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Thursday, 10/31/2019 1:21:58 AM

Thursday, October 31, 2019 1:21:58 AM

Post# of 10305
$PSWW MERGING INTO OIL & GAS PERMIAN BASIN COMPANY

As filed in Quarterly Report 10/30/2019
The Company has identified and is currently in discussion with a Company within the oil and gas industry to engage in a merger and acquisition transaction. The Company estimates that this deal will be closed fourth quarter 2019.
https://backend.otcmarkets.com/otcapi/company/financial-report/232964/content

GENERATIONAL OPPORTUNITY
ACCORDING TO Attorney Letter with Respect to Current Information -
Merger involves prolific Permian Basin - a generational opportunity.

https://backend.otcmarkets.com/otcapi/company/financial-report/232970/content

$PSWW- 20,000 acres of OIL & GAS IN PROLIFIC PERMIAN BASIN
With oil trading around $70 per barrel, among the most prolific of those wells could generate as much as $3.8 million per year in royalties .

https://backend.otcmarkets.com/otcapi/company/financial-report/232970/content

Total value of property alone is estimated in excess of $400 mil.
Today, leasing the mineral rights in the Permian Basin can cost as much as $40,000 an acre.
Exxon Mobil recently bought a position of 1.8 million Permian acres at an implied per-acre price of $20,000.

Number of oil rigs drilling in the Permian in April. That was 44% of all rigs drilling in the U.S. and 22% of the number worldwide.
The Permian boom has helped push U.S. production to a record 10.2 million barrels per day.

https://fortune.com/longform/permian-basin-oil-fortune-500/

$PSWW: OS 11,839,137 ; FLoat 542,378

CEO K. Bryce Toussaint
owns 6,274,879 shares 54%

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