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NEWS...NEWS...IMPORTANT....
http://www.otcmarkets.com/stock/UBRG/news
UBRG will explode any time soon guys,They said in the PR that are working to get new long investors and that is really what we need in order to increase the share value over 0.47 we are close to get out of the woods and trade this stock with real dignity and proud that we are in the right direction...tomorrow is gona be a great day guys....GO UBRG GO....GLTA
UBRG will spike any time sooner to 1.47 with the 3Q PR and more adquisitions...This is the best part of the PR....few days to play short with this stock buy as much as you can before is too late....GLTA
Vince M. Guest, Universal's President says, "A major goal for us in 2011 is to focus on generating earnings and profitability. We plan to aggressively gain more market share and obtain more customers, including federal and state agencies, cities, municipalities, and large commercial and industrial customers. Our 26 customer contracts are a very valuable asset for us. Each one of our customer contracts has the potential to generate an estimated $12 to $18 million or more in annual sales. That is an additional $48 to $72 million in potential annual sales, just from these four new customers alone. Imagine our revenues when we consistently sell that kind of volume to all 26 customers. Based on our double digit revenue growth, our management believes our stock may be undervalued. The annual sales price per share based on our last twelve trailing months of revenues of $63.38 million is $0.47 in sales per share, which is almost 12 times the current share price. We are a high growth company, and are projecting $80 to $100 million in revenues for 2011. We believe this should create more value for our shareholders."
I don't think so...Not enough buyers...In any other stock this PR could spike the price but i think Ali and Vincent will need a DESPOJO...in order to do that job they should go to GUANABACOA....GLTY
Ok Guys don't waste your energy due tomorrow a lot of buyers will jump in...This stock already start moving upward PERIOD....GLTA
Universal Bioenergy's NDR Energy Group Signs Agreement With Major Energy Company
IRVINE, Calif., Sep 26, 2011 (GlobeNewswire via COMTEX) -- Universal Bioenergy Inc., (Pink Sheets:UBRG), an energy company, announced today that NDR Energy Group, its subsidiary, has signed an agreement to supply natural gas to the commercial power division of one of the largest electric power companies in the United States. The company's parent, a Fortune 500 company, traded on the New York Stock Exchange, reporting revenues of $14.27 billion in 2010.
Universal Bioenergy's NDR Energy Group Signs Agreement With Major Energy Company
IRVINE, Calif., Sep 26, 2011 (GlobeNewswire via COMTEX) -- Universal Bioenergy Inc., (Pink Sheets:UBRG), an energy company, announced today that NDR Energy Group, its subsidiary, has signed an agreement to supply natural gas to the commercial power division of one of the largest electric power companies in the United States. The company's parent, a Fortune 500 company, traded on the New York Stock Exchange, reporting revenues of $14.27 billion in 2010.
Universal Bioenergy's NDR Energy Group Signs Agreement With Major Energy Company
IRVINE, Calif., Sep 26, 2011 (GlobeNewswire via COMTEX) -- Universal Bioenergy Inc., (Pink Sheets:UBRG), an energy company, announced today that NDR Energy Group, its subsidiary, has signed an agreement to supply natural gas to the commercial power division of one of the largest electric power companies in the United States. The company's parent, a Fortune 500 company, traded on the New York Stock Exchange, reporting revenues of $14.27 billion in 2010.
Universal Bioenergy's NDR Energy Group Signs Agreement With Major Energy Company
IRVINE, Calif., Sep 26, 2011 (GlobeNewswire via COMTEX) -- Universal Bioenergy Inc., (Pink Sheets:UBRG), an energy company, announced today that NDR Energy Group, its subsidiary, has signed an agreement to supply natural gas to the commercial power division of one of the largest electric power companies in the United States. The company's parent, a Fortune 500 company, traded on the New York Stock Exchange, reporting revenues of $14.27 billion in 2010.
Thank you Cochese...I already sing up there in order to get more news straight from that Forum....UBRG will jump when we don't expect...Is a matter of time....We are using more Nat Gas than never before....GLTA
To Mr.Ali and Mr.Vincent I hope you will take steps to bring long Investors to UBRG from those need Funds.....READ...
Investors Under Pressure to Buy Riskier Assets: IMF
Deep-pocketed pension and insurance funds may increase their investments in equities and other riskier assets in emerging and developing countries as they struggle with historically low interest rates in industrialized markets, the IMF said on Tuesday.
Pension plans of Canada, Germany, Japan, Switzerland, Britain and the United States, which typically rely on traditionally safe investments such as bonds, are in danger of being unable to cover what they owe beneficiaries, in part because of low interest rates, the IMF said in its Global Financial Stability Report.
The full report will be released on Sept. 21.
