Universal Energy Corp (UVSE)

[MaconBacon]

Well, there are a few things. First, we don't know what the 10K will say. That will clear up what we know about revenue from existing wells. Aside form that, doing another CD is not the only avenue for raising capital. The good news is that we actually have wells that are producing, and if Raley is half the salesman he is, (and he is) attracting investment from VC's who invest not to plunder as the last ones did.

Remember a lot of bad things happened to this company in parallel (including VC's who did not have the best interest of the company or its fellow shareholdres in mind) and just being able to deal with that and stay alive in arguably one of the worst economies we've had in the past 35 plus years is significant (albeit hanging by a thread).

Depending on how many shares you have will dictate where your endgame is. Worried about an R/S? I would suggest one buys 4 - 8 million shares at the current price, so if there is an R/S, after the split in value, you still have a ton of shares that will increase substantially as long as production continues an the co stays solvent. As unsavory as that sounds, it is a strategy to deal with an R/S. If you can't afford that strategy, you are pretty well screwed on your investment, but those are the rules.

This is a marathon. If you feel (as I do) UVSE-E is still around in 2-3 years, and IF YOU CAN AFFORD THE RISK, safe to say in 2012, you will be in the black.

That's my take on it..