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Saturday, April 07, 2007 11:03:38 PM
LONDON--(MARKET WIRE)--Jul 25, 2006 -- GameZnFlix (OTC BB:GZFX.OB - News) and London International Television Ltd today announced an investment by GameZnFlix in LITV for the purpose of creating the "The Business Channel" to be broadcast on digital satellite later in 2006. GameZnFlix intends to purchase a 25% interest in LITV with the payment of $2,000,000 over the next year. In addition, GameZnFlix may invest up to an additional $10,000,000 to $25,000,000 within 12 months.
an investment by GameZnFlix in LITV "for the purpose of creating the "The Business Channel""
GameZnFlix" intends" to purchase a 25% interest in LITV with the payment of $2,000,000 over the next year
....and from waynec777's spot:
3. The Company purchased television content (approximately $1 Million worth) from LITV for GNF Entertainment under the previous agreement. GNF chose to not make any further investment in LITV as the company did meet our financial requirement per the agreement.
...not sure about any twisting of words...seems as though for that bit.....i only see this conclusion...fresh as pie on the window sill:
THE BUSINESS CHANNEL, INC.
Business Entity Information
Status: Active on 2/27/2007 File Date: 10/5/2006 9:00:42 AM
Type: Domestic Corporation Corp Number: E0738082006-9
Qualifying State: NV List of Officers Due: 10/31/2007
..still need to see channel#3...or similar goods to market..eh?--best of luck1
sinc,
bill
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