TRSI has news this AM but volume across the board seems dead today... perfect after yesterdays Dow drop....
Maybe we start seeing some connections happening soon????
TRSI -- Trophy Resources, Inc.
Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Trophy Expands Its Vision as an Asset Driven Company
CLEVELAND, OH, Feb 28, 2007 (MARKET WIRE via COMTEX) -- Trophy Resources, Inc. (PINKSHEETS: TRSI) -- In its commitment to building the asset base for the company as previously stated (Jan, 26, 2007), Trophy Resource's management modified it 2007 business plan related to Trophy's investment structure and holdings.
No longer intending to act as the sole funding source in the development of oil, gas and mineral prospects; Trophy plans to expand its roll by controlling the interest of larger parcels of undeveloped, underdeveloped and currently producing oil, gas and mining interests.
"We realize that our efforts to push forward in the last three months may reflect little in the way of news but we have accomplished much in the way of structure, planning and building new resource relationships and believe that these efforts will pay dividends for our investing partners through the remainder of 2007," stated COO, Eric Leonetti.
By focusing on acquiring mineral rights of large parcels of land while concentrating on areas with known oil, gas and mineral reserves along with their experience in re-completion work and the introduction of the Mining Division, Trophy believes that all the pieces are now in place to move forward both strategically and financially.
Eric Leonetti continued, "We expect to show progress with both divisions of Trophy quickly and believe that by controlling the mineral rights for mining, oil and gas while building strong partnerships in these prospects can and will provide evidence that we have chosen the correct course."
About Trophy Resources
Trophy Resources, Inc. (www.trophyoil.com) is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests to date are in the Fort Worth Basin in central Texas, and the Williston Basin, Montana. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
