Posted On: 07/17/2013 8:38:43 AM
Post# of 163
Re: breaknchainz #1
$EGOH NEWS Eagle Oil Holding Company Announces Resignation of Brian Wilmot, CEO
Jul 15, 2013
OTC Disclosure & News Service
Reno, NV -
Reno, July 16, 2013 -- Eagle Oil Holding Company (Trading Symbol: EGOH) announced the resignation of its President/CEO, Brian Wilmot, and the appointment of a new director, Connie Helwig, a former executive of the company.
Ms Helwig will become the new CEO effectively immediately. Brian Wilmot states the following, ?Although we were engaged in efforts to achieve profitability for the Company, it was not going to occur soon enough to maintain viability in the market. After careful consideration and discussions, Eagle Oil Holding Company determined the best way to advance shareholder value was with a new management team that brought new possibilities. Ms. Helwig has additional plans to expand the Company into new oil fields.?
Ms. Helwig states the following,"As a condition of my appointment as the only director, I have vended in a lease located in Venango County, Pennsylvania. This asset will be developed by the company in an effort to enhance shareholder value. In the short term, I will be revamping the company's website with new contact information and with a goal of making it more reflective of the company's current asset and focus. I have also hired a consultant to assist me in all corporate affairs including, but not limited to, debt settlements and the lease development. Furthermore, I will be withdrawing my lawsuit against the Company."
Jul 15, 2013
OTC Disclosure & News Service
Reno, NV -
Reno, July 16, 2013 -- Eagle Oil Holding Company (Trading Symbol: EGOH) announced the resignation of its President/CEO, Brian Wilmot, and the appointment of a new director, Connie Helwig, a former executive of the company.
Ms Helwig will become the new CEO effectively immediately. Brian Wilmot states the following, ?Although we were engaged in efforts to achieve profitability for the Company, it was not going to occur soon enough to maintain viability in the market. After careful consideration and discussions, Eagle Oil Holding Company determined the best way to advance shareholder value was with a new management team that brought new possibilities. Ms. Helwig has additional plans to expand the Company into new oil fields.?
Ms. Helwig states the following,"As a condition of my appointment as the only director, I have vended in a lease located in Venango County, Pennsylvania. This asset will be developed by the company in an effort to enhance shareholder value. In the short term, I will be revamping the company's website with new contact information and with a goal of making it more reflective of the company's current asset and focus. I have also hired a consultant to assist me in all corporate affairs including, but not limited to, debt settlements and the lease development. Furthermore, I will be withdrawing my lawsuit against the Company."
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