Universal Bioenergy, Inc. - OTC Pink Limited Information
Common StockSEC Reporting - Delinquent
| || ||For The Three Months Ending March 31, || |
For The Nine Months Ending
| || ||2014 || ||2013 ||2014 || ||2013 |
|REVENUES || ||$ ||25,713,759 || || ||$ ||12,400,975 || ||$ ||58,291,498 || || ||$ ||41,286,495 |
UBRG Security Details
|Shares Outstanding ||2,533,340,081 ||a/o May 21, 2014 |
|Float ||964,710,081 ||a/o May 21, 2014 |
|Authorized Shares ||3,000,000,000 ||a/o May 21, 2014 |
|Par Value ||0.001 |
1,568,630,000 Restricted http://ih.advfn.com/p.php?pid=nmona&article=62029239
04/24/2014 Additonal repurchase plan 20% or 566 million shares http://ih.advfn.com/p.php?pid=nmona&article=61934913
www.universalbioenergy.com | www.ndrenergy.com
UBRG owns 49% of NDR Energy Group, which is a marketer and seller of natural gas to 31 major utility companies across the U.S.
Their customers include Southern California Gas Company, Pacific Gas & Electric, CenterPoint Energy Resources, Baltimore Gas & Electric, Memphis Light Gas & Water, Duke (Ohio & Kentucky), Michigan Consolidated and National Grid. Our gas suppliers include EDF Trading, Chevron Texaco, Conoco Phillips, Chesapeake Energy Marketing, and Anadarko.
There are only 2 possibilities:::
A) the company is a fraud and everything is a lie (all SEC FILLING ETC ) which I have hard time believing.
B) Everything in regards to the contracts are true and this baby is going hit .15+ (there are more facts to point to a legitimate company === SEC FILLINGS, years in business, USA headquarter ,)
- YOU SHOULD CONTACT email:::
Senior Staff Writer - Charlotte Business Journal
He did in fact do a story on the company....
*UNIVERSAL BIOENERGY & NDR ARE FOCUSING ON EXPANDING THEIR CURRENT RELATIONSHIPS TO IMPROVE LONG-TERM SHAREHOLDER VALUE*
A) 1,568,630,000 Restricted Common Shares issued in June 2012 remain unsold by Company Insiders http://www.investorpoint.com/stock/UBRG-UNIVERSAL+BIOENERGY+INC/insider-trades/ B) During UBRG’s best year, 2011, revenues exceeded $70 million and then declined during 2012 along with the price of Natural Gas. However, due to the recent cold temperatures and an increase in the price of Natural Gas the company has been reporting record revenues. http://www.sec.gov/Archives/edgar/data/1320729/000126493112000235/universalbio10k1.htm 03/19/2014 UNIERSAL BIOENERGY announced that its subsidiary NDR Energy Group, sold an estimated 5.39 billion cubic feet (Bcf) of natural gas to its customers and set a new record of $25.19 million in projected sales for the first calendar quarter of 2014. NDR Energy Group kept pace with the rising demand for natural gas from its electric utility customers and the increased demand in the energy services sector, enabling them to break all previous records for first quarter sales.
The $25.19 million of natural gas sold by NDR Energy Group represents unprecedented growth and the highest first quarter calendar sales in the Company's history. The estimated sales of $25.19 million, exceeds the gross revenues of $12.39 million posted for the previous first calendar quarter of 2013 by an increase of 103.22%. The estimated 5.39 (Bcf) of natural gas sold for the first calendar quarter represents a 42.92% increase over the 3.77 (Bcf) of natural gas sold for the first quarter of 2013.
03/21/2014 The Executives of NDR Energy Group completed the first of its series of strategic meetings with senior executives of one of the world's largest independent oil and natural gas exploration and production companies operating in 30 countries. This public company reported over $58.24 billion in revenues in its Annual Report.
03/26/2014 UNIVERSAL BIOENERGY announced that it is in advanced contract negotiations with an energy trading firm for a major joint venture to generate substantial long-term revenues for the Company through the sales and financial trading of natural gas, electricity, petroleum and related energy contracts.
