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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Paco Intergrated Energy Inc (GM) | USOTC:PACO | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
The board of directors also initiated a 1 for 17 reverse split on the company's common stock. All shareholders of record will receive 1(one) common share of Paco Integrated Energy Inc. for every 17(seventeen) common shares held. Shareholders are required to surrender their certificates to the company's transfer agent:
Knightsbridge Assurance Ltd. 167 Queen St. S. Unit# 9 Steetsville, ON Canada L5M 1L2
Any questions regarding the reverse split and issuing of new certificates can be submitted to the company's investor relations department at website www.pacopetroleum.com on the Contact Us page form.
About Paco Integrated Energy Inc.
PACO Integrated Energy Inc. is an exploration company focused on purchasing undervalued oil and gas leases with little or no production in the United States. Its experienced technical team then increases the leases production thereby significantly increasing the value. PACO concentrates its efforts developing undervalued well communities into micro scale production facilities. Paco will acquire oil and gas assets with proven past production history and proven reserves behind pipe to minimize initial investment risk.
Paco will further build a comprehensive network of oil and gas professionals to be part of the team to evaluate future investment, and divestment projects and ongoing focus on low cost efficient operations.
These working assets have all been refurbished and outfitted with the latest in oil recovery equipment. Since many of these assets are shallow wells, former owners were technically unable to reach deeper deposits. PACO has the technical team to go further and more efficiently.
Forward-Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact: Frank Snortheim President PACO Integrated Energy Inc. 281-818-3450
1 Year Paco Intergrated Energy (GM) Chart |
1 Month Paco Intergrated Energy (GM) Chart |
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