American Pacific Financial Services Announces Exciting New Future.LOS ANGELES--(BUSINESS WIRE)--July 20, 1999-- The Board of Directors of American Pacific Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:AMPA AMPA Alpha-Amino-3-Hydroxy-5-Methyl-4-Isoxazole Propionic Acid AMPA A-Amino-3-Hydroxy-5-Methyl-4-Isoxazolepropionic Acid AMPA Agricultural Marketing Programs Act (Canada) AMPA American Medical Publishers Association ) announced that an agreement has been executed whereby the corporation has acquired the rights to a number of feature films in various stages of pre-production and an amount of working capital in exchange for 90% of the stock of the corporation. The agreement requires that the name of the corporation be changed to FilmWorld Inc., and that the basic business of the corporation will be to develop, produce and market quality feature films for theatrical release worldwide using the new corporate executives' profound knowledge of the business to bring to the shareholders an exciting future in entertainment. New management of the corporation consists of Menahem Golan Menahem Golan (Hebrew: מנחם גולן) (born Menahem Globus , who will serve as chairman of the board, and John Daly John Daly is the name of:
Mark Tolner, an entrepreneur with extensive international corporate experience, will serve as chief executive officer and chief financial officer, and Alexander H. Walker Jr. will serve as secretary and General Counsel to the corporation. Statements made in this news release that state the company's or management's intentions, beliefs, expectations, or predictions for the future 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. . It is important to note that the company's actual results could differ materially from those projected in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the company's filings with the U.S. Securities and Exchange Commission (SEC). Copies of these filings may be obtained by contacting the company or the SEC. |
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