PGCX!! We should be hearing an update shortly if He is a man of his word! If not...Lesson learned. Holding until the end of the year. But it would not surprise me if we hear news by the end of this week.
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.[color=red][/color]
