Replies to post #32656 on Universal Bioenergy Inc. (fka UBRG)

[Bgallatin]

Maybe there is some substance to this.. Seems to be neglecting the phrase "We are very excited" in the last couple.. lol

[moneym8ker]

Wilma,....

The last "share repurchase" they did SHOULD HAVE brought the O/S below 2.3 billion shares.

While Ali and Guest pumped and hyped the "back door share transfer" what they never did issue a PR about was that simultaneous to the "share repurchase" they issued in excess of 350 million shares which more than negated the hyped "share buyback"

This is a fact and reflected in their Annual report.

The company issued a PR today hyping growth and expansion but how? Last I checked, growth and expansion costs money. UBRG has NO MONEY and less than 200 million to fund "growth and expansion" which means they'd have to increase the A/S to fund the PR.

That's hey it's all a scam...
And all but a few know it...which would explain why 29 million trades today say there's no faith.