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Just throwing this out there. Saw the news and who knows, it might move on it. Debt free and with this new contract alone they'll be netting $2.4mil... Scottie shows 22.5m OS... gl
I have no position and will only be watching. Please do your own additional DD...
Universal Bioenergy Signs Multi-Million Dollar Biofuels Contract Universal Bioenergy Signs Multi-Million Dollar Biofuels Contract PALM COAST, Fla., Aug. 25, 2009 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc., (Pink Sheets:UBRG) a company focused on the development and production of alternative energy sources and green technologies, announced today that it has signed a multi-million dollar contract with Mississippi Investment Petroleum Company (MIPCO), a next generation biofuels energy producer and marketer.
Under the terms of the agreement MIPCO will have a biodiesel fuel production arrangement and lease of Universal Bioenergy's biodiesel fuel refinery in Nettleton, Mississippi to produce and distribute biodiesel fuel to the Southeast, Midwest and Gulf Coast regions of the United States. The estimated gross revenue to be generated from the fuel sales to the end user is $30 million. The gross operating profit to Universal Bioenergy is estimated at $3 million, with a net profit of $2.4 million per year, since the company will incur no operating costs other than general and administrative expenses. Universal Bioenergy is currently debt free and the current market value of its refinery plant at full operation is estimated at $13+ million.
Their Chief Executive Officer Dr. Richard Craven states, "This contract will be very favorable to Universal Bioenergy, in terms of our revenue, growth, expansion goals and to secure similar contracts with other firms in the future." It is projected that the refinery would be producing fuel in November of this year, and would produce about 12 millions gallons per year at current capacity.
Posts: 68 | From: The world | Registered: Aug 2009
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-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
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haha ya... i have my funds tied up right now... QASP is supposed to have a PR before noon today so i'm in there banking on good news with the acquistions... i only had 1k free and said screw it haha... who woulda knew
Posts: 68 | From: The world | Registered: Aug 2009
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-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
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.44 1,157%... can anyone send me directions on how to make a noose... I don't feel so good right now HAHA
Posts: 68 | From: The world | Registered: Aug 2009
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true. have any in mind today brokes? your picks are pretty on most of the time
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
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None today. Bit busy these days so no time to search as I would like. But I always check this board for good picks when I have the time because its not too much PandD like the rest.
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good to hear someone made some money brokes... settled nice... woulda been nice to get in early when the market just opened... feel real bad for the guy who had that .45 transaction lol...
Posts: 68 | From: The world | Registered: Aug 2009
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Don't u think it looks like it's setting up for another run. I mean after that 1000% run, did not fall back right down. IMO may have an EOD run or something. Reminds me of LDSR when it spiked, settled mid-pointed and then soared again in a couple days. ASFX did something similar. Just my opinion because I cannot read charts.
TIP for U - When I do not have time to do research as I would like, I buy GRWW at these levels and wait for a run. Has a spike every month if u notice. Almost guaranteed profit. So that's what I have been doing yesterday. Got me 5 mils and waiting.
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Sorry brokes but i don't chase Up to far right now on such little news for me to chance it... kind of like JEDM...
If she climbs she climbs I'll try to have funds available for the next one
I don't flirt too much with the sub pennies all to often... I like to play news Usually take my 10% and hit the road Unless I feel there's a whole lot of pumping goin on and I'm feeling a good jump Thanks for the heads up tho!
Posts: 68 | From: The world | Registered: Aug 2009
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brokes...you gave me the heads up on grww, about a month or so ago...and I've made several good flips with it. You are dead-on about the spikes. Thank you!! Grww is good for when there aint that big one happening. Are you still looking at seaway?
Posts: 254 | From: Middle of Kansas | Registered: Jul 2009
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Beerlady Long time no hear. Sorry about SWVL - got out at .0003. Made a small loss but u can't win all the time. However, I am patiently waiting on GRWW. Made some dough yesterday on UBRG. Bought at the dip. Good luck to you.
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hey brokes...if you are still online...please read my pm to u...I need some help badly...it now just went up over 50%.
Posts: 254 | From: Middle of Kansas | Registered: Jul 2009
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hey, buck...what's your thoughts as to y u think that it could run again??? The last run was CRAZY...wish I had been in. I just made a fab profit (to me it was fab, cuz im such a newbie) today on atno, thanks to all the wonderful , friendly, willing-to-help-veterans on this board!!!!! Sorry for the stupid question, still trying to learn, and trying to understand how to speculate?
Posts: 254 | From: Middle of Kansas | Registered: Jul 2009
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