Tulla resources group purchased the following last...

Tulla resources group purchased the following last year.

Universal Resources Ltd has placed 33.8 million shares at 65 cents each with New South Wales-based Tulla Resources Group Ltd to raise about $2.2 million

They now have purchased at 19,400,000 million shares in Universal Resources via a conversion of convertible notes

Their investment from initial purchsae is sitting at a loss of over 20 million as we speak.

Wise to invest at such low levels. They would want to recoup that initial investment back.


regards