Greyson International, Inc. Provides An Update On its Oil & Gas Investment
Last update: 8/23/2012 10:22:00 AM
COCONUT CREEK, Fla., Aug 23, 2012 (BUSINESS WIRE) -- Greyson International, Inc. (GYSN) announced today that its 3% investment in Blake Oil and Gas Limited ("Blake"), a privately owned, Guernsey registered, oil and gas company, has entered into a Joint Venture arrangement to further exploit its Oil and Gas Assets in Georgia. Under terms of the agreement, its partner has committed over $100,000,000 in funding to further develop its oil and gas activities in the Country of Georgia. According to independent studies, these properties have been reported to have significant oil and gas reserves. For more information please visit their website, .
Greyson International is not an operator of the business. Its interest is solely as an investor.
Greyson International CEO, Harvey Tauman, said that "The company is very excited about its recent advancements and is planning to hold a conference call for shareholders in the coming weeks, to provide an update on all areas of its business."
About Greyson International, Inc.
Greyson International, Inc. is a research, development and marketing company that markets health and beauty aid products. Trilexon(R) is a registered trademark of Greyson International. For more information, visit ; join the Greyson Facebook group page by visiting .
This release contains information about management's view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.
SOURCE: Greyson International Inc.
Greyson International Inc.
Harvey Tauman, 954-482-0497
Chief Executive Officer
Harvey@greysonintl.com
Copyright Business Wire 2012
