Universal Bioenergy Planning for Shareholder Conference Call on Move to NASDAQ
January 26 2012 - 1:51PM
Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded
independent diversified energy company, announced today
that it is planning to conduct a live conference call with its
shareholders to discuss its potential plans to up-list to
NASDAQ and recent business developments.
The company recently announced that its
executives completed their trip to New York City and met
with several Wall Street investment banking and advisory firms
to assist with its potential plans to move to NASDAQ and related
issues.
The conference call will focus on plans to up-list to NASDAQ,
strategies to increase the Company's stock price
to qualify for NASDAQ, improving the Company's capital
structure, increasing its market value, a secondary
public offering, raising additional capital and other benefits
to shareholders. The scheduled date, time and
related information for the conference call is being arranged
and will be announced in a news release in the near
future.
"We're very excited about providing our shareholders with an
update on our progress and our plans for the future growth of
the Company. When we say we are trying to increase shareholder
value, we're not merely giving that lip service. We truly are
making plans to increase the value of the Company, our stock
price and maximize the wealth of our shareholders," says
Universal's Senior Vice President Solomon Ali.
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
For inquiries contact: Media Relations: Solomon Ali
at 949-559-5017
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: Vince Guest
Universal Bioenergy Inc
Phone: (949)559-5017
Fax: (951) 281-4653