Silver Screens Studios: Restructuring to Address Capital Structure with NOBO Evaluation
2006-10-03 10:34 ET - News Release
Global 1 Funds Develops Reg. E Business Development Companies for Mergers and Acquisitions and Share Support
ATLANTA -- (Business Wire)
Silver Screen Studios, Inc. (OTCBB: SSSU)
www.silverscreenstudiogroup.com, http://finance.yahoo.com/q?s=SSSU.OB,
Traders Nation, www.tradersnation.com/sssu.shtml, Global 1 Realty
Corporation, www.1global1realty.com, forms venture capital private
equity investment funds for acquisitions of companies, financing of
investments in other entities, and files to do business as Silver
Screen Holdings to reflect our new business model.
Restructuring of Capital Structure:
Our management feels there is a significant failure to deliver
position in our stock and the NOBO list will identify the extent of
the position. To protect our shareholders we are developing the share
exchange program with one of the Reg. E Funds that will place an
estimated value of $.10 to $.25 on the shares of SSSU.
Business Combination
We have a strategy to increase the book value of SSSU and enter
into a business combination via Form S-4. Once the business
combination is completed we expect the combined business to trade at
the value of the combined entity. More details will be forthcoming
regarding the share exchange program.
Shareholder Benefits and Dividend Distribution:
We have developed the dividend program with one of the Reg. E.
Funds. Each Reg. E fund can raise up to $5.0 million per year exempt
from registration. The family of funds we are developing will assists
SSSU in support of its restructuring and will immediately fund the
real estate and entertainment business units. We have developed our
business model to fund and develop new high growth companies.
About Global 1 Investment Corporation:
The family of funds we construct will have equity, fixed income,
real estate securities, mortgages, affordable housing and commercial
assets as investment opportunities for different classes of investors.
Disclaimer: The below disclaimer is incorporated by reference as
if fully set forth herein this as well as all media releases on SSS
behalf. The statements contained in this released are forward looking
and may or may not occur due to forces beyond the company's control.
Contacts:
Silver Screen Studios, Inc., Atlanta
Barry Thomas, 404-255-0400
sssu@mindspring.com
Source: Silver Screen Studios, Inc.
|