Pension and insurance vehicles are being left underfunded because traditionally safe investments in industrialized countries are yielding little or nothing due to the historically low interest rates, the IMF said.
One way to try to avoid any shortfall would be to become more aggressive and move into riskier assets, said Laura Kodres, assistant director of the IMF's monetary and capital markets department.
Until now pension funds have been reluctant to increase holdings of risky assets. "So far it appears they are paralyzed like deer in the headlights of an oncoming car, afraid to move," Kodres said.
But in an IMF survey, about one-fifth of respondents expected higher risk exposure in their portfolios in the next three years. Investing in emerging markets was seen as a way of increasing portfolio returns without taking on excessive risk.
The report said state-owned wealth funds currently hold some $4.7 trillion in assets while international foreign exchange reserves total about $10 trillion. Together, the value of wealth funds and foreign exchange reserves amount to about one-fourth of assets under management of private institutional investors, the IMF said.
Since the 2009 global financial crisis sovereign wealth fund managers have increasingly diversified their portfolios by increasing investments in equities and alternative assets, usually financed by cash, and to a lesser extent fixed income holdings, the IMF said.
New IMF estimates put core reserves needed for balance of payments purposes in emerging market economies at $3.0 trillion to $4.4 trillion, leaving $1.0 trillion to $2.3 trillion potentially available to be invested beyond the traditional mandate of reserve managers, in a manner more like that of sovereign wealth funds.
The IMF said alternative assets such as commodities, real estate, infrastructure and hedge funds were increasingly catching investors' attention, but so far there was little evidence of a significant shift in that direction.
While insurance companies are required to hold the bulk of their assets in safe, low-yielding investments, they may become more aggressive with the rest of their portfolio, which could lead to investing more aggressively in smaller emerging markets or alternative assets, the IMF said.
"Even though it appears these are more risky from the outside, once you've put them into the portfolio it can actually lower the risk of the portfolio," Kodres said.
One concern with alternative assets is investors may not be able to exit them easily in times of turmoil, the IMF said, adding that this was a time for emerging market countries to strengthen their financial systems.
Are we going to see any Good PR today?...I'm waiting for good news and this stock will start to move up otherwise we will remain at low level...Is UBRG adding more Utilities to their portafolio?...Will see...GO UBRG GO...GLTA
UBRG BOARD ARE GOOD NEGOTIATORS AND WILL MAKE $$$$$ IN A NEAR FUTURE....PERIOD
Why USA buy cheap goods from CHINA?..Because is the marketing plan at lower cost INSTEAD OF BUILDING IN USA...UBRG will drive the price up in the future if the market price go up too but still keeping at lower price than the Market and their clients would be still happy...We don't know the content they signed in those contracts or even if those contracts are for long term or not but for sure they had been building a strategic way to keep those Big costumers in the future and add more...GLTA
Finally i can post here...This is a good news better that all we had in the past...This means UBRG will continue reporting on time from now on....Will see with next PR's coming what is next...pending is the Frankfurt Exchange List and others new JV agreements with more utilities...I think they should be focus in Export the nat Gas to the Caribbean due is cheap and close to TEXAS and those country's use a lot of nat Gas in a daily basis...GLTA
Wilma i support your point of view but in this board next time post for everybody and avoid any missunderstain with an specific poster otherwise they will put you in a wrong path...We believe in this Company and that was the 10Q from 1st Quarter....for sure the 2nd Quarter will be better and by the end of this year will be great with around 100Mil in revenues..This is a start up Company and they turned around the last quarter of 2010...before that time there were not any revenues at all...They stated in the 10Q as follows...GLTY
Focus on Earnings
We achieved sales revenue of $22,247,354 for the three months year ending March 31, 2011, as compared to $0 for the same period in 2010. While building our business, we focused on generating substantial sales revenues, a broad customer base, and gaining the greatest share of the market in the shortest period of time. That strategy affected how we obtained our supplies, their relative cost, and how we priced our products for sell to our customers. To gain a great market share in a short period of time, initially resulted in higher cost of goods sold, and selling the product, at or slightly below our costs, and that directly impacted our profitability. This caused almost negligible gross profit and negative earnings. This strategy was only a temporary measure, while we were building greater market share, last year.
A major goal for us in 2011 is to focus on increasing earnings and profitability. As plans for increasing earnings include the following;
• First, we are changing our strategy for obtaining our supplies of natural gas.
• Second, we are negotiating with independent oil and gas producers to obtain our supplies at the wellhead, and aggregating the supply under long-term supply agreements to market to our customers.
• Third, we engaged in a joint venture with Progas Energy Services, to develop the Northwest Premont oil and gas field in Texas. We will obtain our share of the oil and gas from that field, from the wellhead at the producer’s price.
