3SOF

CADD - Volume Alert.......

Caddo International, Inc., is a provider of products and services to the oil and gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the Louisiana and Texas regions.

Press Release Source: Caddo International, Inc.
Caddo International Inks Deal Officially Acquiring 60 Oil Wells and Prepares for Rapid Growth

OIL CITY, La., May 17 /PRNewswire-FirstCall/ -- Caddo International, Inc. (Pink Sheets: CADD - News) announces full ownership, rights, and assets to 60 new Oil wells. Caddo International has officially taken over 60 Oil well properties from Black Dragon Resources. Caddo's Management moved fast and swiftly to get this acquisition consummated for its shareholders, rapid expansion and future growth.

The President of Black Dragon Resources announced today that the Company has agreed to cancel all of the preferred stock given to Caddo International Inc. for specific oil properties that the Company has not had the time to get to because of previous commitments. This includes 60 Oil well properties. The reason for this move is to help clean up the capital structure of Black Dragon Resources. The company looks to spend their resources on drilling new wells and maintaining what they can handle on the existing producing wells.

Caddo International is very excited about this move with Black Dragon as it comes on the heels of its newly announced spinoff subsidiary, Petrolind Drilling Company, for their current and future new shareholders. With the new 60 Oil well properties, including Petrolind's 10 Oil & Gas wells, this adds tremendous shareholder value. Caddo remains focused on initiating drilling and rework programs to fully maximize Oil & Gas production in order to rapidly grow the company.

CADD SPINOFF DETAILS: Current shareholders as well as new shareholders that own or buy shares in CADD.PK on or before June 1st, 2009 will receive 1 FREE share of Petrolind Drilling Company for every 20 shares they own of CADD.PK. In addition to the spinoff, Caddo will be offering a warrant. The warrant will be for 100 shares at 50 cents.

We also look to announce another spinoff company which is being developed in the Green Housing Market. More information on this company will be announced very soon.

Caddo International, Inc., is a provider of products and services to the Oil and Gas industry. The Company provides and integrates products and services through exploration, development, production, operation and maintenance in the Louisiana and Texas regions. Caddo has approximately 15 employees. Formerly named Petrol Industries, the Company has successfully been in business for over 40 years. Company is focusing on providing contracting services in Caddo, Desoto, Bossier, and Claiborne Parishes, as well as East Texas. Caddo intends to continue to expand its customer base while continuing to increase the depth and scope of the services it provides.

Forward-Looking Statements - Safe Harbor:

Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.


        Caddo International, Inc.
        Oil City, LA
        Tel: 318.995.0404
        Email: [email protected]

Expecting more aggressive accumulation this week as well that could drive the price up even further because of the news.
Pennies are a risk, so only invest what you can lose and in the mean time, let the company you are investing in do what they do best. If someone is that fearfull or uncertain in their investment, it is best they find another company.

52wk Range: 0.02 - 3.78
Volume: 21,943,370
Avg Vol (3m): 27,384.4

Technicals
Record Volume
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
253.22%above 13-day MA
718.10%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): $0.03 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A