LOS ANGELES, May 6, 2013 /PRNewswire/ -- Vencor International, (OTC Pink: VCOR) announces executed acquisition agreement with Link My Fan, Inc., an Atlanta, GA. based Social Media Company. Ray Firth, Founder and CEO of Link My Fan stated, "We are pleased to announce a definitive acquisition of Vencor International Inc. We believe we are in the most dynamic and exciting sector in the world and strive to do everything necessary to deliver the coolest technology and intuitive tools to Link My Fan Members. Our goal at Link My Fan is to be recognized as the premium Social Networking platform in the world. We recognize the value proposition of monetization through social media, and will be pursuing a variety of revenue streams in addition to advertising along with partnerships to achieve our goal which is steady growth in relation to membership, revenues and earnings."
Link My Fan is developing the most intuitive and centralized Social Networking platform for celebrities, athletes, and well known personalities to post all of their relevant content in one place. The Link My Fan platform optimizes and enhances interactions with their fan base. Link My Fan's target is to provide Celebrities a platform that they can truly interact with Fans with all the content verticals Link My Fan provides. Link My Fan also recognizes that Fans will want to interact with other Fans, so fans can be fans of other fans along with Celebrities. Link My Fan is ultimately an interactive Social Network marketing platform for professional athletic teams, businesses, schools (on any level), school teams, charitable organizations, religious institutions, along with professional services like Dentists, Cosmetics, health experts, Yoga Instructors, Chefs, and of course Bands, Artists and Writers to have their own Link My Fan Account. The platform provides a wide array of content verticals, consolidating each celebrity universe into a centralized Hub.
Link My Fan eliminates members from having to have multiple sites due to all the verticals Link My Fan provides:
Press Releases, Blogs, Video, Status update "Right Now", Pictures, E-commerce, Event Listing and more...
Additionally, all Link My Fan members will be able to have an e-commerce store where they can sell products, tickets and services.
Link My Fan provides the perfect platform for movie stars, directors and producers to promote new films, present trailers, incubate the viral effects of social interactions, create a fan based buzz and offer film related merchandise through our built-in e-Commerce store front. Link My Fan's international audience is global, attracting celebrities, athletes, musicians, artists, and well known businesses from around the world.
Mr. Firth added, "I am delighted that the acquisition between Vencor and Link My Fan is complete. We are beginning an exciting era as the two combined organizations will focus expertise and resources to bring accelerated results in product development and marketing to the Link My Fan social platform. Link My Fan may not be the biggest social networking platform yet, however, the architecture provides a complete set of verticals that are tightly integrated with a full suite of social networking features. I am extremely confident that the combined efforts of the new organization will continue to make Link My Fan even better.
Vencor's management and key investors have been evaluating multiple opportunities designed to enhance shareholder value and provide a future growth platform for the company. David Harkam, CEO of Vencor stated, "Harnessing the power of social networking in the celebrity world uniquely enhances and integrates with the world of fashion, design and consumer demands. We believe the vision of Link My Fan, the quality of their management team, and the value proposition of social media and ecommerce offer Vencor shareholders outstanding future value and return on investment metrics." Mr. Harkam further stated that, "As Vencor transitions control to the new management team it will provide full support, with its' contacts, network and history in the retail and fashion industry to facilitate rapid growth and support for successful commerce."
Vencor International Inc., is a development stage company. The company is managed as a publically traded acquisition vehicle for the development of a family of companies and brands leveraging scale and expertise to bring public new and exciting products. Vencor evaluates synergistic development opportunities, partners and acquisitions that will enhance the parent company.
Safe Harbor Statement
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Vencor to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Vencor assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customer to pay for ordered products, and political and economic risks inherent in international trade.
SOURCE Vencor International Inc.