TexCom, Inc. plans to make acquisitions. Bob May, President of the company said: "As previously announced, we completed the acquisitions on July 31, 2014. We incurred significant transaction costs which have hurt our quarterly earnings.

However, a significant portion of the income tax expense incurred on the sale has been sheltered by the use of our net operating losses. Earnings were also reduced by other non-cash expenditures. We have now positioned the company to aggressively seek additional acquisitions to grow the Company and add value for our shareholders."