero action
Not that I'm not going to sleep with images of 1.80 a share a year from now,
BUT
Something needs to happen to keep the inertia pointed in the right direction!
E trade chart shows this stock trading at 17.00 a share in 2006. What happened since then?
Cool.. Thanks Omega
No, I don't someone else mentioned they would like it to. Just looking to see what people's personal projections are on future performance beyond the hype..
Can this even get to .20 with the number of outstanding shares?
So, while it is great to see everyone is bullish and happy (as I am), lets talk turkey about what the real gains here can be. The shares are ridiculously diluted. Has anyone spoken to Watson about the co buying back shares and retiring them? Also, would anyone be willing to bet that this stock has the potential of reaching 1.00 in the next 3 years, and if so what i your reasoning? if not what is your reasoning? Does anyone where think that this stock will just spike to .20 a share at best and that is the time to sell?
Let's hear it..
BTW there is a complete ass on the Yahoo board who spends all day bashing GRDO. IS there anyway he can be kicked off of it?
Some sage advice for those upset about UVSE (squared):
SubPenny stocks are very much like Pro Football. If you don't know exactly what you're doing, you simply don't belong here..!!! These are extremely speculative issues..!!! However, with dedicated and in-depth due diligence you can manage to pick up some jewels that can turn out to be 20-to-100 baggers. I.e.: HLSH which was at $0.10 is now $4+.
Subpenny stocks are for throw-away money (..Spare Casino Money..) only..!!! If you can't afford to give the cost of these stocks to a street corner Wino or leave it at the River Boat Casino and walk away giggling, then you really need to "...get outta Dodge..."!!!
If I really wanted to mess with your head I would say "maybe," but I am very happy being who I am and its not Billy. I do however know Billy rather well. He's a great salesman & BS'er, and most of the best businessmen in this country are exactly that, Nothing more. Luck and hard work, and then more luck. I know Billy well enough to invest in this company not at $1.50 - $2.30 a share like some of my friends have (in the thousands). No, I got in for millions of shares at 0.0001/2. When one sees a stock hit the skids and ride towards hell in a hand basket due to the VC's pullout, I knew what cards Billy had left to play with, (not a great hand at all I might add) and he is playing with what he has at his disposal which is not much. Incidently, I have not seen anyone have a better strategy in how to play the hand we are looking at here.
I know Billy can be a slick squirrel (he can sell a born again christian a porn mag), and watching the stock plummet to the basement was exactly the place to buy for me. Like the saying goes:"buy at the funeral & sell at the wedding." There is nowhere but "up" for this submarine, and I am willing to bet what I did that it will. Heck I'm up 33%. Have a little faith, and like the Stones played so well: "Time TIme Time is on our side..." It will be several years to .10 pps if there will be any chance at all.
As I have said, this is my only play in the turd waters of the sub penny stock world, and I never would have placed a bet had I never met Billy one night in Lake Mary. Warren Buffett is my fund manager, and even he can make mistakes obviously.
If the turd goes down the drain, I get a write off to Uncle Sam. If it turns into a rose, I have a nice chunk of money that I will invest in something far more conservative, like a fixed investment.
And as for Calpine, I passed, & know a few very wealthy & happy people who didn't. They bought at the right time and have emerged from BK with a heavy wallet, so don't assume that in all BK's all people loose thier ass.
It's WHEN you buy that counts.
Cheers
The analogy is not that because Calpine went into BK, and came out and is now at $11 a share, & UVSE will follow suit. It most likely won't. The analogy is there to illustrate that the stock (Calpine) was dead to rights, people were screaming bloody murder at the CEo, and all the crazy moves that were being made with the stock. Calpine actually pulled itself out. Thats it. No relation to NG vs oil vs power plants, just a simple analogy that companies in a bad way can actually make it out over time.
I don't know how old you are Mike, what you do for a living, how much you make or have experienced in the world, and what kind of business you are involved in. You seem to know a lot of numbers, but I don't know if you have been around in business to see things like this happen. I've seen both & I know that staying chilled out on a penny stock is better than wetting your pants every day about things we have known for months.
As I have stated before. This is the only OTC Penny Stock I have ever bought, and it is because I know the people involved, and I will be the first one to say it will most likely hit the toilet, but for me dropping a few grand to see if it hits was not hard. At the very least its a write off.
