Protek / Luxuriant Holdings Announces the Sale of Our Proprietary ERP Software MaryGen
27 March 2014 - 12:40AM
Marketwired
Protek / Luxuriant Holdings Announces the Sale of Our Proprietary
ERP Software MaryGen
CHEYENNE, WY--(Marketwired - Mar 26, 2014) - Protek / Luxuriant
(OTC Pink: PRPM) (PINKSHEETS: PRPM) ("the company") announces today
the sale of our proprietary ERP software MaryGen for an equity
stake currently valued at over $500,000 to 3D EYE Solutions.
Protek/Luxuriant Holdings is proud to announce the sale of
MaryGen to 3D Eye Solutions for 50,000 shares of Preferred stock.
Under the terms, 3D EYE has contracted a 20 year ERP software
veteran to finish development and we will assist in marketing
MaryGen through our ties in the 420 industry. We see this as
an opportunity to take a stake in, what we see as, a greatly
undervalued company while at the same time clearing the way to
streamline our focus on the supply area of the sector.
"We feel that the terms presented to us were a win/win scenario
for our company and its shareholders, allowing us to use and profit
from MaryGen while booking a stake in another asset, all while
freeing up manpower and funds for our focus on expansion in the
supply side of the sector," stated Mr. Jeffries.
Thank You
Luther Jeffries CEO Protek / Luxuriant Holdings
www.luxuriantholdings.com
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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.
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.
CONTACT: For more information: Luther Jeffries CEO Protek /
Luxuriant Holdings www.luxuriantholdings.com
lutherjeffries@gmail.com
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