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Takedown Entertainment Signs Agreement With Real Pain Challenge of Bulgaria(November 16, 2011)
LONDON -- (Marketwire) -- 11/16/11 -- Takedown Entertainment Inc. (www.takedownentertainment.com) (OTCBB: TKDN), an authority in the business of mixed martial arts, is pleased to announce it has signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights with Real Pain Challenge, plus certain brand and sponsorship rights.
Real Pain Challenge, a mixed martial arts promotion under the direction of promoter Lubomir Guedjev, is considered the premier MMA organization in Bulgaria. Mr. Guedjev has previously held the position of manager of the Abu Dhabi Combat Club (ADCC), recognized for holding one of the most prestigious grappling tournaments in the world, the ADCC World Submission Fighting Championships. He was the first to establish and promote an MMA organization in the country of Bulgaria. Real Pain Challenge has featured some of Bulgaria's best national talent including UFC veterans Stanislav Nedkov, Jordan Radev, and Bellator Fighting Championships heavyweight competitor Blagoi Ivanov. The promotion's experienced leadership and extensive pool of Bulgarian talent has proven to be an equation for a successful mixed martial arts entertainment organization.
"From the very beginning of our promotion back in 2006, we tried to put on world class events in Bulgaria, showcasing the best fighters Bulgaria has to offer," said Real Pain Challenge Promoter Lubomir Guedjev. "Working together with Takedown Entertainment we hope to bring MMA in Bulgaria to a new level, where the whole world would be able to see and enjoy the quality of our shows."
About Takedown Entertainment Inc.
Headquartered in London, UK with offices in Beverly Hills, California, Takedown Entertainment Inc. is a sports entertainment company with subsidiaries in the acquisition, production, distribution and marketing of mixed martial arts (MMA) programming, content and products for North American and International markets.
Safe Harbor Statement under the United States Private Securities Litigation Act of 1995: this release may contain forward-looking statements that are affected by known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statements. The Company does not intend to update this information and disclaims any legal liability to the contrary.
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