Universal Energy Corp (UVSE)

[Ranb2khz]

The wording has me thinking...

HOUSTON, July 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), announced today that the first test well at Lone Oak was not found to contain enough hydrocarbons for commercial production at this time.

Could imply that the well would be commercially viable at a higher oil price. Another thought could be that they are waiting until the increase in A/S before letting the "cat outta' the bag" - citing that at oil $127/barrel it wasn't viable, but hey look...at $158/barrel, and after the additional shares available, it is commercially viable. Hmmmmm.......