Universal Energy Corp (UVSE)

[mikeyk]

I know you said you discussed issues with Raley, especially the death spiral financing article you pointed to. Did you discuss this part from the 2nd page of that article?? I know I have asked Raley about this part, but never really got an answer on it or if he is pursuing this.


QUOTE:

But, in the past, some unscrupulous hedge funds that bought the bonds saw the floating conversion feature as an invitation to make money by literally shorting the stocks to death. In many cases, those hedge funds violated contract provisions forbidding any shorting of the company's stock.