Universal Energy Corp (UVSE)

[mikeyk]

It's typical boilerplate for start up companies to put disclaimers into their filings until they can become self sustaiing, they need to include it for liability reasons and let investors/share holders/debt holders know that the company is still shoring up operations, it also keeps the debt holders from converting and killing a company that is growing revenues. Next quarter will include the Cavier Well Revenue and maybe even Lone Oak. They may need to raise capital to continue exploration and drilling, standard for a start up and needed for growth. The company is young and shows it can perform as incorporated. I wouldn't worry about it.