• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    oil and gas investing

    Majestic Oil & Gas Announces Intent to Acquire Palatka, FL-based ATC Holding

    Investing News Network
    Oct. 10, 2017 09:40AM PST
    Energy Investing

    MORGANTOWN, WV–(Marketwired – Oct 10, 2017) – Majestic Oil & Gas, Inc. (OTC PINK: MJOG) is pleased to announce it has executed a Letter of Intent pursuant to which “MJOG” will acquire all of the issued and outstanding shares of Palatka, FL-based ATC Holding, Inc. The acquisition should be completed within 30 business days in …

    MORGANTOWN, WV–(Marketwired – Oct 10, 2017) – Majestic Oil & Gas, Inc. (OTC PINK: MJOG) is pleased to announce it has executed a Letter of Intent pursuant to which “MJOG” will acquire all of the issued and outstanding shares of Palatka, FL-based ATC Holding, Inc. The acquisition should be completed within 30 business days in accordance with the terms and conditions of the share exchange agreement.
    ATC was established on January 10, 2013, as a Florida Corporation which was founded from the legacy of the Staples Brothers, who from 1976 specialized in maximizing the holding capacity of a wide range of industrial vessels through recovery, recycling, or cleaning. These concepts were utilized in other holding areas, such as industrial ponds and lagoons. Their patented machinery, equipment, tooling, and accessories have made ATC unique in the industry. ATC will take their proven techniques and equipment and make them even more effective and safer with the latest robotic and cobotic technologies. Having originally been focused in the Southeast U.S., serving the Pulp and Paper Industries. ATC are experts in providing problem-solving technologies and solutions for ponds and lagoons of all types, specializing in removing dense and viscous material not easily removed by conventional methods. ATC has expanded its services to include working with industrial storage tank cleaning problems, particularly the removal of heavy residue from large diameter vessels. They have cleaning systems that can be used while the tank is still in operation, without the necessity for tank entry. Our patented “Soap Recovery Bucket” is the only portable system on the market capable of removing the valuable soap, and restoring lost capacity in a cost effective manner. This creates a safer, more cost effective solids removal. During outages, they provide equipment that slurries the sludge to return to use. We also grind up the material and send it down a vacuum system, to a waiting truck. For ATC to continue its profitability and growth, and develop new markets, they will expand their manufacturing and service capabilities over the next five years.
    “ATC has contracts with Fortune 500 companies such as Georgia Pacific, Kimberly-Clark, International Paper Co., sales of over $2 million dollars, and potential future jobs of over $17 million in the pipeline. ATC is very excited to go public,” said CEO, Wilford “Pete” Petersen.
    Safe Harbor Statement:
    The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, and various other factors beyond the Company’s control.

    Majestic Oil & Gas, Inc.
    Phone: 888-808-4677
    Email: infomjog@otcopubco.com

    fortune 500oil and gas investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Oil & Gas Outlook

    Oil & Gas Outlook

    Coelacanth Announces Q1 2025 Financial and Operating Results

    Coelacanth Announces Q1 2025 Financial and Operating Results

    Latest News

    Angkor Resources Receives Approval to Incorporate Mussel Basin into Block VIII Oil and Gas License, Cambodia

    Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals

    SAGA Metals Announces Initiation of Equity Analyst Coverage by Alphabridge Group with Outperform Rating

    Auking Completes A$5m Riverfort Facility

    Snow Lake Completes AMU Investment

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Energy Investing Stocks

    Alvopetro Energy

    ALV:CC

    Coelacanth Energy

    CEI:CC

    Jupiter Energy

    JPR:AU

    Charbone Hydrogen

    CH:CC

    First Helium

    HELI:CA

    Source Rock Royalties

    SRR:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×