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ILC, .24 iLinc Selected by CitiStreet
Monday September 12, 8:30 am ET
Citigroup / State Street Venture Moves From Web Conferencing Service to Software
PHOENIX, Sept. 12 /PRNewswire-FirstCall/ -- iLinc Communications, Inc. (Amex: ILC - News), developers of Web conferencing software and audio conferencing solutions, announced a new contract with CitiStreet, LLC. The company has migrated from a Web conferencing ASP service to a purchased Web conferencing software solution from iLinc, enabling CitiStreet to take advantage of a one-time fee for unlimited Web conferencing.
ADVERTISEMENT
CitiStreet, a 50/50 joint venture between State Street Corp. and Citigroup, is one of the largest global benefits delivery firms in the United States. Headquartered in Quincy, Massachusetts, CitiStreet serves more than 9 million participants and administers approximately $215 billion in assets in the United States. CitiStreet has selected iLinc Web conferencing for their training initiatives to support call center sites in Florida, Maine, and Massachusetts.
"We appreciate the instructional capabilities built into iLinc for both scheduled online training sessions as well as just-in-time training sessions," said Cathy Furia, senior training manager at CitiStreet. "And, the purchased software licensing model that iLinc offers gives us the ability to reach a very large number of agents without incurring recurring fees. Owning a Web conferencing capability instead of leasing it on a yearly or monthly basis makes great economic sense for us."
"As Web conferencing usage within any organization grows, purchasable software solutions become attractive because they offer important benefits such as: higher ROI, better control, security, better integration with existing applications, and unlimited usage," noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. "Many organizations, such as CitiStreet, choose iLinc's hosted software purchase option which enables a company to buy their Web conferencing software and host it at the iLinc co-location facility. The result is that these organizations enjoy the savings of a one-time purchase fee for unlimited Web conferencing without involving their IT resources."
About iLinc Communications, Inc.
iLinc Communications, Inc. is a leading developer of Web conferencing software and audio (phone) conferencing services for highly secure and cost-effective collaborative meetings, presentations, and training sessions. The Company enables customers to purchase and own iLinc Web conferencing software, which can be installed inside of a customer's network or hosted by iLinc. Our products and services include the iLinc Suite of Web Conferencing software (MeetingLinc, LearnLinc, ConferenceLinc, and SupportLinc); Audio Conferencing Services; On-Demand Conferencing; and EventPlus, a service for professionally managed online and audio conferencing events. iLinc's products and services are used by organizations worldwide in sales, HR and training, marketing, and customer support. More information about the Phoenix-based company may be found on the Web at www.ilinc.com.
iLinc, iLinc Communications, iLinc Suite, MeetingLinc, LearnLinc, ConferenceLinc, SupportLinc, and its logo are trademarks or registered trademarks of iLinc Communications, Inc. All other company names and products may be trademarks of their respective companies.
--------------------------------------------------------------------------------
Source: iLinc Communications, Inc.
Link to Insider Buys->
http://www.form4oracle.com/company?cik=0001042291&ticker=ilc
ILC, .24 iLinc Selected by CitiStreet
Monday September 12, 8:30 am ET
Citigroup / State Street Venture Moves From Web Conferencing Service to Software
PHOENIX, Sept. 12 /PRNewswire-FirstCall/ -- iLinc Communications, Inc. (Amex: ILC - News), developers of Web conferencing software and audio conferencing solutions, announced a new contract with CitiStreet, LLC. The company has migrated from a Web conferencing ASP service to a purchased Web conferencing software solution from iLinc, enabling CitiStreet to take advantage of a one-time fee for unlimited Web conferencing.
ADVERTISEMENT
CitiStreet, a 50/50 joint venture between State Street Corp. and Citigroup, is one of the largest global benefits delivery firms in the United States. Headquartered in Quincy, Massachusetts, CitiStreet serves more than 9 million participants and administers approximately $215 billion in assets in the United States. CitiStreet has selected iLinc Web conferencing for their training initiatives to support call center sites in Florida, Maine, and Massachusetts.
"We appreciate the instructional capabilities built into iLinc for both scheduled online training sessions as well as just-in-time training sessions," said Cathy Furia, senior training manager at CitiStreet. "And, the purchased software licensing model that iLinc offers gives us the ability to reach a very large number of agents without incurring recurring fees. Owning a Web conferencing capability instead of leasing it on a yearly or monthly basis makes great economic sense for us."
"As Web conferencing usage within any organization grows, purchasable software solutions become attractive because they offer important benefits such as: higher ROI, better control, security, better integration with existing applications, and unlimited usage," noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. "Many organizations, such as CitiStreet, choose iLinc's hosted software purchase option which enables a company to buy their Web conferencing software and host it at the iLinc co-location facility. The result is that these organizations enjoy the savings of a one-time purchase fee for unlimited Web conferencing without involving their IT resources."
About iLinc Communications, Inc.
iLinc Communications, Inc. is a leading developer of Web conferencing software and audio (phone) conferencing services for highly secure and cost-effective collaborative meetings, presentations, and training sessions. The Company enables customers to purchase and own iLinc Web conferencing software, which can be installed inside of a customer's network or hosted by iLinc. Our products and services include the iLinc Suite of Web Conferencing software (MeetingLinc, LearnLinc, ConferenceLinc, and SupportLinc); Audio Conferencing Services; On-Demand Conferencing; and EventPlus, a service for professionally managed online and audio conferencing events. iLinc's products and services are used by organizations worldwide in sales, HR and training, marketing, and customer support. More information about the Phoenix-based company may be found on the Web at www.ilinc.com.
iLinc, iLinc Communications, iLinc Suite, MeetingLinc, LearnLinc, ConferenceLinc, SupportLinc, and its logo are trademarks or registered trademarks of iLinc Communications, Inc. All other company names and products may be trademarks of their respective companies.
--------------------------------------------------------------------------------
Source: iLinc Communications, Inc.
Link to Insider Buys->
http://www.form4oracle.com/company?cik=0001042291&ticker=ilc
ILC, .22 iLinc Selected by CitiStreet
Monday September 12, 8:30 am ET
Citigroup / State Street Venture Moves From Web Conferencing Service to Software
PHOENIX, Sept. 12 /PRNewswire-FirstCall/ -- iLinc Communications, Inc. (Amex: ILC - News), developers of Web conferencing software and audio conferencing solutions, announced a new contract with CitiStreet, LLC. The company has migrated from a Web conferencing ASP service to a purchased Web conferencing software solution from iLinc, enabling CitiStreet to take advantage of a one-time fee for unlimited Web conferencing.
ADVERTISEMENT
CitiStreet, a 50/50 joint venture between State Street Corp. and Citigroup, is one of the largest global benefits delivery firms in the United States. Headquartered in Quincy, Massachusetts, CitiStreet serves more than 9 million participants and administers approximately $215 billion in assets in the United States. CitiStreet has selected iLinc Web conferencing for their training initiatives to support call center sites in Florida, Maine, and Massachusetts.
"We appreciate the instructional capabilities built into iLinc for both scheduled online training sessions as well as just-in-time training sessions," said Cathy Furia, senior training manager at CitiStreet. "And, the purchased software licensing model that iLinc offers gives us the ability to reach a very large number of agents without incurring recurring fees. Owning a Web conferencing capability instead of leasing it on a yearly or monthly basis makes great economic sense for us."
