SOURCE: Black Stallion Oil & Gas, Inc.

December 21, 2016 10:00 ET

Black Stallion Finalizes Intellectual Property Acquisition

LOS ANGELES, CA--(Marketwired - Dec 21, 2016) - Black Stallion Oil & Gas, Inc. (OTC PINK: BLKG) (herein after "Black Stallion", "we", "our" and/or "the Company") The Company is pleased to announce it has finalized Memorandum of Understanding for the acquisition of certain assets and intellectual property utilized for the establishment of a special purpose operating subsidiary collecting, analyzing, and integrating Big Data Microservices into useful information to assist in algorithmic development for the financial industry.

Microservices currently under development gather data and interface with Microservices to enable the exchange of information to enhance intelligent algorithms. Using multiple platforms to collect and analyze data elevates algorithmic development to a new level that was previously too computationally intensive. These new mathematical processes will be able to thrive in a containerized environment, where they will be constantly fed live data by a multiple number of Microservice Libraries being hosted on the proprietary platform under development.

Using their unique, visualized Distributed Operating System Control Panel, downloading and deploying an application or a Microservice will be as easy as the click of a button. Customers will be able to create, design, and control their virtual machine directly from the Distributed Operating System Control Panel. There will be no need to program command prompts to launch a container, or an incompatible configuration obstructing your deployment.

The platform will provide the user the ability to upgrade CPU's, RAM, and storage directly from the control panel and manage your entire infrastructure as if it were a single computer, effortlessly pooling distributed workloads and simplifying rollout and operations. Source Data Science is developing the preeminent Containerization as a Service (CaaS). www.sourcedatascience.com

Please direct any enquiries through the above link for technical clarification.

This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on Black Stallion's current projections and expectations in regard to future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to Black Stallion's anticipated business prospects, strategies, new developments, financial performance and similar matters. Black Stallion disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits US companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in this press release, such as "measured," "indicated," and "inferred resources," which the SEC guidelines prohibit US registered companies from including in their filings with the SEC. US investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from our website at http://www.black-stallion-oil.com.

Contact Information

  • CONTACT:
    Black Stallion Oil & Gas, Inc.
    Mr. Ira Morris
    Ceo
    633 W. 5th Street
    26th Floor
    Los Angeles, CA 90071

    INVESTOR RELATIONS:
    Phone: 213-223-2071
    E-mail: info@black-stallion-oil.com