THCB .139 Breaking news out minutes Ago! Texas
Post# of 98051
THCB .139 Breaking news out minutes Ago!
Texas Hill Country Barbecue, Inc. Announces Negotiations With an Oil &
Gas Services Company
IRVING, TX, Oct 10, 2012 (MARKETWIRE via COMTEX) -- Jerry Monday, President and
Chairman of the Board of Texas Hill Country Barbecue (PINKSHEETS: THCB),
announced today THCB has opened negotiations and expects to sign a letter of
intent soon with a Texas-based oil and gas services company. The oil and gas
services company owns and holds interest in several thousand acres of oil leases
and producing oil and gas wells in East Texas, and is engaged in acquisition,
development drilling, exploration and production of crude oil and natural gas.
"We are exploring ways using convertible warrants and common stock that will pay
dividends to acquire current and long-term oil and gas production. We anticipate
this strategy will provide the basis for a profitable future for THCB and
potentially increase shareholder value," said Monday.
This Press Release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act
of 1934. A statement containing works such as "anticipate," "seek," "intend,"
"believe," "plan," "estimate," "project," "plan," or similar phrases may be
deemed "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Some or all of the events or results anticipated
by these forward-looking statements may not occur. Factors that cause or
contribute to such differences include the future U.S. and global economies, the
impact of competition, and the Company's reliance on existing regulations.
CONTACT:
JERRY MONDAY
Email Contact
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