Sanctum Media Group, Inc. announces LOI to acquire equity in Enterprise CRM company

WEST PALM BEACH, Fla. - June 29, 2015 - PRLog -- Sanctum Media Group, Inc., through its subsidiary Sanctum Securance, Inc. (collectively Sanctum) is pleased to announce the execution of a funding agreement that will provide excellent synergy with Sanctum's existing investment portfolio. The investment of up to $1,000,000.00 (one million USD) to acquire 6.7% (6.7 percent) interest in this Target Company, will be utilized for completion of the company's partially built technology platform. The technology is a revolutionary, patent pending, cloud based software platform that addresses the multi-million dollar corporations in the hospitality/tourism, large destination event, transportation, and university markets.

  This investment Round B financing, to be completed over an estimated five (5) months, will provide Sanctum Media Group, Inc. with an unparalleled reach across the rapidly expanding digital Customer Relations Management market that is estimated by a leading market advisory group to be in excess of $36 billion by 2017. The Target Company has filed seven (7) patents, one (1) was recently awarded in March of 2015. This patent, and pending patents, once finalized and if granted, will provide additional assurance that their market footprint may be reasonably protected. The investment by Sanctum Media Group, Inc. will provide the Company with the needed additional capital to bring their software platform to a completed state ready for Beta testing. In addition to the 6.7% interest in the Target Company, Sanctum Media Group, Inc. will obtain a seat on the Board of Directors upon completion of the full investment amount.

The Target Company is also in discussion with a large private equity holding company to obtain the needed future capital to carry the platform to market. The Company reports that they believe they are close to completing the negotiations with a firm that could substantially improve the value of the Sanctum Media Group, Inc. investment in a very short time.

  Salvatore Renaldi, Chairman of Sanctum Media Group, Inc., stated today, "We are pleased that we were able to finalize our negotiations with this sought after Targeted Company. Our proprietary technologies and our ever growing market share is geared towards the small to midsized businesses. This company and its respective product brings the enterprise to enterprise large business piece that we need to have in order to position our footprint across all markets.” Renaldi stated that due to pending patent filings, trade secrets, and ongoing negotiations he could not disclose further information at this time.