
ProTek Capital, Inc. (PRPM) "One to Watch"
Having recently changed the name and focus of the Company, PRPM isnow eagerly pursuing the vision of constructing a world-class technologyprovider. The name change followed the sale of wholly-owned subsidiaryPropalms Ltd. in a share exchange valued at $2.3M and consisting of 100Mshares of NX Global, Inc. Consistent with the corporate strategy, theBoard as well approved a dividend to the Company's shareholders, wherebyshareholders received one restricted share of NX Global stock for everythirty shares of PRPM owned.
The strategic acquisition of small
The strategic acquisition of small, highly focused software companieswhich are just emerging from start up and are either looking to sellthe infrastructure, or expand aggressively, is an ideal tactical profilefor PRPM given the exploding global tech market. By providing small,already profitable tech companies with the necessary springboard toreach their maximum potential, or through acquiring said companies, PRPMis looking to generate massive revenue.
With offices in the Eastern US and in the UK, the Company has alreadyrapidly developed a network of deal sources which enable a global reachthat is underwritten by the competencies of subsidiaries like AcuteSystems Consulting LLC, which recently secured a $25k purchase orderfrom a prominent Florida engineering company for a variety of hostedservices, data storage and backup solutions.
The Acute Systems Consulting acquisition
The Acute Systems Consulting acquisition, which was valued at $300k,has opened up a broad new front in cloud computing for PRPM. Thefootprint acquired along with Acute has emboldened the Company toventure furthermore, especially considering the already booming business inthe cloud computing sector being done by Acute, and PRPM is looking moreclosely at expanding into the sector, even ahead of other acquisitions.
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