Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

Linc...

Where did UBRG get the cash to buy 300,000,000 shares?

The PR very clearly said UBRG repurchased these shares in a privately negotiated deal, then conducted a private transaction, and then cancelled the shares.

So where did they get the money, and who did they privately negotiate with and subsequently purchase the shares from?

Based on today's sell volume and price action I'd say that a majority of traders have the same question ...because if those questions were answered and this transaction were legit you would think this stock would be struggling with between 15 and 25% losses today.