"As Web conferencing usage within any organization grows, purchasable software solutions become attractive because they offer important benefits such as: higher ROI, better control, security, better integration with existing applications, and unlimited usage," noted James M. Powers, Jr., president and chief executive officer of iLinc Communications. "Many organizations, such as CitiStreet, choose iLinc's hosted software purchase option which enables a company to buy their Web conferencing software and host it at the iLinc co-location facility. The result is that these organizations enjoy the savings of a one-time purchase fee for unlimited Web conferencing without involving their IT resources."
About iLinc Communications, Inc.
iLinc Communications, Inc. is a leading developer of Web conferencing software and audio (phone) conferencing services for highly secure and cost-effective collaborative meetings, presentations, and training sessions. The Company enables customers to purchase and own iLinc Web conferencing software, which can be installed inside of a customer's network or hosted by iLinc. Our products and services include the iLinc Suite of Web Conferencing software (MeetingLinc, LearnLinc, ConferenceLinc, and SupportLinc); Audio Conferencing Services; On-Demand Conferencing; and EventPlus, a service for professionally managed online and audio conferencing events. iLinc's products and services are used by organizations worldwide in sales, HR and training, marketing, and customer support. More information about the Phoenix-based company may be found on the Web at www.ilinc.com.
iLinc, iLinc Communications, iLinc Suite, MeetingLinc, LearnLinc, ConferenceLinc, SupportLinc, and its logo are trademarks or registered trademarks of iLinc Communications, Inc. All other company names and products may be trademarks of their respective companies.
--------------------------------------------------------------------------------
Source: iLinc Communications, Inc.
Link to Insider Buys->
http://www.form4oracle.com/company?cik=0001042291&ticker=ilc
3900 more ILC @ .22 em
in 10000 ILC @ .22 on pr and i think bottom is .2 em
ILC IFLB PDSC CIRT em
in IFLB @ .054 on today's pr on chart->
Infinium Labs Requests Withdrawal of SB-2 Resale Registration Statement
Friday September 9, 8:14 am ET
Sarasota Offices Closed; Company Adds New Corporate Controller and General Counsel
SEATTLE, Sept. 9 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today that the company has filed an application to voluntarily withdraw a resale registration statement on Form SB-2 filed with the Securities and Exchange Commission in January of this year. The withdrawal was requested to allow new management to focus its attention on the company's business strategy and plan of operations.
ADVERTISEMENT
As previously announced, the company's headquarters were recently consolidated in Seattle, in connection with the appointment of Kevin Bachus as CEO, who is based in that city. In the past weeks, the company has closed its former headquarters in Sarasota, Fla., further reducing overhead.
In addition, the company has named John Anderson to the positions of Director of Finance and Corporate Controller. Anderson's responsibilities will include accounting management; budgeting and forecasting; and financial analysis and strategic planning.
Anderson joins Infinium Labs from Calipa Partners, a financial advisory service for early stage companies which he co-founded in 2001. Prior to Calipa, he was Chief Financial Officer of Reality Based Learning Company, Inc. and was Vice President, Finance for Tenzing Communications, Inc. Anderson began his career at the Boeing Company where he spent 20 years in various capacities including as Boeing's Finance Manager for its Mathematical and Computing Technology Group.
The company has also hired Adam Goldblatt as its General Counsel and Corporate Secretary. Goldblatt was previously General Counsel and Corporate Secretary for Pacific Edge Software in Bellevue, WA, where he negotiated intellectual property and capital-raising transactions, as well as partner, distributor, reseller, and OEM deals on a national and international level with Fortune 500 companies.
"I'm pleased that the Board has given me the power to make changes," Bachus said. "We're tightening the ship and doing the things that I think will help us focus on commercializing our Phantom® Game Service."
About Infinium Labs, Inc.
Infinium Labs is developing the Phantom Game Service, the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.
For more information, please visit www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
Media Contact:
Ellen Kardas
The Bohle Company
(310) 785-0515 Ext. 285
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
--------------------------------------------------------------------------------
Source: Infinium Labs, Inc.
in IFLB @ .054 on today's pr on chart->
Infinium Labs Requests Withdrawal of SB-2 Resale Registration Statement
Friday September 9, 8:14 am ET
Sarasota Offices Closed; Company Adds New Corporate Controller and General Counsel
SEATTLE, Sept. 9 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today that the company has filed an application to voluntarily withdraw a resale registration statement on Form SB-2 filed with the Securities and Exchange Commission in January of this year. The withdrawal was requested to allow new management to focus its attention on the company's business strategy and plan of operations.
ADVERTISEMENT
As previously announced, the company's headquarters were recently consolidated in Seattle, in connection with the appointment of Kevin Bachus as CEO, who is based in that city. In the past weeks, the company has closed its former headquarters in Sarasota, Fla., further reducing overhead.
In addition, the company has named John Anderson to the positions of Director of Finance and Corporate Controller. Anderson's responsibilities will include accounting management; budgeting and forecasting; and financial analysis and strategic planning.
Anderson joins Infinium Labs from Calipa Partners, a financial advisory service for early stage companies which he co-founded in 2001. Prior to Calipa, he was Chief Financial Officer of Reality Based Learning Company, Inc. and was Vice President, Finance for Tenzing Communications, Inc. Anderson began his career at the Boeing Company where he spent 20 years in various capacities including as Boeing's Finance Manager for its Mathematical and Computing Technology Group.
The company has also hired Adam Goldblatt as its General Counsel and Corporate Secretary. Goldblatt was previously General Counsel and Corporate Secretary for Pacific Edge Software in Bellevue, WA, where he negotiated intellectual property and capital-raising transactions, as well as partner, distributor, reseller, and OEM deals on a national and international level with Fortune 500 companies.
"I'm pleased that the Board has given me the power to make changes," Bachus said. "We're tightening the ship and doing the things that I think will help us focus on commercializing our Phantom® Game Service."
About Infinium Labs, Inc.
Infinium Labs is developing the Phantom Game Service, the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.
For more information, please visit www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
Media Contact:
Ellen Kardas
The Bohle Company
(310) 785-0515 Ext. 285
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
--------------------------------------------------------------------------------
Source: Infinium Labs, Inc.
in IFLB @ .054 on today's pr on chart->
Infinium Labs Requests Withdrawal of SB-2 Resale Registration Statement
Friday September 9, 8:14 am ET
Sarasota Offices Closed; Company Adds New Corporate Controller and General Counsel
SEATTLE, Sept. 9 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today that the company has filed an application to voluntarily withdraw a resale registration statement on Form SB-2 filed with the Securities and Exchange Commission in January of this year. The withdrawal was requested to allow new management to focus its attention on the company's business strategy and plan of operations.
ADVERTISEMENT
As previously announced, the company's headquarters were recently consolidated in Seattle, in connection with the appointment of Kevin Bachus as CEO, who is based in that city. In the past weeks, the company has closed its former headquarters in Sarasota, Fla., further reducing overhead.
In addition, the company has named John Anderson to the positions of Director of Finance and Corporate Controller. Anderson's responsibilities will include accounting management; budgeting and forecasting; and financial analysis and strategic planning.
Anderson joins Infinium Labs from Calipa Partners, a financial advisory service for early stage companies which he co-founded in 2001. Prior to Calipa, he was Chief Financial Officer of Reality Based Learning Company, Inc. and was Vice President, Finance for Tenzing Communications, Inc. Anderson began his career at the Boeing Company where he spent 20 years in various capacities including as Boeing's Finance Manager for its Mathematical and Computing Technology Group.
