Hi ASCENDANCY 10 I have not been feeling to good sorry it has taken me so long to answer your PM on date of ASCENDANCY10 Tuesday, February 05, 2013 8:16:14 AM A PM about PDGO I see it has pop and run wow it looks like the PDGO market traders like it very much I see, looking back around at Tue/02/05/2013 It was trading between 0.0042 to 0.006 area that week.
EUSTACE, Texas, Feb. 14, 2013 /PRNewswire/ -- Paradigm Oil and Gas, Inc. (PDGO) --
When I was asked to take a look at Paradigm Oil & Gas and to join the Company by Todd Violette, the CEO of Paradigm Oil & Gas, I told him that I knew nothing about the Oil & Gas industry but I had a vision and an understanding of Business being the successful entrepreneur that I am. So I booked a trip to Texas and traveled for several days spending about 18 hours a day looking at land leases and oil wells in two states Louisiana and Texas.
I would start my day at 4:00AM in the rain, cold and even snow in some parts; going through the fields where oil was produced, speaking with the locals, the farmers and oil workers from these towns to verify what we were up against. After the trip, I assembled a group of Investment Bankers and real Oilmen with excellent reputations that have over 150 years combined of experience in the Oil & Gas Industry to be part of an Advisory Board for Paradigm Oil & Gas.
So now I have been in the Company for 60 days and have put the pieces together with the properties, Technicians, management and most recently entered into a couple of contracts for our centurion technology Division.
It was an amazing surprise to have the great fortune to have hit oil on our first day out prepping our wells. This should make Paradigm Oil & Gas, an Oil Producing Company with two revenue streams - Oil Production and Technology.
The work has just begun because we have a tremendous vision to have land in three states and the option to double or triple this in the next year, so what I'd like to say to our shareholders is. CONGRATULATIONS and a heartfelt THANK YOU for your support as of today!
Vince Vellardita
About Paradigm Oil and Gas, Inc. Paradigm Oil and Gas Inc. (OTC Pink: PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm's goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at www.paradigmoilinc.com.
About Vince Vellardita
Mr. Vellardita is a 35 year veteran in the industry who began his career as a fast-paced music producer and executive and has been involved in over 200 Specials and Concerts bringing U2 and Duran Duran to the United States, and being involved in thousands of episodes of Television, over 100 Films as well as Las Vegas Shows, Broadway Shows with some of the biggest acts in the world. He also produced a White House Presidential Campaign, Super Bowl 2006 Motown Rap Show, the Beach Boys 40(th) Anniversary Special and the MGM Grand Special, 50(TH) Anniversary of Michel Legrand and Friends.
Mr. Vellardita bought his first TV station in Nashville and built it into a television network with over 35 TV stations servicing over 9 million households, housing multiple sound stages and edit bays, as well as increasing revenues by bring in national accounts to this network. With Mr. Vellardita's diversified background and successful track record in Los Angeles, he then developed independent productions studios and focused on film and television from building the sound stages to all aspects of deal making as well as luring some of the biggest names in the television and motion picture community, including Paramount, Warner Brothers and Disney. He became the largest independent studio owner/operator in the country consisting of 20 Soundstages, 12 acres of land, over 600,000 square feet of Production Support and a back lot.
Mr. Vellardita has brought his entertainment vision to the world of auctions, turning the events into a fun and celebrity filled experience and personally responsible for close to $100 Million in sales as a Producer and/or Creator and broadcasting in 80-100 Million Homes, via The Ion Network, Dish Network, Direct TV and the USA Network.
Mr. Vellardita purchased a Faith Based Television Network for 1.5 million dollars, which was in 7-10 million homes with roughly 30 TV Station affiliates and paid if off in 2 years and was able to grow it to 90 TV stations and secure it into 34 million homes.
Mr. Vellardita was instrumental in bringing celebrity influence to endorse a live TV and Radio auction for timeshare vacations which sold One Million dollars per day, the company was eventually sold to Goldman Sachs for $450 Million. Some of those celebrities included: Chevy Chase, Roseanne Barr, Penelope Ann Miller, Lorenzo Lamas, Robert Thicke and Tonya Roberts. He also held an auction for Kathy and Paris Hilton at the Baron von Hilton estate to raise money for the Make-a Wish Foundation. The auction was successful as a television and internet component, with Paris Hilton and Avril Lavigne . Another auction he was involved in was The Osbourne Collection, where personal art, furnishings and memorabilia from Sharon and Ozzy Osbourne. Mr. Vellardita was also involved in other auctions such at the Grammy's Auction with personal memorabilia from Sting, Beyonce and U2.
Finally, when the real estate market had a downturn, Mr. Vellardita took his vision to infuse the entertainment value into home auctions and worked with some Auction Companies, such as Williams & Williams and Realty Bid, to create a live broadcast on TV and the internet along with radio spots; generating over 6700 phone calls per hour, and the sale of over 1000 homes. Mr. Vellardita's excellent reputation in the entertainment industry allowed him to maintain a 10 year contract with Paramount Pictures and Walt Disney Corporation while being involved in the production of several thousand episodes of television and hundreds of films.
Forward Looking Statements. 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. Paradigm Oil and Gas, Inc., is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. 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 Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm's financial and contractual obligations, Paradigm'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.
Contact: Todd Violette, CEO Paradigm Oil and Gas, Inc. tv@paradigmpdgo.com 1-214-784-3103
EUSTACE, Texas, Feb. 4, 2013 /PRNewswire/ -- (OTCPINK: PDGO) Vince Vellardita, President of Paradigm Oil and Gas, Inc., announced today that while testing one of the wells that had been shut down for the past years -- "We Struck Oil"!!
