EUSTACE, Texas, Nov. 29, 2012 /PRNewswire/ -- Paradigm Oil and Gas, Inc.'s (PINKSHEETS: PDGO) President, Vince Vellardita announced today that he has brought on two new executives to add to the Committee that he is building which will advise on the Company's strategy.
Mr. Vellardita added Mr. Gary Bryant to the Advisory Board and Mr. Bryant has been involved in the Oil business since he was 15 years old and has also been named one of the top investment bankers in the country by the national Investment Bankers Association. Mr. Bryant brings over 40 years of Banking and Oil experience to Paradigm Oil & Gas and will be a major asset in moving the Company's plan forward in delivering the Business Plan and increase shareholder value.
The next top Executive added to the Advisory Board is Bill von Gremp. Mr. von Gremp brings over 25 years of experience in raising capital and merging and acquisitions both in the Venture Capital side and the Public Arena. Mr. von Gremp previously owned and operated an NASD Broker Dealer company and was very successful in several deals on taking companies public and private.
Gary Bryant, stated "I have known Mr. Vellardita for over 15 years and worked with him on a project and industry that I did not have much knowledge on and I watched him develop his vision into great success. When Mr. Vellardita approached me with this opportunity in Paradigm Oil & Gas; I felt like this was the perfect fit as I have extensive comfort and experience in the Oil and Gas industry and so, I'm looking forward to once again working with Mr. Vellardita's vision and energy."
Bill von Gremp, stated "Having known Vince Vellardita for several years I was very excited to get involved with Paradigm Oil & Gas. Vince's goals to increase shareholder value are shared by me and I will be working hard to help Vince achieve that important goal."
"I have now found the right banking advisors, located my top oil executives and I'm looking forward to closing the final pieces of my Executive Committee. Having the right team in place will mean success for Paradigm Oil & Gas which is extremely exciting," stated Vince Vellardita, President of Paradigm Oil and Gas.
GARY E. BRYANT
Since 1963, Bryant has served as lead underwriter, part of the selling group or consultant to nearly 200 different companies. He has also served his nation, the investment community and microcap sector in the following roles: president, Newport Capital Consultants; co-founder, Southwest Investment Association; Chairman, San Diego Investment Conference; former chairman, co-founder, SCIA Conference; founder, director, president and treasurer of Anderson, Bryant and Co.; co-founder National Investment Banker's Association Bryant was involved as a co-founder of the Southern California Investment Association (SCIA), a comprehensive organization that offers select small-cap companies a venue to present their company to a group of investment professionals. In 2006, Bryant received the prestigious "Founders Award" from the National Investment Banker's Association. Newport Capital Consultants, Inc. (Newport) is a full service consulting firm that specializes in investment banking and mergers & acquisitions. The Newport executive team has over 60 years of combined experience and in December of 2006, Newport President, Gary Bryant, received the prestigious "Founders Award" from the National Investment Banking Association. Newport is a member of the National Investment Banking Association (NIBA) www.nibanet.org and a member of the Alliance of Merger & Acquisition Advisors (AMAA).
BILL VON GREMP
Mr. von Gremp is currently President of von Gremp Associates, a financial advisory concern that serves as a conduit between private/ public companies for investment capital and M&A advisory established in 1996. Recent transactions include the sale of a beauty care company to a private equity firm and the re-financing and subsequent sale of a US-based semiconductor foundry to a Japanese conglomerate. Mr. von Gremp began his 28-year career in finance as Founder and Executive Vice President of Direct Capital Corporation (84'-90'), a NASD Broker/Dealer. Direct Capital raised over $50 million in investor equity for the renovation of historic structures such as the Pasadena Playhouse and the Hollywood Roosevelt Hotel. Mr. von Gremp was then employed as Senior Vice President of Aslan Technologies, Inc. (90'-93') where he raised the seed capital from Harrah's Casino/Hotel chain for this theme park ride design/engineering company. The Aslan "simulators" were sold to several location-based entertainment venues and, notably, to the world famous SpaceCamp in Huntsville, Alabama. Mr. von Gremp was then hired as the Chairman and CEO of Community Advantage Foundation (93'-96"), a non-profit organization with over 6,000 members. Mr. von Gremp established a broad network of consumer service/product discounts and scholarship programs during his tenure. Mr. von Gremp attended both UCSB and UCLA from 1977-1982.
About Paradigm Oil and Gas, Inc.
Paradigm Oil and Gas Inc. (OTC Pink: PDGO) is a dynamic company in business to both provide service work to the oil and gas marketplace and to produce oil. Paradigm's goal is to identify oil producing wells and use modern technology to make them profitable based on modern commodity pricing. For more information about Paradigm Oil and Gas, visit the website at www.paradigmoilinc.com.
Forward Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Paradigm Oil and Gas, Inc., is a company with limited experience in the oil and gas industry. At the time of this release Paradigm Oil and Gas, Inc. lacks the financial capabilities to meet its financial obligations and its management expects to dilute the Company's shares to raise the necessary operating capital. Based upon industry standards Paradigm would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider are that this list is limited and additional risks not mentioned may apply: failure to meet Paradigm's financial and contractual obligations, Paradigm's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.
Paradigm Oil and Gas, Inc.
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