Tuesday, August 11, 2015 9:30:30 AM
Aug 11, 2015
OTC Disclosure & News Service
Reno, NV -
Eagle Oil Holding Company's CEO Pablo L. Nieto, Jr. states,”In order to clean up our Balance Sheet we have brought all the off-balance sheet items forward and identified any loose ends and brought them forward too. We are taking the hit this year because we expect our performance in the coming year to positively impact our bottom line. In particular, we are continuing our plan to monetize the numerous MOUs and LOIs obtained by Pure Mobility International Inc. These will be accretive to the $14MM of annual revenue we expect from Turks & Caicos, $30MM from the Bahamas and $30MM+ from Guinea. In support of these plans, we have been working closely with venture capitalists, and investment bankers and expect to close soon on significant funding from these and other sources that will enable us to deliver on these contracts around the world. In their white paper, TBR, Inc. recognized that we have market leading technology and a well-defined business plan for achieving significant market penetration and revenue yield.”
http://www.otcmarkets.com/stock/EGOH/news/Eagle-Oil-Holding-Company-Inc-%E2%80%99s--EGOH-OTC--CEO-Discusses-The-Release--of-the-2015-Year-End-Report-?id=111794
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