Blaze Energy To Report "Current" On OTC Markets

BOISE, Idaho, May 7, 2013 /PRNewswire/ -- Blaze Energy (Pink  Sheets: BLZE) today announced that it has engaged the Investment Law Group of Gillett, Mottern & Walker, LLP to prepare the Company's financials to comply with the requirements of the OTC Markets, Over-The-Counter Pink® Current Information Market Tier, pursuant to the Alternative Reporting Standard outlined by OTC Disclosure and News Service.

OTC Markets has implemented a strict information reporting system for non-reporting companies and categorizes them in accordance to transparency elements from Caveat Emptor to Current Information for OTC Markets companies.  The Company has undertaken efforts towards complying with the Alternative Reporting Standards, and anticipates receiving acceptance to "OTC Pink Current." Blaze Energy Corp. Chairman and CEO, A. Leon Blaser, says of the reporting initiative, "We're very excited to provide a better window into the Company's marketability and transparency in the marketplace.  It's a fundamental step in our reorganization process, and a pre-requisite to becoming fully reporting in the near future."    

Subsequent to meeting the requirements of OTC, the Company plans a concerted effort to re-file its Form 10 with the Securities and Exchange Commission, as required pursuant to the provisions provided in Section 12(b) of the Securities Exchange Act of 1934.

The above release should be read in conjunction with past submissions of the Company filed with the Securities and Exchange Commission, and can be obtained online at www.sec.gov.

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the company, including risks of production variances from expectations, market volatility, the level of capital expenditures required to fund ongoing drilling initiatives and the ability of the company to execute its business strategy. These and other risks are described in the company's reports filed with the United States Securities and Exchange Commission.

These forward-looking statements are made only as of the date of this communication and Blaze Energy undertakes no obligation to update or revise these forward-looking statements.

SOURCE Blaze Energy