SOURCE: FIMA Inc.

Fima Inc.

October 05, 2011 12:18 ET

Fima Inc. Announces the Planned Acquisition of Action Sports Hub Inc.

HUNTINGTON BEACH, CA--(Marketwire - Oct 5, 2011) - Fima Inc. (PINKSHEETS: FIMA) has announced that management has come to terms to acquire privately held 'Action Sports Hub Inc.' (www.ActionSportsHub.com). Action Sports Hub Inc. has created a marketing niche of having the ability to cross-market action sports demographics with mixed martial arts demographics while creating one of the premier action sports and mixed martial arts web portals utilized today by both industries.

"This acquisition furthers our efforts to progress into what management feels is a much more viable business model with the recent acquisition of 603 Beverages and now ASH; we feel this could in turn create an 'in house' marketing scenario for all the companies involved," said CEO Larry Twombly. He goes on to state, "We plan to further this by keeping our doors open to other verticals we may encounter as well. We focused on thinking out of the box, and we shall keep on that path to navigate what we feel are truly difficult equity markets."

Fima Inc. will follow up on this release. Link to the 'Action Sports Hub' Facebook group to stay in touch with corporate developments.

About Action Sports Hub
Action Sports Hub is a marketing, advertising, event coordination and sponsorship acquisition firm that has built a following with a demographic in the youth generation trend while focusing in mixed martial arts as well as action sports. ASH has become a top viewed website globally for Mixed Martial arts and Action Sports.

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