Business
Unity Management Group, Inc. Changes Name To PetroTech Oil & Gas, Inc.
Unity Management Group, Inc. Changes Name To PetroTech Oil & Gas, Inc..
About this update from Petrotech Oil & Gas Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nUnity Management Group, Inc. Changes Name To PetroTech Oil & Gas, Inc.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nUnity Management Group, Inc. Changes Name To PetroTech Oil & Gas, Inc.\n\n- Ticker Symbol Changed from UYMG to PTOG on OTC Pink Sheets -\n\nPR Newswire\n\nEAST HANOVER, N.J., April 3, 2013\n\n\n\n\n\n\n\nEAST HANOVER, N.J., April 3, 2013 /PRNewswire/ -- PetroTech Oil and Gas, Inc., (OTC Pink: PTOG), an oil and gas property acquisition and services company announced that it has legally changed its name From Unity Management Group Inc. to PetroTech OIL & GAS, INC. and its stock ticker symbol has been changed to \"PTOG\". The company previously acquired Unity Management Group, Inc., (OTC Pink: \"UYMG\") through a reverse merger transaction on February 11, 2013. The new name more accurately reflects the company's business focus and investments in the energy industry. \n\n\nA new CUSIP number of 71677C 106 has been assigned to the Company's common stock. Outstanding stock certificates and warrants for shares of the Company's common stock are not affected by the name change; they will continue to be valid and need not be exchanged.\n\n\n\nEdward Schilb, President of PetroTech commented, \"By acquiring Unity it gives us the ability to access growth capital in the public markets while obtaining higher asset values for our properties. We are seeing a significant number of exciting opportunities to grow our company. Our expertise and technology gives us the ability to re-work over 100 shallow shut-in wells on our properties and significantly their increase oil production. Historically, these wells have been productive assets and we are confident that we can improve their current production value and profitability. We look forward to building our business and becoming a significant player in the oil and gas industry.\" \n\n\n\nAbout PetroTech \n\n\n\nPetrotech Oil and Gas, Inc. uses multiple patent technologies for Enhanced Oil Recovery a...