Their 8K - I apologize not an affiliate, deemed to have indirect beneficial ownership
Section 501. Corporate Governance and Management
Item 5.01. Changes in Control of Registrant
On June 30, 2013, Metwood Inc. (“Metwood”), a Nevada corporation, with its principal offices at 819 Naff Road, Boones Mill, Virginia, 24065 and Global Energy Group LLC (“GEG”), with its principal offices at 101 Marietta Street, Suite 3100, Atlanta, Georgia 30303, entered into a Member Interests Purchase Agreement (the “Agreement”), dated June 30, 2013. According to the Agreement, on June 30, 2013, Metwood Inc., completed the acquisition of Global Energy Group LLC. Formal notification of the transaction was filed with the United States Securities and Exchange Commission (SEC), on a Form 8-K Report on August 5, 2013, by Metwood Inc. The Form 8-K Report is included in Metwood Inc.’s, SEC filings.
On June 30, 2013, Global Energy Group LLC directly owned 1,568,630,000 shares of Universal Bioenergy’s (the Company) common stock. The 1,568,630,000 shares was the equivalent of 61.78% of the Company’s 2,538,903,268 outstanding shares of common stock that were issued and outstanding on May 20, 2013, as reported in the Company’s Form 10-Q Report for the period ended March 31, 2013.
Due to the acquisition of Global Energy Group LLC by Metwood, (pursuant to the “Member Interest Purchase Agreement”), Metwood may be deemed to have indirect beneficial ownership (as that term is described in Rule 13d-3 under the Act), of the shares of which Global Energy Group LLC directly beneficially owns. As a result of the acquisition of Global Energy Group LLC by Metwood Inc., on June 30, 2013, a change of control of Universal Bioenergy (the Company) occurred.
Do whatever you want. And if it’s something you’re going to regret in the morning…sleep late
