posted
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.
duckhead
posted
up 45%...
duckhead
posted
geezes am i a jag...up 140% now...
EDIT: Jag as in an ass... Should have pulled the trigger...
duckhead
posted
214%
duckhead
posted
printing .18 414%
jdizz
posted
haha man! i wish my order filled at .09
brokes
posted
Damn duckhead could kick myself. Left for a few minutes to tend to baby and this is what happened. Good Pick!!
duckhead
posted
.25 585%
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
jdizz
posted
what is the pr goin to be about?
duckhead
posted
what a monster... .35 900%
duckhead
posted
supposed to be in relation to buyback and the 4 acquistions... dunno if it's good or bad... but I'm obviously hoping for good
bad sign with this stock today so I'll prolly get hammered!!!
duckhead
posted
.44 1,157%... can anyone send me directions on how to make a noose... I don't feel so good right now HAHA
brokes
posted
Never mind. There are always new opportunities everyday.
I did not lose out completely - got in at the dip at .20 and out at .25. A profit is a profit. Thanks for the tip.
jdizz
posted
true. have any in mind today brokes? your picks are pretty on most of the time
brokes
posted
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.
duckhead
posted
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...
brokes
posted
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.
duckhead
posted
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!
beerlady
posted
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?
brokes
posted
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.
beerlady
posted
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%.
buckstalker
posted
This one could go again here...
beerlady
posted
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?
mrchipper
posted
$UBRG looking like a break out here, buy/sell ratio looking very good here imo