Universal Energy Corp (UVSE)

[mikeyk]

The share price is detached from the fundamentals right now, and have been for over 3 months. Current share price does not reflect proper market value, 7 month over month increased production and revenue. Until the final share structure is known, share price will not reflect any kind of reality. There is nothing that is stopping the drop to .000X as you say, but it's not justified by any proper calculation of assets/revenue/growth. Last quarter had earnings of .09 per share, on a stock that is currently trading at .0032, does that make sense to you? Earnings per share is 3000% higher than the share price.