UBRG, a High Growth Energy Company Signs Major Contract With Global Energy Group to Begin Energy Trading, Projects Sales of $100 Million

Global Energy Group Moves Forward to Expand and Capitalize on Its InvestmentIRVINE, CA, May 13, 2014 (Marketwired via COMTEX) Universal Bioenergy Inc. (OTC Pink:UBRG) (PINKSHEETS: UBRG), a publicly traded independent diversified energy company, that markets and distributes natural gas and petroleum, announced that it signed a major contract in a joint venture with Global Energy Group LLC to begin the physical and financial trading of natural gas, electricity, petroleum and related energy commodities. The transaction was approved by the Company s Board of Directors and reported to the SEC on Form 8-K. Universal Bioenergy is forecasting that an estimated $100 million in annual revenues could be generated through the joint venture from the financial trading from the energy contracts. The estimated profits from the joint venture are in the 2% to 20% range, or an estimated $2 to $20 million annually. Universal Bioenergy entered into an Acquisition, Marketing and Distribution Agreement with
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