Paradigm Oil and Gas, Inc. Signs New Leadership
EUSTACE, Texas, Nov. 19, 2012
/PRNewswire/ -- Paradigm Oil and Gas, Inc. (PINKSHEETS: PDGO)
announced today that the company has hired a new President,
Vince Vellardita who brings years of
experience and endless connections to the company.
Mr. Vellardita brings 35 years of experience in business and
banking and has been involved in running several public companies,
the latest being in the Entertainment Production industry
www.bridgeporttv.tv. Vellardita has raised over $200 Million dollars for at least 10 companies in
the past 20 years and has a long list of Wall Street banking
contacts.
Mr. Vellardita has produced Presidential Campaigns and has
directly worked with many high profile clients and governments
throughout the world. He has also produced Super Bowl half
time shows, movies, and live theater events from Broadway to
Las Vegas. His connections run
deep and he hopes to ignite new interest and energy in Paradigm Oil
and Gas, Inc.
Vince Vellardita, President of
Paradigm Oil and Gas, Inc., stated, "I see the United States becoming the number one oil
producer and soon to be ranking as one of the top exporters
throughout the world. The more I research; I find what
Paradigm Oil and Gas, Inc. has in the company and find it very
exciting. I'm looking forward to developing these assets to
their maximum potential and making Paradigm Oil & Gas a full
revenue generating company and bottom line earnings for the
shareholders."
Todd Violette, CEO of Paradigm
Oil and Gas, Inc., stated, "I'm thrilled to bring a true
entrepreneur and visionary into the Paradigm Oil & Gas
family. I've known Mr. Vellardita for many years and have
watched him succeed in the investment banking community. I am
looking forward to his opinion and direction as to where the
Company should move towards generating more cash flow."
About Paradigm Oil and Gas, Inc.
Paradigm Oil and Gas Inc. (PINKSHEETS: PDGO) is a dynamic company
in business to both provide service work to the oil and gas
marketplace and to produce oil. Paradigm's goal is to identify oil
producing wells and use modern technology to make them profitable
based on modern commodity pricing. For more information about
Paradigm Oil and Gas, visit the website at
www.paradigmoilinc.com.
Forward Looking Statements.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks.
Paradigm Oil and Gas, Inc., is a company with limited experience in
the oil and gas industry. At the time of this release Paradigm Oil
and Gas, Inc. lacks the financial capabilities to meet its
financial obligations and its management expects to dilute the
Company's shares to raise the necessary operating capital. Based
upon industry standards Paradigm would be considered highly
speculative and lacks any competitive advantage over its
competition. Additional risks you should consider are that this
list is limited and additional risks not mentioned may apply:
failure to meet Paradigm's financial and contractual obligations,
Paradigm's managerial errors made based upon the Company's limited
experience and knowledge of the industry, commodity risk, acts of
God and regulatory risk. You should consider these factors in
evaluating the forward-looking statements included herein, and not
place undue reliance on such statements.
Contact:
Todd Violette, CEO
Paradigm Oil and Gas, Inc.
tv@paradigmpdgo.com
1-214-784-3103
SOURCE Paradigm Oil and Gas, Inc.
