Alternative Entertainment's CEO to Appear On CNBC; CEO Ralph Amato to Appear on CNBC's "Investing in America" Nov. 7, 1998 at 2:00 p.m. EST.LA JOLLA La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and , Calif.--(BUSINESS WIRE)--Nov. 5, 1998--Alternative Entertainment (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BOYS) is pleased to announce that the Company's 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. , Ralph Amato, will appear on CNBC's Investing in America with Emmy award Emmy award Annual presentation for outstanding achievement in U.S. television. Its name is taken from the nickname “immy” for the image orthicon, a television camera tube. winning host, Michael Jackson. Amato will discuss exciting investment opportunities in the adult entertainment industry. Alternative Entertainment, Inc. (the "Company") has positioned itself as an Internet aggregator and a wholesale distributor of media content to the Adult Entertainment Industry. Specifically, as a virtual Internet content provider See content provider. of advanced online media for E-Commerce on Adult Internet Sites. Additionally, the Company plans to acquire, develop and operate Upscale Gentlemen's Clubs. Its first club, a 15,000 square foot facility in San Francisco, will be open in January 1999. The clubs will provide a portion of the Adult Content that will be distributed through Webmasters to the more than 45,000 adult Internet sites. On line Adult Internet Sites exceed $1.2 Billion in annual subscription revenues with margins as high as 70%. In 1996, Adult Internet E-Commerce transactions represented the single largest segment of Internet revenues (60%). The Company has an extremely strong management team comprised of several key executives from the Gentlemen's Club Industry. |
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