OICT Oicintra Inc (PK)

International Oil & Gas Holdings Corp. (Pink Sheets: IOGA) today announced that its Board of Directors had voted to effect a reverse split of the Company�s common stock at a ratio of 1-for-10,000. The reverse split was effective at the open of business on Wednesday, May 14, 2008. The Company�s common stock began trading on the Pink Sheets adjusted for the reverse stock split on Wednesday, May 14, 2008. The Board of Directors had decided to effect a reverse split to obtain an increased and more attractive stock price, thus attempting to provide better visibility to institutions, investors and analysts. This could make the Company more attractive to a broader financial base over time, as well as improve the Company�s ability to raise additional capital through equity offerings. Instead of issuing fractional shares of stock as a result of the reverse split, International Oil & Gas Holdings Corp. will round to the nearest whole shares for those stockholders who would be entitled to receive fractional shares. Signature Stock Transfer will act as the exchange agent for exchanges of stock certificates in connection with the reverse split. About International Oil & Gas Holdings Corp. International Oil & Gas Holdings Corp. (Pink Sheets: IOGA) is a diversified holding company, managing assets in the energy, bio-fuel, bio-chemicals and renewable technologies markets. IOGA focuses on high-growth potential early-stage companies and existing profitable companies to build value from synergies and new market opportunities. IOGA leverages its know-how, relationships and technology to build energy-efficient production plants to produce competitive fuels, chemicals and energy from renewable resources as well as help remediate problematic environments. IOGA seeks to achieve Environmental Balance as a market differentiator with our Renewable Products, Energy Generation and Environmental Remediation. Our technology and production processes have positive economic and environmental impact by relying on renewable non-food feed stocks instead of petroleum, while producing only clean chemicals and electricity as by-products. Our technology and production processes have positive economic and environmental impact by relying on renewable non-food feed stocks instead of petroleum, while producing only clean chemicals and electricity as by-products. Please visit the company�s website at http://www.ioghc.com Safe Harbor Forward-Looking Statements Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Securities Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the Company will appropriately inform the public.