Universal Energy Corp (UVSE)

[eak435s]

thanks stock observer. the current situation makes more sense after reading those articles.

it is worrisome that raley may be forced to increase the A/S above 1.5 billion if CD holders demand it, since he can't turn them down if they want to convert to stock, even if he has the money to pay them off in cash. but they'll be paid off soon and hopefully we won't have to worry about it anymore.