Coconut Creek, Fla. – March 21, 2012 – Greyson International, Inc. (GYSN.PK) announced today an update regarding its recently acquired private entity which has a significant interest in an oil and gas company. A recent Netherland, Sewell and Associates report was published indicating the potential of billions of barrels of onshore oil exist in this entity.
Netherland, Sewell and Associates is a leading oil and gas consulting firm providing independent reserve reports and services to the worldwide petroleum industry and financial community.
According to Greyson International CEO Harvey Tauman, “This Netherland, Sewell and Associates report further demonstrates the opportunity that exists as a result of our investment. With this acquisition, we believe that we have situated ourselves in an extremely positive position for both the short and long term that will allow us to further reach our goals with Trilexon®.
“We look forward to the weeks and months ahead as we utilize this asset to build our business, and we will continue to keep our shareholders updated when additional information is available,” added Tauman.
About Greyson International, Inc.
Greyson International, Inc. is a research, development and marketing company that markets health and beauty aid products. Greyson has developed a new delivery method, the Trilexon® system, which will improve the effectiveness of virtually every topical application in today’s cosmetic market and every over-the-counter topical drug application. Trilexon® is a registered trademark of Greyson International. For more information, visit www.greysonproducts.com, join the Greyson Facebook group page by visiting www.facebook.com and searching “Greyson Products” or follow Greyson on Twitter at www.twitter.com/greysonproducts.
This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.