Whitemark Homes, a Florida based company (OTCBB:WTMK), announces
its Company shareholder update. Due to the recent turmoil of the
credit crisis in the financial markets and the difficulties in the
economy, there has been a delay in the closing of the merger
acquisition of Bluesky Oil and Gas Corp. The Company fully intends to
close the deal before year end.
Bluesky, an Alberta based company, is a natural gas production
company that utilizes a propriety and patented technology to produce
natural gas from preexisting gas wells primarily in areas of Northern
Alberta that have limited access to. Alvin Liknes, CEO and President
of Bluesky Oil and Gas Corp., has developed a patented proprietary
pump system for removing formation fluids from a "liquid loaded" gas
well. The VRSL De-watering System automatically pumps the water off
the well with limited input by the well operators utilizing the gas
from the well or solar energy to provide the power to operate the
system.
