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Turner Valley Oil & Gas, Inc. (TVOG)

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Last Post: 8/21/2018 4:13:40 PM - Followers: 149 - Board type: Free - Posts Today: 30





Turner Valley Oil & Gas, Inc. 





32709 Sul Ross, Houston, Texas 77098
(713) 588-9453

Stephen C. Helm President / CEO
Investor Relations - Matt Kochendorfer

Social Media Links


Share Structure Per TA 5-24-18

Authorized 500,000,000


Float : 89,952,918  



Company News

Turner Announces First Management Addition Concentrated in Blockchain

Press Release | 05/18/2018




Turner Releases a Letter to Shareholders From CEO Steve Helm

April 10, 2018

As we move forward in 2018, I would personally like to thank shareholders, our employees, and their families for their continued patience as we near completion of the objectives that we have been working so hard to achieve the past three years. Without your loyalty and perseverance we would certainly not be where we are today, and that is on the precipice of finally moving our company forward to become a substantial player within the bitumen and infrastructure markets.

We are very happy today, now more than ever, to report on the progress that has been made in achieving our first set of objectives in building our new company. The infrastructure assets that we are acquiring will be the stepping stones to what we believe will be a fully reporting, senior listed company. While we wait for official press releases and filings giving the exact details of everything that is happening, I can give some updates on key items.


The Company successfully filed its Form 10 with the SEC on January 18, 2018. Shortly thereafter, the SEC appointed an analyst whose responsibility is to review and request edits or supplemental information to the Form 10. This is typical after a registration statement is filed and as a result the Company is pleased to announce significant progress has been made in conjunction with its sponsor investment bank, Network 1 Securities (“Network 1”) and auditors Briggs & Veselka Co. Since this time, the SEC has returned the first comment letter with a number of revisions, edits, etc. As of April 9th, the Company has withdrew its first version of the Form 10 as instructed by the SEC providing a form letter to indicate this next step. Now the Company will resubmit the Form 10 to reflect the comments as well as include audited year end 2017 financials.

“I have worked closely with the SEC throughout this process and am eager to complete the resubmission as prescribed by the SEC’s procedures of the Form 10. Going through this process is a critical next step to advancing the Company. Meanwhile management continues to work closely on the final closing conditions of the transaction irrespective of the Form 10 process,” stated Rick Adams, CFO.



Current management is positioning the Company to expand its upper executive management team with seasoned experts that come with decades of experience within the shipping and bitumen supply chain sectors. New management has indicated that this is an unprecedented time to be able to focus on integration of these sectors while shipping remains at decade lows and bitumen related crude oil prices hold at historical lows as well. As part of this executive team the Company intends to form several committees to focus on acquisitions, business development, and technology deployment such as blockchain into the shipping and supply chain model. To this end, the Company is currently nearing the appointment of a well respected blockchain advisor. We believe this addition will give TVOG a distinct advantage in the bitumen shipping markets over its competitors.


Currently as Chairman, I am eager to introduce my new co-Board of Director members and put in motion this expanded business model that we have all been patiently waiting for. It is my belief that by adding this level of expertise to the Board, not only do we improve our ability to up-list to a senior exchange and attract Wall Street investors to TVOG, but also to formulate a team dynamic focused on bolt-on acquisition and improving the development of new business. This incoming Board will be the lifeblood of our Company, We are looking forward to make new Board announcements shortly.

With the financial backing and business guidance provided by Network 1 Financial, we have been able to take what the condition the Company was in, to soon become an exciting and disruptive company. The initial $25 Million investment plan procured by Network 1 via a Family Office in Dubai has allowed us to initiate the purchase of the first 2 vessels, initiate talks to acquire more Bitumen Shipping Vessels, and begin the process of acquiring other infrastructure assets.

Now that those initial parameters of the deal are in place, for the rest of 2018 we can start to look forward to seeing what exactly this infrastructure deal is really all about. The nuts and bolts of the deal so to speak. This is what I am truly excited about sharing with all of you in the near term.


