Monday, May 14, 2018 1:07:59 PM
TURNER VALLEY OIL
Symbol U : TVOG
Recent Sedar Documents
Turner Expands Strategic Acquisition Plans To Include Blockchain Technology Deals
2018-05-08 09:15 ET - News Release
HOUSTON, May 08, 2018 (GLOBE NEWSWIRE) -- Turner Valley Oil and Gas, Inc. (the “Company”) (OTC:TVOG), pending name change to PrimeStar Bitumen, Inc., is pleased to announce that the Company has initiated business plans to include acquisitions, investments, and strategic relationships with several blockchain technology companies already under negotiation. The companies of interest to management will have a primary blockchain focus on shipping, supply chain, and infrastructure.
To start this process, TVOG is pleased to announce the pending appointment of a shipping and blockchain specialist (s) who will be in charge of blockchain and M&A development for PrimeStar. This is the first of many management additions, and the company is excited to introduce the full team promptly. Investors can expect filings and press releases with full details in the coming days.
In conjunction with this addition, the Company has already been involved in advanced negotiations with three well established blockchain technology companies. All are in the advanced stages of discussions moving toward closing, and are aimed at M & A (Merger & Acquisition) and JV (Joint Venture) transactions. It is the Company’s intention to structure deals where it can benefit from the growth of the blockchain technology sector while strategically applying it to the bitumen and related supply chain, shipping, and infrastructure segments.
It is management’s belief that by making strategic acquisitions, investments, and mutually beneficial alliances, it can have a competitive advantage in its market places and be able to help shape the blockchain technology expansion currently taking place across various industries.
To this end, management invites shareholders and potential investors alike to read this recent article on how blockchain technology will revolutionize the shipping industry and helps explain why management is so enthused about these upcoming corporate actions.
In addition to the pending blockchain press releases, Management expects to make announcements soon regarding a new Board of Directors and more management additions, expansion/shipping contract details, M & A’s, JV’s, an updated website, and a host of other company events as the company builds upon its initial bitumen shipping asset purchase.
Tell us what's going on with Form 10, 8K, new board etc. etc.
Don,t just say it will be imminent,DO IT>>>>>>>>>>
G
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