SOURCE: Infinity Energy Resources, Inc.

Infinity Energy Resources, Inc.

July 14, 2011 08:28 ET

Infinity Energy Resources Announces Effectiveness of Form 10 Registration Statement

Shares of Fully-Reporting Company Expected to Trade on OTC Bulletin Board and/or OTCQB

OVERLAND PARK, KS--(Marketwire - Jul 14, 2011) - Infinity Energy Resources, Inc. (PINKSHEETS: IFNY) ("Infinity" or the "Company"), an independent oil and gas exploration and development company, today announced that its Form 10 Registration Statement, which was initially filed with the Securities and Exchange Commission ("SEC") on May 13, 2011, has become effective.

The Form 10 is a general form for the registration of securities pursuant to section 12(b) or (g) of the Securities Exchange Act of 1934.

"We are very pleased to announce the effectiveness of our Form 10 filing," stated Stanton E. Ross, Chief Executive Officer of Infinity Energy Resources, Inc. "Infinity is once again a fully-reporting company. We anticipate that trading in IFNY common stock will soon commence on the OTC Bulletin Board and/or the OTCQB."

"As a fully-reporting company, Infinity will resume the filing of its quarterly and annual financial statements with the SEC on Forms 10-Q and 10-K, respectively. We expect to file our 10-Q for the quarter ended June 30, 2011 in early August," continued Ross. "The disclosure provided by regular SEC filings will be welcomed by our current shareholders and potential new investors."

About Infinity Energy Resources, Inc.

Infinity Energy Resources, Inc.'s primary operations involve exploration and development activities associated with oil and gas concessions covering approximately 1.4 million acres offshore Nicaragua in the Caribbean Sea.

Infinity is headquartered in Overland Park, Kansas and its common stock is currently traded on the Pink Sheets under the symbol "IFNY.PK". The Company's financial statements and additional information are available on the Internet at www.sec.gov or www.ifnyoil.com .

Forward-Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Forward-looking statements in this press release include the success of the Company's plans to move forward with exploration and development activities in Nicaragua; whether the Company's common stock will become tradable on the OTC Bulletin Board or the OTCQB. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company, including risk factors, are contained in its Registration Statement on Form 10 filed with the Securities and Exchange Commission.

Contact Information

  • For additional information, please contact:

    Stanton E. Ross
    President/CEO
    (913) 948-9512