Universal Energy Corp (UVSE)

[Ben Bien]

0.015 appears to be the bottom Support floor, anyone buying in there would have an advantageous entry, and anyone adding to their position there would get it at its lowest low since 0.012. The massive sell off this morning was perpetrated by those who misunderstood the July 18th filing about the 1.5 A/S increase. We here on the board had postulated that this sell off would happen and it is now confirmed. This dip is a buying opportunity and would make a strong long position for at most 4 more weeks until there is real danger of any dilution. Again, I have to reiterate: an increase of the Authorized Shares does not necessarily entail an increase in the Outstanding shares. The company is obligated to do this. The fact that this company's management is fully transparent in its action lends evidence to their integrity given that many other OTCBB or Pink Sheet penny-priced companys would do devious things just to maximize debt at the cost of shareholders. Those who sell today are those who misunderstand these factual observations. I am not a pumper and I am not hyping this stock now. I am in counseling with the faculty of my reasoning and that is why I shall not sell until UVSE shows green all the way.