Fri, 15 Jun 2012 11:19:00 CDT
Universal Bioenergy Inc. (OTCMarkets:UBRG), a publicly traded independent diversified energy company, that markets natural gas, propane, and produces petroleum and coal, has begun selling commercial coal from the Whitesburg Friday Branch Mine in Whitesburg, Kentucky and is expected to begin generating cash flow. The Company forecasts the sales of coal should generate an estimated average of $52.80 million in revenues and an estimated $5 million to $8 million in earnings annually.
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