Entrex is pleased to announce the launch of Perna Oil’s $250 million acquisition plans together with The Entrex Oil and Gas Market.

Entrex (OTCMKTS:UNSS)

BOCA RATON, FLORIDA, UNITED STATES, February 4, 2021 /EINPresswire.com/ -- Entrex (OTC: UNSS) (https://Entrex.Market) is pleased to announce the launch of Perna Oil’s $250 million acquisition plans together with The Entrex Oil and Gas Market (https://oilandgas.entrex.market/).

“Our company, Perna Oil, sees how the market today has some great opportunities to acquire various assets at discounted prices. We envision creating a diverse group of cash-flowing oil and gas production - providing investors a royalty based alternative yield security” said Chris Feller, CEO of Perna Oil (www.pernaoil.com).

“The Perna team brings significant history and proven capabilities to these transactions” said Tom Harblin, partner in the Entrex Oil and Gas Market. “We believe this is a great start providing capital access to private producing oil and gas entities.”

Stephen H. Watkins, CEO of the Entrex Oil and Gas Market suggested; “Chris’ business model will fit well into our public Oil and Gas security strategy we recently filed with the SEC. We believe assembling a public royalty product with historically producing oil and gas assets could be the beginning of a unique method for private companies to access public capital”.

Paul D. Landrew, Chairman of UNSS said; “The Entrex Oil and Gas Market team have some innovate products which could really change private oil and gas companies access to capital. While the team works to close these transactions, we’re focused daily on getting UNSS up-to-date with the SEC and OTC. I’m pleased that 2021 has launched with an aggressive start while we all work through the ‘new norm’ of these pandemic challenges.”

About Entrex:

Entrex (OTC: UNSS) was founded in 2001 as a “capital market system for entrepreneurial companies”. Today Entrex creates regulatory compliant niche capital market systems which support regulated market constituents to originate, structure, place, trade, settle and service securities of entrepreneurial companies. Working together with industry sector leaders and regulated market constituents the Entrex platforms allows investors to find, research, track, manage, and trade entrepreneurial securities whether geographic (www.EntrexFloridaMarket.com), sector or commodity (www.EntrexCarbonMarket.com) focused. www.Entrex.Market

Forward Looking Statements:

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These also include statements relating to the anticipated benefits of the announced transaction between the Company and Entrex. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include the Joint Venture’s ability to successfully pursue its business plan, the possibility that the Company’s equity interest in the Joint Venture may be diluted as a result of capital raises by the Joint Venture, the possibility that Entrex may have the right to repurchase the previously contributed assets for nominal consideration, the Company’s ability to develop and commercialize new technologies, the Company’s history of losses and expectation of further losses, its ability to expand its operations into blockchain technologies, its ability to develop or acquire new brands, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward-looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward-looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

For further information:

Stephen H. Watkins
Entrex Oil and Gas Market
(561) 465-7580
info@Entrex.net

Paul D. Landrew
Universal Solar Technology Inc. (OTC:UNSS)
(832) 229-7046
paul.landrew@universalsolartechnology.c

Stephen Watkins
Entrex Holding Company
+ +1 9548566659
email us here
Visit us on social media:
Twitter
LinkedIn