Remington Energy Group Corporation to Appear on GlobalCrowdTV in Late February

Top Quote Remington Energy Group, a Pennsylvania Oil & Natural Gas Company, will be appearing on GlobalCrowdTV in Late February, 2014. End Quote
  • (1888PressRelease) December 31, 2013 - Los Angeles, CA - GlobalCrowdTV today announced it has confirmed that Remington Energy Group Corporation will be appearing on a Live Broadcast of GlobalCrowdTV in February 2014.

    GlobalCrowdTV is a Live Interactive HD WebTV and Live Radio "one day Direct Public Offering" of "Alternative Investment Securities" to Qualified Private and Institutional Investors watching around the globe. Select early stage and growth stage companies currently raising capital under the revised Regulation D and Regulation A Rules, and the current Regulation S Rules, can be chosen to appear on GlobalCrowdTV to present their Company and the terms of the investment they are seeking to a Globally Assembled Live Group of Private and Institutional Investors in a "Shark Tank" like format.

    Unlike the popular TV series "Shark Tank", where the entrepreneur must convince a Shark to make the full investment they are seeking, featured companies on "GlobalCrowdTV" must only convince qualified investors to invest a few hundred to a few thousand dollars in their Company or Venture, in a format similar to the popular investment craze known as "CrowdFunding".

    After the Company's Live 30 Minute Presentation to views and investors, members of the Company will only have SIXTY MINUTES to raise the "minimum amount" of investor capital to be able to move on to the second round of the capital raise on GlobalCrowdTV. The minimum investment amount needed to be secured by a Company to move on to the second round of capital raising on GlobalCrowdTV is generally 10% of the total investment capital requirement of the Company, or $250,000 USD, whichever is less. Investors investing in this first round will generally get more favorable investment terms than those investing in the second round, should the Company be able to move to the second round of investor capital raising.

    Should the Company fail to meet its minimum investor capitalization within sixty minutes, the Company will not be allowed to move on to the second round of capital raising on GlobalCrowdTV and investors participating in the "failed capital raise" will have the full amount of their invested capital returned to them (or have their investment commitment voided).

    Viewers and Investors will have the opportunity to speak to the Entrepreneurs and Executives of each Company raising capital immediately following the live thirty-minute "presentation" segment of the show. Viewers can interact with the Companies raising capital through the "GlobalCrowdTV Business TV Page", Skype Conference (up to 1,000 participants), Twitter Messages, Facebook Messages, LinkedIn Mail, Text and even by calling into the studio with a phone.

    Should the Company be able to raise the required minimum investment capital from investors before the close of the night's Live Ninety Minute Live Broadcast, the Company will be joined by five investment bankers from the Los Angeles area that will work with the Company over the next twenty-two hours, to raise as much investor capital, from investors around the globe, as they can. Though this portion happens after the live broadcast, viewers can watch live via the "GlobalCrowdTV Business TV Live Feed" (much like with "Big Brother After Dark" live feeds). Cameras will continue to follow the action and GlobalCrowdTV Live Broadcast Viewers will be able to watch a video recap of the Company's Investor Capital Raise effort and get Company Investment Results on the next Live Broadcast of GlobalCrowdTV.

    GlobalCrowdTV is hosted by Mr. Steven J. Muehler (www.SteveMuehler.com) and a Co-host for GlobalCrowdTV is to be announced in early January 2014.

    Remington Energy Group is raising investment capital through a Direct Public Offering of Securities for the expansion of Oil & Gas Operations on approximately 3,500 acres under lease in McKean, Warren and Forrest County, Pennsylvania.

    Remington Energy Group Corporation's Corporate Team has been involved in the Oil & Natural Gas Industry since the 1970's. The Company's Management has drilled and managed over 3,000 producing Oil & Natural Gas Wells across eight states. The Company's Management Team has established an excellent performance record with a 100% completion rate and over 98% hit rate for producing wells. In the adjacent Pennsylvania leases, the Company's drilling team has a 100% hit rate for the last 75 wells drilled over the last seven months.

    Remington Energy Group Corporation is not using a selling agent or finder in connection with this offering. Remington Energy Group Corporation will be using a Website (www.GlobalCrowdTV.com and www.MuehlerSecurities.com) as online portals and information management tools in connection with the Offering. The websites, www.GlobalCrowdTV.com and www.MuehlerSecurities.com are each owned and operated by Muehler International, an equity partner of Remington Energy Group Corporation.

    Remington Energy Group Corporation's Regulation D and Regulation S Offering Securities Offerings will be available for viewing and download 24 hours a day, 7 days a week to registered and qualified investors at www.GlobalCrowdTV.com and www.MuehlerSecurities.com starting early February 2014.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    All trademarks and service marks are the property of the respective parties.

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