Tuesday, October 13, 2015 11:03:34 AM
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Eagle Oil Holding Company Inc. (EGOH:OTC), Announces Reorganization Plans
October 13, 2015 - Eagle Oil Holding Company, Inc. is pleased to announce that Nieto and Company - Nevada will issue a tender offer for all the Preferred Shares not already owned by its sister company, Nieto and Company. Upon completion of the acquisition, both companies will maintain the majority control of Eagle Oil and proceed to execute the rest of its reorganization plans that does not include a reverse split. This includes an additional investment to enable retiring all or nearly all of the current liabilities of the company.
This reorganization and additional investment continues the strong belief in and commitment to the business plan of Eagle Oil’s subsidiary, Pure Mobility International Inc., in deploying high-speed wireless mesh networks throughout the world.
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EGOH Receives $3 Million Dollar Investment
October 7, 2015 - Eagle Oil Holding Company, Inc. is pleased to announce that Nieto and Company has committed to invest Three million dollars ($3,000,000) into Eagle. The funds will provide the capital needed to complete the networks in Turks & Caicos and in Conakry, Guinea. As a result, both projects will be generating revenue by the end of this calendar year. In addition, Eagle expects to finalize its agreement for deployment in the Bahamas with the goal of being live there by the end of this calendar year as well.
This investment represents the strong belief in and commitment to the business plan of Eagle’s subsidiary, Pure Mobility International Inc., in deploying high-speed wireless mesh networks throughout the world.
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August 11, 2015 - Excerpt: 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.
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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
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