Universal Energy Corp (UVSE)

[mimurray]

That's absolutely correct, they could easily get financing to pay off the CD holders from the latest 10Q numbers alone. Additional income from Caviar is just icing on the cake to cinch the deal.

I've been thinking ever since Raley first talked about the remaining holders being willing to play ball and not convert at such low numbers that we might see the terms of this deal restructured. UVSE is now in a position where this deal could be redone so that it would sweeten the outcome for the CD holders, and the company, or a win - win situation.

These financiers aren't fools. Why settle up now at such low prices when they could wait a little while and see a much bigger return on their investment.

Also, if the company were to seek out financing to pay them off they could get very favorable terms based on their financial situation. They could get a short term loan at very low interest based on their production numbers and the projection that those numbers are only going to get better.