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Tuesday, June 12, 2007

TXHG Forms $9 MIL Strategic Alliance

It appears that today marks the beginning of an era for TX Holdings Inc. (OTCBB: TXHG). The company announced today that it has entered into a strategic alliance with Hewitt Energy Group Energy, LLC (Hewitt Energy Group) to pursue energy-related activities in Kansas, Oklahoma and Texas.

The agreement appears to be structured around TXHG drumming up some funding and Hewlitt Energy to do what they do best: exploring and producing.

Now with an experienced and proven partner on board with access to sizeable and proven natural resource reserves, TXHG appears well poised for some solid revenues in the near to mid-term. Management has stated plans to updated the public as more info becomes available. For now, here's a look at today's news:

Link:
http://biz.yahoo.com/iw/070612/0265152.html

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