Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

This stock cracks me up...

Comes out with a GREAT PR yesterday that actually said absolutely nothing more than what they always say:

"Hey Naive investors... Look at us... We are going to be big someday. We offer zero specifics on how or when we will be big but please give us your capital so we can pay our bills by secretly (and openly) diluting you...oh...and by the way...yes we know we've been promising to be big and give returns to shareholders for over 6 years now, we just hope it's you new investors who either don't look back or old investors who don't remember the empty promises"

And the stock gave back every fractional gain it had made by days end and today...it can't even hit yesterday's highs.

They've got about a month before they have to show investors something...unless they change FY's again...say back to December....haaaa if they did that, investors would see earnings, quarterly, or annual info until 2014!

Wouldn't that be hilarious?

It's a funny thing this "switch" of FY. You see... They don't HAVE TO take up to ninety days... They could file any time... They are just GIVEN UP TO 90 days to file...plus another 15 if they eke a NT filing out the day of...

So if this is all wonderful and all is well.. Why hasn't the company already reported? Just because the SEC gives ya 90 days doesn't meant you have to use it all... AND SURELY THEY had something prepared for their Quarterly...Q2 info because they changed Fiscal Year End only days before that little beauty was due...


So...they had to have something ready to go to press with right?


No?

Crickets?

Have a good weekend