Xtreme Technologies Inc (fka XTMG)

[Buckey]

Company News wrong and lisleading.
There was No reverse split as one was not filed with Nasdaq and not on OTCBB.COM which is the bible. Also no quote providers show the split and it would of received a new symbol. What morons.

XTREME TECHNOLOGIES (U-XTMG) - News Release
Xtreme Technologies, Inc. Announces that on January 19, 2007 it has changed its name to Xtreme Oil & Gas, Inc. and Confirms that the 1 for 500 Reverse Stock Split was Effective on December 6, 2006

2007-01-22 11:53 ET - News Release



PLANO, Texas -- (Business Wire)

Xtreme Technologies, Inc. (Pink Sheets:XTMG) announces that effective January 19, 2006 the new name of the corporation is Xtreme Oil & Gas, Inc.

XTMG wants to correct the press release dated December 29, 2006. There was a One for Five Hundred (1 for 500) reverse stock split of the current outstanding shares of common stock not a Five hundred for One reverse stock split. This stock split was done by the previous managers of Xtreme Technologies, Inc. XTMG also want to confirm the press release dated January 8, 2007 that the effective date of the One for Five Hundred (1 for 500) reverse stock split of the current outstanding shares of common stock was December 6, 2006. As of the effective date, December 6, 2006, there were a total of 185,500 shares outstanding of which 45,500 are free trading and 140,000 are restricted.

First American Stock Transfer of Phoenix, Arizona will remain the Company’s stock transfer agent. As part of a mandatory exchange, the transfer agent will exchange the common stock at no charge to the shareholders for a period of six months. All XTMG shareholders may contact First American Stock Transfer at 602-485-1346 to obtain their new certificates.

Forward Looking Statements:

Certain statements in this announcement regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production such as “may,”“potentially,”“expects,” and similar terms may be regarded as “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management’s current view and plans, however, are subject to numerous known and unknown risks, further testing and analysis, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Xtreme to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. Xtreme undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.

Contacts:

Capital Group Advisors, Inc.
David Van Vort, 786-277-3484
[e-mail]

Source: Xtreme Oil & Gas