The company has also hired Adam Goldblatt as its General Counsel and Corporate Secretary. Goldblatt was previously General Counsel and Corporate Secretary for Pacific Edge Software in Bellevue, WA, where he negotiated intellectual property and capital-raising transactions, as well as partner, distributor, reseller, and OEM deals on a national and international level with Fortune 500 companies.
"I'm pleased that the Board has given me the power to make changes," Bachus said. "We're tightening the ship and doing the things that I think will help us focus on commercializing our Phantom® Game Service."
About Infinium Labs, Inc.
Infinium Labs is developing the Phantom Game Service, the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.
For more information, please visit www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
Media Contact:
Ellen Kardas
The Bohle Company
(310) 785-0515 Ext. 285
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
--------------------------------------------------------------------------------
Source: Infinium Labs, Inc.
in IFLB @ .054 on today's pr on chart->
Infinium Labs Requests Withdrawal of SB-2 Resale Registration Statement
Friday September 9, 8:14 am ET
Sarasota Offices Closed; Company Adds New Corporate Controller and General Counsel
SEATTLE, Sept. 9 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today that the company has filed an application to voluntarily withdraw a resale registration statement on Form SB-2 filed with the Securities and Exchange Commission in January of this year. The withdrawal was requested to allow new management to focus its attention on the company's business strategy and plan of operations.
ADVERTISEMENT
As previously announced, the company's headquarters were recently consolidated in Seattle, in connection with the appointment of Kevin Bachus as CEO, who is based in that city. In the past weeks, the company has closed its former headquarters in Sarasota, Fla., further reducing overhead.
In addition, the company has named John Anderson to the positions of Director of Finance and Corporate Controller. Anderson's responsibilities will include accounting management; budgeting and forecasting; and financial analysis and strategic planning.
Anderson joins Infinium Labs from Calipa Partners, a financial advisory service for early stage companies which he co-founded in 2001. Prior to Calipa, he was Chief Financial Officer of Reality Based Learning Company, Inc. and was Vice President, Finance for Tenzing Communications, Inc. Anderson began his career at the Boeing Company where he spent 20 years in various capacities including as Boeing's Finance Manager for its Mathematical and Computing Technology Group.
The company has also hired Adam Goldblatt as its General Counsel and Corporate Secretary. Goldblatt was previously General Counsel and Corporate Secretary for Pacific Edge Software in Bellevue, WA, where he negotiated intellectual property and capital-raising transactions, as well as partner, distributor, reseller, and OEM deals on a national and international level with Fortune 500 companies.
"I'm pleased that the Board has given me the power to make changes," Bachus said. "We're tightening the ship and doing the things that I think will help us focus on commercializing our Phantom® Game Service."
About Infinium Labs, Inc.
Infinium Labs is developing the Phantom Game Service, the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.
For more information, please visit www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
Media Contact:
Ellen Kardas
The Bohle Company
(310) 785-0515 Ext. 285
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
--------------------------------------------------------------------------------
Source: Infinium Labs, Inc.
in 47381 IFLB @ .054 on today's pr on chart->
Infinium Labs Requests Withdrawal of SB-2 Resale Registration Statement
Friday September 9, 8:14 am ET
Sarasota Offices Closed; Company Adds New Corporate Controller and General Counsel
SEATTLE, Sept. 9 /PRNewswire-FirstCall/ -- Infinium Labs, Inc. (OTC Bulletin Board: IFLB - News) announced today that the company has filed an application to voluntarily withdraw a resale registration statement on Form SB-2 filed with the Securities and Exchange Commission in January of this year. The withdrawal was requested to allow new management to focus its attention on the company's business strategy and plan of operations.
ADVERTISEMENT
As previously announced, the company's headquarters were recently consolidated in Seattle, in connection with the appointment of Kevin Bachus as CEO, who is based in that city. In the past weeks, the company has closed its former headquarters in Sarasota, Fla., further reducing overhead.
In addition, the company has named John Anderson to the positions of Director of Finance and Corporate Controller. Anderson's responsibilities will include accounting management; budgeting and forecasting; and financial analysis and strategic planning.
Anderson joins Infinium Labs from Calipa Partners, a financial advisory service for early stage companies which he co-founded in 2001. Prior to Calipa, he was Chief Financial Officer of Reality Based Learning Company, Inc. and was Vice President, Finance for Tenzing Communications, Inc. Anderson began his career at the Boeing Company where he spent 20 years in various capacities including as Boeing's Finance Manager for its Mathematical and Computing Technology Group.
The company has also hired Adam Goldblatt as its General Counsel and Corporate Secretary. Goldblatt was previously General Counsel and Corporate Secretary for Pacific Edge Software in Bellevue, WA, where he negotiated intellectual property and capital-raising transactions, as well as partner, distributor, reseller, and OEM deals on a national and international level with Fortune 500 companies.
"I'm pleased that the Board has given me the power to make changes," Bachus said. "We're tightening the ship and doing the things that I think will help us focus on commercializing our Phantom® Game Service."
About Infinium Labs, Inc.
Infinium Labs is developing the Phantom Game Service, the first end-to-end, on-demand game service for delivery to the living room. Delivered over broadband, the Phantom Game Service is designed to offer casual and avid gamers a broad library of titles, available anytime, day or night.
For more information, please visit www.phantom.net.
Safe Harbor Statement
Certain statements included in this press release may constitute forward- looking statements. Actual results could differ materially from such statements expressed or implied herein as a result of a variety of factors including, but not limited to: the development of the Infinium Labs technology, the successful marketing and distribution of the Phantom Game Service, acceptance by the market of Infinium Labs, products and technology, competition and timing of projects and trends in the gaming industry, as well as other factors expressed from time to time in filings Infinium Labs will make with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with periodic filings Infinium Labs makes with the SEC. The forward looking statements contained herein are made only as of the date of this press release, and Infinium Labs undertakes no obligation to publicly update such forward looking statements to reflect subsequent events or circumstances.
Media Contact:
Ellen Kardas
The Bohle Company
(310) 785-0515 Ext. 285
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
--------------------------------------------------------------------------------
Source: Infinium Labs, Inc.
out 13922 AHN @ .48, $200 gain, 750 free longterm shares em
Imperia Entertainment Issues Letter to Shareholders
Thursday September 8, 9:30 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2005--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News) President James Hergott issued the following letter to shareholders, which is posted on the company's website, at www.imperiaentertainment.com:
Dear Shareholders:
I would like to introduce myself; James Hergott, the new president of
Imperia Entertainment Inc. I believe communication is very important
in any relationship, be it loved ones, friends, employees or
shareholders. So with that in mind, I felt that it would be beneficial
to all involved to write letters to the shareholders from time to time
to inform investors about the state of the company. Billionaire Warren
Buffett of Berkshire Hathaway is famous for his letters to
shareholders and also the President of the United States often gives
his State of the Union address as a way to communicate to the people
he serves.
Obviously the first thing I must address is the stock price, as many
are concerned about the recent drop in market price. In the opinion of
our management, the Company's stock is undervalued. In fact, our
projected revenue far exceeds the market value of the company at this
point. I am a filmmaker and as such I am focused on the business of
making movies. I feel that if the company is strong and when we start
receiving revenue from all of our assets, eventually the market will
follow. This will prove to be advantageous for those of you who have
bought stock at such low prices. I have noticed that many investors,
while understanding stocks, do not necessarily understand the
entertainment business. One of the advantages of creating content such
as a movie, is that it can keep being sold (as long as you retain the
rights) and it provides an income for many years, but only the initial
production cost needs to be incurred. I am simplifying the process of
course, but it will help illustrate the advantage of having movies in
the "can," so to speak. As our company develops, we will continue to
have new assets that will bring in revenue for many years to come. Our
revenue projections estimate the initial release of "All That I Need"
will result in earnings to the company of up to $9 million in revenue,
if the release is extended beyond its current one week run, and up to
$11 million in DVD, cable, pay per view, Internet and foreign sales in
the next six months.
