UVSE - All That Really Matters Is Money Flow

UVSE issued a press release today stating a successful settlement agreement in lawsuit. Investors swooped in after this release and bought over 1.5 billion shares of UVSE stock, at one point putting the stock up 100%.

At the end of today's trading session UVSE had garnered $166,000 in volume, an impressive sum for a $.0001 stock. This tells me money is coming into this risky stock and if the stock follows its past history a run to $.0008 could be in the cards.... at least that is what the chart is telling us.

There were two market makers willing to sell at $.0001 at the close today. This is an official Guru bottom alert. If you have money to gamble with here is your play. Be warned this is a bidless stock meaning you may not be able to sell your shares, the risk for loss is great.

Do not get me wrong. I do not like UVSE's large share structure. I do not like much about this stock in general. What I do like is the money buying up shares, and no matter which way you look at it, money is all that matters.









Universal Energy Corp. Reaches Successful Settlement Agreement in Lawsuit
HOUSTON, TX, Jan 19, 2010 (MARKETWIRE via COMTEX) -- "We have persevered through a difficult time at Universal Energy Corp. (PINKSHEETS: UVSE), and management is fully committed to bringing it all the way back," commented Billy Raley, Chief Executive Officer of Universal Energy Corp.

On September 1, 2009, Universal Energy Corp. (the "Company") was served with a verified complaint by Roswell Capital Partners, LLC, as Collateral Agent for BridgePointe Master Fund Ltd. ("BridgePointe"). The complaint, which was filed in the United States District Court for the Southern District of New York, related to the investment BridgePointe made during 2007 in convertible debentures of the Company (the "Debentures"). The Debentures were secured by certain assets of the Company and its subsidiaries. In the lawsuit, BridgePointe alleged certain events of default by the Company including failure to pay the "Monthly Redemption Amounts" when due during 2009 and the failure to authorize and reserve a sufficient number of shares of common stock as required by the debenture agreements.

Terms of the Settlement

The key terms reached by the parties were to pay 55 percent of the principal balance plus interest. The agreement allows the Company to purchase its debentures with two equal cash payments. The first payment is due no later than May 1, 2010, and the second is due no later than June 1, 2010. Additionally, 10 percent of the previously outstanding principal and interest balance was paid in common stock.

Raley concluded, "Management has set the tone for 2010. All of the Company's convertible debentures have been retired and that's a big step in the right direction. With this lawsuit behind us, we can accurately complete our quarterly filings and resume growing this 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.

Forward Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

CONTACT:
Universal Energy Corp.
Billy Raley
CEO
(800) 975-2076
braley@universalenergycorp.info