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1st Miracle Group Also Announces Manahem Golan/Belfair International Ltd. Drops Lawsuit Against 1st Miracle Group Inc.


Business Editors

LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  and TORONTO--(BUSINESS WIRE)--Feb. 16, 2000

1st Miracle Group Inc. announced today that Manahem Golan (Belfair International Ltd.) has dropped the lawsuit against 1st Miracle Group in favor of working together with 1st Miracle Group on movie projects.

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Tony Cataldo commented, &uot;I am pleased that we could resolve our differences in such a positive manner that allows both Mr. Golan and 1st Miracle to create high quality films and I feel there is still more gas in his tank. We look forward to working with Mr. Golan on a project by project basis.&uot;

The statements in this news release that relate to future plans, events or performances are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve risks and uncertainties, including risks associated with uncertainties pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to customer orders, demand for products and services and other risks identified in the company's SEC filings. Actual results, events and performances may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
. The company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or reflect the occurrence of unanticipated events.
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Publication:Business Wire
Date:Feb 16, 2000
Words:211
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