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Author Topic: CADD .23Merge With Two Other Strong Oil Production Contractors
matto
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[Big Grin] HUGE NEWS:


Caddo International Announces Agreement to Merge With Two Other Strong Oil Production Contractors

OIL CITY, LA, Jan 08, 2008 (MARKET WIRE via COMTEX) -- Mario Lanza, President of Caddo International (PINKSHEETS: CADD), announced today the Company has reached an agreement in principle to merge with two larger oil production contractors in the Caddo Pine Island Area. These Companies are both well established and had combined revenues last year of over $4,000,000.
Also, with the assets of these two companies, Mr. Lanza noted that Caddo will have ten pulling units and over $3,000,000 of oil field equipment in place, ready to take advantage and service the needs of the expanded demand for oil production in the area.

Management stated that with these companies as part of the Caddo group, there is no doubt that Caddo will be a dominant player in the Caddo oil field area and Mr. Lanza predicted that during 2008 revenues of $12,000,000 should be achieved.


Contact:
Mario Lanza
President
318-995-0404

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Posts: 4921 | From: Rhode Island | Registered: May 2005  |  IP: Logged | Report this post to a Moderator
matto
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Estimated Market Cap
206,504.35 as of Jan 7, 2008
Outstanding Shares
897,845 as of Oct 16, 2007


http://stockcharts.com/h-sc/ui?s=cadd&p=D&yr=0&mn=3&dy=0&id=p40206635622

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Trading is a blast!!

Posts: 4921 | From: Rhode Island | Registered: May 2005  |  IP: Logged | Report this post to a Moderator
Jacob
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Caddo International Announces Signed Letter of Intent
Thursday January 10, 2:31 pm ET


OIL CITY, LA--(MARKET WIRE)--Jan 10, 2008 -- Caddo International (Other OTC:CADD.PK - News) management announced today a letter of intent has been signed between Caddo International and Tex-Jet. Tex-Jet is a company specializing in gas lift production systems in the oilfield. This pump system extends pump life and reduces operating costs significantly because it has no moving parts. In Louisiana, Tex-Jet is working with Caddo International to complete the installation of 3 Tex-Jet gas lift systems in 3 oil and gas wells producing from the Paluxy formation. The life of the Tex-Jet pump is estimated to be 5 years after installation.
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President Mario Lanza stated, "These pumps are very effective because they are not damaged by the formation sand. The traditional down-hole pump wears out in 1 year on average. If we can extend the pump life to 5 years this could significantly increase the profitability of an oil well by cutting the cost of rig time."

Caddo International is looking to acquire all Tex-Jet stock and spin off a company. Every 20 shares of Caddo International owned by the current shareholders will receive 1 share of Real-Co. Updated information on this news will be released next week.

About Caddo International, Inc:

Caddo International, Inc. is a provider of products and services to the oil and gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the Louisiana and Texas regions.

The statement in this press release regarding any implied or perceived benefits from existing oil and gas field properties, actual reserves and revenues to be derived from the reserves, plans to drill additional oil and gas wells, anticipated revenues, the acquisition of additional oil or gas leases, maintaining mineral lease rights, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the continued production of gas at historical rates, costs of operations, delays, and any other difficulties related to producing minerals such as oil or gas, continued maintenance of the oil field and properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage continued growth.

Forward-Looking Statements - Safe Harbor:

Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

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Jacob
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matto

Do have any opinion on this:

Caddo International is looking to acquire all Tex-Jet stock and spin off a company. Every 20 shares of Caddo International owned by the current shareholders will receive 1 share of Real-Co. Updated information on this news will be released next week.

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live2trade
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could be a momo play today - caught a posting on another board about recommedation for the company on january 11th.

More news...she moves back up Monday!

International Stock Targets: Corporate Follow-up on Caddo International for our Small Cap Watch List

Jan 11, 2008 (M2 PRESSWIRE via COMTEX) -- International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our newest "Stock Target". Please note that the following is an investment opinion issued by International Stock Targets. For full details on this equity visit the attached link and we highly recommend that all interested small-cap investors contact phone one of our representatives toll free 1 866 657 3334 to get access to our "small-cap" stock pick of the year. Thursday, January 10, 2008 Caddo International had a news release that once more caught our attention at International Stock Targets. We would therefore like to update you on Caddo International (PINKSHEETS: CADD) for our Small Cap Watch List, to see a sample of our newest report view this link

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Posts: 159 | From: Phoenix | Registered: Aug 2007  |  IP: Logged | Report this post to a Moderator
   

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