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Monday, October 01, 2012 10:32:25 PM
From another suspended company ...
"... the decision was based upon the disappointing results of not being able to secure a market maker to quote the company stock, lack of a suitable merger candidate and failure to obtain listing on the German Exchange due to the pending inquiry. Market makers have been reluctant to commit to filing our Form 211 with FINRA. The continued efforts to secure funding for oil and gas acquisitions have been fruitless as also affected by the inquiry, thus we have been unable to remove the negative taint from public view. We regret that we could not achieve success with this enterprise and have reached out to others to see if they will take over the business and place an operating asset in place. This is official notice the company has no management team or operations. We regret this was the only conclusion we could reach regarding the future of this company."
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