ProTek Capital, Inc. (PRPM) “One to Watch”

Mar. 30, 2011 5:22 PM ET
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ProTek Capital is focused on bringing together public and privately held software companies, through direct investment or outright acquisition, in order to serve shareholders the optimal return on investment possible.

Having recently changed the name and focus of the Company, PRPM is now eagerly pursuing the vision of constructing a world-class technology provider. The name change followed the sale of wholly-owned subsidiary Propalms Ltd. in a share exchange valued at $2.3M and consisting of 100M shares of NX Global, Inc. Consistent with the corporate strategy, the Board also approved a dividend to the Company’s shareholders, whereby shareholders received one restricted share of NX Global stock for every thirty shares of PRPM owned.

The strategic acquisition of small, highly focused software companies which are just emerging from start up and are either looking to sell the infrastructure, or expand aggressively, is an ideal tactical profile for PRPM given the exploding global tech market. By providing small, already profitable tech companies with the necessary springboard to reach their maximum potential, or through acquiring said companies, PRPM is looking to generate massive revenue.

With offices in the Eastern US and in the UK, the Company has already rapidly developed a network of deal sources which enable a global reach that is underwritten by the competencies of subsidiaries like Acute Systems Consulting LLC, which recently secured a $25k purchase order from a prominent Florida engineering company for a variety of hosted services, data storage and backup solutions.

The Acute Systems Consulting acquisition, which was valued at $300k, has opened up a broad new front in cloud computing for PRPM. The footprint acquired along with Acute has emboldened the Company to venture further, especially considering the already booming business in the cloud computing sector being done by Acute, and PRPM is looking more closely at expanding into the sector, even ahead of other acquisitions.

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