Silver Screen Studios: Financing and Business Plan Update.Entertainment Editors/Business Editors ATLANTA--(BUSINESS WIRE)--Oct. 27, 2003 Silver Screen Studios, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSSU SSSU Storage System Scripting Utility SSSU Submarine Squadron Support Unit (US Navy) SSSU Sri Sathya Sai University, (Prasanthilayam, India) ), www.silverscreenstudiogroup.com, updates it business and financing plan. Reorganization Completed During the month of September we completely reorganized re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. the company. The reorganization included a new symbol, SSSU, a new CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. , a new state of incorporation, Georgia, and a new focus, the entertainment industry. Our balance sheet is clean and we currently have no long term debt. Business Focus Our current business focus is the $75 billion entertainment industry. Our business plan is to become a leader in the content creation and distribution business with emphasis on the creation and production of visual and audio content for our distribution channels. Project Financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. Our immediate attention is the acquisition of the intellectual property that will serve as the collateral for our innovative financing structure using Asset Backed Securities (ABS). Our first book, Heirs to Murder, is nearing completion of the proofing and editing process. Once completed we will publish this novel and securitize Securitize The practice of a company selling accounts receivables or other debts owed to it. The third party that buys the debt assumes ownership of it and the responsibility for collecting the debts, and keeps the repayments when made. the revenues from the various income streams, and use the cash-flow to create the motion picture and television series if warranted. Publishing Operations SSSG SSSG Super Sneaky Spy Guy (Point and Click game) SSSG Space Systems Support Group (US Air Force) Magazine will launch in January 2004 as a means to market and brand our internal properties, and to create the intellectual property, i.e., advertising pages, for inclusion into the ABS financing structure. SSSG Magazine will launch with 30 full pages of advertising. We estimate, based on the demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. we are targeting, the costs of a full page advertisement to retail for $7500 per page. Television Group We are currently in the process of establishing a television production group for the creation of programming for the purpose of securitizing the cash-flow resulting from the commercials contained in the content. The financial potential of television programming is determined by its clearance into a regional or national syndication pattern. Each 60 minute show contains 27 commercials, and 24 shows per season yields 648 commercials for each market the programming is cleared into. The statements contained in this release are forward looking and may or may not occur. This is not a recommendation to buy or sell stock and we do not express any opinion as to whether a person should buy or sell stock based on this release. This release is for informational purposes only. |
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