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SOURCE Primco Management Inc.
SEATTLE, Aug. 18, 2014 /PRNewswire/ -- Primco Management Inc. ("Primco" or the "Company," OTCBB: PMCM), a medical marijuana, real estate management and multi-media company, today announced that it has entered into a share exchange agreement with New Fierce Entertainment, Inc. (www.fierceentertainment.com) ("Fierce"), a company active in the acquisition and global distribution of film and television programs. With its cutting-edge Fierce Mechanix proprietary Internet platform which has been in development over the last five years and its extensive access to financiers, agents, producers and rights buyers worldwide, the Fierce association makes ESMG an immediate player in the global film and television market.
"We are excited to announce our entrance into the indie film and television distribution business and our newly formed relationship with Fierce. Christopher Petzel, the company's CEO, has a long and successful track record in the entertainment industry with major players such as investment bank Houlihan Lokey, where his clients included The Walt Disney Company and DreamWorks," stated David Michery, President and CEO of Primco. "Fierce will give hundreds of independent producers and financiers direct access to a vast network of well over a thousand film and television rights buyers throughout the world and our relationship with Warner gives them the potential of a domestic distribution opportunity that is second to none. This is a very exciting opportunity for both ESMG and Fierce which will only further our potential to generate significant revenues and bottom-line profits through the acquisition and distribution of film and television assets."
"Our relationship with ESMG will enable us to substantially increase revenues, ramp up acquisitions activity and deliver a steady stream of independent film and television content to theatrical and video distributors, broadcasters and IP-based platforms around the globe," said Christopher Petzel, Fierce's CEO. "Our proprietary Fierce Mechanix platform will serve as the backbone to this business and, we believe, revolutionize the way independent film and television programs are brought to market."
About Primco Management Inc.
Through its wholly-owned subsidiaries, ESMG Inc., Top Sail Productions and D & B Music, Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution. Primco also operates in various aspects of the medical marijuana and real estate industries.
Primco Management, Inc. (PMCM)
2211 Elliott Ave.
Seattle, WA 98121
Forward Looking Statement
The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
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