Allied Energy Corp (AGYP)

[Snowie]

Allied CEO George Montieth explained: “Now that Allied has moved from exploration status to production and oil sales, management believes it is time to initiate the move to a higher tier exchange and institute a share buy-back program. We feel these initiatives will benefit both the company and our shareholders by building real value now and in the future. I look forward to elaborating on material events as they take fruition.”