"Since our wells have been shut down, an H-I5 Test must be performed for the Railroad Commission in compliance with Texas Law. Upon completion this would allow us to turn the pumps back on. We took our Centurion One Trailer to our Clark Lease Property to begin the process of getting it ready for contract fulfillment. While testing our #2 well, WE PRODUCED OIL at less than 1000 feet and it was a beautiful sight (paradigmoilinc.com/oil.htm)," stated Vince Vellardita, President. Water intrusion from Woodbine Formation is the mechanism pushing oil through the reservoir toward the producing wells. Our test proves the Clark Lease has plenty of oil and water. The source rock for the oil in East Texas is the lower-lying Eagle Ford Shale.
Paradigm Oil & Gas is looking at a bright future having the Centurion One Technology under contract for 48-65 wells and ready to start producing revenue and earnings for the Company. Clark Lease property is expected to have two wells online and producing within the next few weeks. "I'm extremely happy for the shareholders as we now have leases that will be oil producing and a Technology Company with two streams of revenue," stated Vince Vellardita.
About the CENTURION ONE TRAILER
Paradigm Oil & Gas owns the Centurion Technology. The Centurion One Platform is a unique trailer that is designed as a self sufficient oil recovery system. It requires only a 4.5 inch or wider clean casing and can reach up to eleven hundred feet. The main components on the Centurion One are: a 50KW generator, 1100 feet of flexible tubing and a 3 1/2 inch wide submersible pump. The system is also capable of being tied directly into flow lines.
About the CLARK LEASE
Paradigm Oil & Gas has a Lease on a 96 Acre Ranch outside of Dallas, Texas. The Lease contains all Mineral Rights and Drilling Rights from surface to 5,000 feet. Paradigm Oil & Gas has two wells on the Property and plans on adding wells.
About Paradigm Oil and Gas, Inc. Paradigm Oil and Gas, Inc. (OTC Pink: PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm's goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at http://www.paradigmoilinc.com.
Forward Looking Statements
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. Paradigm Oil and Gas, Inc. is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. 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 Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm's financial and contractual obligations, Paradigm'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.
Contact: Vince Vellardita, President Paradigm Oil and Gas, Inc. vince@paradigmpdgo.com 1-727-595-8101
EUSTACE, Texas, Jan. 7, 2013 /PRNewswire/ -- Paradigm Oil and Gas, Inc.'s (PDGO) President, Vince Vellardita announced today that he has hired the final members of the Company's Advisory Board which will bring a wealth of knowledge and expertise to Paradigm Oil & Gas.
Mr. Vellardita has hired Mr. Britt Brooks to the Advisory Board. Mr. Brooks contributes 16 years of experience in oilfield management, drilling and oilfield finance. In addition, he brings 19 years of experience in Small Cap Finance and Public Company Advisory and many accomplishments, one being the Co-Founder, Officer and Director of TexCom, Inc., an Environmental Company that grew at a 42% rate from 2007 to 2011, reaching a revenue run rate of $11 million in March 2012 and with net profit margins of 28% in the final two months of his tenure.
Also added to the Paradigm Oil and Gas Advisory Board is Mr. Christopher P. Scully. Mr. Scully is a 36 year veteran in the oil and gas exploration/exploitation business; operating production in both onshore and offshore in Texas and Louisiana. He has drilled/participated in over 350 explorations wells in 12 States and the Country of Turkey. Some of Mr. Scully's notable accomplishments include, being the Principal in the Investment Group that took private Burlington Gas Seam Royalty Trust (NYSE) in a $140MM transaction as well as being the Principal in the Exploration Group that took PetroSearch (PSCP) public.
The Advisory Board is completed with the hire of Mr. Weldon Cude, who has been in the oilfield since his early teens, and his Companies have remarkably drilled over 6,000 wells throughout his career. Mr. Cude is the Founder of Premium Drilling, who operated 8 Oil & Gas Rigs, 6 Water Drilling Rigs and managed 400 employees with revenues exceeding $38 Million. He also founded Supreme Vacuum Services, building up to 26 trucks within 18 months. Mr. Cude is recognized for his 24 consecutive years of service as Commissioner for Atascosa County in Texas, also as Businessman of the Year in 1990, Young Citizen of the Year in 1988 and held the position of Director at The County Bank from 1990 to 1996.
"When I first met Vince, we discussed the future in the Oil & Gas Industry and I never realized a man from his background in the Public / Entertainment arena knew so much about our industry. We share the same vision for the future of our industry and of the United States."
Christopher Scully stated, "What I like best about Paradigm Oil & Gas is the way they are positioning themselves not only to have the goal of streaming oil barrels with huge revenue potential but also in adding another revenue stream in the capping analysis and cleanup process with the Centurion technology."
Weldon Cude stated, "I am very excited in joining this aggressive team of executives who have set their mission and have the vision for growth in the Oil & Gas Industry."
"I have now completed the process of hiring a strong Advisory Board who will ensure that the Company moves forward with our Business Plan and other projects that will come in the near future. I'm looking forward to the start of drilling and pumping oil in the coming weeks and finding new revenue streams for Paradigm Oil & Gas; making this a well deserved and perfect year end for the Company," stated Vince Vellardita, President of Paradigm Oil and Gas.
About Paradigm Oil and Gas, Inc.
Paradigm Oil and Gas Inc. (OTC Pink: PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm's goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at www.paradigmoilinc.com.
Forward Looking Statements 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. Paradigm Oil and Gas, Inc., is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. 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 Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm's financial and contractual obligations, Paradigm'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.
Contact: Vince Vellardita Paradigm Oil and Gas, Inc. vince@paradigmpdgo.com 1-214-736-3121
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