Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

HaaaaaaaHaaaa

52 week low on the bid right now. $0.0004

Hilarious stuff (maybe not so funny to stuckholders holding out for the ever elusive "better numbers next Quarter, or holding out for the magical PR)

almost a month now and this stock has just languished in the $0.0005 or $0.0006 range and I'd look at it and wonder why they haven't dropped the hammer on it and let it fall to the lowest it can go.

I figure any stock can hit $0.0001 but I don't think UBRG will let it hit that and stay there because they'll be in default on their convertible debts if it falls below $0.0002
(Can't give shares out with 50% or greater coupons if the stock is $0.0002 or less.

When it hits that$0.0002 or $0.0001thats when you'll see some PR's and a reverse split. And that's when the whole world should short the crap out of this scam.