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PRESS RELEASE: Amerigo Energy, Inc.
Amerigo CEO provides update to shareholders
HENDERSON, Nev. January 8, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Amerigo Energy,
Inc. "The Company" (OTCBB: AGOE), is pleased to provide this update to
shareholders.
The Company has been evaluating key alliances and strategies for the company to
continue to build shareholder value. Jason Griffith, Chief Executive Officer
of Amerigo Energy, stated "One of the ways we are working towards increasing
shareholder value is by evaluating existing revenue producing and cash flow
positive companies as potential acquisition targets. We have found particular
interest in the technology space and are going to continue our due diligence
on potential acquisitions and investments."
The Company will notify shareholders of any developments once they are
finalized.
The Company also noted the cancellation of a consulting contract which will
return and cancel 1,000,000 shares of the Company's common stock. Griffith
continued, "As has been stated previously, the Company is committed to
maintaining the integrity of the capitalization structure of the company and
this is another indication of our desire to focus on shareholder value."
About Amerigo Energy, Inc.
Amerigo has historically derived our revenues from various sources.Our strategy
has developed into leveraging management's relationships in the business world
for investments for the Company.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995 Statements in this press release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical facts
may be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and
*Section 21E of the Securities Exchange Act of 1934. Forward- looking
information is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated due to a
number of factors, which include, but are not limited to, risk factors inherent
in doing business. Forward-looking statements may be identified by terms such
as "may," "will," "should," "could," "expects," "plans," "intends,"
"anticipates," "believes," "estimates," "predicts," "forecasts," "potential,"
or "continue," or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance
or achievements. The company has no obligation to update these forward-looking
statements.
For more information please contact:
Jason Griffith
702-399-977