Pacific Oil Company Changes Name To Financial Gravity Companies, Inc.

Pacific Oil Company (OTC: POIL) has announced a name change to Financial Gravity Companies, Inc. after the recent acquisition of Financial Gravity Holdings, Inc. and its seven (7) subsidiaries.

The company's Board of Directors and Shareholders have approved the name change. It was then approved by the State of Nevada Secretary of State and has also been filed with the Securities & Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

"The Board and Shareholders are pleased to make this change which better reflects the current business focus on financial services," said Paul Williams, Vice Chairman of the Board & Chief Financial Officer for Financial Gravity.

About Financial Gravity Holdings, Inc.

Financial Gravity Holdings, Inc., provides integrated tax, business, and financial solutions. Clients include small business owners and high net-worth individuals. Services are focused on helping its clients' personal and professional goals, while building wealth, most often with potential tax savings, lowering costs, and improving efficiency. For details, visit

Financial Gravity Forward-Looking Statements

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect Financial Gravity's business and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

View source version on

Copyright Business Wire 2010