QualityStocks would like to highlight
Innocent, Inc. (
OTCQB: INCT), a development stage oil and gas exploration and production company focused on developing properties in North America. The company plans to minimize the risk of exploration through development of proved petroleum reserves, and expects to maximize profit through strategic acquisition and liquidation of selected oil and gas properties.
In the company’s news,
Innocent Inc. announced that it has made Denis Clement a member of the Company’s newly formed advisory council. Mr. Clement has been involved in finance, law, M&A, management and entrepreneurship within a variety of industries for over 30 years. Other areas of expertise are in the areas of oil and gas, mining and technology.
At present, Mr. Clement provides advisory services for different companies around the world and serves on the Board of Directors of multiple private and public companies.
Following his graduate studies, Mr. Clement began his career as an attorney in the areas of international trade, corporate reorganizations, banking, finance and corporate law with Canadian law firm, Smith Lyons, Torrance, Stevenson and Mayer, in Toronto.
Mr. Clement co-founded a technology and equipment finance company in the mid 1980’s that grew to over $800 Million in assets at the time of his departure. Over this nine year assignment, Mr. Clement was actively immersed in the business with everything from senior management to marketing and sales, M&A, and finance. He also played a pivotal role in helping the Company raise approximately $1 Billion in equity and debt.
Since the late 1990’s, Mr. Clements’ financial expertise has been used to help create numerous companies, including CGX Energy Inc. CGX was the largest independent oil and gas offshore concession holder in South America (Guyana). There he held the post as founding president.
Commenting on the news of the appointment was CEO Patrick Johnson. He stated, “We are very excited to have Denis as a part of our team. His experiences over the past 30 years will strengthen our company, and his insight will greatly enhance our strategy as we move forward.”
Innocent Inc. works daily to minimize the risk of exploration through development of existing petroleum reserves. Its overarching expectation is to maximize profit through strategic acquisition and liquidation of selected oil and gas properties.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
