FT. WORTH, TX / ACCESSWIRE / June 11, 2015 /
Victura Construction Group Inc., (OTC: VICT) a
vertically-integrated construction holdings company reaffirms its
position in the market as the nation's midsection, particularly the
states of Oklahoma and Texas, have been battered by severe weather
events in recent weeks.
During the month of May, Texas and Oklahoma had record-breaking
rainfall, obliterating previous monthly totals while only entering
the last week of the month. Houston, Texas was pummeled with over
eleven inches of rain in a 24 hour period. The onslaught of rain
and rapid ground saturation has caused severe flooding in both
states and particularly in Texas, where over 1,000 homes washed
away from their foundations by fast moving water. Over 37 Counties
were declared a state of emergency by Texas Governor Greg
Abbott.
Said CEO Charly Everett: "Sadly, the trend of weather related
disasters continue to escalate each year in the heartland of
America. Through our subsidiaries, Victura stands ready to continue
40 years of service to those in desperate need of assistance from
an organization that cares not only about the outcome of the
property restoration, but the restoration process of their lives.
Because of the execution of that philosophy, Victura subsidiaries
continue to be the leaders in the insurance restoration markets in
which we operate."
Victura has eight operating subsidiaries in the construction
industry: Cherubim Builders Group Texas which is comprised of three
core subsidiaries Gregg Construction Company, WaterMasters
Restoration, Inc. and Designer Lane. Cherubim Builders Group/OKC,
Gregg Commercial Construction, Cherubim Custom Millworks, Cherubim
Interests, Victura Roofing, Victura Electric, and Artus Global
Solutions round out the roster of other vertically-integrated
subsidiaries.
Gregg Construction Company
Gregg Construction Company specializes in Water, Fire and Storm
Restoration and reconstruction services. Gregg Construction Co. has
42 years of history servicing the restoration and insurance claims
industry in the Dallas-Fort Worth area, establishing a reputation
of being exemplary in industry knowledge, project execution and
overall Homeowner and Carrier satisfaction.
WaterMasters Restoration Inc.
WaterMasters Restoration, Inc. also specializes in Water, Fire,
and Storm restoration and reconstruction services, with an emphasis
on large loss occurrences. WaterMasters has certified professionals
in estimating and project management guarantee exceptional service
and outcome in residential and commercial losses. WaterMasters has
60 years combined experience in servicing the insurance industry,
and has distinguished itself with claims adjusters by providing
incomparable large loss project management and execution that saves
the insurance carriers money in ALE (alternative living expenses),
which gets homeowners back into their homes in a shorter time span,
creating value for both parties.
Designer Lane
Originally created as a material supply company to service
sister companies Gregg Construction and WaterMasters Restoration,
Designer Lane delivers an entire experience - a turnkey renovation
service with three principle area of focus: kitchens, bathrooms and
outdoor living areas. Because of its volume and negotiated pricing
with suppliers, Designer Lane can also deliver almost any building
component as a supplier to builders, general contractors and
multi-family developers at a great price point.
Cherubim Builders Group, OKC
CBG/OKC has a "showroom ready" Downtown Oklahoma City location
branded with the "Designer Lane" concept and relationships. CBG/OKC
focuses on opportunities in restoration and reconstruction, as well
as multi-family and new home construction in Oklahoma. This launch
of operations, products and services will serve as the "template"
for future market expansions.
Gregg Commercial Construction
Gregg Commercial Construction Company is a full service
commercial general contractor currently working in the DFW and
South Texas markets with services that include full service general
contracting/ground up, demolition, white box, tenant finish out,
commercial insurance Fire/Water restoration and reconstruction, and
Maintenance contract services.
Cherubim Custom Millworks
Cherubim Custom Millworks, Inc. is a full-service architectural
millwork business providing custom interior and architectural
woodwork and stonework subcontractor for residential and commercial
General Contractors, Architects and Builders.
Cherubim Interests
More than a buyer, Cherubim Interests is led by highly
experienced directors and a notable management team who are experts
in their specific disciplines of property management, construction,
and finance. Cherubim Interests aims to fulfill its vision to be a
leader in alternative construction, and real estate development,
management, and investment opportunities.
Victura Roofing
Led by industry professionals with a 20 year track record of
success, Victura Roofing provides quality work to our internal
subsidiaries as well as a platform for market business
opportunities in the Dallas/Ft. Worth and Oklahoma City areas.
Victura Electric
As with Victura Roofing, Victura Electric provides the internal
service required to facilitate all subsidiary projects, as well as
begin to capitalize on market opportunities to quickly expand its
own service footprint.
Artus Global Solutions
Artus Global Solutions (AGS), is an international logistics
company comprising a unique team of professional business leaders
with successful track records of growing organic businesses and
winning new opportunities in sometimes difficult, austere
international environments. AGS leadership has more than 25 years'
experience working with companies providing goods and services to
commercial companies, foreign and domestic governments, and defense
providers around the world.
About Victura Construction Group Inc.
Victura Construction Group, Inc., (OTC:VICT), is a
vertically-integrated construction holdings company focused on
strategic acquisitions within industries that service both
residential and commercial sectors in new development and
construction projects, restoration and re-build following any
covered loss or catastrophic event, and materials supply
opportunities within the industry.
Victura operates with excellent business practices and
management expertise, sound ethics, financial resources as
applicable, and utilizes strategic industry relationships to help
add to the success of any acquired company(s). The company(s) can
be found at www.victuraconstruction.com.
SAFE HARBOR
This press release contains forward-looking statements regarding
future events and our future results that are subject to the safe
harbors created under the Securities Act of 1933 (the "Securities
Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
All statements other than statements of historical facts included
in this report regarding our financial position, business strategy,
plans and objectives of management for future operations, industry
conditions, and indebtedness covenant compliance are
forward-looking statements. When used in this report,
forward-looking statements are generally accompanied by terms or
phrases such as "estimate," "project," "predict," "believe,"
"expect," "anticipate," "target," "plan," "intend," "seek," "goal,"
"will," "should," "may" or other words and similar expressions that
convey the uncertainty of future events or outcomes. Items
contemplating or making assumptions about, actual or potential
future sales, market size, collaborations, and trends or operating
results also constitute such forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties, and important factors (many of which are beyond our
company's control) that could cause actual results to differ
materially from those set forth in the forward-looking statements,
including the following: oil and gas prices, general economic or
industry conditions, nationally and/or in the communities in which
our company conducts business, changes in the interest rate
environment, legislation or regulatory requirements, conditions of
the securities markets, our access to capital, changes in
accounting principles, policies or guidelines, financial or
political instability, acts of war or terrorism, and other
economic, competitive, governmental, regulatory and technical
factors affecting our company's operations, products, services and
prices.
We have based these forward-looking statements on our current
expectations and assumptions about future events. While our
management considers these expectations and assumptions to be
reasonable, they are inherently subject to significant business,
economic, competitive, regulatory and other risks, contingencies
and uncertainties, most of which are difficult to predict and many
of which are beyond our control.
Contact:
Victura Construction Group, Inc.
Patrick J. Johnson
Chief Communications Officer
(844) 842-8872
IR@victuraconstruction.com
SOURCE: Victura Construction Group, Inc.
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