FTTN CEO’s Letter to Stockholders Details Plans to Build on Strong 2013
January 13 2014 - 7:43AM
Business Wire
Following a successful 2013, First Titan Corp. (OTCBB: FTTN)
Interim CEO Robert Federowicz issued an open letter to shareholders
reviewing the Company’s successful gains during the past year and
looking ahead to goals and milestones FTTN has in sight for
2014.
While the entire letter can be viewed on the Company’s website
at www.firsttitancorp.com, highlights include: A recounting of
FTTN’s aggressive acquisition strategy that saw it boost its oil
and gas energy portfolio by adding assets in Texas and Louisiana;
updates on current FTTN assets and their production rates,
including its interest in Alabama; and a look ahead to 2014 and how
the Company plans to add to its asset base while also investigating
new and exciting business options and opportunities.
“We are extremely pleased with the progress First Titan made in
2013 and how we were able to build our asset base with key
acquisitions,” Federowicz said. “We believe the gains made in 2013
will set the foundation for what has the potential to be an even
more prosperous 2014. We are already aggressively pursuing new
acquisitions while our current assets continue to produce return on
investment.”
About First Titan Corp.
First Titan Corp., through its wholly owned subsidiary, First
Titan Energy, LLC, is committed to the exploration and development
of oil and natural gas resources around the globe. The Company
continually seeks to partner with energy developers that are
pursuing innovative new methods of oil and gas extraction,
including the development of new technologies, cleaner methods and
unconventional resources.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the
words “believes,” “expects,” “anticipate” or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
First Titan CorporationRobert
Federowicz, 850-269-7267Interim CEOinfo@firsttitancorp.com