BGOC- LOOKS LIKE ANOTHER GOOD AFTERNOON IS BEGINNING
COMTEX) B: BGOC ANNOUNCES PURCHASE OF RETAIL WIRELESS OPERATION
B: BGOC ANNOUNCES PURCHASE OF RETAIL WIRELESS OPERATION
CISCO, Texas, Dec 30, 1999 /PRNewswire via COMTEX/ -- Black Giant Oil
Company (OTC Bulletin Board: BGOC) is pleased to confirm the
consummation of the previously announced agreement to acquire forty
percent (40%) of the licenses, contracts and revenues of the retail
cellular telephone, pager and wireless communications operations and
services of Getmore Communications, headquartered in Oklahoma City.
Getmore's principals, Ron L. Baker and Gary Keith Duke, have conveyed
this ownership interest to BroadBand Wireless Communications Corp.
(formerly BroadCom Communications Corp.) of Oklahoma City. BroadBand
has further sold, transferred and conveyed its forty percent (40%)
interest to Black Giant Oil Company for stock on December 28, 1999.
Getmore currently owns and operates ten (10) retail stores in
accordance with its agreements with Voice Stream as an authorized
dealer, in cities in Oklahoma and Texas.
At the time of the previous announcement, Getmore owned and operated
three (3) retail stores in Oklahoma. Seven (7) new retail locations
have been opened subsequent to the November 2, 1999 announcement,
including stores in Tulsa and Oklahoma City, Oklahoma and in Austin and
(COMTEX) B: BGOC ANNOUNCES PURCHASE OF RETAIL WIRELESS OPERATION
B: BGOC ANNOUNCES PURCHASE OF RETAIL WIRELESS OPERATION
CISCO, Texas, Dec 30, 1999 /PRNewswire via COMTEX/ -- Black Giant Oil
Company (OTC Bulletin Board: BGOC) is pleased to confirm the
consummation of the previously announced agreement to acquire forty
percent (40%) of the licenses, contracts and revenues of the retail
cellular telephone, pager and wireless communications operations and
services of Getmore Communications, headquartered in Oklahoma City.
Getmore's principals, Ron L. Baker and Gary Keith Duke, have conveyed
this ownership interest to BroadBand Wireless Communications Corp.
(formerly BroadCom Communications Corp.) of Oklahoma City. BroadBand
has further sold, transferred and conveyed its forty percent (40%)
interest to Black Giant Oil Company for stock on December 28, 1999.
Getmore currently owns and operates ten (10) retail stores in
accordance with its agreements with Voice Stream as an authorized
dealer, in cities in Oklahoma and Texas.
At the time of the previous announcement, Getmore owned and operated
three (3) retail stores in Oklahoma. Seven (7) new retail locations
have been opened subsequent to the November 2, 1999 announcement,
including stores in Tulsa and Oklahoma City, Oklahoma and in Austin and
San Antonio, Texas.
Getmore has plans to expand its retail market through the opening of
eighteen (18) additional stores in Oklahoma, Texas, Kansas, New Mexico
and Iowa during the calendar year 2000.
Currently, management plans to change the name from Black Giant Oil
Company to BroadBand Wireless Communications Corp. at the next annual
meeting.
This news release includes forward-looking statements that involve
risks and uncertainties. The forward-looking statements in this release
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially, due to a variety of factors including, without limitation,
the Company's ability to produce and market products and/or services
and other risks detailed from time to time in the Company's reports
filed with the Securities and Exchange Commission.
For additional information call Ivan Webb: (254) 442 3968 (phone);
(254) 442 3843 (fax).
SOURCE Black Giant Oil Company
(C) 1999 PR Newswire. All rights reserved.
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CONTACT: Ivan Webb of Black Giant Oil Company, 254-442-3968, or fax, |
