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Stock impact report

Metavesco Acquires Assets From Epic Labor

METAVESCO INC. (MVCO) 
Company Research Source: GlobeNewswire
CUMMING, Ga., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK:MVCO), a pioneering holding company focused on acquiring, operating, and nurturing innovative businesses in both digital and traditional sectors, is pleased to announce the successful acquisition of key assets from Epic Labor, Inc., a Georgia-based provider of on-demand temporary staffing solutions. Under the terms of the agreement, Metavesco, through its newly created wholly owned subsidiary Epic Labor, Inc., has acquired customer contracts, tangible assets, and the operating assets of the Nashville and Knoxville, TN branch offices of Epic Labor, Inc. d/b/a laborSMART. Metavesco will assume certain liabilities necessary for the ongoing operations of the business and the branch offices will be rebranded under the Epic Labor trademark, owned by Metavesco. Ryan Schadel, CEO of Metavesco, commented, “I am thrilled to finally have this acquisition completed. The staffing industry generates over $200 billion Show less Read more
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