Blue Moon Group Inc. Announces LOI With New Model Holdings, LLC.Entertainment Editors NEW YORK--(BUSINESS WIRE)--May 18, 2004 Blue Moon Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BMOO) announced today it has signed an LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items to acquire 100% of New Model Holdings, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control for an undisclosed amount. The transaction will consist of some of the industry's top management in film, TV and music joining the Blue Moon Group Board of Directors. Chairman and 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. Michael Muzio stated, "We are on the fast track and should close the transaction by month end." This deal will have explosive results for Blue Moon shareholders and will spotlight Blue Moon Group with some national attention in the entertainment and music industry. Blue Moon Group previously announced it had acquired Platinum Hill Records and its recording studio with an estimated $4 million value in property and equipment. Also this month Blue Moon Group signed Maurice Mahon, who had placed first among 1,000 entries in the latest "Chicago Idol." Maurice has recently worked with R.Kelly. About Platinum Hill Records: Anthony Syrous Milani - CEO - Mr. Milani has worked for Acquisition Consulting Group as one of the top investment bankers Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. in the insurance industry for close to a decade. As an M&A intermediary, he has been responsible for over $700 million in acquisitions. Rich Nice - Head of A&R - Mr. Nice, along with Niahal (Flipper) Hope, has been instrumental in the careers of top names in the music industry such as Wyclef Jean, Lauryn Hill, Mary J. Blige, K - Solo, Raekwon, Jus-Ice, Allure and many other new and upcoming artists. Mr. Nice has also freelanced for major record labels such as Capital Records, Loud Records, Columbia Records For the Columbia Records label which was a unit of EMI, see . For the Columbia Records label in Japan, see . Columbia Records is the oldest surviving brand name in recorded sound, dating back to 1888, and was the first record company to produce pre-recorded records as , Columbia Sony, Solar Records S.O.L.A.R. Records (acronym for Sounds of Los Angeles Records) was an American record label founded in 1977 by Dick Griffey, a few years after having created the "Soul Train Records" label with Soul Train television show host and creator Don Cornelius. and Def Jam Records. About Maurice Mahon: Maurice Mahon, a Chicago native, has been singing and competing in talent contests for several years. "Closer To You," a song written and produced by R.Kelly for Maurice, has debuted on the Billboard Hot R&B/Hip Hop Singles and Tracks chart at No. 69. About R.Kelly: R.Kelly, known in the industry for his ingenious street lyrics, is currently the industry's most sought after songwriter, performer and producer. Emerging in 1992 with his debut album, Born Into The 90's, R.Kelly began to build what is now a legacy of talent and multi-platinum hits. About Blue Moon Group: Blue Moon Group is a holding company with subsidiaries providing services to the music, entertainment and film industries. It is an emerging music and entertainment company engaged in the development, production and distribution of various types of music including pop, rock, R&B, hip hop hip-hop or hip hop n. 1. A popular urban youth culture, closely associated with rap music and with the style and fashions of African-American inner-city residents. 2. Rap music. adj. , dance and country. Blue Moon is managed by a group of leading artists and producers who bring years of experience, having been involved with influential recording artists in the music industry. Blue Moon Group has recently signed a music distribution deal with Brody/Sony Red. Statements regarding financial matters in this press release other than historical facts 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. " within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that 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. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results. |
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