DALLAS, TX - (Feb 18, 2014) - ProTek Capital, Inc. /Luxuriant Holdings, (OTC Pink: PRPM) ("the Company") announces today The New Business Plan and the Program Development with new strategic partners. Introducing first of many strategic partners that are currently under consideration and in negations.
PRPM; Luxuriant Holdings would like to announce that talks are underway with the Vortex Waterpipes CEO, Davyd Field. His years of experience and deep ties to the 420 industry will be very valuable as we consolidate funding and shape our business plan in the coming weeks. We are confident that Mr. Field can bring an important perspective and help to focus our efforts. We are currently in negotiations and will be able to confirm details for investors soon.
In conversations over the weekend, Mr. Field indicated a desire to become both an investor and mentor to PRPM, as we expand into Colorado and Washington states. He and his team have presented at over 30 tradeshows in the MMJ industry, and their websites are known for being modern and professional. (www.vortexwaterpipes.com) His Company, Vortex Waterpipes, has been profitable for over 8 years and has formed strong relationships with tradeshow organizers and national distributors. Mr. Field has been able to suggest other individuals and companies that we might seek out to expand our partnerships. PRPM management sees many great opportunities for investment in the 420 MMJ marketplace.
Vortex wanted to assist PRPM in creating a marketing program that is consistent with their own, and will begin by evaluating and upgrading PRPM's graphics, SEO and website. Graphic designers from Vortex will help translate PRM's core mission statement of "providing Venture Capital (VC) to the rapidly growing legal Marijuana market" into a recognizable brand and franchise concept. This will allow PRPM to become a powerful and established company with a wide range of franchise retail locations and partnership programs running in Colorado and Washington. This will require experience and a dedicated effort focused towards marketing, loan origination, site acquisition and investor relations.
PRPM is expanding the management team rapidly and will be finalizing initial board members this week. Both companies are collaborating and "brainstorming" on the design and "look" and "feel" for the new PRPM corporate site. We have had constructive meetings and I am confident that we share a similar vision. As always, I will personally manage and approve all aspects of the business plan and marketing.
It is our hope that Vortex, and its CEO Davyd, will join our team. The energy and experience he brings to PRPM will improve the company's reputation and valuation.
Luther Jeffries CEO
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.
SOURCE: ProTek Capital, Inc.