Replies to post #32699 on Universal Bioenergy Inc. (fka UBRG)

[AdamS007]

That post was entertaining and made me chuckle.

Oh, I hear you on the fundamentals, but at some point, you need to know where the bottom finally is and I think we have reached it.

All that matters is buying low and selling high, very basic stuff. Do not think we get anymore raise in O/S as didn't the raise and dilution happen a couple years ago anyway?

I think you would have seen a selloff at this point if there wasn't some faith in the company to actually reap what they fluff.

Believe me, I am just as critical, but am flat, so probably not as mad as some on this board

Wish all luck.

[moneym8ker]

I should clarify:

3 billion A/S WITH 2.83 billion in the O/S leaving a scant 116 million shares to convert from warrants and convertibles.

116 million x $0.0029 = $336,400.

Now look at their issued warrants and convertible notes from their latest 10Q...

Add em alllllll up...

If you add them all up and considered a situation where they were all converted to shares at this price you'd see, BY AN ENORMOUS MARGIN, that they'd exceed the A/S...



Own it...
Trade it...

But quit saying this thing has potential...