One thing for sure about UVSE is the pps will never go up. This company is a 100% scam and nothing else. I don't think this company ever drilled for anything other than money from people's wallets.
Great, the stock just dropped back into the cellar of .0001-.0002, and somehow you think this signals a buy. Then please be our guest and buy all the shares you can at .0002, and then actually try and sell them. Let us know how well that works out for you.
And 160,598,100 of those were sells, only 511,000were buys. I don't see how that is a BUY signal. You have an upcoming A/S increase for CD conversions, means more dumping. As long as the dumping/dilution continues, the stock has no where to go except right back to .0001, and eventually NO BID as even the MM's will get sick of buying shares they can't sell/get rid off. The MM's are not going to become bag holders of another 50 billion shares.
Apparently they liked what they saw in the just filed 10K. Here's what the current Level II quote is showing.
0.0003 1350000 OTO 10:12:43
0.0003 500000 OTO 10:09:40
0.0003 650000 OTO 10:07:23
0.0003 9900000 OTO 10:05:34
0.0003 5000000 OTO 09:42:54
0.0002 950000 OTO 09:39:11
0.0002 100000 OTO 09:30:38
0.0002 150000 OTO 09:30:38
Don't count on it, your talking 27 million shares out of 6.45 BILLION shares have traded, thats less than .3% of the O/S. I guess you also didn't read the next filing which asks to raise the A/S from 6.5 BILLION to 100 BILLION. I suppose you think this little tidbit from that filing will get buyers rushing in:
As of June 30, 2009, we have issued and outstanding an aggregate principal amount of $4,469,600 of convertible debentures; based upon currently applicable conversion price of $0.00016 per share on that day, approximately 27,935,000,000 shares will be required if the Debentures are converted in full; additional, 142,743,836 shares will be required in order to satisfy our obligations under the Warrants at the current exercise price of $0.25 per share.
Total number of shares to be reserved for issuance
Total number of shares authorized but unreserved