Universal Energy Corp (UVSE)

[mimurray]

I'd say that has more substance to it than just being a theory. I think it's highly probable. I have kind of hinted around about a similar scenario.

We're told that the remaining CD holders are willing to "play ball" with Raley. They see the value in holding for higher numbers. But even "if" they converted every single CD that is left best guesstimates are that it would take between 250 and 500 million shares. This would still put us way below a billion O/S and that is assuming that ALL remaining CD's get converted. And ANY shares that do get issued will be only for CD holders. In other words, no dilution on top of it. Their debt is gone, or virtually gone, there is no need to dilute because of money coming in from producing wells.

I think it's pretty doubtful that we see that. Two things could happen. The deal could get restructured all together. Or they hold on and wait for a much higher pps to convert. Both would be very shareholder friendly.

I am in total agreement with you in as much that Raley has a whole series of great PR's lined up heading in to this vote coming up and that the whole dynamic of what could happen seems to be favorable for all of us IMO.

Today's little spark came out of nowhere. Perhaps a precursor to better things to come???

I like your thinking mikey and I feel everyone should consider these possible options. I don't think this A/S increase is going to be the big, bad, deal that some are thinking it will be.

We have options here and I think Raley is right on top of what is best for all of us.



There was a power outage at a department store yesterday.
Twenty people were trapped on the escalators.