Entrepreneur and Brand Expert Edward Torres Take The Helm
Move into E-Commerce Industry: Mobile payment and Location Services
FORT LAUDERDALE, FL-(December 23, 2014) – Tanke, Incorporated (OTC: TNKE), a diversified holding company focused on emerging technologies and “cleantech,” is pleased to announce it has signed a binding agreement for the acquisition of the GoEz Group via a majority stock agreement with GoEZ Discount Inc. and assuming management of other GoEZ brands. Entrepreneur and Brand expert Edward Torres is appointed President and is to head USA and Latin American operations for Tanke. Tanke will begin operation immediatelyunder a new name as SpikCo.
This combination brings our financial position to an asset base of $8 million with top line revenue run rate of $10 millionper year.Above all, it provides an operating platform that encompasses a social e-commerce internet based discount buying service and a depot warehouse that sells to over 2,500 urban moms & pops stores in Metro NY. Now, we will be turning into the Mobile payment and location services industries, markets that will reach to $189 billion by 2018 and $43.3 billion by 2019 respectively. This adds up to the current Tanke’s platform which focuses on incubating small and medium-sized enterprises (SMEs). We are very pleased with Ed Torres joining us.” Says Carrie Zhang, CEO of Tanke, Inc.
Mr. Torres, is a successful entrepreneur and a brand management expert with a portfolio that includes the successful GoEz brand and developer of discount warehouse, now embarking into the convergence of e-Commerce, mobile payment with location services. He brings over 20 years of experience as a proven senior executive. His career includes holding senior management positions in Coca-Cola and Procter & Gamble (P&G) Distribution Company. Mr. Torres developed urban retail sales methodology for P&G and has worked with various telecommunications and wireless firms.
“With Ed Torresat the helm, this signifies three key points –First, access to one of the most promising industries which according to yStats.com, will range from $700 billion to $950 billion in 2015.Second, ability to fully utilize and exploit the potential of our successful Incubation and management program. Lastly, this strategic agreement marks our continued advancement of our asset based model with new mobile and location services technology for our portfolio companies”. Says Carrie Zhang, CEO of Tanke, Inc.
“What will set us apart from our competitors?Our passion to help merchants generate long-term relationships with their customers and create advocates for their business while growing our on-line discount business.We are delighted to be a part of Tanke’s team.” Says Mr. Edward Torres, founder of the GoEZ brand, incoming President of Tanke.
About Tanke Incorporated
Tanke is a diversified holding company with the mission to develop, manage and finance emerging companies in high growth industries. Tanke is focused in the development of environmental technologies and “Cleantech” for a wide range of markets such as commercial, industrial and municipal applications. Tanke believes that globalization and the emergence of Asia stresses natural resources, water, energy and food, and environmental technologies will be at the forefront of the new paradigm shift in usage of resources. Through its subsidiaries and affiliates in the world and with its deep experience in China — the fastest growing emerging market in the world, Tanke seeks to grow through acquisitions, organic growth in the USA and also in the emerging markets. Our holdings consist of: Environmental & Water technologies, eWaste, Software-as-a-Service’s (SaaS) Enterprise Resource Planning (ERP) software technology, reverse logistics technologies and recycling technology.
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