Universal Bioenergy and NDR Energy Executives to Meet With Investment Banking and Private Equity Companies in New York
January 13 2012 - 10:30AM
Universal Bioenergy Inc. (OTCMarkets:UBRG), a publicly traded
independent diversified energy company, announced today that
the senior executives of Universal Bioenergy Inc., and NDR Energy
Group LLC will be traveling to New York City the week of January
16, 2012 to meet with several investment banking and private equity
firms.
The Company executives plan to have a series of highly focused
intensive meetings and discussions covering raising additional
capital for the company's growth and expansion, future acquisitions
in the energy industry, increasing market awareness,
up-listing to a major national stock exchange such as NASDAQ
or NYSE Amex Equities, increasing their stock price, market
value and a possible secondary public offering.
Universal's Senior Vice President Solomon Ali states, "We are
very excited to meet with some of the investment bankers and
private equity firms in America's financial capital, New York City.
We have had meetings with these firms through conference
calls since November of 2011, regarding raising expansion
capital for the Company, positioning us to move to a major stock
exchange, improving our stock price, capital structure and related
issues. These direct meetings with their executives, investment
bankers, underwriters, analysts and broker dealers, will help
prepare us to accomplish these major steps and to recommend an
optimal strategy to maximize our shareholder value. We intend to
engage one or more of these firms to achieve these objectives in
association with our securities counsel in the next 60 - 90
days."
About Universal Bioenergy Inc.
Founded in 2004, Universal Bioenergy Inc. is a publicly traded
independent diversified energy company that produces and markets
natural gas, petroleum, coal and propane. We market energy
resources to the largest public utilities, electric power producers
and local gas distribution companies in the U.S., that serve
millions of commercial, industrial and residential customers. We
are also engaged in the acquisition and development of existing or
recently discovered oil and gas fields, leases and surface coal
mines. For more information, visit www.universalbioenergy.com.
The Universal Bioenergy Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6784
Safe Harbor Statement - There are matters
discussed in this media information that are forward looking
statements within the meaning of Rule 175 under the Securities Act
of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934,
and are subject to the safe harbor created by those rules. Such
statements are only forecasts and actual events or results may
differ materially from those discussed. For a discussion of
important factors which could cause actual results to differ from
the forward looking statements, refer to Universal Bioenergy Inc.'s
most recent annual report and accounts and other SEC filings. The
company undertakes no obligation to update publicly, or revise,
forward looking statements, whether as a result of new
information, future events or otherwise, except to the extent
legally required.
CONTACT: Media Relations:
Solomon Ali
949-559-5017