Shareholder Moves to Solicit Proxies for TexCom, Inc. Shareholder Meeting

HOUSTON, March 31, 2014 /PRNewswire/ -- Houston, Texas, privately held Weekley Energy Holdings, LLC ("Weekley") announced today that it has sent a letter to the shareholders of publicly listed Houston-based TexCom, Inc. requesting that proxies be sent to Weekley that will demand a shareholder meeting of TexCom be called. The Weekley letter states,

"Over the past few years I have monitored the stock of TexCom, Inc. ("TexCom") and did not purchase the stock until recently.  I believe this stock is grossly undervalued as a consequence of (a) it is not reporting as a public company under the 1934 Act, (b) its moving its state of incorporation from Texas to Nevada, and (c) management's failure to take steps to maximize the share price.

On this basis I am asking you for your Proxy to demand a shareholders' meeting to nominate new board members and to demand that actions be taken to increase shareholder value and to make the company a fully reporting 1934 Act Company.

Please mail your completed proxy to me on or before April 10, 2014 so I can go before management to demand a shareholders' meeting to protect our interests."

Further information is available by contacting:

William B. Weekley
713.882.8002
[email protected]

SOURCE Weekley Energy Holdings, LLC