Turner Completes Form 10 Submission To SEC Obtaining Registered Reporting Status

Press Release | 02/28/2018


Turner Valley Oil and Gas, Inc. (the "Company") (OTC:TVOG), pending name change to PrimeStar Bitumen, Inc., is pleased to announce that the Company has completed audit of financials for past 3 years and submitted Form 10 to the SEC obtaining Registered Reporting Status preparing for final transfer of Bitumen Supply Chain assets and appointment of new board of directors.

"We are very pleased to see the Company finalize this critical step to meeting the closing conditions of the Purchase And Sale Agreement previously executed with the Dubai Family Office and associated Preferred Stock Offering. Vessel assets and capital under the Agreements can now move to be transferred and escrow released," said Adam Pashok, Investment Banker, Network 1 Securities, Inc.

Finishing the audit and Form 10 will immediately allow the Company to submit application to uplist to the OTCQB, and will make for a much smoother transition for when the company uplists to a higher exchange in the near future. The Form 10 Registration Statement is a registration statement used to register a class of securities pursuant to Section 12(g) of the Securities Exchange Act of 1934 ("Exchange Act").  Although the company has been voluntarily submitting many of the necessary documents for over a year while under no obligation to do so, the company will now be subject to the reporting requirements of the Exchange Act. That is, PrimeStar must file annual reports on Form 10-K, quarterly reports on Form 10-Q, and periodic reports on Form 8-K. In addition, the Company will be subject to the proxy rules in Section 14 of the Exchange Act, and ownership rules and reporting requirements in Sections 13 and 16 of the Exchange Act.

"While the company audit and Form 10 registration took longer than anticipated, we feel it will have been worth the wait as it gives PrimeStar total transparency in the eyes of the investment community," stated Rick Adams, CFO. "This will allow the company a greater investor reach as it continues the uplist process to the NASDAQ or NYSE."

As previously announced on November 27th, the Company has been approved for submission to the NASDAQ reporting system. As a result and from this point forward, the required 8k, 10K, Form 10, and related disclosures will be submitted using this method. Already, the Company has successfully submitted its 8K and Transaction Closing disclosure announcement.


Turner Submits Completed Form 10 With Audited Financials For Review; Filing Pending

January 18, 2018


HOUSTON, Texas – January 18, 2018 – Website Announcement – Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change to PrimeStar Bitumen, Inc., is pleased to announce that the Company has submitted final draft of Form 10 with audited financials to auditor for review.

As of this week, CFO Rick Adams confirmed the auditor has been paid for their review and it is expected to get an auditor approved version of the Form 10 shortly, for submission to the NASDAQ SEC Filing system. Upon submission the Company becomes a fully audited, SEC reporting Company and will qualify for the OTCQB standards. Following this step, the Company will complete the appointment of the new Board of Directors, release vessel details and shipping contract (s) highlights.

As previously announced on November 27th, the Company has been approved for submission to the NASDAQ reporting system. As a result and from this point forward, the required 8k, 10K, Form 10, and related disclosures will be submitted using this method. Already, the Company has successfully submitted its 8K and Transaction Closing disclosure announcement.

NASDAQ Material Disclosure Link:

NASDAQ Insider Disclosures Link:

Transaction Closing 8K Link:  FilingID=12422095



The newly expanded Company will focus on all segments of the bitumen industry, including real assets, energy, infrastructure, and the supply chain. Turner has agreed to amend its previous name change plans to reflect the new business model moving forward. As a result, a proposed name change for shareholder approval to PrimeStar Bitumen, Inc is forthcoming. A ticker symbol change will also initiate once the name change is approved by FINRA.


