Alaska Pacific Energy Corp Completes Acquisition of LiteFog Inc.
Miami Fl. February 18, 2014. Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced
this morning that it has completed its acquisition of Litefog Inc. of Boca Raton, Florida. Litefog
(www.litefog.com) is an online platform that is designed for connecting employment-related
services to business and individuals.
LiteFog President and Founder, Rick Brouse said this morning that “ Litefog is fast becoming a
time-saving, cost-efficient, game changer in the hiring process and to penetrate the job sourcingcontrolled
share of the internet market. ("Job sourcing" being the key word here rather than "job
listing. "
Job sourcing is the process of finding resumes within the recruitment process. Recruiters, both
third party and corporate, need to find qualified candidates for their open job orders, oftentimes
with a very unique or niche work experience. Sourcing refers to the initial part of recruiting) “
I have spent years developing this program base so as to be able to scale up as fast as we need
to.” continued Mr. Brouse.
Alaska Pacific President, Dominick Falso further states, “ We are very excited about this
acquisition as we have indicated we have every intention of taking ASKE to the QB…to become
a reporting company, after which we will strongly consider a ‘ a form N 54 ” to become a
Business Development Company. Becoming a BDC will enhance our profile and should attract
other solid acquisition target. We are not forgetting the fact that we are first and foremost an
Exploration Company in the Energy-Oil/Gas/Mineral Industry. We fully expect to explore
further possibilities in the Oil & Gas Field and hope to provide more clarity on available
opportunities as they become finalized. "
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and uncertainties, including statements as to the
future performance of the company and the risks and uncertainties detailed from time to time in
reports filed by the company with the Securities and Exchange Commission. Although the
company believes that the expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to differ include, but are not
limited to, the company’s ability to raise necessary financing, retention of key personnel, timely
delivery of inventory from the company’s contract manufacturers, timely product development,
product acceptance, and the impact of competitive services and products, in addition to general
economic risks and uncertainties.
CONTACT: Alaska Pacific Energy Corp.
Dominick Falso, President d.falso@alaskapacificenergy.com
www.alaskapacificenergy.com
Miami Fl. February 18, 2014. Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced
this morning that it has completed its acquisition of Litefog Inc. of Boca Raton, Florida. Litefog
(www.litefog.com) is an online platform that is designed for connecting employment-related
services to business and individuals.
LiteFog President and Founder, Rick Brouse said this morning that “ Litefog is fast becoming a
time-saving, cost-efficient, game changer in the hiring process and to penetrate the job sourcingcontrolled
share of the internet market. ("Job sourcing" being the key word here rather than "job
listing. "
Job sourcing is the process of finding resumes within the recruitment process. Recruiters, both
third party and corporate, need to find qualified candidates for their open job orders, oftentimes
with a very unique or niche work experience. Sourcing refers to the initial part of recruiting) “
I have spent years developing this program base so as to be able to scale up as fast as we need
to.” continued Mr. Brouse.
Alaska Pacific President, Dominick Falso further states, “ We are very excited about this
acquisition as we have indicated we have every intention of taking ASKE to the QB…to become
a reporting company, after which we will strongly consider a ‘ a form N 54 ” to become a
Business Development Company. Becoming a BDC will enhance our profile and should attract
other solid acquisition target. We are not forgetting the fact that we are first and foremost an
Exploration Company in the Energy-Oil/Gas/Mineral Industry. We fully expect to explore
further possibilities in the Oil & Gas Field and hope to provide more clarity on available
opportunities as they become finalized. "
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and uncertainties, including statements as to the
future performance of the company and the risks and uncertainties detailed from time to time in
reports filed by the company with the Securities and Exchange Commission. Although the
company believes that the expectations reflected in its forward-looking statements are
reasonable, it can give no assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to differ include, but are not
limited to, the company’s ability to raise necessary financing, retention of key personnel, timely
delivery of inventory from the company’s contract manufacturers, timely product development,
product acceptance, and the impact of competitive services and products, in addition to general
economic risks and uncertainties.
CONTACT: Alaska Pacific Energy Corp.
Dominick Falso, President d.falso@alaskapacificenergy.com
www.alaskapacificenergy.com
