This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ProTek Capital, Inc. Shareholders Updates

DALLAS, Dec. 19, 2012 /PRNewswire/ -- ProTek Capital, Inc. (OTCPK: PRPM) is pleased to announce Shareholders updates and recent developments.

ProTek Capital Inc, has been recently acquired by a new investment group. The new investors implemented a new business plan that would be fulfilled by new management and a newly appointed board.

The recent developments in ProTek Capital Inc., has prompted this management to release a shareholders update and a recap of recent developments.

The management of ProTek will implement a monthly Shareholders Updates routine. "Along with the normal set of disclosures, significant events and Press Releases, the management will do a monthly Press Release to maintain an information and disclosure flow for our shareholders. We feel that the ProTek Capital in its past form has created a great following among the investment community and our management desires to honor and respect their loyalty to the company. We realized that as we took over and implemented the new business concepts and plans, the investors may speculate and have the wrong ideas about our intent and plans. So, as the interim CEO and a board representative, I wanted to assure that there are certain corporate actions that will not take place. For example, the current interim management as well as the newly assigned board of directors are not contemplating nor consider implementing and reverse stock split. However, we are implementing an aggressive "buy back" program due to the fact that in our current management opinion, ProTek stock is extremely underpriced and undervalued.  Nor are we considering any sort of "toxic" and/or convertible debenture financing. We feel that since we are self funding group, we can grow and prosper with the current loyal and supportive shareholders," stated Edward Vakser, Chairman/CEO of  ProTek Capital Inc.

To further recap of the company's current actions:

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,076.27 +64.33 0.36%
S&P 500 2,114.14 +4.54 0.22%
NASDAQ 5,097.7780 +21.2540 0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs