Universal Bioenergy Inc. (fka UBRG)

[joro44]

I dont think they are going to be great numbers --- again this is why

2010 earnings 41 million

Last weeks PR says this - "We anticipate that our revenues for the first six months of 2011 may nearly equal our revenues for all of 2010".

April 25th PR says "The Company's total revenues for the three months ended March 31, 2011 were $22,565,496"

So according to there own PR's the 2nd Qtr is going to show total revenues of only around $18,434,504 (41 mill minus 22.6 mil)THis assumes they equal it revenues of 2010 --- above PR says they "may nearly equal" So Rev for 2 nd qtr might even be lower than 18.4 million

So when demand was at its highest (1st qtr) they only equaled revenue of the 3rd and 4th qtrs (2010) when demand was probably lower.

I would guess the 2nd qtr 2011 demand would be as high as the 3rd quarter of 2010 and if they report only revenue of $18 million then revenue is on the decline.

I think the companies own numbers bear this out----- let me know if I am missing something here but its not looking more positive as they want us to believe.