AmeriDream Entertainment Inc. Requests Forbes Retraction.Business Editors BERMUDA DUNES, Calif.--(BUSINESS WIRE)--Dec. 5, 2002 Lang Elliott, president and 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. of AmeriDream Entertainment Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMDR AMDR Association of Medical Device Reprocessors AMDR Acceptable Macronutrient Distribution Ranges (nutrition) AMDR Air and Missile Defense Radar ), expresses dismay at the reporting irregularities made by Seth Lubove from his interview of Elliott on Oct. 24, 2002 and published erroneously er·ro·ne·ous adj. Containing or derived from error; mistaken: erroneous conclusions. [Middle English, from Latin err by Forbes Magazine. The company has demanded a retraction In the law of Defamation, a formal recanting of the libelous or slanderous material. Retraction is not a defense to defamation, but under certain circumstances, it is admissible in Mitigation of Damages. Cross-references Libel and Slander. and is prepared to take whatever legal action is necessary to remedy the damages to the company and its shareholders from the publication. About AmeriDream Entertainment Inc. AmeriDream Entertainment is a Coachella Valley Coachella Valley (kō'əchĕl`ə), arid region, SE Calif., N of the Salton Sea. Water is brought into the region by artesian wells and by the Coachella Canal (123 mi/198 km long), a branch of the All-American Canal built between 1938 and , Calif.-based major motion picture and television production and distribution company and was founded and incorporated in California. AmeriDream Entertainment Inc. bases its future on public and industry financing. The AmeriDream companies will utilize its officers, directors and consultants to establish new production, co-production and distribution relationships throughout the world. AmeriDream Entertainment Inc. has headquarters at 79811 "A" Country Club Dr., Bermuda Dunes, Calif. 92201; Tel: 760/345-2400; Fax: 760/345-0980 or 800/929-6147 for U.S. & Canada. Forward Looking Statements http://gaskinsco.com/forwardlooking.htm This press release contains statements, which may constitute "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. " within the meaning of the Securities Act of l933 and the Securities Exchange Act of l934, as amended by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of l995. Those statements include statements regarding the intent, belief or current expectations of AmeriDream Entertainment Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are based upon current expectations of management and actual results and outcomes may differ materially from those contained in such forward-looking statements in this press release. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include the ability of management to gain approvals from the board of directors of both companies as well as regulatory approvals, unforeseen claims in connection with the intellectual property rights in connection with the Grizzly Adams and Xtreme Mysteries libraries, episodes and related assets, fluctuation of operating results, the ability to compete successfully, the ability to revise forward-looking statements to reflect changed assumptions, and the occurrence of unanticipated events or changes to future operating results. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion