Friday, August 29, 2014 6:38:09 PM
DTCC April 4th Letter came out on the Global Lock
Cheyenne, WY – April 15th, 2014 Protek / Luxuriant (OTC: PK PRPM) (“the company”) Releases
an open letter to our shareholders regarding current company dealings.
Dear Shareholders,
Due to issues surrounding the Global Lock I regret to inform shareholders that Luxuriant
Holdings will be unable to attend the Denver tradeshow. The DTC action has caused funding to
be delayed until the issue is resolved. Our funding is structured on a draw as needed system
which is backed by shares, we are given an allotted amount of time to repay the loans and
return the shares to the treasury. Understandably, our financier would like their collateral
tradable to tradable. While I am working hard with the company's lawyers to address the issue
and remove the Global Lock, the company is unable, in the short term, to meet its ongoing
commitment to Vortex. The tradeshow has been fully paid for (Booth 704), however, without
compensation, Davyd Field and his Vortex team will not be able to attend. Effective
immediately, Davyd Field will be resigning from the Board of Directors. He will work closely
with Luxuriant Holdings web design team to transfer files and documents, once outstanding
invoices can be paid in full. The company is truly sorry that Vortex will not be representing us
at the Denver tradeshow. We are grateful to Davyd and his team for all their help and we hope
to possibly work with Vortex in the future.
Luxuriant Holdings will be continuing on with all other operations and expect to come
out of the Global Lock shortly with a favorable share structure and many beneficial
accomplishments to share with our shareholders. I have already selected a qualified
replacement to the board of directors with decades of agriculture experience which we will
announce next week. I thank you all for your continued support and look forward to returning
to our expansion plans when this issue at hand is resolved.
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