Friday, September 9, 2011

Big Volume for Takedown (OTC:TKDN) on MMA Deal

Big Volume for Takedown (OTC:TKDN) on MMA DealShawshank, VA 9/9/2011 (PennyPayDay) – Takedown Entertainment Inc. (www.takedownentertainment.com) (OTC:TKDN), an authority in the business of mixed martial arts, announced today, in a press release, that it has signed a Letter of Intent to acquire worldwide distribution rights to past and future MMA fights with Absolute Action MMA, plus certain rights to the brand and sponsorship representation.

Created by Patel Parag in Kentucky in 2010, Absolute Action MMA (AAMMA) has quickly capitalized on the burgeoning Midwestern mixed martial arts industry. Conceived as a means to steer away from the barroom brawler mentality that many MMA organizations were embracing, AAMMA has garnered respect from athletes who've gone on to fight for Strikeforce such as Kim Couture and Bellator Fighting Championship's Amaechi Osalukwue. AAMMA has created a reputation as a springboard for MMA fighters to advance their professional careers.

Absolute Action MMA President Patel Parag stated, "I saw regional shows that cared more about making money and cutting corners than giving local fighters a stage to show their skills. I had a friend that was fighting in another show and he broke his hand for just $25! Giving fighters and fans more was how AAMMA was born. Now in this partnership with Takedown, we can move forward and take advantage of the massive growth of mixed martial arts. We're confident that with Takedown's management, resources and vision, our promotion will be the best in the Midwest."

Headquartered in London, UK with offices in Beverly Hills, California, Takedown Entertainment Inc. is a sports entertainment company with subsidiaries involved in the acquisition, production, distribution and marketing of mixed martial arts (MMA) programming, content and licensed products for North American and International markets.

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