Patriot Energy Corporation
PINK SHEETS : PGYC

Patriot Energy Corporation

March 24, 2009 11:29 ET

Patriot Energy Now Reporting

MONTREAL, QUEBEC--(Marketwire - March 24, 2009) - Patriot Energy Corp. (PINKSHEETS:PGYC) announces today that it has begun reporting through Pinksheets news services and expects to file complete disclosure report by the end of the month.

Patriot Energy has filed several reports thus far and expects to complete all required filing and become fully reporting by the end of the month of March. "The progress our company has made over the past month is truly remarkable and we want to assure our shareholders and stakeholders that the company is also following steps to fully comply with reporting and corporate governance practices" said Tony Bisante, President and CEO of Patriot Energy Corp. "Becoming a fully reporting company means that we will be ready to graduate to the NASDAQ over the next 18 months. However, many issues still require solving including the price per share" further added Mr. Bisante.

About Patriot Energy Corporation

Patriot Energy Corp. is a management holding corporation, which owns a wholly owned subsidiary named Telteck Solutions and owns a 99 year exclusive leased license agreement with Tectane Technologies Corporation for the Dual H2O Engine Oxygenator and New Tri-Brid Engine (Electric/Flex-Fuels/H2O) Technologies. Patriot Energy specializes in the development and marketing of energy efficient technologies with a focus on reducing America's dependence on Foreign Oil.

Total Shares Outstanding (fully diluted): 193,500,000

www.patriotenergycorporation.com

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Momentum IR
    Max Gagne
    514-913-0351
    877-253-7001