Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

(a) Effective May 21, 2008, a Certificate of Amendment to the Articles of Incorporation became effective which amended Article One of the Articles of Incorporation to read as follows:

"Article One The name of the corporation is New Concept Energy, Inc." With such amendment, the Registrant effectively changed its name from CabelTel International Corporation to New Concept Energy, Inc. The Registrant's change of name and proposed Certificate of Amendment to the Articles of Incorporation was the subject of a Schedule 14C Information Statement filed by the Registrant and distributed to stockholders on April 30, 2008.
With the change of name of the Registrant to New Concept Energy, Inc., there is no change in the outstanding number of shares of capital stock or authorized capitalization of the Registrant. However, the CUSIP number of the Common Stock, par value $0.01 per share has changed to 643611-10-6. There is no need for stockholders to surrender stock certificates to obtain new certificates bearing the new name. As shares are transferred in the future, new certificates bearing the new name will be issued to stockholders upon transfer.
The shares of Common Stock of New Concept Energy, Inc. remain listed and traded on the American Stock Exchange under the symbol "GBR."
Section 9 - Financial Statements and Exhibits Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

The following exhibits are furnished with this Report:

Exhibit Designation Description of Exhibit 3.14* Certificate of Amendment to the Articles of Incorporation effective May 21, 2008 3.15* Certificate of Correction filed May 29, 2008, effective May 21, 2008 99.1* Press Release dated May 21, 2008.

*Furnished herewith.

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