NX Global, Inc. (OTCPINK:NEGS) – NX Global, Inc., announced today the acquisition of Blue 22 Entertainment Inc., Star 1 Enterprises Inc. and Prince Kennedy as President/COO.
As the NEGS continues with its turnaround and new Business Model of a Holding Company with the focus on Entertainment, Sports and Technology acquisitions and partnerships they took another step forward with the acquisition of Star I Enterprises Inc. and the Hiring of Prince Kennedy as President.
In a statement from the company “The acquisitions of Star 1 Enterprises Inc. and Blue 22 Entertainment Inc. along with the hiring of entertainment veteran Prince Kennedy. Prince is ready to step into the challenge of turning the company around and will use his years of experience with taking command as a leader and grow NX Global in to the company we know it can be. Over the next several weeks, NX Global will be announcing the new Board of Directors additional management and staff and a more detailed business plan and strategy that will include a model of content development and production in the Entertainment and Sports products that will integrate with the use Technology Partners. Additionally, we are currently conducting a step-by-step analysis to achieve certain goals such as increasing revenue, reduction of debt, bringing value to our shareholders and producing profits. The company will be examining new opportunities and acquisitions as a part of its restructuring goals.”
STAR 1 Enterprises Inc. provides a focus on publishing, distribution, music and film acquisitions of artist development projects that will combine development of entertainment content. As we continue building relationships that will enhance our revenue growth and profitability.
The business model consists of a three-phase journey:
Development of Music and Film products
Growth of Music and Film Distribution products.
Development and expansion of our Music & Film Publishing division.
Development of our Broadcast Programing division
Growth of the positions with our Asset & Joint Venture Partners as well as Subsidiaries
Along with the acquisition of Star 1 NEGS hired Entertainment Veteran Prince Kennedy.
Prince Kennedy has been in the Hip/Hop business for many years. His former position with Lexium Entertainment found him in a unique position where he discovers, produces and books new Hip-Hop talent out of his Chicago office. Prince is working with Wu-Tang Clan, Def Jam artists handing booking services as well Producing and Co-Producing live events prince will be working with 22 Social Club Productions Inc. as a Talent Specialist and assist with Live Event Production and Development
NX Global, Inc. has acquired Blue 22 Entertainment and Star 1 Enterprises which offers the following services, Music and Film Publishing, Sports and Entertainment Productions, Live/Event and Concert productions Development of New Entertainment/Broadcast and Film Content, and Provide Additional Creative Services for Artists/Talent.
NX GLOBAL will aggressively seek new and warranted Business Partnerships with other companies.
NX Global, Inc. is a holding company that will offer Entertainment, Sports and Technology services and products.
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.