Universal Energy Corp (UVSE)

[eddy2]

Okay so you come to me as a CEO saying you need money and I agree to lend it to you on the terms you will give me 20% of the company and my investment won't fall below the said value of the loan and if it does you will issue me more shares even thow I end up owning more then 20% of the company even thow you are paying me interest on my money while I wait to convert the dept you owe me to shares. The deal sounds worse then what I would think a loan shark would put together. These deals don't they have to be aproved by the SEC and the courts, every thing else has to be and why was it not filed the full details of the loan don't they have too. The whole stock market thing can be so crazy sometimes and why did the party that converted there shares not file a 13d or what ever as a major share holder unless it is what I have said all along that there sliding back to the pinks. I figuire we should know that soon enough.

Thanks for the info. The thing is you must be right as crazy as it sounds and as much as I think the system needs a major overhaul. It confirms why I'm not going long on this one. It's to bad I like that Pembina play.