Big Screen Entertainment Completes Financing for New Movie.HOLLYWOOD -- Big Screen Entertainment Group (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BSEG BSEG Big Screen Entertainment Group BSEG Bit Segment (assembly language directive) BSEG Big Stuff-Eating Grin (polite form) ) has begun pre-production on its new movie, "Babysitter babysitter A person, often an intelligent family member, who stays by the bedside of a Pt requiring mechanical ventilation, and guards for equipment malfunctions or other problems Wanted." Casting sessions are currently underway at the company's Hollywood offices. The full list of attached stars will be announced over the next several weeks to our shareholders. "Funding for the film has been completed through a private equity group. Despite having the ability, as a public traded company to raise capital through the sale of our stock, current management has elected not to do so," said BSEG 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. Kimberley Kates. "When you have this strong a script finding financing isn't difficult." "In addition to the funding being finalized for 'Babysitter Wanted,' we are also working with a private equity group on raising a large amount of capital for a film fund to finance a slate of BSEG films," stated David Zappone, BSEG's President. This will be the first of several films in the horror/thriller genre for Big Screen Entertainment. "Smart horror pictures have strong track records and generally are commercially viable," said Zappone. Examples of films in the genre that performed well were Lion's Gate's "Saw," made for $1.2 million and grossed $110mil worldwide, "Wolf Creek Wolf Creek may refer to several places in the United States: Cities
The MMOG (Massively Multiuser Online Game) A game on the computer played by many people. Also called "massively multiplayer online" (MMO), an MMOG differs from a regular multiplayer game because its environment is perpetual. (Massively Multiplayer Online Game “MMO” redirects here. For other uses, see MMO (disambiguation). Massively multiplayer online game (also called MMOG or simply MMO) is a computer game which is capable of supporting hundreds or thousands of players simultaneously. ) based loosely on "Babysitter Wanted" is also being developed and is 85% complete. The Alpha version Software that has just been compiled and ready for its initial test inhouse. See alpha test, beta test and release candidate. is scheduled for testing in the next 4 months. BSEG's co-production "Dirty Love" starring Jenny McCarthy and Carmen Electra is currently playing on Showtime and can be rented at Blockbuster, Hollywood Video, 20/20, purchased through Amazon.com, Best Buy or Walmart. BSEG also has two films in the final stages of post-production the Kelly LeBrock, Thaao Penghlis murder mystery, "The Mirror" and Lightfield Lewis' "Lightfield's Home Videos" starring Juliette Lewis, Giovanni Ribissi, Cuba Gooding, Jr., Beck, Leah Remini and a cast of hundreds. Both films are set to enter the festival circuit later this year. About the Company: Big Screen Entertainment Group (BSEG) is a full service entertainment company designed to develop, produce, purchase, exhibit and distribute products in all media formats, including motion pictures, television, music, publishing, video games and cell phone content. BSEG currently has two films completed, two films in post-production one film in pre-production and four films in development. Visit our website at www.bigscreenent.com for more information on these movies and other projects. Forward-Looking Statements: A number of statements contained in this press release are forward-looking statements that are made pursuant to the 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. provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. When used in this press release, words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward looking statements. Although Big Screen Entertainment Group believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. |
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