Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

Bill...

Lets be clear...
You and I BOTH know the strict regulations surrounding buybacks, repurchases, transfers, etc so I believe that some sort of transfer DID occur...even if it be just on paper...

BUT WHERE they got the money is of paramount importance...

Jesse Jackson Jr and his wife are both headed to prison and probation because of "where the money came from".

UBRG has in the past GIVEN OUT SHARES TO SHAREHOLDERS...and how did they pay for that little gift to shareholders? They paid for it with shares that subsequently diluted the shares from over a penny to $0.0011.

So... If they issued some debt to buy these shares that's kind of important isn't it?

If you don't know the answer to the original two questions then just acknowledge it and ill seek answers from elsewhere but to say it doesn't matter where they got the money is ridiculous.