We are proud to announce that we have filed and submitted all necessary documents to achieve the "Current Information" status on OTCMarkets.com. Not only will this allow the Company to become increasingly more transparent but it will also instill investor confidence as Texas Oil and Minerals, Inc. advances its business strategy and becoming stronger and more profitable.
The Company's management team stated, "We are pleased to have accomplished this task for our shareholders but we cannot hesitate to move forward with our larger goals of becoming fully reporting with audited reports as required pursuant to Section 12(b) of the Securities Exchange Act of 1934."
Management concluded: "We anticipate being fully audited in the first quarter of 2012 and to start looking toward an entrance onto the OTCQX or the OTCBB later that year."
Texas Oil and Minerals, Inc.'s goal is to be transparent to its shareholders and this is the next step the Company felt it necessary to first achieve these milestones. This move was made, not only for the transparency for its current shareholders, but also as to gain exposure and introduce Texas Oil and Minerals, Inc. to thousands of additional investors.
About Texas Oil and Minerals (BNPD)
Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $1,000,000 to $50,000,000, which include seismic and land projects, drilling prospects and the purchase of producing properties. Our team is comprised of highly skilled industry professionals who leverage their knowledge toward the success of our business. With more than three generations of collective experience, this team of professional and talented production personnel can provide innovative exploration and development solutions focused on creating exceptional returns in oil and gas through acquisition and exploration. www.texasoilandmineralsinc.com
Safe Harbor Statement:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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