Angel Acquisition Corp Announces Merchant Account Affiliation and Platform for Micro-Lending

CARSON CITY, Nev., March 18 /PRNewswire-FirstCall/ — Angel Acquisition Corp, (OTC Bulletin Board: AGEL) is pleased to announce the establishment of its vendor relationship with Set for Life Financial (SFL). Under the terms of the agreement, Set for Life Financial will provide and manage the key component parts for transaction processing and micro-loan disbursements of the Angels in Action program (www.angelsinaction.tv).

Set for Life Financial is a full service payment processing company offering ecommerce solutions for businesses of all sizes; providing customized payroll debit card and discount benefit programs, merchant accounts and ACH services to online marketing companies, direct sales organizations, affiliate networks, MLM companies and other membership based organizations. SFL focuses on the transaction needs of an internet or the “card not present” business, particularly online merchants, membership or continuity programs such as Angels in Action.

“Set for Life Financial is pleased to be a key component of the Angels in Action program, providing them the ability to accept credit cards and checks over their website without a ‘cap on’ transaction volume. The acceptance of all major credit cards including MasterCard, Visa, Discover and American Express and checks is a key factor in their success to collect revenue for the Company’s ‘Micro-loan’ program that helps entrepreneurs,” said Tim Rocho, CEO of Set for Life Financial, LLC. “Angels in Action has the ability to setup automatic monthly payments for their members as well as loan recipients to pay back their loans.”

Steve Bonenberger, CEO and President said, “Angels in Action and our affiliated partner companies are excited to be working with SFL on a branded prepaid debit card ‘SFL Card’ to finance and manage the micro-loans through. This program will serve as a tremendous promotional tool putting our brand and message in front of thousands of people as members and loan recipients receive and use their cards to make purchases worldwide. We look to have that program finalized within the next week.”

The Angels in Action portal offers entrepreneurs an alternative to traditional financing. Angels in Action provides entrepreneurs worldwide an open portal to find, secure and maintain an active Patron Base. The Angels in Action model for operation is fully explained on the website.

Angels in Action has a clear mission. The mission is to help entrepreneurs create thousands of good paying jobs, sustain companies that are troubled in this time of economic uncertainty and bring support systems to each and every entrepreneur that chooses to participate. For more information on Angels in Action and to subscribe to our micro-finance newsletter, visit: www.angelsinaction.tv.

From time to time, the Company may issue news releases that contain ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

Contact: Investor Relations
contact@angelsinaction.tv
775-887-0620

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