
Bionic Products, Inc. Officially Changes Name to Texas Oil and Minerals, Inc.
HOUSTON, May 20, 2011 /PRNewswire/ -- Texas Oil and Minerals, Inc., formerly Bionic Products, Inc. (Pinksheets: BNPD), proudly announces the Nevada Secretary of State has officially accepted its name change and merger with the Texas Corporation. The company has also filed all supplemental paperwork with FNRA and CUSIP. Texas Oil and Minerals, Inc. will retain its ticker symbol, BNPD, until CUSIP assigns a new symbol in the following days. www.texasoilandminerals.com
Texas Oil and Minerals CEO, Tom Gouger, states, "This was an important move for us a company's name is its flagship and it's important that we give shareholders a name to go with the company they invest in, while at the same time allowing us to expand our brand universally as a publicly traded company."
He continues, "We have several impactful announcements to make and it was important to ensure that these elements for success are released in line with a strong brand. We feel confident that the name change will have a positive effect on market integrity and prospective shareholders as we move forward."
About Texas Oil and Minerals (BNPD)
Texas Oil and Minerals creates value by acquiring and exploiting reserves in fields specifically targeted for oil and high-rate return North American clean burning natural gas. We are involved in prospects that range in value from $1,000,000 to $5,000,000, which include seismic and land projects, drilling prospects and the purchase of producing properties. Our team is comprised of highly skilled industry professionals who leverage their knowledge toward the success of our business. With more than three generations of collective experience, this team of professional and talented production personnel can provide innovative exploration and development solutions focused on creating exceptional returns in oil and gas through acquisition and exploration.
Safe Harbor Statement:
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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SOURCE Texas Oil and Minerals, Inc.
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