HOUSTON, Jan. 18, 2017 /PRNewswire/ -- Turner Valley Oil and Gas, Inc. (the "Company") (OTC:TVOG), pending name change to Turner Venture Group, Inc., is pleased to announce it has engaged Discount Edgar, Inc. to handle SEC Filings as a critical next step in meeting standards to become OTCQB listed and complete its acquisitions.
The Company's M&A activities have been evolving due to several reasons including passing on several acquisitions due to either due diligence failures or trade discussion disagreements. Performing the right acquisition to establish a strong platform to "build and bolt on" is mission critical to Turner and its shareholders. The Company, with the advice of its investment banking advisors, have now identified a suitable platform in alignment with its mission and long-term goals.
The Company has made significant progress in the past year including getting the company's financials current with OTC Markets; successfully going through the proxy process to increase the number of authorized shares in preparation to make acquisitions; and initiating a name change to Turner Venture Group (pending audit and SEC filings current status requirements).
The Company fully expects to make further acquisition announcements in the near future as we work toward building a new company around these strategic acquisitions. Turner is planning to begin filing 8Ks on EDGAR as material events are released. This is another step toward becoming a fully reporting company.
About Turner Valley Oil and Gas, Inc.
Turner Valley Oil and Gas, Inc. (pending name change to Turner Venture Group, Inc.) (OTC:TVOG) is a business holding company, with a historical focus on energy related holdings. The Company's acquisition model is focused on finding and evaluating profitable small to mid-sized businesses as merger & acquisition candidates where cash flow can be improved through its buy, build & bolt-on model.
Certain statements in this press release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
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SOURCE Turner Valley Oil and Gas, Inc.