Those who plot the destruction of others often fall themselves. [Lat., Saepe intereunt aliis meditantes necem.]
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$POIL could test the.40 range today !!
$POIL has plenty of DD to sort thru, and news pushed it green today. Definite money maker !
$POIL doing well off news today !
$POIL going to have a big afternoon, up 3% after a big dip !
$POIL chart looks like this wants to run !!
$POIL buying stepped up !! GREEN !!
POIL coming back strong !
PLPL moving back up, some nice buys !
FBCD still a monster play !
Fbc Holding, Inc. (P (FBCD) up 12.36% !!
Volume: 55,517,512
$POIL, get it while it's at this price...easy money coming !
$PLPL in a position to move big again, add or gain a starter position, it's a money maker !
$PLPL in a loading zone, nice dip will bring some nice coin !!
Exactly! PLPL is still a money machine...!
$POIL watch the afternoon run !! going to be big !
$PLPL, look for the bounce !
$POIL settling down after some small shakes ! look for this to pick up soon !
$POIL retracing, setting up for a run ???
$POIL. nice time to enter or add !!
POIL holding steady...hopefully this will pick up !!
PLPL will bounce again as it has for the last 3 weeks!!
$POIL on a mission today !! get in early !
$POIL quick gains first thing !
$POIL nice volume, bid support strong, up 7% !
$POIL up 7% at the open !!
POIL green again !!
Charges dropped in stock manipulation case
Federal prosecutors dismiss charges against Sherman Mazur and eight others after concluding that wiretap evidence was inadmissible.
By Stuart Pfeifer
March 25, 2014, 8:58 p.m.
http://www.latimes.com/business/la-fi-fraud-dismissal-20140326%2c0%2c3849413.story#axzz2x76nLB8P
Federal prosecutors in Los Angeles dismissed criminal charges against nine people in a $30-million stock-manipulation case after concluding that misstatements in obtaining court approval for key wiretap recordings made the evidence unusable at trial.
The dismissals were an embarrassing setback for prosecutors who were bursting with pride last year when they announced the indictments, the result of a three-year investigation.
U.S. Atty. Andre Birotte Jr. said investigators had relied heavily on wiretap evidence, which is rarely used in white-collar cases.
On Tuesday, prosecutors moved to dismiss the charges against Sherman Mazur and eight other defendants, concluding that the wiretap evidence was not admissible because of "omissions and misstatements" in an application to record the suspects' telephone calls.
It is extremely rare for a criminal case to break down because of problems with a wiretap application, said Loyola Law School professor Laurie Levenson, a former federal prosecutor.
She praised prosecutors for dismissing the case once the misstatements in the application were discovered.
"It doesn't mean that somebody intentionally lied, but they lost confidence in their investigators, and they lost confidence in their case," Levenson said.
The defendants were accused of heavily promoting worthless stocks, which they later sold for huge profits to more than 20,000 investors worldwide through a so-called pump-and-dump scheme.
Birotte had described Mazur as "a serial market manipulator" and said the scheme hurt "innocent victims who were looking at the market, seeing high-volume trading and thinking, 'This will be a good investment.'"
Mazur was convicted in 1993 of bankruptcy fraud and tax evasion and sentenced to six years in prison.
Mazur and his codefendants challenged the wiretap evidence, saying the government misstated the necessity for the recordings. Because the interception of telephone calls is a significant privacy intrusion, wiretaps are permitted only when all other investigative methods have been exhausted.
Mazur's attorney, Marc S. Harris, said an FBI agent told a judge that no reliable informants were available to provide information about the scheme, even though someone with knowledge of the scheme — a suspect — had cooperated with the prosecution in an earlier case.
"The key legal term was necessity, that the wiretap was a necessity," Harris said. "They failed to meet the necessity element, and they withheld information from the judge that could have been important in her assessment."
Thom Mrozek, a spokesman for the U.S. attorney's office in Los Angeles, declined to comment.
In its dismissal motion, the prosecutors said "any omissions and misstatements in the wiretap affidavits were neither material nor made with reckless disregard for the truth."
"The government's failure to earlier learn of this new information and the resulting shortcomings in the wiretap affidavits, when considered cumulatively, have led the government to determine it will no longer seek to rely on evidence gathered through the wiretaps," Assistant U.S. Atty. Robert E. Dugdale, chief of the criminal division, said in the dismissal motion.
"Without this wiretap evidence, the government does not believe that sufficient evidence exists at this time to support a conviction against the charged defendants in this matter."
Harris said this was not a mere technicality.
"The government chose to use a highly invasive law enforcement technique, one that the law dictates may only be used in extraordinary circumstances," he said.
"Not only were those circumstances not present here, but it appeared that the government deliberately withheld critical information from the issuing judge in the process of obtaining the wiretap," Harris said.
"The only meaningful sanction against such government overreaching is exclusion of the evidence and, if appropriate, dismissal of the case," he said.
