Friday, October 24, 2014

Progress Watch Announces Acquisition


PISCATAWAY, NEW JERSEY--(Marketwired - Oct. 24, 2014) - Briken, LLC and Mobile Broadcasting Holding, Inc. (PINKSHEETS:PROW), formerly Progress Watch Corporation, jointly announced today that they have completed a stock exchange under an agreement announced on October 22, 2014. With stock exchange, Mobile Broadcasting Holding has completed the reacquisition of Mobile Broadcasting Corp. as a wholly owned subsidiary. Kenneth D. Bland, through Briken, is now the controlling stockholder Mobile Broadcasting Holding. And, he has assumed the directorship and CEO positions of Mobile Broadcasting Holding. Concurrently, Jackson L. Morris has resigned both as a director and chief executive officer of Mobile Broadcasting Holding.

Progress Watch Announces Acquisition



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