Consolidated Services Announces Engagement Of TriPoint Global Equities To Identify And Evaluate Targets For Acquisition
LAS VEGAS, May 12 /PRNewswire-FirstCall/ -- Consolidation Services, Inc. ("CNSV") (OTC Bulletin Board: CNSV), an exploration and production company engaged in the acquisition and development of domestic oil and gas mineral rights, has engaged New York-based investment bank TriPoint Global Equities, LLC as its financial advisor to assist in identifying, evaluating and financing prospective targets for acquisition by CNSV.
"Because our growth relies in part on an aggressive acquisition strategy, we felt the need to bring on assistance in sourcing and financing compelling opportunities," states Gary Kucher, President. "TriPoint has an excellent reputation for assisting emerging public companies like ours to realize their strategic and value objectives, and we believe they will be able to facilitate acquisitions in the near term. We look forward to working closely with their banking team to uncover and finance high potential acquisition targets."
For its services, TriPoint will receive a specified percentage of the value of the transactions identified by them and a percentage of any financing placed by them.
About Consolidation Services, Inc.CNSV is engaged in the acquisition, development and operation of domestic oil and gas mineral rights. The Company owns oil and gas rights on approximately 13,500 acres in eastern Kentucky and Tennessee. The Company owns 39 oil wells and 19 gas wells. For more information, please visit www.consolidation-services.net About TriPoint Global Equities, LLC TriPoint Global Equities, LLC ("TriPoint Global"), a FINRA member firm, is a boutique investment bank that provides U.S. and non-U.S. companies of up to $500 million in revenue with capital raising, corporate finance advisory services and assistance with navigating the regulatory environment for companies listing on U.S. markets. TriPoint Global maintains specialized practices in institutional private placements, mergers and acquisitions, and corporate finance. TriPoint has offices in New York and Washington, D.C. For more information, please visit www.tripointglobalequities.com. Forward Looking Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and under the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. Without limiting the foregoing, the words "believe," "anticipate," "plan," "expect," "seek," "potential", "estimate" and similar expressions are intended to identify forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements.
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