Sunday, 20 February 2011
King Resources Inc.
We alerted members via twitter about KING when the asking price was at 0.001. Almost right away we saw the asking price getting bought and the asking price started trending upwards. KING which once was a dead shell has now done a reverse merger with a viable start up company by the name of Cressent Energy Inc which is an independent oil and gas company actively engaged in the exploration, development and production of oil and gas in the great state of Texas. We hear that KING is currently negotiating for a 2nd merger and it is our opinion that this merger should be closed shortly. With Oil prices holding steady currently and as prices slowly continuing to climb on a upward trend we believe KING will have a bright future.