$TVOG Huge News. Per website release yesterday (11-20-17). Acquisition deal closed. News only released on website so far. They're waiting til after holiday 2 release PR about acquisition deal. News break any moment after Thanksgiving.
HOUSTON, Texas – 11/20/2017 – (Website Release Only) Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change, is pleased to announce that Turner has finalized its phase 1 infrastructure and shipping acquisition along with the preferred stock placement to fully capitalize the transaction. A full and detailed press release of this transformative event in Turner’s corporate history will be coming following the Thanksgiving holiday. As stated in previous press releases, Turner engaged Network 1 Securities (Network 1) to partner with the Company to acquire bitumen shipping assets and capital valued at an initial valuation of $25,000,000. This platform, agreed upon by Turner, Network 1, and a specialized group of industry consultants, has been established in order to build and expand upon an integrated infrastructure play focused on the supply chain of bitumen, also known as asphalt. Following the 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 allow Turner to meet the qualifications needed for Turner to be an OTCQB, fully filing company.
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