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Texas Oil and Minerals Announces Uploading Onto OTC Markets of the Financial Statements for the Period Ending September 30, 2013 and Related Non-Financial Information
Texas Oil and Minerals Announces Uploading Onto OTC Markets of the Financial Statements for the Period Ending September 30, 2013 and Related Non-Financial Information.
About this update from Golden Triangle Ventures Inc.
[{"type":"text","content":"\n \n \n Texas Oil and Minerals Announces Uploading Onto OTC Markets of the Financial Statements for the Period Ending September 30, 2013 and Related Non-Financial Information\n \n \nTexas Oil and Minerals Announces Uploading Onto OTC Markets of the Financial Statements for the Period Ending September 30, 2013 and Related Non-Financial Information\n \n SAN ANTONIO, TX--(Marketwired - Nov 20, 2013) - Texas Oil and Minerals Inc. (OTC Pink: TOMI) announced today that the Company has uploaded the financial statements onto the OTC Markets for the period ended September 30, 2013 and the related non-financial disclosure information bringing up to date the financial reporting requirements for TOMI. The financial statements were reviewed by the Company's Auditors, ADFK Certified Public Accountants. The company is required to follow the Alternative Reporting Standard or the International Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Pink Basic Disclosure Guidelines, designated as OTC Pink Current Information. OTC Markets provides disclosure statements and has created OTC Pink Basic Disclosure Guidelines in order to assist issuers with understanding their disclosure obligations under the Alternative Reporting Standard. The Company has included the non-financial disclosure required under the Alternative Reporting Standards and has obtained the legal opinion from the Company's counsel. The Yield sign has been removed as a result of the filing of all financial and non-financial information on November 4, 2013 I compliance with OTC Market requirements. \n The foregoing administrative efforts are part of the company's strategic plan under the leadership of CEO and President Tom Gouger for the business to maximize shareholder value, provide more transparency of company operations, and allow TOMI to meet the pre-requisites to apply for a \"Fully-Reporting\" status. Once this process is complete it is the intention of the Company to make the necessary filings with the appropriate regulatory agencies to move TOMI to the Bulletin Board. In addition reaching a \"Fully Reporting\" status will facilitate the implementation of the Company's operating plan. As recently announced, the Company has completed its first acquisition of a 25% working interest and an 18.75% net revenue inter...