- CEO
- Jordan Paul Balencic
- Full Time Employees
- 2
- Sector
- Consumer Defensive
- Industry
- Household & Personal Products
- Address
- 1600 West Loop South Houston TX United States of America 77027
- IPO Date
- Jan 9, 2003
- Business
- Turner Valley Oil & Gas, Inc. (OTC: TVOG) operates as a venture holding company that acquires equity interests in innovative brands and companies focused on healthier living, sustainability, health, wellness, sanitation, infrastructure, and supply chain technology segments; through subsidiaries, it engages in the distribution and sale of hand sanitizer products, hemp/CBD consumer packaged goods including over 100 products via retail locations, e-commerce platforms, and wholesale channels; it previously participated in low- to medium-risk oil and gas re-completion projects and higher-risk drilling opportunities with working interests in several sections of drilling rights in Alberta, Canada. The company targets small to mid-sized businesses as merger and acquisition candidates across food and beverage, household products, personal care, consumer health technology, and potential blockchain/NFT applications. Founded in 1999 and headquartered in Houston, Texas, with operations referenced in Austin, Texas, it conducts activities primarily in the United States.
In recent developments, Turner Valley Oil & Gas, Inc., operating as Turner Venture Group, acquired a Texas-based hemp/CBD consumer packaged goods company with three Houston retail locations and an e-commerce platform, planning expansion to ten stores; it activated a nationwide merchant services account for its www.bloomiclean.com platform to accept major credit and debit cards for THC-free CBD products; the company completed manufacturing and shipment of 600 bottles of BloomiClean hand sanitizer, settled transfer agent debt to support audits through December 2020, filed Q1 2021 financials, and pursued a Form 10 for OTCQB uplisting with an audit by Briggs & Veselka Co. and a contingent $4 million equity placement with GHS Investments; it cancelled 21,007,275 common shares (9.2% of issued shares) to limit dilution ahead of acquisitions and pursued $250,000 private placements for growth.