Select Media Communications Files Form 10 QSB for Period Ending March 31, 2002.Business Editors NEW YORK--(BUSINESS WIRE)--June 12, 2002 Select Media Communications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SMTVE) (OTCBB:SMTV SMTV Saturday Morning Television (UK) ) announced today that it has filed the FORM 10 QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound for the period ending March 31, 2002. This filing is within 30 days of the due date of May 20, 2002. Upon this filing within the time period, Select Media will request that the "E" designation now placed on its trading symbol Trading symbol See: Ticker symbol be dropped. The Company expects the "E" designation to be dropped in two business days. Select Media is a public company trading on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB under the symbol SMTV. About Select Media Communications, Inc. Select Media Communications, Inc. is a New York corporation whose common stock is currently traded on the over-the-counter Bulletin Board under the symbol "SMTV." The Company has been reconstituted as a holding Company to acquire content providers and production and post-production houses as a vertically integrated provider and distributor of programming and high-quality recorded music through traditional media and new medium of the Internet. The Company currently has the capabilities in short and long form television, radio, video production and post production, audio production and services, the resourcing of talent and marketing of new music, the production, acquisition, licensing and distribution of high-quality recorded music, and the development and licensing of special projects, both video and audio with associated merchandising. About ANTRA an·tra n. Plural of antrum. Holdings Group, Inc. On November 29, 2001, Select Media Communications, Inc. announced that the Company reached an agreement in principle with 90 percent of the shareholders of ANTRA Holdings Group (Pink Sheets:RECD RECD Received RECD Real-Ear-to-Coupler Difference (audiology) RECD Real Estate and Construction Division (IBM) ) to exchange 2,750,000 shares of restricted Select Media common stock for the exchange of all of the outstanding shares of ANTRA Holdings Group. Headquartered in Philadelphia, ANTRA Holdings Group owns and operates a full service record and publishing company focused on the resourcing of talent and marketing of new music together with the production, acquisition, licensing, publishing and distribution of high-quality recorded music in the musical genres of Urban Music - which includes Urban/Rap/Hip-Hop and Rhythm and Blues rhythm and blues (R&B) Any of several closely related musical styles developed by African American artists. The various styles were based on a mingling of European influences with jazz rhythms and tonal inflections, particularly syncopation and the flatted blues chords. , with some interest in Rock and Pop. Its primary artists are Kurupt, Spooks, and Crush. "Safe Harbor" Statement Under 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 This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements that include the words "believe," "intend," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Select Media Communications, Inc. to differ materially from those implied or expressed by such forward-looking statements. Select Media Communications, Inc. advises to review all subsequent reports filed with the Securities and Exchange Commission under the Exchange Act. The Company undertakes no obligation to publicly update or revise any forward-looking statements, facts, events or circumstances that may bear upon this press release. |
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