Universal Bioenergy Inc. (fka UBRG)

[ChitForBrains]

Some of the things that caused problems last year were like the CPA going fishing instead of putting out a 10whatever causing in their opinion the lost of the American Indian deal (which was really a difference of opinion on how to treat the 49'ish% held company - as the two directors owned 1% each causing it to go over 50% - did you know that?).

They've done a great job of filling their contract to increase volume (and I assume get shares for it as per 10K). The problem is people go into business to make money not to provide jobs.... But with public companies, seems that idea of making money for real businesses has been lost (not just here... even though they keep saying they are in it for profit).

Now they're in control and their is nobody to fire them or renegotiate the contract....