Might as well put the current situation excerpt:
BSEG was hired to create and produce a new television show “Hollywood Behind the Scenes.”
The Company was paid a fee and has an ownership position for creating the show for one of the
major Streaming VOD services.
BSEG/HiFex Chairman purchased the animated film by Buena Vista, “OZZY” for Greater China
distribution.
The company is in the process of restructuring, and has formed a holding company, BSEG
Holdings, to manage the many divisions and separate entities of the Big Screen brand. Fairfax
Entertainment Group (“FEG”) is a US multimedia entertainment company, specializing in
working with companies to expand their entertainment reach on a global level. A new website
will be launched in 2017 for BSEG Holdings.
FEG is experienced in corporate finance, mergers and acquisition, and public company
development. In 2013, FEG became the biggest Class A Common Stock shareholder of Big
Screen Entertainment Group (“BSEG”). Sharing the same goals of growing into a full-service
global entertainment group, BSEG and Fairfax Entertainment have been working closely in
exploring potential opportunities, especially with the Asian-US entertainment markets. Both
companies are working together in expanding the BSEG brand and in global expansion and both controlled by Dr. Jimmy Jiang.
After an internal and external audit, the company has determined that it owed past due amounts
from distributors on several films. While some of these accounts receivable have been collected,
there remains a large portion to be collected. In addition, there have been several court judgments
that the company has acquired against an individual and a company.
BSEG had five board meetings dated February 20th, March 25, 2015, May 18th, 2015, February
8, 2016 and March 3, 2016 to discuss and approve deals in progress, letters of intent, restructuring
of the company, acquisitions for generating revenue and new subsidiaries BSEG is in the process
of forming.
Currently two BSEG Board seats are open and will be filled by two new highly qualified
individuals coming into the company in 2017.
