Universal Energy Corp (UVSE)

[Ben Bien]

For the love of Reason, I must reiterate to all readers and posters that an increase of the Authorized shares means JUST THAT: an increase of the AUTHORIZED shares! Authorized shares does not equal or mean the same as Outstanding Shares. The company management has already increased and maxed out outstanding shares, so it is just standard procedure to reset the authorized shares limit higher just in case they need to release more outstanding shares later in the future. But, given that they have just *recently* diluted the hell out of UVSE stock from $2.00 to $1.00 to $0.50 to $0.01, it is highly unlikely that they will release more shares into the open market at the time being. The first share offering and dilution were used to pay off debt, debt they used to grow the business. Now that they have producing wells, the revenue made from these wells can fund further company growth and put food on Bill Raley's table. Those who sold have already exited and priced UVSE down given this potential for an increase of the outstanding shares. But by selling early and by overreacting to the Lone Oak news, sellers have created another low which has been basing and bottoming for three weeks now. Those of us who choose to stay with this stock will be rewarded accordingly and I say this still despite the fact that I have lost -$5,000 in this stock due to the Lone Oak fallout.

P.S. have I mentioned how gorgeous Sara Varone is?

Staring at her busty bust makes me realize existential truths and forget about the inherent meaninglessness of pain or suffering.