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Takedown Entertainment Signs Letter of Intent With H2H Sport Combat(March 07, 2012)
LONDON -- (Marketwire) -- 03/07/12 -- 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 with H2H Sport Combat as the first step in acquiring distribution rights to past and future MMA fights, plus certain brand and sponsorship rights. This signed letter of intent begins Takedown's due diligence process which concludes with a final license and distribution agreement for full worldwide rights.
H2H Sport Combat is an MMA promotion founded by Dennis Hallman, an Ultimate Fighting Championship (UFC) veteran and fifth all-time in professional mixed martial arts career wins. With 66 fights and 16 years of MMA experience to his own credit, Mr. Hallman is also a renowned promoter of more than 100 MMA events throughout the state of Washington. His shows have featured notable MMA athletes from the Northwest including UFC veterans Brad Blackburn, Benji Radach, Matt Horwich, Ryan Bader, and former Strikeforce Women's Bantamweight Champion Miesha Tate. Mr. Hallman's experienced direction cast with the best talent from the region culminates in a top notch mixed martial arts promotion.
"As a lifelong participant in the sport of MMA, I have had the pleasure of watching this sport grow from obscurity to mainstream entertainment," stated Mr. Hallman. "I am excited for H2H Sport Combat fans and athletes alike as I am certain only great things can come from this partnership with Takedown."
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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