GBR New Concept Energy Inc

Item 5.07.  Submission of Matters to a Vote of Security Holders

On December 5, 2016, the Annual Meeting of Stockholders of New Concept Energy, Inc. (" NCE " or the " Issuer " or the " Registrant ") was called to be held following a solicitation of proxies, pursuant to a Notice of Annual Meeting and related Proxy Statement, each dated November 3, 2016, distributed in accordance with the requirements of Regulation 14A under the Securities Exchange Act of 1934, as amended. On the record date of October 31, 2016, a total of 1,946,935 shares of Common Stock and 559 shares of Series B Preferred Stock was outstanding, with each share entitled to cast one vote.

At the Annual Meeting, which involved the election of directors and the ratification of the appointment of the independent registered public accounting firm, after the call to order, it was determined that fewer than the requisite properly executed and valid proxies to establish a quorum had been received prior to the meeting. The Chair of the meeting recessed the Annual Meeting until December 28, 2016, at 10:30 a.m. in order to allow the further solicitation of proxies to hopefully achieve at least a necessary quorum. A quorum is the presence in person or by proxy of stockholders entitled to cast at least 973,747 votes. During the recess, management and members of the Board of Directors of the Issuer will attempt to obtain additional proxies covering in number at least the quorum number.