Tamm Oil and Gas Cp (TAMO)

Tamm Oil & Gas Corp. formerly Hola Communications, Inc. was incorporated under the laws of the State of Nevada on October 10, 2005. The Company was formed to provide wireless broadband access in Northern Mexico and Southwestern California. In October 2007, it redirected its business focus to the oil and gas industry. In November 2007, the Company created a wholly owned Nevada subsidiary for the purpose of affecting a name change from Hola Communications, Inc. to Tamm Oil and Gas Corp. It is an exploration stage company. The Company's activities have been limited to organizational matters and: Acquiring oil sands leases; Developing its business plan; and Raising capital to conduct its operations. The Company's heavy oil exploration activities would be conducted on properties located in Alberta Canada. The Company plans to add corporate asset value through the drilling and production of petroleum and heavy oil. The Company has acquired 29 sections (18,560 acres) of heavy oil rights in the Peace River Oil Sands Area of NW Alberta. It competes with oil and natural gas companies and other individual producers and operators. The Company is subject to existing and revisions to governmental regulations, including accounting for and payment of royalties on production from Provincial, Federal and Native lands.