SOURCE: Landstar Development Group Inc.

April 17, 2014 13:55 ET

Sterling Oil & Gas Corp. Announces a Board Approved Name Change and 30:1 Reverse Split of Common Shares

DESERT HOT SPRINGS, CA--(Marketwired - Apr 17, 2014) - Sterling Oil & Gas Corp.'s (OTC Pink: SGOG) (PINKSHEETS: SGOG) board has approved a 30:1 reverse of the Company's common shares. A name change has been approved by the board. New name is Landstar Development Group Corp.

Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact Information

  • Contact Information:
    Sterling Oil & Gas
    Richard Stifel
    (714) 259-0964