Universal Energy Corp (UVSE)

[mikeyk]

Whats missing eddy, everything you want is right here:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001207029&owner=include&count=100

What exactly do you mean I forgot one? One what? You still don't seem to understand what a CD (convertible debt is). It's not really that hard to understand. The company borrowed money from one of the Capital venture firms, to repay the LOAN the company offered to repay with cash or STOCK at a 20% discount. The company then receives the cash for business expenses. At some certain point in time, the company needs to start paying back the LOAN/CD either on it's own, or if the LENDERS/CD Holders decide they want payment, the lenders then request payment from the company in either CASH or STOCK, or both. The company is broke, it has no money, therefore it can't lend money to itself that it doesn't have. So therefore, they can not be the originator of their own funding, they have no money duh, that is why they need to borrow it.

Do you ever read what you write, because most of the time no one can understand what the hell your trying to say, and the rest of the time you make absolutely no sense. Before hitting submit Public Post, read what you write, maybe people will stop asking you what the hell your talking about. Try to include some actual details that can be backed up. You keep contradicting yourself, telling us we should know the SEC rules or whats in a filing, and the you yourself claim not to know what the SEC rules are or what is in a filing.