Muhammad Ali Signs Contract With Silver Star Media Group -- to Publish Boxing Great's Collectible Magazine.Business Editors BROOKLYN, N.Y.--(BUSINESS WIRE)--March 20, 2002 Silver Star Foods, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : SSTF SSTF Shortest Seek Time First SSTF Social Security Trust Fund SSTF Space Station Training Facility SSTF Safe Streets Task Force SSTF Starfleet Special Task Force (computer game) ) announced today that its 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. , Silver Star Media Group, Inc., has signed a contract with G.O.A.T., a Muhammad Ali Muhammad Ali, pasha of Egypt Muhammad Ali, 1769?–1849, pasha of Egypt after 1805. He was a common soldier who rose to leadership by his military skill and political acumen. company, to exclusively co-publish the authorized "Muhammad Ali Collectible Magazine." The publication will provide in-depth details of the life and accomplishments of the boxing great. "The Ali Magazine will be available for a limited time only via 1-866 alimag1 and on the Internet at our website www.AliMagazine.com," said SSTF Chief Executive Officer, Michael Trotta. "It also will be available on newsstands in a limited capacity prior to Father's Day." The limited collectors' edition "Muhammad Ali Collectible Magazine" will be priced at $19.95 per copy. Silver Star Media Group will manage the finances of the venture and retain 15% of the net profits after all startup costs are recouped. Mr. Trotta continued, "We are excited about our contract with Muhammad Ali, who authorized all content for the magazine, and will be available for a press conference and reception to promote the magazine. Noted boxing authority Bert Randolph Sugar Bert Randolph Sugar (born June 7 1936 in Washington, D.C.) is a well known boxing writer. Among his trademarks are his ever-present cigar and fedora. Sugar graduated from the University of Maryland and earned a law degree and MBA from the University of Michigan. will serve as Editor In Chief." The "Muhammad Ali Collectible Magazine" will also contain articles written by Bert Sugar, Larry Holmes
Larry Holmes (born November 3, 1949 in Cuthbert, Georgia) is a former world heavyweight boxing champion. , George Foreman George Edward Foreman (born January 10, 1949) is an American two-time World Heavyweight Boxing Champion. He is the oldest man ever to win the heavyweight title, and also has been named one of the 25 greatest fighters of all time by Ring magazine. , and many other boxing greats; illustrations from Bill Gallo Bill Gallo is a famed cartoonist and newspaperman for the New York Daily News. He was born in Manhattan on December 28, 1922. His father was a newspaperman, but died when Gallo was 11 years old. ; paintings by LeRoy Neiman; as well as Muhammad Ali's pick of the TOP TEN HEAVYWEIGHT FIGHTERS and TOP TEN HEAVYWEIGHT CHAMPIONSHIP FIGHTS OF ALL TIME. John C. Meringolo, Publisher of the one-time Collectible, stated, "This magazine is a must have for all memorabilia collectors and Muhammad Ali fans. Moreover, it sets a precedent in the collectible magazine market." "The Ali Magazine is our Media Group's initial entry into the publishing media and entertainment industry," Mr. Trotta added. "It underscores our strategy to diversify our product portfolio, which previously has been directed solely toward the food industry." About SSTF The Silver Star name is one of the 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 area's oldest and most renowned brand names in the frozen pasta industry. Silver Star Foods, Inc., is a distributor and wholesaler of stuffed and other frozen pasta products. The Company is currently focused on expanding its business horizons, which has resulted in this venture and is aggressively seeking additional business opportunities across a wide spectrum of possibilities. This release contains certain "forward looking statements" 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. Those statements can be identified by the use of terminology such as "may," "will," "should," "could," "expects," "plans," and "intends." The Company's actual results may differ materially from those projected in these statements, and factors that could cause such differences include: downturns in economies; changes in consumer reading, purchasing or television viewing; unanticipated increases in paper, postage or printing costs; technology differences affecting methods of distribution such as the Internet; and operational problems at any of our contractual business partners. Additional future events and the future performance of the Company involve risks and uncertainties that could cause actual results to differ materially. These risks are described in further detail in the Company's reports filed with the Securities and Exchange Commission, accessible through their website at www.sec.gov. The Company is under no obligation to update any forward looking statements after the date of this release. |
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