A separate case involving some of the same defendants is pending. Prosecutors said they have not decided whether to proceed with that case.
stuart.pfeifer@latimes.com
http://www.latimes.com/business/la-fi-fraud-dismissal-20140326%2c0%2c3849413.story#axzz2x76nLB8P
US over-counter trading tightens reporting, other standards
NEW YORK, March 26 Wed Mar 26, 2014 4:15pm EDT
http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN13N20140326
NEW YORK, March 26 (Reuters) - OTC Markets, the operator of three U.S. over-the-counter equity markets, is rolling out tighter reporting standards and eligibility requirements for its venture-stage market to crack down on stock scams and bolster transparency, the company said on Wednesday.
On May 1 for its OTCQB market, OTC Markets will introduce a new minimum one-cent bid price requirement and will require the company's chief executive or chief financial officer to certify that its reporting obligations are current and that disclosures about shareholdings, officers and corporate profile are correct.
The bid requirement, in which stocks must have been quoted for at least 1 cent daily over a 30-day period or be dropped from the market, aims to ferret out companies that fall prey to dilutive stock fraud schemes and promotions, OTC Markets said.
OTC Markets also will charge a one-time $2,500 fee for new applicants and an annual $10,000 fee for companies trading on its markets.
Foreign companies that are listed on a qualified stock exchange and are current in their U.S. reporting obligations will be allowed to trade on OTCQB, OTC Markets' middle-tier marketplace. In the past, they traded on the lowest "pink" tier.
On Tuesday, the two most actively traded stocks on OTC Markets on Tuesday were French dairy products maker Danone SA and Swiss pharmaceuticals Roche Holding AG .
Trading volume on OTC Markets was 20.1 billion shares on Tuesday, about three times that of all U.S. stock exchanges and other trading venues. But the value traded, $1.4 billion, paled in comparison with the $263.4 billion executed on the other exchanges and venues, data from BATS Global Markets showed. (Reporting by Herbert Lash)
http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN13N20140326
You ARE aware that PLPL has gone from .41 to over $3.00, right? Every stock on the boards is getting "pumped" everytime someone posts, lol. Play the swings and make money like the rest of us, or burn like shorty is going to today !!
$POIL another money play !!
$PLPL get in it today, gonna be a money maker !
$POIL todays news !
Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
$POIL News Out this am ! :
Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
$POIL NEWS ! Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
$POIL NEWS OUT !! Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
Pacific Oil Company Enters Into Negotiations to Acquire Technology Driven Products and Services Company
LAS VEGAS,NV--(Marketwired - Mar 27, 2014) - Pacific Oil Company ("Pacific Oil") (OTC: POIL), is pleased to announce that has entered into negotiations to acquire a private US company which holds the distribution rights to Patent Pending products and service applications, utilizing ground breaking Nano Technology.
Ed Loven, Vice president of Pacific Oil, said, "Nano Tech West Inc. holds the distribution rights to new technology that has the potential to be a game changer in the oil industry, with respect to how we as companies, mitigate a multitude of environmental risk. Our relationship with the company started out with curiosity, progressed to acquiring a licensing agreement and now is at the point where on the surface it has begun to make good business sense to purchase the company outright."
Pacific Oil would like to assure its shareholders that before the acquisition is finalized the company will have Nano Tech West's cutting edge technology both field tested and rigorously vetted by an independent 3rd party, which specializes in the field of Nano Technology.
About Nano Tech West Inc.,
Nano Tech West Inc. is the exclusive distributor of NanoSand (Patent pending) in the Western Hemisphere and seeks to work with qualified end users directly and through strategic Joint Venture relationships. Nano Tech West, Inc., has launched operations in Canada and has made strong in roads in initially servicing oil and gas sectors and has significant expansion potential in a variety of other industries, including the mining sector.
Nano Tech West Inc. is a company dedicated to the advancement of operational efficiencies of resource companies and environmental standards using leading edge technologies. NanoSand (Patent Pending) is the flagship offering that is a highly effective technology that acts as the foundation for achieving these goals.
Nano Tech West, Inc., was created to further the European research and development initiatives that span over a decade of work in the nanotechnology arena, rigorous testing protocol and backstopped with third party testing and confirmation.
About Pacific Oil Company:
A Nevada based corporation, Pacific Oil Company is a dynamic junior energy company with both established assets and production within the energy rich province of Saskatchewan Canada.
The company continues to add value and set the stage for rapid success through low risk acquisitions and organic growth achieved through further development of existing properties. Pacific Oil fully understands that a balance must be struck between short term profitability, increasing net asset value and the long term growth that rewards early shareholder.
Pacific Oil operates under the notion that operational efficiency achieved through the minimization of administrative overhead is of the upmost importance if costs are to be kept under control and profits maximized for investors. All capital expenditures must provide value and risk control must be present at all times.
Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although management believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the company's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission
CONTACT:
Pacific Oil Company
Ed Loven
1 888 303 2272
ir@poil.us
10120 W. Flamingo Rd., #4 - 240
Las Vegas, NV 89147
USA
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