Universal Energy Corp (UVSE)

[Majobuki]

You've done some great DD. Unfortunately, there was one hold out on taking shares in lieu of cash for the debt. I wish I could name them but right now I cannot. Raley had told me at one time not too long ago that he was trying to put together a private placement to revive the company but this one debt holder was holding things up. I did just dial his number and it went to voice mail yet again. He used to be good about calling back and even answering my calls. Nothing now. I firmly believe this pig is dead. I really got to trusting him but now I just don't know. According to their website, they are looking for a new CFO. Not sure how old that is but it's the first time I saw it.