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TURNER VALLEY OIL&GAS INC - TVOG STOCK NEWS

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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TURNER VALLEY OIL&GAS's position in the market.

Rhea-AI Summary

Turner Valley Oil and Gas, Inc. (OTC PINK: TVOG), now Turner Venture Group, announces the appointment of Kyle Williams as Chief Operating Officer, effective immediately. This follows the closing of an acquisition of Herban Healing LLC, a fully integrated CBD company. Williams, who will also be Herban's CEO, brings over 15 years of industry experience. The company aims to leverage his expertise for expanding new business efforts and pursuing further acquisitions, as it focuses on healthier living and sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.57%
Tags
management
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Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK:TVOG), now Turner Venture Group, announced a partnership with its subsidiary Herban Healing LLC to distribute Bloomi Labs' CBD hand sanitizer, BloomiClean, in Greater Houston. An initial order has been placed for distribution starting in May, with plans for expansion. This follows Turner's second acquisition in the hemp segment after acquiring Bloomi Labs in 2021. CEO Dr. Jordan Balencic emphasized the company's strategy for growth and increased shareholder value through expanded product distribution.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
none
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Rhea-AI Summary

Turner Valley Oil and Gas, Inc. (OTC PINK:TVOG) has completed the acquisition of Herban Healing LLC, a fully integrated CBD company. This marks Turner's second acquisition in the hemp and wellness sector. Herban Healing operates 3 retail locations in Greater Houston and a strong e-commerce platform, offering over 100 premium products. Turner plans to invest up to $150,000 into Herban for growth. The acquisition is expected to enhance synergies and streamline operations within Turner’s portfolio, while also expanding its market presence in the CBD sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.3%
Tags
Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK:TVOG), now operating as Turner Venture Group, announced the cancellation of 21,007,275 common shares, representing 9.2% of previously issued shares. This strategic move aims to limit shareholder dilution as the company prepares for acquisitions and capital funding. Following this cancellation, the total common shares outstanding will be 205,419,533. The company is also pursuing private placements to raise $250,000 for growth initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
30.14%
Tags
none
-
Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK:TVOG), now known as Turner Venture Group, has announced the acquisition of a Texas-based Hemp/CBD consumer packaged goods company. The Hemp Operator, operating three retail locations in Houston and an e-commerce platform, aims to expand to ten stores and enhance its wholesale opportunities. With over 100 products developed, the acquisition supports growth in retail and wholesale markets. Turner has initiated an audit to support SEC filings for uplisting to OTCQB. Leadership changes include the appointment of Dr. Jordan Balencic as CEO.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.48%
Tags
-
Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK: TVOG), now operating as Turner Venture Group, has activated a nationwide merchant services account for its online product marketing platform, www.bloomiclean.com. The company can now accept major credit and debit cards, enhancing sales potential for its CBD products. The transition from Square to a specialized processor was necessitated by compliance challenges. The product confirmed to have no THC trace elements, and the company plans to expand its online and retail marketing efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.53%
Tags
none
Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK:TVOG), now known as Turner Venture Group, announces a progress update on financial reporting and audits. The Company has filed its quarterly financial statements for Q1 2021 and is undergoing an audit by Briggs & Veselka Co. to facilitate a Form 10 filing for uplisting to the OTCQB. An equity placement agreement worth $4 million with GHS Investments is contingent on this audit, which aims to support future acquisitions. Further developments on product marketing and compliance are expected soon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.2%
Tags
none
-
Rhea-AI Summary

Turner Valley Oil and Gas (OTC: TVOG), now Turner Venture Group, has engaged Briggs & Veselka Co. as its new independent auditor. This partnership aims to audit financial statements from the past two years and facilitate SEC filings for the company's uplisting to the OTCQB marketplace. The audit is part of a $4 million equity placement agreement with GHS Investments, LLC, requiring a Form 10 registration. The company specializes in acquiring equity interests in the hemp, health, wellness, sanitation, and technology sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.37%
Tags
none
-
Rhea-AI Summary

Turner Valley Oil and Gas (OTC:TVOG), now operating as Turner Venture Group, has announced significant updates regarding its BloomiClean product and a new office location in Austin, Texas. The company has completed the manufacturing and shipment of 600 bottles of BloomiClean to distributors and online consumers. Additionally, they are moving to integrate a new payment processing system and are scaling up manufacturing. For interested investors, a one-page summary of the company is available. More updates can be found on their corporate website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.97%
Tags
none
Rhea-AI Summary

Turner Valley Oil and Gas (OTC PINK:TVOG), now Turner Venture Group, has announced a successful settlement of its transfer agent debt, which is crucial for its acquisition program and business expansion. This settlement enables the company to address outstanding debts with its audit firm to update audits through December 31, 2020. Future announcements will provide insights into the acquisition pipeline, focusing on hemp and CBD processing and related verticals. This strategy aims to streamline product development and position the company advantageously for potential industry regulatory reforms.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
none

FAQ

What is the market cap of TURNER VALLEY OIL&GAS (TVOG)?

The market cap of TURNER VALLEY OIL&GAS (TVOG) is approximately 9.2K.

TURNER VALLEY OIL&GAS INC

OTC:TVOG

TVOG Rankings

TVOG Stock Data

9.20k
205.42M
Household & Personal Products
Consumer Defensive
Link
United States of America
Houston