Replies to post #16308 on Universal Energy Corp (UVSE)

[valleyboi0]

;-)

[mikeyk]

Especially if you add in the Cavier numbers, that $5.9 million should be easily restructured. Look at Dyrons BIO, sole stock holder and director of Sirus Capitol Corp., I'm sure that a refinance is an absolute possibiliy. I guess that would suck if you were on the short or NSS list, too bad. :-) That would turn into the ultimate burn for the people that have been holding this stock down.


Dyron M. Watford (CPA) --- appointed to serve as the Principal Accounting Officer and was elected to serve as a director of the company in November 2002. In September 2006, Mr. Watford was appointed to serve as the Chief Financial Officer and Chairman. Since August 2000, Mr. Watford has served as the president, sole stockholder and director of Sirus Capital Corp, Inc., a consulting company providing financial services to existing and emerging private and public companies. From December 1998 to August 2000, Mr. Watford was an auditor for Arthur Andersen, LLP. Mr. Watford obtained a Master of
Business Administration degree from the University of Central Florida in December 1998.

[mimurray]

That's absolutely correct, they could easily get financing to pay off the CD holders from the latest 10Q numbers alone. Additional income from Caviar is just icing on the cake to cinch the deal.

I've been thinking ever since Raley first talked about the remaining holders being willing to play ball and not convert at such low numbers that we might see the terms of this deal restructured. UVSE is now in a position where this deal could be redone so that it would sweeten the outcome for the CD holders, and the company, or a win - win situation.

These financiers aren't fools. Why settle up now at such low prices when they could wait a little while and see a much bigger return on their investment.

Also, if the company were to seek out financing to pay them off they could get very favorable terms based on their financial situation. They could get a short term loan at very low interest based on their production numbers and the projection that those numbers are only going to get better.

[DD2win]

1) Financing
2) A Buy Out
3) A Buy Back
4) A deal that is made with the CD holders and spelled out for shareholders

Any and all combinations of the above are possible. Ohhhh, this is getting good.

And Gustav is not halting the trading.

Look at the bids. I think some people are panicing. They are going to try and create a shake out. What they are going to do is if it goes a little lower they are going to create a buying run. IMO

[StockGrabber]

I agree fully. With the income they have now, I would think it would be easy for them to get alternate financing for their future expansion.

I have been hoping one of the reasons for the delay in the shareholder's meeting might have been to give them extra time to obtain alternate financing so they don't need to increase the number of shares at all, or as quick.

We will find out next week.

[Ranb2khz]

WOW! What a superb and beautiful scenario! I really do beleive that something big seems to be brewing in the background for this company.

[Ben Bien]

0.015 looks like it's the confirmed re-established support here. Volume getting weaker which is a good sign that this is the time to buy. Buy when everyone is scared, doubtful and uncertain about the company. I sold my entire UVSE position and bought GLCC this week, but I was hasty and sold my GLCC position at 0.01 so I did not capitalize on GLCC's monstrous run to 0.017! Oh well, it was the best decision I've made so far and I'd be better off IF I had traded out of UVSE in the past to buy other stocks that were tanking such as FNM and FRE. Oh well, all of this is said in hindsight but we can still learn from it and I have certainly learned not to hold onto a stock based purely on 'belief' and 'hope.' Your hope, our hope and my hope in UVSE means nothing if there are no facts or evidence to back up our case. It can swing either way from here and the potential downside is a return to 0.010 or lower. Of course, the potential upside is also highly rewarding. So after staying on the sidelines this week I am ready to observe a new support level here at 0.015 and I will dip my foot back into about $2K worth of UVSE shares tomorrow in anticipation of the Sept. 2 meeting results. I burned MYSELF three times already by holding onto this stock and desperately expecting a +100% to +200% return. I will be more cautious this time!