AGOE NEWS....................... Amerigo Energy,
Post# of 2559
Amerigo Energy, Inc. acquires Quest Solution, Inc.
Acquisition of Quest Solution, Inc. takes Amerigo Energy, Inc. to the next level.
HENDERSON, Nev., Jan 11, 2014 (GLOBE NEWSWIRE via COMTEX) -- via PRWEB - Amerigo Energy, Inc. "The Company" (OTCBB: AGOE), is pleased to announce the purchase of Quest Solution, Inc. "Quest" is a leading provider in the technology, software, and mobile data collection systems business. http://www.QuestSolution.com
Kurt Thomet, Founder and President of Quest Solution, Inc. commented on the acquisition, "We are excited for this next step in the future of the company and equally excited to be a part of Amerigo Energy, Inc."
George Zicman, Co-Owner and Vice President of Sales added "Structurally there will be no changes to our Company and our more than 1,500 customers will still receive the exceptional service they have received since 1994."
Quest achieved unaudited revenue of approximately $34 million for calendar year 2013, with approximately $8 million in assets ($7.5 million of which are current assets) as of December 31, 2013. Quest has engaged Amerigo Energy's PCAOB auditor to complete the financial statement audits for the years ended December 31, 2013 and 2012.
"The acquisition of Quest Solution furthers our strategy to acquire existing revenue producing and cash flow positive companies." Jason Griffith, Chief Executive Officer of Amerigo Energy, Inc. continued, "The executive team at Quest is top notch and I am excited for the future of the Company."
The Company will be filing additional information, along with the purchase documents in a Form 8-K with the Securities and Exchange Commission for all shareholders within the coming days. The Company also noted there were no shares issued for this acquisition.
About Amerigo Energy, Inc.