Blagman Media International Inc. Acquires Right to Buy Majority Interest in WellWorld Group, Ltd. for Cash and Stock.Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Sept. 18, 2001 Establishes Neutraceutical Division for Entertainment, Sports and Fitness Industries Robert Blagman, Chairman and Chief Executive Officer of Blagman Media International, Inc. (BMII:OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ), announced today the Company has acquired the right to purchase fifty-one percent (51%) of WellWorld Group, Ltd. for a combination of cash and stock. Oct. 15, 2001 is the targeted closing date, subject to 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. and a definitive purchase agreement. WellWorld Group, Ltd. is a medical consortium of doctors and research physicians who have united in the mission to locate and acquire equity interests in Neutraceuticals or health promoting products and services. WellWorld together with BMII will also be developing directly and through third parties private labeling products for entertainment, sports and fitness. Dr. Marcus Laux, WellWorld Spokesperson, is a world-renowned educator, author, clinical professor, frequent medical expert for CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. and Fox News and pioneer of integrated medicine as well as neutraceutical formulation formulation /for·mu·la·tion/ (for?mu-la´shun) the act or product of formulating. American Law Institute Formulation and development of modern applications of traditional medicines. Dr. Laux stated, "BMII's investment in WellWorld will enable us to investigate and pursue additional opportunities to acquire other medical and fitness-related companies. Robert Blagman's proven ability to merchandise product directly to consumers is a major factor in our association. Healthcare and longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. are the two most active physical and intellectual pursuits of people worldwide today." Blagman said, "BMII sees a unique opportunity, based on its technological ability to analyze and take advantage of national trends, to start a neutraceuticals-based wellness division in-house. Our acquisition of WellWorld will jumpstart our medical division immediately and represents a substantial revenue stream that can exceed $5 million in its first year from production and private labeling for point-of-purchase sale and distribution to consumers and the health and fitness industry." Robert Blagman and Dr. Marcus Laux on behalf of BMII and WellWorld Group, offer deep thoughts and prayers to the victims and families who have been affected by the tragic events that struck the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . We also salute the Firefighters, Police, Emergency Workers, FBI and volunteers who have spent the past week strengthening democracy. Warm wishes go out to The May Davis Group -- our partners and friends! Blagman Media International, Inc. is located at 1901 Avenue of the Stars, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA 90067. Information regarding the above announcement is available through the Blagman Media International, Inc. info line: 310/991-2252. The Foregoing release may contain 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. . For this purpose any statements contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing words such as, "may," "will," "expect," "believe," "anticipate," "estimate," or "continue," or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending on a variety of factors. |
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