Angel Acquisition Corp Soon to Close on First of Several Planned Acquisitions

CARLSBAD, Calif., May 20 /PRNewswire-FirstCall/ -- Angel Acquisition Corp
(OTC Bulletin Board: AGEL) announces that it is in the final review stages of
several potential acquisitions. In the near term, the company will look to
formally announce the completion of its initial acquisition. Per the
company's stated business plan, going forward, Angel Acquisition Corp intends
to acquire two to four revenue positive companies in the next 12-24 months.
Angel Acquisition Corp (AGEL) is a diversified company that acquires
profitable businesses in a variety of sectors and industries, for the purpose
of developing and spinning off each successful venture as a publicly traded
company. Shareholders will receive a stock dividend in each portfolio company
that is spun-off. Angel Acquisition Corp obtains a majority interest in each
business it acquires, creating several subsidiaries that consolidate
financials on AGEL's balance sheet. Through these acquisitions, AGEL has the
ability to experience aggressive growth with diversified holdings in several
industry sectors.
Private companies operating with high profit margins or operating in
markets with high profit potential are analyzed and considered as candidates
for an acquisition proposal. Once a majority interest is acquired, the new
subsidiary can further their growth through the financial and industrial
guidance provided by AGEL. The Company is paid fees for administrative costs
associated with the acquisition and spin-off, as well as retaining an equity
position in each company that is spun-off. Once the subsidiary is ready to
enter the public marketplace, AGEL and its shareholders receive a stock
dividend in the newly formed public company. This process provides
shareholders of AGEL with diversified holdings in several public companies.
From time to time, the Company may issue news releases that contain
'forward-looking statements' within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934,
and is subject to the safe harbor created by those sections. This material may
contain statements about expected future events and/or financial results that
are forward-looking in nature and subject to risks and uncertainties. For
those statements, the Company claims the protection of the safe harbor for
forward-looking statement provisions contained in the Private Securities
Litigation Reform Act of 1995 and any amendments thereto. Any statements that
express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions, or future events
or performance are not statements of historical fact and may be
'forward-looking statements.' 'Forward-looking statements' are based upon
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties that could cause actual
results or events to differ materially from those anticipated.
(775) 887-0670
HTTP://WWW.ANGELACQUISITIONS.COM

contact@angelacquisitions.com

SOURCE Angel Acquisition Corp

Angel Acquisition Corp, +1-775-887-0670, contact@angelacquisitions.com