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Big Screen Entertainment Group Launches Shareholder Benefit Program.


HOLLYWOOD -- Big Screen Entertainment Group's (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) 
) 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 has announced the commencement of a program designed to instill in·still
v.
To pour in drop by drop.



instil·lation n.
 increased shareholder confidence, as well as thank its many long-term shareholders. "There are a great many investors who have been with us through good and bad times, and we feel it's our duty to recognize their contribution to BSEG's current success."

To accomplish that, Big Screen Entertainment Group's board of directors has approved and identified the following actions:

Stock Buy Back Program

Big Screen Entertainment Group's board of directors approved a buy back of BSEG stock for a period of at least one year commencing immediately.

Dividend Payments

Big Screen Entertainment Group is also looking into instituting dividend payments in the near future, as the board strongly feels that its shareholders should directly participate in the financial success of the company.

Reporting Company

Big Screen Entertainment Group is currently acting on the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  to become a reporting company and getting all of its records in order. The board feels that such a move will greatly enhance BSEG's long-term value and responsibility to shareholders. "We are working with our SEC counsel and have begun the process," stated BSEG's President David Zappone.

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 and publishing.

BSEG currently has two films completed, two films in post-production and three films in development. Visit our Web site at www.bigscreenent.com for more information on these movies.

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.
 

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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 30, 2006
Words:391
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