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IMHC Imperalis Holding Corporation (PK)

0.011
0.00 (0.00%)
31 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Imperalis Holding Corporation (PK) USOTC:IMHC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.011 0.011 0.0119 0.00 01:00:00

Imperalis Holding Corp. Acquired Safeguard Armor Solutions, Inc.

09/10/2014 2:00pm

PR Newswire (US)


Imperalis (PK) (USOTC:IMHC)
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DALLAS, Oct. 9, 2014 /PRNewswire/ -- IMPERALIS HOLDING Corp. (IMHC.PK) announced the purchase of 100% of the common stock of Safeguard Armor, Inc. (Safeguard). Safeguard, a privately owned Nevada Corporation, with an office in Dallas, Texas, is a provider of armor protection solutions, specializing in ballistic blast, I.E.D. blast mitigation and intrusion protection for commercial assets, power plants, pumping stations, oil and gas facilities, and vehicles both military and consumer built to required specification.

Safeguard was formed from the assets, operations and intellectual properties of a company which had $9,000,000 in sales in 2007 and 2008. Safeguard uses a propriety process that reduces the load factor while increasing the projectile penetration prevention of the armored panels.  As a provider of armored vehicles for military purposes the opportunities for expanded markets in the "war on terror" is exciting.

The acquisition of Safeguard was effective September 30, 2014.

Walter Stock said, "The acquisition will provide Imperalis Holding Corp. with a company well positioned to address the changing security needs of business, utilities and high profile individuals for the next decade."

About Imperalis Holding Corp.

Imperalis Holding Corp. incorporated under the laws of the State of Nevada, is a holding company providing management consulting services to small and large companies including reorganization in chapter 11.  Imperalis Holding Corp. shares are currently traded on the over the counter market and under the symbol IMHC.

About Safeguard Armor Solutions, Inc.

Safeguard has the premiere armoring solutions that applies to protect shielding for vehicles, facilities and assets, such as generators, power plants and oil and gas facilities. It is the objective of Safeguard Armor Solutions, Inc. to become the brand of choice for all types of armoring solutions in both the national and international marketplace by offering quality products that meet the changing needs of all those participating in the war on terror.

SOURCE Imperalis Holding Corp.

Copyright 2014 PR Newswire

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