Universal Energy Corp (UVSE)

[mikeyk]

Who is going to provide financing to a person/company that has little to no income, who has defaulted 2 times on the same debt and still hasn't cleared that problem up in over 2 years, and has all his assets tied to the debt he defaulted on? The stock is worthless and way over diluted already. Its hard enough for companies with great credit and great revenues to acquire any financing at all, I just don't see anything Raley has to offer to any lender, I don't think even a loan shark would lend Raley any money now.