Universal Energy Corp (UVSE)

[mikeyk]

It would help his reputation and the companies reputation if he would update his shareholders on what is going on. You mentioned the Yahoo board, and that a perfect example of what I am talking about. There is a poster on there that repeats himself everyday, all you hear is another A/S increase or a R/S coming real soon now. Raley could put all these fears at rest if he'd just let the share holders know whats happening, where we stand in regards to the remaining debt, if we are going to see more dilution, what he plans on doing once the CD is retired. You've seen it a million times on other shell OTC stocks where its just dilution and R/S over and over. Because of Raleys silence we get nothing but ongoing bashing because people out there expect Raley to do the same as other OTC shell companies have done it.

Yes, I know that I have said these things take time, and we need to have patience, but we should at least get a quarterly update to where we stand, the last update was the 3rd quarter 2008 10Q, that was almost 5 months ago.

As for the ongoing conversation, absolutely, this is the best place. People can actually try and discuss what the hell is going on and share information, although we have our occasional bashing and drama queens in here also, but the mod squad removes most of those messages to keep the board on track.