Gail, please read carefully. AGEL used to own BHWF. Not used to "be" BHWF, but used to "own" BHWF. I don't see a recent R/S. The last R/S was 02/04/08. The board refers to this as a "low float" stock. I wonder how it got so low in pps....especially since it retired debt recently...
Angel Acquisition Corp Retires Significant Amount of Long-Term Debt
CARSON CITY, Nev., March 31, 2009 /PRNewswire-FirstCall via COMTEX/ -- Angel Acquisition Corp, (OTC Bulletin Board: AGEL) is pleased to announce the retirement of over $530,000 in outstanding debt. The company converted a large portion of past note-holder debt in the first quarter of 2009. While the company still has approximately $1,000,000 remaining on the notes, this reduction represents a major milestone accomplished.
"This is a great opportunity for us to solidify our company and build upon our revenue sharing business model," said Steve Bonenberger. "We are excited to be reducing our debt and also launching and growing our micro-finance business model. Our Real Estate division, The Palomar Group (www.thepalomargroup.com) is also seeing increased listing and sales activities. Angel Acquisition Corp is committed to developing long-term shareholder value ... and the last few months activities are the direct result of these commitments."
The Angels in Action portal offers entrepreneurs an alternative to traditional financing. Angels in Action provides entrepreneurs, worldwide, an open portal to find, secure and maintain an active Patron Base. The Angels in Action model for operation is fully explained on the website.
Angels in Action has a clear mission. The mission is to help entrepreneurs create thousands of good paying jobs, sustain companies that are troubled in this time of economic uncertainty and bring support systems to each and every entrepreneur that chooses to participate. For more information on Angels in Action and to subscribe to our micro-finance newsletter, visit: www.angelsinaction.tv.
