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Friday, 05/13/2011 1:14:10 PM

Friday, May 13, 2011 1:14:10 PM

Post# of 21127
I hate to be a fear monger, but I notice everyone keeps saying Gate acquired AGEL. Am I reading this incorrectly?:

GATE Technologies, LLC, announced today that it has acquired controlling interest in Angels in Action ("AIA"), an operating division of Angel Acquisition Corp. (OTCQB: AGEL) (PINKSHEETS: AGEL), enhancing the offerings of its subsidiary, GATE Global Impact ("GGI"). Angels in Action is a Carlsbad, California based company focused on providing microfinance services in the U.S. marketplace. AIA's platform enables eligible American entrepreneurs to secure quick-and-ready financing through peer-to-peer loans and microloans. The terms and conditions of the sale will be announced and fully disclosed in the near term.

Gates acquired AIA, a division of AGEL, not the parent company...

Risk/Investment, it's all the same!!

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