Gepco, Ltd. Agrees to Acquire Peter Marco, LLC
Business Wire - Tue Apr 29, 2:12PM CDT
Gepco, Ltd. (GEPC), announced today that the company has signed a letter of intent with Peter Marco, LLC to acquire 100% of its outstanding equity interests, which are owned by Peter Voutsas, Gepco's CEO. The purchase price shall be payable in cash, Gepco stock, and a purchase money note in amounts based upon good faith negotiation after receipt of a third party appraisal. The closing of this transaction is subject to definitive documentation and the satisfaction of all conditions set forth therein, and is expected to occur in late July.
Gepco, Ltd. Announces Results for Its First Quarter of Diamond Sales
Business Wire - Wed Apr 02, 8:01AM CDT
Gepco, Ltd. (GEPC), announced today that its GemVest subsidiary has generated $605,000 in diamond sales in its first quarter of operations. Sales efforts began on March 17th, which means the company generated these figures in only 14 days of activity. GemVest's net profits were approximately $65,400, or 10.8% of revenues. The 10.8% net profits compare favorably to the industry average of 7.6% as reported by Yahoo Finance: http://biz.yahoo.com/p/742conameu.html
Gepco, Ltd. Announces First Sale by GemVest, Ltd.
Business Wire - Wed Mar 19, 8:01AM CDT
Gepco, Ltd. (OTCQB: GEPC) announced today that its subsidiary, GemVest, Ltd., has made its first sale of an investment-grade diamond.
Gepco, Ltd. Announces New Diamond Acquisition by GemVest, Ltd.
Business Wire - Thu Jan 23, 2:48PM CST
Gepco, Ltd. (OTCQB: GEPC) announced today that its subsidiary, GemVest, Ltd., has purchased a new investment grade diamond.
Gepco, Ltd. Announces the Acquisition of GemVest, Ltd.
Business Wire - Tue Dec 10, 12:57PM CST
Gepco, Ltd. (OTCQB: GEPC) announced today that it has consummated the acquisition of GemVest, Ltd., a Nevada corporation. On October 15, 2013, Gepco, Ltd. (the "Company"