Visual Healthcare Corp. (OTC: VSHC) Announces Acquisition of Velocity Manufacturing Corporation

Date : 07/31/2019 @ 6:29PM
Source : InvestorsHub NewsWire
Stock : Visual Healthcare Corp. (PN) (VSHC)
Quote : 0.018  0.0 (0.00%) @ 12:00AM

Visual Healthcare Corp. (OTC: VSHC) Announces Acquisition of Velocity Manufacturing Corporation

Visual Healthcare Corp. (OTC: VSHC) Announces Acquisition of Velocity Manufacturing Corporation

 

Houston, TX -- July 31, 2019 -- InvestorsHub NewsWire -- Visual Healthcare Corp. (OTC PINK: VSHC) announced today that the company has signed on its second acquisition target, Velocity Manufacturing Corporation. Mr. Linh Nguyen, LTN Capital's CEO, stated, “We are extremely excited to add Velocity to our family of companies. With 2018 revenue of nearly $3MM and approximately $400K monthly average run rate in the first half of 2019, this is an excellent acquisition to help bolster our balance sheet. Velocity is a perfect example of the types of companies we intend to acquire with modest revenues poised for rapid growth.” Velocity also currently has bids for contracts, that if successful, will result in growth above what the company has experienced this year already.  

 Velocity Manufacturing Corporation provides unparalleled and exceptional service, quality, and delivery and serves several multi-billion dollar clients. Velocity's design, drafting, and CNC technology are driven by skilled and licensed engineering professionals. The company operates in a broad range of industrial sectors with promising new opportunities in nuclear energy. With a facility situated on several acres running state-of-the-art equipment, Velocity has the capacity to meet the highest quality demands and production volume while maintaining a culture of safety first throughout the work environment. 

LTN Capital Ventures is also getting closer to the unveiling of its new name and brand identity for VSHC. An announcement will be made soon along with the release of its website in the following weeks. The new website will provide information with LTN Capital's potential business units and how each piece will come together. Follow @LTNCap on Twitter to stay updated with the latest news. 

About LTN Capital Ventures 

LTN Capital invests in emerging growth companies in energy, oil & gas, renewables and industrial manufacturing sectors. LTN Capital’s executive management team brings over 50 years of experience in the global energy market. The company’s growth strategy includes deepening products and services offered to existing customers as well as acquiring complementary business units. 

To subscribe to company updates, please visit the Company's website at ?www.ltncap.com -- also follow VSHC at ?www.twitter.com/LTNCap. 

About Velocity Manufacturing Corporation 

Velocity Manufacturing Corporation, based in Houston, Texas, provides Computer Numerically Controlled (CNC) machining and fabrication services to national and global energy organizations. The company's leadership brings over 50 years of industry knowledge and experience. Velocity's skilled professionals, high-tech tools and technology drive its unmatched service, standards, safety, and growth. 

For more information about Velocity Manufacturing visit www.velocitymfgcorp.com or contact the Company directly at 1-713-849-1300. 

 

Contact Information 

VSHC Shareholder/Investor inquiries can be directed to: 

LTN Capital Ventures 

1-713-849-1300 

investors@ltncap.com

 

Safe Harbor Statement – In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief or expectations of the Company and members of its management team with respect to the Company’s future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company’s business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company’s website. The Company disclaims any responsibility to update any forward-looking statements. 

 


 

 

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