Macau Capital Investments, Inc. Announces Acquisition of Majority Equity Stake in ECO Waste and Recycling, LLC
01 December 2017 - 12:00PM
InvestorsHub NewsWire
Macau Capital Investments,
Inc. Announces Acquisition of Majority Equity Stake in ECO Waste and
Recycling, LLC
Houston, TX -- November 30, 2017 -- InvestorsHub
NewsWire -- Macau Capital Investments, Inc. (OTC:
MCIM) -- Macau Capital Investments, Inc. announces
entering into a material share purchase agreement between ECO
Medical Waste Holdings, Inc. our Texas wholly owned subsidiary
waste management company and ECO Waste and Recycling, LLC a Texas
solid waste management company. A detailed copy of our business
plan and financial statements can be found on our company
website.
We are in the process of becoming OTC PINK reporting and
removing the STOP sign.
The parties entered into this share purchase agreement to
acquire 50% equity stake in ECO Waste and Recycling, LLC. Both
companies are controlled by the same majority shareholders. The
investment represents a $6.5 Million cost basis. ECO Waste and
Recycling operates in the State of Texas as a regional solid waste
and recycling company, transporting residential and commercial
garbage to landfills and transfer stations. ECO Waste and Recycling
had $6.5 Million revenue for the year ending 2016 and is on track
to close the year out with $7 Million sales. The company has assets
totaling more than $4.4 Million. The investment represents
a significant increase in shareholder value, says "Monique Hayes,
President/CFO".
Macau Capital Investments, Inc.
Macau Capital Investments, Inc. Ticker (MCIM)
is a waste management assets holdings company. ECO Medical Waste
Holdings, Inc. ("the Company") is a Texas based corporation, wholly
owned subsidiary of Macau Capital Investments that provides solid
waste and medical waste removal services to customers in Houston,
Texas. To learn more visit: www.macaucapitalinvestments.com.
ECO Waste and Recycling, LLC
ECO Waste and Recycling, LLC is a private held company that
provides solid waste collection and recycling to residents and
commercial customers who are primarily municipalities in the
surrounding counties of Houston, Texas. To learn more visit:
www.ecowasteandrecycling.org.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that
involve a number of risks and uncertainties. Forward-looking
statements generally can be identified by the use of
forward-looking terminology such as "believes," "expects," "may,"
"will," "intends, "plans," "should," "seeks," "pro forma,"
"anticipates," "estimates," "continues," or other variations
thereof (including their use in the negative), or by discussions of
strategies, plans or intentions. A number of factors
could cause results to differ materially from those anticipated by
such forward-looking statements, including those discussed under
"Risk Factors" and "Our Business." Forward-looking statements are
subject to known and unknown risks and uncertainties and are based
on potentially inaccurate assumptions that could cause actual
results to differ materially from those expected or implied by the
forward-looking statements. Our actual results could differ
materially from those anticipated in the forward-looking statements
for many reasons.
Investor Relations:
Monique Hayes
832-623-6564
Email: Eco.medicalwaste.llc@gmail.com
www.macaucapitalinvestments.com
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