WFAM Wikifamilies Signs Definitive Agreement to Ac

WFAM Wikifamilies Signs Definitive Agreement to Acquire Control of RC One, Owner of Southern Californias Largest Independent Mixed Martial Arts (MMA) Enterprise Business Wire "Press Releases - English"
SAN DIEGO --(BUSINESS WIRE)-- Wikifamilies, Inc. (OTC Markets: WFAM) announced today that it has signed a definitive agreement to acquire 60% of RC One, Inc. in a cash transaction. RC One is the owner and operator of the largest independent MMA brand in Southern California , Respect In The Cage, www.respectinthecage.com. The enterprise includes MMA fights, broadcast rights, promotions, merchandising and concessions at all events. The closing of the transaction is anticipated to occur by the end of May.

Making the announcement Trisha Malone , CEO of Wikifamilies, Inc. , said, I am pleased to reach an agreement to acquire the majority ownership in RC One and its Respect In The Cage brand. We believe the acquisition of RC One will give our company and its shareholders a unique opportunity to participate in this very exciting industry.

We are excited to have the funding commitment necessary to grow our Respect In The Cage brand on both a national and international level, said John Pena , RC Ones CEO. MMA is the worlds fastest growing sport and broadcast rates for television rights are skyrocketing in the US and abroad, he added.

The sport of MMA is now broadcast in 149 countries, to over one billion homes and in 30 different languages via Pay-Per-View and television. The demographics of MMA are compelling*:

Approximate Size: 31-40 million active participants.

Approximate Value: $50 billion (and growing).

Gender Ratio: 3:1 male: female (75% male / 25% female)

Typical Age range: 18-34 years old

Average Income: $56k /year

Average Marital Status: In a relationship (married or committed)

Typical Education Level: Bachelors Degree

Weekly Training Habits: 3-5 days/week

Follows: At least one mainstream sports team (football, baseball, basketball)

Americans who call themselves "fans" of MMA: 35% of the population

When Googling Respect in the Cage there are 34.6 million search results and the growth in its brand has been exponential since the company launched in 2009. The company intends to expand its presence by increasing the number of fights, promotions, broadcast agreements, merchandising and overall event development.

FORWARD LOOKING STATEMENT: This press release contains forward-looking statements, including statements about the consummation and timing of the acquisition of RC One Inc. by Wikifamilies, Inc. the business plan and prospective financial condition of Wikifamilies, Inc. and RC One. The forward-looking statements are subject to risks and uncertainties, including that the parties may not complete the transaction or that when completed, the transaction might be different than presently contemplated. Readers should not place undue reliance on the forward-looking statements. Wikifamilies, Inc. does not undertake any obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances. In addition, any forward looking statements regarding forward expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: whether Wikifamilies, Inc. can successfully execute its operating plan; its ability to integrate acquired companies and technology; its ability to retain key employees; its ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; and whether Wikifamilies, Inc. can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

* "The Demographics of MMA:Know the Combat Sports Industry" Examiner.com



Trish Malone CEO, Wikifamilies, Inc. 909-708-4303 or John Pena CEO, RC One, Inc. 909-708-4303 jp@jpgroupla.com www.respectinthecage.com Facebook: www.facebook.com/RespectInTheCage Twitter: twitter.com/respectthecage

Source: Wikifamilies, Inc.