ENGLEWOOD, Colo., May 13, 2010 (GLOBE NEWSWIRE) -- Voyager Petroleum, Inc. (Pink Sheets:VYGO) is pleased to provide the following profile information updating its shareholders.
Dear Fellow Shareholders,
As we progress through 2010, we are excited about the strides our company has made in the last few months. We have set up our corporate headquarters in office space adjacent to our corporate counsel in Englewood, Colorado and we will be staffing it in the near future. We updated, organized and consolidated our financial records with the assistance of accounting firm Dunbar, Breitweiser and Company, LLP, a public accounting firm in Bloomington, IL. The company has recently engaged Lynda R. Keeton CPA, LLC the company's previous accountant, to guide the company through SEC compliant consolidated External Financial Reporting and Disclosures. Her firm will also be functioning as our day to day accountant/bookkeeper providing and maintaining the proper records moving forward through our restructuring. Another obvious priority of the company is to use the information and organization that Dunbar has provided to update and continue to maintain current financials. Ultimately it is the company's intention to re-establish itself as a fully reporting and compliant issuer in 2010.
The business focus of the company since January 2010 has been on its commodity-based Marine brokerage business. To that end we have now successfully completed and are evaluating our economics of our Caribbean Pilot Project. The financing structure of these transactions has been provided by way of Debt arrangements with a current shareholder. Continued financial support will be available for this Marine initiative once the company has firmly established the economic impact of its first Caribbean initiative. Additionally, we will be commencing a Pilot Rail Program in the Southern U.S in the next quarter. It will be our intent to approach this initiative in the same manner as our Marine initiative.
The company is focused on these two areas of operations which take time and diligence. But will eventually meet the ultimate goal of developing increased shareholder value. The company will continue to keep shareholders abreast of all new developments as they are available.