Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Vortex Resources (OTCBB: VXRC) on their exclusive penny stock alert service. Mr. Dean comments, Our recent ideas have booked big double-digit gains, and we expect nothing less from our latest alert today --Vortex Resources Corp (VXRC) which officially operates as a natural resources exploration company. It focuses on the acquisition, exploration, development, and production of oil, natural gas, and mineral properties. The Company principally holds interest in 180-well infill drilling program in Adams- Baggett field to produce natural gas from Wolfcamp Canyon Sandstone reservoir located in Crockett County, Texas.
We think the real reason you need to be watching VXRC right now is for the potential deal with the YaSheng Group, which is a group of companies engaged in the agriculture, chemicals and biotechnology businesses in China. You see, earlier in the year VXRC signed a term sheet agreement with YaSheng for the development of a logistics centre and eco-trade cooperation zone in California which could spell a huge opportunity for VXRC and its shareholders.
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About Vortex Resources
The Company's business has been the identification and acquisition of undervalued assets within emerging industries for the purpose of consolidation and development of these businesses and sale if favorable market conditions exist. The Company's objective is to find, acquire and develop resources at the lowest cost possible and recycle its cash flows into new projects yielding the highest returns with controlled risk. The Company's competencies include financial services, mergers and acquisitions, accounting, real estate development, and natural resources exploration. The Company is currently in the process of developing a logistics center. As part of its strategy to develop a logistics center, the Company has entered a term sheet with Yasheng Group in which Yasheng Group, among other things, has agreed to contribute real property for the development of a logistics center. Further, the Company and Yasheng Group have jointly entered into a cooperation agreement with Legend Transportation based in Texas. As a result of the above, the Company is in the process of changing its name to Yasheng Eco-Trade Corporation.
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OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars by a third party (Blue Wave Advisors) for VXRC advertising and promotional services.