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CNSV Expecting Coal Royalties From Its Owsley and LeeCo Properties to Commence in the First Quarter of 2009 and Expects Coal Royalties to Exceed $2,000,000 in 2009

Posted on: Thursday, 4 December 2008, 05:15 CST

HENDERSON, Nev., Dec. 4 /PRNewswire-FirstCall/ -- Consolidation Services, Inc. ("CNSV"), (OTC Bulletin Board: CNSV), engaged in acquiring land for organic farming operations and developing potential energy reserves on some of its acquired and leased properties announces that CNSV expects to receive coal royalties from the Owsley and LeeCo properties in the first quarter of 2009 and expects royalties to exceed $2,000,000 in 2009. CNSV has filed two Master Mining Permits with the Division of Mines, State of Kentucky.

The Master Mining Permits will enable the Company to surface mine approximately 1,000,000 tons of coal at the projected amount of 40,000 tons per month. Total royalty revenues from the 1,000,000 tons of surface mineable coal that CNSV is expected to receive is $5 million based on $100 per ton.

"This anticipated revenue from coal royalties will enable CNSV to accelerate revenue growth by doubling or tripling coal permitting activities. Revenue growth from coal royalties is also expected to enable CNSV to allocate funding for natural gas drilling activities in 2010," said Dr. Johnny R. Thomas, President/CEO of CNSV.

About Consolidation Services, Inc.

CNSV is engaged in the acquisition of land with the mineral rights for the production of food and energy. The Company is also acquiring land for organic certification and grazing of beef, dairy and wild game on grass fed pastures, while also utilizing much of the acquired lands in connection with the Company's energy development plans in the near-term. The Company intends to make energy resource recovery and organic/natural farming work synergistically because modern recovery methods not only avoid damage to the land but also enhance arability.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. Without limiting the foregoing, the words "believe," "anticipate," "plan," "expect," "seek," "potential," "estimate," and similar expressions are intended to identify forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements.

Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

SOURCE Consolidation Services, Inc.

Source: PR Newswire

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