I recently received a letter from a shareholder and I wanted to share
it with you, as well as my response, to give you some insight about
the state of the company and what my plans are for the future. I have
changed the shareholder's name for purposes of privacy.
"Dear Mr. Hergott:
As an investor in Imperia Entertainment, we have been watching the
continuous slide in IPRE stock price with dismay. Could you please
provide the following information: besides the November limited
release, what are the other significant milestones you see for the
company over the next 6-12 months? Have insiders sold any shares over
the past 6 months? I look forward to an expeditious response, as we
are considering further investment if warranted.
Regards, Robert Morgan
Dear Mr. Morgan,
This is James Hergott, I am the director of "All That I Need" and the
new President of IPRE. I will answer your questions as best I can. In
my opinion the stocks are very much undervalued. Not only because the
price of the stock is so low, but because of the number of milestones
on the horizon. I was put in this position because I'm a doer, not a
talker. The following is a list of upcoming milestones: -ATIN will be
released this November as you stated. Getting a movie released in
theaters is no easy matter. To give you some statistics, the Cannes
film festival gets approximately 6000 movies submitted in a year, of
that, they only choose approximately 150 films. Out of that, maybe
only 10 movies will actually get released into theaters. So from a
percentage point of view, we are in the top 1% of the top 1%. It is my
goal to release the movie in a way very similar to "March of the
Penguins." If we sell well the first week, then this is very
plausible. Here is the release schedule for "March of the Penguins":
$137,492 (USA) (26 June 2005) (4 Screens)
$525,391 (USA) (4 July 2005) (20 Screens)
$1,019,357 (USA) (10 July 2005) (64 Screens)
$1,515,059 (USA) (17 July 2005) (132 Screens)
$4,382,340 (USA) (24 July 2005) (695 Screens)
$4,030,894 (USA) (31 July 2005) (778 Screens)
$7,117,206 (USA) (7 August 2005) (1,867 Screens)
$6,848,205 (USA) (14 August 2005) (2,063 Screens)
$6,487,696 (USA) (21 August 2005) (2,102 Screens)
As you can see, March of the Penguins actually started on only 4
screens, which is less screens than our movie. The other important
thing about having a movie in theaters is that this drives everything
else. Since our movie is in theaters it greatly increases how it sells
on DVD, cable, both in the US and other countries. The majority of
this income will come in with in the first 2-3 years after the movie's
release in theaters. So the movie will be sold and distributed to
several locations after the movie's release in theaters. So over the
following three years, there will be several ways to profit from the
movie. -The movie "Worlds Apart" will be shot this fall, it will be
released and will generate an income over the next few years, much in
the same way that ATIN will. -Our Autograph show has sold really well
and is in several homes on the dish network. We will be getting
advertising dollars for the commercial breaks as per our individual
distribution deals. This will be another income, as well as we can
sell this show to other places, both here and in other countries. All
in all, Robert I am more focused on the future of the company than
hype. I believe that the biggest reason for the drop in stock is due
to shorters and the fact that we are putting deals together. As time
goes on, it is my opinion that the stocks will reflect all of the
things that are going on. To my knowledge, anyone connected with the
company or the movie has actually gone and bought more stock lately
because the price is so undervalued right now. Since it is smart to
buy when it is low, that's what the people close to the project have
been doing. I would say that there have been more purchases by those
close with the project, lately than at any other time. I hope this
answers your questions. All the best, James Hergott"
In closing, I would like to personally thank each and every
shareholder for his or her support. All plans must change slightly,
but I feel that the strategies we are pursuing will cause our
intrinsic value per share to climb over the long-term, creating
long-term shareholder value.
Very sincerely yours,
James Hergott, President, Imperia Entertainment, Inc.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original television series and producing and distributing full-length feature independent films. Along with its equity interest in the widely anticipated, "All That I Need", (www.allthatineed.net) to be released in theaters November 4th by the Company's wholly owned distribution company, Imperia International Distribution, Inc., and its feature film in pre production, "Worlds Apart," directed by Jeff Celentano ("Primary Suspect," "Gunshy") and edited by David Rawlins ("Saturday Night Fever,") the Company has amassed an impressive media library including the award winning "Autograph" television series (www.autograph.tv ), which airs on the Colours Television Network, and newly acquired "Faces and Names" television series.
Imperia Entertainment is located at 190 N. Cannon Drive, Beverly Hills, CA 90210 Suite 420
Phone: 310. 275.0089; Fax: 805.456.0122; E-Mail - imperiaentertainment@gmail.comt, or visit Www.imperiaentertainment.com.
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. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.
--------------------------------------------------------------------------------
Contact:
Imperia Entertainment, Inc.
Investor Relations:
Patrick Frericks, 760-964-5567
Email: patrickfrericks@msn.com
--------------------------------------------------------------------------------
Source: Imperia Entertainment, Inc.
Imperia Entertainment Issues Letter to Shareholders
Thursday September 8, 9:30 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2005--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News) President James Hergott issued the following letter to shareholders, which is posted on the company's website, at www.imperiaentertainment.com:
Dear Shareholders:
I would like to introduce myself; James Hergott, the new president of
Imperia Entertainment Inc. I believe communication is very important
in any relationship, be it loved ones, friends, employees or
shareholders. So with that in mind, I felt that it would be beneficial
to all involved to write letters to the shareholders from time to time
to inform investors about the state of the company. Billionaire Warren
Buffett of Berkshire Hathaway is famous for his letters to
shareholders and also the President of the United States often gives
his State of the Union address as a way to communicate to the people
he serves.
Obviously the first thing I must address is the stock price, as many
are concerned about the recent drop in market price. In the opinion of
our management, the Company's stock is undervalued. In fact, our
projected revenue far exceeds the market value of the company at this
point. I am a filmmaker and as such I am focused on the business of
making movies. I feel that if the company is strong and when we start
receiving revenue from all of our assets, eventually the market will
follow. This will prove to be advantageous for those of you who have
bought stock at such low prices. I have noticed that many investors,
while understanding stocks, do not necessarily understand the
entertainment business. One of the advantages of creating content such
as a movie, is that it can keep being sold (as long as you retain the
rights) and it provides an income for many years, but only the initial
production cost needs to be incurred. I am simplifying the process of
course, but it will help illustrate the advantage of having movies in
the "can," so to speak. As our company develops, we will continue to
have new assets that will bring in revenue for many years to come. Our
revenue projections estimate the initial release of "All That I Need"
will result in earnings to the company of up to $9 million in revenue,
if the release is extended beyond its current one week run, and up to
$11 million in DVD, cable, pay per view, Internet and foreign sales in
the next six months.
I recently received a letter from a shareholder and I wanted to share
it with you, as well as my response, to give you some insight about
the state of the company and what my plans are for the future. I have
changed the shareholder's name for purposes of privacy.
