Replies to post #6555 on Universal Bioenergy Inc. (fka UBRG)

[Jake111]

Thanks YMCMB.....Great post.

[6sigma6]

he was a board member and that the two companies have nothing to do with each other

According to REVO:

On January 7, 2011, the note holder amended the filing to include a personal loan to our president that was in default as of December 1, 2010 in the amount of $80,437, plus 10% interest, which the Company guaranteed.

I don't see S. Ali there or even at the bottom of the filing:

Mr. Carter and the company are working to resolve the matters and are unable to determine the final outcome until settlement is reached or payment arrangements have been made.

He also said they will not be releasing any PR's until they are done with the financials.

I agree, it will do more harm. They'd look very defensive or dodging the fact that we need the financial. You can't please everybody but that's what we all want don't we? If they release a PR pertaining to their misjudgement, it will also have a detrimental effect or any 'so-called Acquisition' PR after the last PR for 10Q/K. Most will just view this as 'delaying tactics' or 'blanket of smoke'.

There's no proof or correlation that S.Ali also include Vince Guest since most people jump into conclusion that Solomon Ali is involve in REVO that they've got scam in the making. Hey, quite a few people here made that judgement here. So I'm just using the same logic.

[banker j]

Thank you for the post!

[EarnestDD]

Good info. Thx for making the call.
Once the auditors are in ... you can't change up until next year.
Growing pains with auditors can be a bit**
jmo

[Jake111]

Nice work bud!!! Much appreciated!

[Dave68723]

Thanks for the info.