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Majestic Oil & Gas, Inc. Announces Signing of Definitive Agreements with ATC Holding, Inc., Completing its Second Acquisition
Majestic Oil & Gas, Inc. Announces Signing of Definitive Agreements with ATC Holding, Inc., Completing its Second Acquisition.
About this update from Mushrooms, Inc.
[{"type":"text","content":"\n\n BAY HARBOR ISLAND, FL, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Majestic Oil & Gas, Inc. (OTC PINK: MJOG) is pleased to announce it has executed a definitive agreement with the Palatka, FL-based ATC Holding, Inc.  We will be filing ATC financials which we are proud to announce will show our sales were over $2 million for 2017.  “Our results over the last year demonstrate a strategy that is working and a solid foundation for growth; the opportunity now is to accelerate this momentum and build on our strengths.  ATC Holdings will work closely with Bakken and synergize both companies to aid in the development and distribution of their Dora™ product. Currently, we have a projected pipeline of over $17 million in projects for 2018, and are working to secure additional contracts and potential acquisitions as the year progresses,” said Wilford “Pete” Petersen, President of ATC Holdings Inc.\n In 2017, the company completed its first Acquisition:  Our Bakken subsidiary has an exclusive licensing agreement with for the patented Dora™ remediation technology, a biodegradable product used in the cleanup of oil spills, and protection against leaks in containers used to transport oil.  Bakken is in the hydrocarbon remediation business.  They were acquired primarily due the potential of their patented remediation product Dora™, which permits in ground remediation of hydrocarbon contamination at a significant cost saving versus current methods and products.   Our second acquisition in 2017 was ATC Holding Inc.: ATC was established in January 2013, as a Florida corporation, 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 of those vessels. These concepts were utilized in other holding areas, such as industrial ponds and lagoons. Utilizing their patented machinery, equipment, tooling, and accessories have made ATC unique in the industry.  Having originally focused on the Southeast U.S., and serving the Pulp and Paper Industries, the Company looks to expand both nationally and into complementary industries which require similar services and expertise.  ATC will, utilizing their proven techniques and equipmen...