Universal Bioenergy Inc. (fka UBRG)

[Hydrospirit]

IMO, after reading the last 10Q I don't feel that Universal is looking to P/D. The extra shares (as stated in the 10Q) are for additional acquisitions and also in preparation for uplisting to a major exchange as a tool to increase PPS to the minimum $2.00 required (among other reasons listed in the 10Q).

I am still learning here, but it seems to me that they may plan to use the extra shares in the AS for acquisitions, then do a reverse split to raise up the PPS?

This is just my speculation, and I still understand little about it, so anyone here that has a better grasp, please straighten me out!