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[QUOTE]Originally posted by luckylindy: [QB] VHGI NEWS:Virtual Health Technologies, Inc. Announces Formation of VHGI ENERGY, LLC 3/3/2010 6:01:00 AM - Article #3145 http://mfrtech.com/articles/3145.html Lexington, Ky.,--VirtualHealth Technologies, Inc. (OTC Bulletin Board: VHGI) soon to be renamed VHGI Holdings, Inc. has announced the formation of a new subsidiary, VHGI Energy, LLC. VHGI continues to move forward with its strategy of carefully selecting opportunities to gain entry into the established gold and energy markets. This strategy began in 2009 with the lease of treasure Gulch and the option to purchase Treasure Gulch gold mine in Prescott, AZ soon followed by the formation of VHGI Gold, LLC, VHGI’s gold and precious metals subsidiary. “Our overall strategy from day one and our corporate focus has been to be in a position where we could use our management’s relationships to develop business models that produce recurring revenue streams or residual based income,” stated the company CEO Scott Haire. The establishment of VHGI ENERGY marks the formal entry of the company into the oil and gas industry. It has already begun dialogue with various opportunities in that industry which it plans to disclose in the near future. According to Jim Renfro, VHGI President, “I feel that having added the oil and gas division to our expanding portfolio of mineral and energy companies it fully complements and formalizes our mission going forward.” VHGI is a diverse company with assets and interests focusing on opportunities within the Healthcare Technology Industry and Precious Metals Markets. VHGI Gold, a wholly owned subsidiary of VHGI has recently initiated steps to leverage the company's operating history and corporate resources within the Gold Mining Industry and intends to pursue these opportunities through Lease-Purchase opportunities, Acquisitions and Joint Ventures. [/QB][/QUOTE]
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