LoCatI Global Holdings, LLC Acquires Broadcast Marketing Group, Inc.
June 03 2011 - 3:29PM
Marketwired
LoCatI Global Holdings, LLC, a Nevada Limited Liability
Corporation, in a strategic move has acquired Broadcast Marketing
Group, Inc. (PINKSHEETS: BDCM), a Florida Corporation. Member
Manager of LoCatI Holdings, LLC Dwight Jory announced the strategic
acquisition of Broadcast Marketing Group, Inc., May 11, 2011. The
acquisition of the public company (BDCM) positions the Limited
Liability Corporation in the global market for the development and
distribution of global positioning devices.
Mr. Jory has become President/CEO of Broadcast Marketing Group,
Inc. He has stated that the future of the company is bright with
rapid development occurring in the field of electronic devices; and
with acquisitions in land and development interests. Advancement in
development of global positioning devices on the world market is a
strong focus. Mr. Jory has announced the company is hiring
personnel in all positions, and expects that a Board of Directors
will be appointed quickly to manage assets and guide the company in
the early stages of the current strategic plans.
Recent reports indicate that the market is growing in demand for
global positioning devices in the maritime market, automotive
industry, and in the market of software and electronic devices.
LoCatI / Broadcast Marketing Group has acquired developed advanced
technology and business solutions for wireless tracking,
monitoring, surveillance, and recovery for items such as
automobiles, tractor-trailers, individuals, pets, cargo, medical
equipment, ATMs, and electronic equipment such as computers and
cell phones.
The Company will be filing within the next two weeks a Form 15
with the SEC, as it pertains to reporting / non reporting
status.
DISCLOSURES: "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release
contains forward-looking statements that are subject to risk and
uncertainties, including, but not limited to, the impact of
competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in Broadcast Marketing Group, Inc.'s
filings with the Securities and Exchange Commission. These risks
could cause Broadcast Marketing Group, Inc.'s actual results to
differ materially from those expressed in any forward-looking
statements made by, or on behalf of, Broadcast Marketing Group,
Inc.
For further information, please feel free to contact Public
Relations at 619-655-8094. Please feel free to visit our website,
www.locatiglobalholdings.com.
Contact: LoCatI Global Holdings, LLC Public Relations
619-655-8094
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