Current Report Filing (8-k)
July 16 2018 - 5:03PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act
Date of Report (Date of earliest event
reported): July 9, 2018
NEW CONCEPT ENERGY, INC.
(Exact Name of Registrant as Specified
in its Charter)
Nevada
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000-08187
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75-2399477
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(State or other
jurisdiction of incorporation)
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(Commission
File No.)
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(I.R.S. Employer
Identification No.)
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1603 LBJ Freeway, Suite 300
Dallas, Texas
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75234
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number,
including area code
972-407-8400
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
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¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Section 3 – Securities and Trading
Markets
Item 3.01. Notice of Delisting for Failure
to Satisfy a Continuing Listing Rule or Standard; Transfer of Listing
New Concept Energy, Inc.
(the “
Registrant
” or the “
Issuer
” or the “
Company
”) previously received
a letter dated April 23, 2018, from NYSE Regulation, providing official notice of noncompliance with the NYSE American continued
listing standards and providing that the Company was subject to the procedures and requirements set forth in Section 1009 of the
Company Guide. The April 23, 2018 letter noted the Company is below compliance with Sections 1003(a)(i) and 1003(a)(ii) of the
Company Guide, requesting, among other things, the submission of a Business Plan to NYSE Regulation by May 23, 2018, advising of
actions the Company has taken or will take to regain compliance. The Company previously filed a Current Report on Form 8-K for
a date of April 23, 2018, disclosing such matters and enclosing a Press Release, dated April 26, 2018, as an exhibit.
The Company timely submitted
a “Business Plan” to NYSE Regulation by May 23, 2018, and by subsequent letter dated July 9, 2018, NYSE Regulation
advised of a determination to accept the plan and grant a plan period through October 23, 2019 to regain compliance, with NYSE
Regulation’s staff reviewing the Company periodically for compliance with the initiatives outlined in the plan. The July
9, 2018 letter also requires that the Company issue a public announcement through news media, disclosing that it is not in compliance
with NYSE American’s continued listing standards and that its listing is being continued pursuant to an extension, with a
targeted completion date of October 23, 2019.
The information furnished
pursuant to this Item 3.01 of this Form 8-K, including Exhibit “99.2” attached hereto, shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise, subject to the liabilities of that Section, unless
we specifically incorporate it by a reference in a document filed under the Securities Exchange Act of 1933 or the Securities Exchange
Act of 1934. The Company undertakes no duty or obligation to publicly update or further revise information described in Exhibit
“99.2” to this Current Report on Form 8-K.
Section 9 – Financial Statements of Exhibits
Item 9.01. Financial Statements and Exhibits
The following exhibit is furnished with this
Report:
Exhibit
Designation
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Description of Exhibit
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99.2*
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Press Release dated July 13, 2018
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_________________________
* Furnished herewith
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be
signed on its behalf by the undersigned, hereunto duly authorized.
Dated:
July 16, 2018
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NEW CONCEPT ENERGY, INC.
By:
/s/ Gene S. Bertcher
Gene S. Bertcher, President and Chief
Financial Officer
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