SOURCE: Texas Wyoming Drilling, Inc.

May 10, 2011 01:00 ET

Texas Wyoming Drilling, Inc. Takes Steps to Qualify for OTCQB

LAS VEGAS, NV--(Marketwire - May 10, 2011) - Texas Wyoming Drilling, Inc. (PINKSHEETS: TWDL), today announced that in an effort to improve transparency, liquidity, and tradability for shareholders, Texas Wyoming Drilling has made a decision to complete the necessary steps to move their trading platform to the OTCQB. This requires fully audited financials by a Public Company Oversight Board Certified Public Accountant. Texas Wyoming Drilling has completed its accounting and preliminary audit and the Company is now searching for someone to fill this position and complete the audit. In addition to the audited financials, the Company is required to file certain legal documentation with the Securities and Exchange Commission. The Company has retained the services of legal counsel to file these forms and write the opinion letters.

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Cautionary Note Regarding Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Texas Wyoming Drilling, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

Contact Information

  • Contact:

    Media and Investor Relations Contact:
    Guy Vinci
    (386) 985-5853