Home Business News ASU’s Small Business Development Center sets events

ASU’s Small Business Development Center sets events

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Staff report
Published 6:42 p.m. CT Nov. 12, 2017

BUSINESS BRIEFS

ASU-SBDC to host tax prep training

The Angelo State University Small Business Development Center will offer the “Tax Planning and Reporting for a Small Business” seminar from 3-5 p.m. Thursday, Nov. 16, at the Business Resource Center, 69 N. Chadbourne St.

The course is aimed at those who dread tax season, by helping them to begin preparing now, with information on how to navigate through all of the tax information necessary for small businesses, and tips on how to save time and stress during the upcoming tax season.

Cost of the training is $20, and attendees are asked to register in advance to ensure adequate seating and materials are available. 

Call 325-942-2098 or register online at www.sbdc.angelo.edu.

Business Brown-Bag luncheon set for Nov. 21

The ASU-SBDC joins the Chamber of Commerce and The Business Factory to provide entrepreneurs and business owners with an opportunity to listen to informative speakers during the lunch hour. 

The next luncheon theme is “The Depressurized Zone,” which is slated for noon-1 p.m. Tuesday, Nov. 21, at the Business Resource Center Training Room, 69 N. Chadbourne St. with speaker Becky Benes.

The event is free and open to the public, and attendees may order a $7 box lunch when they RSVP.

Call 325-655-4136 for more information, or to register.

Penny-stock world excited about West Texas refinery

MMEX Resources Corporation of Austin is looking for new capital to build a refiners around Fort Stockton, and according to the San Antonio Business Journal, the company is going to need about 45 billion pennies to do it.

The company made big waves in the penny-stock trading world when they announced their plans to build the facility, at an estimated cost of $450 million.

The Journal reports penny-stock traders created a feeding frenzy after the news, raising the value of the company’s stock from 1/100th of a cent to a six-year high of 5.63 cents-per-share on April 4.

The company’s goal is to build a refinery that will handle crude oil from the Permian Basin, turning out refined products that can be easily shipped by rail to meet growing demand in Mexico.

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