Universal Energy Corp (UVSE)

[valleyboi0]

Yes, I express frustration at times about the HC system, that;s all. I love Canada, I just get upset ... Onward now.

Firstly, the financing to which you refer, for this issue, can be learned of here:

http://www.google.ca/search?hl=en&q=death+spiral+toxic+financing&btnG=Google+Search&meta=

http://financial-dictionary.thefreedictionary.com/death+spiral

read all about it. In short, Mr. Raley was desperate and could not obtain inexpensive, conventional financing so he made a choice of last resort, why? who knows ... easy money and he's on the payroll,

After you understand the language found at the links above, understand that this one will be done, damage that is, and now the company can only go forward. Will they reverse split? I think so. They have to now. Its the only way they can cost effectively reduce the OS and position themselves for growth, if growth is viable, but the PRs, while they indicate growth, its not enough...