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Monday, January 21, 2008 4:35:09 PM
Lets look at some of the broken promises from the past few months:
From July 9, 07 Never Submit PR: "production will go forward with principal photography by August 6, 2007"
NEVER HAPPENED
From May 29, 2007 PR about Say It In Russian: We will showcase this film at selected festivals from now until the American Film Market (AFM) which is our deadline for making the best distribution decision," he added.
NEVER HAPPENED
From about July 3, 2006 PR aobut Muller Dividend: "announced today that its board of directors has declared a stock dividend in its subsidiary, Muller Media, Inc. For every 1000 pre-reverse split (2 post reverse split) shares of Imperia Entertainment, Inc., held on the extended record date of July 3, 2006, a shareholder will receive one common share of Muller Media, Inc."
NEVER HAPPENED
From Sept 27, 2007 PR about cash dividend: "The pay date of the dividend has been established as November 15. "
NEVER HAPPENED
I could go on but you get the idea..
As far as them saying they will probably reverse split... check out this PR from:
Imperia Entertainment Launches New Capital Markets Division BEVERLY HILLS, Calif., Oct 04, 2007 /PRNewswire-FirstCall via COMTEX/—Imperia Entertainment, Inc. (Pink Sheets: IPEI) announced today that it has launched its new full time capital markets division. “This is the first step for the company to access the private equity markets in order to change its reliance upon equity offerings of its common stock to equity offerings in its film projects,” said Kenneth Eade, Chairman. “For investors who have been wondering if we intend to change the capital structure of the company by means of a reverse split, this should act as a clear and resounding ‘no,’” he added.
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