Victory Oilfield Tech, Inc. (OTCPK:VYEY) seeks acquisitions. The company intends to use $7 million in funding received through private placements for targeted oilfield service company acquisitions, accelerate product acceptance and build out of key infrastructure, including expansion of early-stage product manufacturing and distribution, order fulfillment, customer support, key executive team additions, payment of previously accrued liabilities and the launch of a branding effort to expand awareness of Victory's revolutionary amorphous alloy coatings products.