TXEGQ - Theater Xtreme Entertainment Group, Inc.
O/S 19,842,425 (02/02/2007)
A/S 50,000,000 shares
5,000,000 Preferred Stock
Come Home to the Movies (#msg-13357839)
3/31/11 Update ( Shell Play ) Per Robert Cribbs this is a shell company for now, and he will update as the documents per the purchase of Theater Xtreme Entertainment Group, Inc. are finalized.
Theater Xtreme Entertainment Group, Inc.(the “Company”) is a retail store and franchise marketing company engaged in retail sales and distribution through the operation of its home cinema design centers, the sale of franchise stores and wholesale product distribution to franchisees.
The Company’s design centers focus on the sale and installation of affordable large screen front projection in-home cinema rooms comprised of video and audio home theater components. A majority of its home theater systems are installed on-site at customer homes, with screen sizes ranging from 80 inches to over 12 feet. The Company also sells theater seating, interior décor items, accessories and its digital theater management system called OneView™. The Company targets its home theater system marketing toward a larger consumer base than traditional custom home theater companies and focuses on lower retail price points in a store setting where customers can easily and readily encounter the complete home theater experience in a number of home settings.
Retail pricing of the Company’s video systems starts at under $3,000 per system. Video systems employ components from manufacturers such as Infocus®, Klipsch, Polk Audio, Bose, Denon, and Marantz. Not all stores carry all products. A basic home theater system might include a 92” screen, ceiling mounted projector, and cabling, all of which would be installed by the Company at the customer’s choice of location. Video systems are sold as cinema packages and are branded under theater names, such as “The Rialto,” “The Majestic,” “The Palace,” and “The Grand.”
Strategy and Growth Prospects:
StockTrans, Inc. 44 West Lancaster Avenue, Ardmore, PA 19003.
Scott Oglum, Chairman, CEO, Director, 50,
250 Corporate Blvd. Suites E & F
Newark, Delaware 19702
Jim Vincenzo, CFO, Treasurer, 60,
David R. Hludzinksi, Director, 41,
W. James Ludlow, Director, 52,
Justin Schakelman, VP, Secretary, Director, 30,
H. Gregory Silber, Director, 39,
Kenneth D. Warren, President, COO, 47,
Investor Relations Intl.
Haris Tajyar, Managing Partner
(818) 437-7706 cell
SEC Filings: CIK #: 0001089775 http://www.sec.gov/edgar/searchedgar/companysearch.html
OFFICIAL PRESS RELEASE 03/28/11 ( OUT OF BANKRUPTCY )