StartCapital and Eight Dragons Company Form Contract on Corporate Development
14 Juillet 2017 - 8:04PM
Marketwired
StartCapital and Eight Dragons Company Form Contract on
Corporate Development
MIAMI, FL-(Marketwired - Jul 14, 2017) - Protect Pharmaceutical
Corporation (StartCapital) (OTCBB: PRTT) is pleased to announce
that it has been hired as a consultant to Eight Dragons Company
(OTCQB: EDRG) ("Eight Dragons") to provide the following
services:
(a) StartCapital shall use its best efforts to provide Eight
Dragons financial and business consulting services which would
include evaluating various business strategies and recommending
changes where appropriate and also critically evaluating Eight
Dragons' performance in view of its corporate planning and business
objectives.
(b) Corporate Planning shall include StartCapital developing an
in-depth familiarization with Eight Dragons' business objectives in
order to bring to its attention potential or actual opportunities
which meet those objectives or logical extensions thereof,
including, without limitation:
(i) alerting Eight Dragons to new or emerging high potential
products and distribution channels which could either be acquired
or developed internally;
(ii) consulting on Eight Dragons' corporate development
including such factors as position in competitive environment,
financial performances vs. competition, strategies, operational
viability, etc.;
(iii) identifying prospective suitable merger or acquisition
candidates for Eight Dragons, performing appropriate diligence
investigations with respect thereto, advising Eight Dragons with
respect to the desirability of pursuing such candidates, assisting
Eight Dragons in any negotiations which may ensue there from and
arrange and close on assets with the written authority of Eight
Dragons that are consistent with Eight Dragons' mission to train,
build, launch and venture; and,
(iv) assisting all eligible Eight Dragons ecosystem companies
pursuit of an exit strategy either by sale, merger, initial public
or secondary offering thru consulting services related to strategic
acquirers and/or go public options that exit.
Concurrent with this consulting agreement the company completed
a stock swap with Eight Dragons receiving 3,000,000 common shares
of Eight Dragons for 6,100,000 common shares of PRTT. StartCapital
is a new financing company that specializes in non-equity based
funding for start-up companies. Protect Pharmaceutical Corporation
will be renamed to StartCapital, Inc., in addition to its own
financing activities, will be a source for financing for companies
in the Eight Dragon ecosystem.
About Protect Pharmaceutical Corporation (to become Start
Capital)
Protect Pharmaceutical Corporation (OTCBB: PRTT) is a financing
company that provides non-traditional financing to startups and
other commercial businesses, invests in, operates and sells real
estate and provides exit strategies for startups. PRTT is
headquartered in Miami, FL and commencing operations in 2017.
Forward-Looking Statements: Except for historical matters
contained herein, statements made in this press release are
forward-looking statements. Without limiting the generality of the
foregoing, words such as "may", "will", "to", "plan", "except",
"believe", "anticipate", "intend", "could", "would", "estimate", or
"continue", or the negative other variations thereof or comparable
terminology are intended to identify forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause actual results,
performance or achievements to be materially different from any
future results, performance, or achievements expressed or implied
by the forward-looking statements. Also, forward-looking statements
represent our management's beliefs and assumptions only as of the
date hereof. Except as required by law, we assume no obligation to
update these forward-looking statements publicly, or to update the
reasons actual results could differ materially for those
anticipated in these forward-looking statements, even if new
information becomes available in the future. The Company is subject
to the risks and uncertainties described in its filings with the
Securities and Exchange Commission, including the section entitled
"Risk Factors" in its Annual Report on Form 10-K for the year ended
December 31, 2016 and its Quarterly Reports on Form 10-Q.
Contact Information
Jordan Fishman
Protect Pharmaceutical
+1 954-866-3726
Protect Pharmaceutical (PK) (USOTC:PRTT)
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