PHOENIX, AZ — (Marketwired) — 05/23/17 — MK Automotive, Inc. (OTC PINK: MKAU), a live video streaming (over-the-top or OTT) service and original content incubator, today, in response to inquiries from the investment and cord cutter community (streamers), offered, through its CEO, David Loflin, insight into its recent statements regarding Clikia–s efforts towards expanding and improving its current streaming channel offerings.
Mr. Loflin stated, “Clikia–s primary objective is to offer a streaming channel package that generally mirrors a traditional cable TV channel package, with one important exception: our cable TV streaming package will NOT include hundreds of unwanted channels — the –streamers– do not want them. Instead, we are designing a channel lineup that features only the most popular cable television channels, a lineup that, when viewed from a 30,000-foot level, is a complement to Netflix, HBO GO and the like. Reducing the overlap between streaming services will greatly increase our customer base. That is what the streamers want. Our team is dedicated to this project, and we remain pleased with the progress made to date.”
Clikia is a content delivery company within the rapidly expanding “over-the-top” marketplace, an extremely attractive and active marketplace positioned at the very center of the inevitable, unstoppable merger of two dynamic universes: television and digital video.
Clikia–s entertainment streaming packages are flexible enough to satisfy younger consumer groups, as well as the traditional consumer groups who have become comfortable in securing a wide-ranging buffet of programming options from a single provider.
“Over-the-top,” or OTT, is the term used to describe the delivery of film and TV content via the Internet, without requiring users to subscribe to a traditional cable or satellite pay-TV service, like Comcast or Time Warner Cable.
This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company–s current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company–s business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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MK Automotive, Inc.
Investor Relations
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