SOURCE: ProTek Capital, Inc.

August 14, 2014 12:35 ET

Luxuriant Holdings / Protek Capital Announces the Appointment of Jorge Luis Saenz to the Board of Directors and Subsequent Events

DALLAS, TX--(Marketwired - Aug 14, 2014) -  Luxuriant Holdings, Inc. (OTC Pink: PRPM) (PINKSHEETS: PRPM) "The Company" Announces the appointment of Jorge Luis Saenz to its Board Of Directors effective immediately.

Luxuriant Holdings is proud to welcome Jorge Luis Saenz to the BoD of our company. With the recent completion of our new "partnership" with Kolbe Global Logistics it is a logical fit to have Mr. Saenz come on board to assist in the many new projects we have planned for roll out over the coming weeks.

Mr. Saenz brings a wealth of experience to our company such as event organization and planning, widespread contacts in the Cannabis Industry, and excellent public communication skills. Mr. Saenz is holds a degree in business from Eastern Michigan University. He is Bi-Lingual Spanish/English and has a wealth of business and organizational experience stretching back 20 years.

We will be updating shareholders regularly on the global lock, new product developments, expansion of non-dilutive funding, and further expansion of assets through acquisitions and strategic partnerships. The company is currently in negotiations to acquire or form a strategic alliance with a "sister" company that will add value to Luxuriant Holdings and its shareholders. We expect to announce the results within two weeks.

"I want to thank each and every shareholder for their patients over the last few months as we guided our company through these trying times and am happy to be reemerging into the Cannabis marketplace rapidly executing our business plan," stated Mr. Jeffries.

Luther Jeffries
Protek/Luxuriant Holdings

About Luxuriant Holdings/ ProTek Capital, Inc.

ProTek Capital, Inc. has historically concentrated on acquiring a portfolio of unique and promising, high-growth potential companies.

Forward-Looking Statements: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

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