UC HUB GROUP, INC. ENGAGES JORDAN RICHARD ASSOC. LLC
TO ASSIST IN INVESTOR AND PUBLIC RELATIONS
LOS ANGELES, CALIF. (MARKET WIRE) - December 16, 2009. Larry Wilcox, president and chief executive officer of UC Hub Group Inc. (UCHB. PK) announced today that the Company has engaged the services of Jordan Richard Assoc. LLC (Las Vegas, Nev.) to conduct investor relations and public relations on behalf of the Company.
"Jordan Richard Assoc. comes highly recommended, and we believe JRA capable of providing corporate communications guidance and addressing our public and investor relations needs in a manner that is consistent with our conservative approach," said Wilcox. "We are in this for the long haul, and we are not interested in hyping the stock. Our main concern is in getting our message out to shareholders and potential investors in a way that is truthful, understandable and timely and to maintain an informative and useful dialogue with interested publics," Wilcox said.
Founded in 1999, UC Hub Group, Inc. is an acquisition-oriented company focused on recurring revenue and growth through a portfolio of producing oil and gas leases and proven mineral and gem properties throughout North America.
Highlights of UC HUB GROUP, INC. include the following:
o UC HUB has a joint venture with Rector Oil Drilling, operating as the JV partner on the 400-acre leased oil and gas property in Crawford County, Illinois.
o The Company has gold and sapphire mining assets located in Montana and with two revenue centers from one property, the Company anticipates major revenue upside potential. The Company has also acquired the mining equipment and has subsequently trucked that equipment to the Montana site.
o Earlier this month, the Company struck oil in the first of 5 potential pay zones on its Illinois property, which is part of a 400-acre lease. This southeastern Illinois region has produced over 250 million barrels of oil over the past 100 years, making it one of the largest oil fields in the Illinois Basin.
o UC Hub has formed a joint venture with Rector and a new, additional 80-acre lease which has six existing oil wells completed to a 1,000 ft. depth on the Company's Crawford County property.
o The 80-acre lease and the six wells will produce immediate revenue for the Company. Rector Drilling is very knowledgeable of this property and expects to add some technology and re-work some of these wells. Rector expects that when the re-work is completed these wells will produce 100 barrels a day.
o Noted geologist, Rafal Swiecki, estimates that the Montana property has no less than 2,000 oz. of sapphire per acre, with sapphires suitable for the gem trade and for industrial uses. The Company expects to generate gold and sapphire revenue from its Montana property during 2010. The Company is also in discussions with a TV Station to produce a series about exploration and celebrities.
o Management of the Company-choosing a conservative acquisition strategy based on minimal debt and dilution-remains focused on bringing genuine and leveraged assets into the Company, predicated on the potential of these assets to generate near-term and long-term revenue.
For additional information, please visit the Company's web site at www.uchub.net. To be placed on the Company's proprietary list to receive future email alerts, updates and news releases, contact Jordan Richard Assoc. LLC at 702-256-4905.