To look at this stock beyond more than a bet is absolute lunacy. For anyone to get too serious here is ridiculous, and to pick apart the CEO & the Co. and the strategy as if this were Bear Stearns is also crazy.
If you are looking for all of things you are complaining against Mikey, then save some money, and buy some B shares of Berkshire. In 20 years they should take good care of you, and you can save yourself a lot of grief.
The analogy is not that because Calpine went into BK, and came out and is now at $11 a share, UVSE will follow suit. The analogy is there to illustrate that the stock was dead to right, an actually pulled itself out. Thats it. No relation to NG vs oil vs power plants, just a simple analogy that companies in a bad way can actually make it out over time.
I don;t know how old you are MIke, what you do for a living, how much you make or have experienced in the world. You seem to know a lot of numbers, but I don't know if you have been around in business to see things like this happen.
As I have stated before. This is the only OTC Penny Stock I have ever bought, and it is because I know the people involved, and I will be the first one to say it will most likely hit the toilet, but for me dropping a few grand to see if it hits was not hard. At the very least its a write off.
To look at this stock beyond more than a bet is absolute lunacy. For anyone to get too serious here is ridiculous, and to pick apart the CEO & the Co. and the strategy as if this were Bear Stearns is also crazy.
If you are looking for all of things you are complaining against Mikey, then save some money, and buy some B shares of Berkshire. In 20 years they should take good care of you, and you can save yourself a lot of grief.
Well put NASOW. I just checked out Calpine today.. guess what? trading at 11.00 + a share. Guess where it was 4 years ago everyone???.. 0.14 a share, in Bankrupcty court, bleeding from every pour with Enron wounds, dead to rights, CEO hated by all and called many names, horrible financials, tumors all over the body with both feet in the grave.
It took 4 years, but they pulled it off...
Numbers are very important, but they don't tell the whole story...
It's not supposed to " help" that everything that could go wrong did. The point is that all of a sudden way too many people on this board were "flip flopping" as if this were citibank and they just lost 55.00 a share overnight.
What frosts me about what I see happening is that all of the current bashers of Raley and the company were positive & riding the wave of future prosperity WHEN the PPS was at 0.0001 a month and a half ago, and WHEN the PPS was at 0.0001, what was known about the company THEN is known NOW ( VC/CD hell, revenue from wells, MM nightmares, toxic naked shorting etc).
In the past six months the patient has not gone from healthy to sick. It was sick for the last 6 months with a PPS plunging like the titanic, and all of a sudden people are falling off their collective camels and are "seeing the light?"
We don't know what the 10K will say. We Don't. That is why 10k's are released. An R/S is bad for everyone. We should all be bullish and positive. That will actually help this situation. Bashing and being pessimists isn't cool. We should all act as if we are in this together. Bad press does hurt stock prices.
Right On!
Well, there are a few things. First, we don't know what the 10K will say. That will clear up what we know about revenue from existing wells. Aside form that, doing another CD is not the only avenue for raising capital. The good news is that we actually have wells that are producing, and if Raley is half the salesman he is, (and he is) attracting investment from VC's who invest not to plunder as the last ones did.
Remember a lot of bad things happened to this company in parallel (including VC's who did not have the best interest of the company or its fellow shareholdres in mind) and just being able to deal with that and stay alive in arguably one of the worst economies we've had in the past 35 plus years is significant (albeit hanging by a thread).
Depending on how many shares you have will dictate where your endgame is. Worried about an R/S? I would suggest one buys 4 - 8 million shares at the current price, so if there is an R/S, after the split in value, you still have a ton of shares that will increase substantially as long as production continues an the co stays solvent. As unsavory as that sounds, it is a strategy to deal with an R/S. If you can't afford that strategy, you are pretty well screwed on your investment, but those are the rules.
This is a marathon. If you feel (as I do) UVSE-E is still around in 2-3 years, and IF YOU CAN AFFORD THE RISK, safe to say in 2012, you will be in the black.
That's my take on it..
When the O/S are fractions of a penny, buying back and retiring 6 billion shares is going to cost several million dollars. That's how.
Not rocket science.
