Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

Cede&Co is the DTC or rather, the DTC is Cede&Co. The DTC controls Cede&Co...like a pinky finger is controlled by a much more important central nervous system and arm.
Cede&Co was identified as the majority shareholder. Oversight of the dates is the biggest error I made. Big to be sure but not catastrophic because it led me to no loss not did I miss out on any gain because of it.

The best case scenario would have been that CEDE was the majority shareholder AND THAT they were the ones the PR was referring to because at least we know who CEDE is and can root out their net revenue.
Since it appears to be Global Energy Group we are all left with the exact same thing we had two days ago: no clear answer.

I find it odd and worthy of distrust that UBRG clearly identifies Global Emergy Group as an "affiliate" in the SEC Filing yet seems unwilling to disclose who they are...

A quick search of the name "Global Energy Group" yielded what seems to be zero pertinent results unless GEG is an affiliate from Africa or...Scotland?

In an ironic twist, I wanted the majority owner to be CEDE&Co...at least with that it gave some hope to the longs and a possible interest into a speculative position.

Thank goodness linc pointed out my mistake, and quite possibly saved me some money in doing so. Thanks Linc.

Kudos