"Dear Mr. Hergott:
As an investor in Imperia Entertainment, we have been watching the
continuous slide in IPRE stock price with dismay. Could you please
provide the following information: besides the November limited
release, what are the other significant milestones you see for the
company over the next 6-12 months? Have insiders sold any shares over
the past 6 months? I look forward to an expeditious response, as we
are considering further investment if warranted.
Regards, Robert Morgan
Dear Mr. Morgan,
This is James Hergott, I am the director of "All That I Need" and the
new President of IPRE. I will answer your questions as best I can. In
my opinion the stocks are very much undervalued. Not only because the
price of the stock is so low, but because of the number of milestones
on the horizon. I was put in this position because I'm a doer, not a
talker. The following is a list of upcoming milestones: -ATIN will be
released this November as you stated. Getting a movie released in
theaters is no easy matter. To give you some statistics, the Cannes
film festival gets approximately 6000 movies submitted in a year, of
that, they only choose approximately 150 films. Out of that, maybe
only 10 movies will actually get released into theaters. So from a
percentage point of view, we are in the top 1% of the top 1%. It is my
goal to release the movie in a way very similar to "March of the
Penguins." If we sell well the first week, then this is very
plausible. Here is the release schedule for "March of the Penguins":
$137,492 (USA) (26 June 2005) (4 Screens)
$525,391 (USA) (4 July 2005) (20 Screens)
$1,019,357 (USA) (10 July 2005) (64 Screens)
$1,515,059 (USA) (17 July 2005) (132 Screens)
$4,382,340 (USA) (24 July 2005) (695 Screens)
$4,030,894 (USA) (31 July 2005) (778 Screens)
$7,117,206 (USA) (7 August 2005) (1,867 Screens)
$6,848,205 (USA) (14 August 2005) (2,063 Screens)
$6,487,696 (USA) (21 August 2005) (2,102 Screens)
As you can see, March of the Penguins actually started on only 4
screens, which is less screens than our movie. The other important
thing about having a movie in theaters is that this drives everything
else. Since our movie is in theaters it greatly increases how it sells
on DVD, cable, both in the US and other countries. The majority of
this income will come in with in the first 2-3 years after the movie's
release in theaters. So the movie will be sold and distributed to
several locations after the movie's release in theaters. So over the
following three years, there will be several ways to profit from the
movie. -The movie "Worlds Apart" will be shot this fall, it will be
released and will generate an income over the next few years, much in
the same way that ATIN will. -Our Autograph show has sold really well
and is in several homes on the dish network. We will be getting
advertising dollars for the commercial breaks as per our individual
distribution deals. This will be another income, as well as we can
sell this show to other places, both here and in other countries. All
in all, Robert I am more focused on the future of the company than
hype. I believe that the biggest reason for the drop in stock is due
to shorters and the fact that we are putting deals together. As time
goes on, it is my opinion that the stocks will reflect all of the
things that are going on. To my knowledge, anyone connected with the
company or the movie has actually gone and bought more stock lately
because the price is so undervalued right now. Since it is smart to
buy when it is low, that's what the people close to the project have
been doing. I would say that there have been more purchases by those
close with the project, lately than at any other time. I hope this
answers your questions. All the best, James Hergott"
In closing, I would like to personally thank each and every
shareholder for his or her support. All plans must change slightly,
but I feel that the strategies we are pursuing will cause our
intrinsic value per share to climb over the long-term, creating
long-term shareholder value.
Very sincerely yours,
James Hergott, President, Imperia Entertainment, Inc.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original television series and producing and distributing full-length feature independent films. Along with its equity interest in the widely anticipated, "All That I Need", (www.allthatineed.net) to be released in theaters November 4th by the Company's wholly owned distribution company, Imperia International Distribution, Inc., and its feature film in pre production, "Worlds Apart," directed by Jeff Celentano ("Primary Suspect," "Gunshy") and edited by David Rawlins ("Saturday Night Fever,") the Company has amassed an impressive media library including the award winning "Autograph" television series (www.autograph.tv ), which airs on the Colours Television Network, and newly acquired "Faces and Names" television series.
Imperia Entertainment is located at 190 N. Cannon Drive, Beverly Hills, CA 90210 Suite 420
Phone: 310. 275.0089; Fax: 805.456.0122; E-Mail - imperiaentertainment@gmail.comt, or visit Www.imperiaentertainment.com.
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. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.
--------------------------------------------------------------------------------
Contact:
Imperia Entertainment, Inc.
Investor Relations:
Patrick Frericks, 760-964-5567
Email: patrickfrericks@msn.com
--------------------------------------------------------------------------------
Source: Imperia Entertainment, Inc.
Imperia Entertainment Issues Letter to Shareholders
Thursday September 8, 9:30 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2005--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News) President James Hergott issued the following letter to shareholders, which is posted on the company's website, at www.imperiaentertainment.com:
Dear Shareholders:
I would like to introduce myself; James Hergott, the new president of
Imperia Entertainment Inc. I believe communication is very important
in any relationship, be it loved ones, friends, employees or
shareholders. So with that in mind, I felt that it would be beneficial
to all involved to write letters to the shareholders from time to time
to inform investors about the state of the company. Billionaire Warren
Buffett of Berkshire Hathaway is famous for his letters to
shareholders and also the President of the United States often gives
his State of the Union address as a way to communicate to the people
he serves.
Obviously the first thing I must address is the stock price, as many
are concerned about the recent drop in market price. In the opinion of
our management, the Company's stock is undervalued. In fact, our
projected revenue far exceeds the market value of the company at this
point. I am a filmmaker and as such I am focused on the business of
making movies. I feel that if the company is strong and when we start
receiving revenue from all of our assets, eventually the market will
follow. This will prove to be advantageous for those of you who have
bought stock at such low prices. I have noticed that many investors,
while understanding stocks, do not necessarily understand the
entertainment business. One of the advantages of creating content such
as a movie, is that it can keep being sold (as long as you retain the
rights) and it provides an income for many years, but only the initial
production cost needs to be incurred. I am simplifying the process of
course, but it will help illustrate the advantage of having movies in
the "can," so to speak. As our company develops, we will continue to
have new assets that will bring in revenue for many years to come. Our
revenue projections estimate the initial release of "All That I Need"
will result in earnings to the company of up to $9 million in revenue,
if the release is extended beyond its current one week run, and up to
$11 million in DVD, cable, pay per view, Internet and foreign sales in
the next six months.
I recently received a letter from a shareholder and I wanted to share
it with you, as well as my response, to give you some insight about
the state of the company and what my plans are for the future. I have
changed the shareholder's name for purposes of privacy.
"Dear Mr. Hergott:
As an investor in Imperia Entertainment, we have been watching the
continuous slide in IPRE stock price with dismay. Could you please
provide the following information: besides the November limited
release, what are the other significant milestones you see for the
company over the next 6-12 months? Have insiders sold any shares over
the past 6 months? I look forward to an expeditious response, as we
are considering further investment if warranted.
