Publicly Traded Pacific Oil Company in Las Vegas, NV Acquires Financial Gravity Holdings in Allen, TX

New Pacific Board appoints John Pollock as CEO

ALLEN, Texas--()--Financial Gravity Holdings, Inc., a Fractional Family Office® which provides wealth management, tax planning and other services to high net-worth individuals and businesses nationwide, today announced the successful completion of its merger with Pacific Oil Company (OTC:POIL). The combined company is currently trading on the OTC Markets under the symbol “POIL” and intends to change its name to Financial Gravity Companies, Inc. The Company then intends to submit an application to change its trading symbol.

“Becoming a public company is a key to our growth strategy, and the completion of the public transaction is a significant accomplishment for Financial Gravity,” said John Pollock, Chief Executive Officer. “This achievement is to benefit all the investors who have supported our growth during the last two years.”

The Company, headquartered in Allen, Texas with offices in Cincinnati, Ohio and Tulsa, Oklahoma, will provide its services through seven wholly owned subsidiaries: Financial Gravity Operations, Inc., Financial Gravity Tax, Inc., Financial Gravity Wealth, Inc., Financial Gravity Business, Inc., Financial Gravity Ventures, LLC, Sash Corporation and TaxCoach Software, LLC.

More information about the transaction may be found in a current 8-K report filed with the SEC October 12, 2016.

About Financial Gravity Holdings, Inc.

Financial Gravity Holdings, Inc., provides integrated tax, business, and financial solutions. Clients include small business owners and high net-worth individuals. Services are focused on helping its clients’ personal and professional goals, while building wealth, most often with potential tax savings, lowering costs, and improving efficiency. For details, visit www.financialgravity.com.

Financial Gravity Forward-Looking Statements

This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect Financial Gravity’s business and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contacts

Financial Gravity Holdings, Inc.
Jennifer Sanford, 469-342-2232
jennifer@financialgravity.com

Contacts

Financial Gravity Holdings, Inc.
Jennifer Sanford, 469-342-2232
jennifer@financialgravity.com