ProTek Capital / Luxuriant Holdings Inc. Signs Funding Agreement
March 07 2014 - 8:54AM
Marketwired
ProTek Capital / Luxuriant Holdings Inc. Signs Funding Agreement
DALLAS, TX--(Marketwired - Mar 7, 2014) - ProTek Capital/
Luxuriant Holdings (OTC Pink: PRPM) ("the Company") announces today
the signing of a long-term funding agreement with Mastiff LLC.
Luxuriant Holdings Inc. is proud to announce the signing of the
funding commitment with Mastiff LLC. The company continues to focus
on its quest of becoming a funding source for acquisitions,
business development and funding for companies in the new and fast
growing marijuana market.
The commitment by Mastiff LLC is to provide up to $ 5,000,000.00
for next several years. The company and its management have
discretionary right to invest, assist and/or acquire companies and
projects in the marijuana market space. This will include related
fields and supplier chain for the products and services.
"This is the first of many funding commitments and relationships
that our company, Luxuriant Holdings Inc., will sign and develop
for the benefit of investing and providing capital for the
marijuana and related industry. Our plan is beginning to take shape
as we develop and focus on strategic support that will lead in our
ability to grow and expand our investment portfolio. This industry
is so new, that new grounds and developments are being opened and
explored. The sky is the limit here. Our management is more and
more encouraged by the growing interest and developments that seem
to surround and support the MMJ industry and this market space. One
is quickly reminded by the growth and explosive developments of all
kinds of opportunities that new unexplored business territories
provide and encourage. This reminds me of the early stages in
Internet, Software and New Media platform explosion, and parallel
to the Industrial revolution and a hint of the "Gold Rush" from the
past. This is why I'm extremely excited to build a company that is
early to market with its business plan and concept," stated Mr.
Jeffries.
Luxuriant Holdings Inc. will continue to update its shareholder
base on the progress and development of its growth, expansion and
development of the business plan.
Please visit our Facebook page for frequent updates:
https://www.facebook.com/pages/Luxuriant-Holdings/1419811544925474?ref=hl
Luther Jeffries CEO ProTek/Luxuriant Holdings
About ProTek Capital, Inc.
ProTek Capital, Inc. has historically concentrated on acquiring
a portfolio of unique and promising, high-growth potential
companies.
Forward-Looking Statements: 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.
For more information: ProTek Capital, Inc. Luther Jeffries
lutherjeffries@gmail.com
ProTek Capital (CE) (USOTC:PRPM)
Historical Stock Chart
From Oct 2024 to Nov 2024
ProTek Capital (CE) (USOTC:PRPM)
Historical Stock Chart
From Nov 2023 to Nov 2024