Not worried about an R/S..
KatyG,
I am so glad you are here. This board has turned into a hater's happy hunting ground the past week and a half, and you are correct with your position that (& pay attention here people),
BEING NEGATIVE HURTS US ALL, AND NOTHING GOOD COMES FROM IT.
This is a sub-penny stock which is highly speculative and is not experiencing anything out of the ordinary from companies in the same position. This is the only sub penny stock I am into because 1. I know Billy Raley, & 2. I know the history of the company and where it has been,
Billy's strategy is either going to work, and in two years or so, I will have millions of reasons that justified my bet, or I have a nice write off to Uncle Sam.
One thing is certain, I'm a team player who knows we have ZERO TO GAIN by whining like little kids who can't have things their way. & Yes Yes Yes I know Mike & Bored Housewife that you feel you are due at least a 10K of accountability now not when the company plans on it, but hey the 10K will be out on the company's terms not yours, and Billy has zero to gain by taking time to entertain you two at this time.
This isn't Berkshire ok, this is a HUGE HUGE Gamble with a 80% chance that it will fail. That's what this game is all about, and there is NOTHING to gain by being a basher, and if Raly files Chapter 11, then so be it.
I love healthy and positive speculation and debate, but for God's sake, everyone chill out please...
The company is obligated to increase our authorized shares as a condition of the financing we did in the past two years. It is however important to understand that the shares are being used to retire debt and thereby also reduce the interest payments we make to the debt holders.
I hope this helps.
Billy Raley
Chief Executive Officer
Universal Energy Corp.
30 Skyline Drive
Lake Mary, Fl. 32746
T - 800.975.2076
C - 407.562.8162
Here is a list of fellow shareholders and their holdings as of April 30.
Knight Equity Markets, L.P. 1,404,421,955
Domestic Securities, Inc. 381,361,847
E*Trade Capital Markets Llc 361,985,352
Hudson Securities, Inc. 198,636,570
Automated Trading Desk 198,129,001
R. F. Lafferty & Co., Inc. 160,197,930
UBS Securities LLC 137,803,787
Archipelago Trading Services 129,518,632
vFinance Investments, Inc. 70,049,700
Vandham Securities 39,490,000
Pershing LLC 34,352,524
Albert Fried & Company 19,286,030
Maxim Group LLC 10,840,000
Citigroup Global Markets Inc. 5,300,000
Collins Stewart LLC 4,550,000
Lampost Capital, L.C. 4,083,000
Sterne, Agee & Leach, Inc. 3,223,200
What could they have done? Where has any other company found and successfully prosecuted naked short sellers?
From where I sit, Billy Raley making a statement that he can't do anything about naked shorting because it is not illegal for the CD Holders to Naked Short does not place his blessing on anything. He was simply stating a point of fact, nothing more.
Investors should know that naked shorting is not only legal, it cripples companies all of the time (which is why I wish it were illegal)
"Raley knew was happening with his blessing"
How do we know it had his blessing? what is the gain for Billy to want and cheer on naked shorting?
BTW I think Naked Shorting should be illegal..
I guess my point about him being successful was to someone's earlier point that he was an idiot. Nobody knows what he is trying to do, and whatever the real situation is, he is doing whatever he can to right the ship (not that I agree or matter in that process)
You are right about the lack of the 10K. One thing is certain. He has what, 2 weeks to get that out before being delisted. As far as I am concerned his credibility rests in getting that out.
When the VC's pulled out the way they did, he played the only card he had at the time. The stock tanked due to the dilution, and he attempted over the past couple of months to work out a deal to settle the debt and get the debt holders out of the picture, and it seems very clear that didn't pan out, so in order to keep the company alive, he is doing what he can at the moment (yes I know release the freakin' 10K I'm with you on that). I'm only out several grand, and I have friends who have known Raley for years and they have 10 - 30 - 50 k o the line here. People Billy does not want to screw over whatsoever.
