Petrogress, Inc. announced that it has formed an Advisory Board to assist in implementing the company’s current plans and identifying means to capitalize on future growth opportunities. Among other matters, the Advisory Board will provide counsel with respect to the company’s corporate governance and capitalization relative to the threshold board qualifications and market capitalization requirements for traditional exchange and on-line trading markets. In addition, the Advisory Board will be tasked with helping develop a comprehensive US and international lobbying and government outreach program to facilitate business plans in the US, the EU and Africa. The initial appointments are Dr. Christine Warnke, PhD, Washington, D.C., and Dr. Demetrios Z. Pierides, PhD, Nicosia, Cyprus. Dr. Warnke has professional and commercial experience at the senior most levels of government and industry world-wide. Her global leadership accomplishments in business, government and philanthropy range from commercial achievements in energy related initiatives to advancement of women’s issues in the international community, especially in Africa, Pacific Rim and India. As an executive and law firm senior advocacy expert, Dr. Warnke has three decades of direct experience working with Fortune 100 companies and has developed an expansive knowledge of diverse industries, including energy, textiles, life sciences, financial services and defense. She brings a unique understanding of governance, leadership development and strategic focus from not only serving on for profit and not-for-profit boards but also serving as an advisor to chief executive officers and executive management team members. Dr. Pierides has long-term experience in operating international business concerns and public company governance. Since 1960, he has been a principal in the Pierides Group, which has operated shipping, banking, insurance and hospitality businesses in and from Cyprus since 1860. He served as a director of the Bank of Cyprus in Cyprus, Greece, the UK and Australia from 1999 to 2006.
Petrogress, Inc., formerly 800 Commerce, Inc., is a holding company. The Company, along with its subsidiaries, is engaged in international trading and shipping business. The Company is engaged in exploring the potential for acquiring or purchasing or leasing newly built liquefied natural gas (LNG) vessels in the United States to be used for the supply and sea freight of the United States LNG exports. The Company's subsidiary, Petrogres Co. Ltd. (Petrogres), operates as an oil commodity company in West Africa. Its other subsidiaries are Petronav Carriers LLC (Petronav) and Petrogress Oil & Gas Energy Inc. (Petrogress Energy). Petronav focuses on primarily managing the day-to-day operation and handling of the tanker fleet it manages. Petrogress Energy is primarily focused on investigating the feasibility of acquiring oil fields in Texas so that the Company can expand its operations into the LNG market within the United States market.
PETROGRESS, INC. 
