Universal Energy Corp (UVSE)

[DD2win]

I CONCUR! Some fun reading for the weekend coming up for some. And for others (Me) I am already there.

What the heck is the Company thinking? Here is a small insight..

"We plan to grow our business by acquiring (i) low risk in-field oil and gas rights that are primarily developmental in nature that offset existing production and (ii) energy companies that when combined with our management expertise in that area will display strong top line growth and cash flows. As we expand our business we will eventually seek to act as the operator of those properties in which we have an interest. "

But, How sir would you do that? Do you have the funds at this moment to such a thing? - (I ask to myself)

"We do not have funds to undertake any of these activities and would have to obtain funding from external sources. We believe that additional capital funding is available through private or public equity financing or perhaps bank financing"


PERHAPS BANK FINANCING..... hmmmm perhaps