Replies to post #14954 on Universal Energy Corp (UVSE)

[Sunrise_Surfer]

Keywest...PLEASE read the 14A filing from August 12th. It completely explains this issue. There really is no unknown. We know the total amount left owing to the cd holders, and how many shares that will equal at certain price points.

It will really make you feel better about this issue imo.

GLTA BIG DAY TODAY!! 10Q after the bell and then cc

[mikeyk]

There is no speculation that Gas/Oil will double or triple here, that has nothing to do with the buying and selling today, everyone is sitting on their stocks waiting for the 10Q filing which comes out today.

This may only be a small company, but it has wells that ARE producing gas and oil, which means they have revenue coming in from selling that same gas and oil. Production has been slowly increasing, which means that revenue also increases. How many shares does Exxon Mobile have? Are they crashing because they have too many shares? How about Microsoft? What matters is production, revenues, and future growth, we have all three here.

The company was estimated last year to have reserves totaling around $7.6 Billion in reserve assets, so again, how does this make it a speculative play? It was a speculative play before the beginning of this year, before they had producing wells and revenue, yet they hit a share price of $2.55 with NO REVENUES or PRODUCING WELLS. Please get your facts straight, and these are FACTS.

[DD2win]

BASHER! No, just kidding. I think it's getting a little tense here. It's just that everything makes sense with this CEO, Company and stock. As per mentioned before by a number of people.

It is just difficult to understand that this will stay at .01- .02 for long. It is undervalued. I don't think one can argue that. Maybe if all the proposed shares hit the market at once, which 1) the can't and 2) they won't.

A am calling for two bets.

the first : What time will the 10Q show up?

2:11 ET is my call


the second : High of today.

.023

Winner: bragging rights.
Nothing else to do while we wait. Work? Bah!