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Share Name | Share Symbol | Market | Type |
---|---|---|---|
UMF Group Inc (PK) | USOTC:UMFG | 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% | 0.0055 | 0.0024 | 0.0065 | 0.00 | 01:00:00 |
The scope of the company will be North American onshore projects, with initial focus in the USA.
Management Comment: "Given supply issues due to turmoil in the middle east, resistance to offshore drilling, and a rising $100 per barrel plus cost of oil, the timing is right to enter into the oil and gas industry."
About American Community Development, Inc.:
The Company is an emerging junior oil and gas company financially well connected, and will be focused on exploiting oil and gas reserves within the USA. The Company is in the process of assembling a seasoned team of managers and technical professionals in the areas of geology, geophysics, engineering, and legal. The Company strategy is to positioning itself for aggressive asset growth and shareholder value.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the Company and its operations, are included on certain forms the Company files with the Securities and Exchange Commission.
Contacts: American Community Development, Inc. Edwin Mah, B.Com, SMA, CMA Director 702-605-0145 emah@acdp-ir.com www.ACDP-IR.com
1 Year UMF (PK) Chart |
1 Month UMF (PK) Chart |
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