MELBOURNE, FL--(Marketwired - Jun 10, 2014) - Innocent Inc. (OTC: INCT) (the "Company"), a development stage oil and gas exploration and production company, is pleased to announce that it has appointed James Kerr as Chief Financial Officer.
Mr. Kerr has over twenty years of extensive experience in corporate restructuring, mergers and acquisitions, debt consolidation, corporate finance, financial statement preparation, audits and more for both private and public companies. He started his career with a U.S. Bank before moving into mutual funds as a financial analyst and later joined boutique advisory firms in Toronto specializing in forestry, energy, resources and technology. Mr. Kerr has also been a consultant to the Government of Canada, and has held senior positions with publicly traded companies. He is a graduate from the University of Western Ontario with a BA and holds the accounting designation CPA, CMA.
About Innocent Inc.
Innocent Inc. is a development stage oil and gas exploration and production company focused on developing properties in North America. Innocent Inc. plans to minimize the risk of exploration through development of proved petroleum reserves, and expects to maximize profit through strategic acquisition and liquidation of selected oil and gas properties. Innocent Inc. has partnered with industry experts in this agreement and they will provide the technical guidance and field management experience. Together, this new team of Innocent Inc. and Evergreen Petroleum will focus on acquiring low risk, high upside properties coupled with substantial exploration potential. Through improvements in oil and gas production technologies, Innocent seeks to rapidly increase production levels and generate predictable, sustainable value. Adhering to a narrow, clearly defined strategy, the company focused on 100% acquisitions and joint ventures to maximize our production capacity. For more information, visit www.innocentinc.com.
SAFE HARBOR
This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company's operations, products, services and prices.
We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.