Protek Capital New Business Development and Market
Expansion.
Dallas, TX -- June 16th, 2015 -- InvestorsHub NewsWire -- ProTek
Capital Inc. (OTCPK:
PRPM).
The company is pleased to announce it has entered a preliminary
agreement to negotiate with a medical marijuana dispensary in
Portland, Or. The company will offer a LOI to start formal
negotiations for a partnership. An update will follow on the
results.
We are very excited to start our endeavor in the Marijuana
sector of the market. We hope this to be the beginning of a
successful marketing campaign to acquire, merge and partner with
established Marijuana companies. A physical presence in the
Northwest region of the country where two legalized Marijuana
States of the Union are separated by an invisible line, we feel
that the company is at a strategic geographical area to expand our
interest in the Marijuana Industry thus creating greater
shareholder value. Stated Jorge Luis Saenz, Sutimco / ProTek
Capital CEO.
Mr.Saenz has an impressive resume and a great track record in
Cannabis and Marijuana market sectors.
He is not only a great executive and content expert in MJ
industries, but he is also a shareholder in our company.
Jorge Luis Saenz is Co-owner and CEO of Vaping Dragon Industries
of Washington County, Or. It's located west of the City of Portland
with its subsidiaries Kolbe Global Logistics, EcoVape and our new
Medical Marijuana nursery named Flowers by Day with growing strains
of Obama, BlackBerry and Mendocino Kushes along with their Sweet
Wreck and Blue Dreams strains. The company is focused on practicing
medicinal marijuana in the industry through its grow operation, its
cannabis infused vape oil and their soon to be different
concentrates. Co-owner Brian Day is their grower and pharmacist and
he brings over 15 yrs experience. Co-owner Christopher Crawley is
their logistics professional with over 20 years experience. Jorge
and his team are dedicated to bring premium products and services
to patients who seek comfort for their bodies with natural medicine
instead of those that are chemically manufactured. Jorge has
encountered a sea of medical marijuana companies in the Northwest
United States that are in sync with the ultimate goal of replacing
traditional chemical medicine with nature's own. He will
concentrate to partner, merge and or acquire such companies that
meet high standards throughout the US. Also, he will find companies
that cater to the industry through all kinds of paraphernalia that
pertain to Marijuana. With the recent passing of legalization in
five states of the Union, retail sales will lead to more
opportunities to merge, partner and or acquire such companies along
with Jorge's own projects that are in the idea and development
stage. He believes in disruptive innovation and he used it to
develop EcoVape. Jorge's first priority will be to get PRPM
structurally sound and create a business plan with milestones in
order to compete with other like companies that are vying for these
young and upcoming businesses in this young sector of the market.
The first round of action is to partner, merge and or acquire the
following, a grow operation, a medical dispensary, a courier
service and a paraphernalia company. He will also introduce project
ideas to the PRPM BOD for approval and bring them to market.
Im excited to head this company and feel great about its
business direction. My first priority is to examine the past
business milestones of ProTek Capital and complete or enhance them.
As a shareholder myself, I will strive and work towards
transparency and communication with my shareholder base. I feel
that we are entering a great market segment that is in its infancy
and has a lot of opportunity for growth and future developments.
The first and most critical project that I will tackle would be to
file and complete the dividend from our sister company SUTI, and
examine the commitments that were started by our previous CEO.I
feel confident that with the power given to me and the support of
our management and investor base, I can complete these and other
business developments and enhance the shareholders values. I will
be announcing the Dividend record date of the corporate action, and
will not initiate any stock reverses for this transaction. Stated
Mr.Saenz, CEO ProTek Capital Inc.
Recently, the company launched a new web portal: www.protkcapital.com .
Proteks new site will keep investors and stakeholders aware of
the latest developments of the company and provide a professional
information venue for all interested parties. Protek management
feels that this step, is one of many events planned to solidify the
companys presence and provide the utmost level of transparency,
while providing up-to-date information and releases concerning
company developments.
The site also serves to showcase the development services of
IncStocks, which is highlighted by their Investor Relations
Profile. The profile is a unique, dynamic investor portal, offering
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About ProTek Capital, Inc.
ProTek Capital, Inc. has historically concentrated on acquiring
a portfolio of unique and promising, high-growth potential
companies.
Protek Capital is focused on opportunities and structured deals
in emerging markets. Specifically, we are interested in the
Marijuana and related markets. We want to build a marketing and an
investment platform using proprietary software and social media
platforms to ensure proper transparency and disclosures in these
dynamic and emerging markets. New government laws regulating the
sale and consumption of marijuana provide unprecedented
opportunities for financial gain. This rapidly growing industry is
expected to gross over $2 Billion dollars in 2015 from the sale of
legal recreational cannabis. Across the USA, many states are
legalizing and taxing the sale of cannabis for medical and
recreational use, a trend likely to continue over the next decade.
The 420 industry is attracting many talented professionals and
enthusiastic investors seeking profits.
Protek Capital's goal is to become a leader in both the medical
and recreational cannabis industries. The company will seek
partnerships with established brands and provide venture capital
funds to manufacturers, growers and retail franchise operations.
Vertical integration will allow the company to control over the
production, transportation and sale of cannabis in legal markets,
such as Washington and Colorado. Protek Capital is capable of
providing experienced consulting services to growers and start-up
companies. The companys Board of Directors has strong ties to
cannabis activists and media outlets. As marijuana legalization
continues to sweep the United States, the company will be ready to
establish regional grow operations in new markets.
About QuoteMedia, Inc.
QuoteMedia is a leading software developer and syndicator of
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real-time quotes, market research, news, charting, option chains,
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This release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934. Certain
statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include,
without limitation, any statement that may predict, forecast,
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may contain the words "estimate", "project", "intend", "forecast",
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of similar meaning. Such statements are not guarantees of future
performance and are subject to risks and uncertainties that could
cause the company's actual results and financial position to differ
materially from those included within the forward-looking
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grow its business. Actual results may differ materially from the
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an indication of future performance. The potential risks and
uncertainties include, among others, the Company's limited
operating history, the limited financial resources, and domestic or
global economic conditions -- activities of competitors and the
presence of new or additional competition and conditions of equity
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