Wednesday, May 9, 2012

TKDN - Ready To Move Off Support?

TKDN has been holding up at support the last few weeks after a dramatic decline from well over $.10 a share this year.

The company has issued a few updates recently and I think the stock is primed to make a move higher off its current support in the $.0062 - $.007 area.

Takedown Entertainment Closes Rights Agreement With Chicago Cagefighting Championship Marketwire   "Press Releases" LONDON -- (Marketwire) -- 05/09/12 -- Takedown Entertainment Inc. ( (OTCBB: TKDN) is pleased to announce that its subsidiary, Fight Rights Licensing Inc. , has signed a License and Distribution Agreement with Chicago Cagefighting Championship (CCC) for past content and future events. Chicago Cagefighting Championship was started in 2009 by matchmaker and promoter Joe Smith . Since their inception Chicago Cagefighting has featured some of MMA's best known names including Ultimate Fighting Championship (UFC) Lightweight Champion Jens "Lil " Evil Pulver, former World Extreme Cagefighting (WEC) contender Chase Beebe , and an upcoming card with Ultimate Fighter contender Jon "War Machine" Koppenhaver. Showcasing the top names in MMA with the best fighters in Illinois has made Chicago Cagefighting a serious contender in combat sports. About Takedown Entertainment Inc. Headquartered in London, UK with offices in Beverly Hills, CA , Takedown Entertainment Inc. is a sports entertainment company that acquires, produces, distributes and markets Mixed Martial Arts (MMA) programming and products for television and digital media in North American and International markets. Safe Harbor Statement Under the United States Private Securities Litigation Act of 1995: This release may contain forward-looking statements that are affected by known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed, implied or anticipated by such forward-looking statements. The Company does not intend to update this information and disclaims any legal liability to the contrary. Add to Digg Bookmark with Add to Newsvine Business & Media Contact Takedown Entertainment Inc. UK : +44.20.3318.8590 US: +1.310.955.1070 Source: Takedown Entertainment Inc.

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