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CYBK Acquires 100% Of EPA Petroleum, Inc And Names Nathan Hall As The New Sole Officer And Director Of The Company
CYBK Acquires 100% Of EPA Petroleum, Inc And Names Nathan Hall As The New Sole Officer And Director Of The Company.
About this update from Moon Equity Hldgs Corp.
[{"type":"text","content":"\n\n\n\nCYBK Acquires 100% Of EPA Petroleum, Inc And Names Nathan Hall As The New Sole Officer And Director Of The Company\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\nCYBK Acquires 100% Of EPA Petroleum, Inc And Names Nathan Hall As The New Sole Officer And Director Of The Company\nCYBK to Spin off Cyber-Thingy as a dividend to its shareholders\nPR Newswire\nDEBARY, Fla., Sept. 3, 2014\n\n\n\nDEBARY, Fla., Sept. 3, 2014 /PRNewswire/ -- Cyber Kiosk Solutions, Inc. (OTC PINK: CYBK) is pleased to announce the Company has acquired EPA Petroleum, Inc.(EPA) as a wholly owned subsidiary for 300 million shares of Restricted Common stock and Nathan Hall has been appointed the sole officer and director of CYBK.\n\nEPA Petroleum, Inc. will be the new operating company within CYBK.  The former officers and directors have resigned and Christopher J Clarke is returning 65 million shares of Common stock back to the Company.\n\nEPA Petroleum, Inc. (EPA) is an oil drilling company with operations in Pennsylvania. EPA currently has 4 groups of 10 Oil Well blocks to be able to drill on over 250 acres of land and has oil drilling underway on the same drilling lease.  EPA focuses in on a niche area of drilling that is very conservative focusing in on benefits from the tax deductions available for an oil and gas drilling investment including intangible drilling costs, depreciation, operating costs, and percentage depletion. Structured properly, partners may offset their taxable income gained from other sources with the substantial deductions available from investing in oil and gas wells.\n\nEPA currently targets oil drilling opportunities between 1 to 3000 feet in depth with most oil wells being between 1000 to 1300ft feet. This limits the risk of drilling a dry hole along with many other mitigating factors. EPA chooses its locations based on proven reserves and geology/nuclear well reports in the region. The company does NOT do any \"Wild Cat Drilling\" and EPA's areas of drilling are in the vicinity of where Quaker State Oil, Pennzoil, and the Rockefeller families all beg...