INTERNATIONAL ENERGY LTD., INC. (PINKSHEETS: ILGL) is proud to announce that effective immediately, International Energy is open for business and is starting to roll the assets of the corporation's previously announced business plan onto the books and records, as assets, of International Energy.
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Jefferson Bootes, International Energy's President, former CEO and Chairman, is quoted as saying, "I would like to take this opportunity to first apologize to our shareholders for the long delay in executing our business plan. As you have probably read, the OSC and SEC have now taken the appropriate legal action against the former transfer agents and their owners out of Toronto, Canada. While this was in process, we felt it prudent not to commence with our plans, but rather to wait until action had been taken. Now with this behind us, International Energy is ready to move forward to execute our Business Plan bringing much needed value and stability to you, our shareholders." Mr. Bootes goes on to say, "To this end, I would also like to thank our shareholders for their patience and continued support through these tough times." "The time lost however was not time wasted. In the interim I have been solidifying the contracts for coal properties and finalized a deal with Mr. Norman C. Buenaflor, of Florida, to bring Uranium mining claims in Canada into International Energy Ltd., Inc. Mr. Buenaflor will be joining us full time as the new Chairman, President and CEO of International Energy Ltd., Inc., while I step back as Executive Vice President, directly in charge of all international Coal Mining Properties and Operations." With this acquisition, International Energy, Ltd., Inc. will seek out a slightly new direction in the uranium and coal energy markets, as allocation suppliers, traders and dealers. International Energy Ltd., Inc., now with its newly acquired network of buyers and sellers around the world and its new staff of seasoned uranium and coal trading professionals, attorneys and CPAs, will help facilitate the ease of process between buyers and sellers of actual, tangible allocations of energy products.
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