PureSpectrum, Inc. Controlling Interest Acquired by OTC Ventures; Launches New Business Model Focused in Oil & Gas on Level Stock.com

PureSpectrum, Inc. Controlling Interest Acquired by OTC Ventures; Launches New Business Model Focused in Oil & Gas

TORONTO, Dec 12, 2011 (LevelStock.com News) -- PureSpectrum, Inc. (PSRU - OTC Pink) Board of Directors announces today that OTC Ventures, a company specializing in asset acquisition and joint venture partnerships, has acquired controlling interest in PSRU, and will be immediately launching business initiatives in the Oil and Gas sector.

The company's new CEO, Cedric Atkinson, has extensive experience in business development with a proven history of success. He is actively involved in the Resources sector with current operations in Metals Mining as well as Oil and Gas.

Atkinson is currently performing due diligence on an Oil drilling platform in the state of Texas for an acquisition that looks to garner attractive revenues in 2012. This step is part of a strategically aggressive plan to create growth and overall value for PSRU and its shareholders in the near term.

The company will be releasing additional news in the coming days with details on current negotiations as well as prospective partnerships and asset acquisitions.

Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

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