TXHG - TX Holdings, Inc. Message Board

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Gold/Mining/Energy : TXHG - TX Holdings, Inc.

TXHG 0.280

+4.2%

Jan 8 4:00 PM EST

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From: Minty	1/25/2008 7:59:49 AM
	of 37

TX Holdings to Focus on Production BusinessWire - January 24, 2008 7:48 PM ET TX Holdings, Inc. (OTCBB:TXHG) A full operational plan has been drawn up on site by the CEO and President - the absolute focus is on production. The complete well by well schedule will be developed as we proceed. Our key functional personnel were briefed to prepare the wells for production. Already the construction of three wells on the Parks lease has been completed and we are ready to pump! In order to produce and sell we are required to post a bond with the Texas Railroad Commission, this is in hand and for the first time will be done by TX and not by a third party. We are working this week to be fully inspected and compliant with the Texas Railroad Commission requirements. We believe that we will meet the requirements and at that point we will be able to produce and sell our production output. The web site now has the photos of the wells which are being brought on-line and will be updated as we progress. William "Buck" Shrewsbury Chairman of the Board of Directors FORWARD-LOOKING STATEMENTS: The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. SOURCE: TX Holdings, Inc. TX Holdings, Inc., Abilene Investor Relations: Frank Shafer, 1-480-444-6127 txholdings.com

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