SOURCE: Multimedia Platforms Inc.

January 20, 2015 07:30 ET

Sports Media Entertainment Corp Signs a Definitive Agreement to Acquire Multimedia Platforms, LLC and Changes Name to Multimedia Platforms Inc.

FORT LAUDERDALE, FL--(Marketwired - Jan 20, 2015) - Sports Media Entertainment Corp (OTCQB: EAHCD) today announced it has changed its corporate name to Multimedia Platforms Inc. and has signed a definitive agreement to acquire Multimedia Platforms, LLC ("MMP"), a multimedia technology and publishing company delivering news, entertainment, connectivity, and advertising to the over $850 billion LGBT (Lesbian, Gay, Bisexual, Transgender) market.

MMP has completed the required SEC filings to merge with EAHC and has been approved by FINRA for a name and symbol change, and a 1-for-30 reverse stock split. The name change/reverse split will take effect at the open of business 1/16/2015. The new symbol will be "EAHCD." The "D" will be removed in 20 business days and the symbol will change to "MMPW."

Veteran publisher, author and coach, Bobby Blair, is taking over as CEO of the public company. Mr. Blair has over 25 years of experience in leadership in the business world. Starting as a young professional tennis player, Bobby soon became one of the youngest general managers of a professional sports franchise in United States history. In 1993 Mr. Blair created one of the most successful distressed single-family home re-development companies and in 1997 became the national spokesperson for the Real Estate seminar division of "SUCCESS Magazine." The publishing company that was to become Multimedia Platforms, LLC was started by Blair in 2006, and has grown from local to statewide print distribution and online interactive media with over 60,000 visitors per month.

"We have created a strong foundation for this company, and have an aggressive growth plan," Bobby Blair stated. "Going public was the next logical step to take us to our global expansion goal. Having firmly established our company with our print publications and then becoming a public company, we are now positioned for our national expansion," added Blair.

MMP's two current publications, Guy Magazine, a Men's Lifestyle periodical, and the Agenda, a news and business-focused weekly newspaper, have been consistently successful in this market. The upcoming launch of the Global Agenda Network™, MMP's revolutionary social media platform, is the next step in the company's growth strategy. Additionally, part of MMP's growth strategy is the acquisition of several other LGBT publications. The company will announce acquisitions as agreements are signed.

TBG Holdings Corp. brought Multimedia Platforms, LLC public by strengthening MMP's corporate infrastructure, raising capital, providing accounting and CFO functions (through TBG's sister company, R3 Accounting,) and performing the preparatory steps to merge into a publicly traded company.

Multimedia Platforms, LLC ("MMP") is an industry-leading Multimedia Technology and Publishing company that integrates print media with social media, and related online platforms, to deliver information and advertising to niche markets. MMP's goal is to utilize their proven business model to deliver niche publications and online platforms that target one of the most sought after demographics in the world, the $850 billion Lesbian, Gay, Bisexual and Transgender global market. MMP has recently expanded their concept to include video and mobile applications reaching deep into the international LGBT community. MMP's plan to interweave print, web and mobile delivery of the highest quality news and entertainment information via a variety of platforms crosses all cultural, generational and preferred modality barriers to reach an unprecedented audience.

TBG Holdings ("TBG") is a private venture capital firm that offers unique opportunities to TBG accredited investors. TBG Holdings and its sister company, R3 Accounting, review the strengths and weaknesses of many companies that appear to be poised for rapid growth, and choose the very best emerging companies to structure mutually-beneficial opportunities for TBG, its shareholders, and the companies seeking to grow. To our shareholders, this represents an opening to take an early position in a promising young enterprise that is also receiving expert and experienced assistance with acquisitions, mergers, infusion of capital or restructuring debt. TBG Holdings reviews many companies each week and maintains an active portfolio of attractive holdings for its shareholders.

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