News for ' AGYP ' - (Allied Energy Corporation Regrets to Inform Shareholders About the Untimely Death of its Chief Financial Officer, Mr. Leslie James Porter)
NEW YORK, May 15, 2008 /PRNewswire-FirstCall via COMTEX/ -- Allied Energy
Corporation (Pink Sheets: AGYP) with deep regret reports the untimely death of
its Chief Financial Officer Leslie James Porter. Mr. Porter had previously
served as the Company's sole officer and director until January 2008. At that
point he was repositioned as the Company's President and Chief Financial Officer
and in that capacity he had focused his energy on completing a comprehensive
audit and improving the listing of the Company's shares to the Over the Counter
Bulletin Board ("OTCBB"). The cause of death was a medical condition that had
not been foreseen up to that point. As of today's date the Company's Chief
Executive Officer, Mr. Seth M. Shaw, will temporarily assume the
responsibilities previously assumed by the late Mr. Porter.
Allied Energy Corporation CEO, Seth Shaw, commented, "The death of Mr. Porter
was a terrible shock to all of us at the Company and our thoughts and prayers
are with his family. He was a young man and I had successfully worked with him
in the past to create shareholder value. I will do my best to continue the
progress that was m ade by Mr. Porter's hard work. The Company will update
shareholders on business related progress as soon as practicable."
About Allied Energy Corporation:
Allied Energy Corporation is a publicly traded company actively seeking a
potential acquisition target within the natural resources sector.
For more information please contact:
Mr. Seth M. Shaw
Chief Executive Officer
Tel. +1-(917) 796 9926
SOURCE Allied Energy Corporation
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