Turner Valley Oil and Gas Inc (TVOG)

[nupapa]

TVOG has a lot of catalysts in the works.
-- Name Change & Ticker Symbol change
-- New Management/BOD expected
-- M&A announcements expected based on 12/11 PR
-- Plans to Uplist
http://www.nasdaq.com/press-release/turner-announces-completion-of-bitumen-shipping-acquisition--placement-agreement-20171211-00460

Part of Steve's blog from December. Expect news soon on several items:
https://www.linkedin.com/pulse/family-office-perspective-convergence-bullish-rallies-steve-helm/

I am happy to announce that yesterday, December 11 2017, we did in fact close on this historic event in company history. Infrastructure Closing Phase 1 of our initial infrastructure acquisition is now complete with 2 bitumen shipping vessels and a large financial commitment to fund asset acquisition.

That financial commitment was the result of a very positive response to our recently announced $25 Million preferred stock placement with our investment bank Network 1. In fact, so positive that there are now plans for an infrastructure investment expansion on top of this initial shipping acquisition. In June, we announced updated company guidance for our first acquisition of (5) bitumen shipping vessels with an estimated run rate of over $39,000,000 in annual revenue and $6,000,000 in EBITDA. We are already entering the shipping markets at historic lows and have developed a plan that allows us to purchase these ships for pennies on the dollar. This opens the door for an aggressive growth strategy to expand from the initial 5 bitumen tankers to up to 30 tanker ships in the next 12-18 months.

Furthermore, now that the initial deal has been finalized, PSB, working in conjunction with Network 1 and an expert team of advisors, will begin targeting the purchasing/leasing of import/export facilities, asphalt refineries, distribution facilities, and related businesses. This will give the company inroads into practically the entire supply side chain for bitumen products. We can control everything from the cost of making the bitumen, how it is stored, whom to sell it to, and how, when, and where to deliver it. And as a result, we look for revenue and profits to rise in turn as we grow as a company and the infrastructure expansion takes hold.