Universal Energy Corp (UVSE)

[Mr B]

Raley stated if Lone Oak had anything they'd add it to 4th qtr and next year. They didnt know,and it didnt hit which stinks.
If they bring in $2mil a year that still puts this as $5m value at 2cents. With a P/E of 2 maybe they'll get some appreciation sooner than later.

"Results from Lone Oak are not included in our current revenue guidance of $0.25 million to $0.3 million and $0.8 million to $0.9 million, for the second and third quarters of 2008, respectively." Raley concluded, "Positive results from Lone Oak will provide continued revenue growth for the fourth quarter 2008 and fiscal 2009."

http://biz.yahoo.com/prnews/080708/cltu108.html?.v=70