Upon completion of the transfer of committed assets and capital, Turner expects to expand its Board of Directors by appointing several new members in addition to current board member and Turner CEO, Steve Helm. Furthermore, new management, with decades of shipping experience, are expected to join the Board Of Directors. Included in this transition will be a new CEO, administration, and the current Chairman of the family office will take on the same title at the new company.

“I am very pleased to see several quarters of hard work come to a successful fruition and I am excited to support the transition of the Company by expanding the management team and executing the extended business model,” stated CEO Steve Helm.


Mergers & Acquisitions

In a prior announcement on August 10th, 2017 Turner outlined its acquisition plans over the next Two (2) years, which includes a plan to integrate into the supply chain by utilizing a build & bolt-on model within the real assets, energy, infrastructure, bitumen, and asphalt segments. Steps are already underway and more details will be issued in coming press releases.


Pro-forma Projections

In a prior announcement on June 8th, 2017, Turner released expectations to fully operate an initial fleet of five (5) Bitumen tanker vessels once acquired. Further expansion is planned once the initial fleet is acquired, which could result in adjustment the Company’s prior initial guidance. Details are forthcoming.


Closing Conditions

Following this initial closing announcement, subsequent events will include Turner filing a Form 10, which includes 10 K and 8 K filings with the SEC. This will meet all registered and fully reporting standards and a result, Turner will meet the qualifications needed for it to be an OTCQB, fully filing company. These are important steps, that in addition to Tuner’s recent Nasdaq system registration, will aid in Turner’s plan to uplist to a higher exchange. In addition, closing conditions include transfer of shipping vessels, release of escrowed funds, appointment of a new Board of directors and management, name change, and an updated corporate website.


Turner Obtains NASDAQ System Approvals: Cleared For Public Disclosures

November 27, 2017


HOUSTON, Texas – November 27, 2017 – Website Announcement – Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change to reflect acquisition, is pleased to announce that the Company has been diligently advancing next steps to submit necessary filings, public disclosures and news distribution with NASDAQ. It is pleased to confirm that the required status has been obtained for submission to the NASDAQ system.

The NASDAQ system is the first step to submitting filings; 8K, 10K, Form 10 and related disclosures as previously detailed in the prior site announcement on November 20, 2017. Now with NASDAQ system approved, Turner can now meet disclosure requirements mandated by regulatory agencies, by submitting each item, in order to complete first; the minimum OTCQB status and then next steps to meet the NASDAQ listing requirements. The Company is now completing the disclosure filing first then the press announcement will follow.

“This is an exciting step as we transition Turner to becoming an international bitumen and asphalt supply chain company. Management and its banking partner are pleased to establish this relationship with NASDAQ and continue to improve Turner’s status as a fully transparent company, stated CEO Steve Helm.

NASDAQ is a trusted market leader and has built a financial community of world-renowned industry innovators and visionaries – Apple, Facebook, Amazon, Amgen, Virtu, Starbucks, eBay and Alphabet. This community of companies also includes $1 Trillion in market value transfers since 2005.




Turner Initiates Audits To Close Acquisitions And Uplist To OTCQB With Engagement Of Firm Briggs & Veselka Co. $TVOG

Feb. 15, 2017


HOUSTON, Feb. 15, 2017 /Website Release/ — Turner Valley Oil and Gas, Inc. (the “Company”) (OTC:TVOG), pending name change to Turner Venture Group, Inc., is pleased to announce it has engaged the independent auditing firm Briggs & Veselka Co. as its new certifying accountant, effective immediately as per Turner’s SEC Filing 8K yesterday.

Turner reached its decision to engage Briggs & Veselka Co. after a thorough evaluation by the Company’s Advisory Board and with the concurrence of the Company’s Chief Executive Officer. This is a critical next step to completing the acquisition that is already being structured with Turner’s investment banking partner soon to be released in subsequent announcements. Briggs & Veselka Co. will audit the Company’s financial statements for the past two years, an ongoing basis, and support completion of required SEC filings necessary for uplist to the OTCQB marketplace tier.

