NexxNow, Inc. (OTC Bulletin Board: NXXN), a sports media and marketing company, has announced the transfer of controlling ownership in the company in exchange for the support required to determine the full potential of the assets and relationships that presently exist in China. The transfer of control was effected with no dilution to the present shareholders.
NexxNow has spent the past months developing its Chinese Advisory Board and media relationship required to execute its business plan. “We had run short of capital these last few months and have eliminated the majority of our operating expense. This arrangement affords the Company the time to cultivate and further determine the potential of all that has been put in place,” stated Sterling Shepperd, board member and Secretary.
NexxNow, Inc. is a diversified Sports Media and Marketing Company that provides technologically powered multi-media ad platforms to National/International Advertisers. NexxNow China, Inc. (Subsidiary) is pursuing the television broadcast of professional sporting events to China.