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TX Holdings, Inc. Retains New Investment Bankers, The Baron Group Ltd.


ABILENE, Texas Abilene is a city in Taylor County, Texas, United States, in the central portion of the state. The population was 115,930 at the 2000 census. It is the principal city of the Abilene, Texas Metropolitan Statistical Area, which had a 2006 estimated population of 158,063.  -- TX Holdings, Inc. (Pink Sheets:TXHG) has retained the Baron Group for investment and merchant banking services. http://www.baron.com.hk/english/aboutus.asp

The Baron Group with offices in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Vancouver B.C. and now New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 is very well suited to help us with exciting new opportunities both foreign and domestic.

The partners bring an extensive list of current and previous strategic domestic and international energy clients such as Sinopec Kanton Holdings (NYSE NYSE

See: New York Stock Exchange
:SHI) (SAK SAK Svenska Afghanistankommittén (Swedish Committee for Afghanistan: Stockholm, Sweden)
SAK Server Appliance Kit
SAK Secure Attention Key
SAK Swiss Army Knife
SAK Saif Ali Khan (actor) 
:SG) and Teton Energy (AMEX AMEX

See: American Stock Exchange
:TEC). Mark Neuhaus, Chairman stated: "having gotten to know the partners, we look forward to working with Baron as the Company goes into its next stages of growth. They are a very creative and resourceful group that will present us with tremendous opportunities in order to fuel our development."

This will give TX Holdings the financial and strategic strength to continue the rapid rate of growth that we have experienced this past year.

About TX Holdings, Inc.

TX Holdings Inc. is an oil and gas acquisition, development and production company, focusing primarily on shallow low risk, high yield opportunities in west Texas. As previously stated the company has over 55,000,000 barrels of recoverable reserves that it's in the process of bringing into production. www.txholdings.com

About Baron Group Ltd.

Baron Group Ltd. is an international and domestic merchant and investment banking firm with extensive experience in both finance and energy.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

The information provided in this Press Release does not constitute an offer or a solicitation of an offer for the purchase or sale of any shares or other securities of TX Holdings, Inc. There are substantial risks associated with investing in development stage energy exploration companies. No securities commission or similar authority has in any way approved any of the information contained in this press release.

Forward-looking statements: This press release and other statements by TX Holding Inc. may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  with respect to the outlook for earnings and revenues, other future financial or business performance, strategies and expectations. Forward-looking statements are typically identified by words or phrases such as "believe," "expect," "estimate," "position," "assume," "potential," "outlook," "continue," "remain," "maintain," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," or similar expressions.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 20, 2006
Words:390
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