HOUSTON, TX / ACCESSWIRE / April 20, 2015 / American Security Resources Corp (PINKSHEETS: ARSC) is excited to announce that ARSC has begun a “Three Step Plan” to get the Company back on track to success.

In Step One, the Company brought its financial data current through public disclosure on OTC Markets. Corporately, ARSC also amended its Articles of Incorporation and Corporate Bylaws to create various series of Anti-Dilutive Convertible Preferred Shares. These securities will soon become available to common shareholders.

Step Two, moving forward, is to start reorganizing the debt on the Company’s balance sheet so that ARSC becomes debt free. Also, American Security Resources Corp. intends to register its securities to become an OTCBB company.

Step Three of the plan is to enhance shareholders’ equity by acquiring profitable businesses and or assets, using the Convertible Preferred Shares as currency.

Frank Neukomm, CEO of American Security, said “The ‘Three Step Plan’ is necessary to attract new investment into ARSC. We hope to restore investor confidence by removing affiliate and non-affiliate debt; registering our new shares with the SEC; filing audited financial statements and increasing shareholders’ equity on the balance sheet.”

He further stated, “We have a new legal and consulting team of very qualified professionals that is helping us implement this strategy and who will have more dialogue with our investors as we attain milestones moving forward.”

About American Security Resources Corporation

American Security Resources (PINKSHEETS: ARSC) is a holding company whose subsidiary, American Hydrogen Corp., is seeking new technologies to economically refine and purify hydrogen for the commercial market. ARSC also owns effective control of Hydrogen Future Corp. (PINKSHEETS: HFCO) from the sale of Hydra Fuel Cell Corp. in April 2014.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information, please contact:

Frank Neukomm, CEO or Bob Farr, COO
info@amsrcorp.com
713-465-1001 (leave message)

SOURCE: American Security Resources Corp

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HOUSTON, TX / ACCESSWIRE / April 20 2015 / Hillcrest Petroleum Ltd. (the “Company” or “Hillcrest”) (TSX-V: HRH US Symbol: HLRTF) is pleased to update our shareholders on corporate developments and current activities.

In December of 2014, Hillcrest commissioned an independent reserve engineering firm to perform an assessment of Hillcrest’s Gulf of Mexico oil and natural gas reserves, in accordance with and pursuant to National Instrument 51-101 – Standards of Disclosure for Oil and Gas Activities and the Canadian Oil and Gas Evaluation Handbook.

The report effective December 31, 2014 indicated proven and probable reserves as follows:

• -Proven plus Probable (2P) reserves of 714.7 Mbbls of oil and natural gas liquids/condensate and 869.4 MMcf of natural gas.

  -These reserves have a net present value discounted at 10% (PV10) of approximately US$21.2 million prior to taking into account forward asset retirement obligations (ARO), or a PV10 of US$15.0 million after accounting for lifetime ARO.

These reserves were not recognized in Hillcrest’s 2013 year end evaluation. Details of the report can be found on SEDAR and on Hillcrest’s website. The report does not include reserves from the Company’s Newton County, Texas assets however Hillcrest intends to include those assets as part of our year-end reserves evaluation process and release.

Gulf of Mexico Production

For the week ending April 15th 2015, daily average working interest production from Hillcrest GOM Inc., a wholly owned subsidiary of Hillcrest, was approximately 189 barrels of oil per day (bopd) and 358 thousand cubic feet of gas per day (mcfgpd). Production was primarily from the Eugene Island 32 Field, offshore Louisiana.

In addition to existing production, low cost well work-over and maintenance programs have been, and will be, undertaken in order to maintain and increase production volumes. A number of infill development well locations have been identified, and these hold the potential to increase working interest production by several hundred barrels of oil per day if successful. The Company and the operator of the field share the objective of drilling these wells at the appropriate time. As previously stated, all parties will continue to work together in order to progress and optimize developmental drilling programs and to realize additional operational cost savings.

