Universal Energy Corp (UVSE)

[phowell23]

"As of July 4, 2008 out of the 250,000,000 shares of common stock currently authorized for issuance under the Amended Certificate of Incorporation, a total of 249,999,866 shares were issued and outstanding and 37,500,000 shares were reserved for issuance upon exercise of the Company’s stock options, warrants and other convertible securities."

http://www.sec.gov/Archives/edgar/data/1207029/000114420408040744/v120292_pre14a.htm

I'm not sure why people keep stating there are more shares out there then 250 million. It's in plain english. Read the latest SEC Filings.



The above post represents only my opinion. Please use caution before investing into any stock.