Palisades Petroleum (PAPT: Pinksheets) Announces the Acquisition of Two Subsidiaries of Durst Fund LLC in Addition to a Minority Position in Avia Airlines
Securities news on - 11-21-2011
| 9:19 AM |
BALTIMORE, MD--(Marketwire - Nov 21, 2011) - Palisades Petroleum (PINKSHEETS: PAPT) is pleased to announce that it has acquired two subsidiaries of Durst Fund LLC that have a combined net worth of over $50 million and net income from last year of over $20 million. Please see our website, www.palisades-petroleum.com, for our financial statements and to read our disclaimer. The two subsidiaries are involved in Cocoa trading and the Automobile industry.
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