Regards, Robert Morgan
Dear Mr. Morgan,
This is James Hergott, I am the director of "All That I Need" and the
new President of IPRE. I will answer your questions as best I can. In
my opinion the stocks are very much undervalued. Not only because the
price of the stock is so low, but because of the number of milestones
on the horizon. I was put in this position because I'm a doer, not a
talker. The following is a list of upcoming milestones: -ATIN will be
released this November as you stated. Getting a movie released in
theaters is no easy matter. To give you some statistics, the Cannes
film festival gets approximately 6000 movies submitted in a year, of
that, they only choose approximately 150 films. Out of that, maybe
only 10 movies will actually get released into theaters. So from a
percentage point of view, we are in the top 1% of the top 1%. It is my
goal to release the movie in a way very similar to "March of the
Penguins." If we sell well the first week, then this is very
plausible. Here is the release schedule for "March of the Penguins":
$137,492 (USA) (26 June 2005) (4 Screens)
$525,391 (USA) (4 July 2005) (20 Screens)
$1,019,357 (USA) (10 July 2005) (64 Screens)
$1,515,059 (USA) (17 July 2005) (132 Screens)
$4,382,340 (USA) (24 July 2005) (695 Screens)
$4,030,894 (USA) (31 July 2005) (778 Screens)
$7,117,206 (USA) (7 August 2005) (1,867 Screens)
$6,848,205 (USA) (14 August 2005) (2,063 Screens)
$6,487,696 (USA) (21 August 2005) (2,102 Screens)
As you can see, March of the Penguins actually started on only 4
screens, which is less screens than our movie. The other important
thing about having a movie in theaters is that this drives everything
else. Since our movie is in theaters it greatly increases how it sells
on DVD, cable, both in the US and other countries. The majority of
this income will come in with in the first 2-3 years after the movie's
release in theaters. So the movie will be sold and distributed to
several locations after the movie's release in theaters. So over the
following three years, there will be several ways to profit from the
movie. -The movie "Worlds Apart" will be shot this fall, it will be
released and will generate an income over the next few years, much in
the same way that ATIN will. -Our Autograph show has sold really well
and is in several homes on the dish network. We will be getting
advertising dollars for the commercial breaks as per our individual
distribution deals. This will be another income, as well as we can
sell this show to other places, both here and in other countries. All
in all, Robert I am more focused on the future of the company than
hype. I believe that the biggest reason for the drop in stock is due
to shorters and the fact that we are putting deals together. As time
goes on, it is my opinion that the stocks will reflect all of the
things that are going on. To my knowledge, anyone connected with the
company or the movie has actually gone and bought more stock lately
because the price is so undervalued right now. Since it is smart to
buy when it is low, that's what the people close to the project have
been doing. I would say that there have been more purchases by those
close with the project, lately than at any other time. I hope this
answers your questions. All the best, James Hergott"
In closing, I would like to personally thank each and every
shareholder for his or her support. All plans must change slightly,
but I feel that the strategies we are pursuing will cause our
intrinsic value per share to climb over the long-term, creating
long-term shareholder value.
Very sincerely yours,
James Hergott, President, Imperia Entertainment, Inc.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original television series and producing and distributing full-length feature independent films. Along with its equity interest in the widely anticipated, "All That I Need", (www.allthatineed.net) to be released in theaters November 4th by the Company's wholly owned distribution company, Imperia International Distribution, Inc., and its feature film in pre production, "Worlds Apart," directed by Jeff Celentano ("Primary Suspect," "Gunshy") and edited by David Rawlins ("Saturday Night Fever,") the Company has amassed an impressive media library including the award winning "Autograph" television series (www.autograph.tv ), which airs on the Colours Television Network, and newly acquired "Faces and Names" television series.
Imperia Entertainment is located at 190 N. Cannon Drive, Beverly Hills, CA 90210 Suite 420
Phone: 310. 275.0089; Fax: 805.456.0122; E-Mail - imperiaentertainment@gmail.comt, or visit Www.imperiaentertainment.com.
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. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.
--------------------------------------------------------------------------------
Contact:
Imperia Entertainment, Inc.
Investor Relations:
Patrick Frericks, 760-964-5567
Email: patrickfrericks@msn.com
--------------------------------------------------------------------------------
Source: Imperia Entertainment, Inc.
Imperia Entertainment Issues Letter to Shareholders
Thursday September 8, 9:30 am ET
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 8, 2005--Imperia Entertainment, Inc. (Pink Sheets:IPRE - News) President James Hergott issued the following letter to shareholders, which is posted on the company's website, at www.imperiaentertainment.com:
Dear Shareholders:
I would like to introduce myself; James Hergott, the new president of
Imperia Entertainment Inc. I believe communication is very important
in any relationship, be it loved ones, friends, employees or
shareholders. So with that in mind, I felt that it would be beneficial
to all involved to write letters to the shareholders from time to time
to inform investors about the state of the company. Billionaire Warren
Buffett of Berkshire Hathaway is famous for his letters to
shareholders and also the President of the United States often gives
his State of the Union address as a way to communicate to the people
he serves.
Obviously the first thing I must address is the stock price, as many
are concerned about the recent drop in market price. In the opinion of
our management, the Company's stock is undervalued. In fact, our
projected revenue far exceeds the market value of the company at this
point. I am a filmmaker and as such I am focused on the business of
making movies. I feel that if the company is strong and when we start
receiving revenue from all of our assets, eventually the market will
follow. This will prove to be advantageous for those of you who have
bought stock at such low prices. I have noticed that many investors,
while understanding stocks, do not necessarily understand the
entertainment business. One of the advantages of creating content such
as a movie, is that it can keep being sold (as long as you retain the
rights) and it provides an income for many years, but only the initial
production cost needs to be incurred. I am simplifying the process of
course, but it will help illustrate the advantage of having movies in
the "can," so to speak. As our company develops, we will continue to
have new assets that will bring in revenue for many years to come. Our
revenue projections estimate the initial release of "All That I Need"
will result in earnings to the company of up to $9 million in revenue,
if the release is extended beyond its current one week run, and up to
$11 million in DVD, cable, pay per view, Internet and foreign sales in
the next six months.
I recently received a letter from a shareholder and I wanted to share
it with you, as well as my response, to give you some insight about
the state of the company and what my plans are for the future. I have
changed the shareholder's name for purposes of privacy.
"Dear Mr. Hergott:
As an investor in Imperia Entertainment, we have been watching the
continuous slide in IPRE stock price with dismay. Could you please
provide the following information: besides the November limited
release, what are the other significant milestones you see for the
company over the next 6-12 months? Have insiders sold any shares over
the past 6 months? I look forward to an expeditious response, as we
are considering further investment if warranted.
