Universal Bioenergy Plans Major Bus. Summit to Chart Course to Build Stronger Company, Improve Performance, Increase Sales & ...
May 09 2014 - 2:05PM
Marketwired
Universal Bioenergy Plans Major Business Summit to Chart Course to
Build Stronger Company, Improve Performance, Increase Sales and
Profits
Company's Major Goal Is to Sharpen Its Strategic Direction and
Increase Shareholder Value
IRVINE, CA--(Marketwired - May 9, 2014) - Universal Bioenergy
Inc. (OTC Pink: UBRG) (PINKSHEETS: UBRG), a publicly
traded independent diversified energy company that markets and
distributes natural gas, petroleum, coal and electricity, is
planning a major business summit for the senior management of its
Company and some of its strategic business partners in its efforts
to chart a course to build a stronger company.
The Company's management will be making plans to adjust its
business model, looking at market trends, and restructuring certain
aspects of the company to improve its overall performance and
increase its sales and profits. A major focus will be to increase
shareholder value and improve investor returns.
Universal's President, Vince M. Guest, states, "We feel the
future growth prospects of our company remains strong. The major
purpose of the business summit is to provide a forum to review our
past performance, our successes and failures, and to identify
effective strategies to improve our long-term performance. We'll be
evaluating our assets, resources, products, technologies and
services in the light of future trends, to deliver the best
products to our customers. We will be exploring better ways to
streamline our operations and focusing on the most effective market
channels and product categories to ensure our success. In spite of
the worst depression in U.S. history, a previous DTC 'chill' on our
stock, setbacks in the world economy, we were still able to build a
company from zero sales to over $60 million annually in three
years. Moreover, we believe we're on the road to $100 million in
sales and should achieve profitability this year. We are having
this strategic business summit to discover ways to increase our
sales, improve our share price and develop a stronger more
profitable company. We feel our loyal shareholders deserve this,
and more."
Universal Bioenergy is a high growth diversified energy company
that is experiencing double-digit growth. NDR Energy Group, a
subsidiary of Universal Bioenergy, sells natural gas to many of the
largest public utilities, electric power producers and local gas
distribution companies that serve millions of commercial,
industrial and residential customer in the United States.
About Universal Bioenergy Inc. Founded in 2004, Universal
Bioenergy Inc. is a publicly traded independent diversified energy
company that produces and markets natural gas, petroleum, coal and
propane. We market energy resources to the largest public
utilities, electric power producers and local gas distribution
companies in the U.S., that serve millions of commercial,
industrial and residential customers. We are also engaged in the
acquisition and development of existing or recently discovered oil
and gas fields, leases and surface coal mines. For more information
visit www.universalbioenergy.com
Safe Harbor Statement - There are matters discussed in this
media information that are forward looking statements within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. Such statements are only
forecasts and actual events or results may differ materially from
those discussed. For a discussion of important factors which could
cause actual results to differ from the forward looking statements,
refer to Universal Bioenergy Inc.'s most recent annual report and
accounts and other SEC filings. The company undertakes no
obligation to update publicly, or revise, forward
looking statements, whether as a result of new information,
future events or otherwise, except to the extent legally
required.
For inquiries contact: Media Relations Solomon Ali
704-837-5705