Securities and Exchange Commission
to Section 13 or 15(d) of the Securities Exchange Act of 1934
earliest event reported)
OF REPORT (DATE OF EARLIEST EVENT REPORTED) December 4, 2012
File No. 333-123465
name of small business issuer as specified in its charter)
or other jurisdiction of
Employer Identification No.)|
Mac Arthur Blvd., Ste. 300
of principal executive offices)
the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions):
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
used in this report, the terms "we", "us", "our", "our company" “Universal”
refer to Universal Bioenergy, Inc., a Nevada corporation.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
disclosure and analysis in this Current Report on Form 8-K contains some forward-looking statements. Certain of the matters discussed
concerning our operations, cash flows, financial position, economic performance and financial condition, and the effect of economic
conditions include forward-looking statements.
that are predictive in nature, that depend upon or refer to future events or conditions or that include words such as "expects,"
"anticipates," "intends," "plans," "believes," "estimates" and similar expressions
are forward-looking statements. Although we believe that these statements are based upon reasonable assumptions, including projections
of orders, sales, operating margins, earnings, cash flow, research and development costs, working capital, capital expenditures
and other projections, they are subject to several risks and uncertainties.
are cautioned that our forward-looking statements are not guarantees of future performance and the actual results or developments
may differ materially from the expectations expressed in the forward-looking statements.
for the forward-looking statements that relate to future financial results and other projections, actual results will be different
due to the inherent uncertainty of estimates, forecasts and projections may be better or worse than projected. Given these uncertainties,
you should not place any reliance on these forward-looking statements. These forward-looking statements also represent our estimates
and assumptions only as of the date that they were made. We expressly disclaim a duty to provide updates to these forward-looking
statements, and the estimates and assumptions associated with them, after the date of this filing to reflect events or changes
in circumstances or changes in expectations or the occurrence of anticipated events. You are advised, however, to consult any
additional disclosures we make in our reports on Form 10-K, Form 10-Q, Form 8-K, or their successors.
8 - Other Events
8.01 Other Events
from Companies Wanting to Acquire Universal Bioenergy or its Assets
has on occasion received unsolicited letters of interest from several companies over the past few months, that have expressed
an interest in acquiring the Company, acquiring a large equity stake in the Company, or in purchasing some of its assets, such
as our outstanding corporate debt, or electric utility customer contracts. These have come from companies that include but are
not limited to; our creditors, our investors and other parties. The offers have been made either directly from those companies,
or through their representatives, in which case some of the companies have desired to remain anonymous for a period of time.
cannot initially, determine the validity of the offer and the strength of the companies expressing an interest in a potential
acquisition, without opening some exploratory discussions and some reasonable measure of preliminary due diligence. Management
will typically review all of these potential inquiries, or expressed interest to ascertain if the offer is genuine, their true
motivations, and attempt to gauge the real level of interest of the offer, prior to presenting it to the Board of Directors. In
the event that management determines that an offer is serious, it may open discussions and sign appropriate non-disclosure documents,
and obtain a Letter of Intent or Term Sheet from the offeror, and begin its due diligence. Some of the factors that we will consider
will be the financial strength of the company making the offer, obtaining the “best price” for the acquisition or
the assets, the potential economic benefit to our shareholders, tax liability, legal issues, accounting and financial impacts,
and the potential synergies and strategic fit of the acquiring company.
can take up a great deal of time and expense, and require that we engage our mergers and acquisitions (M&A) team of experts,
including our experienced investment bankers, accountants, auditors, lawyers and other technical personnel to assist in the due
diligence and closing the potential transaction. Control of, and proper disclosure of factual information in these matters are
critical, and unfounded rumors can have a potential negative impact on the Company, and the transaction. Although we review and
consider all unsolicited offers, no decisions have been made on any of these offers, and furthermore, we can provide no assurances
that we would pursue or otherwise enter into a formal agreement for any of these transactions.
when these potential transactions elevate to a situation whereby the Company either engages in serious discussions, negotiations,
executes a Term Sheet, Letter of Intent, or it otherwise is deemed to be a material event, the Company will take the appropriate
steps to timely disclose the information to the public and its shareholders in its regulatory filings.
9.01 Financial Statements and Exhibits.
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Vince M. Guest