Visual Healthcare Corp. Announces Shareholder Update
March 19 2019 - 8:39AM
InvestorsHub NewsWire
Visual Healthcare Corp. Announces Shareholder Update
New Management, No Reverse Split, and Dynamic Business Plan Lead
Turnaround Efforts
HOUSTON, TX -- March 19, 2019 -- InvestorsHub NewsWire -- Visual
Healthcare Corp. (OTC PINK: VSHC) announces it has been acquired by
LTN Capital Ventures, LLC. VSHC has signed new and revised board
resolutions that officially create new management and approves the
new direction of the Company. Mr. Linh Nguyen, CEO, states, ''We
are excited about the new direction of VSHC and we are confident
that our management team will efficiently fulfill the requirements
of restructuring the company to create maximum shareholder value.
There are many administrative tasks to accomplish that will take
some time but we will expedite these items quickly so that we can
move forward on our acquisition strategy. Additionally, I want to
report to our shareholders that we do not plan on a reverse split
for the foreseeable future.''
LTN Capital Ventures plans to create a diversified oil & gas
solutions provider by rolling up several companies that offer
complementary products and services. Hi-Alloy Valve will be the
first of many. Our first set of acquisition targets had
approximately $15MM revenue in 2018. We are targeting over $100MM
in combined revenue long term once all acquisitions are complete.
In the coming weeks we will diligently work to: get current with
OTC Markets, explore opportunities to cancel the stock of old
management, and implement a stock buy-back program. We believe
these steps will create a solid base for rapid growth and help
build long-term shareholder value.
We would also like to take this opportunity to introduce you to
our new leadership team:
Mr. Linh Nguyen, CEO
Mr. Linh Nguyen, a University of Houston Industrial Management
graduate, is currently President of Velocity Manufacturing
Corporation, a precision CNC machine shop located in Houston,
Texas, which specializes in supplying manufactured components
primarily for the oil and gas industry. He is also partner in two
Houston area restaurants: Aka Sushi House and Tiger Den. Mr.
Nguyen's past experience and achievements include being a Regional
Vice President with Primerica Financial Services where he worked
with clients to help them become debt free and financially
independent.
Mr. Luis Beita, President
Mr. Luis Beita currently serves as CEO of Hi-Alloy Valve. Mr. Beita
previously served as Director for Latin America with a North
American valve manufacturer, opening markets and establishing
brands in various countries including Brazil, Mexico, Colombia,
Ecuador and Peru. In the past, Mr. Beita has held management
positions with prominent multinationals such as Darlington &
Simpson Rolling Mills, a subsidiary British Steel, and Sumitomo
Corporation, one of Japan's top 5 trading companies.
Mr. Long Nguyen, COO
Mr. Long Nguyen is currently the Vice President and General Manager
of Velocity Manufacturing Corporation, a precision CNC machine shop
in Houston, Texas, which specializes in manufacturing components
mainly for the oil and gas industry. Mr. Nguyen, a graduate of
Texas A&M University, oversees the daily operations at
Velocity. He is also an Eagle Scout and serves as an advisor for a
Rover Scout group in Houston, Texas, offering school and career
advice to young Scouts.
About LTN Capital Ventures
LTN Capital invests in emerging growth companies in the energy,
oil & gas, and industrial manufacturing sectors. Our management
team is comprised of executives with over 20 years of experience in
the oil and gas industry and has executed contracts with global
reach. The company's growth plan is to not only expand its business
revenues but will also grow through acquisition roll-up of
complementary businesses in the energy sector.
To subscribe to company updates, please visit the Company's
website at www.ltncap.com -- also follow VSHC
at https://twitter.com/LTNCap.
About Hi-Alloy Valve
Hi-Alloy Valve (HAV) is a leading supplier of valves for various
energy industries. The primary focus of the company is on wellhead
(API 6A upstream) and pipeline (API 6D midstream) valves for the
oil and gas industry. HAV is a certified ISO 9001 and API Q1
company that serve the global energy market by delivering high
quality valves with exceptional turnaround time.
For more information about Hi-Alloy Valve visit
- www.hialloyvalve.com or contact the Company directly at
1-713-856-9777. Make sure to follow the company on Twitter
at www.twitter.com/hialloyvalve.
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 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.