Universal Bioenergy Inc. (fka UBRG)

[Dave68723]

I spoke with Mr Ali a few minutes ago. He assured me that the issue is with the Auditor. He mentioned that they indeed have lost several deals because the audit is not complete and thier year end numbers would not be as good as they thought. No specifics were mentioned.

He further mentioned that it was the Auditor that told them initially that the 10 K would be released thus prompting the PR.
The hold up is on the Auditor side. He would not give me the Auditors name but did say it is on public record and that as a matter of public record and being shareholders we are free to contact them.

I found the info once and am looking again when I know the auditor info I will post it.

They are not going out of business, they are not lying to the public to increase thier share price. They are stuck waiting for the auditor as are we.