ProTek Capital Inc. Announces New Shareholders Update
ProTek Capital Inc. Announces New Shareholders Update
ProTek Capital/ Luxuriant Holdings Shareholders Updates
DALLAS, TX--(Marketwired - Feb 13, 2014) - ProTek Capital, Inc.
(OTC Pink: PRPM) today announced the Company's recent shareholders'
Luxuriant Holdings is excited to announce the commencement of
our Franchise Program. We are pleased to announce the roll out of
our first three pilot stores in Colorado, Washington St. and Dallas
TX. The new store designs and layouts will be featured on our web
sites as well as FB and other media outlets. Our program will be
branded with various entry points sizing from kiosk size 1k to 10k
sq ft. Our stores will service the cannabis minded consumer in a
much more pleasant and comfortable atmosphere than the current
dispensary/"head shop" type location. Our smaller locations will
carry a product selection much like current dispensary/head shop
such as cannabis, oils, vapes, pipes, hookahs etc, while are larger
locations will also serve high end coffee, teas, infused edibles,
Functional Beverages and Energy Drinks, nutritional products and
more. The management believes that our company could be the first
in the "lifestyles" branded "coffee shop" type of an experience and
develop a new social gathering places complete with Wi-Fi and other
modern communication conveniences to create a welcome atmosphere
and induce repeat visits and business.
We are planning the grand opening of our first location in
Colorado in April. I am also currently pursuing a major celebrity
and major cannabis advocate to partner in branding our franchise.
This will exponentially increase the value of our brand. All
financing is currently in place and non dilutive. Each Franchise
will be financed by our internal group of private investors
(anticipated at least 50% of Franchise fees), and the rest will be
allocated among several Hedge Funds who have shown tremendous
interest in our program. I'm anticipating our franchises will
significantly contribute to our first year projections and the
goals to participate and take part of this $200,000,000 in revenue
new and Hot Market Segment.
I would again like to thank all of our current shareholders for
their support and hope you will visit us at our Facebook site
or at Twitter @luxuriantprpm for frequent updates.
Luther Jeffries CEO Protek/Luxuriant Holdings
Luxuriant Holdings would like to announce the use of social
media to announce material events in order to stay transparent with
current and future shareholders. Please refer to our Facebook page
for frequent updates.
Recently The Company made several changes and updates:
PROTEK CAPITAL ANNOUNCES NAME CHANGE AND ENTERANCE INTO THE
MEDICAL MARJIUANA (MMJ) / LEGAL MARJIUANA SECTOR
Protek Capital is excited to announce its entrance into the
mmj/legal recreational cannabis sector. Protek will be changing our
name to Luxuriant Holdings and rolling out our new business model
Luxuriant MMJ Fund immediately. We believe that this is and will be
the hottest sector of the market with constant growth over the next
The Luxuriant MMJ Fund will offer crucial funding opportunities
to all facets of the MMJ industry from startups to current
operations. Production, security, retail, r&d, etc. the
possibilities are limitless in this budding sector. One of the
largest hurdles to these entrepreneurs is the lack of traditional
finance / banking due to current legal issues on the federal level.
We intend to fill this gap immediately.
We have targeted our first partner and expect to close our first
transaction within the next 30 days upon completion of due
About Luther Jeffries, CEO, Protek.
The company has appointed Luther R. Jeffries to serve as CEO
effective immediately. Mr. Jeffries brings over 20yrs 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.
About ProTek Capital, Inc.
ProTek Capital, Inc. has historically concentrated on acquiring
a portfolio of unique and promising, high-growth potential
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
Contact: Luther Jeffries firstname.lastname@example.org CEO