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Bering Exploration Acquires Additional Leasehold on Its Singer Prospect
HOUSTON, Oct. 10, 2011 -- Bering Exploration, Inc., (otcqb:BERX) announced today that it has acquired an additional leasehold on its prospect located in Singer, Louisiana bringing the total leasehold to 320 acres. This prospect will target five potential zones from 9,600' to 10,600' and has potential gross reserves of 1,300,000 barrels of oil. Bering currently owns a 100% working interests in this prospect.
"Now that we have completed the acquisition of this additional acreage we will begin the initial steps to prepare the drill site," stated Steven Plumb, VP of Finance of Bering. "We hope to begin drilling operations on this prospect during this calendar year."
About Bering Exploration, Inc.
Headquartered in Houston, Texas, Bering Exploration, Inc. is an independent oil and natural gas company that focuses on identifying, evaluating, developing and acquiring potential natural gas and oil wells in the Gulf Coast onshore region. Additional information about Bering can be found on the web at www.beringexplore.com.
Safe Harbor Statement
This press release contains statements that may constitute forward-looking statements and are based upon assumptions that management believes to be reasonable. A number of risks and uncertainties could cause actual results to differ materially from these statements, including, without limitation, the success rate of exploration efforts and the timeliness of development activities, leasing of the target acreage, fluctuations in oil and gas prices, access to acquisition and development capital, achieving economically viable wells, and other risk factors described from time to time in the Company's reports filed with the SEC. In addition, the Company operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond the Company's control. For additional information about Bering's future business and financial results, refer to Bering's Quarterly Reports on Form 10-Q and Annual Report on Form 10-K and other reports, which are on file with the Securities and Exchange Commission. Bering undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.
Andiamo Corporation ANDI: Create Your Own Smartphone App
ST. PETERSBURG, FL -- 10/06/11 -- Andiamo Corporation (pinksheets:ANDI), a subsidiary of Action App Corporation, announces a new service that will make it simple to create a smartphone app full of features, including SMS text marketing for business promotion. It will also create your business icon to be placed directly on customers' phones for increased awareness and it includes unlimited text marketing at no additional charge.
"Every company with a website now needs the migration of their information into mobile apps and we see this as an emerging market that has the opportunity to explode. I always liked the text to market campaigns, but our previous attempt was simply too expensive to maintain. With this technology, customers can create their own apps, modify their apps and create their own text campaign for a low monthly fee. This refined process eliminates the need for inside technical staff, thereby increasing the potential profitability. As this gains in popularity, it will increase our income with recurring revenues to complement our App development.
This service can be accessed through our website at http://action-app.com/?page_id=59
While this is not a proprietary business model, we feel that we can do well to develop this market based on our previous business experience.
We will look to hire salespeople after the end of the year, as our number one goal right now is app deployment and positioning for the upcoming holiday season," said Dustin Secor, CEO of ANDI.
Safe Harbor Statement
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Action Products International, Inc. Updated Financials and Removal of Stop Sign
NEW YORK, NY -- 10/10/11 -- Action Products International, Inc. (pinksheets:APII) today is announcing the completion of corporate financial statements and the removal of the stop sign onhttp://otcmarkets.com by the end of this week.
Gary Polistena, CEO of Action Products set out to reorganize, and rebuild a new vision for the company a few months ago. His first step to bring transparency to investors within the company is the removal of the STOP sign and becoming current with the financials, which are expected to be online and executed by the end of this business week. The company has built an exciting vision and the outlook for future possibilities and relationships that maximize growth for the company and investors is beginning.
"The Board of Directors and I are very pleased about the current financial statement," said Gary Polistena, CEO of APII. "The company progress is very exciting and we expect rapid developments as we proceed further into the fourth quarter. The cloud computing industry is expected to grow by 10-fold over the next five years alone, and I believe our opportunity for profits domestically and in the international marketplace is huge. The issuance of financials and removal of the stop sign is just the first step in our evolution. I want to especially thank shareholders and investors for their continued belief in the re-transformation of APII. With the introduction to open market communications, and recent business opportunities in Asia, I believe our revenue will grow significantly throughout the coming quarters. As CEO, I feel that international trade and revenues will be a vital asset to our continued growth. It is not often that a company of our size is able to meet directly with someone like the Foreign Minister of Bangladesh and we will be executing on all opportunities for job creation and revenue that this avenue has opened up. Our upcoming web presence is being put into place to maximize market penetration, which will allow us to reach out to investors and customers like never before in the history of the company."
Action products will be launching a new corporate presence on the Internet during the fourth quarter. The company will be working closely with business partners to create a technologically advanced and sophisticated web presence that allows investors to keep up to date with company developments, acquisitions, and customers. This new web presence will allow the company to build and maintain relationships with customers and suppliers and allow our services to be showcased to the world. Investors can expect to have available direct lines of communications through all forms of advanced social media from this point forward.
About Action Products International, Inc.
Action Products International, Inc. (pinksheets:APII) is seeking to acquire or merge with companies with growth opportunity within the cloud computing services segment of the market. The company's business model is to bring together companies that deliver technology and services in applications, software, social media and infrastructure as a service.
Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
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