Business & Finance
Wed, January 18, 2012
HOUSTON--([ BUSINESS WIRE ])--Texas Oil and Minerals Inc. (Pink Sheets: BNPD) is pleased to announce that FINRA has finally approved its name change from Bionic Products, Inc. to Texas Oil and Minerals, Inc. (the "Company"). In addition, FINRA has approved a ten for one (10:1) reverse stock split.
The CEO, Tom Gouger, is happy to reveal this great news of the New Year to the loyal shareholders of the Company. FINRA has informed the Company that this transaction should take place next week. Following the split, a "D" will be placed on the ticker symbol (BNPDD) for 20 business days. After 20 business days, the symbol will change to its new symbol. Please see all of our corporate updates as they unfold next week at [ www.otcmarkets.com ] and also our company website [ www.texasoilandmineralsinc.com ].
According to some oil and gas top analysts, by mid decade, the United States will once again be the world's leading oil producer. This will create more new millionaires in the next couple years than were created in the last two decades.
About Texas Oil and Minerals
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. 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.
