Angel Acquisition Corp (fka AGEL)

[sphistak]

I say "semi-merger" as Gate (a private compnay) now has CONTROLLING INTEREST of AGEL

Why can't anyone get this correct? Gate has controlling interest of AIA(a subdivision) not the company AGEL itself. I really think many need to realize the difference because it may make a difference in the long run....imo

NEW YORK, NY--(Marketwire - March 23, 2011) - 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.

http://www.marketwire.com/press-release/angels-in-action-announces-gate-technologies-acquires-controlling-interest-otcqb-agel-1416685.htm