Steve Helm, CEO commented; “Turner looks forward to a long and mutually beneficial relationship with Briggs & Veselka which has a solid reputation for assisting in the development of strong public companies.” Mr. Helm further commented; “Briggs & Veselka Co. is located in close proximity to Turner Venture Group’s corporate headquarters which should help streamline communication and timely completion of required audits.”

The Company reiterates the guidance previously provided in its press release issued January 18, 2017 that it fully expects to make acquisition announcements in the very near future. The Company has executed its plan through initiating necessary SEC filings, and now is working aggressively to produce results and complete the first acquisition as planned. Updates will be announced to shareholders as they become available.

About Briggs & Veselka Co.

Briggs & Veselka Co. ( is a full service CPA firm offering tax, audit, business valuations, and various financial consulting services. Briggs & Veselka is one of the ten (10) largest public accounting firms in Houston. The firm has been recognized with many awards, such as Accounting Today’s Best Accounting Firms to Work for in 2008, Houston Business Journal’s Best Places to Work in 2007, 2008, 2009 & 2011, and 2013 as well as, the Houston Chronicle’s Top Work Places in 2010, 2011 and 2012. Briggs & Veselka has doubled in size over the past 3 years and continues to attract the top talent in the marketplace by offering individuals work/life balance in their career.


