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Diamond I, Inc (DMOI.OB) Announces Revised Oil and Gas Strategy

Diamond I, Inc (DMOI.OB) announced that the company has received numerous oil and gas proposals since their initial diversification into the oil and gas industry. Currently, Diamond I expects that the company will continue to receive a high volume of business proposals as the price of oil continues to rise. The company expects to begin additional near-term oil production without sacrificing DMOI’s long-term success immediately.

David Loflin, CEO, stated, “We are understandably excited by the reaction to our entry into the oil and gas marketplace. With our six-well deal already in hand, we are intent on taking advantage of the existing momentum.”

Diamond I continues to operate their free online Poker site, IslandBlueCasino.net, a for-entertainment-only site. The company also expects to finalize their “GS3” hand-held gaming unit within the upcoming months.

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