Wednesday, April 26, 2017 11:39:33 AM
FinancialBuzz.com News Commentary
NEW YORK, April 25, 2017 /PRNewswire/ --
Everlert, Inc. (OTC: EVLI) announced yesterday that "JH Media Group, created and developed by the late Jerry Heller in collaboration with legendary music producer Denny Diante and the renowned Jennifer Harper, has merged with Everlert, Inc., a publicly-traded Company," according to Everlert's CEO, Mark Blankenship.
The merger enables Everlert, Inc. to place the necessary funding in a private equity fund to underwrite and develop the Intellectual Property Rights included in the merger, which include unpublished Elvis Presley and Tupac tracks, according to Mark Blankenship. The private equity fund that will be used to effectuate the merger is Everlert Entertainment Equity Partners, LLC.
"Everlert anticipates increased value based upon our merger with JH MEDIA Group and the ongoing efforts of its talented and accomplished CEO Jennifer Harper, who was recently appointed as the new President of Everlert, along with the legendary Denny Diante, who was also appointed to the Board," said Blankenship.
Jennifer Harper created and founded JH Media Group in collaboration with the late Jerry Heller and Denny Diante in 2015 and created a music conglomerate that owns and controls intellectual property rights that have generated substantial revenue for several decades.
"We believe that the tremendous value of the music rights created by Jerry Heller and Denny Diante has the potential of generating significant revenue for Everlert, as well as increasing the value of Everlert exponentially," said Harper.
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