Angel Acquisition Corp.
OTC BB: AGEL
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Angel Acquisition Corp., formerly Palomar Enterprises, Inc., incorporated on March 10, 1999, services the residential mortgage market as a licensed real estate mortgage broker. The Company’s business is buying, renovating and selling residential real estate properties, providing residential real estate sales, listings and mortgage brokerage services. The Company actively seeks out foreclosed and financially distressed properties to purchase and re-sell. It also looks for land opportunities for development. As of December 31, 2007, the Company had seven independent full-time licensed real estate agents and licensed mortgage brokers. In May 2008, the Company announced the completion of the sale of its principally owned subsidiary, The BlackHawk Fund.