$EMJI: new CEO,Christopher Petzel, continues to cut all ties with former leadership, and its most current PR looks to completely re-brand the company; a move I completely support. I am also excited with Mr. Petzels connections throughout the global entertainment industry. The next few Quarters should be a fun ride as Mr. Petzel continues to reform the company.
Emaji's Board Approves Name Change to Broadside Enterprises, Inc.
IRVINE, CA, Aug. 31, 2016
- Company in final review to complete major corporate acquisition in Entertainment Industry-
IRVINE, CA, Aug. 31, 2016 /PRNewswire/ - Emaji, Inc. (OTC: EMJI), a development stage company (the "Company"), is announcing that the Company's Board of Directors has approved a name change to more fully reflect its business strategies. The Company is changing its name in an effort to rebrand itself to reflect both the recent strategic transformation, new acquisition targets and the new leadership in entertainment and asset building.
The Company has reserved the name "Broadside Enterprises, Inc." with the Division of Corporations of the State of Delaware. It is filing the proposed name change, which remains subject to regulatory approval, with the relevant authorities. The Company also plans to change its ticker symbol, web domain and corporate logo.
"We are renaming the Company to emphasize our commitment to profitable growth and building a globally recognizable brand," said Christopher Petzel, who joined the Company as President and Chief Executive Officer on January 1, 2016.
It plans to grow rapidly through organic growth and corporate acquisitions, the first of which is currently being finalized. The Company anticipates announcing the proposed transaction in September.
To assist its growth strategy, the Company will form an advisory board of high-level industry specialists.
OTC Pink: EMJI
8001 Irvine Center Drive Suite 400
Irvine, CA 92618
Emaji's New President Takes Office as Debt & Share Reduction Continues
Change of Control Completed; Debt Reduced by 91%; Shares Reduced by 21%
IRVINE, CA--(Marketwired - Feb 25, 2016) - Emaji, Inc. (OTC PINK: EMJI) announced today that Christopher Petzel has taken office as President and CEO of Emaji and the Company has completed the change of control. Emaji also announced today that it has reduced its total debt by an additional $1,103,701 and has reduced its outstanding common shares by 1,587,376,006 shares since September 30, 2015.
These are the highlights:
Convertible Notes reduced by 90% from $498,251 as of September 30, 2015 to $50,500 as of December 31, 2015
Short term payables reduced by 50% from $70,250 as of September 30, 2015 to $35,000 as of December 31, 2015
Total Current Liabilities reduced by 91% from $1,212,582 as of September 30, 2015 to $108,881 as of December 31, 2015
Total Outstanding Common Shares reduced by 21% from 7,639,746,087 as of September 30, 2015 to 6,052,370,081 as of December 31, 2015
These steps represent a further significant improvement to Emaji's capital structure and was undertaken with a view to the Company's long-term growth potential.
As announced on April 27, 2015, the company affirms its commitment to (i) not reverse its common stock, and (ii) not issue any new convertible debt.
EMJI Security Details
Market Value1 $1,210,474 a/o Mar 01, 2016
Authorized Shares 10,800,000,000 a/o Feb 10, 2016
Outstanding Shares 6,052,370,081 a/o Feb 10, 2016
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 4,768,898,089 a/o Feb 10, 2016
Par Value 0.00001
Pacific Stock Transfer Co.
Shareholders of Record 179 a/o Feb 10, 2016
Capital Change=shs decreased by 1 for 10 split. Pay date=03/15/1999.
Capital Change=shs decreased by 1 for 400 split. Pay date=10/07/2011.
Short Selling Data
Short Interest 0 (-100%)
Jun 30, 2015
Significant Failures to Deliver No
"$EMJI page 15 of the annual report, relative to 2016 and partnerships. I am very optimistic after reading this.
Common Stock Update As of April 13, 2016, the Company had 6,052,370,081 Common Shares outstanding, i.e. it has not issued any shares since October 19, 2015. In fiscal year 2016, the Company received an investment of $62,500 from Global Media Management Group, LLC, a holding company controlled by Anthony J. Scotti and Benjamin J. Scotti. For this investment, the Company will issue 312,500,000 Common Shares in the second quarter of 2016, i.e. at a price per share of 0.0002. In fiscal year 2016, the Company received an investment of $5,000 and a commitment to invest a further $45,000 from Front Row Filmed Entertainment, LLC, a leading Middle Eastern distributor of film and television. For this investment, once collected in full, the Company will issue 250,000,000 Common Shares, i.e. at a price per share of 0.0002."
Oscar-nominee Bruce Beresford
will direct a $100 million Chinese co-production about an American air raid on Tokyo in 1942, after Japan’s attack on Pearl Harbor drew the United States into World War II, the project’s producer said in Beijing on Thursday.
Plans for The Doolittle Raid—the second film on the revenge aerial bombing announced in recent months—were unveiled by American producer Tony Scotti at a news conference at the Beijing International Film Festival.
Co-productions, once touted as the most effective way for the Hollywood and China to work together, have been slow to navigate the red tape of China’s growing industry, with few getting final state approval to shoot.
But historical epics featuring the U.S. and China fighting side by side against a common enemy, the Japanese, appear to be in favor at a time when relations between Washington and Beijing are being tried in diplomatic, trade, and human rights circles.
The film will be Australia-born Beresford’s second foray into Chinese territory. In 2009, he directed Mao’s Last Dancer
, about famed ballet dancing defector to the United States. In 1989, Driving Miss Daisy,
which he directed,
won the Best Picture Oscar and three others. A video of Beresford acknowledging his involvement in the project was shown at the conference.
A co-production between the state-controlled Central Newsreels and Documentary Film Studio in Beijing and Los Angeles and Paris-based Global Media Management Film Group
, Beresford’s version of the story of the U.S. Army Air Corps Lieutenant Colonel James Doolittle, will focus on the aftermath of the daring April 18, 1942 bombing raid he led on the Japanese capital that resulted in 65 of the 80 airmen under his command crashing in or bailing out over China.