New Concept Energy Files 8-K on Shareholder Vote Matters

TL;DR

NCE filed an 8-K for a shareholder vote on Dec 4th. Expect news soon.

AI Summary

New Concept Energy, Inc. filed an 8-K on December 9, 2024, reporting a submission of matters to a vote of security holders on December 4, 2024. The company, formerly known as CabelTel International Corp, is incorporated in Nevada and operates in the crude petroleum & natural gas sector.

Why It Matters

This filing indicates that New Concept Energy, Inc. is engaging in corporate actions requiring shareholder approval, which could impact the company's future direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

• New Concept Energy, Inc. (company) — Registrant
• CabelTel International Corp (company) — Former company name
• December 4, 2024 (date) — Date of earliest event reported
• December 9, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ch Registered Common Stock, par value $0.01 GBR NYSE American Indicate by chec

Filing Documents

• z1262408k.htm (8-K) — 28KB
• 0001214659-24-020045.txt ( ) — 199KB
• gbr-20241204.xsd (EX-101.SCH) — 3KB
• gbr-20241204_lab.xml (EX-101.LAB) — 33KB
• gbr-20241204_pre.xml (EX-101.PRE) — 24KB
• z1262408k_htm.xml (XML) — 4KB

07. Submission of Matters to a Vote

Item 5.07. Submission of Matters to a Vote of Security Holders On December 4, 2024, the Annual Meeting of Stockholders of New Concept Energy, Inc. (" NCE " or the " Issuer " or the " Registrant ") was called to be held following a solicitation of proxies, pursuant to a Notice of Annual Meeting and related Proxy Statement, each dated October 29, 2024, distributed in accordance with the requirements of Regulation 14A under the Securities Exchange Act of 1934, as amended. On the record date of October 28, 2024, a total of 5,131,934 shares of Common Stock and 559 shares of Series B Preferred Stock was outstanding, with each share entitled to cast one vote. At the Annual Meeting, which involves only the election of directors and the ratification of the appointment of the independent registered public accounting firm, after the call to order, it was determined that fewer than the requisite properly executed and valid proxies to establish a quorum had been received prior to the time of the meeting. The Chair of the meeting recessed the Annual Meeting until December 19, 2024, at 10:30 a.m. in order to allow the further solicitation of proxies to hopefully achieve at least a necessary quorum. A quorum is the presence in person or by proxy of stockholders entitled to cast at least 2,566,247 votes. During the recess, management and members of the Board of Directors of the Issuer will attempt to obtain additional proxies covering in number at least the quorum number. -2-

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized. Dated: December 6, 2024 NEW CONCEPT ENERGY, INC. By: /s/ Gene S. Bertcher Gene S. Bertcher, President and Chief Financial Officer -3-