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  • no_blinders no_blinders Jun 30, 2013 9:33 AM Flag

    We will see what happens this coming week

    I am a disenchanted investor holding UBRG at a loss.
    UBRG's news release all read very positive.
    UBRG should be substantially higher that where it closed Friday.

    The most recent news I read 6/28:
    “largest Investor and shareholder is seeking to increase its stake in the Company”. … “Potentially seeking to increase its holdings in the Company by another 10%, and acquiring an additional 254 million shares of the Company's outstanding shares of common stock”

    UBRG share price should go up next week with the potential of 254 million new buy orders by one investor. IMHO if it does not, then this latest news release is another bogus one.

    As a sharehilder, I read this latest news as a potential turn-around for current shareholders:
    “IRVINE, Calif., June 28, 2013 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc., (UBRG), a publicly traded independent diversified energy company, that markets and distributes natural gas, electricity, petroleum and coal, announced that its The Investor, currently the largest shareholder in Universal Bioenergy, is potentially seeking to increase its holdings in the Company by another 10%, and acquiring an additional 254 million shares of the Company's outstanding shares of common stock. If the Investor intends to retire those shares it would significantly reduce the supply of outstanding shares in the open market, and could potentially increase the value of the Company's shares.”

    We will see.
    Good Luck, and Happy 4th of July Holiday.

    Sentiment: Hold

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0.0005+0.0001(+25.00%)Jul 1 4:00 PMEDT