GVC Venture Corp. (GPAX.OB) Announces Reverse Merger with Financial Holding Company Halo Group Inc.
QualityStocks (October 20th, 2009) Writes:
GVC Venture Corp. made a formal announcement of its recent acquisition of financial services holding company Halo Group Inc. in Allen, Texas, which was effective September 30, 2009.
The acquisition will enable GVC to provide consumers with financial solutions as the company takes advantages of Halo’s nationwide financial services. Through its nine subsidiaries, Halo offers mortgage brokerage, real estate representation and insurance protection, as well as financial distress assistance.
“We believe Halo’s completely integrated group of companies is the only one of its kind in the industry today. Our position in the market provides a compelling opportunity during these troubling economic times. We are prepared to meet this challenge head on and assist the consumers with their financial needs,” Cade Thompson, chairman and CEO of GVC stated in the press release.
According to the company, Halo common shareholders were issued a special class of GVC preferred stock. If all presently outstanding
...Allen, Cade Thompson, chairman and CEO, challenge head, Financial Services, financial solutions;, GVC Venture Corp., Halo Group Inc., Insurance Protection, integrated group;, Investing Lessons, mortgage brokerage, Paul Williams, real estate representation, Small & Micro Cap, Texas, vice chairman and CFO


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