Sports Concepts Inc. Terminates Agreement with MotionDNA
PHOENIX, March 29, 2007 /PRNewswire-FirstCall via COMTEX/ -- Sports Concepts (OTC: SCPT) is terminating the share exchange agreement pursuant to section NRS 78.385 and 78.390 of the agreement whereby Sports Concepts Inc, Arizona became a wholly owned subsidiary of Motion DNA Corp, who subsequently changed it name to Sports Concepts Inc, a Nevada Corp. The Principles of Sports Concepts Inc, Arizona deem the agreement to be in breach and therefore are going back to their former position, as an independently owned Arizona Corporation with no ties of affiliation with Motion DNA, as the company was subsequently changed back to.
Should you have any question or concerns you may contact either party to the agreement for information. Sports Concepts Inc. can be reached at sportsconcepts@cox.net or Michelle Thomas, President Sports Concepts Inc. 480-202-4641.
About Sports Concepts Inc.:
A Scottsdale, Arizona-based sports marketing company that continues to focus on developing, acquiring, and marketing products for licensing and distribution with professional sports leagues, major retailers, and other venues through professional sales companies. Sports Concepts suite of products include but are not limited to interactive sports toys, licensed sports products and apparel, collectors items and memorabilia, shoes, foods products, product lines appealing to the fan base of professional, collegiate, and youth sports leagues.
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