• Forth, the Company is attempting to obtain more bank funding, lines of credit, and Letters of Credit, as opposed to using the suppliers “trade credit”, to purchase the gas.
• Fifth, we will be re-negotiating our existing supplier agreements to purchase the gas in larger quantities, with greater economies of scale, on better terms, at lower purchase costs, and reduce the high financing costs. This should drive our costs down, and potentially produce higher profit margins for the Company.
We finally got the 10Q for the 1st Quarter and once again we KK what the UBRG board posted months ago...In order to get current with Financials we only need the 2nd Quarter and for sure will be good as they also posted before...For investors who really believe in this company stay long because by the end of this year the price will spike....Finally UBRG is on track with good adquisitions and agreement and as soon they be current UBRG will be list in the Frankfurt Stock attracting more Investors and hopfully we will get rid of those Bashers who want the UBRG fail and the share value plunge...But we are in the right direction and keep going....On monday maybe we hear again from UBRG...The Game start again and the UBRG team will WIN...Bashers Team are going to Loose...LOOSER's...I'm allowed to post once a day thanks to the Moderator....GLTA
Symbol change due OTC Tier Change to Limited Information (YIELD)...For sure the price will decrease sooner...
They did what they should do long time ago...The accountant didn't care if the delay of the 10K will affect the UBRG reputation and confidence....remember how many times Ali told everybody that the 10K will be out sooner and everybody doubt that because of the delay...Well done and i hope the new one will speed the 10Q's and will release next reports on time...
On August 18, 2011, Universal Bioenergy Inc., (the “Registrant” or the “Company”) notified S.E. Clark & Company P.C., (“Clark”), that it was dismissed as the Registrant’s independent registered public accounting firm. The decision to dismiss “Clark” as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors on August 18, 2011.
Due to the size of the Company, it was not feasible to employ a competent in-house professional to prepare the US GAAP basis filings, necessitating engagement of independent accounting consultants. Management has taken remedial action to improve the timeliness and reliability of the financial statements by terminating its relationship with the previous consultants and engaging other professionals to assist with the preparation of the financial statements and filings
This is the recomendation from barchart....
http://www.barchart.com/opinions/stocks/UBRG
It's a reality what is happening out there with the energy Plants,but also we should add the Nat Gas used in Transportation like Buses,Trucks,Heavy Machinery ....GLTY
You are 100% right everytime a company filed their revenues they use to compare with the same period a year ago and if they made what they posted in a Pr for the six months of 2011 is a huge advance.for sure after they release the 10Q for both quarters they will list UBRG in the Frankfurt stock bringing more investors and Capital to the company....Hope next week they will release and meanwhile M&M continue playing their game here...But that doesn't reflect the real value of UBRG....Sorry but I'm limited to one post per Day....GLTY
I think we should focus in the date they used to file in August,I sent an email yestarday asking to step up in regards those shorts sellers and the M&M sells too wich had been moving this stock down and creating a fear and lack of confidence in UBRG...I'm long here and I will support UBRG because I believe in them and Nat Gas is expanding in USA and Globally.Right now you are not the only one loosing money,but you really are not loosing till you sell you are holding and with the time I had been trading in PINK there is always surprises and good ones you only be patient and everything will turned around in our favor....I don't post more because i'm restricted to one per day....GLTY
Universal Bioenergy Inc. (Pink Sheets:UBRG), a publicly traded alternative energy company, announced today, that it is has signed an agreement with ProGas Energy Services Inc., of Texas.
The agreement is a joint venture between "Texas Gulf Oil & Gas," Universal's new subsidiary, and ProGas, to jointly develop a newly discovered or recently discovered oil and gas field located in Texas's Gulf Coast natural trend, in Jim Wells County Texas. The plans include potentially developing up to 110 oil and gas wells from this field. Three initial wells have already been drilled, are producing oil and gas, and should bring immediate profit to Universal. ProGas Energy has developed over 2000 oil and gas wells, and have over 200 years of combined experience in the oil and gas industry. According to ProGas Energy, the estimated reserves of the field, are over 20 million barrels of oil, (an estimated value of $1.82 billion at today's NYMEX price of $91.48 per barrel), and 17 billion cubic feet (bcf), of gas.
"This is another major step for the Company, as it allows Universal to acquire natural gas from the ground, for a small fraction of the purchase costs that it currently pays for gas. Universal's exploration costs for its share of the field is estimated to be less than 10% of the current NYMEX price for November, which is $4.14 per mcf, allowing Universal to earn a 90% gross profit, or over $3.74 per mcf at current prices, on the spread of gas that it owns in the field. Universal will be able to market the gas produced, that it owns, as well as the gas of the other industry partners in the development of the field, such as ProGas Energy, who have offered Universal the right to market their gas," says Universal's Sr. Vice President Solomon Ali.
