GREEN VALLEY, AZ--(Marketwired - Jan 8, 2015) - Fidelity Holding Corp. Inc. (OTC: FDHC) ('Fidelity' or the 'Company'), a Green Valley based general holding company, today announced it has retained Las Vegas, Nevada based EraStar, Inc. for strategic market planning and investor awareness.
EraStar, Inc. is a marketing firm that offers strategic comprehensive marketing strategies for public and private institutions, public relations and media activities, product marketing, support services, business development consulting, and lead generation.
Fidelity's subsidiary, Rebel Resources, Inc., is implementing new technology, advanced materials, equipment, and methods to overcome the complex challenges associated with recovering heavy oil. With over 80 billion barrels of heavy oil remaining in reserves in states such as Kansas, Missouri, California, Wyoming, Arkansas, Mississippi, Oklahoma, and Texas, there exists an abundant domestic supply. Rebel Resources' mission is to exploit these shallow reservoirs resulting in stable, long life production with low operating costs.
Jens Dalsgaard, Chairman of EraStar, stated: "We are very excited to have partnered with CEO Mike Bozner and his team at Fidelity. FDHC is a general holding company formed with the specific purpose of owning or taking investment positions in high growth potential ventures. Those core values mirror the EraStar mission statement. We believe there is significant growth ahead for Fidelity Holding Corp. With a float of only approximately 150,000 shares, and the remaining approx. 3 million shares locked up and restricted for the balance of 2015, we think there could be significant value built for all shareholders in the immediate future as the company executes its business plan. We will be working closely with management to build numerous potential subsidiaries and Joint Ventures in various vertical markets. We stand committed to maximum transparency to the shareholders and will effectively communicate each milestone as they are achieved. "
About Fidelity Holding Corp.:
Fidelity Holding Corp. is a general holding company formed with the specific purpose of owning or taking investment positions in high growth potential ventures. Its flagship subsidiary Rebel Resources, Inc. has developed proprietary advanced technology which is focused on the recovery of heavy oil from mature onshore U.S. fields. Worldwide, heavy oil is twice the resource of conventional light crude oil, and it is estimated that as much as two-thirds of the oil in mainland U.S. reservoirs has been "left behind." Experts believe these abandoned wells could hold 377 billion barrels -- more than double the cumulative U.S. production to date. The Rebel thermal technology accesses and unlocks the door to this underexploited resource. It provides an economically friendly, low cost alternative for production without typical exploration and drilling cost. Visit www.rebelresources.com to learn more about this exciting company.