New Concept Energy Files 8-K on Shareholder Vote Matters
Ticker: GBR · Form: 8-K · Filed: 2025-01-03T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, shareholder-vote, corporate-governance
TL;DR
NCE filed an 8-K for shareholder vote matters covering late 2024.
AI Summary
New Concept Energy, Inc. filed an 8-K report detailing a submission of matters to a vote of security holders. The report covers events from December 4 through December 31, 2024, and was filed on January 3, 2025. The company, formerly known as CabelTel International Corp, operates in the Crude Petroleum & Natural Gas sector.
Why It Matters
This filing indicates that important decisions requiring shareholder approval were made or are being presented, which could impact the company's future direction and operations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of matters submitted for a shareholder vote, not indicating any immediate financial distress or significant operational change.
Key Numbers
- 20241231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
- 20250103 — Filing Date (The date the 8-K report was officially submitted to the SEC.)
Key Players & Entities
- New Concept Energy, Inc. (company) — Registrant
- CabelTel International Corp (company) — Former company name
- GREENBRIAR CORP (company) — Former company name
- MEDICAL RESOURCE COMPANIES OF AMERICA (company) — Former company name
- 1603 LBJ Freeway, Suite 300 Dallas, Texas 75234 (location) — Principal executive office address
FAQ
What specific matters were submitted to a vote of security holders?
The filing states it is a 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals in the provided text.
What is the primary business of New Concept Energy, Inc.?
New Concept Energy, Inc. is in the Crude Petroleum & Natural Gas industry, with SIC code 1311.
When did the company change its name from CabelTel International Corp?
The name change from CabelTel International Corp occurred on February 11, 2005.
In which state is New Concept Energy, Inc. incorporated?
New Concept Energy, Inc. is incorporated in Nevada.
What period does the earliest event reported in this 8-K cover?
The earliest event reported in this 8-K covers the period from December 4 through December 31, 2024.
Filing Stats: 794 words · 3 min read · ~3 pages · Grade level 9 · Accepted 2025-01-03 12:49:44
Key Financial Figures
- $0.01 — ch Registered Common Stock, par value $0.01 GBR NYSE American Indicate by chec
Filing Documents
- z122508k.htm (8-K) — 38KB
- 0001214659-25-000094.txt ( ) — 208KB
- gbr-20241231.xsd (EX-101.SCH) — 3KB
- gbr-20241231_lab.xml (EX-101.LAB) — 33KB
- gbr-20241231_pre.xml (EX-101.PRE) — 22KB
- z122508k_htm.xml (XML) — 4KB
07. Submission of Matters
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. (" Company " or the " Registrant ") was called to be held, following a solicitation of proxies, pursuant to a Notice of Annual Meeting and related Proxy Statement, dated October 29, 2024, distributed in accordance with the requirements of Regulation 14A under the Securities Exchange Act. 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. Such meeting was recessed to December 16, 2024 at the same time, but on such date the meeting was again recessed to December 31 2024 at 10:30 A.M. At the meeting on December 31, 2024, proxies representing at least 4,587,988 shares (89.4% of the outstanding) appeared and were cast, thereby establishing a quorum present in person or by proxy. It was noted that, of the 5,131,934 shares of Common Stock at least, 1,417,583 shares (27.62%) are held in DTC/CEDE accounts. At the Annual Meeting, which involved the election of directors, the following named persons received the number of votes for, against or withheld, as well as the number of abstentions (broker non-votes were not reported): Name No. of Votes For Of Shares Voted, % For No. of Votes Withheld No. of Votes Abstained Broker Non- Votes Gene S. Bertcher 2,114,469 41.20 % 161,102 -0- -0- Richard W. Humphrey 2,125,991 41.43 % 149,580 -0- -0- Dan Locklear 2,078,441 40.50 % 197,130 -0- -0- Cecelia Maynard 2,069,409 40.32 % 206,162 -0- -0- Raymond D. Roberts, Sr. 2,177,847 42.44 % 97,724 -0- -0- All of the nominees named above, each of whom is currently a director of the Company at such recessed Annual Meeting. The second matter presented at the Annual Meeting was the ratification of the appointment of Turner Stone & Company LLP as the independent regis
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 31, 2024 NEW CONCEPT ENERGY, INC. By: /s/ Gene S. Bertcher Gene S. Bertcher, President, Chief Executive and Financial Officer 3