Burt Reynolds and Raquel Welch Film ''Forget About It'' Settles Legal Disputes.HOLLYWOOD -- Big Screen Entertainment (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) ) announces a resolution has been reached with Michael Paloma and Red Rock Entertainment regarding the feature film, "Forget About It." BSEG and Red Rock have now resolved all legal disputes involving both companies. Founder and former 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. , Producer/Director BJ Davis, has worked close with BSEG President Kimberley Kates to stabilize the company for its investors and film properties. Davis stated, "Since all legal disputes have now been resolved, 'Forget About It' is now unfettered and ready for worldwide release." "Forget About It," a feature film starring Academy Award nominee Burt Reynolds Burt Reynolds (born February 11, 1936) is an Oscar-nominated Emmy Award-winning American actor. Some of his memorable roles include Lewis Medlock in Deliverance, Paul Crewe in the original version of The Longest Yard, Bo 'Bandit' Darville in and Raquel Welch Jo Raquel Tejada (born September 5 1940), best known by her stage name Raquel Welch, is an American actress who reached fame during the 1960s. Early life , reuniting the two stars after a thirty year hiatus, has been likened to "Grumpy Old Men" and "Analyze This." "Grumpy Old Men" grossed $200 million worldwide, while "Analyze This" did $177 million in sales. Davis stated, "I expect 'Forget About It' to be a strong competitor in all media markets and has an unlimited potential for being a box office success." Burt Reynolds' recent success with Paramount Studios' "The Longest Yard" and the highly anticipated, "Dukes of Hazzard" will highlight the September 2005 release of "Forget About It." CEO Kates commented, "Our sole focus now is the delivery of film and television productions as commercial properties that will solidify the growth, development and viability of BSEG." BSEG is preparing for the American Film Market in November, where the company will sell and exhibit its production lineup which includes the supernatural thriller, "Angel's Blood," and "Tow Truck" from the horror genre, a thrilling murder mystery entitled "The Mirror" and the pulp, crime drama, "Tool Girls." Other completed BSEG projects slated for 2005 release are the films "Dirty Love" co-produced with DoubleDown Entertainment and "Lightfield's Home Video" with Giovanni Ribisi Antonino Giovanni Ribisi (born December 17, 1974) is an American actor. Biography Early life Ribisi, who is Sicilian-American, was born in Los Angeles, California to Gay Landrum, a talent agent, and Albert Ribisi, a musician. , Cuba Gooding, Jr. and Juliette Lewis. About Big Screen BSEG is a full service entertainment company designed to develop, produce, purchase, and exhibit products in all media formats, including motion pictures, television, music and publishing. 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. Statement under the 1995 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 : Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. |
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