SSM MEDIA Announces Execution of Loan Documents With Inter Global Investments, LLC for Fifty Million Dollars
(firmenpresse) - MESA, AZ -- (Marketwire) -- 08/31/11 -- parent company of B2 Digital, Inc. (PINKSHEETS: BTDG), signed loan documents in the amount of (Fifty Million Dollars) with Inter Global Investments, LLC.
On holding Company () of "Real Hip Hop Network" and "B2 Digital, Inc." announces the execution of loan documents in the amount of ) with Inter Global Investments, LLC. In addition, SSM Media has received bank confirmation for Inter Global Investments, LLC's shared credit facility.
is a premier private equity group with a growing portfolio of companies. SSM and wholly owned subsidiaries RHN.TV and B2 Digital, Inc. is a media corporation providing television programming services to diverse, global markets through satellite and cable television distribution. SSM's core concentration is in telecommunications, mobile technology, cable, internet and media. ()
RHN.TV is the world's first 24-hour cable network devoted to Hip-Hop Culture, Lifestyle and Music. SSM Media will appropriate funds from the credit facility to secure production facilities and initiate contracts to secure distribution nationwide. The credit facility will fund RHN's nationwide launch through major cable and satellite MSOs. Atonn Muhammad stated: "RHN's subscriber growth in the United States will drive relationships with national advertisers, generating streams of income that will increase maximum value to our shareholders." More information on RHN can be found at: .
Inter Global Investments, LLC. is a private lender focused on providing loans to small and mid-sized public companies by way of shared credit facilities.
This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result certain risk and uncertainties, including but not limited to those detailed from time to time in the Company's filings with Pink Sheets.com. All business projects are subject to numerous risk factors including changing regulations and other factors that may depend on funding and approval of government agencies.
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Datum: 31.08.2011 - 03:00 Uhr
Sprache: Deutsch
News-ID 1035437
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Music & Radio
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