Bruce Willis and Family Room Entertainment Go the Distance in ``16 Blocks''.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. -- Emmett/Furla Films, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Family Room Entertainment Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FMLY FMLY Formerly ), in conjunction with Millennium Films and Equity Pictures, announced on March 8th that Bruce Willis has signed on to star in "16 BLOCKS" for director Richard Donner ("LEATHAL WEAPON" & "MAVERICK"). The picture is scheduled to begin filming in Toronto and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of in late summer. This follows Family Room's announcement on February 25, 2005, that it had been diligently developing and packaging new projects to announce in the near future; "16 BLOCKS" is the second of those projects to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. . The first of these projects was Neil LaBute's ("IN THE COMPANY OF MEN" & "NURSE BETTY") remake of the UK cult-horror pic "THE WICKER MAN" starring Nicolas Cage. Based on a screenplay written by Richard Wenk, "16 BLOCKS" follows Jack Mosley (BRUCE WILLIS), an aging cop assigned the mundane task of escorting a fast-talking, wise-cracking young witness to the courthouse sixteen city blocks away, and the action-packed thrill-ride that takes place in those "sixteen blocks." Co-chairmen Randall Emmett and George Furla stated: "We are excited to be working with the strong creative talents of Dick and Bruce. We believe that `16 BLOCKS' is a high-concept picture with commercial appeal and, with the elements assembled, solid potential." As follow-up to last week's announcement, Family Room Entertainment would also like to re-cap its projects. The following projects are in active production or are slated to be in active production during fourth quarter of fiscal 2005 and the first quarter of fiscal 2006: --"LONELY HEARTS," starring John Travolta and James Gandofini, is set to begin principal photography on March 24, 2005; --"MERCENARY," starring Steven Seagal, is set to begin filming on April 4, 2005; and --"THE CONTRACT," starring John Cusack and recent Academy Award winner Morgan Freeman with Academy Award Nominee Bruce Beresford directing, is set to begin principal photography on July 5, 2005. --"THE WICKER MAN," starring Nicolas Cage for writer/director Neil LaBute, is slated to begin filming in mid-July. The following projects have completed principal photography and are currently in post-production: --"EDISON," starring recent Academy Award winner Morgan Freeman, LL Cool J, Justin Timberlake and Kevin Spacey spac·ey adj. Slang Variant of spacy. Adj. 1. spacey - stupefied by (or as if by) some narcotic drug spaced-out, spacy unconventional - not conventional or conformist; "unconventional life styles" ; --"THE TENANTS," starring Dylan McDermott and Snoop Doggy Dogg; --"TODAY YOU DIE," starring Steven Seagal; --"SUBMERGED," starring Steven Seagal; and --"THE WIDOW'S LOVER," starring Willem Dafoe. The following projects are currently in theaters or have announced release dates from their domestic distributor: --"THE AMITYVILLE HORROR" is slated to be released on April 15, 2005; and --"LOVE SONG FOR BOBBY LONG," starring John Travolta and three time Golden Globe Nominee, Scarlett Johansson, is currently in theaters. Family Room, through its various subsidiaries, is in active development in conjunction with third parties on the following projects: --"MICRONAUTS," which is based on the 1970s and 80s toy line and featured in almost 200 Marvel Comics issues; --"ROOM SERVICE," based on the novel by Beverly Brandt and starring Jessica Simpson; and The project "88 MINUTES" has been delayed pending a new start date. About Family Room Entertainment Family Room Entertainment Corporation, with its subsidiaries, Emmett Furla Films Productions ("EFFP EFFP English Farming and Food Partnerships (UK) "), Emmett Furla Films Distribution ("EFFD EFFD Environmental and Facilities - Fire Detection ") and EFF (Electronic Frontier Foundation, San Francisco, CA, www.eff.org) A non-profit civil liberties organization founded in 1990 by Mitchell Kapor and John Perry Barlow. It works in the public interest to protect privacy and freedom of expression in the arenas of computers and the Internet. Independent (EFFI EFFI Electronic Frontier Finland "), is a publicly held company trading on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board under the symbol "FMLY." Family Room Entertainment develops, produces and performs production related services for the entertainment industry. Family Room Entertainment's goal, through EFFI and EFFP, is to facilitate relationships (and as such, provide production related services) between creative talent (including writers, actors and directors) and companies who produce, finance and distribute motion pictures. FMLY derives its income from producer fees, production consulting and service fees and royalties as well as its participation in the profits of the various pictures it produces. The FMLY co-founders, Randall Emmett and George Furla, believe that they have the expertise and contacts within the entertainment industry, specifically in the competitive development, production and distribution arenas, to profitably acquire content, package product by adding value to the content with top quality talent and arrange with third parties to produce and finance motion pictures which are in the moderate to higher level budgets, which can be distributed by those with the expertise to effectively do so to a mass worldwide audience. However, there is no assurance that any motion picture, which has not yet been released, will be released, that a change in the scheduled release dates of any such films will not occur or, if such motion picture is released, it will be successful. For more information on Family Room Entertainment, please visit: www.stockprofit.com Forward-Looking Statement 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. : 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. : Statements contained in this news release that are not historical facts, are forward-looking statements as 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. Such forward-looking statements are subject to risks and uncertainties, which could cause results to differ materially from those projected. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks. |
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