Universal Energy Corp (UVSE)

[mikeyk]

I'm not missing a damn thing, I'm looking at reality. The company has 4 operational wells that generate a total of $100K revenue a year, thats $20K less than Raleys salary. The debt is NOT gone, you might want to read the 10k filing again, it clearly states that Raley is paying monthly from operating revenues the court ordered award from the last lawsuit. Thats not going to be paid off anytime soon, even if Raley handed more stock out. In fact, Raley handed out another 6 Billion shares since last year, the float is now 86 Billion shares.