27 Jan 2006asset acquisition disposition▲ GoodMajor
Ameriprint International, a dormant Nevada shell, pivoted into oil and gas by acquiring Alaska North Slope leases (West Foreland/Hemlock Formation targets) from insider Massimiliano Pozzoni for 2 million shares; Pozzoni became the company's sole officer and director, and the company took on an obligation to drill a test well by November 2010 or forfeit part of the leases.