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IT DOES take a while to CALL in an order lol, only a few brokers dont have online restrictions..
actually you are right, at midday, i will contact james, because they ARE suppose to be filming in Canada, and in Canada they PAY YOU to film there... As soon as they wake up on the west coast I will ask James what the budget is, but this $800K is HUGE, product placement! OBVIOUSLY someone wants IN BADLY enough to GIVE them $800k!!! GREAT NEWS IMO
Imperia Secures $800,000 Worth of Non Equity Financing for Feature Film, ``Never Submit''
2006-12-14 09:45 ET - News Release
Also News Release (U-MUME) MULLER MEDIA NEW
BEVERLY HILLS, Calif. -- (Business Wire)
Imperia Entertainment, Inc. (Pink Sheets:IPEI) Chairman Kenneth Eade announced today that the company has secured financing for $800,000 of the budget of “Never Submit” that does not involve stock sales or a percentage of equity of the film. The financing package is a combination of product placement and $500,000 in state cash rebates. “This financing is important because it eliminates the need to sell preferred stock, which would normally be sold and which will dilute our outstanding shares,” said Kenneth Eade, Chairman and Executive Producer. “It also allows the company to retain a higher percentage of equity in what management believes will be its most profitable film,” he added. “With pay per views reaching up to $30 million in sales and subsequent DVD sales for mixed martial arts climbing,” it is a plus for the company to engage in this type of financing, said James Hergott, company president.
ABOUT "NEVER SUBMIT"
"Never Submit" is an inspirational tale similar to "Rocky," but the lead character is an intelligent young man (as are most fighters competing in this sport) rather than a beaten-down punch-drunk fighter. An amazing cast of characters will round out this film; each from different walks of life; each with his own set of circumstances and motivating factors driving him to be the best. Never Submit is a metaphor describing the way these athletes live their lives. Imperia will cast a combination of name actors and champion fighters for “Never Submit.”
Imperia Entertainment recently announced a partnership with TapouT Magazine (www.tapoutmagazine.com) as part of a cross-country tour to promote the publication as well as the movie. Stops at select dojos to hold auditions for "Never Submit" are being finalized. TapouT Magazine readers can expect to see the mixed martial arts movie prominently featured in the bi-monthly publication throughout the casting, filming and theatrical release stages, as well as enjoy behind the scenes details from "Never Submit" director James Hergott, one of TapouT Magazine's newest contributors.
ABOUT IMPERIA ENTERTAINMENT
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a company that has emerged as a player in the area of independent film production and distribution, once monopolized by the major film studios. In conjunction with its distribution subsidiary, Imperia International Distribution, the company engages in investing in and producing and distributing full-length feature films. Along with its equity interest in "All That I Need" (www.allthatineed.net), released in theaters last December, and now being marketed at the American Film Market (AFM) for DVD distribution, Imperia's film properties include its feature film, "Say It In Russian" (www.sayitinrussianmovie.com), starring Faye Dunaway and Agata Gotova, "Brothers," by Tarquin Gotch ("Home Alone"), "Whiskers," a family film, made by Imperia's subsidiary, Muller Media, Inc. (Pink Sheets:MUME), and the award-winning "Autograph" television series (www.autograph.tv), which airs on the OlympuSAT system.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Imperia Entertainment, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contacts:
Imperia Entertainment, Inc.
James Hergott, 310-275-0089
or
Vivian Fullerlove, 972-562-0616 (Public Relations)
Source: Imperia Entertainment, Inc
it SHOULD do, the film i think has a budget of $3Million, and they just got $800k of that WITHOUT selling SHARES??? I would have to say so
there ya go, thats some great news, $800k with NO dilution from it!!! NICE
look at these bastards now NITE x NITE .075 x .08 thats unethical
we NEED a bloody(the british comin out of me)PR with some BALLZ.
