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Last Post: 12/14/2017 7:24:10 PM - Followers: 165 - Board type: Free - Posts Today: 0

 

 

Virtual Sourcing, Inc. Receives Increase to $25 Million in Funding Engagement Package

Independence, KS, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Virtual Sourcing, Inc. Receives Increase to $25 Million in Funding Engagement Package

WASHINGTON, DC--Virtual Sourcing, Inc. (OTC Pink: PGCX) has received an increase to $25 million in acquisition financing in preparation for additional acquisitions currently being reviewed. Our capital formation agreement for acquisitions and operational funding remains at $25 million bringing our current total engagement package to $50,000,000.

The company is continuing in its quest to grow by acquisition and joint ventures. We are negotiating for a substantial acquisition in the fiberglass manufacturing sector and potential joint venture partners in the fiberglass manufacturing industry. Our auditors are progressing on our audits and those of the operation that has signed a letter of intent to be acquired.

We are expecting to close the initial acquisition in mid-December. Our auditors are continuing to work diligently with the expectation of releasing the audit report near the end of the first week of December allowing us to close the transaction shortly thereafter. Discussions have been held on the need to increase the capital formation package. These discussions indicate that it is likely the capital formation engagement would be increased to at least sufficient funds to complete the second acquisition in Spring.  The requirement to close the second acquisition would cause the capital formation package to rise to approximately $75 million meeting our total funding needs of $100,000,000 to complete both acquisitions plus supply funding for product expansion and operations.

 







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PGCX News: American Diversified Holdings Corp. (OTC Pink: ADHC) 12/06/2017 09:55:00 AM
PostSubject
#15361   This look good but email, website, and phone Gutts2318 12/14/17 07:24:10 PM
#15360   Very much agreed! Just awaiting some nice follow Elcappy1 12/14/17 12:22:57 PM
#15359   Exactly! I am not concerned at all Thunderstruck 12/14/17 08:57:11 AM
#15358   Considering the float is only 250 million here Elcappy1 12/13/17 11:18:06 PM
#15357   lol! I'm in no way of being in Elcappy1 12/13/17 11:15:40 PM
#15356   PGCX....Elcappy1....I like the current news you re-posted!! Thunderstruck 12/13/17 01:20:34 PM
#15355   PGCX....an opportunity to load more!! Slap the Thunderstruck 12/13/17 12:13:37 PM
#15354   One additional point regarding the news release date hammy3777 12/13/17 05:04:04 AM
#15353   Thanks for recognizing the possibles (if not probables) hammy3777 12/13/17 04:19:10 AM
#15352   Agreed, they definitely need to follow up here. PGCX Elcappy1 12/13/17 02:39:32 AM
#15351   That does sound like they could be on hammy3777 12/13/17 12:23:01 AM
#15350   I do truly hope I've been wrong regarding hammy3777 12/13/17 12:05:06 AM
#15349   They closed the first acquisition before mid December... Elcappy1 12/13/17 12:03:32 AM
#15348   lol! Should be interesting to see what happens Elcappy1 12/12/17 11:54:34 PM
#15347   Exactly, the January effect is fast approaching ;) PGCX Elcappy1 12/12/17 11:49:33 PM
#15346   The phone number and email address are exactly hammy3777 12/12/17 07:16:54 PM
#15345   I hope it isn't too much cuz I'm hammy3777 12/12/17 04:40:16 PM
#15344   PGCX...Not even looking here! Holding and waiting! This Thunderstruck 12/12/17 01:52:11 PM
#15343   I still own some for my lotto pick Awl416 12/12/17 12:56:36 PM
#15341   I've been watching this closely and it seems hammy3777 12/08/17 10:27:07 AM
#15340   Anyone manage to contact company and ask if Gutts2318 12/08/17 10:02:57 AM
#15339   Looking yo grab some more today! Can i KingMidasAu 12/08/17 09:52:47 AM
#15338   Like I said the other day we have Thunderstruck 12/07/17 03:44:53 PM
#15337   Yeah just some silly small sells. Not to KingMidasAu 12/07/17 03:30:28 PM
#15336   PGCX!!! This news came out on Thunderstruck 12/07/17 01:53:19 PM
#15335   Just light volume slow down. Do nedd some KingMidasAu 12/07/17 09:45:40 AM
#15334   guess a few idiots want to let go StrangerDangerAlpha 12/07/17 09:39:28 AM
#15333   Gotta smack that ask if you want in!Bid StrangerDangerAlpha 12/07/17 09:29:05 AM
#15332   Lmao! Elcappy1 12/06/17 09:31:24 PM
#15331   Referring to whoever whacked 11 with 180000. $198 trade Awl416 12/06/17 02:00:01 PM
#15330   huh SHOCKER 123 12/06/17 01:55:45 PM
#15329   Sure dump your $198 worth of shares LOL Awl416 12/06/17 01:37:43 PM
#15328   hmm what way will she go lol sure SHOCKER 123 12/06/17 01:23:34 PM
#15327   PGCX...I hope that fellow trader that purchased 835K Thunderstruck 12/06/17 11:18:22 AM
#15326   PGCX....Watch how we are going to bounce from here!! Thunderstruck 12/06/17 11:17:08 AM
#15325   That’s embarrassing Awl416 12/06/17 11:05:41 AM
#15324   I agree....it will move up! That was Thunderstruck 12/06/17 10:45:13 AM
#15323   At least there isn't a giant gap anymore, StrangerDangerAlpha 12/06/17 10:42:25 AM
#15322   PGCX...THEY ARE CONTINUING TO PLAY THEIR GAMES!!! Thunderstruck 12/06/17 10:06:07 AM
#15321   nice to see 0.002s Mr Wowza 12/06/17 10:03:48 AM
#15320   They are bout to get run the F**K KingMidasAu 12/06/17 09:52:56 AM
#15319   I think people are getting tired of the Thunderstruck 12/06/17 09:50:28 AM
#15318   Lol did you see that. Scumbag mm Awl416 12/06/17 09:44:58 AM
#15317   SHOULD BE CLEAR A MULTIPENNYRUNNER NOW knrorrel 12/06/17 08:17:05 AM
#15316   Definitely! HUGE news and filings are around the KingMidasAu 12/06/17 06:50:29 AM
#15315   Absolutely! Great opportunity !! PGCX Thunderstruck 12/06/17 06:08:52 AM
#15314   great awesome news has to be today still knrorrel 12/06/17 03:34:15 AM
#15313   Exactly, those are scare in the OTC. PGCX Elcappy1 12/06/17 03:27:48 AM
#15312   P R O F I T S knrorrel 12/06/17 03:14:52 AM
#15311   Awesome news to build on today!!! Elcappy1 12/06/17 03:13:00 AM
PostSubject