HOUSTON – June 6, 2017 – Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), pending name change to Turner Venture Group, Inc., has announced an updated development table and action item list towards completion of phase 1 of the acquisition plan. Turner is proud of what it has accomplished the past year, and looks forward to updating shareholders as new goals and action items are accomplished.
List of Turner’s Key Accomplishments to Date
|Key Accomplishment||Impact||Date Completed|
|Completed Nevada State Filings ✅||Turner can be publically traded, first step to OTC Markets Uplist||12/12/2015|
|Uplisted to OTC Markets and Become Pink Current ✅||Increased exposure, credibility, and investor interest||3/4/2016|
|Initiated Name Change to Turner Venture Group ✅||Provided insight to investors on the company’s focus and direction||6/5/2016|
|Debt Retirement ✅||Increased profitability, improved balance sheet, and simplified future acquisition financing||10/5/2016|
|Began Filing 8-ks for Relevant Company Events ✅||Provided business process legitimacy for individual investors and institutional investor confidence||1/25/2017|
|Engaged Independent Auditor ✅||Completes the first step towards full compliance||2/15/2017|
|First Acquisition Initiated ✅||Bitumen company acquired initiated the Turner strategic direction into the infrastructure sector||3/15/2017|
|Investment Bank Engaged with Capital Placement Agreement Entered ✅||Established Investment Bank to back acquisitions||4/20/2017|
|Escrow Account Established ✅||Allowed for the Private Placement with Continental Stock & Transfer||5/12/2017|
|Credentialized CFO Hired ✅||Leads company in compliance and provides guidance regarding strategic direction||5/23/2017|
|Update shipping Co. guidance||Indicates Turner’s acquisition and growth strategy progression and direction|
|Expanded Acquisition Plan||Will show Company growth and development as the Company’s acquisition plan takes hold|
|Form 10K Filing||Indicates audit completion and final requirement completion for uplisting to OTCQB|
|Appoint Company Officers||Company team additions will guide the company as it grows into a fully operating venture|
|Appointment Of Industry Experts As Board Of Directors||Will assist the company with expertise in infrastructure and all aspects of Company vested interests|
|Form 10||Completion will allow for OTCQB Uplisting|
|OTCQB Uplist||OTCQB is a higher and more respected exchange, driving more interest and opportunities to attract investors|
|Preferred Offering Closing||Allows for shipping growth, expansion, and other acquisitions|
|Initial Acquisition Completion||Acquired company becomes fully operational and operations can be optimized, significantly increasing EBITA|
|Shipping Company Fleet Expansion||Utilizes Investment banking financing to increase revenues and bottom line through asset acquisition|
|Additional Acquisitions||Provides shareholder value through acquisition of strategic partners and aggressive growth companies|
|NASDAQ Uplist||Being traded on one of the most respected and well known exchanges enhances credibility for individual and institutional investors|
*This listing may or may not be representative of the order items on this list are accomplished
Existing shareholders and prospective investors can sign up to receive company news, announcements and investor updates at http://bitumentankers.com/signup/.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change to Turner Venture Group, Inc.) (OTC:TVOG) is a business holding company, with a historical focus on energy related holdings. The Company’s acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as acquisition candidates where cash flow can be improved through its buy, build & bolt-on model within the shipping, real assets, energy, infrastructure, enterprise technology, and manufacturing segments.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
Steve Helm, CEO
Turner Valley Oil And Gas, Inc. (pending name change to Turner Venture Group, Inc.)
Corporate Website: http://turnerventuregroup.com/
Subsidiary Website: http://BitumenTankers.com
|Address: 3270 Sul Ross, Houston, TX 77098