HE-5 Resources, Corp.

HE-5 Resources, Corp.

October 05, 2009 07:00 ET

HE-5 RESOURCES CORP., Announces Management Arrived in NYC for Closings and Monday Morning Newsletter

NEW YORK CITY, NEW YORK--(Marketwire - Oct. 5, 2009) -

HE-5 Resources, Corp. (PINK SHEETS:HRRN), Today announced management arrived in NYC for Closings and Monday Morning News Letter.

The company will be meeting with US auditors and securities attorneys, to complete the financial consolidation of the 35,000,000 EUROS asset value of the Private Swiss Bank Venture. The financial documentation must be re-assessed and revised to respond to US GAAP and recognized accounting practices.

Management has finalized the evaluation of the current financial portion, already committed in term loan and equity engagements for the European market for a total of 20,000,000 EUROS. HE-5 will be able to use up to half of the remaining working Capital for its acquisition operations and the rest for commercial financing of the Trading Barter Bank.

Management has retained the services of 2 securities attorneys who will be sharing the work tasks in 2 as follow;

1) All related documentation and value received considerations of the terms and conditions of the acquisition.

2) The Company will also revise all documentation to be completing the Forward Split requests for FINRA approval. (As previously released shareholders who had shares in their accounts at the effective date of August 17th 2009, 5:00 pm ET, will receive the equivalent number of shares, following final approval.)

Company officers have scheduled more meetings for further capitalization and acquisitions. These investors include small funds, private accredited investors, banks and brokerage firms. For the Occasion, HE-5 will complete last contractual leases and disclose the Trading Barter Bank office location in NYC.

The Final closing of the Private Swiss Bank will provide increased liquidity to our stock as well as upward pressure to the company's stock price. The company is committed to producing tangible value which will translate in a higher price per share for HE-5 Resources, Corp.

The consolidated statements of the Private bank will be booked at a 51% value, and the entity will remain and change its current corporate Name to "Trading Barter Bank". HE-5 management had previously reserved the name "Trading Barter Bank" in Nevada State for these Specific needs of its subsidiary.(Management had previously disclosed that the company would not change name. As Many shareholders asked for precisions on the "Trading Barter Bank" name, HE-5 had to keep confidential until all conditions were met.)

HE-5 will fire up this week a new Module in beta release for the "Trading Barter Bank" Community member Forum. We invite our shareholders to look for more press releases and updates this week.

We are pleased to inform you that our Web Site is available in English, Spanish, and NOW IN FRENCH.

Please visit our corporate web site at: www.tradingbartercorp.com

Or you can go to: www.he5-resourcescorp.com

New...New...New ...New....and....Now Online "Trading Barter Blog" at www.tradingbarterblog.com

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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