PALM HARBOR, Fla., Feb. 24, 2011 /PRNewswire/ -- Max Media Group,
Inc. (Pink Sheets: MXMI), announced today that it has closed the
acquisition of www.PatriotsTV.com, an investigative
reporting-focused company providing the latest news about Homeland
Security, America's Most Wanted Terrorists, and the 9-11
conspiracy.
James Grady CEO of MXMI. stated, "Wes and www.patriotstv.com
brings a valuable asset in our news and information division. Wes'
contacts both domestic and abroad give him access to very high
level officials that enable him to create exclusive breaking news
in the fight against terrorism. This acquisition is another example
of our business model and how we will continue to grow. We seek
companies and content producers to add value to our growing media
network! "
Wesley T. Rodgers, founder of
PatriotsTV stated, "I am excited to be part of the Max Media team!
After lengthy conversations with Jim about the MXMI plan I was
convinced that we share the same vision about how news and
information will be presented and consumed. The ability to combine
the written word with pictures and video surely is the future in
journalism. "
Additionally, Grady addressed recent activity regarding MXMI
share structure and shareholders concerns by stating, "There has
been speculation amongst shareholders that the Company issued stock
and sold shares. The increase in our float was caused by removal of
a restrictive legend on shares issued for an acquisition 14 months
ago."
For the complete release go to
http://www.babelation.com/content/max-media-group-inc-acquires-wwwpatriotstvcom
SOURCE Max Media Group, Inc.
