Texas Oil and Minerals, Inc. Engages Paul Cohen and Grass Roots Research to Provide Investors a Comprehensive Financial Researc

^{Published on 2011-07-06 10:30:23 - Market Wire}
 

Texas Oil and Minerals, Inc. Engages Paul Cohen and Grass Roots Research... -- SAN ANTONIO, July 6, 2011 /PRNewswire/ --

SAN ANTONIO, July 6, 2011 /PRNewswire/ -- Texas Oil and Minerals, Inc.  (OTC-PK: BNPD), is pleased to announce that it has engaged the nation's leading microcap small cap research firm, Grass Roots Research and Distribution, Inc. (Grass Roots), its lead analyst and founder, Paul Cohen, to prepare and publish a third-party research investment thesis and recommendation.

Grass Roots and Paul Cohen provide in depth research from third party security analysts.  From May 2009 to June 2011, Mr. Cohen and Grass Roots has performed at a 96.3% success rate.  Of the successfully selected companies, Mr. Cohen's recommendations have experienced an increased valuation by an average of 95.2%.  Before forming Grass Roots Research, Mr. Cohen was the Regional West Coast Founder of Bear Stearns.  Prior to Bear Stearns, Mr. Cohen was Vice President of West Coast Institutional Dept. at Hayden, Stone & Co. and, subsequently, Shearson-American Express.

The Cohen Price Target is a proprietary method using market-based multiple valuation Discounted Cash Flow (DCF) and applying the Cohen Price Performance Index approach. The multiple based valuation approach uses the expected 2011/2012 Price-to-Earnings and Price-to-Capital Employed.  The last component in calculating the Cohen Price Target is the value derived using the long-term Cohen Discounted Cash Flow (DCF) valuation approach.  ([ http://www.grassrootsrd.com ])

This initiative demonstrates Texas Oil and Minerals, Inc.'s intent to pursue transparency and to continue developing its business plan designed to build and enhance shareholder value.  

"We believe Grass Roots to have the time-tested expert analytical and qualitative measurements to deliver a fair valuation of our company," said Texas Oil and Minerals CEO Tom Gouger. "Coverage by Grass Roots will provide us with institutional-quality research to enhance our marketing efforts, attract high-caliber potential investors, and provide shareholders with a professional in-depth look at the company.

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. Grass Roots will be paid $7,500 by a third-party for its accountable expenses and distribution surrounding this report.  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.

SOURCE Texas Oil and Minerals

RELATED LINKS
[ http://www.grassrootsrd.com ]
[ http://www.texasoilandmineralsinc.com ]