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techno53

03/02/09 11:28 AM

#23041 RE: eddy2 #23040

All Speculation. None of you know what USVE is contemplating. The last email I received from Raley was they were exploring all options. Why would a company with 4 income producing wells slide to the pinks. The stocks that slide to the pinks are the ones with no source of income. This company is just riding out the CD conversions.

The company is worth more if they institute a stock purchase plan. Also, with their low debt and income producing wells, they are a prime company to be purchased by another oil company.