Replies to post #16151 on Universal Energy Corp (UVSE)

[mimurray]

I'm not seeing doom and gloom like the nay sayers, there is more going on in this company than a vote for a share increase.

I couldn't agree with you more. This is a solid stock and the company has been performing great. The real value here has not even faintly begun to be realized in the pps yet, but it will without a doubt, in my opinion.

The recent appearance from a couple attempting to enlighten everyone on the share situation is for all intents and purposes, comical. They pretend as though this is some sort of a Cornell deal or something such as that, and frankly, nothing could be further from the truth.

No doubt there will be some indecisive trading heading in to the shareholder meeting but nothing drastic IMO. In fact, I believe we may still hear something from Raley prior to the meeting, perhaps shedding some additional light on things.

The postponement of the meeting can in my opinion only be for good reasons and I can't wait for it to take place, followed by a welcome return to balanced trading...........In my opinion of course.

[DD2win]

Raley, ""We are extremely pleased with the ease that these wells came online and look forward to many years of substantial production."

Here are a few other reasons why there is such a strong following for UVSE.



"This growth story is really beginning to take shape" Raley.

Our production has grown from $30,000 a month at the beginning of the year to what we estimate will be close to $300,000 next month (which is Aug.)

The Company reported net income of $2.9 million, or $0.09 per basic share for the second quarter of fiscal 2008 compared to a net loss of $2.03 million, or $(0.07) per basic and diluted share, for the second quarter of fiscal 2007.

For the six months ended June 30, 2008, the Company reported net income of $3.55 million, or $0.11 per basic share, $0.01 per diluted share, for the six months ended June 30, 2008 compared to a net loss of $2.7 million, or $(0.10) per basic and diluted share, for the same period in fiscal 2007.

Revenue for the second quarter of fiscal 2008 totaled $0.33 million which was derived from producing wells in the Company's Lake Campo and Amberjack prospects.

Dyron Watford, Universal Energy Corp. Chairman and CEO, commented, "Exceeding the high end of our revenue guidance for the quarter by 11% is fantastic. As we continue to increase revenues with production in the 3rd quarter from Caviar #1 and Caviar #4, the financial picture for Universal Energy becomes more solid with each day of production.

Universal Energy Corp. Announces 123% and 244% Increases in Gas and Oil Production Quantities in the 2nd Quarter 2008

What a difference a quarter makes," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "The increase in production coupled with the extraordinarily high prices was more than we anticipated. During the second quarter of 2008, Universal Energy Corp.'s share of production was approximately 23.58 million cubic feet of gas and 262 barrels of oil. With production having started in July 2008 for Caviar #1 and Caviar #4, production for fiscal 2008 is shaping up nicely."

This is why the PPS CAN NOT be .0158

It is under valued.

You look for GROWTH in a company.

This company is ALL about growth.

The Caviar wells are still opening!!!

So, for those of you who want to bash, I am going to reply to you with this post each and every time I can. And if I am not at my computer, I have a feeling that a reply might come in looking about the same from 1,2,3,4 and so on other people who understand what this CEO, Stock and Company is about.

That's it for now...