MERGER AND ACQUISITION NEWS ANNOUNCED BY ROBERT PAISOLA, CEO, WESTERN CAPITAL INTERNATIONAL OF MOUNTAIN STATES COLLECTIONS, OF OREM, UTAH
August 31, 2017
The Pallatzo Casino Resort
Las Vegas Nevada
For Immediate Release
Western Capital International of Las Vegas, Nevada, has entered into a multi year partnership with Mountain States Corporation in Orem, Utah.
Robert Paisola, the CEO and President of Western Capital at wcilaw.com and Gary Lee Gammenthaler the CEO of Mountain States ( http://www.mountainstatescollections.com/ ) jointly announced the 25 year deal yesterday in Las Vegas, Nevada at a National Press Conference.
“The synergy between the companies was the deciding factor” said Gammenthaler.
Paisola states that the deal was valued at 26 Million Dollars and was financed using the Cash Reserves of Western Capital. The Royal Bank of London prepared the audited financial statements and the documents to structure the deal.
Gammenthaler will maintain a position within the organization as the Chief Operating Officer and Paisola will remain The Chief executive officer and President.
All outstanding stares of Mountain States have been diluted and divested into Western Capital Class A Shares. Gammenthaler received Class A shares of Western Capital.
FOR THE MEDIA
Paisola- 1-800-373-8913 x701
Gammenthaler- 1-800-373-8913 x702
Legal Department 1-800-383-8913 x705 (Corporate Counsel Brad Martin)