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08.08.2011 (288 Days Ago)
| Title | UBRG Universal Bioenergy, Inc. | ||
| Country | United States |
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Description
Symbol: UBRG
www.universalbioenergy.com | www.ndrenergy.com
Powering a Clean Green Future
Business Description
Universal Bioenergy Inc. is an independent diversified energy company, headquartered in Irvine, California. Our common stock is presently listed on the OTC Pink Sheet Markets trading systems under the trading symbol "UBRG". Universal Bioenergy Inc. was incorporated on August 13, 2004 in the State of Nevada, under the name of Palomine Mining Inc. On October 24, 2007, the Company changed its name from Palomine Mining Inc., to Universal Bioenergy Inc. to better reflect its new business plan and strategic direction.
Our primary business focus is the production, marketing and sales of natural gas, oil and alternative energy. Through our subsidiary, we presently sell natural gas to 22 of the largest public utilities, electric power producers and local gas distribution companies that serve millions of commercial, industrial and residential customers throughout the United States. We are also engaged in the acquisition of oil and gas fields, lease acquisitions, and development of newly discovered or recently discovered oil and gas fields, re-entering existing wells, transmission and marketing of the products to our customer base. We are continuing our growth through an ongoing series of acquisitions, the most recent of which was NDR Energy Group LLC.
Our principal and administrative offices are located at 19800 MacArthur Blvd., Suite 300, Irvine, California 92612. Our telephone number is 949-559-5017.
NDR Energy Group LLC.
In April 2010, we expanded into the natural gas energy market by the acquisition of a 49% stake in NDR Energy Group LLC, in Charlotte, North Carolina ("NDR Energy"). NDR Energy markets natural gas, and was established in the State of Maryland on September 28, 2005. Through NDR Energy, we have contracts signed with 22 major utility companies in the United States, with strong Standard & Poor's credit ratings. Our 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.
Natural Gas: Clean Energy for Today, Tomorrow and Beyond
UBRG subsidiaries NDR Energy Group and Texas Oil & Gas Inc. provide shareholders increasing revenues from the production and sales of Natural Gas.
UBRG owns 49% of NDR Energy Group, which is a marketer and seller of natural gas to 22 major utility companies across the U.S.
Universal Bioenergy Natural Gas Developments and News:
UBRG Financing and Acquisition Developments
Why invest in Natural Gas as a clean energy?
The Role of Natural Gas in Renewable Energy Economy
Natural Gas wins. Natural Gas is the clear winner in the transition to a Renewable Energy Economy. Natural Gas is important to both Power Generating Plants and Transportation for well into the foreseeable future.
A June 25th 2010 article in the New York Times quoted a report by the Massachusetts Institute of Technology that stated "Natural gas will provide an increasing share of America's energy needs over the next several decades, doubling its share of the energy market to 40 percent, from 20 percent."
December 2010: Clean Energy Fuels: New Tax Bill Extends Support For Natural Gas Fuel For Transportation
"The tax bill passed by the US Senate and House of Representatives and signed into law by President Obama Dec. 17 provides solid support for the critical movement to deploy large numbers of natural gas vehicles (NGVs) in the United States."...
"Costing less than diesel or gasoline, natural gas fuel produces up to 30% lower greenhouse gas emissions in light-duty vehicles, and up to 23% lower greenhouse gas emissions in medium- to heavy-duty applications. Department of Energy reports estimate that 98% of the natural gas consumed in the U.S. is sourced in the U.S. and Canada." Read full Article
Wall Street Journal: Utilities are increasingly looking to natural gas to generate electricity
New York Times: Utilities shift to gas-based plants as alternative to coal
New York Times: MIT Researchers See Natural Gas as the Choice for Lower Carbon Emissions
UBRG Security Details
Share Structure
| Market Value1 | $8,036,377 | a/o Aug 05, 2011 |
| Shares Outstanding | 125,568,383 | a/o Jul 22, 2011 |
| Float | Not Available | |
| Authorized Shares | 1,000,000,000 | a/o Jul 25, 2011 |
| Par Value | 0.001 |
Shareholders
| Shareholders of Record | 33 | a/o Dec 31, 2010 |
Corporate Actions
| Ex. Date | Record Date | Pay Date | |
|---|---|---|---|
| Dividend (0.00) | Mar 31, 2011 | ||
| Dividend (0.00) | Jun 29, 2011 | Jul 01, 2011 | Jul 08, 2011 |
| Dividend (0.00) | Mar 31, 2011 | Jun 10, 2011 |
Security Notes
- Capital Change=shs increased by 5 for 1 split Ex-date=11/14/2007. Rec date=11/12/2007. Pay date=11/13/2007.
- Capital Change=Stk. Div.=10%. Ex-date=06/29/2011. Rec date=07/01/2011. Pay date=07/08/2011.
Company Officers
| Solomon RC Ali | SVP, Inv. Rel., Vice President |
| Vince Guest | President, CEO, CFO |
| Nicole Singletary | Consultant, Corp. Commun. |
| Don Deluna | Manager, Sales |
Photos
UBRG Universal Bioenergy, Inc.
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