HUNTINGTON BEACH, CA, Mar 12, 2008 (MARKET WIRE via COMTEX News Network) --
In the news release, "Platina Energy Group and Omega Commercial Finance Corp. Hit CEOCorner at InvestSourceInc.com," issued earlier today by InvestSource, Inc., we are advised by the company that the second sentence of the first paragraph should read "Mr. Merriam and Mr. Cummings were featured in recent installments of CEOCorner, 'The Fastest 60 Seconds in the Small-Cap Market'" rather than "Mr. Smith and Mr. Cummings were featured in recent installments of CEOCorner, 'The Fastest 60 Seconds in the Small-Cap Market'" as originally issued. Complete corrected text follows.
Platina Energy Group and Omega Commercial Finance Corp. Hit CEOCorner at InvestSourceInc.com
HUNTINGTON BEACH, CA --(March 12, 2008) - InvestSource, Inc. invites the public to hear what Blair Merriam, the President and CEO of Platina Energy Group, Inc. (OTCBB: PLTG), and Jon Cummings, the President and CEO of Omega Commercial Finance Corp. (OTCBB: OCFN) have to say about their respective companies. Mr. Merriam and Mr. Cummings were featured in recent installments of CEOCorner, "The Fastest 60 Seconds in the Small-Cap Market." Details of the interviews can be heard at the company profiles for Platina Energy and Omega Commercial Finance on the InvestSource, Inc. (ISI) website at:
www.investsourceinc.com or on the CEOCorner website at:
www.ceo-corner.com.During his interview, Mr. Merriam discussed the rapid expansion of the Company and success in obtaining substantial lease acreage for the purposes of oil and gas exploration and recovery in Texas, Oklahoma, Tennessee, Kentucky and Wyoming. According to Mr. Merriam, the total amount of reserves controlled by Platina energy could be in excess of $500 Million, a fact that has yet to be accurately reflected in the Company's share price. He expressed confidence that Platina Energy is significantly undervalued, given its strong base of oil and gas reserves and the current insatiable energy market. Mr. Merriam also was very positive about the Company's ongoing efforts in bringing additional wells into production, both through drilling new wells and through bringing old wells online. As an example, he cited the recent work on Platina's Oklahoma Lease in Seminole County that has significantly exceeded expectations.
Over the course of his interview, Mr. Cummings stressed the unique advantages of Omega Commercial Finance Corp. in the light of the very public subprime meltdown. Since the Company does not operate in the residential real estate sector, its core operations have been unaffected. In fact, as he pointed out, the significantly more restrictive lending policies adopted by major lending institutions in the wake of the subprime crisis have enhanced Omega's position by encouraging quality borrowers to seek out Omega's services in order to satisfy their business needs. As a result, the Company's alternative financing programs are becoming increasingly attractive in the current lending climate.
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