DENVER, Sept. 5, 2012 (GLOBE NEWSWIRE) -- Gravity Collection, Inc., has withdrawn its previously announced intent to merge with Monar International Inc., (OTCBB:MNAI).
Based in Denver, Gravity Collection Action Sports Channel is expected to launch its action sports network in 23 countries worldwide, with the capability to reach 68 million homes, on October 1, 2012, delivering content including skiing, surfing, snowboarding, rock climbing, kayaking, windsurfing, motocross, mountain biking and other popular action sports.
Gravity Collection is led by media veterans Harry S. Vested, Jr. and ESPN founding Chairman Stuart Evey.
"Gravity is continuing its strategy to accelerate the actualization of our business plan and establish value for our stakeholders," said Vested.
Media Contact
Brad Fitzgerald
636.236.7690
Brad@GoElastic.com
About Gravity Collection
Gravity Collection, Inc., a multiplatform media company, was established in 2005, where it began aggregating content in the action sport genre. Since that time, Gravity Collection, Inc. has amassed an extensive library and is one of the largest content providers in the space. As a champion for action sports, Gravity Collection features content from the numerous disciplines such as skiing, snowboarding, motocross, BMX, skateboarding, surfing, mountain biking, B.A.S.E. jumping, hang gliding, wind surfing, rock climbing, kite surfing and more.
This information was brought to you by Cision http://www.cisionwire.com
http://www.cisionwire.com/elasticity/r/gravity-collection-withdraws-from-merger-with-monar-international-inc-,c9301480
The following files are available for download:
| wkr0006.pdf |