If i was a MM, i would be shorting the piss out of this stock! why not.. UNBLOODYBELIEVEABLE!!!
the pr yesterday obviously didnt do anything to them, i think it enticed them to short more if anything... until we get something good come thru the wires, they will probably short.. imo
what they need to do is drop a BOMB of a PR with so much meat to feast for the rest of this year, and it if is shorts, this thing would fly
if i would have know the pps would be here, i would have shorted the piss outta this stock, i dont live in the USA, nor am i bound by the SEC :D oh well!
okay, if you say so, however, check it out, go back and look what the pps was when they started the financing for SIIR.. then, convert that PPS with the R/S and you will know where abouts they own it, and i GUARANTEE you its MUCH HIGHER than HERE..
this is from James,
Matt,
It is short selling.. NOT me selling shares.. not ken selling shares.. not company selling shares... not restricted shares coming up.. it is short selling..... AND for people like this
http://www.investorshub.com/boards/read_msg.asp?message_id=15529428
Why don't they just ask me questions instead of acting like I don't answer questions? I answer all questions for those who have the guts to write me instead of just complaining on a message board.. How is a question supposed to be answered if it is not asked?
James
Ken, James, nor the Company are selling shares, Shorts are killin us!
funny thing is, i bought in at .15 and im now down 40% and will not average down until this thing starts heading back north.. no point on continuing to avg. down .. unbelieveable!
where the HELL is Santa with my presents!!?? lol
this is some SERIOUS BS
gettin a bit ridiculous
yes, pretty sad that a 5k trade would knock that off, then another 5k knock off one of the .10 bidders
how funny is that, 5 on the bid at .10 then JEFF jumps all of them at .105
the problem is that you thought PREFERRED shares are RESTRICTED, preferred shares are allowed to be converted at any time!
i didnt know the restrictions were off! lol arent they still on at ameritrade and scott?
sell all you want, if the ship is sinking, i will be like the captain and go down with it. everyone can say what they will as it is their right to, but i still believe this company will greatly succeed.
HERE IS A LETTER FROM KEN:
Dear Matt,
It appears to me that the IHUB board is again turning into a board for bashers. I am not going to waste time looking at it anymore from time to time. I appreciate your enthusiasm, but I simply cannot answer any more questions from shareholders who go onto the boards and twist my words, and this is not against you because I know you have not done it, but people like Andreas have. We are trying to build a multi million dollar company here. I think we have a gold mine in Never Submit and that SIIR is going to make a lot of money. Our other film projects are in full gear and of course we are selling units of restricted stock and equity in the films to finance them. How else would we do it? That has always been our financing plan. We are building shareholder value, not bringing it down and nothing we have done is making the market act the way it acted this past week. James and I have always been open and honest and transparent with shareholders, not because we think the IHUB or other boards have any influence on the market (they don't and that would not be a proper reason) but because we wanted to establish a good relationship with our shareholders and keep them informed. If nobody wants to enjoy the benefit of what we are building I wish they would sell their shares. We don't need any rotten apples in our barrel. This is not a crap little pink sheet company like so many of those other crap companies on the pink sheets. We are making quality films that can compete with studio films. We are doing the IMPOSSIBLE! Plans change, you know, and have to adapt to current opportunities. Nobody but us realizes the value of the current opportunity. And we could use support from our shareholders instead of a stab in the back.
Sincerely,
Ken
Check out my new feature film, Say it in Russian: http://www.imdb.com/title/tt0386693/
glad to see everyone in such a good mood lol, who is here today??
take care then, have a great weekend!
SIIR wasnt accepted into Sundance, that came out Nov. 29, doesnt matter though, Sundance is more of an "art film" festival. The Berlin Film Festival is the one for us, Ken told me regardless if we get accepted to it we will be screening there.
what did joro have to say? lol
nice 7am lol, its 2pm here, did you get any good emails lately?
who is here today?
hansolo, have a great weekend ;)
where ever the price goes, im buying, you bashers will tuck your tails and run
good luck, those 2 market makers at .14 are just for show
i will say this much, when i discovered what i did, this was james response to what i said earlier, take it however you may...
better hold off ...a lot of things are happening...
just hang tight, help is on the way ;)
THATS THE SPIRIT!!! I FEEL YOUR PAIN FASTER
those are from prefered from SIIR financing that were converted, Ken said that in the interview
thats exactly what the MMS want you to do
no one will sell me any :(
and im trying to get some more right here :D
give'm your shares at .12, go on.. you will wish you didn't very soon, ;)
honestly, when some PR's hit, with the meat i believe will be on them.. haha, this brokers are gonna $hit themselves