ENTERTAINMAX Buys Interest in Gateways to Space.ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 4, 1999-- Orlando-based ENTERTAINMAX Inc. announced Monday it has purchased a large block of shares in Gateways to Space (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GWTS GWTS Groundwater Pump-and-Treat-System GWTS Great Wall Travel Service (tourism) ) from the Karabochos family, company founders and major shareholders. "We've purchased this interest in Gateways to Space because we believe in its products and message," said Chuck Weber Weber, river, United States Weber (wē`bər), river, c.125 mi (200 km) long, rising in the Uinta Mts., N central Utah, and flowing north and northwest to join the Ogden River at Ogden. The combined stream flows to the Great Salt Lake. , chairman of ENTERTAINMAX. "We at ENTERTAINMAX feel confident in the future of this company and works yet-to-be produced have potential when presented correctly to the marketplace." Weber said ENTERTAINMAX is in the process of bringing GWTS back into compliance with Securities and Exchange Commission regulations. ENTERTAINMAX was founded to manufacture, publish and distribute music and films. The company owns licensing rights to film classics featuring such stars as John Wayne, Shirley Temple and Abbott and Costello Abbott and Costello (kŏstĕl`ō), American comedy team of William Alexander "Bud" Abbott, 1895–1974, b. Asbury Park, N.J., and Lou Costello, 1906–59, b. Paterson, N.J., as Louis Francis Cristillo. among others. ENTERTAINMAX also holds worldwide rights to music from such artists as Nat King Cole a legendary king of Britain, who is said to have reigned in the third century. See also: King and Frank Sinatra. ENTERTAINMAX is also the parent corporation of eMAX Inc., a multi-level, technology-driven organization founded in 1991 that operates from four groups: eMAX software, eMAX Music, eMAX Video and eMAX Communications. Weber, with his wife Roxanna who serves as chief financial officer, has grown the company and its assets to include a wide range of mediums focusing on the production and global distribution of high-quality family entertainment. |
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