Universal Bioenergy Inc. (fka UBRG)

[moneym8ker]

No...

The fraud squad aren't going broke...they've got other frauds running in the stock market.

Ali and Singletary still have REVO and as long as UBRG stays above $0.0002 they can still offer 50% coupons on shares until:
1.) they run out of the 3 billion authorized shares
Or
2.) they let the share price of UBRG fall to $0.0002 or less.

Once either of those two things happen they will:

1.) Reverse split and tell the naive followers that they're reverse splitting the shares so the share price better reflects their value (a reverse split is putting curtains into a condemned building as far as UBRG is concerned because while the share price will be higher, the market cap/company value will not have changed)
2.) they'll change company names.
3.) they'll distance themselves from the UBRG ticker and namesake.

Or they'll just increase the Authorized Share count to 6 billion and offer the naive yet another share dividend and tell them it's the best way that they can show how grateful they are to have loyal shareholders who believe that 2014 will be a great year.