Universal Energy Corp (UVSE)

[mikeyk]

What is this worth right now?? Well according to the calculations we've seen everyone do, there are multiple ways to do it, we've seen figures that we should be anywhere between $0.08 to $0.30. Factors vary from revenue, growth, and most importantly what kind of share conversion can/might.might not happen. For 3rd quarter guidance revenue was estimated to double 2nd quarters revenue, and guesses have been $0.30-$0.50. But as we've seen her, you just saw thsi yesterday, good news seems to make the stock go backwards, nothing can explain it except for manipulation. But the who, why, how far are we going to go down to meet their gameplan is up in the air. Guesses as to who, are the MM's, Cd Holders, Hedge Funds, someone who's doesn't like Raley, or a combination of any of the above. The why is mostly to have the most debt possible converted to the largest amount of shares at the lowest price, which is the dilution factor. Thats good for the above but bad for the shareholders as it will signifigantly affect where the share price will go, more revenue needed divided among the O/S count.