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Re: 2business post# 4295

Sunday, 12/13/2020 9:42:24 AM

Sunday, December 13, 2020 9:42:24 AM

Post# of 9484
So basically they sold off 90% of CVPI, and just retain 10% of that entity that was just recently created! I don't think that will stop them from making movies. This Company isn't your typical brick and mortar that's for sure but it's the type of stock that can really pop on any news and with the recent POP in PPS and Covid settling down it should be back to business soon and we'll hear from the Company!

On June 21, 2019, Carmel Valley Productions, Inc. (“CVPI”), a newly formed wholly owned subsidiary, a Florida corporation, was formed for purpose of owning and producing family friendly films (see Note 8). In January 2020, the Company sold 90% of its 100% interest in CVPI for $50,000 (see Note 9).