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Miami, FL -- (SBWIRE) -- 02/14/2013 --, a leading online financial newsletter source, Reports on the following Companies: Nuvilex, Inc. (OTCQB: NVLX), Universal Bioenergy Inc., (OTCPINK: UBRG), Colorado Goldfields Inc. (OTCQB: CGFI)

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Nuvilex, Inc. (OTCQB: NVLX), an international biotechnology and clinical stage provider of natural products and cell and gene therapy solutions for the treatment of human diseases, announced today that the initial focus of its subsidiary, Medical Marijuana Sciences, Inc., is in the development of cancer treatments based on Delta-9-tetrahydocannabinol (THC) and cannabidiol (CBD), two naturally-occurring cannabinoids found in marijuana (Cannabis sativa). The anticancer effect of cannabinoids was first shown in an animal model of lung cancer in 1975. Interest in the use of cannabinoids for cancer treatment was rekindled in the mid-1990s when the results of a study in animals indicated that THC decreased the incidence of liver cancers in mice and of benign tumors of the mammary glands, uterus, pituitary gland, testis, and pancreas in rats. Cannabinoids have also shown activity in the laboratory against glioma (a brain cancer), lymphoma, pancreatic, skin, breast, thyroid, colorectal, and prostate cancer cells.

Universal Bioenergy Inc., (OTCPINK: UBRG), a publicly traded independent diversified energy company, announced today that NDR Energy Group, its subsidiary, was awarded a contract to supply natural gas to one of the largest natural gas distribution utilities in the country. Under the terms of the contract, NDR Energy Group is to supply the customer with an estimated 20,000 mcf per day, or a total of 560 million cubic feet of natural gas for the month of February. The contract is projected to generate millions of dollars in additional revenue. The gas distribution company supplies and delivers natural gas to over 20 million customers on the west coast. Its parent company, a Fortune 500 company, traded on the New York Stock Exchange, reported revenues of $9.0 billion, including $4.3 billion from natural gas sales and transportation in 2010, in its annual report.

Colorado Goldfields Inc. (OTCQB: CGFI) announces that it has received a Preliminary Technical Report for the Champion Mine Project located in San Juan County, Colorado. The report was prepared in accordance with Canadian National Instrument 43-101 criteria. The Report concludes: "Available data confirm the presence of a 300,800 ton polymetallic resource in the properties constituting the Champion Mine. This resource, when mined and processed through the company's Pride of the West Mill may yield more than 76,000 ounces of gold, 2,430,000 ounces of silver, 31.8 million pounds of lead, 7.9 million pounds of zinc and 7.2 million pounds of copper worth more than $230 million."

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