InvestorsHub Logo
Followers 538
Posts 30691
Boards Moderated 2
Alias Born 12/22/2006

Re: Threeflight post# 6411

Wednesday, 07/27/2016 10:52:24 AM

Wednesday, July 27, 2016 10:52:24 AM

Post# of 7596
TVOG M&A-progress made per the update on website today. 80 M OS and 55 M float. Market cap is only about $1 Million. Bringing in companies doing $10s of millions in revs. With the low OS and float this has "blue sky potential" written all over it.

Turner Valley Oil and Gas (pending name change to Turner Venture Group) Announces Engagement Of Registered Agent, CFO Search Update, and New Website Launch
Jul 27, 2016
Houston, Texas – July 27 2016 – Turner Valley Oil and Gas, Inc. (pending name change to Turner Venture Group, Inc.) (OTC:TVOG) (“Turner,” “TVOG” or “the Company”) is pleased to announce that as part of it corporate changes to prepare for mergers and acquisition (M&A) plans including the approval of the name change, preferred stock creation and authorized share increase it has engaged and retained a new Registered Agent in the State of Nevada, advanced appointment of CFO and new corporate website.
To complete the name change the company must submit changes to the registered agent, the Nevada Secretary Of State, FINRA, OTC Markets and CUSIP which is being executed in a timely manner and the Company hopes to complete the steps promptly.

The new registered agent is as follows:
Incorp Services, Inc.
3773 Howard Hughes Pkwy, Suite 500S
Las Vegas, NV 89169-6014

Turner has interviewed several prospective CFO candidates and is making progress toward vetting those candidates and making a final hiring decision. This is an important hire for Turner, as the CFO will be instrumental in helping to guide TVOG through the final stages of the M&A process, crafting the final Purchase and Sale Agreements (PSA), as well as assisting in the audit process required to uplist TVOG to the OTCQB. The new CFO will also be vital in preparing pre-money financial models to present to investors as the company looks to raise growth and acquisition capital to help facility their immediate M&A plans.
Turner has launched their new website TurnerVentureGroup.com. The old website, TurnerValleyOilAndGas.com now automatically forwards to the new site. More information will be provided in the future on this new website as agreements get signed and the M&A process progresses.
Management wants to thank our stockholders and investors for their patience during this transitional time for the Company. Bringing multiple companies together to form new business entities can sometimes take a while to complete. The Company has advanced stage ongoing M&A discussions that are proceeding in a thoughtful and orderly manner and Turner is pleased at the progress that continues to be made. New Letters Of Intent (LOI) and Purchase and Sale Agreements (PSA) are in process and will be disclosed via OTC Markets filings, Turner’s corporate website and via press announcements in the near term.

About Turner Venture Group, Inc.
Turner Valley Oil and Gas, Inc. (pending name change to Turner Venture Group, Inc.) (OTC:TVOG) is a holding company based out of Houston, Texas, with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as merger & acquisition candidates where cash flow can be improved through its buy, build & bolt-on model. The Company is focused on sectors including but not limited to franchising, real estate, construction, technology, environmental, energy, beverage, food service, distribution, entertainment and various other business platforms.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
OTC Markets Profile: http://www.otcmarkets.com/stock/TVOG/profile
Full Disclaimer here: http://turnerventuregroup.com/disclaimer/
Contacts:
Steve Helm, CEO
Turner Venture Group, Inc.
Address: 3270 Sul Ross | Houston, TX 77098
http://TurnerVentureGroup.com
IR@TurnerVentureGroup.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.