Jaguar Investments Acquires Premier Sports Media and Entertainment Group, Inc.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 20, 2001 Jaguar Investments (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :JGUR) announced today that it has completed the acquisition of 100% of the issued and outstanding shares of Premier Sports Media Sports Media, Inc. (SMI) is a Sports Media and Marketing company that produces radio and television programming as well as representing professional athletes. 2002 Cowboys Live - Hosted by Dallas Cowboys Joey Galloway and Entertainment Group, Inc. ("Premier") from the shareholders thereof in exchange for 1,000,000 shares of Jaguar's common stock. After giving effect to such issuance, Jaguar has 12,410,000 shares of common stock outstanding. In connection with the acquisition, Mr. Gregory Ricca was elected as a director and the Chief Executive Officer of Jaguar, and Mr. Ian Rice Ian Rice was a former Melbourne Lord Mayor. He was president of the Carlton Football Club from 1980-1982 after ousting George Harris from the position. He held the record for most catches in his high school and had 1000 Yard season his Junior and Senior Years. resigned as a director and officer of Jaguar. Immediately following the completion of the acquisition of Premier, Mr. Rice, the owner of 10,000,000 shares of Jaguar's common stock, entered into an agreement to sell an aggregate of 9,000,000 of such shares to R & M Capital Partners, Inc. and four of its designees for an aggregate consideration of $20,000. It is expected that such transaction will be completed on or before December 28, 2001 and, upon completion, will result in a change in control of Jaguar. Based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Premier commenced operations in 2001 by acquiring Explosion Promotions, Inc. ("Explosion") and CNB CNB Czech National Bank CNB Centro Nacional de Biotecnologia CNB City National Bank CNB Citizens National Bank CNB Croatian National Bank CNB Chloronitrobenzene CNB Corresponsales No Bancarios (Spanish, Colombia) Sports and Entertainment, Inc. ("CNBE"). Explosion is a boxing promotion company that produces an award-winning boxing talk show. CNBE services entertainment properties by providing a full range of support including capital acquisition, project development and entertainment property management. As wholly owned subsidiaries 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 Premier, Explosion and CNBE combine to create synergies that contribute to each other and to Premier's newly formed business, Premier Publishing, Inc. ("Publishing"). Publishing intends to produce commemorative magazine editions that will center on the unique viewpoint of sports and entertainment icons and will utilize their legendary status to create publications that are instantly collector's items. Premier believes that its personal relationships and professional affiliations will be one of the cornerstones to building a network of sports, media and entertainment personalities that will enhance the marketability of Premier's properties and fuel the growth of its core businesses. More information regarding Premier's business, the risks associated therewith there·with adv. 1. With that, this, or it. 2. In addition to that. 3. Archaic Immediately thereafter. Adv. 1. and financial information will be contained in Jaguar's Current Report on form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. to be filed with the Securities and Exchange Commission in accordance with applicable law. This release contains 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. regarding future events and developments affecting the businesses of Jaguar Investments, Inc. and Premier Sports Media and Entertainment Group, Inc. These statements involve known and unknown risks, uncertainties or other factors, not under the control of the companies, that may affect actual results, performance, achievement or other expectations expressed or implied by these forward-looking statements. |
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