Universal Bioenergy Inc. (fka UBRG)

[Sumdude]

fair enough.. but remember that agressive purchases in this case mean agressive debt and dilution accumulating over time..

look at it like this.. Why wont banks lend to these guys? because theyre credit card is maxed out.. they have no capitol funding resources and have repeatedly and continuously racked up debt via convertible notes to compensate for it..

not only that the risk is so high lending to these guys that in order for "real investors" to be interested in funding the convertibles UBRG/management is selling the convertible notes at 50% off the VWAP..

why? because they have to. there is very little liquidity for UBRG due to the DTC problem, they arent making money, the banks wont lend to them so these entities have UBRG by the stones.. none of these firms buying convertibles are paying retail 01 to 015.. they are paying 005.. why do you think you see disclosures in the PR's stating the entity touting the claim has been "PAID"?

could you profit? maybe.. but how in the world do you expect to do so when ubrg has mountains of these underlying convertibles out..

put it like this.. if UBRG would sell you shares direct at a discount of 50% off the vwap, what would you do?

the answer is easy... you would sell imediately after the note converted.. thats wahts happing, is happening, and unless like you hope some unforseen windfall comes their way UBRG will sustain no gains in share prices going forward and will continue to plummet.. the next big drop when it does will be huge. im expecting 50 to 60% loss in pps here before too long..

you may think that UBRG is "very well postioned", and thats all fine and dandy, but the bottom line is we as shareholder are not, and are being absolutely fleeced by these clowns...

need proof of these convertibles let me know.. its in straight up easy to read black and white, and there is an absolute ton of them.