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Thursday, April 01, 2010 12:07:28 PM
Gold Entertainment Group, Inc. Files S1
BOCA RATON, FL, Mar 03, 2010 (MARKETWIRE via COMTEX) -- GOLD ENTERTAINMENT GROUP, INC. (PINKSHEETS: GEGP) today announced it has filed an S1 with the Securities and Exchange Commission SEC. Details can be found at:
http://sec.gov/Archives/edgar/data/1081188/000110801710000026/0001108017-10-000026-index.htm
Notice the stock symbol, GEGP. Before the filing, their business address was listed as:
Gold Entertainment Group, Inc.
23150 Sandalfoot Plaza Drive
Suite C
Boca Raton, FL 33428
* Phone: 647-477-2215
After the filing of the S-1, their business address is listed as the same as that of IGSM:
Business Address 2805 E OAKLAND PARK BLVD PMB 363 FT LAUDERDALE FL 33306 9547825802
This tells me that something is going on behind the scenes - that IGSM is going to announce an acquisition, merger, etc; the stock for GEGP isn't anything to brag about, but we don't know the following:
1. How much the assets/business of either company is worth.
2. If they have gotten some big contracts or opportunities of late; I work at a university, and also with audio/visual systems and teleconferencing, and I can tell you that this type of business is exploding! We are only on the edge of seeing more and more digital TV and especially corporate and educational uses for it.
3. State funding for education is drying up, and institutions (I believe) will start using outsourcing for this, as well as remote classes and distance learning. This company may be cooking up a big plan to take on the world by storm, and merging the talents of several people from 2 different companies would be a great way to start the ball rolling!
I am sitting on the edge of my seat now, waiting to see what happens!
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