First Colombia Gold Corp (FCGD)

[tdbowieknife]

News....

First Colombia Gold Corp. Unwinds Its Acquisition of Singa Energy Solutions

NASHVILLE, TN -- (Marketwired) – July 20, 2016 -- First Colombia Gold Corp. (OTC PINK: FCGD) (“First Colombia” or “The Company”) has made the decision to unwind its purchase and sell agreement with Singa Energy Solutions. The company stated that after detailed discussions with Alexander Misra of Singa Energy Solutions over the past couple of weeks, the companies agreed to part ways and pursue their separate goals and aspirations. “After working together for many months with a Joint Venture and then pursuing the integration of our companies for the past several months, it became apparent that Singa Energy’s heart was in power plant development and First Colombia was aggressively developing its fuel distribution business and continuing to pursue the acquisition of convenience store, retail fuel outlets and that was just creating competing interests,” stated Jason Castenir, CEO of First Colombia Gold Corp. “We truly wish Singa well and know they will be successful in their future endeavors.”

The Company did give an upbeat forecast on the future of the fuel distribution and is targeting very ambitious revenue goals for the third and fourth quarters of the year. “Last quarter we had revenues in excess of two hundred thousand dollars. We are hoping to double that as we close out the year,” stated Mr. Castenir. “We feel like we have several markets where we are poised to make great strides and really begin capturing substantial market share. We think our shareholders will be very excited to see our next filing as well as see what we have in store for the rest of the year.”

ole Jason had better have something to back these claims up with... The SEC is watching.

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Buyer Beware
Red Flags Galore...
Jason Castenir scam



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