Dear Board, I am invested in a company that recently announced they will begin brokering oil and refinary products. I am new to this business, and am wondering if the PR below sounds like a genuine business venture, or a scam? Could anyone give some insight?
Thank you!
MultiCorp International, Inc Signs Strategic Alliance Agreement With RMS Global Ltd.
COMPANY TO BROKER CRUDE OIL AND OTHER REFINERY PRODUCTS ON LONG TERM CONTRACTS
PR Newswire
SUN VALLEY, Calif., April 8, 2013
SUN VALLEY, Calif., April 8, 2013 /PRNewswire/ -- MultiCorp International, Inc, (OTC Pink: MCIC) has signed a Strategic Alliance Agreement with RMS Global Ltd out of London to further the company's business in Europe in commodities and construction projects.
The company released the following statement,"MultiCorp International, Inc. has signed a Strategic Alliance Agreement with RMS Global Ltd out of London to enable the company to expand our European presence and build a more diversified company. Through this Strategic Alliance with RMS, MultiCorp has been able to secure multiple opportunities in the refinery commodities market," stated Mr. Paul D. Lisenby, CEO of MultiCorp International, Inc.
Mr. Lisenby adds, "The company currently has the following available to sell to potential buyers on a long term basis:
Light Crude Oil
D2 –EN590
JP 54 Jet Fuel
The company is in the process of negotiating a 2 million barrel per month Crude Oil contract for a 5 year period. Our hope is to have this solidified very soon, pending the required paperwork, permits, delivery schedules, bank guarantees, etc that are needed to close this deal. These deals are quite complex in nature and require the purchaser to meet specific guidelines the company has established. MultiCorp is actively looking for companies that are interested in entering into long term contracts for Crude Oil, D2-EN 590, and Jet Fuel, as well as other petroleum products refineries are producing globally. This Strategic Partnership Agreement along with our investment from Future Energy, LLC has really given MultiCorp the opportunity to have a global impact on supplying energy products and solutions that should raise the awareness of MultiCorp 's global strategy."
Any countries or companies interested in securing long term refinery product contracts are encouraged to contact the company at info@multicorpinternational.com to find out availability and pricing.
About MultiCorp International, Inc.
MultiCorp International, Inc is a diverse company that operates in various business sectors that show true growth potential. The company builds on its executives experience in property development, constructions, medical, hospitality, agribusiness, commodities such as oil and gas, and entertainment. MultiCorp currently has several wholly owned subsidiaries such as Rivalz Sports Group, Inc which operates 810 AM WRSO Sports Radio in Orlando, FL www.810wrso.com and JoyFull Genius, Inc., www.joyfullgenius.com. The company is currently developing a 157 acre project in Dawson Creek, BC, Canada that will include a full service truck stop, hotel, motels, restaurants, and light industrial and commercial businesses. The company looks to expand through acquisitions of solid business models and management that have the potential to grow exponentially. The company will have additional subsidiaries that will eventually grow into being their own public entity, be sold, or continue to operate within MultiCorp. For further information please contact them at info@multicorpinternational.com
