Replies to post #17587 on Universal Energy Corp (UVSE)

[mimurray]

I'm with ya on all accounts. Usually it's pretty hard to actually get a grasp on what is going on with the share structure of these stocks on a day to day basis because there are so many out there. But this only has 250 million out as of now and they've all been issued for quite some time.

So if nothing else, the last three days worth of trading demands more attention to the shares, and what is going on with them than Raley is giving them.

Dismissive is a good word to use. That conversation was TOTALLY dismissive, in fact it was disrespectful. Any CEO worth his salt should be ashamed of himself to speak to a shareholder like that.

Wish there was more we can do about it but unfortunately our options are limited. Despite his shitty attitude I believe we are all okay here.

[mikeyk]

Hang in their DD, at least we have an admission from Raley that he's aware and has publicly pointed to the debenture holders is a start. I think you saw their reaction today when they got exposed. We'll have to wait and see if Raley does something about it now that it's in the open. We've all e-mailed him today and I asked for him to call in the NOBO list and expose those responsible and pursue legal options against them since this is clearly illegal.

Still holding for the long term, getting through this mess will take a little while, but the companies profitable now and will be debt free by years end. Then we can get some share buy backs or something to reduce the share count. At least no more stock is needed to fund operations, so this should be able to turn around, may just take a while. IMO

[RICHGRIZZ]

I couldn't agree with you more. I am glad others are seeing what I am. This borders on criminal, it is too bad the SEC doesn't pay closer attention to some of the lower boards, which I suspect the MM in this case are probably aware of and taking full of advantage of the situation!
For curiosity sake I think I will put a bid in at 0.000047 towmorrow. There seems to be no price too low for these guys, so if they are giving stock away, why not. "Lock and load" until they are depleted of their NSS!

[Ben Bien]

chin up old chap, many factors are at work here (oil futures in consistent decline, strengthening dollar, lowered demand for gasoline) and we can't always expect the market to be rational. the 71 mil. volume is indeed suspect; I expect UVSE to regain attention at this pricing level soon. I'll be buying at these 0.005 levels.

[Rally Cry]

Well said DD2. To not hold Ralley partially responsible for this situation is BChit.