In its plans for growth and expansion, the Company is planning to form a strategic alliance with the energy trading company, which has its own energy trading desk, to generate higher revenues, margins and earnings. The Company is projecting that an estimated $100 million in revenues could be generated through the joint venture from the financial trading from the energy contracts, and the estimated profits could be from 2% to 20%, or an estimated $2 to $20 million.
03/28/2014 Universal Bioenergy announced that senior executives of its subsidiary NDR Energy Group completed its business summit and high-level meetings with its natural gas suppliers and customers that are headquartered in Houston, Texas. NDR Energy's Executive Team was led by President and CEO Ken Harris and Rickey Hart, Vice President of Business Development. The final high-level meetings were held with the second of two of the largest oil and gas producers in the world. The parties have agreed to move forward with an agreement for NDR Energy Group to obtain large natural gas supplies with these world class natural gas suppliers. The relationship with these suppliers will give NDR Energy Group strategic access to major supplies of natural gas for its electric utility customers for distribution and power generation throughout the entire United States. This would give NDR Energy Group the potential to grow into a major U.S. natural gas marketing company.
NDR ENRGY GROUP LLC a subsidiary of UBRG
Universal Bioenergy – Considers Options for Merger, Acquisition or Consolidation
Our management is considering the possibility of completing a merger or consolidation with another company to increase its market share, share price, market value, expand horizontally into other national or international geographical markets, expand vertically and create more value for its shareholders. Our Company’s management is currently evaluating the possibility of a merger or consolidation and its potential benefits and impacts on our Company; however, no decisions have been made regarding this matter. Any final proposals regarding this matter would be presented to the Board of Directors and the shareholders for approval as required by Federal and State laws, guidelines, and our corporate By-Laws.
The issues and benefits that would have to be considered include:
The potential value of the synergies and strategic fit of the target or acquiring company.
The financial, accounting, tax, and legal effects.
The acquisition or sell of stock and/or assets of either company.
Consideration of a merger or consolidation with another company to create a new stronger more valuable company.
Completion of a horizontal acquisition of a competitor or other company in our industry.
Completion of a vertical acquisition with another company either upstream or downstream in our industry that may include exploration companies, producers, distributors, and marketers.
Consideration of a triangular, or a reverse triangular, merger with a strong operating company on another exchange such as the NASDAQ, NYSE/AMEX or OTCBB.
Potential increase in the price of our common stock.
Economies of scale from the two companies combined resources.
Potential reductions in operating costs.
Potential to increase the earnings and earnings per share of the Company.
The potential to create more value for our shareholders.
Gas marketer NDR Energy ramps up sales, eyes new markets
NDR gaining national attention as revenue jumps 32%
Natural gas wholesale marketer NDR Energy Group increased its sales 32% in 2011 to $71 million. And it looks to boost sales again this year through sales to power companies for electricity generation and other strategies.
One of the most important of those strategies, Chief Executive Ken Harris says, involves expanding the company’s capacity to store natural gas for future sales. It plans to accomplish that under an agreement NDR made in April withSouthern California Gas Co.
Charlotte-based NDR is in the business of making gas sales to utilities. Because of the company’s size, those have traditionally been small, short-term deals to round out a utility’s primary supplies when demand spikes or at specific times of the year.
Harris says without the storage capacity, his company has to sell the gas it purchases on the spot market. That is a low-margin business, he notes, and leaves the company unable to hedge against future natural gas demand.
“Now we have the ability to buy today and sell at tomorrow’s prices,” he says.
The company is tucked away in a lower-level office in the complex that houses the N.C. Music Factory. NDR has only nine employees. That group includes company founder, Ricky Hart, who moved NDR here from Maryland in 2004.
Still, the company’s sales last year were enough to get it listed No. 49 this month onBlack Enterprise magazine’s report on the 100 largest black-owned industrial-services businesses. And NDR’s sales increase ranked No. 8 among those businesses for revenue growth.
But the company’s need to move to higher-margin businesses — and build its list of utility clients — is clear. NDR is a partially owned subsidiary of Universal Bioenergy Inc., which gets essentially all of its revenue from NDR. Universal Bioenergy lost almost $2 million in 2011. That was a slight improvement from a loss of nearly $1.9 million in 2010.