This was posted in Yahoo....
You are 100% right...When Big oil companys must sell at higher price due the cost and contracts they are selling cheaper and they still makes profits this is the strategy well done by UBRG and now they are expanding and investing in new purshases and closing new agreements with Multimillions comapnys...Beside they are working with Banks to bring new Financial investors who will get pay either cash or in common stocks...I prefer the second option...UBRG will become one of the main Nat Gas company in USA in th next 6-12 months...If they come up with a 40 Mil earning for the first six months of 2011 let me tell you they will make more for the 3th and 4th Quarter...Remember the Nat Gas price spike by the 3th Quarter always due sell for winter that's why I think this year they could be around 100 Mil in revenues or more for the very first time.....I'm limited to two post a Day Guys....GLTY
UBRG is going to jump to 2-5.00 per share sooner than later....GLTA
Sorry my friend but i will continue talking about UBRG Frankfurt Stock listing.....Read carefully the new PR....
Once we are current on our filings, we can complete the process to be listed on the Frankfurt Stock Exchange, one of the largest in the world.
GLTY
You guys are planning to jump out now when UBRG is about to release the audit 10Q for the 1st and the current 10Q of the 2nd Quarter?....They need to be current on Financial to complete any application for Franfurt stock and also release good news to increase the stock value....Maybe this week or next....Remember we are almost in August and the ride could start early...Good luck for those who want to abandon the ship....For the rest who remain here HOLD and we will be compansated....GLTA
There is 100 Billions total issued shares with the three dilutions the last year that's why value is 0.0001 per share with no real revenue....They cheat every investor taking their money by adding more share every four months...
Low volume today...No sells no buys...Holding and waiting for the 1st and 2nd Quarter release plus more PR's about new and old agreements....GLTA
UBRG should hire a Financial Institution to help them an strategy to increase the stock value otherwise M&M will continue playing their game....GLTA
No what i want everybody know that a R/S is coming 100000/1 for sure....PERIOD...GLTY
WARNING----WARNING----WARNING-----WARNING-----WARNING
THIS JUNK IS READY FOR ANOTHER R/S ...DO NOT INVEST HERE OTHERWISE LOOSE YOUR HARD EARN MONEY....GLTA
Share Structure
Market Value1 $4,603,131 a/o Jul 28, 2011
Shares Outstanding 46,031,306,948 a/o Jun 30, 2011
Float 10,337,304,636 a/o Jun 30, 2011
Authorized Shares 100,000,000,000 a/o Jun 30, 2011
Par Value 0.0000001
To Remind everybody here........
Universal Bioenergy Inc. reported preliminary and unaudited revenue results for the
first quarter ended March 31, 2011. The company announced a new record in sales
revenue of $22,565,496, for the first quarter ending March 31, 2011. The company
anticipates generating continued strong, solid revenues throughout 2011.
Universal Bioenergy Inc. is planning a major expansion in the natural gas and oil
markets to generate greater revenue, profits and shareholder value. The expansion
plans includes development of new or recently discovered oil and gas fields in
Texas and Louisiana, oil and gas lease acquisitions, and re-entering existing wells.
There are nearly 3,240 utilities in the United States. Universal has signed contracts
with 22 major utilities, and are in discussions with others for more contracts. As part
of its expansion, the Company plans to develop an aggressive sales force, to obtain
agreements with a projected 100 utilities, and other customers including, Federal
and State Agencies, Municipalities, and large commercial and industrial customers,
in the next 12 to 24 months. This will give the Company a greater share of the
market, potentially increasing their revenues and profits.
July 27, 2011
Universal Bioenergy Inc (UBRG) OTC
GICS Sector: Energy
Sub-Industry: Oil & Gas Refining & Marketing
Or maybe till they be current with all financials report that is no gona happen....The 10Q 1-2 Quarter are pending the first to be audited and the second to be release right....Let's wait for those to comes out....For sure will be soon....GLTY
At any time soon UBRG will release the 10Q 1st Quarter audited and the 2nd Quarter too....GLTA
I ask to ErnestDD already to do so....GLTY
UBRG should hire a Financial Institution to help them an strategy to increase the stock value otherwise M&M will continue playing their game....GLTA
Confirm...
M&M still playing game here....BTIG got into the game today....more MPID are jumping in....GLTA
If you are still holding let me tell you this is going to explode any time soon....If you want to help more people let them know because this is still cheap before jump...There is more pending PR's and the 10Q for the 1st and 2nd Quarter should be out sooner than later...The good thing with UBRG is that they have a low cost operation and sell Nat Gas at a low price and still can make money however Big Companys need higher Nat Gas price to compete and make money....Do your DD back to November/December 2010 and you will KK what i'm telling you....GLTY