September 8th, 2010
Posted on 04. Feb, 2010 by PublicWire in Energy
2/4 (UVSE.PK) Universal Energy Corp Taking Steps To Resume Trading On The OTCBB
HOUSTON, TX–(eMediaWorld – February 2, 2010) – Universal Energy Corp. (PINKSHEETS: UVSE), an emerging oil and gas exploration and production company, today announced that it is taking steps to resume trading of its common shares on the OTCBB. The Company’s common shares have traded on the pink sheets since May 2009. The Company expects to file its quarterly report for the third quarter of 2009 within the next week followed by the necessary regulatory filings.
“Our stockholders deserve the increased transparency and liquidity that the OTCBB provides,” commented Billy Raley, CEO of Universal Energy Corp. Raley continued, “While I expect this process to take a few months (including regulatory reviews), it is a worthwhile and important step in restoring investor confidence in the Company.”
Universal Energy Corp. is a publicly traded (PINKSHEETS: UVSE) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info for more details.
