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EGOH - Important News, Future Plans & Funding

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See the iBox for complete info.

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FUNDING & FUTURE PLANS:


August 28, 2015 - Pablo L. Nieto, Jr., CEO, states ”It is our expectation that once we have completed our recapitalization, we will proceed with numerous projects on our roster, as I have previously disclosed.”

Eagle Oil Holding Company Inc.’s (EGOH:OTC) wholly-owned, Pure Mobility, subsidiary will then announce contracts to install its networks in a number of locations in the U.S. as well as offshore that are expected to yield significant revenues for years to come.”

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August 11, 2015 - Pablo L. Nieto, Jr., CEO, states,”In order to clean up our Balance Sheet we have brought all the off-balance sheet items forward and identified any loose ends and brought them forward too. We are taking the hit this year because we expect our performance in the coming year to positively impact our bottom line.

In particular, we are continuing our plan to monetize the numerous MOUs and LOIs obtained by Pure Mobility International Inc. These will be accretive to the $14MM of annual revenue we expect from Turks & Caicos, $30MM from the Bahamas and $30MM+ from Guinea.

In support of these plans, we have been working closely with venture capitalists, and investment bankers and expect to close soon on significant funding from these and other sources that will enable us to deliver on these contracts around the world. In their white paper, TBR, Inc. recognized that we have market leading technology and a well-defined business plan for achieving significant market penetration and revenue yield.”

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Jul 09, 2015 - Reno, NV - Eagle Oil Holding Company, on behalf of its subsidiary, Pure Mobility International, Inc., has hired Technology Business Research, Inc. (TBR) to produce a white paper to assist in its fund raising activities with venture capital firms with a specific focus on advanced technology.

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Company Provides an Update on its Future Plans

Jun 10, 2015 - Reno, NV - Pablo L. Nieto, Jr., CEO of Eagle Oil Holding Company,Inc. (EGOH:OTC), states that during the three months since he assumed control of the company the company has made considerable progress defining its future direction; most importantly in changing the focus of the company away from oil and gas to advanced and emerging technologies. As a result, a name change is now in progress.

”Eagle Oil aquired Pure Mobility International Inc. because it represented the leading edge of high-speed, mobile communications technology”, states Mr. Nieto. Today, everything from The Internet of Things to massive data transfer systems are searching for the mobile bandwidth to enable their programs to meet their users’ high expectations of speed, reliability, security and mobility. Since Pure Mobility’s network is 6X faster than any other mobile network available today, the company has the solution to meet these needs.

In order to deliver this ground-breaking capability widely and quickly, Eagle Oil has been forging relationships with companies and persons that introduce the company to the gatekeepers of every type of location, structure, and entity in which it may install its networks to the benefit of all their constituencies and consumers. As a result, we now have agreements with several organizations that will enable us to launch our networks all over our exclusive territories of North America and the Caribbean, and numerous countries throughout the world. We will soon be announcing specific new sites on both coasts of the United States.

updates will be forthcoming including new alliances for specific industry sectors and market penetration strategies. These include, but are not limited to, expanding our Guinea, Africa network to 5 more universities, expansion of our Caribbean network to The Bahamas and establishing our U.S. footprint in 20 major markets starting with Orlando, FL and Newport Beach, CA.

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For more information on Pure Mobility International Inc.:
http://www.puremobilityintl.com/

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To view ALL the latest news releases:
http://www.otcmarkets.com/stock/EGOH/news