Regards, Robert Morgan
Dear Mr. Morgan,
This is James Hergott, I am the director of "All That I Need" and the
new President of IPRE. I will answer your questions as best I can. In
my opinion the stocks are very much undervalued. Not only because the
price of the stock is so low, but because of the number of milestones
on the horizon. I was put in this position because I'm a doer, not a
talker. The following is a list of upcoming milestones: -ATIN will be
released this November as you stated. Getting a movie released in
theaters is no easy matter. To give you some statistics, the Cannes
film festival gets approximately 6000 movies submitted in a year, of
that, they only choose approximately 150 films. Out of that, maybe
only 10 movies will actually get released into theaters. So from a
percentage point of view, we are in the top 1% of the top 1%. It is my
goal to release the movie in a way very similar to "March of the
Penguins." If we sell well the first week, then this is very
plausible. Here is the release schedule for "March of the Penguins":
$137,492 (USA) (26 June 2005) (4 Screens)
$525,391 (USA) (4 July 2005) (20 Screens)
$1,019,357 (USA) (10 July 2005) (64 Screens)
$1,515,059 (USA) (17 July 2005) (132 Screens)
$4,382,340 (USA) (24 July 2005) (695 Screens)
$4,030,894 (USA) (31 July 2005) (778 Screens)
$7,117,206 (USA) (7 August 2005) (1,867 Screens)
$6,848,205 (USA) (14 August 2005) (2,063 Screens)
$6,487,696 (USA) (21 August 2005) (2,102 Screens)
As you can see, March of the Penguins actually started on only 4
screens, which is less screens than our movie. The other important
thing about having a movie in theaters is that this drives everything
else. Since our movie is in theaters it greatly increases how it sells
on DVD, cable, both in the US and other countries. The majority of
this income will come in with in the first 2-3 years after the movie's
release in theaters. So the movie will be sold and distributed to
several locations after the movie's release in theaters. So over the
following three years, there will be several ways to profit from the
movie. -The movie "Worlds Apart" will be shot this fall, it will be
released and will generate an income over the next few years, much in
the same way that ATIN will. -Our Autograph show has sold really well
and is in several homes on the dish network. We will be getting
advertising dollars for the commercial breaks as per our individual
distribution deals. This will be another income, as well as we can
sell this show to other places, both here and in other countries. All
in all, Robert I am more focused on the future of the company than
hype. I believe that the biggest reason for the drop in stock is due
to shorters and the fact that we are putting deals together. As time
goes on, it is my opinion that the stocks will reflect all of the
things that are going on. To my knowledge, anyone connected with the
company or the movie has actually gone and bought more stock lately
because the price is so undervalued right now. Since it is smart to
buy when it is low, that's what the people close to the project have
been doing. I would say that there have been more purchases by those
close with the project, lately than at any other time. I hope this
answers your questions. All the best, James Hergott"
In closing, I would like to personally thank each and every
shareholder for his or her support. All plans must change slightly,
but I feel that the strategies we are pursuing will cause our
intrinsic value per share to climb over the long-term, creating
long-term shareholder value.
Very sincerely yours,
James Hergott, President, Imperia Entertainment, Inc.
About Imperia Entertainment, Inc.
Imperia Entertainment, Inc. (www.imperiaentertainment.com) is a diversified entertainment production company, primarily focused on driving shareholder value by investing in and producing highly original television series and producing and distributing full-length feature independent films. Along with its equity interest in the widely anticipated, "All That I Need", (www.allthatineed.net) to be released in theaters November 4th by the Company's wholly owned distribution company, Imperia International Distribution, Inc., and its feature film in pre production, "Worlds Apart," directed by Jeff Celentano ("Primary Suspect," "Gunshy") and edited by David Rawlins ("Saturday Night Fever,") the Company has amassed an impressive media library including the award winning "Autograph" television series (www.autograph.tv ), which airs on the Colours Television Network, and newly acquired "Faces and Names" television series.
Imperia Entertainment is located at 190 N. Cannon Drive, Beverly Hills, CA 90210 Suite 420
Phone: 310. 275.0089; Fax: 805.456.0122; E-Mail - imperiaentertainment@gmail.comt, or visit Www.imperiaentertainment.com.
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. All financial projections have been prepared by management, and are based on assumptions as to future events and conditions which may or may not occur. Most of these assumptions are beyond the company's control and merely represent management's forecasts. To the extent actual experience varies from any one or more of the assumptions, actual financial results will differ. While the company makes these projections in good faith, investors are cautioned that they are based on the company's limited experience, represent goals and objectives, and are unreliable and of questionable value when making an investment decision.
--------------------------------------------------------------------------------
Contact:
Imperia Entertainment, Inc.
Investor Relations:
Patrick Frericks, 760-964-5567
Email: patrickfrericks@msn.com
--------------------------------------------------------------------------------
Source: Imperia Entertainment, Inc.
IPRE, .02
IPRE, .02
IPRE, .02
IPRE, .02
out 5k DSEN .35 from .31 em
Dave, g/l to us on AHN ! em
out other 5k at .08 for a $100 loss em
out 5k of my 10k OPLM b/e.. after further dd, not really anything left of company after spinoff
in 14672 AHN .44 em
AHN, .44-> ATC to Participate in $275 Million Dollar Contract with Department of Health and Human Services
Wednesday September 7, 8:45 am ET
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Sept. 7, 2005--ATC Healthcare, Inc., (AMEX:AHN - News) a leader in medical staffing, announced today that it was one of the two awardees of a large Blanket Purchase Agreement (BPA) with the Department of Health and Human Services. ATC teamed with one of the largest physician staffing firms in the country, to provide all the required staffing services. The contract requires nurse, allied health, and physician staffing in select DHHS facilities. The two-year contract, which has 3 one-year renewals for a total of five years, covers facilities in 11 states and the District of Columbia. The Department of Health and Human Services announcement "estimates, but does not guarantee, that the annual volume of purchases under the Blanket Purchase Agreement will be over $55 million (or $275 million over 5 years)."
ADVERTISEMENT
"I'm very pleased that ATC has been given the opportunity to work with DHHS on this long term contract", said David Savitsky, CEO of ATC Healthcare Services. "We estimate that ATC could see $10 million dollars in sales annually. If all options of the BPA are exercised, it could be worth as much as $18 million dollars per year to ATC over the life of the five-year contract. We are experiencing a significant increase in our government sales this year, having previously announced awards of up to $16 million dollars with facilities in Michigan, Massachusetts and New Jersey," Mr. Savitsky further said.
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics, and other health care facilities with 51 locations and conducts business in 31 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 healthcare professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term, and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com.
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K/A for the year ended February 28, 2005 as filed with the Securities and Exchange Commission on July 29, 2005.
--------------------------------------------------------------------------------
Contact:
Investors:
BPC Financial Marketing
John Baldissera, 800-368-1217
or
ATC Healthcare, Inc.
David Savitsky, 516-750-1681
dsavitsky@atchealthcare.com
or
Andrew Reiben, 516-750-1663
areiben@atchealthcare.com
--------------------------------------------------------------------------------
Source: ATC Healthcare, Inc.
AHN, .44-> ATC to Participate in $275 Million Dollar Contract with Department of Health and Human Services
Wednesday September 7, 8:45 am ET
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Sept. 7, 2005--ATC Healthcare, Inc., (AMEX:AHN - News) a leader in medical staffing, announced today that it was one of the two awardees of a large Blanket Purchase Agreement (BPA) with the Department of Health and Human Services. ATC teamed with one of the largest physician staffing firms in the country, to provide all the required staffing services. The contract requires nurse, allied health, and physician staffing in select DHHS facilities. The two-year contract, which has 3 one-year renewals for a total of five years, covers facilities in 11 states and the District of Columbia. The Department of Health and Human Services announcement "estimates, but does not guarantee, that the annual volume of purchases under the Blanket Purchase Agreement will be over $55 million (or $275 million over 5 years)."
ADVERTISEMENT
"I'm very pleased that ATC has been given the opportunity to work with DHHS on this long term contract", said David Savitsky, CEO of ATC Healthcare Services. "We estimate that ATC could see $10 million dollars in sales annually. If all options of the BPA are exercised, it could be worth as much as $18 million dollars per year to ATC over the life of the five-year contract. We are experiencing a significant increase in our government sales this year, having previously announced awards of up to $16 million dollars with facilities in Michigan, Massachusetts and New Jersey," Mr. Savitsky further said.
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics, and other health care facilities with 51 locations and conducts business in 31 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 healthcare professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term, and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com.
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K/A for the year ended February 28, 2005 as filed with the Securities and Exchange Commission on July 29, 2005.
--------------------------------------------------------------------------------
Contact:
Investors:
BPC Financial Marketing
John Baldissera, 800-368-1217
or
ATC Healthcare, Inc.
