Eagle Oil Holding Company Announces Resignation of Brian Wilmot, CEO
July 15 2013 - 5:29PM
OTC Markets
Reno, July 16,
2013 -- Eagle Oil Holding Company (Trading Symbol: EGOH)
announced
the resignation of its President/CEO, Brian Wilmot, and the
appointment of a
new director, Connie Helwig, a former executive of the
company.
Ms Helwig will
become the new CEO effectively immediately. Brian Wilmot states the
following,
?Although we were engaged in efforts to achieve profitability
for the
Company, it was not going to occur soon enough to maintain
viability in the
market. After careful consideration and discussions, Eagle Oil
Holding
Company determined the best way to advance shareholder value
was with a
new management team that brought new possibilities.
Ms. Helwig has
additional plans to expand the Company into new oil
fields.?
Ms. Helwig states the
following,"As a condition of my appointment as the only director, I
have
vended in a lease located in Venango County, Pennsylvania. This
asset will be
developed by the company in an effort to enhance shareholder value.
In the
short term, I will be revamping the company's website with new
contact
information and with a goal of making it more reflective of the
company's
current asset and focus. I have also hired a consultant to assist
me in all corporate
affairs including, but not limited to, debt settlements and the
lease
development. Furthermore, I will be withdrawing my
lawsuit against
the Company."
Further details of the expansion and other plans will be
forthcoming in
future news releases. New contact information will be provided
shortly.
Forward- Looking
Statements
Safe Harbor Statement:
This press release contains forward-looking statements that reflect
the
Company's current expectation regarding future events. Actual
events could
differ materially and substantially from those projected herein and
depend on a
number of factors. Certain statements in this release, and other
written or
oral statements made by Eagle Oil Holding Co. and InPlays Sports
Corp are
?forward-looking statements? within the meaning of Section 27A of
the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934.
You should not place undue reliance on forward-looking statements
since they
involve known and unknown risks, uncertainties and other factors
which are, in
some cases, beyond the Company's control and which could, and
likely will,
materially affect actual results, levels of activity, performance
or
achievements. The Company assumes no obligation to publicly update
or revise
these forward-looking statements for any reason, or to update the
reasons
actual results could differ materially from those anticipated in
these
forward-looking statements, even if new information becomes
available in the
future. Important factors that could cause actual results to differ
materially
from the Company's expectations include, but are not limited to,
those factors
that are disclosed under the heading "Risk Factors" and elsewhere
in
documents filed by the Company from time to time with the United
States
Securities and Exchange Commission.
Contact Information:
eagleoilholdingcompany@gmail.com
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