ProTek Capital, Inc. Signs Letter of Intent to Acquire Up and Coming Sports and Entertainment Management Company Company in Negotiations to Acquire Superstar Management Group, Inc.
DALLAS, Dec. 14, 2012 /PRNewswire/ -- ProTek Capital, Inc. (OTCPK: PRPM) is pleased to announce that the Company has signed a letter of intent with Superstar Management Group, Inc., a boutique sports and entertainment management company that provides the representation that is given by a large agency in terms of image and industry power. The letter of intent states that ProTek Capital would acquire a hundred percent ownership in Superstar Management Group in exchange for restricted shares in the Company.
Superstar Management group was founded by Mr. Barry Mezey in 2007, and the company has been able to attain global recognition as a leader in strategically innovative marketing, management, media, event, and sponsorship services in the sports and entertainment industry. Superstar Management Group currently represents athletes, leagues, and entertainers in a variety of areas such as motor sports, tennis, sailing, soccer, football, and country music, amongst other areas. Superstar Management Group works attentively with their clients in order to create unique and unparalleled brand identity. Some of Superstar Management Group's clients both past and present include Leonard Marshall, Tim Hardaway, The Tim Hardaway Foundation, The Offense-Defense All American Bowl, Liga de Quito, Joey Licata, Jr., Thomas Vernhes, Steven Goldstein, Tommy Dalton, Ksenia Pervak and Sam Harrison.
"We are excited about the possibility of being acquired by ProTek Capital, Inc. We feel that ProTek Capital will provide the management and support that will enable Superstar Management Group to help our current client base move to the next level, while having the wherewithal to expand on the number of clients we represent," stated Barry Mezey, CEO of Superstar Management Group, Inc.
"We are accumulating companies that have synergies and can be vertically integrated between their product offerings and services. ProTek is poised to create Technology Driven Services and product offerings that will enable us to create a very unique hybrid of a company. We will also utilize the products and services of our current subsidiaries and sister companies to provide services for the new acquisitions and their talent roster," stated Edward Vakser, CEO of ProTek Capital, Inc.
About ProTek Capital, Inc.:
ProTek Capital, Inc., www.protekcapital.com, is organized and focused on funding and acquisitions of software and mixed media companies. Specifically, focused in the social media and entertainment industries. ProTek Capital is restructuring its current board and management in order to accommodate running a software and intellectual properties public company. Our new staff represents a group of managers, designers, marketing professionals and software developers. Each new acquisition is also targeted to service and support several public companies with needs and issues that will be easily resolved by multiple "in-house" services and product offerings. Our current subsidiary www.acutesys.com is a perfect example of cross platform synergy between all the acquisitions and sister companies. Acutesys, will offer its product and services to all of ProTek's clients and acquisitions.
For more information on Superstar Management Group, please visit www.barrymezey.com
For more information, please visit www.protekcapital.com.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
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SOURCE ProTek Capital, Inc.