David Savitsky, 516-750-1681
dsavitsky@atchealthcare.com
or
Andrew Reiben, 516-750-1663
areiben@atchealthcare.com
--------------------------------------------------------------------------------
Source: ATC Healthcare, Inc.
AHN, .44-> ATC to Participate in $275 Million Dollar Contract with Department of Health and Human Services
Wednesday September 7, 8:45 am ET
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Sept. 7, 2005--ATC Healthcare, Inc., (AMEX:AHN - News) a leader in medical staffing, announced today that it was one of the two awardees of a large Blanket Purchase Agreement (BPA) with the Department of Health and Human Services. ATC teamed with one of the largest physician staffing firms in the country, to provide all the required staffing services. The contract requires nurse, allied health, and physician staffing in select DHHS facilities. The two-year contract, which has 3 one-year renewals for a total of five years, covers facilities in 11 states and the District of Columbia. The Department of Health and Human Services announcement "estimates, but does not guarantee, that the annual volume of purchases under the Blanket Purchase Agreement will be over $55 million (or $275 million over 5 years)."
ADVERTISEMENT
"I'm very pleased that ATC has been given the opportunity to work with DHHS on this long term contract", said David Savitsky, CEO of ATC Healthcare Services. "We estimate that ATC could see $10 million dollars in sales annually. If all options of the BPA are exercised, it could be worth as much as $18 million dollars per year to ATC over the life of the five-year contract. We are experiencing a significant increase in our government sales this year, having previously announced awards of up to $16 million dollars with facilities in Michigan, Massachusetts and New Jersey," Mr. Savitsky further said.
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics, and other health care facilities with 51 locations and conducts business in 31 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 healthcare professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term, and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com.
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K/A for the year ended February 28, 2005 as filed with the Securities and Exchange Commission on July 29, 2005.
--------------------------------------------------------------------------------
Contact:
Investors:
BPC Financial Marketing
John Baldissera, 800-368-1217
or
ATC Healthcare, Inc.
David Savitsky, 516-750-1681
dsavitsky@atchealthcare.com
or
Andrew Reiben, 516-750-1663
areiben@atchealthcare.com
--------------------------------------------------------------------------------
Source: ATC Healthcare, Inc.
AHN, .44-> ATC to Participate in $275 Million Dollar Contract with Department of Health and Human Services
Wednesday September 7, 8:45 am ET
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Sept. 7, 2005--ATC Healthcare, Inc., (AMEX:AHN - News) a leader in medical staffing, announced today that it was one of the two awardees of a large Blanket Purchase Agreement (BPA) with the Department of Health and Human Services. ATC teamed with one of the largest physician staffing firms in the country, to provide all the required staffing services. The contract requires nurse, allied health, and physician staffing in select DHHS facilities. The two-year contract, which has 3 one-year renewals for a total of five years, covers facilities in 11 states and the District of Columbia. The Department of Health and Human Services announcement "estimates, but does not guarantee, that the annual volume of purchases under the Blanket Purchase Agreement will be over $55 million (or $275 million over 5 years)."
ADVERTISEMENT
"I'm very pleased that ATC has been given the opportunity to work with DHHS on this long term contract", said David Savitsky, CEO of ATC Healthcare Services. "We estimate that ATC could see $10 million dollars in sales annually. If all options of the BPA are exercised, it could be worth as much as $18 million dollars per year to ATC over the life of the five-year contract. We are experiencing a significant increase in our government sales this year, having previously announced awards of up to $16 million dollars with facilities in Michigan, Massachusetts and New Jersey," Mr. Savitsky further said.
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics, and other health care facilities with 51 locations and conducts business in 31 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 healthcare professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term, and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com.
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K/A for the year ended February 28, 2005 as filed with the Securities and Exchange Commission on July 29, 2005.
--------------------------------------------------------------------------------
Contact:
Investors:
BPC Financial Marketing
John Baldissera, 800-368-1217
or
ATC Healthcare, Inc.
David Savitsky, 516-750-1681
dsavitsky@atchealthcare.com
or
Andrew Reiben, 516-750-1663
areiben@atchealthcare.com
--------------------------------------------------------------------------------
Source: ATC Healthcare, Inc.
AHN, .44-> ATC to Participate in $275 Million Dollar Contract with Department of Health and Human Services
Wednesday September 7, 8:45 am ET
LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Sept. 7, 2005--ATC Healthcare, Inc., (AMEX:AHN - News) a leader in medical staffing, announced today that it was one of the two awardees of a large Blanket Purchase Agreement (BPA) with the Department of Health and Human Services. ATC teamed with one of the largest physician staffing firms in the country, to provide all the required staffing services. The contract requires nurse, allied health, and physician staffing in select DHHS facilities. The two-year contract, which has 3 one-year renewals for a total of five years, covers facilities in 11 states and the District of Columbia. The Department of Health and Human Services announcement "estimates, but does not guarantee, that the annual volume of purchases under the Blanket Purchase Agreement will be over $55 million (or $275 million over 5 years)."
ADVERTISEMENT
"I'm very pleased that ATC has been given the opportunity to work with DHHS on this long term contract", said David Savitsky, CEO of ATC Healthcare Services. "We estimate that ATC could see $10 million dollars in sales annually. If all options of the BPA are exercised, it could be worth as much as $18 million dollars per year to ATC over the life of the five-year contract. We are experiencing a significant increase in our government sales this year, having previously announced awards of up to $16 million dollars with facilities in Michigan, Massachusetts and New Jersey," Mr. Savitsky further said.
About ATC Healthcare, Inc.
ATC is a national leader in medical staffing personnel to hospitals, nursing homes, clinics, and other health care facilities with 51 locations and conducts business in 31 states. ATC provides supplemental staffing, outsourcing and human resources solutions to hospitals, nursing homes, medical and research facilities and industry. Drawing from a pool of over 15,000 healthcare professionals spanning more than 50 specialties, the Company supplies both clinical and non-clinical personnel for short-term, long-term, and "traveling" contract assignments. To learn more about the company's services, visit their web site at www.atchealthcare.com.
This press release contains forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in ATC Healthcare, Inc. Annual Report on Form 10-K/A for the year ended February 28, 2005 as filed with the Securities and Exchange Commission on July 29, 2005.
--------------------------------------------------------------------------------
Contact:
Investors:
BPC Financial Marketing
John Baldissera, 800-368-1217
or
ATC Healthcare, Inc.
David Savitsky, 516-750-1681
dsavitsky@atchealthcare.com
or
Andrew Reiben, 516-750-1663
areiben@atchealthcare.com
--------------------------------------------------------------------------------
Source: ATC Healthcare, Inc.
in 5k DSEN @ .31
Authorized Shares: 100,000,000 as of 2005-06-30
Float: 7,090,598 as of 2005-06-30 per->
http://www.pinksheets.com/quote/company_profile.jsp?symbol=IPRE
look at pr's.. share buyback mentioned
g/l
added 50k IPRE .02, up to 100k now em
added 50k IPRE .02, up to 100k now em
added 50k IPRE .02, up to 100k now em
added 50k IPRE .02, up to 100k now em
i know.. was posting as a potential bounce play.. em
added 5k OPLM @ .1 after seeing recent insider activity-> http://www.form4oracle.com/company?cik=0001060409&ticker=oplm.ob
AGSI getting action on katrina pr em
in OPLM @ .1