Hall, who is now NDR’s senior vice president of business development, sees opportunity for growth.
In NDR’s best year, 2006, its sales totaled $108 million. That was toward the end of the economic boom built mainly on the housing market. That market slowed in 2007 and fell off the cliff in 2008.
“The business is about establishing relationships,” Hall says. Being a majority black-owned business has opened doors for the company, he says, because all the nation’s major utilities face requirements to work with minority contractors. But the company can expand only by making good deals and delivering good service, he says.
Harris says he is working on it. The company boasts a customer list that includes more than 30 of the nation’s largest utilities. That’s up from 22 utility customers when he took over as CEO in April 2011.
In March of this year, the company won a contract to sell up to 25,000 million cubic feet of gas per day to Southern California Gas from April through October. The contract is worth up to $11.5 million, NDR says.
It’s an example of the sort of longer-term, higher-volume deal that Harris is trying to move his company toward.
But in some ways, it is a typical deal for NDR. Southern California is buying the gas to make sure it has its marginal supplies covered for natural gas sales to customers through the term of the contract. In the industry, such sales are called base-load sales.
Right now, such sales comprise more than 80% of NDR’s business. But Harris and his team are working to get more sales to power companies for producing electricity.
Natural gas prices have been so low in recent months that electric utilities find it less expensive to produce electricity from gas than any traditional fuel other than nuclear. Because many of NDR’s customers are in both electric and gas utilities — including Duke Energy Ohio, for example — NDR is trying to leverage its client list and get into sales for electric generation. He says Duke and Pacific Gas & Electric in Washington are among the companies NDR is in discussions with for such sales.
Harris’ goal is to get base-load sales down to 60% of NDR’S total revenue. But NDR isn’t looking to cut its base-load sales. Rather, it wants to boost its sales in other categories. Aside from efforts to sell more wholesale gas to private utilities, Harris says his company is working to make sales into what would be a new market for NDR — municipally owned utilities. He expects an announcement on one such deal this month.
“We’ve set our priorities,” Harris says. “We need to move from short-term monthly contracts and sell gas three months, six months and a year at a time.”
John Downey covers the energy industry and public companies for the Charlotte Business Journal.
|Date ||Insider: ||Shares ||Transaction ||Value |
|07/25/13 ||GLOBAL ENERGY GROUP, LLC, |
Beneficial Owner (10% or more)
|300,000,000 ||Disposition (Non Open Market) at $0.0545 per share. ||$16,350,000 |
|04/10/13 ||GLOBAL ENERGY GROUP, LLC, |
Beneficial Owner (10% or more)
|N/A ||Initial Ownership Statement (Form 3) ||N/A |
|04/10/13 ||GLOBAL ENERGY GROUP, LLC, |
Beneficial Owner (10% or more)
|1,568,630,000 ||Acquisition (Non Open Market) at $0.002 per share. ||$3,137,260 |
|Date ||Time ||Source ||Headline ||Symbol || ||Company |
|05/30/2014 ||11:53AM ||MWUS ||Universal Bioenergy Announces Fiscal Third Quarter 2014 Financial & Operating Results -- Sales Increase 107.35% to $58.29 Mil... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/28/2014 ||5:27PM ||EDGAR ||Quarterly Report (10-q) ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/19/2014 ||1:15PM ||MWUS ||Universal Bioenergy in Talks With Major Japanese Manufacturing Company to Sell Them LNG ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/15/2014 ||3:48PM ||EDGAR ||Notification That Quarterly Report Will Be Submitted Late (nt 10-q) ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/13/2014 ||12:55PM ||MWUS ||Universal Bioenergy, a High Growth Energy Company Signs Major Contract With Global Energy Group to Begin Energy Trading, Proj... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/13/2014 ||11:50AM ||MWUS ||Universal Bioenergy, an American Energy Company Signs Major Contract in Joint Venture With Global Energy Group & Forecasts Sa... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/13/2014 ||9:44AM ||EDGAR ||Current Report Filing (8-k) ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/09/2014 ||2:05PM ||MWUS ||Universal Bioenergy Plans Major Bus. Summit to Chart Course to Build Stronger Company, Improve Performance, Increase Sales & ... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/05/2014 ||11:20AM ||MWUS ||Universal Bioenergy Announces NDR Energy Group Signs New Agreement to Supply Natural Gas to $110 Billion U.S. Electric Utilit... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/02/2014 ||4:59PM ||EDGAR ||Current Report Filing (8-k) ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|05/02/2014 ||11:50AM ||MWUS ||Universal Bioenergy's NDR Energy Group Signs New Natural Gas Supply Contract With One of Largest Gas Producers in the World, ... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/30/2014 ||1:03PM ||EDGAR ||Statement of Changes in Beneficial Ownership (4) ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/29/2014 ||11:15AM ||MWUS ||Universal Bioenergy Moves Forward in Joint Venture for Global Energy Trading & Forecasts Sales of $100 Million & Profits of $... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/23/2014 ||3:25PM ||MWUS ||Universal Bioenergy Approves Financial Restructuring Plan to Reduce Debt, Increase Profits and Shareholder Returns ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/23/2014 ||12:15PM ||MWUS ||Universal Bioenergy Announces It Considers Plans for Major Stock Buy Back of 566 Million Shares of Its Common Stock ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/21/2014 ||10:45AM ||MWUS ||Universal Bioenergy Announces Plans to Expand Company and Build Major Independent Energy Company ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/17/2014 ||2:55PM ||MWUS ||Universal Bioenergy Announces Major Plans to Increase Shareholder Value and Investor Returns ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/15/2014 ||3:05PM ||MWUS ||Universal Bioenergy's NDR Energy Group Plans to Engage in Full Operations With One of World's Largest Producers of Natural Ga... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/15/2014 ||11:45AM ||MWUS ||Universal Bioenergy's NDR Energy Completes $2.7 Million Monthly Gas Transaction to One of the Largest Utilities in the US ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|04/14/2014 ||1:20PM ||MWUS ||Universal Bioenergy in Final Contract Negotiations for Joint Venture to Access Global Energy Markets to Trade Over $100 Milli... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/31/2014 ||2:16PM ||MWUS ||NDR Energy Group Estimates Record Natural Gas Sales of $8.6 Million for April 2014 ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/28/2014 ||2:57PM ||MWUS ||Universal Bioenergy's NDR Energy Executives Complete Meetings in Houston With Two of World's Largest Oil & Gas Producers, Par... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/26/2014 ||1:45PM ||MWUS ||Universal Bioenergy Announces It Is in Advanced Contract Negotiations With Energy Trading Firm to Sell Over $100 Million in E... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/24/2014 ||2:10PM ||MWUS ||Universal Bioenergy Announces NDR Energy Group Awarded New Contract, Sells Record $6.2 Million in Gas Prior to Official Start... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/21/2014 ||1:00PM ||MWUS ||Universal Bioenergy's NDR Energy Group Executives in Houston in High-Level Meetings With One of World's Largest Energy Firms ... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/20/2014 ||1:00PM ||MWUS ||Universal Bioenergy Announces It Is in Talks for Joint Venture for Contract to Sell 2 Million Barrels of Crude Oil in Deal Va... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/19/2014 ||3:15PM ||MWUS ||Universal Bioenergy Announces NDR Energy Group Awarded New Multi-Million Dollar Contract to Supply Natural Gas to Major Utili... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/19/2014 ||10:45AM ||MWUS ||Universal Bioenergy Announces NDR Energy Sets New Sales Record, Projects $25.19 Million for First Quarter 2014, Breaks Previo... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/12/2014 ||11:15AM ||MWUS ||Universal Bioenergy Announces It Is in Talks for Joint Venture for Energy Contracts, Forecasts Profits of $20 Million ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |
|03/11/2014 ||7:45AM ||MWUS ||Universal Bioenergy Announces NDR Energy Group Launches New Division for Daily Gas Sales to Increase Profits & Meet Growing D... ||USOTC:UBRG || ||Universal Bioenergy, Inc. (PC) |