Onshore Production – Newton County, Texas

The current weekly average working interest production from the Donner and Brown wells is 45 bopd and 500 mcfgpd.

Sales of oil in our Gulf of Mexico assets and in Newton County are at Louisiana Light crude prices, which currently attracts a premium to West Texas Intermediate (WTI) pricing.

Don Currie, the Company’s CEO and Chairman, states that “The recently acquired Gulf of Mexico asset have significantly increased the Company’s reserves on a year over year basis. Full reserve reports on all assets will be included in the year-end financial reports to be released before the end of April.”

For more information on Hillcrest Petroleum Ltd, contact Donald Currie toll free at 1-855-609-0006 or visit the Company’s website at www.hillcrestpetroleum.com

On behalf of the Board of Directors

Donald Currie

Chairman, Chief Executive Officer and Director

FORWARD LOOKING STATEMENTS

Cautionary Statement Regarding “Forward-Looking” Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

LEGAL_23724355.2

SOURCE: Hillcrest Petroleum Ltd. 

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SARASOTA, FL / ACCESSWIRE / April 20, 2015 / AlphaPoint Technology, Inc. (OTCQB: APPO) announced today that it completed the agreement with N’compass Solutions, Inc., on the unwinding of the acquisition of N’compass announced on December 23, 2014. AlphaPoint and N’compass mutually agreed that the unwinding was in the best interests of all parties, including AlphaPoint’s and N’compass’s shareholders.

As a result of the unwinding, N’compass is no longer a subsidiary of AlphaPoint and the N’compass and AlphaPoint leadership teams have been returned to their pre-acquisition positions.

The companies intend to continue to work together to integrate AlphaPoint’s AssetCentral(TM), which provides critical Data Center Infrastructure Management (DCIM) and Information Technology Asset Management (ITAM) information to help clients gain better visibility into their data center assets and IT capabilities, with N’compass’s LiveDC, a Data Center Service Optimization (DCSO) solution that accurately measures the essential DCIM capacity functions (i.e., power, cooling, performance optimization, space management and asset tracking), provides time-to-zero reporting, and tracks strategic progress.

“It is unfortunate that the acquisition was not viable at this time,” stated Gary Macleod, CEO, “however, the two companies will continue to collaborate on various projects, and look forward to maintaining a mutually beneficial relationship.”

About AlphaPoint Technology

From its headquarters in Sarasota, Florida, AlphaPoint Technology provides Data Center and IT Asset Management Software. AssetCentral(TM) is a cutting-edge, easy-to-use, web-based IT Asset Management (ITAM software) and Data Center Infrastructure Management (DCIM software) solution that empowers IT professionals to simplify data center operations, streamline processes, implement best practices, improve service delivery, mitigate risk, and help drive Green Data Center Initiatives. To learn more, visit www.alphapointtechnology.com.

For more information, contact:

Jay Letendre
AlphaPoint Technology, Inc.
jletendre@alphapoint-us.com
941-907-8822, ext. 10

SOURCE: AlphaPoint Technology, Inc.

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LAS VEGAS, NV / ACCESSWIRE / April 20, 2015 / Weed TV has produced and aggregated over 300
original programs in its first year and looks forward to expanding its
programming to meet the demand of the growing Marijuana consumer
marketplace.

Player’s Network, Inc. (OTCQB: PNTV),
a vertically integrated, diversified, fully reporting public company
operating two complimentary portfolios of Media and Medical Marijuana,
announced today that www.weedtv.com will turn 1 year old today at 4:20
PM Central Standard Time. Weed TV officially launched at the Cannabis
Cup in Denver on April 20th 2014. The Network has produced a pallet of
original new programing including; entertainment, politics and music all
centered around both the medical and recreational aspects of marijuana
lifestyles.