List of Turner’s Key Accomplishments to Date

Next Steps





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TVOG News: Turner Announces Completion of Acquisition Agreement with US-Based Asphalt Services and Supply Chain Company (Current EBITDA... 08/20/2018 09:00:00 AM
TVOG News: Current Report Filing (8-k) 08/17/2018 03:48:51 PM
TVOG News: Turner Appoints Patrick Devereaux To Blockchain Management Team 05/29/2018 09:30:00 AM
TVOG News: Current Report Filing (8-k) 05/25/2018 05:11:56 PM
TVOG News: Amended Current Report Filing (8-k/a) 05/18/2018 09:55:14 AM
PlusOneCoin Top Posts
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#9565  Sticky Note Turner Announces Completion of Acquisition Agreement with US-Based NephewRR 08/17/18 03:54:15 PM
#9347  Sticky Note The New $TVOG address is part of the SunshineSmiles 07/26/18 12:34:10 PM
#9124  Sticky Note New PR out on the PrimeStar Bitumen Inc website. SunshineSmiles 07/06/18 08:02:23 PM
#7867  Sticky Note $TVOG is pleased to announced final stages of goforthebet 04/02/18 09:25:47 AM
#3262  Sticky Note Important links for TVOG related info. Threeflight 06/08/17 01:36:32 PM
#9768   I agree think we are poised for a BRATTLECAM 08/21/18 04:13:40 PM
#9767   I feel ya...Does appear to me, that after floridaboy 08/21/18 03:36:21 PM
#9766   Would like to see a power pump before Kid-Gloves 08/21/18 03:32:52 PM
#9765   Accumulation continues on selling...Craziness though floridaboy 08/21/18 03:10:06 PM
#9764   Folks selling TVOG at a loss today after littlejohn 08/21/18 02:56:13 PM
#9763   TVOG GREEN appears to be poised for BRATTLECAM 08/21/18 02:31:53 PM
#9762   At this rate, if TVOG comes out with bargainhunter65 08/21/18 02:10:12 PM
#9761   GREEN!!!! BRATTLECAM 08/21/18 02:04:38 PM
#9760   We need a followup pr and quickly Kid-Gloves 08/21/18 12:30:04 PM
#9759   It was. Normally any other stoc would have Kid-Gloves 08/21/18 12:29:42 PM
#9758   I thought that was a great PR. Surprised 46er 08/21/18 12:10:17 PM
#9757   TVOG//Nice Buys.. BRATTLECAM 08/21/18 11:12:23 AM
#9756   stepping up nice Crystalballz 08/21/18 10:52:31 AM
#9755   The CEO is completely dedicated to the success sopmodman 08/21/18 10:15:19 AM
#9754   CEO and CFO are paid in Restricted Shares littlejohn 08/21/18 09:19:43 AM
#9753   That would be cool...Sustainable growth, synergy with other floridaboy 08/21/18 08:26:24 AM
#9752   thought it was skyline drawing...nope, chart...LJ littlejohn 08/21/18 08:23:56 AM
#9751   Hopefully we break .02 today and lock out Kid-Gloves 08/21/18 08:22:39 AM
#9750   Exposure is good @ TVOG. Acquisition was nice, floridaboy 08/21/18 08:21:49 AM
#9749   Climbing up the bbs Kid-Gloves 08/21/18 08:20:37 AM
#9748   Right on, ditto... floridaboy 08/21/18 08:17:06 AM
#9747   Here's to hoping to a better day Kid-Gloves 08/21/18 08:16:00 AM
#9746   That it does, interesting... floridaboy 08/21/18 08:13:49 AM
#9745   s/s crouching Tiger...I like it!!TVOG/BIG TUEDAY GREEN.. BRATTLECAM 08/21/18 08:09:33 AM
#9744   $TVOG Chart shows a crouching tiger, hidden dragon. SunshineSmiles 08/21/18 07:40:44 AM
#9743   22 on BOB..lots of eyeballs on this..BTW read BRATTLECAM 08/21/18 07:11:08 AM
#9742   Right on... floridaboy 08/21/18 07:00:24 AM
#9741   It's hard to dodge all the potholes...LJ littlejohn 08/21/18 06:57:41 AM
#9740   Publicly traded, shareholders participation and patience required, as floridaboy 08/21/18 06:49:01 AM
#9739   Yep, Monday was flaky trader day to littlejohn 08/21/18 01:08:45 AM
#9738   Would think so with this small float and lukin4winners 08/20/18 08:57:06 PM
#9737   Today was Catfish Day for Buyers and Sellers Bennie and The Jets 08/20/18 07:51:57 PM
#9736   E..Thats a extraordinary amount of Shareholders...This is wrapped BRATTLECAM 08/20/18 07:46:50 PM
#9735   Small others, 17 th on BOB lots BRATTLECAM 08/20/18 07:37:36 PM
#9734   Thanks E...appears from the O/S increase..The Note Holders BRATTLECAM 08/20/18 07:10:56 PM
#9733   C/M what we have here is a reinforced BRATTLECAM 08/20/18 07:08:11 PM
#9732   From their filings: e-ore 08/20/18 07:06:40 PM
#9731   Like the key reversal of the 20 day BRATTLECAM 08/20/18 06:56:57 PM
#9730   Nice post, very low risk at this point the third leg 08/20/18 06:53:34 PM
#9729   Shares are restricted 6-mnths-1year...and if not, long term BRATTLECAM 08/20/18 06:38:03 PM
#9728   Looking very interesting imo at these levels with the third leg 08/20/18 06:23:46 PM
#9727   Average volume is 532,141 over the last 60 e-ore 08/20/18 06:09:57 PM
#9726   Gotta be getting to the end of it floridaboy 08/20/18 06:05:40 PM
#9725   Not sure how many of these are left e-ore 08/20/18 06:04:16 PM
#9724   For whatever reason TVOG has always done better Threeflight 08/20/18 05:36:54 PM
#9723   Today was funky man, unexpected... floridaboy 08/20/18 05:18:54 PM
#9722   Black Monday for asphalt services company, TVOG... littlejohn 08/20/18 04:57:00 PM
#9721   There are 4 others excluding the CEO..see if BRATTLECAM 08/20/18 04:44:33 PM
#9720   That it is... floridaboy 08/20/18 04:34:16 PM
#9719   Nice bundle of shares with such a low float...TVOG/GREEN BRATTLECAM 08/20/18 04:33:16 PM