Universal Energy Corp (UVSE)

[mikeyk]

Ah, I see, so if someone else makes some assumptions or guess, then thats not ok. But when you repeat the same thing over and over again because thats your assumption, then it's ok. Double standard here?

Raley did reschedule the share holder meeting/vote. How do you know there won't be a change in financing? Apparently Raley is aware of the issue the A/S increase is having on the NSS and manipulation of the stock, so why not run in a different direction and throw those off that have dragged you down for 3 months? It was rescheduled the day before the 10Q release, but at this time there has been no reason given, so at this time all we can do is assume where this is going, we can't rely what the SEC filings said, lot's may have changed. Do you agree?

As for some debt being paid by cash, it's in the filings, remeber I pointed to the IF CONVERTED clause, which means the company does have that option, it does not absolutely HAVE to convert to shares. The Cavier Wells are in production, there are extra revenues, this cash can be used to pay debt and limit any necessary conversions, but that may be at the expense of growth.