Beverly Hills Film Studios Inc. Announces New Ticker Symbol.Entertainment Editors/Business Editors LOS ANGELES--(BUSINESS WIRE)--March 25, 2004 Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. Film Studios Inc. (previously BVFJ:NQB NQB National Quotation Bureau, Inc (now Pink Sheets) , now BVHJ:NQB) reported that the company recently obtained majority shareholder approval for, and made effective, a 1:100 reverse stock split for all outstanding common shares. As a result of this action, the trading symbol Trading symbol See: Ticker symbol was changed to BVHJ. Company management elected to take this action to reduce the amount of shares outstanding so as to better position the company for additional, new funding opportunities for future projects via equity investment of its public stock. About Beverly Hills Film Studios Beverly Hills Film Studios Inc. is building a significant film library that will generate long-term residual income Residual Income (also called Passive Income) is income earned on an ongoing basis for effort done once in the past. to the company and is a full-service production company with films in different stages of development, production and distribution. Beverly Hills Film Studios personnel have over 75 years of experience in the entertainment industry. Headed by President BJ Davis, Beverly Hills Film Studios has several original projects under current development. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Certain statements contained in this press release are forward-looking statements (as such term is defined in 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 1995) and information relating to the company that is based on the beliefs of the management of the company, as well as assumptions made by and information currently available to the management of the company. |
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