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Takedown Entertainment Signs Letter of Intent With Prime MMA(February 27, 2012)
LONDON -- (Marketwire) -- 02/27/12 -- 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 Prime MMA 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 definitive license and distribution agreement for full worldwide rights.
Prime MMA is the product of world renowned mixed martial arts trainer Saul Soliz. Mr. Soliz has promoted his premium level MMA promotion throughout the state of Texas for over ten years. His promotions have graduated a number of prominent MMA athletes from its ranks into major MMA organizations including Aaron Rosa, Carlo Prater, Pete Spratt, Jonathan Brookins, KJ Noons, Yves Edwards, and Anthony Njokuani. Prime MMA's unique synthesis of longevity, leadership, and regenerating pool of talented athletes has created a first-rate mixed martial arts experience.
"We are very excited to be a part of Takedown Entertainment," said Prime MMA promoter Saul Soliz. "The opportunities that this relationship allows appear endless. The potential for great fights and the development of great fighters adds to our enthusiasm and support for all those involved. We appreciate this opportunity to be a part of the growing Takedown network and hope that our contribution can live up to the expectations of MMA fans."
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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