ProTek Capital Inc. Announces New Management and New Business Plan Development
December 19 2013 - 08:39AM
Marketwired
ProTek Capital Inc. Announces New Management and New Business Plan
Development
ProTek Capital Announces Changes to Board of Directors and New
Senior Management
DALLAS, TX--(Marketwired - Dec 19, 2013) - ProTek Capital, Inc.
(OTC Pink: PRPM) today announced the Company's intention to add new
senior management and board members with broad business and
management experience in the corporate and public arena. The global
focus will be on revenue generating companies focused on increasing
shareholders values and building an acquisition portfolio for the
company. Candidates are already under consideration with plans to
finalize appointments before the end of this year. ProTek Capital
announces changes to Board of Directors and senior management.
ProTek Capital announces today the resignation of Edward Vakser
as chief executive officer of ProTek Capital. The company would
like to thank Mr. Vakser for his dedication and respective
contributions as he moves on to more pressing matters as a
consultant for the Mergers and Acquisitions, as well as securing
contracts and other financial relationships between ProTek Capital
Inc., and other public companies that Mr. Vakser has relationships
and strategic involvement.
The company has appointed Luther R. Jeffries to serve as CEO
effective immediately. Mr. Jeffries brings over 20 yrs experience
of upper level management in such companies as Starter,
1-800-pro-team,
Midland Foods, Aldi USA, Champion/Sara Lee and also owned a multi
unit chain of jewelry stores. His immediate focus will be
restructuring all aspects of the company in an investor friendly
manner and target new acquisitions already generating profits to
add shareholder value.
"I'm looking forward to providing an open door policy to
shareholders to add transparency to our business. I will be
updating the shareholders within a week as to our plans and
direction for a profitable future. Together we will make this
company a great success," stated Mr. Jeffries, ProTek CEO.
"I am extremely excited to see the development and evolution of
ProTek Capital Inc. We developed an aggressive plan, and now we are
back on track to complete the plan and the development. We will
continue to aspire to build growth by Mergers and Acquisition, to
add and enhance to the shareholders value and company's growth,"
explained Mr. Vakser, as exiting CEO and an investor.
The management and director augmentation is also intended to
further the Company's recently announced endeavors to raise its
disclosure standards in conjunction with the Company's steps to
secure strategic financing and execute the terms of the recently
announced (http://bit.ly/PRPM_Enhanced_Transparency).
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.
Contact: ProTek Capital, Inc. lutherjeffries@gmail.com
ev24903@gmail.com Ph: 214-418-6940
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