PWBL
Powerball International, Inc.
3001 Knox St, Suite 403 Contacts:
Dallas, TX 75205
Tel: 214-389-9800
Fax: 214-389-9806
Shares Outstanding 21 M
Approximate Float 750 K
Fiscal Year End Dec 31
Investor/Financial Highlights
* New Management took control in November, 2004
* Change of business focus from the development of hydrogen
generating technology to the production of oil and natural gas.
* Acquisition oil & gas production company with assets valued at $10
million in November '04
* Company has raised approximately $500,000 gross of its private
placement offerings since November '04
OTCBB: Company Overview
Powerball is a small public energy company focused on upstream oil &
natural gas production assets, developments, and operations. The
Company plans to grow quickly through the acquisition of small oil
and natural gas producing entities and production assets including
wells, properties, operating equipment, and pipelines. The Company's
primary focus is to increase the productivity of existing under-
valued properties though re-completions and upgrades, increase the
reserve base of underdeveloped oil & gas properties through new
drilling, and increase marketability of new and existing gas wells
by establishing gas -gathering pipelines in key production areas.
Additionally, the Company will evaluate existing and future
alternative
energy sources.
Current Offerings
* Private placement of 2,500,000 shares of common stock at
$0.20/share - fully subscribed
* Private placement of 3,000,000 shares at 80% of trailing 5 day
average closing price
This document contains forward-looking statements 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. All
forw ard-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof.
Forward-looking
statements usually contain the
words "estimate," "anticipate," "believe," "plan," "expect," or
similar expressions, and are subject to numerous known and unknown
risks and uncertainties. In evaluating such statements, prospective
investors should review carefully various risks and uncertainties
identified in this release, including the above matters and in the
company's SEC filings. These risks and uncertainties could cause the
company's actual results to differ materially from those indicated
in the forward-looking statements.
Investors are cautioned that certain statements in this release are
``forward-looking statements'' within the meaning of the Private
Securities Litigation Reform Act of 1995 and involve known and
unknown risks, uncertainties and other factors. Such uncertainties
and risks include, among others, certain risks associated with the
closing of the transaction described above, government regulation,
and general economic and business conditions. Actual events,
circumstances, effects and results may be materially different from
the results, performance or achievements expressed or implied by the
forward-looking statements. Consequently, the, forward-looking
statements contained herein should not be regarded as
representations by the Company or any other person that the
projected outcomes can or will be achieved.
Additional Information and Where to Find It
The Company files annual quarterly and special reports and other
information with the United States Securities and Exchange
Commission (the ``SEC''). You may read and copy any reports,
statements or other information filed by the Company at the SEC's
public reference room at 450 Fifth Street, N.W., Washington D.C.
20549 or at any of the SEC's other public reference rooms in New
York, New York and Chicago, Illinois. Please call the SEC at 1-800-
SEC-0330 for further information on the public reference rooms. The
Company's filings with the SEC are also available to the public from
commercial document-retrieval services and at the Internet web site
maintained by the SEC at
http://www.sec.gov.
We encourage our readers to visit the following web sites: U.S.
Securities and Exchange Commission
The National Association of Securities Dealers, Inc
OTC Bulletin Board Official Web Site
http://www.otcbb.com/dynamic/
http://www.nasdaqtrader.com/
Furthermore, visit Free Edgar for complete filings of public trading
companies.
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warrants, or other type consideration) and the specific amount of
the consideration we receive or will receive, directly or
indirectly, from an issuer, underwriter, or dealer.
www.thestockpit.com has received from Powerball, Inc. 50,000
Restricted Shares for helping with the dissemination of information
about Powerball, Inc.
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