Sun, Feb 26, 2012, 7:25 AM EST - U.S. Markets closed

Texas Wyoming Drilling Approved by FINRA for 2 for 1 Split

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TWDL.PK0.008-0.00

 

LAS VEGAS, Jan. 17, 2012 /PRNewswire/ -- Texas Wyoming Drilling (OTC: TWDL.PK - News) announced today that they have been notified by FINRA that they have received the necessary documentation to officially announce a two (2) for (1) forward split of its common shares. The split will be effective January 23, 2012 and will be paid to all shareholders, including purchasers up to the close of the market on that date.

All shares held in street name will be automatically deposited to shareholders accounts. Holders of restricted shares will be required to call Pacific Stock Transfer and request a certificate for their additional shares at (702) 361-3033.

FINANCIALS

The Company has posted its financials through the third quarter (September 30, 2011). They may be viewed at http://www.otcmarkets.com. Enter the symbol TWDL and click on "financials."

GEOLOGICAL REPORTS

TWDL is to obtain further geological reports when actual mining starts at the Blue-Jacket mine, at this time the geologist will be able to pursue a complete evaluation  of  precious metals being processed  and   will complete his final report, However, the management plans to pursue this as soon as finances permit.

FINANCING

The Company continues to negotiate for financing for a processing plant and other current needs.

THE COMPANY

TWDL is a diversified mining company, mining gold and precious metals as well as calcium carbonate and decorative rock through its Legacy Rock Division.

FORWARD LOOKING STATEMENT

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the securities Act of 1933 and 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.

Media and Investor Relations Contact:
Al Roensch
Phone: (415) 342-1779
Email: aroensch@aol.com

 

 

2 comments

  • David  •  San Diego, California  •  1 month 8 days ago
    I find it hard to believe that not much volume there today even though the company is offering 2 for 1 split. I mean if have 100,000 shares at an average of 3 cents. That's 3000 dollars investment that could net you 3000 dollars by end of the month. TWDL has a lot of potentials and shareholders are not seeing it. They're expecting several reports since Last October and I know its disappointing not to see it yet. But Patience is a virtue and the company lacks funding and when that is completed. Then we could see a runup in the stock in the near future.
    The company is doing the best it can with all the operating expenses and its not going anywhere. Once TWDL get their financials signed by the auditors, then the next step is to become a reporting company. This will lead to more exposure with brokerage firms. I know people don't give the company credit and I understand the shareholders frustration. but give TWDL time and your patience will pay off in 2012. I know TWDL has a lot going and its yet to materialze. But when it does, we're going to be happy shareholders. I am firm believer in the company and its future. I know it will become a prosperous company and we will too in the process. Invest in TWDL.. invest in your future..I am not paid to do this but I have been a shareholder of the company for a while now and trust in TWDL has not been shaken at all.
    If the company do not have what it takes as far as Gold, Platinum and other minerals. Then why none of its officers sold any shares since they released the report on Gold last June?
    TWDL has water, Rocks, Carbon Calcite, Gold, Platinum and other minerals. When TWDL gets financing done, then you will it rock like you never before. Good luck to you all and God bless.
  • Eli  •  San Diego, California  •  1 month 7 days ago
    I know the forward split is the right thing to do for TWDL to reward its shareholders. TWDL has many news releases and its officers yet to sell one share. that tells us that the company is looking to cash their stock and its very unique penny stock company for its officers not to sell their shares as of yet. that should give us full trust in what their doing even though things are slow to happen but it will sure eventually come thru. I know in my heart that TWDL has what they claim and it will become a reality in 2012. TWDL is here to stay and it will hold firm no matter what. Finra will not have approved the forward split without first looking into TWDL financials. Many penny stock companies are getting rejected for splits. Its not like before where it was approved right away. TWDL is doing the best it can under the tough economic times and keeping up with the operating expenses. My gut feeling is that away is not too far away from getting funding to finance their operation and build the processing plant. Once they start processing the minerals even with few millions of dollars a month, that should put the stock at least a min of one dollar per share. so what you all waiting for buy TWDL today and get rich tomorrow. Best of luck to you all and TWDL future is very bright and will be prosperous for all its shareholders.
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