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Parallel Security LLC and Parent Company, Coast Vancouver Security Group Ltd, receive $150,000.00.
Parallel Security LLC, Alberta's security company that specializes in Commercial, Oil, Gas and industrial security and patrol receives an Angel Investment of $150,000.00 from Nova Scotia investment firm, Molecules in Motion Research Group.
It was stated in the conference held last month, that 25% of the investment will go to the operations of Parallel Security LLC in Edmonton, Alberta. The Edmonton based company, Parallel Security LLC, offers security guard and patrol service, as well as first aid service to Alberta's major cities, such as Calgary, Edmonton, Fort McMurray, Red Deer and Even to smaller towns such as Drumheller, Canmore and Banff.
Ali Kjorshed, Head of the Edmonton branch and operations manager for the Northern Alberta District says that he will use part of the investment on new patrol vehicles, fresh new style uniforms and better radios for the staff.
Another 36% of the investment will go to Coast Vancouver Security Group, which will be used for Marketing strategies and operations. Finally, 8.6% of the funds will be used to expand services to Yukon and Ontario. The remainder of the money will be held as a reserve pool.