Caprice - plz re-read that past news ..
DO U REALLY SMELL AN R/S ????
AGEL news - 06/28/10 CARSON CITY, NV -- (MARKET WIRE) -- -- Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) announces that it has successfully retired Nine Billion (9B) authorized shares (A/S). This is a substantial reduction of the A/S by 36%. Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) is researching the retirement of additional shares as well as the potential activation of a share re-purchase program. "Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) is committed to increasing shareholder and investor value," declared Steven Bonenberger, CEO of Angel Acquisition Corp. (AGEL:$0.0002,$0.0000,0.00%) "Our Board of Directors approved this action and on June 25, 2010 disclosed this reduction via a Form 8-K. Our focus is to bring our undervalued stock into alignment with the goals of our company and of our shareholders."
Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) continues to seek a long-term financial partner. The company will not add any additional shares for a period of at least one-hundred and twenty days. The company is currently involved in ongoing discussions with several key financial groups. The target is to secure alternative means of funding for future business initiatives, costs, and operations. About Angel Acquisitions Corp
Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) is a diversified asset management company that acquires and/or develops profitable companies. Angel Acquisition Corp (AGEL:$0.0002,$0.0000,0.00%) either obtains a majority of stock in each company they gain control of, or the company internally develops profitable enterprises. Through the acquisition and development of profitable companies and the expansion of internal divisions, Angel Acquisitions Corp has the ability to experience growth through diverse holdings. Companies turning large profits are analyzed and considered for acquisition. For more information, visit www.angelacquisitions.com.