Buying a sub-penny stock is betting on a stage 4 cancer patient to begin with. This isn't exactly Berkshire Hathaway here. Is a small company that was doing well in a boom oil/gas market with VC's backing the vision. The VC's pulled out, Katrina hit and the rest is history. My main point is don't get bent out of shape when you should have expected this as a strong possibility/
What does Raley have to gain by screwing the shareholders? Why would he do that? That makes zero sense. He i not sitting in his office in Lake Mary going :"ha ha ha I'm really going to screw everybody I can." BTW he has zero to gain by telling anyone his strategy to deal with this, and yes strategy is just that, and does not promise success.
Just because a person is wealthy doesn't mean they have no interest in being in the game (see Donald trump and thousands of others still getting up and punching the clock every day) and creating something on top of what they have already accomplished.
It's Ok to be sore that your bet hasn't hit the jackpot yet (I'm not happy either) but Raley is doing what he feels needs to be done to make this work in the long run
Everybody, take a deep breath!
I can't imagine anyone here seriously believed that this stock would be headed to even a penny any time soon. Hmm Lets see here what have we all invested in:
A company in serious DEBT, A ton of outstanding diluted shares, and very little real revenue, and VC's that pulled out but standing at the door with a knife at our throats until they can be paid back.
We all chose to stay in because the stock is selling at a FRACTION OF A PENNY!!! so
this is nothing more than a gamble, a lottery ticket which never dies unless the company does.
I have known Raley for the past 2 years. I've drank with him, & I've broken bread with him, and I can tell you this. He is no dummy. He is a smart, and wealthy man & his losses here are minimal. The 300k that he has at stake here is nothing compared to his personal net worth. The buyout of his contract when he exited Progress Energy took care of him & his family for life. I can tell you that he is in this to figure a way out. he is no huckster EVEN IF THIS SHIP TANKS. In life there are no promises, and like the rest of you, I have spent plenty of time daydreaming about what I would do when the millions of shares that I own when I cash them in when this stock gets to my sell number. I think we all spend way way way too much time obsessing on that with these sub penny stocks.
So why did I buy into this boondoggle if I think all of this? Simple. I had friends who were buying 10K in shares when the price was 2.20 a share. I met & got to know the Raley, who is a bit of a squirrel, but he is smart as a whip and could sell a born again christian porn on Sunday. Hearing what I heard, I felt it was worth the risk at the right time. I then watched the stock dropping like stone, & I watched the stock go down to the basement & then I bought millions of shares which was an easy bet at 0.0001. (I spend more on a trip to Vegas and usually come home without a commercial worthy experience).
Remember, there is REVENUE (albeit not large but there re active wells), & Raley could just walk away and dump the stock & burns everyone's ass/ets if he wanted to. Yes he's running through the maze doing what he can to keep the ball in play. Throwing cr$% at him won't help. It really won't.
As long as production continues and he finds capital investment, and more revenue from leases that need to be drilled, this company can make it, but it will take YEARS to get there. That is the difference between an INVESTOR and a TRADER. There are traders on this board who think they are investors. My bet is if the company is around in 2 years, we will be .25 a share, and I'm a happy. Save your anger and wrinkles for your kids or your spouse..
Agreed. The 10k should illuminate all of your concerns.
A good thing to be aware of is that the stock is hovering at 0.0005 without dropping back into 0.0001 while the "E" has ben added. From where I sit, missing the 10K date ( & the reasons surrounding missing that date which were not positive reasons) is the kind of negative press that drives share prices down, and even when you are at a fraction of a penny (0000.5) you can still go lower, and we haven't. That's the good news.
Wanna see the stock go back to where it should be ( aka: .40 pps?)
1. Increased revenue.
2. Buy back diluted shares
3. Retire Diluted shares
4. Continue the growth that the company has been producing.
The question is: Can this be done? and how long will it take to get this done?
I'd be interested in everyone giving some feedback to seeing (Realistically) how long they think it will take to make this happen...
I say 1-2 years..
What does Billy have to gain by sharing what they are doing with regard to the CD's? Zero. Yu yourself have stated that these things take time, whether it is due diligence on Ness, or trying to find a way to eradicate the debt issue so the company can begin to buy back shares and retire them.
**As an unrelated note, this board is the best one going for this stock. The Yahoo board is filled with ego maniac freaks who do nothing but slam one another and consistently show their lack of business acumen and maturity. Thanks all (for the most part) for being quality conversationalists in thie investment we all hope will bear us fruit, or at least a grape.