Highlights included an in depth look into Pot Icons such as Cheech and Chong, original music events with Wiz Khalifa, Kurupt, The Game, live streaming coverage of the first Las Vegas Hempfest,.
Weed Tv covered live events at the Champs show and glass blowing
competition’s and features well known and up and coming glass artist. WeedTv launched new original programs like WeedTech
an original series covered the newest consumer products and technology
in the industry or the IV Report with a look into topics of interest the
marijuana lifestyle.

This coming year, Weed TV plans to produce at least 2 major music events with well know A-list artist such as the level of Wiz Khalifa. In addition, an original game show series; a political talk show
covering the evolving regulatory environment as the coming 2016 election
vote on Marijuana laws; a medical series the features the top scientist
and medial experts in the cannabis filed as well as investigating a
reality based show with cultivators and operators in the industry.

Mark
Bradley states; “It’s hard to believe how fast this 1st year has gone
by, and I am proud of our accomplishments and our growing audience. This is just the tip of the iceberg for our vision for WeedTV. We will soon be adding many new technology and software features to
our website that will change the industry and create a true online
community to help empower this emerging industry and adding substantial
new revenues streams to the Company.” Mr. Bradley continued. “Our
patience is paying off, this industry has more growth potential than any
other industry I have witnessed in years and it is just the beginning
and we are positioned for success. We look forward to numerous
additional updates in the near future as we move forward on the
execution of our plans.”

About Player’s Network:

Player’s
Network is a diversified company with holdings in both Media and
Medical Marijuana. The Company uses its proprietary Enterprise Web
Platform to develop Branded Digital Lifestyle Television Networks for
itself and its partners in a wide range of lifestyle categories.
Player’s Network’s current original channels, “Player’s Network”, “Vegas
on Demand”, “Real Vegas TV”, focus on the Las Vegas and Gaming
Lifestyles. These channels are distributed over PNTV’s owned and operated VOD Channels on TV in over 23,000,000 homes over Comcast, its Broadband Network and Mobile Platforms, on Hulu, Google, YouTube, Blinkx and Yahoo Video, on DVD,
and through worldwide television syndication. The Medical Marijuana
assets are primarily through the Company’s 80% ownership in Greenleaf Farms Holdings, and PNTV’s newest channel, “WeedTV.com”, which focuses on the rapidly expanding cannabis community. For more information please visit www.playersnetwork.com.

About WeedTV:

Weed TV is a Lifestyle Channel Destination powered by PNTV’s NextGenTV (SM) enterprise platform. WeedTV
is the go to source for informational, entertainment, products and
services for people who relate to the marijuana lifestyle and social
community. Weed TV will feature daily stories sourced by weedtv.com
correspondents and contributors from around the world. It will provide
a wide variety of editorial content, videos and entertainment including
lead stories, political news, business news on the industry, financial
analysis from industry experts, growing tips, cooking tips, a “Weed101”
section, medical uses, lifestyle features, entertainment specials and
merchandise shopping cart offering the latest products and services. www.weedtv.com

About Green Leaf Farms Holdings:

Green Leaf is 80% owned by PNTV
and has been granted 2 licenses by the state of Nevada for Medical
Marijuana Cultivation and Production of Marijuana infused products.
Green Leaf is constructing a substantial facility in North Las Vegas for
its operations. “Green Leaf Farms” will be the GLFH’s
consumer brand in our product development as well as branding for
additional facilities. This brand equity will be used to expand into
other states as they receive legislative approval. The Company will not
expand beyond Nevada until this is compliant with Federal laws.

Statement under the Private Securities Litigation Reform Act:

With
the exception of the historical information contained in this Release,
the matters described herein contain forward-looking statements that
involve risk and uncertainties that may individually or mutually impact
the matters herein described, including but not limited to: the ability
of the Company to increase revenues in the future due to the developing
and unpredictable markets for its products, the ability to achieve a
positive cash flow, the ability to obtain orders for or install its
products, the ability to obtain new customers and the ability to
continue to commercialize its products, which could cause actual results
or revenues to differ materially from those contemplated by these
statements.

For Further information contact:

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