Gravity Collection Withdraws from Merger with Monar International Inc.
DENVER -- (September 5, 2012) – Gravity Collection, Inc., has withdrawn its previously announced intent to merge with Monar International Inc., (OTCBB: MNAI).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